Alzamend Other Current Assets vs Cash Analysis

ALZN Stock  USD 0.59  0.03  4.84%   
Alzamend Neuro financial indicator trend analysis is way more than just evaluating Alzamend Neuro prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alzamend Neuro is a good investment. Please check the relationship between Alzamend Neuro Other Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alzamend Neuro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alzamend Neuro Other Current Assets account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Alzamend Neuro's Other Current Assets and Cash is -0.92. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Alzamend Neuro, assuming nothing else is changed. The correlation between historical values of Alzamend Neuro's Other Current Assets and Cash 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 Alzamend Neuro are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Alzamend Neuro's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
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.

Cash

Cash refers to the most liquid asset of Alzamend Neuro, which is listed under current asset account on Alzamend Neuro balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Alzamend Neuro customers. The amounts must be unrestricted with restricted cash listed in a different Alzamend Neuro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Alzamend Neuro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alzamend Neuro 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 Alzamend Neuro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.As of the 24th of May 2024, Issuance Of Capital Stock is likely to grow to about 6.1 M, while Selling General Administrative is likely to drop about 4.9 M.

Alzamend Neuro fundamental ratios Correlations

0.31-0.90.980.14-0.26-0.790.470.750.480.80.970.350.34-0.460.490.490.830.79-0.96-0.630.830.960.350.830.35
0.31-0.620.41-0.080.0-0.190.980.710.960.660.220.980.61-0.960.960.960.680.28-0.21-0.820.650.230.980.680.98
-0.9-0.62-0.940.020.180.59-0.75-0.93-0.73-0.93-0.86-0.62-0.650.72-0.74-0.74-0.93-0.690.880.8-0.96-0.83-0.62-0.93-0.61
0.980.41-0.940.0-0.11-0.760.560.830.540.820.950.420.42-0.520.550.550.850.79-0.94-0.650.860.940.420.860.41
0.14-0.080.020.0-0.79-0.12-0.06-0.260.12-0.030.160.08-0.37-0.120.120.120.140.3-0.05-0.230.030.220.070.130.08
-0.260.00.18-0.11-0.790.15-0.050.04-0.21-0.29-0.2-0.19-0.070.22-0.22-0.22-0.24-0.130.190.31-0.24-0.2-0.19-0.24-0.19
-0.79-0.190.59-0.76-0.120.15-0.25-0.41-0.29-0.6-0.79-0.230.020.27-0.29-0.29-0.5-0.560.730.41-0.49-0.82-0.23-0.51-0.23
0.470.98-0.750.56-0.06-0.05-0.250.830.980.750.370.960.66-0.970.980.980.810.43-0.37-0.880.780.370.960.810.96
0.750.71-0.930.83-0.260.04-0.410.830.760.850.680.660.73-0.740.770.770.920.64-0.72-0.760.940.650.670.920.66
0.480.96-0.730.540.12-0.21-0.290.980.760.750.380.980.6-1.01.01.00.80.44-0.36-0.90.760.390.980.80.98
0.80.66-0.930.82-0.03-0.29-0.60.750.850.750.750.670.64-0.740.760.760.860.5-0.78-0.850.910.720.680.860.67
0.970.22-0.860.950.16-0.2-0.790.370.680.380.750.240.24-0.360.390.390.790.81-0.98-0.580.790.990.240.790.23
0.350.98-0.620.420.08-0.19-0.230.960.660.980.670.240.58-0.990.980.980.680.29-0.21-0.840.640.251.00.681.0
0.340.61-0.650.42-0.37-0.070.020.660.730.60.640.240.58-0.60.60.60.550.09-0.38-0.440.660.160.590.550.58
-0.46-0.960.72-0.52-0.120.220.27-0.97-0.74-1.0-0.74-0.36-0.99-0.6-1.0-1.0-0.77-0.40.340.9-0.73-0.37-0.98-0.77-0.99
0.490.96-0.740.550.12-0.22-0.290.980.771.00.760.390.980.6-1.01.00.810.44-0.37-0.920.770.40.980.810.98
0.490.96-0.740.550.12-0.22-0.290.980.771.00.760.390.980.6-1.01.00.810.44-0.37-0.920.770.40.980.810.98
0.830.68-0.930.850.14-0.24-0.50.810.920.80.860.790.680.55-0.770.810.810.82-0.78-0.860.980.780.681.00.67
0.790.28-0.690.790.3-0.13-0.560.430.640.440.50.810.290.09-0.40.440.440.82-0.74-0.550.730.840.270.820.28
-0.96-0.210.88-0.94-0.050.190.73-0.37-0.72-0.36-0.78-0.98-0.21-0.380.34-0.37-0.37-0.78-0.740.54-0.81-0.95-0.21-0.78-0.2
-0.63-0.820.8-0.65-0.230.310.41-0.88-0.76-0.9-0.85-0.58-0.84-0.440.9-0.92-0.92-0.86-0.550.54-0.83-0.59-0.84-0.86-0.84
0.830.65-0.960.860.03-0.24-0.490.780.940.760.910.790.640.66-0.730.770.770.980.73-0.81-0.830.760.640.980.64
0.960.23-0.830.940.22-0.2-0.820.370.650.390.720.990.250.16-0.370.40.40.780.84-0.95-0.590.760.240.780.24
0.350.98-0.620.420.07-0.19-0.230.960.670.980.680.241.00.59-0.980.980.980.680.27-0.21-0.840.640.240.681.0
0.830.68-0.930.860.13-0.24-0.510.810.920.80.860.790.680.55-0.770.810.811.00.82-0.78-0.860.980.780.680.67
0.350.98-0.610.410.08-0.19-0.230.960.660.980.670.231.00.58-0.990.980.980.670.28-0.2-0.840.640.241.00.67
Click cells to compare fundamentals

