GTBP Accounts Payable vs Retained Earnings Analysis

GTBP Stock  USD 3.75  0.11  2.85%   
GT Biopharma financial indicator trend analysis is much more than just examining GT Biopharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GT Biopharma is a good investment. Please check the relationship between GT Biopharma Accounts Payable and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GT Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GT Biopharma Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between GT Biopharma's Accounts Payable and Retained Earnings is -0.73. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of GT Biopharma, assuming nothing else is changed. The correlation between historical values of GT Biopharma's Accounts Payable and Retained Earnings 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 GT Biopharma are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., GT Biopharma's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents GT Biopharma 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 GT Biopharma 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from GT Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GT Biopharma 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GT Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.At this time, GT Biopharma's Selling General Administrative is relatively stable compared to the past year. As of 05/31/2024, Issuance Of Capital Stock is likely to grow to about 10.2 M, while Sales General And Administrative To Revenue is likely to drop 2.17.
 2023 2024 (projected)
Total Operating Expenses13.6M10.7M
Cost Of Revenue3.6K3.4K

GT Biopharma fundamental ratios Correlations

-0.14-0.220.97-0.15-0.21-0.030.15-0.010.99-0.06-0.02-0.16-0.06-0.07-0.180.26-0.22-0.15-0.03-0.13-0.1-0.23-0.22-0.11-0.31
-0.140.83-0.32-0.150.220.19-0.22-0.21-0.11-0.14-0.19-0.16-0.13-0.09-0.21-0.260.83-0.15-0.19-0.19-0.10.150.13-0.12-0.23
-0.220.83-0.43-0.290.64-0.01-0.14-0.03-0.19-0.24-0.18-0.34-0.26-0.20.22-0.11.0-0.29-0.18-0.340.390.660.64-0.25-0.04
0.97-0.32-0.43-0.07-0.34-0.030.170.00.960.00.02-0.070.0-0.02-0.220.27-0.43-0.070.01-0.05-0.18-0.36-0.35-0.04-0.28
-0.15-0.15-0.29-0.07-0.25-0.16-0.10.15-0.160.710.10.560.690.690.130.14-0.291.00.120.46-0.09-0.19-0.190.670.64
-0.210.220.64-0.34-0.250.04-0.43-0.32-0.12-0.19-0.57-0.24-0.21-0.170.38-0.120.63-0.25-0.58-0.410.590.940.94-0.20.03
-0.030.19-0.01-0.03-0.160.04-0.73-0.560.070.27-0.690.520.280.3-0.55-0.97-0.01-0.16-0.680.37-0.41-0.15-0.160.37-0.54
0.15-0.22-0.140.17-0.1-0.43-0.730.710.02-0.230.93-0.41-0.24-0.250.330.75-0.14-0.10.93-0.070.16-0.21-0.2-0.30.27
-0.01-0.21-0.030.00.15-0.32-0.560.71-0.130.070.83-0.080.050.060.560.52-0.030.150.840.240.430.030.030.020.55
0.99-0.11-0.190.96-0.16-0.120.070.02-0.13-0.05-0.17-0.13-0.06-0.06-0.230.17-0.19-0.16-0.17-0.15-0.11-0.18-0.17-0.09-0.37
-0.06-0.14-0.240.00.71-0.190.27-0.230.07-0.05-0.070.921.00.990.1-0.26-0.240.71-0.040.86-0.09-0.14-0.140.990.49
-0.02-0.19-0.180.020.1-0.57-0.690.930.83-0.17-0.07-0.22-0.07-0.090.320.67-0.180.11.00.110.1-0.31-0.3-0.120.4
-0.16-0.16-0.34-0.070.56-0.240.52-0.41-0.08-0.130.92-0.220.920.92-0.06-0.52-0.340.56-0.190.9-0.2-0.25-0.260.960.28
-0.06-0.13-0.260.00.69-0.210.28-0.240.05-0.061.0-0.070.920.990.04-0.27-0.260.69-0.050.86-0.15-0.17-0.180.990.47
-0.07-0.09-0.2-0.020.69-0.170.3-0.250.06-0.060.99-0.090.920.990.08-0.29-0.20.69-0.060.86-0.1-0.12-0.130.980.46
-0.18-0.210.22-0.220.130.38-0.550.330.56-0.230.10.32-0.060.040.080.460.220.130.330.070.940.610.610.040.64
0.26-0.26-0.10.270.14-0.12-0.970.750.520.17-0.260.67-0.52-0.27-0.290.46-0.10.140.66-0.380.330.040.06-0.360.43
-0.220.831.0-0.43-0.290.63-0.01-0.14-0.03-0.19-0.24-0.18-0.34-0.26-0.20.22-0.1-0.29-0.18-0.340.380.650.64-0.25-0.04
-0.15-0.15-0.29-0.071.0-0.25-0.16-0.10.15-0.160.710.10.560.690.690.130.14-0.290.120.46-0.09-0.19-0.190.670.64
-0.03-0.19-0.180.010.12-0.58-0.680.930.84-0.17-0.041.0-0.19-0.05-0.060.330.66-0.180.120.130.11-0.31-0.3-0.090.42
-0.13-0.19-0.34-0.050.46-0.410.37-0.070.24-0.150.860.110.90.860.860.07-0.38-0.340.460.13-0.12-0.31-0.310.880.38
-0.1-0.10.39-0.18-0.090.59-0.410.160.43-0.11-0.090.1-0.2-0.15-0.10.940.330.38-0.090.11-0.120.780.78-0.130.42
-0.230.150.66-0.36-0.190.94-0.15-0.210.03-0.18-0.14-0.31-0.25-0.17-0.120.610.040.65-0.19-0.31-0.310.781.0-0.170.25
-0.220.130.64-0.35-0.190.94-0.16-0.20.03-0.17-0.14-0.3-0.26-0.18-0.130.610.060.64-0.19-0.3-0.310.781.0-0.180.25
-0.11-0.12-0.25-0.040.67-0.20.37-0.30.02-0.090.99-0.120.960.990.980.04-0.36-0.250.67-0.090.88-0.13-0.17-0.180.42
-0.31-0.23-0.04-0.280.640.03-0.540.270.55-0.370.490.40.280.470.460.640.43-0.040.640.420.380.420.250.250.42
Click cells to compare fundamentals

