NuCana Common Stock Total Equity vs Cash And Short Term Investments Analysis
NCNA Stock | USD 3.80 0.02 0.53% |
NuCana PLC financial indicator trend analysis is infinitely more than just investigating NuCana PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NuCana PLC is a good investment. Please check the relationship between NuCana PLC Common Stock Total Equity 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 NuCana PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.
Common Stock Total Equity vs Cash And Short Term Investments
Common Stock Total Equity 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 NuCana PLC Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between NuCana PLC's Common Stock Total Equity and Cash And Short Term Investments is 0.29. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of NuCana PLC, assuming nothing else is changed. The correlation between historical values of NuCana PLC's Common Stock Total Equity 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 Common Stock Total Equity of NuCana PLC 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 Common Stock Total Equity i.e., NuCana PLC's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of NuCana PLC balance sheet. This account contains NuCana PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NuCana PLC 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 NuCana PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NuCana PLC 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 NuCana PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.As of May 16, 2024, Selling General Administrative is expected to decline to about 5.5 M. In addition to that, Tax Provision is expected to decline to about (4.6 M)
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 942K | 732K | 575K | 694.9K | Net Interest Income | 103K | 669K | 754K | 601.8K |
NuCana PLC fundamental ratios Correlations
Click cells to compare fundamentals
NuCana PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NuCana PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.3M | 107.8M | 77.5M | 58.3M | 27.8M | 26.4M | |
Other Current Liab | 3.5M | 5.6M | 9.7M | 14.3M | 9.1M | 5.4M | |
Total Current Liabilities | 6.2M | 8.1M | 11.7M | 19.3M | 12.7M | 7.9M | |
Total Stockholder Equity | 63.5M | 99.2M | 65.5M | 38.5M | 14.9M | 14.1M | |
Net Tangible Assets | 59.6M | 94.5M | 63.1M | 36.1M | 41.6M | 66.3M | |
Retained Earnings | (80.1M) | (110.6M) | (149.7M) | (180.6M) | (207.7M) | (197.3M) | |
Accounts Payable | 2.4M | 2.3M | 1.8M | 4.8M | 3.4M | 2.2M | |
Cash | 52.0M | 87.4M | 60.3M | 41.9M | 17.2M | 16.4M | |
Other Assets | 46K | 44K | 2.6M | 103K | 118.5K | 112.5K | |
Net Receivables | 13.2M | 14.5M | 11.3M | 10.3M | 5.8M | 8.2M | |
Common Stock Total Equity | 1.3M | 1.3M | 1.3M | 2.0M | 2.4M | 2.5M | |
Inventory | (1.8M) | (13.2K) | (14.5K) | (11.3K) | (13.1K) | (13.7K) | |
Other Current Assets | 13.2K | 14.5K | 11.3K | 2.7M | 2.4M | 2.0M | |
Other Stockholder Equity | 143.6M | 207.8K | 213.2K | 217.0K | 141.3M | 148.4M | |
Total Liab | 6.7M | 8.6M | 11.9M | 19.8M | 12.9M | 8.1M | |
Total Current Assets | 65.2M | 101.8M | 71.6M | 54.9M | 25.0M | 23.8M | |
Accumulated Other Comprehensive Income | 62.7M | 66.9M | 72.1M | 75.9M | 79.2M | 53.0M | |
Short Term Debt | 268K | 278K | 207K | 243K | 206K | 132.2K | |
Intangible Assets | 4.0M | 4.8M | 2.4M | 2.4M | 2.1M | 2.6M | |
Common Stock | 80.8M | 2.0M | 2.1M | 2.1M | 2.1M | 2.0M | |
Property Plant Equipment | 1.1M | 1.2M | 851K | 866K | 995.9K | 594.5K | |
Property Plant And Equipment Net | 1.1M | 1.2M | 851K | 866K | 521K | 654.3K | |
Net Debt | (51.2M) | (86.7M) | (59.9M) | (41.3M) | (16.8M) | (17.7M) | |
Non Current Assets Total | 5.1M | 6.0M | 5.9M | 3.3M | 2.8M | 3.8M | |
Non Currrent Assets Other | (5.1K) | (5.9K) | 2.5M | (3.2K) | (3.7K) | (3.5K) | |
Cash And Short Term Investments | 52.0M | 87.4M | 60.3M | 41.9M | 17.2M | 16.4M | |
Common Stock Shares Outstanding | 32.3M | 37.9M | 52.0M | 52.2M | 52.7M | 42.4M | |
Liabilities And Stockholders Equity | 70.3M | 107.8M | 77.5M | 58.3M | 27.8M | 26.4M | |
Non Current Liabilities Total | 564K | 413K | 210K | 442K | 248K | 234.8K | |
Capital Lease Obligations | 806K | 645K | 371K | 639K | 396K | 349.2K | |
Property Plant And Equipment Gross | 1.6M | 1.2M | 2.2M | 2.3M | 2.3M | 1.2M | |
Short Long Term Debt Total | 806K | 645K | 371K | 639K | 396K | 392.8K | |
Net Invested Capital | 63.5M | 99.2M | 65.5M | 38.5M | 14.9M | 14.1M | |
Net Working Capital | 59.0M | 93.7M | 59.9M | 35.6M | 12.3M | 11.7M | |
Capital Stock | 1.3M | 2.0M | 2.1M | 143.2M | 2.1M | 2.0M |
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 NuCana PLC 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, NuCana PLC's short interest history, or implied volatility extrapolated from NuCana PLC options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuCana PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for NuCana Stock analysis
When running NuCana PLC's price analysis, check to measure NuCana PLC'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 NuCana PLC is operating at the current time. Most of NuCana PLC's value examination focuses on studying past and present price action to predict the probability of NuCana PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuCana PLC's price. Additionally, you may evaluate how the addition of NuCana PLC to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is NuCana PLC'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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (16.59) | Return On Assets (0.45) | Return On Equity (1.04) |
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC'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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC'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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC'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.