PYC Other Current Assets vs Total Assets Analysis

PYC Stock   1.40  0.05  3.45%   
PYC Therapeutics financial indicator trend analysis is much more than just breaking down PYC Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PYC Therapeutics is a good investment. Please check the relationship between PYC Therapeutics Other Current Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PYC Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PYC Therapeutics Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between PYC Therapeutics' Other Current Assets and Total Assets is 0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of PYC Therapeutics, assuming nothing else is changed. The correlation between historical values of PYC Therapeutics' Other Current Assets and Total 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 Other Current Assets of PYC Therapeutics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., PYC Therapeutics' Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of PYC Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PYC Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from PYC Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PYC Therapeutics 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 PYC Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 96.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization839.5K882.0K1.1M1.1M
Cost Of Revenue839.5K882.0K1.1M1.5M

PYC Therapeutics fundamental ratios Correlations

0.550.881.00.90.950.830.91-0.050.980.820.910.82-0.94-0.930.860.980.870.730.79-0.730.951.00.250.870.51
0.550.790.510.650.460.80.770.020.630.620.610.26-0.46-0.710.670.40.620.550.22-0.570.740.52-0.150.620.27
0.880.790.850.980.880.971.0-0.090.930.650.750.77-0.88-0.940.710.790.760.680.74-0.550.930.880.060.750.47
1.00.510.850.880.940.80.89-0.050.970.820.910.82-0.94-0.910.850.990.860.720.79-0.730.941.00.270.860.51
0.90.650.980.880.940.940.98-0.070.940.590.720.85-0.93-0.940.650.830.750.650.85-0.480.910.910.150.720.51
0.950.460.880.940.940.870.9-0.090.950.650.780.94-1.0-0.90.680.920.750.680.92-0.50.890.960.30.760.45
0.830.80.970.80.940.870.97-0.130.890.630.730.78-0.87-0.910.680.720.720.70.72-0.470.910.830.060.760.39
0.910.771.00.890.980.90.97-0.090.950.690.790.78-0.9-0.950.750.830.790.70.75-0.590.950.910.090.780.48
-0.050.02-0.09-0.05-0.07-0.09-0.13-0.090.060.130.07-0.250.14-0.13-0.01-0.080.29-0.15-0.05-0.03-0.06-0.090.76-0.020.3
0.980.630.930.970.940.950.890.950.060.780.880.81-0.93-0.980.820.930.910.70.8-0.660.950.970.290.870.58
0.820.620.650.820.590.650.630.690.130.780.980.4-0.64-0.770.960.780.870.690.35-0.930.860.780.260.90.31
0.910.610.750.910.720.780.730.790.070.880.980.58-0.77-0.850.960.880.90.750.53-0.880.930.890.280.930.36
0.820.260.770.820.850.940.780.78-0.250.810.40.58-0.94-0.740.470.810.540.590.96-0.240.720.850.210.590.35
-0.94-0.46-0.88-0.94-0.93-1.0-0.87-0.90.14-0.93-0.64-0.77-0.940.89-0.68-0.92-0.73-0.7-0.910.5-0.89-0.96-0.28-0.77-0.43
-0.93-0.71-0.94-0.91-0.94-0.9-0.91-0.95-0.13-0.98-0.77-0.85-0.740.89-0.8-0.86-0.92-0.7-0.730.64-0.94-0.92-0.31-0.87-0.61
0.860.670.710.850.650.680.680.75-0.010.820.960.960.47-0.68-0.80.820.880.680.4-0.930.870.830.110.890.4
0.980.40.790.990.830.920.720.83-0.080.930.780.880.81-0.92-0.860.820.820.680.79-0.730.890.990.260.830.5
0.870.620.760.860.750.750.720.790.290.910.870.90.54-0.73-0.920.880.820.570.54-0.780.860.840.380.880.69
0.730.550.680.720.650.680.70.7-0.150.70.690.750.59-0.7-0.70.680.680.570.52-0.580.780.720.140.770.13
0.790.220.740.790.850.920.720.75-0.050.80.350.530.96-0.91-0.730.40.790.540.52-0.190.670.820.340.50.37
-0.73-0.57-0.55-0.73-0.48-0.5-0.47-0.59-0.03-0.66-0.93-0.88-0.240.50.64-0.93-0.73-0.78-0.58-0.19-0.76-0.7-0.09-0.79-0.33
0.950.740.930.940.910.890.910.95-0.060.950.860.930.72-0.89-0.940.870.890.860.780.67-0.760.940.160.90.41
1.00.520.881.00.910.960.830.91-0.090.970.780.890.85-0.96-0.920.830.990.840.720.82-0.70.940.230.850.5
0.25-0.150.060.270.150.30.060.090.760.290.260.280.21-0.28-0.310.110.260.380.140.34-0.090.160.230.250.27
0.870.620.750.860.720.760.760.78-0.020.870.90.930.59-0.77-0.870.890.830.880.770.5-0.790.90.850.250.45
0.510.270.470.510.510.450.390.480.30.580.310.360.35-0.43-0.610.40.50.690.130.37-0.330.410.50.270.45
Click cells to compare fundamentals

PYC Therapeutics Account Relationship Matchups

PYC Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.5M57.9M45.4M37.2M91.2M95.8M
Other Current Liab455.3K763.3K1.6M3.3M1.3M1.3M
Total Current Liabilities705.6K3.3M4.4M8.4M9.1M9.6M
Total Stockholder Equity28.5M53.0M39.4M27.7M80.5M84.5M
Accounts Payable97.3K2.3M2.6M4.9M7.5M7.9M
Cash7.2M18.4M29.1M15.6M66.9M70.2M
Net Receivables82.7K185.6K10.1M16.3M18.0M18.9M
Total Liab1.4M4.0M5.1M8.7M10.2M10.7M
Common Stock62.0M87.2M126.0M140.1M230.6M242.1M
Property Plant Equipment1.1M1.5M1.6M1.0M1.2M1.3M
Property Plant And Equipment Net1.1M1.5M1.6M1.0M1.6M1.7M
Net Debt(6.4M)(17.7M)(28.2M)(15.3M)(65.8M)(62.5M)
Retained Earnings(63.7M)(81.5M)(95.4M)(118.2M)(155.9M)(148.1M)
Non Current Assets Total6.0M6.2M6.1M5.3M5.6M5.9M
Cash And Short Term Investments25.4M51.5M29.1M15.6M66.9M70.2M
Liabilities And Stockholders Equity31.5M57.9M45.4M37.2M91.2M95.8M
Other Current Assets50.4K93.1K68.4K49.6K744.0K781.2K
Other Stockholder Equity(23.5M)(44.5M)(30.6M)(21.9M)(19.7M)(18.7M)
Property Plant And Equipment Gross1.1M3.5M4.3M4.2M5.6M5.9M
Total Current Assets25.6M51.8M39.2M31.9M85.6M89.9M
Accumulated Other Comprehensive Income5.0M8.6M8.7M5.8M5.8M6.1M
Short Long Term Debt Total798.1K730.4K943.8K315.5K1.1M699.4K
Non Currrent Assets Other(4.9M)(6.0M)23.6K(5.3M)4.1M4.3M
Net Tangible Assets23.1M48.4M34.9M23.5M27.0M17.3M
Long Term Debt Total645.2K542.8K684.0K137.7K158.3K315.8K
Net Invested Capital28.0M52.5M39.4M27.7M80.5M84.5M
Cash And Equivalents7.2M18.4M29.1M15.6M17.9M14.1M
Net Working Capital24.6M48.5M34.9M23.5M76.5M80.3M

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Additional Tools for PYC Stock Analysis

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