Oncternal Net Invested Capital vs Property Plant Equipment 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 Net Invested Capital and its Property Plant Equipment 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.
Net Invested Capital vs Property Plant Equipment
Net Invested Capital vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oncternal Therapeutics Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oncternal Therapeutics' Net Invested Capital and Property Plant Equipment is -0.18. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment 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' Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Oncternal Therapeutics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Oncternal Therapeutics' Net Invested Capital and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Property Plant Equipment
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 Depreciation | 47K | 41.4K | 37.2K | Discontinued Operations | 13.9M | 12.5M | 11.1M |
Oncternal Therapeutics fundamental ratios Correlations
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Oncternal Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oncternal Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.7M | 118.8M | 93.6M | 68.7M | 36.7M | 61.3M | |
Total Stockholder Equity | 14.3M | (82.8M) | (114.1M) | (158.3M) | 30.1M | 31.6M | |
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) | |
Cash | 20.1M | 116.7M | 90.8M | 37.1M | 6.7M | 6.4M | |
Other Assets | 767K | 806K | 657K | 1.3M | 1.1M | 1.7M | |
Cash And Short Term Investments | 20.1M | 116.7M | 90.8M | 63.7M | 34.3M | 55.2M | |
Common Stock Shares Outstanding | 516.4K | 1.0M | 2.5M | 2.6M | 2.9M | 3.1M | |
Liabilities And Stockholders Equity | 21.7M | (76.9M) | (108.7M) | 68.7M | 36.7M | 31.8M | |
Other Stockholder Equity | 628.8M | 79.9M | (49K) | (66K) | 227.8M | 294.2M | |
Total Liab | 7.4M | 5.9M | 5.5M | 7.7M | 6.7M | 6.3M | |
Total Current Assets | 20.8M | 118.0M | 92.9M | 67.3M | 36.1M | 58.6M | |
Other Current Liab | 2.7M | 3.0M | 3.4M | 4.7M | 3.9M | 7.3M | |
Total Current Liabilities | 7.3M | 5.9M | 5.5M | 7.7M | 5.2M | 4.9M | |
Property Plant And Equipment Net | 190K | 40K | 75K | 87K | 258K | 245.1K | |
Accounts Payable | 871K | 1.1M | 2.0M | 2.9M | 1.1M | 1.6M | |
Non Current Assets Total | 957K | 806K | 732K | 1.4M | 670K | 636.5K | |
Common Stock Total Equity | 24K | 15K | 49K | 57K | 65.6K | 50.6K | |
Non Current Liabilities Total | 91K | 2.8M | 2.0M | 3.0M | 1.5M | 1.4M | |
Property Plant And Equipment Gross | 190K | 40K | 75K | 87K | 258K | 245.1K | |
Common Stock | 24K | 15K | 49K | 57K | 3K | 2.9K | |
Non Currrent Assets Other | 767K | 766K | 657K | 1.3M | 412K | 428.8K | |
Accumulated Other Comprehensive Income | (2.7M) | (2.6M) | 0.0 | 9K | 3K | 3.2K | |
Net Tangible Assets | 14.4M | 113.0M | 88.1M | 61.0M | 70.1M | 35.9M | |
Retained Earnings Total Equity | (600.1M) | (65.6M) | (82.8M) | (158.3M) | (182.0M) | (191.1M) | |
Capital Surpluse | 626.1M | 79.9M | 195.7M | 219.2M | 197.3M | 340.7M | |
Property Plant Equipment | 190K | 40K | 75K | 87K | 78.3K | 152.8K | |
Net Invested Capital | 14.3M | 113.0M | 88.1M | 61.0M | 30.1M | 58.3M | |
Net Working Capital | 13.4M | 112.1M | 87.4M | 59.6M | 30.9M | 57.8M |
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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.