Lixte Other Current Liab vs Total Current Liabilities Analysis

LIXT Stock  USD 2.77  0.02  0.72%   
Lixte Biotechnology financial indicator trend analysis is infinitely more than just investigating Lixte Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lixte Biotechnology is a good investment. Please check the relationship between Lixte Biotechnology Other Current Liab and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixte Biotechnology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lixte Biotechnology Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lixte Biotechnology's Other Current Liab and Total Current Liabilities is 0.46. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lixte Biotechnology Holdings, assuming nothing else is changed. The correlation between historical values of Lixte Biotechnology's Other Current Liab 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 Other Current Liab of Lixte Biotechnology Holdings 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 Other Current Liab i.e., Lixte Biotechnology's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Lixte Biotechnology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lixte Biotechnology Holdings 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 Lixte Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lixte Biotechnology 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 Lixte Biotechnology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Issuance Of Capital Stock is likely to gain to about 3.9 M in 2024, whereas Selling General Administrative is likely to drop 3,983 in 2024.

Lixte Biotechnology fundamental ratios Correlations

0.650.240.96-0.97-0.760.950.96-0.280.760.241.0-0.3-0.320.460.81-0.560.73-0.11-0.83-0.660.40.350.580.720.95
0.650.460.63-0.63-0.720.630.640.030.70.460.65-0.19-0.30.410.68-0.350.54-0.23-0.7-0.470.420.720.370.550.66
0.240.460.21-0.22-0.450.220.230.180.431.00.240.13-0.790.660.33-0.130.26-0.12-0.22-0.010.710.480.040.20.16
0.960.630.21-1.0-0.841.01.0-0.310.860.210.96-0.4-0.30.420.8-0.560.83-0.35-0.88-0.710.320.340.640.730.98
-0.97-0.63-0.22-1.00.83-1.0-1.00.31-0.85-0.22-0.970.380.3-0.43-0.790.6-0.810.320.860.72-0.33-0.34-0.63-0.75-0.97
-0.76-0.72-0.45-0.840.83-0.84-0.840.35-0.99-0.45-0.750.380.48-0.51-0.730.3-0.860.590.910.71-0.55-0.69-0.41-0.79-0.81
0.950.630.221.0-1.0-0.841.0-0.310.860.220.95-0.39-0.30.430.78-0.60.82-0.36-0.86-0.720.320.330.630.750.97
0.960.640.231.0-1.0-0.841.0-0.280.860.230.96-0.4-0.310.440.79-0.590.83-0.36-0.86-0.710.330.330.650.740.98
-0.280.030.18-0.310.310.35-0.31-0.28-0.330.18-0.28-0.010.010.04-0.18-0.17-0.20.10.410.37-0.03-0.310.04-0.35-0.25
0.760.70.430.86-0.85-0.990.860.86-0.330.430.76-0.44-0.460.460.74-0.340.89-0.64-0.89-0.680.510.650.490.750.83
0.240.461.00.21-0.22-0.450.220.230.180.430.240.13-0.790.660.33-0.130.26-0.12-0.22-0.010.710.480.040.20.16
1.00.650.240.96-0.97-0.750.950.96-0.280.760.24-0.29-0.320.460.81-0.560.73-0.1-0.83-0.660.390.340.580.720.95
-0.3-0.190.13-0.40.380.38-0.39-0.4-0.01-0.440.13-0.29-0.350.16-0.610.42-0.770.510.30.180.19-0.21-0.66-0.11-0.45
-0.32-0.3-0.79-0.30.30.48-0.3-0.310.01-0.46-0.79-0.32-0.35-0.55-0.17-0.08-0.20.120.320.11-0.87-0.290.03-0.33-0.24
0.460.410.660.42-0.43-0.510.430.440.040.460.660.460.16-0.550.4-0.180.310.0-0.51-0.540.440.29-0.130.610.41
0.810.680.330.8-0.79-0.730.780.79-0.180.740.330.81-0.61-0.170.4-0.490.85-0.16-0.73-0.50.240.510.580.530.83
-0.56-0.35-0.13-0.560.60.3-0.6-0.59-0.17-0.34-0.13-0.560.42-0.08-0.18-0.49-0.480.140.270.370.00.06-0.57-0.34-0.54
0.730.540.260.83-0.81-0.860.820.83-0.20.890.260.73-0.77-0.20.310.85-0.48-0.6-0.78-0.560.290.480.670.580.84
-0.11-0.23-0.12-0.350.320.59-0.36-0.360.1-0.64-0.12-0.10.510.120.0-0.160.14-0.60.370.3-0.14-0.3-0.38-0.28-0.3
-0.83-0.7-0.22-0.880.860.91-0.86-0.860.41-0.89-0.22-0.830.30.32-0.51-0.730.27-0.780.370.8-0.36-0.62-0.35-0.83-0.88
-0.66-0.47-0.01-0.710.720.71-0.72-0.710.37-0.68-0.01-0.660.180.11-0.54-0.50.37-0.560.30.8-0.16-0.3-0.05-0.96-0.7
0.40.420.710.32-0.33-0.550.320.33-0.030.510.710.390.19-0.870.440.240.00.29-0.14-0.36-0.160.460.050.430.28
0.350.720.480.34-0.34-0.690.330.33-0.310.650.480.34-0.21-0.290.290.510.060.48-0.3-0.62-0.30.460.060.410.35
0.580.370.040.64-0.63-0.410.630.650.040.490.040.58-0.660.03-0.130.58-0.570.67-0.38-0.35-0.050.050.060.060.66
0.720.550.20.73-0.75-0.790.750.74-0.350.750.20.72-0.11-0.330.610.53-0.340.58-0.28-0.83-0.960.430.410.060.71
0.950.660.160.98-0.97-0.810.970.98-0.250.830.160.95-0.45-0.240.410.83-0.540.84-0.3-0.88-0.70.280.350.660.71
Click cells to compare fundamentals

