Aethlon Other Current Assets vs Total Current Liabilities Analysis

AEMD Stock  USD 1.06  0.12  10.17%   
Aethlon Medical financial indicator trend analysis is way more than just evaluating Aethlon Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aethlon Medical is a good investment. Please check the relationship between Aethlon Medical Other Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aethlon Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Aethlon Stock refer to our How to Trade Aethlon Stock guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aethlon Medical Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aethlon Medical's Other Current Assets and Total Current Liabilities is -0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aethlon Medical, assuming nothing else is changed. The correlation between historical values of Aethlon Medical's Other Current Assets and Total Current Liabilities 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 Aethlon Medical are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Aethlon Medical's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Current Liabilities

Total Current Liabilities is an item on Aethlon Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aethlon Medical are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Aethlon Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aethlon Medical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aethlon Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Aethlon Stock refer to our How to Trade Aethlon Stock guide.At present, Aethlon Medical's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.44, whereas Sales General And Administrative To Revenue is forecasted to decline to 12.03.

Aethlon Medical fundamental ratios Correlations

-0.29-0.340.9-0.94-0.791.00.890.861.0-0.40.940.92-0.241.0-0.320.89-0.020.89-0.89-0.27-0.410.13-0.48-0.870.13
-0.290.95-0.660.410.23-0.31-0.18-0.19-0.310.93-0.24-0.330.95-0.30.93-0.20.42-0.20.460.690.85-0.110.20.3-0.12
-0.340.95-0.710.50.29-0.36-0.19-0.22-0.360.98-0.25-0.380.99-0.350.98-0.210.58-0.210.550.860.970.010.380.34-0.17
0.9-0.66-0.71-0.94-0.720.910.740.740.91-0.750.810.85-0.640.91-0.70.75-0.280.75-0.92-0.6-0.750.09-0.52-0.820.2
-0.940.410.5-0.940.81-0.96-0.72-0.84-0.960.55-0.82-0.860.43-0.960.49-0.720.2-0.720.90.480.57-0.030.480.89-0.28
-0.790.230.29-0.720.81-0.8-0.62-0.72-0.80.34-0.69-0.930.23-0.80.29-0.60.23-0.60.580.310.410.440.370.78-0.25
1.0-0.31-0.360.91-0.96-0.80.850.851.0-0.420.920.92-0.271.0-0.350.85-0.060.85-0.89-0.31-0.430.1-0.48-0.880.17
0.89-0.18-0.190.74-0.72-0.620.850.790.85-0.250.960.83-0.080.85-0.161.00.181.0-0.8-0.06-0.250.27-0.53-0.69-0.15
0.86-0.19-0.220.74-0.84-0.720.850.790.85-0.280.860.75-0.160.86-0.230.780.080.78-0.79-0.15-0.270.18-0.4-0.790.0
1.0-0.31-0.360.91-0.96-0.81.00.850.85-0.420.920.92-0.271.0-0.350.85-0.060.85-0.89-0.31-0.430.1-0.48-0.880.17
-0.40.930.98-0.750.550.34-0.42-0.25-0.28-0.42-0.32-0.430.97-0.410.99-0.270.59-0.270.590.830.970.00.340.41-0.18
0.94-0.24-0.250.81-0.82-0.690.920.960.860.92-0.320.87-0.150.92-0.230.960.140.96-0.85-0.15-0.310.27-0.49-0.830.07
0.92-0.33-0.380.85-0.86-0.930.920.830.750.92-0.430.87-0.280.91-0.360.82-0.150.82-0.75-0.33-0.48-0.2-0.5-0.820.15
-0.240.950.99-0.640.430.23-0.27-0.08-0.16-0.270.97-0.15-0.28-0.260.98-0.10.6-0.10.470.860.950.020.30.29-0.21
1.0-0.3-0.350.91-0.96-0.81.00.850.861.0-0.410.920.91-0.26-0.340.85-0.050.85-0.89-0.3-0.420.1-0.47-0.880.17
-0.320.930.98-0.70.490.29-0.35-0.16-0.23-0.350.99-0.23-0.360.98-0.34-0.170.63-0.170.530.840.970.030.290.36-0.21
0.89-0.2-0.210.75-0.72-0.60.851.00.780.85-0.270.960.82-0.10.85-0.170.171.0-0.82-0.08-0.270.29-0.54-0.69-0.15
-0.020.420.58-0.280.20.23-0.060.180.08-0.060.590.14-0.150.6-0.050.630.170.170.140.610.680.480.270.11-0.21
0.89-0.2-0.210.75-0.72-0.60.851.00.780.85-0.270.960.82-0.10.85-0.171.00.17-0.82-0.08-0.270.29-0.54-0.69-0.15
-0.890.460.55-0.920.90.58-0.89-0.8-0.79-0.890.59-0.85-0.750.47-0.890.53-0.820.14-0.820.470.61-0.320.680.82-0.06
-0.270.690.86-0.60.480.31-0.31-0.06-0.15-0.310.83-0.15-0.330.86-0.30.84-0.080.61-0.080.470.910.240.420.33-0.39
-0.410.850.97-0.750.570.41-0.43-0.25-0.27-0.430.97-0.31-0.480.95-0.420.97-0.270.68-0.270.610.910.140.480.42-0.21
0.13-0.110.010.09-0.030.440.10.270.180.10.00.27-0.20.020.10.030.290.480.29-0.320.240.14-0.03-0.07-0.21
-0.480.20.38-0.520.480.37-0.48-0.53-0.4-0.480.34-0.49-0.50.3-0.470.29-0.540.27-0.540.680.420.48-0.030.440.19
-0.870.30.34-0.820.890.78-0.88-0.69-0.79-0.880.41-0.83-0.820.29-0.880.36-0.690.11-0.690.820.330.42-0.070.44-0.4
0.13-0.12-0.170.2-0.28-0.250.17-0.150.00.17-0.180.070.15-0.210.17-0.21-0.15-0.21-0.15-0.06-0.39-0.21-0.210.19-0.4
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Aethlon Medical Account Relationship Matchups

