Enlivex Intangible Assets vs Net Invested Capital Analysis

ENLV Stock  USD 1.30  0.06  4.41%   
Enlivex Therapeutics financial indicator trend analysis is much more than just examining Enlivex Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enlivex Therapeutics is a good investment. Please check the relationship between Enlivex Therapeutics Intangible Assets and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enlivex Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Enlivex Stock please use our How to Invest in Enlivex Therapeutics guide.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enlivex Therapeutics Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Enlivex Therapeutics' Intangible Assets and Net Invested Capital is -0.18. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Enlivex Therapeutics, assuming nothing else is changed. The correlation between historical values of Enlivex Therapeutics' Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Enlivex Therapeutics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Enlivex Therapeutics' Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Enlivex Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enlivex 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enlivex Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Enlivex Stock please use our How to Invest in Enlivex Therapeutics guide.At this time, Enlivex Therapeutics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 42.1 M in 2024, despite the fact that Tax Provision is likely to grow to (3.4 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue546K777K835K793.3K
Research Development12.9M18.7M19.2M20.2M

Enlivex Therapeutics fundamental ratios Correlations

0.480.751.00.730.50.50.46-0.090.810.60.470.370.030.560.57-0.560.8-0.32-0.230.630.30.410.470.420.62
0.480.880.430.240.20.630.12-0.320.810.050.850.70.52-0.080.130.080.66-0.15-0.710.510.510.880.840.710.51
0.750.880.710.560.460.720.15-0.30.910.340.70.610.340.260.32-0.260.74-0.34-0.530.540.480.70.690.590.55
1.00.430.710.750.480.470.47-0.070.770.630.410.330.010.60.6-0.60.78-0.29-0.180.590.260.360.410.370.58
0.730.240.560.750.490.55-0.01-0.10.460.70.050.320.010.650.69-0.650.53-0.28-0.050.09-0.080.020.060.130.19
0.50.20.460.480.490.5-0.18-0.260.590.110.290.31-0.250.170.07-0.170.42-0.96-0.20.410.090.220.30.330.42
0.50.630.720.470.550.5-0.19-0.410.650.350.560.890.590.210.38-0.210.8-0.35-0.650.2-0.160.530.580.550.2
0.460.120.150.47-0.01-0.18-0.190.480.34-0.030.35-0.050.08-0.04-0.070.040.330.17-0.020.660.410.320.340.270.64
-0.09-0.32-0.3-0.07-0.1-0.26-0.410.48-0.29-0.1-0.16-0.33-0.19-0.05-0.130.05-0.310.220.41-0.01-0.1-0.13-0.17-0.290.03
0.810.810.910.770.460.590.650.34-0.290.160.820.620.250.10.17-0.10.84-0.51-0.60.80.550.780.820.750.79
0.60.050.340.630.70.110.35-0.03-0.10.16-0.220.06-0.10.970.95-0.970.370.180.27-0.22-0.22-0.23-0.22-0.3-0.26
0.470.850.70.410.050.290.560.35-0.160.82-0.220.760.55-0.35-0.130.350.73-0.32-0.830.790.420.991.00.910.76
0.370.70.610.330.320.310.89-0.05-0.330.620.060.760.77-0.140.170.140.81-0.24-0.870.36-0.140.740.780.780.35
0.030.520.340.010.01-0.250.590.08-0.190.25-0.10.550.77-0.31-0.050.310.490.26-0.760.13-0.20.570.570.590.15
0.56-0.080.260.60.650.170.21-0.04-0.050.10.97-0.35-0.14-0.310.88-1.00.220.10.44-0.23-0.15-0.36-0.35-0.43-0.28
0.570.130.320.60.690.070.38-0.07-0.130.170.95-0.130.17-0.050.88-0.880.430.210.16-0.2-0.24-0.13-0.13-0.2-0.24
-0.560.08-0.26-0.6-0.65-0.17-0.210.040.05-0.1-0.970.350.140.31-1.0-0.88-0.22-0.11-0.440.230.160.360.350.430.28
0.80.660.740.780.530.420.80.33-0.310.840.370.730.810.490.220.43-0.22-0.28-0.660.620.10.680.750.720.58
-0.32-0.15-0.34-0.29-0.28-0.96-0.350.170.22-0.510.18-0.32-0.240.260.10.21-0.11-0.280.24-0.46-0.16-0.25-0.33-0.38-0.49
-0.23-0.71-0.53-0.18-0.05-0.2-0.65-0.020.41-0.60.27-0.83-0.87-0.760.440.16-0.44-0.660.24-0.52-0.1-0.82-0.85-0.93-0.52
0.630.510.540.590.090.410.20.66-0.010.8-0.220.790.360.13-0.23-0.20.230.62-0.46-0.520.580.740.790.770.97
0.30.510.480.26-0.080.09-0.160.41-0.10.55-0.220.42-0.14-0.2-0.15-0.240.160.1-0.16-0.10.580.430.380.290.59
0.410.880.70.360.020.220.530.32-0.130.78-0.230.990.740.57-0.36-0.130.360.68-0.25-0.820.740.430.990.880.71
0.470.840.690.410.060.30.580.34-0.170.82-0.221.00.780.57-0.35-0.130.350.75-0.33-0.850.790.380.990.920.76
0.420.710.590.370.130.330.550.27-0.290.75-0.30.910.780.59-0.43-0.20.430.72-0.38-0.930.770.290.880.920.78
0.620.510.550.580.190.420.20.640.030.79-0.260.760.350.15-0.28-0.240.280.58-0.49-0.520.970.590.710.760.78
Click cells to compare fundamentals

