Biotricity Total Current Liabilities vs Cash And Short Term Investments Analysis
BTCY Stock | USD 0.94 0.02 2.17% |
Biotricity financial indicator trend analysis is way more than just evaluating Biotricity prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biotricity is a good investment. Please check the relationship between Biotricity Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biotricity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biotricity Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Biotricity's Total Current Liabilities and Cash And Short Term Investments is 0.1. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Biotricity, assuming nothing else is changed. The correlation between historical values of Biotricity's Total Current Liabilities and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Biotricity are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Biotricity's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Biotricity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Biotricity 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Biotricity balance sheet. This account contains Biotricity investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Biotricity fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Biotricity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biotricity 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 Biotricity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.At this time, Biotricity's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 11.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.2 M in 2024.
Biotricity fundamental ratios Correlations
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Biotricity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biotricity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0M | 4.4M | 16.7M | 6.5M | 7.5M | 7.9M | |
Short Long Term Debt Total | 2.3M | 4.7M | 15.4M | 19.5M | 22.5M | 23.6M | |
Other Current Liab | 427.6K | 3.6M | 520.7K | 1.0M | 1.2M | 977.3K | |
Total Current Liabilities | 3.8M | 10.5M | 4.9M | 11.2M | 12.8M | 13.5M | |
Total Stockholder Equity | (3.0M) | (6.8M) | (2.1M) | (19.8M) | (17.9M) | (17.0M) | |
Net Debt | 1.4M | 2.5M | 3.3M | 19.0M | 21.8M | 22.9M | |
Retained Earnings | (46.4M) | (62.8M) | (93.0M) | (112.6M) | (101.3M) | (96.2M) | |
Accounts Payable | 1.1M | 1.0M | 1.2M | 3.4M | 4.0M | 4.1M | |
Cash | 949.8K | 2.2M | 12.1M | 570.5K | 656.0K | 623.2K | |
Cash And Short Term Investments | 949.8K | 2.2M | 12.1M | 570.5K | 656.0K | 623.2K | |
Net Receivables | 623.3K | 1.8M | 2.4M | 1.8M | 2.1M | 2.2M | |
Common Stock Total Equity | 31.9K | 35.4K | 36.4K | 39.0K | 44.9K | 27.8K | |
Common Stock Shares Outstanding | 6.0M | 6.3M | 7.6M | 8.7M | 10.0M | 7.3M | |
Liabilities And Stockholders Equity | 2.0M | 4.4M | 16.7M | 6.5M | 7.5M | 7.9M | |
Non Current Liabilities Total | 1.2M | 780.9K | 14.0M | 15.2M | 17.5M | 18.3M | |
Other Stockholder Equity | 44.2M | 56.6M | 91.6M | 92.8M | 106.7M | 112.1M | |
Total Liab | 5.0M | 11.3M | 18.8M | 26.4M | 30.3M | 31.8M | |
Total Current Assets | 1.7M | 4.3M | 15.3M | 4.7M | 5.4M | 3.2M | |
Accumulated Other Comprehensive Income | (857.3K) | (634.2K) | (768.7K) | (152.8K) | (137.5K) | (144.4K) | |
Short Term Debt | 2.3M | 4.3M | 1.8M | 5.1M | 5.9M | 6.2M | |
Common Stock | 36.4K | 39.0K | 51.3K | 52.5K | 60.4K | 33.8K | |
Net Tangible Assets | (1.8M) | (3.0M) | (6.8M) | (2.1M) | (1.9M) | (2.0M) | |
Non Current Assets Total | 345.6K | 116.5K | 1.4M | 1.8M | 2.1M | 2.2M | |
Short Term Investments | 137.1K | 326.7K | 302.3K | 588.6K | 676.9K | 710.7K | |
Inventory | 85.7K | 272.5K | 842.9K | 2.3M | 2.7M | 2.8M | |
Other Current Assets | 137.1K | 326.7K | 406.3K | 588.6K | 676.9K | 710.7K | |
Short Long Term Debt | 2.1M | 4.3M | 1.5M | 4.8M | 5.5M | 5.8M | |
Net Invested Capital | (932.1K) | (2.2M) | 11.9M | (2.0M) | (2.3M) | (2.2M) | |
Net Working Capital | (2.1M) | (6.2M) | 10.5M | (6.4M) | (5.8M) | (5.5M) | |
Capital Stock | 36.4K | 39.0K | 51.3K | 52.5K | 60.4K | 47.2K |
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Additional Tools for Biotricity Stock Analysis
When running Biotricity's price analysis, check to measure Biotricity'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 Biotricity is operating at the current time. Most of Biotricity's value examination focuses on studying past and present price action to predict the probability of Biotricity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotricity's price. Additionally, you may evaluate how the addition of Biotricity to your portfolios can decrease your overall portfolio volatility.