Alzamend Neuro Account Relationship Matchups

Alzamend Neuro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities992.3K899.6K1.2M2.9M3.3M3.5M
Net Tangible Assets821.6K2.0M13.4M3.0M3.5M3.3M
Retained Earnings(11.8M)(16.8M)(29.2M)(44.1M)(39.7M)(37.7M)
Accounts Payable929.6K503.6K1.2M2.9M3.3M3.5M
Net Receivables424.4K285.4K194.3K16.2K14.6K13.9K
Total Current Assets1.8M2.9M14.4M5.8M6.7M4.5M
Common Stock6.5K6.7K9.5K9.7K11.1K7.4K
Total Assets1.8M2.9M14.5M5.9M6.8M5.9M
Other Current Liab62.7K60.7K2.1K2.9M3.3M3.5M
Total Stockholder Equity821.7K2.0M13.4M3.0M3.5M4.3M
Net Debt(90.2K)(1.6M)(14.1M)(5.1M)(4.6M)(4.9M)
Cash90.3K1.9M14.1M5.1M5.9M4.7M
Cash And Short Term Investments90.3K1.9M14.1M5.1M5.9M4.7M
Common Stock Total Equity6.5K6.7K9.5K9.7K11.1K8.5K
Liabilities And Stockholders Equity1.8M2.9M14.5M5.9M6.8M5.9M
Other Current Assets1.5M983.3K349.7K694.9K625.4K756.9K
Other Stockholder Equity27.6M33.7M42.5M47.1M54.2M38.2M
Total Liab992.3K899.6K1.2M2.9M3.3M3.5M
Net Invested Capital821.6K2.3M13.4M3.0M3.5M4.4M
Capital Stock6.6K6.8K9.5K9.7K11.1K8.6K
Net Working Capital821.7K2.0M13.2M3.0M3.4M4.3M

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When determining whether Alzamend Neuro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alzamend Neuro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alzamend Neuro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alzamend Neuro Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alzamend Neuro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.
Note that the Alzamend Neuro information on this page should be used as a complementary analysis to other Alzamend Neuro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Alzamend Neuro's price analysis, check to measure Alzamend Neuro'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 Alzamend Neuro is operating at the current time. Most of Alzamend Neuro's value examination focuses on studying past and present price action to predict the probability of Alzamend Neuro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alzamend Neuro's price. Additionally, you may evaluate how the addition of Alzamend Neuro to your portfolios can decrease your overall portfolio volatility.
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Is Alzamend Neuro'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 Alzamend Neuro. If investors know Alzamend 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 Alzamend Neuro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.82)
Return On Assets
(1.67)
Return On Equity
(11.96)
The market value of Alzamend Neuro is measured differently than its book value, which is the value of Alzamend that is recorded on the company's balance sheet. Investors also form their own opinion of Alzamend Neuro's value that differs from its market value or its book value, called intrinsic value, which is Alzamend Neuro'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 Alzamend Neuro's market value can be influenced by many factors that don't directly affect Alzamend Neuro'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 Alzamend Neuro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alzamend Neuro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alzamend Neuro'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.