Anixa Interest Expense vs Cost of Revenue Analysis

ANIX Stock

USD 3.10 0.05 1.64%

Anixa Biosciences financial indicator trend analysis is way more than just evaluating Anixa Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anixa Biosciences is a good investment. Please check the relationship between Anixa Biosciences Interest Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anixa Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anixa Biosciences Interest Expense account and Cost of Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Anixa Biosciences' Interest Expense and Cost of Revenue is 0.41. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Anixa Biosciences, assuming nothing else is changed. The correlation between historical values of Anixa Biosciences' Interest Expense and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Anixa Biosciences are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Interest Expense i.e., Anixa Biosciences' Interest Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on Anixa Biosciences income statement and represents the costs associated with goods and services Anixa Biosciences provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Anixa Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anixa Biosciences 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 Anixa Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.Sales General And Administrative To Revenue is likely to rise to 28.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.

Anixa Biosciences fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Net Receivables	Accounts Payable	Non Current Liabilities Total	Common Stock Total Equity	Short Term Investments	Common Stock	Other Assets	Property Plant Equipment
Total Assets		0.81	0.39	0.98	0.43	-0.53	-0.67	0.53	-0.54	0.99	0.88	0.2	0.52	0.82	-0.29	0.43	0.99	-0.64	-0.34	-0.61	-0.52	-0.32	0.81	-0.32	-0.23	0.64
Other Current Liab	0.81		0.62	0.81	0.21	-0.1	-0.68	0.09	-0.54	0.81	0.9	0.0	0.23	0.84	-0.24	0.21	0.82	-0.66	-0.33	-0.39	-0.54	-0.13	0.91	-0.13	-0.26	0.5
Total Current Liabilities	0.39	0.62		0.28	-0.29	0.26	-0.45	-0.15	0.17	0.32	0.47	0.08	-0.03	0.51	0.47	-0.29	0.34	-0.12	-0.47	0.03	0.14	0.47	0.54	0.47	-0.44	-0.05
Total Stockholder Equity	0.98	0.81	0.28		0.51	-0.56	-0.65	0.54	-0.67	1.0	0.9	0.13	0.55	0.81	-0.46	0.51	1.0	-0.74	-0.27	-0.63	-0.67	-0.44	0.8	-0.44	-0.15	0.7
Property Plant And Equipment Net	0.43	0.21	-0.29	0.51		-0.48	0.05	0.44	-0.71	0.49	0.3	0.0	0.42	0.08	-0.61	1.0	0.48	-0.71	0.4	-0.53	-0.61	-0.51	0.26	-0.51	0.56	0.92
Net Debt	-0.53	-0.1	0.26	-0.56	-0.48		0.29	-0.98	0.39	-0.57	-0.29	0.04	-0.81	-0.24	0.39	-0.48	-0.54	0.37	0.19	0.35	0.37	0.3	0.04	0.31	0.04	-0.35
Retained Earnings	-0.67	-0.68	-0.45	-0.65	0.05	0.29		-0.28	0.36	-0.66	-0.82	0.21	-0.42	-0.92	0.12	0.05	-0.67	0.39	0.85	0.02	0.32	0.34	-0.59	0.34	0.78	-0.15
Cash	0.53	0.09	-0.15	0.54	0.44	-0.98	-0.28		-0.32	0.56	0.27	-0.02	0.82	0.23	-0.29	0.44	0.53	-0.33	-0.22	-0.32	-0.3	-0.22	-0.05	-0.22	-0.06	0.31
