180 Retained Earnings vs Total Current Liabilities Analysis

ATNF Stock  USD 2.15  0.68  24.03%   
180 Life financial indicator trend analysis is way more than just evaluating 180 Life Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 180 Life Sciences is a good investment. Please check the relationship between 180 Life Retained Earnings and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 180 Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 180 Life Sciences Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 180 Life's Retained Earnings and Total Current Liabilities is -0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of 180 Life Sciences, assuming nothing else is changed. The correlation between historical values of 180 Life's Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of 180 Life Sciences are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., 180 Life's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Total Current Liabilities

Total Current Liabilities is an item on 180 Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 180 Life Sciences 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.
Most indicators from 180 Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 180 Life Sciences 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 180 Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current Selling General Administrative is estimated to decrease to about 6.4 M. The 180 Life's current Tax Provision is estimated to increase to about (3.1 M)
 2022 2023 2024 (projected)
Research Development2.4M2.8M2.7M
Depreciation And Amortization109.0K105.7K102.8K

180 Life fundamental ratios Correlations

0.250.430.090.220.880.690.440.130.880.850.250.030.080.05-0.080.17-0.080.220.0-0.020.150.170.040.090.13
0.250.84-0.520.6-0.190.570.970.720.52-0.250.77-0.170.62-0.61-0.820.65-0.8-0.20.650.470.750.910.560.77-0.3
0.430.84-0.240.71-0.050.530.910.550.63-0.10.72-0.050.47-0.37-0.640.41-0.640.140.490.430.590.670.390.65-0.06
0.09-0.52-0.24-0.060.25-0.63-0.42-0.72-0.180.29-0.370.39-0.670.980.89-0.10.890.89-0.95-0.87-0.4-0.64-0.74-0.850.91
0.220.60.71-0.06-0.140.320.630.00.59-0.160.090.59-0.12-0.24-0.430.68-0.460.130.230.080.870.41-0.220.470.29
0.88-0.19-0.050.25-0.140.47-0.02-0.150.621.0-0.110.04-0.160.270.27-0.070.270.19-0.27-0.24-0.18-0.19-0.17-0.260.19
0.690.570.53-0.630.320.470.650.560.830.420.4-0.150.46-0.68-0.710.24-0.71-0.460.680.610.480.550.490.72-0.51
0.440.970.91-0.420.63-0.020.650.690.65-0.080.77-0.160.59-0.52-0.760.64-0.74-0.060.570.410.730.860.50.75-0.22
0.130.720.55-0.720.0-0.150.560.690.22-0.220.82-0.770.99-0.71-0.810.15-0.76-0.370.780.710.260.840.890.74-0.74
0.880.520.63-0.180.590.620.830.650.220.590.250.220.11-0.29-0.420.43-0.43-0.020.30.210.570.420.050.420.03
0.85-0.25-0.10.29-0.161.00.42-0.08-0.220.59-0.160.08-0.220.310.32-0.110.320.2-0.31-0.27-0.22-0.26-0.21-0.310.22
0.250.770.72-0.370.09-0.110.40.770.820.25-0.16-0.590.79-0.38-0.580.15-0.55-0.050.520.490.170.690.820.55-0.4
0.03-0.17-0.050.390.590.04-0.15-0.16-0.770.220.08-0.59-0.850.280.290.290.220.17-0.36-0.40.36-0.4-0.77-0.220.65
0.080.620.47-0.67-0.12-0.160.460.590.990.11-0.220.79-0.85-0.64-0.720.05-0.67-0.320.710.670.130.790.880.64-0.73
0.05-0.61-0.370.98-0.240.27-0.68-0.52-0.71-0.290.31-0.380.28-0.640.94-0.190.950.83-0.97-0.88-0.53-0.69-0.67-0.910.84
-0.08-0.82-0.640.89-0.430.27-0.71-0.76-0.81-0.420.32-0.580.29-0.720.94-0.370.990.62-0.95-0.83-0.67-0.85-0.69-0.970.71
0.170.650.41-0.10.68-0.070.240.640.150.43-0.110.150.290.05-0.19-0.37-0.340.070.08-0.210.870.6-0.130.350.2
-0.08-0.8-0.640.89-0.460.27-0.71-0.74-0.76-0.430.32-0.550.22-0.670.950.99-0.340.64-0.96-0.85-0.67-0.81-0.67-0.970.69
0.22-0.20.140.890.130.19-0.46-0.06-0.37-0.020.2-0.050.17-0.320.830.620.070.64-0.76-0.72-0.21-0.28-0.52-0.580.82
0.00.650.49-0.950.23-0.270.680.570.780.3-0.310.52-0.360.71-0.97-0.950.08-0.96-0.760.950.450.690.770.92-0.84
-0.020.470.43-0.870.08-0.240.610.410.710.21-0.270.49-0.40.67-0.88-0.83-0.21-0.85-0.720.950.210.50.780.82-0.85
0.150.750.59-0.40.87-0.180.480.730.260.57-0.220.170.360.13-0.53-0.670.87-0.67-0.210.450.210.680.010.66-0.03
0.170.910.67-0.640.41-0.190.550.860.840.42-0.260.69-0.40.79-0.69-0.850.6-0.81-0.280.690.50.680.590.74-0.45
0.040.560.39-0.74-0.22-0.170.490.50.890.05-0.210.82-0.770.88-0.67-0.69-0.13-0.67-0.520.770.780.010.590.67-0.84
0.090.770.65-0.850.47-0.260.720.750.740.42-0.310.55-0.220.64-0.91-0.970.35-0.97-0.580.920.820.660.740.67-0.69
0.13-0.3-0.060.910.290.19-0.51-0.22-0.740.030.22-0.40.65-0.730.840.710.20.690.82-0.84-0.85-0.03-0.45-0.84-0.69
Click cells to compare fundamentals

