Greenwich Net Tangible Assets vs Total Current Liabilities Analysis

GLSI Stock  USD 11.57  0.08  0.70%   
Greenwich Lifesciences financial indicator trend analysis is much more than just examining Greenwich Lifesciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenwich Lifesciences is a good investment. Please check the relationship between Greenwich Lifesciences Net Tangible Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenwich Lifesciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Greenwich Stock please use our How to Invest in Greenwich Lifesciences guide.

Net Tangible Assets vs Total Current Liabilities

Net Tangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenwich Lifesciences Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Greenwich Lifesciences' Net Tangible Assets and Total Current Liabilities is 0.21. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Greenwich Lifesciences, assuming nothing else is changed. The correlation between historical values of Greenwich Lifesciences' Net Tangible Assets 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 Net Tangible Assets of Greenwich Lifesciences 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 Net Tangible Assets i.e., Greenwich Lifesciences' Net Tangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Liabilities

Total Current Liabilities is an item on Greenwich Lifesciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Greenwich Lifesciences 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 Greenwich Lifesciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenwich Lifesciences 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenwich Lifesciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Greenwich Stock please use our How to Invest in Greenwich Lifesciences guide.As of now, Greenwich Lifesciences' Selling General Administrative is increasing as compared to previous years. The Greenwich Lifesciences' current Issuance Of Capital Stock is estimated to increase to about 5.1 M, while Enterprise Value Over EBITDA is projected to decrease to (9.45).
 2024 2025 (projected)
Total Operating Expenses16.0M16.8M
Cost Of Revenue4.2K4.0K

Greenwich Lifesciences fundamental ratios Correlations

-0.06-0.040.97-1.0-0.22-0.031.0-0.441.00.57-0.630.72-0.681.00.72-0.640.050.690.640.340.960.681.0-0.4-0.75
-0.060.65-0.080.060.310.11-0.060.3-0.06-0.350.11-0.240.11-0.06-0.150.060.11-0.25-0.06-0.44-0.08-0.12-0.080.350.31
-0.040.650.050.04-0.350.74-0.04-0.28-0.040.14-0.320.25-0.26-0.040.27-0.35-0.410.210.350.190.070.31-0.08-0.25-0.12
0.97-0.080.05-0.97-0.40.120.97-0.610.970.69-0.80.84-0.830.970.86-0.8-0.070.820.80.531.00.830.97-0.57-0.85
-1.00.060.04-0.970.230.02-1.00.45-1.0-0.580.64-0.720.68-1.0-0.720.65-0.04-0.7-0.65-0.35-0.97-0.69-1.00.40.75
-0.220.31-0.35-0.40.23-0.76-0.220.96-0.22-0.890.77-0.810.7-0.22-0.760.750.78-0.85-0.75-0.89-0.42-0.77-0.20.970.78
-0.030.110.740.120.02-0.76-0.03-0.65-0.030.6-0.520.46-0.41-0.030.44-0.52-0.890.520.520.620.140.5-0.07-0.66-0.37
1.0-0.06-0.040.97-1.0-0.22-0.03-0.441.00.57-0.630.72-0.681.00.72-0.640.050.690.640.340.960.681.0-0.4-0.75
-0.440.3-0.28-0.610.450.96-0.65-0.44-0.44-0.950.9-0.920.85-0.44-0.90.890.65-0.95-0.89-0.93-0.64-0.91-0.430.990.9
1.0-0.06-0.040.97-1.0-0.22-0.031.0-0.440.57-0.630.72-0.681.00.72-0.640.050.690.640.340.960.681.0-0.4-0.75
0.57-0.350.140.69-0.58-0.890.60.57-0.950.57-0.840.89-0.790.570.85-0.83-0.690.960.830.850.710.860.56-0.94-0.9
-0.630.11-0.32-0.80.640.77-0.52-0.630.9-0.63-0.84-0.930.99-0.63-0.980.990.42-0.93-0.99-0.87-0.82-0.99-0.620.870.88
0.72-0.240.250.84-0.72-0.810.460.72-0.920.720.89-0.93-0.920.720.97-0.92-0.40.980.920.830.850.960.71-0.9-0.99
-0.680.11-0.26-0.830.680.7-0.41-0.680.85-0.68-0.790.99-0.92-0.68-0.980.990.3-0.91-0.99-0.83-0.85-0.99-0.670.820.88
1.0-0.06-0.040.97-1.0-0.22-0.031.0-0.441.00.57-0.630.72-0.680.72-0.640.050.690.640.340.960.681.0-0.4-0.75
0.72-0.150.270.86-0.72-0.760.440.72-0.90.720.85-0.980.97-0.980.72-0.98-0.350.960.980.840.871.00.7-0.87-0.94
-0.640.06-0.35-0.80.650.75-0.52-0.640.89-0.64-0.830.99-0.920.99-0.64-0.980.4-0.92-1.0-0.85-0.82-0.99-0.630.850.87
0.050.11-0.41-0.07-0.040.78-0.890.050.650.05-0.690.42-0.40.30.05-0.350.4-0.52-0.4-0.58-0.09-0.40.080.680.37
0.69-0.250.210.82-0.7-0.850.520.69-0.950.690.96-0.930.98-0.910.690.96-0.92-0.520.920.850.830.960.68-0.93-0.98
0.64-0.060.350.8-0.65-0.750.520.64-0.890.640.83-0.990.92-0.990.640.98-1.0-0.40.920.850.820.990.63-0.85-0.87
0.34-0.440.190.53-0.35-0.890.620.34-0.930.340.85-0.870.83-0.830.340.84-0.85-0.580.850.850.550.860.33-0.93-0.78
0.96-0.080.071.0-0.97-0.420.140.96-0.640.960.71-0.820.85-0.850.960.87-0.82-0.090.830.820.550.850.96-0.59-0.86
0.68-0.120.310.83-0.69-0.770.50.68-0.910.680.86-0.990.96-0.990.681.0-0.99-0.40.960.990.860.850.67-0.87-0.92
1.0-0.08-0.080.97-1.0-0.2-0.071.0-0.431.00.56-0.620.71-0.671.00.7-0.630.080.680.630.330.960.67-0.38-0.74
-0.40.35-0.25-0.570.40.97-0.66-0.40.99-0.4-0.940.87-0.90.82-0.4-0.870.850.68-0.93-0.85-0.93-0.59-0.87-0.380.88
-0.750.31-0.12-0.850.750.78-0.37-0.750.9-0.75-0.90.88-0.990.88-0.75-0.940.870.37-0.98-0.87-0.78-0.86-0.92-0.740.88
Click cells to compare fundamentals