GT Biopharma Account Relationship Matchups

GT Biopharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396K5.7M32.2M16.7M14.1M13.2M
Other Current Liab4.4M383K138K1.7M2.2M2.3M
Total Current Liabilities19.7M35.1M10.3M4.9M6.6M6.9M
Total Stockholder Equity(19.1M)(29.3M)21.9M11.7M7.5M7.1M
Property Plant And Equipment Net35K110K0.0165K53K50.4K
Net Debt13.3M21.0M(8.9M)(5.5M)(1.0M)(970.0K)
Retained Earnings(567.3M)(595.6M)(653.6M)(674.5M)(682.1M)(648.0M)
Accounts Payable1.9M2.2M8.2M3.1M4.3M4.5M
Cash28K5.3M9.0M5.7M1.1M1.2M
Non Current Assets Total25.3M122K0.0174K53K50.4K
Cash And Short Term Investments28K5.3M32.0M16.5M14.0M14.7M
Common Stock Total Equity50K51K70K52K46.8K44.5K
Common Stock Shares Outstanding112.8K146.2K938.5K1.1M1.3M1.3M
Liabilities And Stockholders Equity396K5.7M32.2M16.7M14.1M13.2M
Other Current Assets246K364K190K54K84K79.8K
Other Stockholder Equity548.1M566.3M673.2M686.2M689.5M724.0M
Total Liab19.7M35.1M10.3M5.0M6.6M7.1M
Property Plant And Equipment Gross35K110K0.0165K53K50.4K
Total Current Assets274K5.7M32.2M16.6M14.1M14.8M
Common Stock70K52K1.1M33K1K950.0
Short Long Term Debt Total10.8M13.4M26.3M174K58K55.1K
Short Term Debt10.8M13.4M26.3M110K58K55.1K
Net Tangible Assets(13.7M)(19.1M)(29.3M)21.9M25.2M26.5M
Short Long Term Debt31K10.8M13.2M26.3M35.7K33.9K
Net Invested Capital(5.9M)(2.9M)21.9M11.7M7.5M7.1M
Net Working Capital(19.4M)(29.4M)21.9M11.6M7.4M7.8M
Capital Stock73K55K1.1M34K2K1.9K

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When determining whether GT Biopharma is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GTBP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Gt Biopharma Stock. Highlighted below are key reports to facilitate an investment decision about Gt Biopharma Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GT Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in GTBP Stock, please use our How to Invest in GT Biopharma guide.
Note that the GT Biopharma information on this page should be used as a complementary analysis to other GT Biopharma's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running GT Biopharma's price analysis, check to measure GT Biopharma'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 GT Biopharma is operating at the current time. Most of GT Biopharma's value examination focuses on studying past and present price action to predict the probability of GT Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GT Biopharma's price. Additionally, you may evaluate how the addition of GT Biopharma to your portfolios can decrease your overall portfolio volatility.
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Is GT Biopharma'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 GT Biopharma. If investors know GTBP 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 GT Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.45)
Return On Assets
(0.54)
Return On Equity
(1.05)
The market value of GT Biopharma is measured differently than its book value, which is the value of GTBP that is recorded on the company's balance sheet. Investors also form their own opinion of GT Biopharma's value that differs from its market value or its book value, called intrinsic value, which is GT Biopharma'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 GT Biopharma's market value can be influenced by many factors that don't directly affect GT Biopharma'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 GT Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if GT Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GT Biopharma'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.