Non Current Assets Total	-0.54	-0.54	0.17	-0.67	-0.71	0.39	0.36	-0.32		-0.62	-0.66	0.33	-0.46	-0.48	0.88	-0.71	-0.62	0.9	-0.09	0.46	0.94	0.74	-0.5	0.74	-0.23	-0.77
Cash And Short Term Investments	0.99	0.81	0.32	1.0	0.49	-0.57	-0.66	0.56	-0.62		0.89	0.14	0.56	0.81	-0.38	0.49	1.0	-0.7	-0.31	-0.62	-0.6	-0.39	0.8	-0.39	-0.19	0.68
Common Stock Shares Outstanding	0.88	0.9	0.47	0.9	0.3	-0.29	-0.82	0.27	-0.66	0.89		-0.12	0.46	0.95	-0.38	0.3	0.9	-0.75	-0.49	-0.44	-0.63	-0.44	0.87	-0.44	-0.37	0.58
Inventory	0.2	0.0	0.08	0.13	0.0	0.04	0.21	-0.02	0.33	0.14	-0.12		-0.37	-0.09	0.28	0.0	0.15	0.34	0.3	-0.12	0.25	0.22	0.2	0.22	0.11	0.05
Other Current Assets	0.52	0.23	-0.03	0.55	0.42	-0.81	-0.42	0.82	-0.46	0.56	0.46	-0.37		0.39	-0.36	0.42	0.54	-0.54	-0.33	-0.36	-0.42	-0.29	0.07	-0.29	-0.13	0.39
Other Stockholder Equity	0.82	0.84	0.51	0.81	0.08	-0.24	-0.92	0.23	-0.48	0.81	0.95	-0.09	0.39		-0.2	0.08	0.82	-0.53	-0.68	-0.25	-0.44	-0.38	0.81	-0.38	-0.62	0.38
Total Liab	-0.29	-0.24	0.47	-0.46	-0.61	0.39	0.12	-0.29	0.88	-0.38	-0.38	0.28	-0.36	-0.2		-0.61	-0.38	0.72	-0.25	0.35	0.93	0.76	-0.22	0.76	-0.35	-0.59
Property Plant And Equipment Gross	0.43	0.21	-0.29	0.51	1.0	-0.48	0.05	0.44	-0.71	0.49	0.3	0.0	0.42	0.08	-0.61		0.48	-0.71	0.4	-0.53	-0.61	-0.51	0.26	-0.51	0.56	0.92
Total Current Assets	0.99	0.82	0.34	1.0	0.48	-0.54	-0.67	0.53	-0.62	1.0	0.9	0.15	0.54	0.82	-0.38	0.48		-0.71	-0.3	-0.62	-0.6	-0.39	0.82	-0.39	-0.19	0.68
Non Currrent Assets Other	-0.64	-0.66	-0.12	-0.74	-0.71	0.37	0.39	-0.33	0.9	-0.7	-0.75	0.34	-0.54	-0.53	0.72	-0.71	-0.71		-0.02	0.59	0.87	0.53	-0.6	0.53	-0.23	-0.81
Net Receivables	-0.34	-0.33	-0.47	-0.27	0.4	0.19	0.85	-0.22	-0.09	-0.31	-0.49	0.3	-0.33	-0.68	-0.25	0.4	-0.3	-0.02		-0.28	-0.12	0.04	-0.2	0.04	0.95	0.26
Accounts Payable	-0.61	-0.39	0.03	-0.63	-0.53	0.35	0.02	-0.32	0.46	-0.62	-0.44	-0.12	-0.36	-0.25	0.35	-0.53	-0.62	0.59	-0.28		0.45	0.26	-0.52	0.26	-0.42	-0.63
Non Current Liabilities Total	-0.52	-0.54	0.14	-0.67	-0.61	0.37	0.32	-0.3	0.94	-0.6	-0.63	0.25	-0.42	-0.44	0.93	-0.61	-0.6	0.87	-0.12	0.45		0.66	-0.49	0.66	-0.25	-0.68
Common Stock Total Equity	-0.32	-0.13	0.47	-0.44	-0.51	0.3	0.34	-0.22	0.74	-0.39	-0.44	0.22	-0.29	-0.38	0.76	-0.51	-0.39	0.53	0.04	0.26	0.66		-0.29	1.0	-0.03	-0.55
Short Term Investments	0.81	0.91	0.54	0.8	0.26	0.04	-0.59	-0.05	-0.5	0.8	0.87	0.2	0.07	0.81	-0.22	0.26	0.82	-0.6	-0.2	-0.52	-0.49	-0.29		-0.29	-0.17	0.59
Common Stock	-0.32	-0.13	0.47	-0.44	-0.51	0.31	0.34	-0.22	0.74	-0.39	-0.44	0.22	-0.29	-0.38	0.76	-0.51	-0.39	0.53	0.04	0.26	0.66	1.0	-0.29		-0.03	-0.55
Other Assets	-0.23	-0.26	-0.44	-0.15	0.56	0.04	0.78	-0.06	-0.23	-0.19	-0.37	0.11	-0.13	-0.62	-0.35	0.56	-0.19	-0.23	0.95	-0.42	-0.25	-0.03	-0.17	-0.03		0.4
Property Plant Equipment	0.64	0.5	-0.05	0.7	0.92	-0.35	-0.15	0.31	-0.77	0.68	0.58	0.05	0.39	0.38	-0.59	0.92	0.68	-0.81	0.26	-0.63	-0.68	-0.55	0.59	-0.55	0.4

