OSTX Property Plant And Equipment Net vs Total Current Assets Analysis
| OSTX Stock | 5.54 0.38 7.36% |
OS Therapies financial indicator trend analysis is much more than just breaking down OS Therapies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OS Therapies is a good investment. Please check the relationship between OS Therapies Property Plant And Equipment Net and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OS Therapies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Property Plant And Equipment Net vs Total Current Assets
Property Plant And Equipment Net vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OS Therapies Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between OS Therapies' Property Plant And Equipment Net and Total Current Assets is -0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of OS Therapies Incorporated, assuming nothing else is changed. The correlation between historical values of OS Therapies' Property Plant And Equipment Net and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of OS Therapies Incorporated are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., OS Therapies' Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from OS Therapies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OS Therapies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OS Therapies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Selling General Administrative is likely to drop to about 1 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.8M | 4.4M | 4.3M | 3.6M | Research Development | 2.2M | 3.3M | 3.2M | 3.2M |
OS Therapies fundamental ratios Correlations
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OS Therapies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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