Oncternal Accounts Payable vs Capital Surpluse Analysis

ONCT Stock  USD 9.21  0.11  1.21%   
Oncternal Therapeutics financial indicator trend analysis is much more than just breaking down Oncternal Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oncternal Therapeutics is a good investment. Please check the relationship between Oncternal Therapeutics Accounts Payable and its Capital Surpluse accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncternal Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Oncternal Stock please use our How to Invest in Oncternal Therapeutics guide.

Accounts Payable vs Capital Surpluse

Accounts Payable vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oncternal Therapeutics Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Oncternal Therapeutics' Accounts Payable and Capital Surpluse is 0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Oncternal Therapeutics, assuming nothing else is changed. The correlation between historical values of Oncternal Therapeutics' Accounts Payable and Capital Surpluse 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 Oncternal Therapeutics are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Oncternal Therapeutics' Accounts Payable and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Oncternal Therapeutics 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 Oncternal Therapeutics 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.

Capital Surpluse

Most indicators from Oncternal Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oncternal Therapeutics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncternal Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Oncternal Stock please use our How to Invest in Oncternal Therapeutics guide.Sales General And Administrative To Revenue is likely to gain to 16.78 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.5 M in 2024.
 2010 2023 2024 (projected)
Reconciled Depreciation47K41.4K37.2K
Discontinued Operations13.9M12.5M11.1M

Oncternal Therapeutics fundamental ratios Correlations

-0.47-0.880.250.88-0.041.00.13-0.32-0.021.0-0.03-0.02-0.120.240.330.18-0.380.22-0.120.160.07-0.01-0.36-0.46-0.33
-0.470.49-0.5-0.49-0.29-0.47-0.160.70.09-0.470.120.080.35-0.28-0.3-0.02-0.04-0.40.35-0.09-0.58-0.030.280.160.15
-0.880.49-0.29-1.00.17-0.890.140.390.16-0.880.190.140.02-0.17-0.34-0.020.22-0.080.02-0.14-0.180.190.610.390.17
0.25-0.5-0.290.30.710.25-0.28-0.97-0.390.24-0.4-0.40.29-0.180.68-0.290.47-0.340.29-0.380.860.46-0.22-0.530.34
0.88-0.49-1.00.3-0.170.89-0.14-0.39-0.160.88-0.19-0.14-0.030.170.340.02-0.220.08-0.030.140.18-0.19-0.61-0.39-0.17
-0.04-0.290.170.71-0.17-0.050.19-0.64-0.4-0.05-0.37-0.420.230.110.38-0.350.54-0.080.23-0.550.70.690.18-0.430.36
1.0-0.47-0.890.250.89-0.050.1-0.33-0.021.0-0.03-0.01-0.110.230.330.18-0.360.2-0.110.170.08-0.03-0.38-0.46-0.32
0.13-0.160.14-0.28-0.140.190.10.21-0.020.13-0.02-0.04-0.530.63-0.440.03-0.430.76-0.53-0.2-0.320.040.590.11-0.56
-0.320.70.39-0.97-0.39-0.64-0.330.210.35-0.320.370.35-0.150.08-0.650.24-0.410.17-0.150.29-0.88-0.380.280.47-0.25
-0.020.090.16-0.39-0.16-0.4-0.02-0.020.35-0.020.991.0-0.32-0.39-0.30.89-0.260.1-0.320.87-0.44-0.310.170.35-0.22
1.0-0.47-0.880.240.88-0.051.00.13-0.32-0.02-0.03-0.01-0.120.240.320.18-0.380.23-0.120.160.07-0.02-0.36-0.45-0.33
-0.030.120.19-0.4-0.19-0.37-0.03-0.020.370.99-0.030.99-0.28-0.43-0.310.9-0.220.07-0.280.87-0.45-0.260.180.32-0.17
-0.020.080.14-0.4-0.14-0.42-0.01-0.040.351.0-0.010.99-0.33-0.38-0.30.88-0.260.11-0.330.88-0.44-0.340.140.37-0.21
-0.120.350.020.29-0.030.23-0.11-0.53-0.15-0.32-0.12-0.28-0.33-0.250.62-0.230.61-0.521.0-0.20.380.65-0.5-0.550.83
0.24-0.28-0.17-0.180.170.110.230.630.08-0.390.24-0.43-0.38-0.25-0.04-0.4-0.250.64-0.25-0.340.020.01-0.03-0.07-0.32
0.33-0.3-0.340.680.340.380.33-0.44-0.65-0.30.32-0.31-0.30.62-0.04-0.130.29-0.30.62-0.120.730.63-0.57-0.70.4
0.18-0.02-0.02-0.290.02-0.350.180.030.240.890.180.90.88-0.23-0.4-0.13-0.330.06-0.230.9-0.38-0.140.110.09-0.25
-0.38-0.040.220.47-0.220.54-0.36-0.43-0.41-0.26-0.38-0.22-0.260.61-0.250.29-0.33-0.430.61-0.260.650.45-0.34-0.270.93
0.22-0.4-0.08-0.340.08-0.080.20.760.170.10.230.070.11-0.520.64-0.30.06-0.43-0.520.09-0.23-0.090.150.25-0.5
-0.120.350.020.29-0.030.23-0.11-0.53-0.15-0.32-0.12-0.28-0.331.0-0.250.62-0.230.61-0.52-0.20.380.65-0.5-0.550.83
0.16-0.09-0.14-0.380.14-0.550.17-0.20.290.870.160.870.88-0.2-0.34-0.120.9-0.260.09-0.2-0.33-0.33-0.20.22-0.15
0.07-0.58-0.180.860.180.70.08-0.32-0.88-0.440.07-0.45-0.440.380.020.73-0.380.65-0.230.38-0.330.52-0.43-0.530.52
-0.01-0.030.190.46-0.190.69-0.030.04-0.38-0.31-0.02-0.26-0.340.650.010.63-0.140.45-0.090.65-0.330.52-0.03-0.550.53
-0.360.280.61-0.22-0.610.18-0.380.590.280.17-0.360.180.14-0.5-0.03-0.570.11-0.340.15-0.5-0.2-0.43-0.030.45-0.47
-0.460.160.39-0.53-0.39-0.43-0.460.110.470.35-0.450.320.37-0.55-0.07-0.70.09-0.270.25-0.550.22-0.53-0.550.45-0.31
-0.330.150.170.34-0.170.36-0.32-0.56-0.25-0.22-0.33-0.17-0.210.83-0.320.4-0.250.93-0.50.83-0.150.520.53-0.47-0.31
Click cells to compare fundamentals