Click cells to compare fundamentals

Anixa Biosciences Account Relationship Matchups

Anixa Biosciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.5M	36.3M	30.4M	25.5M	29.4M	30.8M
Other Current Liab	901.0K	1.1M	1.7M	1.8M	2.0M	2.1M
Total Current Liabilities	1.2M	1.3M	2.0M	2.0M	2.3M	2.4M
Total Stockholder Equity	8.8M	35.4M	29.0M	24.3M	28.0M	29.4M
Property Plant And Equipment Net	54.3K	254.0K	212K	166K	149.4K	132.1K
Net Debt	(6.4M)	(28.9M)	(12.1M)	(740K)	(666K)	(699.3K)
Retained Earnings	(191.8M)	(204.8M)	(218.4M)	(228.2M)	(205.4M)	(195.1M)
Cash	6.4M	29.1M	12.4M	915K	1.1M	999.6K
Non Current Assets Total	84.3K	254.0K	212K	166K	190.9K	181.4K
Cash And Short Term Investments	9.1M	35.7M	29.7M	23.8M	27.4M	28.8M
Common Stock Shares Outstanding	22.2M	28.6M	30.4M	31.0M	35.6M	37.4M
Liabilities And Stockholders Equity	9.5M	36.3M	30.4M	25.5M	29.4M	30.8M
Other Current Assets	2.9M	6.9M	513K	1.2M	1.4M	897.9K
Other Stockholder Equity	200.4M	239.9M	247.1M	252.2M	290.1M	304.6M
Total Liab	1.2M	1.5M	2.2M	2.2M	2.5M	2.2M
Property Plant And Equipment Gross	54.3K	254.0K	212K	166K	149.4K	132.1K
Total Current Assets	9.4M	36.0M	30.2M	25.4M	29.2M	30.6M
Non Currrent Assets Other	910.2K	(200.6K)	30K	(212K)	(243.8K)	(231.6K)
Net Receivables	66.5K	2.2K	46K	270K	243K	231.6K
Accounts Payable	232.4K	136.2K	265K	206K	185.4K	176.1K
Non Current Liabilities Total	287.6K	220.1K	175K	123K	141.5K	134.4K
Common Stock Total Equity	189.1K	203.3K	242.5K	309K	278.1K	264.2K
Short Term Investments	2.6M	6.6M	17.3M	22.9M	26.4M	27.7M
Common Stock	242.5K	300.5K	309K	311K	279.9K	265.9K
Property Plant Equipment	200.6K	54.3K	254.0K	212K	243.8K	256.0K
Net Tangible Assets	5.2M	8.8M	35.4M	29.0M	33.4M	35.1M
Noncontrolling Interest In Consolidated Entity	(251.4K)	(423.0K)	(497.0K)	(847K)	(762.3K)	(724.2K)
Retained Earnings Total Equity	(170.2M)	(181.8M)	(191.8M)	(218.4M)	(196.5M)	(206.4M)
Capital Surpluse	175.4M	186.8M	200.4M	247.1M	284.2M	181.1M

Pair Trading with Anixa Biosciences

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 Anixa Biosciences 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 Anixa Biosciences will appreciate offsetting losses from the drop in the long position's value.

Moving against Anixa Stock

0.81	IOVA	Iovance Biotherapeutics Financial Report 14th of May 2024	Pair Corr
0.78	NUVB	Nuvation Bio Financial Report 2nd of May 2024	Pair Corr
0.7	JSPRW	Jasper Therapeutics	Pair Corr
0.67	ZNTL	Zentalis PharmaceuticalsL Financial Report 8th of May 2024	Pair Corr
0.66	MRSN	Mersana Therapeutics Downward Rally	Pair Corr

The ability to find closely correlated positions to Anixa Biosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anixa Biosciences 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 Anixa Biosciences - 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 Anixa Biosciences to buy it.

The correlation of Anixa Biosciences 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 Anixa Biosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anixa Biosciences 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 Anixa Biosciences 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 Correlation Correlation Matching

When determining whether Anixa Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Anixa Biosciences' 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 Anixa Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anixa Biosciences Stock:

How To Invest In Anixa

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Is Anixa Stock a good investment?

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What is Anixa Biosciences' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anixa Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Anixa Biosciences' price analysis, check to measure Anixa Biosciences' 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 Anixa Biosciences is operating at the current time. Most of Anixa Biosciences' value examination focuses on studying past and present price action to predict the probability of Anixa Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anixa Biosciences' price. Additionally, you may evaluate how the addition of Anixa Biosciences to your portfolios can decrease your overall portfolio volatility.

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Is Anixa Biosciences' 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 Anixa Biosciences. If investors know Anixa 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 Anixa Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.34)

Revenue Per Share

0.007

Return On Assets

(0.28)

Return On Equity

(0.43)

The market value of Anixa Biosciences is measured differently than its book value, which is the value of Anixa that is recorded on the company's balance sheet. Investors also form their own opinion of Anixa Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Anixa Biosciences' 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 Anixa Biosciences' market value can be influenced by many factors that don't directly affect Anixa Biosciences' 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 Anixa Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Anixa Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anixa Biosciences' 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.

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Anixa Interest Expense vs Cost of Revenue Analysis

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Interest Expense

Cost Of Revenue

Anixa Biosciences fundamental ratios Correlations

Anixa Biosciences Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anixa Biosciences fundamental ratios Accounts

Pair Trading with Anixa Biosciences

Moving against Anixa Stock

Complementary Tools for Anixa Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 0.99	Total Assets

Cash	- 0.98	Net Debt
Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock Shares Outstanding	- 0.82	Retained Earnings
Property Plant Equipment	- 0.81	Non Currrent Assets Other
Other Current Assets	- 0.81	Net Debt
Property Plant Equipment	- 0.77	Non Current Assets Total