ENLV Stock | | | USD 1.29 0.01 0.77% |
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 Total Current Liabilities and its Good Will 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.
Total Current Liabilities vs Good Will
Total Current Liabilities vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enlivex Therapeutics Total Current Liabilities account and
Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Enlivex Therapeutics' Total Current Liabilities and Good Will is 0.32. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will 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' Total Current Liabilities and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Enlivex Therapeutics are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., Enlivex Therapeutics' Total Current Liabilities and Good Will go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Enlivex Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Enlivex Therapeutics 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.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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).
Enlivex Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Enlivex Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enlivex Therapeutics fundamental ratios Accounts
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Additional Tools for Enlivex Stock Analysis
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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.