RepliCel Short Term Debt vs Non Currrent Assets Other Analysis
RP Stock | CAD 0.06 0.00 0.00% |
RepliCel Life financial indicator trend analysis is much more than just breaking down RepliCel Life Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RepliCel Life Sciences is a good investment. Please check the relationship between RepliCel Life Short Term Debt and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RepliCel Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Short Term Debt vs Non Currrent Assets Other
Short Term Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RepliCel Life Sciences Short Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between RepliCel Life's Short Term Debt and Non Currrent Assets Other is -0.51. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of RepliCel Life Sciences, assuming nothing else is changed. The correlation between historical values of RepliCel Life's Short Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of RepliCel Life Sciences are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Debt i.e., RepliCel Life's Short Term Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from RepliCel Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RepliCel Life Sciences 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 RepliCel Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, RepliCel Life's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 5.74 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.49) in 2024.
RepliCel Life fundamental ratios Correlations
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RepliCel Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RepliCel Life fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 505.5K | 421.0K | 591.8K | 798.2K | 718.4K | 898.5K | |
Total Current Liabilities | 1.6M | 2.2M | 1.7M | 2.1M | 2.4M | 2.5M | |
Total Stockholder Equity | (4.4M) | (5.1M) | (6.8M) | (5.9M) | (5.3M) | (5.1M) | |
Property Plant And Equipment Net | 6.0K | 4.4K | 3.3K | 2.4K | 2.2K | 2.1K | |
Net Debt | 425.4K | 41.7K | (186.9K) | (372.1K) | (334.9K) | (318.1K) | |
Retained Earnings | (36.6M) | (38.2M) | (42.2M) | (43.0M) | (38.7M) | (36.7M) | |
Accounts Payable | 640.3K | 1.3M | 602.0K | 817.9K | 940.6K | 473.1K | |
Cash | 23.9K | 34.4K | 221.2K | 413.0K | 475.0K | 486.0K | |
Non Current Assets Total | 272.2K | 235.3K | 198.8K | 162.5K | 146.3K | 139.0K | |
Cash And Short Term Investments | 52.7K | 51.6K | 238.4K | 430.3K | 494.8K | 652.7K | |
Net Receivables | 51.9K | 63.6K | 61.2K | 82.2K | 94.5K | 99.2K | |
Common Stock Shares Outstanding | 24.1M | 27.0M | 32.5M | 37.8M | 43.4M | 45.6M | |
Liabilities And Stockholders Equity | 505.5K | 421.0K | 591.8K | 798.2K | 718.4K | 898.5K | |
Other Stockholder Equity | 4.6M | 4.6M | 5.1M | 5.4M | 6.2M | 7.7M | |
Total Liab | 4.9M | 5.5M | 7.4M | 6.7M | 7.7M | 8.1M | |
Total Current Assets | 233.2K | 185.7K | 393.0K | 635.7K | 731.0K | 793.7K | |
Common Stock | 27.5M | 28.5M | 30.3M | 31.7M | 36.4M | 19.0M | |
Other Current Liab | 107.3K | 517.8K | 106.6K | 211.8K | 243.6K | 260.9K | |
Other Assets | 301.6K | 266.2K | 230.8K | 195.5K | 224.8K | 158.4K | |
Non Current Liabilities Total | 3.4M | 3.2M | 5.8M | 4.6M | 5.3M | 5.6M | |
Other Current Assets | 128.7K | 70.5K | 93.4K | 123.2K | 141.7K | 148.8K | |
Net Tangible Assets | (1.9M) | (4.4M) | (5.1M) | (6.8M) | (6.2M) | (5.9M) | |
Property Plant Equipment | 8.2K | 6.0K | 4.4K | 3.3K | 2.9K | 2.8K | |
Net Invested Capital | (2.9M) | (5.0M) | (6.8M) | (5.9M) | (5.3M) | (5.6M) | |
Net Working Capital | (1.2M) | (2.1M) | (1.3M) | (1.4M) | (1.3M) | (1.4M) | |
Capital Stock | 29.0M | 28.5M | 30.3M | 31.7M | 36.4M | 32.6M |
Pair Trading with RepliCel Life
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 RepliCel Life 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 RepliCel Life will appreciate offsetting losses from the drop in the long position's value.Moving against RepliCel Stock
0.55 | GOOG | Alphabet CDR | PairCorr |
0.42 | TML | Treasury Metals | PairCorr |
The ability to find closely correlated positions to RepliCel Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RepliCel Life 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 RepliCel Life - 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 RepliCel Life Sciences to buy it.
The correlation of RepliCel Life 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 RepliCel Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RepliCel Life Sciences 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 RepliCel Life 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RepliCel Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for RepliCel Stock analysis
When running RepliCel Life's price analysis, check to measure RepliCel Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RepliCel Life is operating at the current time. Most of RepliCel Life's value examination focuses on studying past and present price action to predict the probability of RepliCel Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RepliCel Life's price. Additionally, you may evaluate how the addition of RepliCel Life to your portfolios can decrease your overall portfolio volatility.
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