CybinInc Cash And Short Term Investments vs Total Current Liabilities Analysis
| CYBN Stock | USD 0.35 0.01 2.94% |
CybinInc financial indicator trend analysis is way more than just evaluating CybinInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CybinInc is a good investment. Please check the relationship between CybinInc Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CybinInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CybinInc Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CybinInc's Cash And Short Term Investments and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CybinInc, assuming nothing else is changed. The correlation between historical values of CybinInc's Cash And Short Term Investments 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 Cash And Short Term Investments of CybinInc 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 Cash And Short Term Investments i.e., CybinInc's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of CybinInc balance sheet. This account contains CybinInc investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CybinInc 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.Total Current Liabilities
Total Current Liabilities is an item on CybinInc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CybinInc 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 CybinInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CybinInc 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 CybinInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.As of the 17th of May 2024, Selling General Administrative is likely to drop to about 25.6 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 11.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 241K | 603K | 693.5K | 728.1K | Net Interest Income | 241K | 603K | 693.5K | 728.1K |
CybinInc fundamental ratios Correlations
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CybinInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CybinInc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7M | 92.1M | 84.1M | 53.9M | 62.0M | 51.1M | |
| Total Current Liabilities | 263K | 4.9M | 7.9M | 5.7M | 6.5M | 4.1M | |
| Total Stockholder Equity | 1.4M | 86.1M | 76.2M | 48.2M | 55.5M | 46.7M | |
| Net Debt | (1.5M) | (64.0M) | (53.6M) | (16.6M) | (15.0M) | (15.7M) | |
| Retained Earnings | (810K) | (33.0M) | (100.7M) | (148.2M) | (133.3M) | (126.7M) | |
| Cash | 1.5M | 64.0M | 53.6M | 16.6M | 19.1M | 30.0M | |
| Non Current Assets Total | 71K | 25.6M | 25.7M | 30.7M | 35.3M | 18.1M | |
| Cash And Short Term Investments | 1.5M | 64.0M | 53.6M | 16.6M | 19.1M | 30.0M | |
| Common Stock Shares Outstanding | 50.0M | 100.0M | 167.3M | 185.4M | 213.2M | 113.6M | |
| Liabilities And Stockholders Equity | 1.7M | 92.1M | 84.1M | 53.9M | 62.0M | 51.1M | |
| Other Stockholder Equity | 70.9K | 18.4M | 35.7M | 40.3M | 46.3M | 48.6M | |
| Total Liab | 263K | 6.0M | 7.9M | 5.7M | 6.5M | 4.4M | |
| Total Current Assets | 1.6M | 66.5M | 58.4M | 23.2M | 26.7M | 33.0M | |
| Common Stock | 2.2M | 100.7M | 141.5M | 158.2M | 181.9M | 191.0M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in CybinInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.Note that the CybinInc information on this page should be used as a complementary analysis to other CybinInc'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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Is CybinInc'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 CybinInc. If investors know CybinInc 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 CybinInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Return On Assets (0.44) | Return On Equity (0.79) |
The market value of CybinInc is measured differently than its book value, which is the value of CybinInc that is recorded on the company's balance sheet. Investors also form their own opinion of CybinInc's value that differs from its market value or its book value, called intrinsic value, which is CybinInc'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 CybinInc's market value can be influenced by many factors that don't directly affect CybinInc'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 CybinInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if CybinInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CybinInc'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.