Oncternal Therapeutics Account Relationship Matchups

Oncternal Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.7M118.8M93.6M68.7M36.7M61.3M
Total Stockholder Equity14.3M(82.8M)(114.1M)(158.3M)30.1M31.6M
Net Debt(19.9M)(116.7M)(90.7M)(37.1M)(6.4M)(6.7M)
Retained Earnings(65.6M)(82.8M)(114.1M)(158.3M)(197.8M)(207.7M)
Cash20.1M116.7M90.8M37.1M6.7M6.4M
Other Assets767K806K657K1.3M1.1M1.7M
Cash And Short Term Investments20.1M116.7M90.8M63.7M34.3M55.2M
Common Stock Shares Outstanding516.4K1.0M2.5M2.6M2.9M3.1M
Liabilities And Stockholders Equity21.7M(76.9M)(108.7M)68.7M36.7M31.8M
Other Stockholder Equity628.8M79.9M(49K)(66K)227.8M294.2M
Total Liab7.4M5.9M5.5M7.7M6.7M6.3M
Total Current Assets20.8M118.0M92.9M67.3M36.1M58.6M
Other Current Liab2.7M3.0M3.4M4.7M3.9M7.3M
Total Current Liabilities7.3M5.9M5.5M7.7M5.2M4.9M
Property Plant And Equipment Net190K40K75K87K258K245.1K
Accounts Payable871K1.1M2.0M2.9M1.1M1.6M
Non Current Assets Total957K806K732K1.4M670K636.5K
Common Stock Total Equity24K15K49K57K65.6K50.6K
Non Current Liabilities Total91K2.8M2.0M3.0M1.5M1.4M
Property Plant And Equipment Gross190K40K75K87K258K245.1K
Common Stock24K15K49K57K3K2.9K
Non Currrent Assets Other767K766K657K1.3M412K428.8K
Accumulated Other Comprehensive Income(2.7M)(2.6M)0.09K3K3.2K
Net Tangible Assets14.4M113.0M88.1M61.0M70.1M35.9M
Retained Earnings Total Equity(600.1M)(65.6M)(82.8M)(158.3M)(182.0M)(191.1M)
Capital Surpluse626.1M79.9M195.7M219.2M197.3M340.7M
Property Plant Equipment190K40K75K87K78.3K152.8K
Net Invested Capital14.3M113.0M88.1M61.0M30.1M58.3M
Net Working Capital13.4M112.1M87.4M59.6M30.9M57.8M
When determining whether Oncternal Therapeutics 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 Oncternal 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 Oncternal Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Oncternal Therapeutics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncternal Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Oncternal Stock please use our How to Invest in Oncternal Therapeutics guide.
Note that the Oncternal Therapeutics information on this page should be used as a complementary analysis to other Oncternal Therapeutics' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Oncternal Therapeutics' 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 Oncternal Therapeutics. If investors know Oncternal 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 Oncternal Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.33)
Revenue Per Share
0.39
Quarterly Revenue Growth
1.803
Return On Assets
(0.49)
Return On Equity
(0.87)
The market value of Oncternal Therapeutics is measured differently than its book value, which is the value of Oncternal that is recorded on the company's balance sheet. Investors also form their own opinion of Oncternal Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Oncternal Therapeutics' 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 Oncternal Therapeutics' market value can be influenced by many factors that don't directly affect Oncternal Therapeutics' 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 Oncternal Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oncternal Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oncternal Therapeutics' 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.