Fennec Accounts Payable vs Total Assets Analysis

FENC Stock

USD 6.78 0.07 1.02%

Fennec Pharmaceuticals financial indicator trend analysis is much more than just examining Fennec Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fennec Pharmaceuticals is a good investment. Please check the relationship between Fennec Pharmaceuticals Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fennec Pharmaceuticals. 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 Fennec Stock refer to our How to Trade Fennec Stock guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fennec Pharmaceuticals Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Fennec Pharmaceuticals' Accounts Payable and Total Assets is 0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Fennec Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Fennec Pharmaceuticals' Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Fennec Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Fennec Pharmaceuticals' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Fennec Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fennec Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Fennec Pharmaceuticals 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 Fennec Pharmaceuticals 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.

Most indicators from Fennec Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fennec 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fennec Pharmaceuticals. 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 Fennec Stock refer to our How to Trade Fennec Stock guide.At present, Fennec Pharmaceuticals' Enterprise Value is projected to increase significantly based on the last few years of reporting.

Fennec Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.43	-0.18	0.15	0.5	-0.19	0.62	0.34	-0.38	-0.69	0.6	0.95	0.03	0.27	0.48	0.51	0.96	0.3	0.77	-0.69	0.81	0.45	0.3	0.63	0.39	0.34
Short Long Term Debt Total	0.43		0.22	0.71	-0.53	-0.73	-0.39	0.63	0.65	-0.78	0.92	0.19	0.02	0.18	-0.15	0.98	0.2	0.9	0.68	-0.48	0.69	0.99	0.83	0.45	0.99	0.63
Other Current Liab	-0.18	0.22		0.8	-0.5	-0.02	-0.46	0.27	0.36	-0.13	0.06	-0.27	-0.25	-0.13	-0.2	0.14	-0.27	0.2	-0.14	0.46	-0.11	0.17	0.14	0.12	0.31	0.27
Total Current Liabilities	0.15	0.71	0.8		-0.58	-0.43	-0.45	0.57	0.57	-0.53	0.63	-0.03	-0.15	0.01	-0.16	0.67	-0.02	0.7	0.33	0.06	0.35	0.68	0.65	0.28	0.78	0.57
Total Stockholder Equity	0.5	-0.53	-0.5	-0.58		0.55	0.97	-0.17	-0.97	0.08	-0.29	0.7	-0.05	0.06	0.62	-0.45	0.69	-0.55	0.11	-0.26	0.12	-0.52	-0.47	0.13	-0.58	-0.17
Other Liab	-0.19	-0.73	-0.02	-0.43	0.55		0.47	0.05	-0.66	0.24	-0.7	0.01	-0.41	-0.15	0.23	-0.77	0.0	-0.7	-0.27	0.1	-0.28	-0.79	-0.66	0.15	-0.77	0.05
Net Tangible Assets	0.62	-0.39	-0.46	-0.45	0.97	0.47		-0.04	-0.92	-0.06	-0.11	0.77	-0.11	0.02	0.63	-0.3	0.77	-0.36	0.28	-0.35	0.26	-0.37	-0.28	0.21	-0.43	-0.04