Lixte Biotechnology Account Relationship Matchups

Lixte Biotechnology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M5.2M5.1M5.6M4.3M2.2M
Other Current Liab237.9K10.5K302.9K394.8K313.9K171.6K
Total Current Liabilities237.9K216.5K302.9K394.8K313.9K290.7K
Total Stockholder Equity2.4M5.0M4.8M5.2M4.0M4.2M
Net Debt(2.6M)(5.1M)(4.8M)(5.4M)(4.2M)(4.0M)
Retained Earnings(27.1M)(30.4M)(37.1M)(43.4M)(48.5M)(46.1M)
Cash2.6M5.1M4.8M5.4M4.2M4.4M
Cash And Short Term Investments2.6M5.1M4.8M5.4M4.2M4.4M
Common Stock Shares Outstanding1.1M1.1M1.3M158.2K1.9M1.8M
Liabilities And Stockholders Equity2.7M5.2M5.1M5.6M4.3M2.2M
Other Stockholder Equity26.0M31.9M38.4M45.1M49.0M51.4M
Total Liab237.9K216.5K302.9K394.8K313.9K290.7K
Total Current Assets2.7M5.2M5.1M5.6M4.2M2.2M
Accounts Payable143.5K190.3K226.0K229.8K156.8K169.4K
Other Current Assets58.8K15K10.2K10.4K27.1K54.0K
Short Term Debt(210.9K)(237.9K)(302.9K)(394.8K)(313.9K)(298.2K)
Current Deferred Revenue94.3K15.8K77.0K165.0K157.1K81.5K
Net Tangible Assets625.8K(1.1M)1.5M1.3M1.5M1.6M
Net Invested Capital(1.1M)1.5M1.3M1.7M494.8K317K
Net Working Capital2.4M5.0M4.8M5.2M4.0M4.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lixte Biotechnology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lixte Biotechnology's short interest history, or implied volatility extrapolated from Lixte Biotechnology options trading.

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When determining whether Lixte Biotechnology is a strong investment it is important to analyze Lixte Biotechnology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lixte Biotechnology's future performance. For an informed investment choice regarding Lixte Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixte Biotechnology Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is Lixte Biotechnology'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 Lixte Biotechnology. If investors know Lixte 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 Lixte Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.66)
Return On Assets
(0.64)
Return On Equity
(1.11)
The market value of Lixte Biotechnology is measured differently than its book value, which is the value of Lixte that is recorded on the company's balance sheet. Investors also form their own opinion of Lixte Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Lixte Biotechnology'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 Lixte Biotechnology's market value can be influenced by many factors that don't directly affect Lixte Biotechnology'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 Lixte Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lixte Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lixte Biotechnology'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.