Aethlon Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.4M10.7M19.4M17.5M20.1M21.1M
Other Current Liab584.1K880.2K852.6K588.6K676.9K643.0K
Total Current Liabilities1.1M1.4M1.8M1.5M1.7M1.6M
Total Stockholder Equity9.4M9.4M17.1M15.1M17.3M18.2M
Net Debt(9.5M)(9.8M)(16.3M)(13.3M)(12.0M)(11.4M)
Retained Earnings(112.0M)(119.9M)(130.3M)(142.4M)(128.1M)(121.7M)
Cash9.6M9.9M17.1M14.5M16.7M17.5M
Non Current Assets Total346.6K317.2K1.3M2.4M2.8M2.9M
Cash And Short Term Investments9.6M9.9M17.1M14.5M16.7M17.5M
Common Stock Total Equity17.7K19.0K9.4K12.2K14.0K13.3K
Common Stock Shares Outstanding341.5K1.2M1.5M2.1M2.4M2.5M
Liabilities And Stockholders Equity10.4M10.7M19.4M17.5M20.1M21.1M
Other Stockholder Equity121.4M129.3M147.4M163.5M188.1M197.5M
Total Liab1.1M1.4M2.4M2.4M2.8M4.1M
Total Current Assets10.0M10.4M18.2M15.1M17.4M18.2M
Common Stock9.4K12.2K15.4K23.0K26.4K39.5K
Property Plant And Equipment Net276.9K201.3K1.1M2.3M2.6M2.8M
Accounts Payable285.0K337.7K500.0K432.9K389.6K563.8K
Property Plant And Equipment Gross276.9K201.3K1.1M2.3M2.6M2.8M
Intangible Assets57.5K57.0K2.2K1.7K1.5K1.4K
Short Long Term Debt Total141.1K42.5K729.4K1.2M1.1M936.2K
Other Current Assets229.6M341.1M956.6K557.6K641.3K609.2K
Accumulated Other Comprehensive Income(368.3K)(385.5K)0.0(6.1M)(5.5M)(5.3M)
Short Term Debt98.6K42.5K126.9K269.4K242.4K230.3K
Property Plant Equipment140.5K201.3K1.1M2.3M2.6M2.8M
Non Current Liabilities Total42.5K495.1K602.5K939.6K1.1M1.1M
Net Tangible Assets9.4M9.4M17.1M15.1M17.3M18.2M
Noncontrolling Interest In Consolidated Entity(101.2K)(126.0K)(132.1K)(136.9K)(123.2K)(117.1K)
Retained Earnings Total Equity(99.5M)(105.7M)(112.0M)(119.9M)(107.9M)(113.3M)
Capital Surpluse105.6M108.1M121.4M129.3M148.7M97.7M

Pair Trading with Aethlon Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aethlon Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aethlon Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aethlon Stock

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Moving against Aethlon Stock

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The ability to find closely correlated positions to Aethlon Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aethlon Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aethlon Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aethlon Medical to buy it.
The correlation of Aethlon Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aethlon Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aethlon Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aethlon Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aethlon Medical is a strong investment it is important to analyze Aethlon Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aethlon Medical's future performance. For an informed investment choice regarding Aethlon Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aethlon Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Aethlon Stock refer to our How to Trade Aethlon Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Aethlon Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aethlon Medical. If investors know Aethlon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aethlon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.01)
Revenue Per Share
0.236
Quarterly Revenue Growth
42.782
Return On Assets
(0.47)
Return On Equity
(0.98)
The market value of Aethlon Medical is measured differently than its book value, which is the value of Aethlon that is recorded on the company's balance sheet. Investors also form their own opinion of Aethlon Medical's value that differs from its market value or its book value, called intrinsic value, which is Aethlon Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aethlon Medical's market value can be influenced by many factors that don't directly affect Aethlon Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aethlon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aethlon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aethlon Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.