Property Plant And Equipment Net	0.34	0.63	0.27	0.57	-0.17	0.05	-0.04		0.24	-0.82	0.57	0.24	-0.47	0.02	0.01	0.56	0.25	0.59	0.68	-0.54	0.68	0.55	0.53	0.72	0.57	1.0
Net Debt	-0.38	0.65	0.36	0.57	-0.97	-0.66	-0.92	0.24		-0.18	0.45	-0.61	0.05	-0.07	-0.6	0.59	-0.6	0.69	0.04	0.11	0.02	0.65	0.63	-0.09	0.68	0.24
Retained Earnings	-0.69	-0.78	-0.13	-0.53	0.08	0.24	-0.06	-0.82	-0.18		-0.77	-0.54	0.12	-0.31	-0.17	-0.78	-0.55	-0.62	-0.91	0.78	-0.95	-0.75	-0.57	-0.86	-0.73	-0.82
Accounts Payable	0.6	0.92	0.06	0.63	-0.29	-0.7	-0.11	0.57	0.45	-0.77		0.38	0.13	0.27	0.06	0.96	0.39	0.9	0.77	-0.56	0.79	0.93	0.88	0.42	0.91	0.57
Cash	0.95	0.19	-0.27	-0.03	0.7	0.01	0.77	0.24	-0.61	-0.54	0.38		0.05	0.29	0.58	0.28	1.0	0.04	0.65	-0.63	0.7	0.21	0.05	0.54	0.15	0.24
Non Current Assets Total	0.03	0.02	-0.25	-0.15	-0.05	-0.41	-0.11	-0.47	0.05	0.12	0.13	0.05		0.82	0.01	0.12	0.05	-0.12	-0.07	-0.02	0.01	0.09	-0.12	-0.2	0.04	-0.47
Non Currrent Assets Other	0.27	0.18	-0.13	0.01	0.06	-0.15	0.02	0.02	-0.07	-0.31	0.27	0.29	0.82		0.2	0.24	0.29	-0.07	0.27	-0.36	0.37	0.19	-0.11	0.33	0.15	0.02
Other Assets	0.48	-0.15	-0.2	-0.16	0.62	0.23	0.63	0.01	-0.6	-0.17	0.06	0.58	0.01	0.2		-0.08	0.57	-0.22	0.27	-0.3	0.28	-0.16	-0.18	0.23	-0.2	0.01
Long Term Debt	0.51	0.98	0.14	0.67	-0.45	-0.77	-0.3	0.56	0.59	-0.78	0.96	0.28	0.12	0.24	-0.08		0.29	0.9	0.73	-0.52	0.75	0.99	0.85	0.42	0.97	0.56
Cash And Short Term Investments	0.96	0.2	-0.27	-0.02	0.69	0.0	0.77	0.25	-0.6	-0.55	0.39	1.0	0.05	0.29	0.57	0.29		0.05	0.66	-0.64	0.7	0.22	0.06	0.54	0.16	0.25
Net Receivables	0.3	0.9	0.2	0.7	-0.55	-0.7	-0.36	0.59	0.69	-0.62	0.9	0.04	-0.12	-0.07	-0.22	0.9	0.05		0.59	-0.33	0.56	0.91	0.98	0.25	0.91	0.59
Common Stock Total Equity	0.77	0.68	-0.14	0.33	0.11	-0.27	0.28	0.68	0.04	-0.91	0.77	0.65	-0.07	0.27	0.27	0.73	0.66	0.59		-0.88	0.95	0.68	0.58	0.73	0.64	0.68
Retained Earnings Total Equity	-0.69	-0.48	0.46	0.06	-0.26	0.1	-0.35	-0.54	0.11	0.78	-0.56	-0.63	-0.02	-0.36	-0.3	-0.52	-0.64	-0.33	-0.88		-0.87	-0.48	-0.32	-0.73	-0.38	-0.54
Common Stock Shares Outstanding	0.81	0.69	-0.11	0.35	0.12	-0.28	0.26	0.68	0.02	-0.95	0.79	0.7	0.01	0.37	0.28	0.75	0.7	0.56	0.95	-0.87		0.7	0.55	0.77	0.65	0.68
Non Current Liabilities Total	0.45	0.99	0.17	0.68	-0.52	-0.79	-0.37	0.55	0.65	-0.75	0.93	0.21	0.09	0.19	-0.16	0.99	0.22	0.91	0.68	-0.48	0.7		0.84	0.39	0.99	0.55
Other Current Assets	0.3	0.83	0.14	0.65	-0.47	-0.66	-0.28	0.53	0.63	-0.57	0.88	0.05	-0.12	-0.11	-0.18	0.85	0.06	0.98	0.58	-0.32	0.55	0.84		0.19	0.85	0.53
Other Stockholder Equity	0.63	0.45	0.12	0.28	0.13	0.15	0.21	0.72	-0.09	-0.86	0.42	0.54	-0.2	0.33	0.23	0.42	0.54	0.25	0.73	-0.73	0.77	0.39	0.19		0.38	0.72
Total Liab	0.39	0.99	0.31	0.78	-0.58	-0.77	-0.43	0.57	0.68	-0.73	0.91	0.15	0.04	0.15	-0.2	0.97	0.16	0.91	0.64	-0.38	0.65	0.99	0.85	0.38		0.57
Property Plant And Equipment Gross	0.34	0.63	0.27	0.57	-0.17	0.05	-0.04	1.0	0.24	-0.82	0.57	0.24	-0.47	0.02	0.01	0.56	0.25	0.59	0.68	-0.54	0.68	0.55	0.53	0.72	0.57