Enlivex Therapeutics Account Relationship Matchups

Enlivex Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.6M40.4M95.1M67.6M36.8M30.6M
Other Current Liab5.5M3.7M3.2M4.0M4.9M5.1M
Total Current Liabilities6.0M4.4M4.7M6.6M6.1M3.6M
Total Stockholder Equity11.3M35.5M85.0M56.8M30.1M25.2M
Accounts Payable316K463K878K1.9M827K1.1M
Cash3.9M5.7M11.2M47.8M926K879.7K
Other Assets(426.0)0.081K412K370.8K253.8K
Short Term Investments8.1M30.0M72.9M299K26.5M13.3M
Other Current Assets510K32.4M12.3M2.4M6.3M6.3M
Total Liab6.3M4.9M10.1M10.8M6.7M5.5M
Common Stock1.2M1.6M2.1M2.1M2.1M2.2M
Property Plant Equipment1.1M2.1M2.5M14.9M17.1M18.0M
Net Debt(3.8M)(5.5M)(10.6M)(43.0M)106K111.3K
Retained Earnings(25.7M)(37.5M)(52.0M)(83.0M)(112.1M)(106.5M)
Cash And Short Term Investments12.0M35.7M84.1M48.1M27.4M23.0M
Net Receivables2.4M1.2M2.2M647K229K217.6K
Common Stock Shares Outstanding8.6M13.2M17.9M18.4M18.6M19.5M
Liabilities And Stockholders Equity17.6M40.4M95.1M67.6M36.8M31.4M
Other Stockholder Equity37.1M70.4M133.8M136.6M138.9M145.9M
Total Current Assets16.4M38.1M86.4M52.3M33.8M28.5M
Property Plant And Equipment Net1.1M2.1M8.2M14.9M2.6M3.0M
Non Current Assets Total1.1M2.2M8.7M15.3M3.1M3.2M
Non Currrent Assets Other(329K)8K482K105K179K188.0K
Property Plant And Equipment Gross648K2.1M10.2M18.4M6.6M4.3M
Accumulated Other Comprehensive Income(2.3M)(1.3M)977K1.1M1.3M1.3M
Non Current Liabilities Total298K499K5.4M4.2M686K651.7K
Net Tangible Assets11.3M35.5M85.0M56.8M65.4M32.8M
Net Invested Capital11.3M35.5M85.0M56.8M30.1M36.3M
Net Working Capital10.4M33.7M81.7M45.7M27.7M33.3M
Capital Stock1.2M1.6M2.1M2.1M2.1M1.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Enlivex Stock Analysis

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