Kintara Total Assets vs Cash And Short Term Investments Analysis
| KTRA Stock | USD 0.17 0.01 6.25% |
Kintara Therapeutics financial indicator trend analysis is infinitely more than just investigating Kintara Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kintara Therapeutics is a good investment. Please check the relationship between Kintara Therapeutics Total Assets and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kintara Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Kintara Stock refer to our How to Trade Kintara Stock guide.
Total Assets vs Cash And Short Term Investments
Total Assets 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 Kintara Therapeutics Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kintara Therapeutics' Total Assets and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Kintara Therapeutics, assuming nothing else is changed. The correlation between historical values of Kintara Therapeutics' Total Assets 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 Assets of Kintara Therapeutics 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 Assets i.e., Kintara Therapeutics' Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Kintara Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kintara Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Kintara Therapeutics balance sheet. This account contains Kintara Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kintara Therapeutics 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 Kintara Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kintara Therapeutics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kintara Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Kintara Stock refer to our How to Trade Kintara Stock guide.At present, Kintara Therapeutics' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.0005, whereas Selling General Administrative is forecasted to decline to about 4.7 M.
| 2021 | 2023 | 2024 (projected) | Research Development | 15.2M | 8.4M | 8.0M | Depreciation And Amortization | 60K | 69K | 72.5K |
Kintara Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Kintara Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kintara Therapeutics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.9M | 13.5M | 15.9M | 4.0M | 4.6M | 5.8M | |
| Total Current Liabilities | 2.7M | 2.8M | 4.0M | 3.1M | 3.5M | 3.7M | |
| Total Stockholder Equity | 263.2K | 10.6M | 11.8M | 731K | 840.7K | 798.6K | |
| Net Debt | (2.4M) | (10.5M) | (11.8M) | (1.5M) | (1.4M) | (1.5M) | |
| Retained Earnings | (69.7M) | (111.2M) | (136.4M) | (151.4M) | (136.2M) | (129.4M) | |
| Accounts Payable | 2.0M | 2.2M | 3.3M | 2.8M | 3.2M | 3.4M | |
| Cash | 2.4M | 10.5M | 11.8M | 1.5M | 1.8M | 1.7M | |
| Cash And Short Term Investments | 2.4M | 10.5M | 11.8M | 1.5M | 1.8M | 1.7M | |
| Common Stock Total Equity | 23.0K | 3.8K | 8.6M | 33K | 38.0K | 36.1K | |
| Common Stock Shares Outstanding | 208.9K | 517.7K | 974K | 1.6M | 1.5M | 777.4K | |
| Liabilities And Stockholders Equity | 2.9M | 13.5M | 15.9M | 4.0M | 4.6M | 5.8M | |
| Non Current Liabilities Total | 2.0M | 182K | 163K | 166K | 149.4K | 141.9K | |
| Other Stockholder Equity | 65.1M | 106.8M | 135.5M | 141.4M | 162.7M | 170.8M | |
| Total Liab | 2.7M | 3.0M | 4.2M | 3.2M | 3.7M | 2.3M | |
| Total Current Assets | 2.9M | 11.8M | 13.3M | 3.3M | 3.8M | 5.4M | |
| Common Stock | 11.5K | 33K | 66K | 2K | 2.3K | 2.2K | |
| Net Receivables | 9.4K | 756K | 1.5M | 660K | 759K | 797.0K | |
| Other Current Liab | 663.9K | 561K | 721K | 298K | 342.7K | 310.2K | |
| Other Current Assets | 355.6K | 1.3M | 1.5M | 660K | 759K | 812.1K | |
| Net Tangible Assets | (4.5M) | (4.4M) | (759K) | (9.9M) | (8.9M) | (8.5M) | |
| Non Current Assets Total | 87.1K | 1.8M | 2.7M | 709K | 815.4K | 736.0K | |
| Net Invested Capital | (4.5M) | (4.4M) | (759K) | (9.9M) | (8.9M) | (8.5M) | |
| Net Working Capital | 176.2K | 9.0M | 9.3M | 188K | 169.2K | 160.7K | |
| Capital Stock | 4.8M | 15.0M | 12.6M | 10.6M | 12.2M | 10.6M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kintara Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Kintara Stock refer to our How to Trade Kintara Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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Is Kintara Therapeutics' 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 Kintara Therapeutics. If investors know Kintara 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 Kintara Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.22) | Return On Assets (1.13) | Return On Equity (3.29) |
The market value of Kintara Therapeutics is measured differently than its book value, which is the value of Kintara that is recorded on the company's balance sheet. Investors also form their own opinion of Kintara Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Kintara Therapeutics' 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 Kintara Therapeutics' market value can be influenced by many factors that don't directly affect Kintara Therapeutics' 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 Kintara Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kintara Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kintara Therapeutics' 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.