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Fennec Pharmaceuticals Account Relationship Matchups

Fennec Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.1M	31.4M	22.4M	26.9M	26.7M	16.1M
Other Current Liab	659K	776K	877K	2.2M	3.8M	2.1M
Total Current Liabilities	2.3M	2.3M	1.7M	4.6M	7.5M	7.9M
Total Stockholder Equity	11.9M	29.1M	15.8M	(2.6M)	(11.6M)	(11.0M)
Net Tangible Assets	11.9M	29.1M	15.8M	(2.6M)	(3.0M)	(2.8M)
Net Debt	(13.7M)	(30.3M)	(16.1M)	1.1M	16.4M	17.2M
Retained Earnings	(144.0M)	(162.1M)	(179.5M)	(203.2M)	(218.1M)	(207.2M)
Accounts Payable	1.6M	1.6M	777K	2.4M	3.8M	3.9M
Cash	13.7M	30.3M	21.1M	23.8M	13.2M	11.0M
Other Assets	262K	1.1M	27K	211K	(0.3)	(0.28)
Cash And Short Term Investments	13.7M	30.3M	21.1M	23.8M	13.2M	11.7M
Retained Earnings Total Equity	(131.3M)	(144.0M)	(162.1M)	(179.5M)	(161.5M)	(153.5M)
Common Stock Shares Outstanding	19.9M	23.7M	26.0M	26.3M	26.6M	27.9M
Liabilities And Stockholders Equity	14.1M	31.4M	22.4M	26.9M	26.7M	16.1M
Non Current Liabilities Total	1.6M	1.6M	5.0M	24.9M	30.8M	32.3M
Other Current Assets	234K	276K	253K	63K	2.6M	2.7M
Other Stockholder Equity	48.3M	49.2M	53.2M	56.8M	61.8M	38.1M
Total Liab	2.3M	2.3M	6.6M	29.5M	38.3M	40.2M
Total Current Assets	13.9M	31.4M	22.4M	26.7M	26.7M	28.1M
Capital Surpluse	44.9M	48.3M	49.2M	53.2M	61.2M	49.4M
Net Invested Capital	11.9M	29.1M	20.8M	22.3M	19.3M	17.3M
Net Working Capital	11.6M	29.1M	20.7M	22.1M	19.3M	17.2M

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When determining whether Fennec Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fennec Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fennec Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fennec Pharmaceuticals Stock:

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Is Fennec Stock a good investment?

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What is Fennec Pharmaceuticals' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fennec Pharmaceuticals. 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 Fennec Stock refer to our How to Trade Fennec Stock guide.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Fennec Pharmaceuticals' price analysis, check to measure Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals is operating at the current time. Most of Fennec Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Fennec Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fennec Pharmaceuticals' price. Additionally, you may evaluate how the addition of Fennec Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.

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Is Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals. If investors know Fennec 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 Fennec Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.04

Revenue Per Share

1.684

Quarterly Revenue Growth

14.132

Return On Assets

0.0857

Return On Equity

(10.06)

The market value of Fennec Pharmaceuticals is measured differently than its book value, which is the value of Fennec that is recorded on the company's balance sheet. Investors also form their own opinion of Fennec Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' market value can be influenced by many factors that don't directly affect Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fennec Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fennec Pharmaceuticals' 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.

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Fennec Accounts Payable vs Total Assets Analysis

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Assets

Fennec Pharmaceuticals fundamental ratios Correlations

Fennec Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fennec Pharmaceuticals fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Long Term Debt
Total Liab	+ 0.99	Non Current Liabilities Total

Net Debt	- 0.97	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Net Debt	- 0.92	Net Tangible Assets
Common Stock Total Equity	- 0.91	Retained Earnings
Retained Earnings Total Equity	- 0.88	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.87	Retained Earnings Total Equity