180 Life Account Relationship Matchups

180 Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.9M55.5M62.7M19.7M5.3M5.0M
Total Current Liabilities9.6M21.4M19.7M5.7M5.1M8.6M
Total Stockholder Equity38.6M30.3M39.3M11.3M(127.7K)(121.3K)
Retained Earnings(37.5M)(48.4M)(68.7M)(107.4M)(127.3M)(121.0M)
Cash And Short Term Investments118.4M83.4K8.2M7.0M2.0M1.9M
Total Liab13.3M25.2M23.4M8.3M5.4M5.1M
Total Current Assets748.3K4.0M11.2M8.9M3.6M4.0M
Common Stock1.4K2.6K3.4K375.054.051.3
Other Current Liab2.0M4.4M17.2M2.5M1.9M1.8M
Net Debt3.4M1.7M(6.3M)(5.6M)(921.7K)(967.8K)
Cash83.4K2.1M8.2M7.0M2.0M3.2M
Non Current Assets Total51.1M51.5M51.5M10.7M1.6M1.5M
Common Stock Shares Outstanding29.0K18.2M82.5K100.0K379.1K360.1K
Liabilities And Stockholders Equity51.9M25.2M62.7M19.7M5.3M5.0M
Non Current Liabilities Total3.7M3.8M3.7M2.6M324.6K308.4K
Other Stockholder Equity75.9M636.9K107.2M121.6M130.1M136.6M
Accounts Payable4.1M8.5M586.6K1.8M2.2M2.3M
Net Receivables328.3K784.6K694.6K621.0K279.0K535.8K
Other Current Assets35.0K14.4K3.0M1.3M1.7M1.1M

Currently Active Assets on Macroaxis

When determining whether 180 Life Sciences is a strong investment it is important to analyze 180 Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 180 Life's future performance. For an informed investment choice regarding 180 Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 180 Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Biotechnology space 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 180 Life. If investors know 180 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 180 Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
7.98
Return On Assets
(0.64)
Return On Equity
(3.99)
The market value of 180 Life Sciences is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Life's value that differs from its market value or its book value, called intrinsic value, which is 180 Life'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 180 Life's market value can be influenced by many factors that don't directly affect 180 Life'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 180 Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Life'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.