ANI Total Current Liabilities vs Cash Analysis
ANIP Stock | USD 66.74 2.08 3.02% |
ANI Pharmaceuticals financial indicator trend analysis is way more than just evaluating ANI Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANI Pharmaceuticals is a good investment. Please check the relationship between ANI Pharmaceuticals Total Current Liabilities and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANI Pharmaceuticals Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ANI Pharmaceuticals' Total Current Liabilities and Cash is 0.43. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of ANI Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of ANI Pharmaceuticals' Total Current Liabilities and Cash 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 ANI Pharmaceuticals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., ANI Pharmaceuticals' Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on ANI Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ANI Pharmaceuticals 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
Cash refers to the most liquid asset of ANI Pharmaceuticals, which is listed under current asset account on ANI Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ANI Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different ANI Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from ANI Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANI Pharmaceuticals 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 ANI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.As of 06/08/2024, Selling General Administrative is likely to grow to about 157.9 M, while Discontinued Operations is likely to drop slightly above 156 K.
ANI Pharmaceuticals fundamental ratios Correlations
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ANI Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ANI Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 456.8M | 461.2M | 771.6M | 760.1M | 904.4M | 949.6M | |
Other Current Liab | 36.7M | 54.0M | 63.6M | 69.3M | 99.8M | 104.8M | |
Total Current Liabilities | 61.7M | 78.6M | 87.5M | 99.4M | 145.5M | 152.8M | |
Total Stockholder Equity | 212.8M | 195.7M | 358.7M | 338.5M | 432.7M | 454.4M | |
Property Plant And Equipment Net | 40.6M | 41.3M | 52.7M | 43.2M | 44.6M | 46.8M | |
Net Debt | 123.4M | 177.8M | 187.1M | 238.3M | 94.2M | 98.9M | |
Retained Earnings | 17.6M | (5.0M) | (47.8M) | (97.3M) | (80.1M) | (84.1M) | |
Accounts Payable | 14.6M | 11.3M | 23.0M | 29.3M | 36.7M | 38.5M | |
Cash | 62.3M | 7.9M | 100.3M | 48.2M | 221.1M | 232.2M | |
Non Current Assets Total | 269.1M | 290.9M | 449.8M | 415.8M | 384.8M | 404.0M | |
Cash And Short Term Investments | 62.3M | 7.9M | 100.3M | 48.2M | 221.1M | 232.2M | |
Common Stock Shares Outstanding | 12.0M | 12.0M | 12.6M | 16.3M | 18.2M | 19.1M | |
Liabilities And Stockholders Equity | 456.8M | 461.2M | 771.6M | 760.1M | 904.4M | 949.6M | |
Other Current Assets | 5.1M | 5.9M | 11.3M | 8.4M | 25.2M | 26.5M | |
Total Liab | 244.0M | 265.5M | 412.9M | 421.5M | 471.7M | 495.3M | |
Property Plant And Equipment Gross | 40.6M | 41.3M | 75.6M | 76.0M | 77.5M | 81.4M | |
Total Current Assets | 187.7M | 170.3M | 321.8M | 344.3M | 519.6M | 545.6M | |
Other Stockholder Equity | 200.1M | 212.1M | 384.7M | 398.8M | 479.2M | 503.1M | |
Accumulated Other Comprehensive Income | (4.9M) | (11.4M) | (3.1M) | 12.2M | 8.9M | 9.3M | |
Short Long Term Debt Total | 185.7M | 185.7M | 287.4M | 286.5M | 315.3M | 331.1M | |
Short Term Debt | 115.7M | 9.9M | 13.2M | 850K | 977.5K | 928.6K | |
Current Deferred Revenue | 451K | 80K | 87K | 8.2M | 9.4M | 9.9M | |
Non Currrent Assets Other | 1.2M | 802K | 2.2M | 2.6M | 6.1M | 6.4M | |
Non Current Liabilities Total | 182.3M | 186.9M | 325.3M | 322.1M | 326.2M | 342.5M | |
Net Receivables | 72.1M | 95.8M | 128.5M | 165.4M | 162.1M | 170.2M | |
Net Tangible Assets | 28.8M | 3.6M | 36.7M | 58.7M | 52.8M | 55.5M | |
Other Assets | 44.6M | 57.5M | 75.1M | 92.7M | 106.6M | 112.0M | |
Long Term Debt | 175.8M | 172.4M | 286.5M | 285.7M | 284.8M | 149.2M | |
Retained Earnings Total Equity | 17.6M | (5.0M) | (47.8M) | (97.3M) | (111.9M) | (117.5M) | |
Inventory | 48.2M | 60.8M | 81.7M | 105.4M | 111.2M | 116.8M | |
Deferred Long Term Liab | 1.5M | 800K | 500K | 600K | 690K | 458.1K | |
Intangible Assets | 180.4M | 188.5M | 294.1M | 251.6M | 209.0M | 156.5M | |
Property Plant Equipment | 40.6M | 41.3M | 52.7M | 43.2M | 49.7M | 52.2M | |
Capital Surpluse | 200.8M | 214.4M | 387.8M | 403.9M | 464.5M | 237.5M | |
Other Liab | 7K | 201K | 31.0M | 35.1M | 40.3M | 42.3M |
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