Greenwich Lifesciences Account Relationship Matchups

Greenwich Lifesciences fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets28.7M27.2M13.5M7.0M4.1M3.9M
Other Current Liab770.3K164.3K42.1K258.9K382.2K320.7K
Total Current Liabilities1.0M385.2K262.9K294.4K1.6M854.0K
Total Stockholder Equity27.6M26.8M13.2M6.7M2.5M2.4M
Net Debt(28.7M)(27.2M)(13.5M)(7.0M)(4.1M)(4.3M)
Retained Earnings(29.1M)(33.6M)(41.5M)(50.4M)(66.2M)(62.8M)
Accounts Payable635.2K275.2K220.8K35.5K1.2M1.2M
Cash28.7M27.2M13.5M7.0M4.1M3.9M
Non Current Assets Total16.2K12.6K9.0K5.4K1.8K1.7K
Cash And Short Term Investments28.7M27.2M13.5M7.0M4.1M3.9M
Common Stock Shares Outstanding12.7M12.9M12.9M12.8M13.0M13.7M
Liabilities And Stockholders Equity28.7M27.2M13.5M7.0M4.1M3.9M
Other Stockholder Equity56.7M60.5M54.7M57.1M68.7M48.2M
Total Liab1.0M385.2K262.9K294.4K1.6M2.4M
Total Current Assets28.7M27.2M13.5M7.0M4.1M3.9M
Common Stock8.5K12.7K13.1K12.8K13.2K10.2K
Net Invested Capital27.6M26.8M13.2M6.7M2.5M2.4M
Capital Stock10.4K12.7K13.1K12.8K13.2K12.2K
Net Working Capital27.6M26.8M13.2M6.7M2.5M2.4M
Intangible Assets16.2K12.6K9.0K5.4K1.8K1.7K

Currently Active Assets on Macroaxis

When determining whether Greenwich Lifesciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenwich Lifesciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenwich Lifesciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenwich Lifesciences Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenwich Lifesciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Greenwich Stock please use our How to Invest in Greenwich Lifesciences guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Greenwich Lifesciences. If investors know Greenwich 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 Greenwich Lifesciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.27)
Return On Assets
(2.54)
Return On Equity
(5.15)
The market value of Greenwich Lifesciences is measured differently than its book value, which is the value of Greenwich that is recorded on the company's balance sheet. Investors also form their own opinion of Greenwich Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Greenwich Lifesciences' 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 Greenwich Lifesciences' market value can be influenced by many factors that don't directly affect Greenwich Lifesciences' 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 Greenwich Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenwich Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenwich Lifesciences' 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.