Oncolytics Net Invested Capital vs Capital Stock Analysis

ONCY Stock

USD 1.07 0.05 4.46%

Oncolytics Biotech financial indicator trend analysis is much more than just breaking down Oncolytics Biotech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oncolytics Biotech is a good investment. Please check the relationship between Oncolytics Biotech Net Invested Capital and its Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncolytics Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Oncolytics Stock please use our How to Invest in Oncolytics Biotech guide.

Net Invested Capital vs Capital Stock

Net Invested Capital vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oncolytics Biotech Net Invested Capital account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Oncolytics Biotech's Net Invested Capital and Capital Stock is 0.87. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Oncolytics Biotech, assuming nothing else is changed. The correlation between historical values of Oncolytics Biotech's Net Invested Capital and Capital Stock 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 Oncolytics Biotech are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Invested Capital i.e., Oncolytics Biotech's Net Invested Capital and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Oncolytics Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oncolytics Biotech 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 Oncolytics Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Oncolytics Stock please use our How to Invest in Oncolytics Biotech guide.At this time, Oncolytics Biotech's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 118.2 M in 2024, whereas Tax Provision is likely to drop slightly above 84.1 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	98.6K	528K	1.2M	1.2M
Net Interest Income	98.6K	528K	1.2M	1.2M

Interest Income Net Interest Income

Oncolytics Biotech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Net Tangible Assets	Common Stock Total Equity	Short Term Investments	Common Stock	Property Plant Equipment	Non Currrent Assets Other
Total Assets		0.14	0.01	0.9	0.74	-0.84	-0.62	-0.07	0.84	-0.13	0.98	-0.15	0.7	0.46	0.66	0.67	0.32	0.45	1.0	0.23	0.68	0.44	0.33	0.66	0.7	0.6
Short Long Term Debt Total	0.14		0.02	-0.1	0.41	-0.02	-0.58	-0.59	0.04	0.01	0.03	0.4	0.48	0.75	0.56	0.55	0.58	0.49	0.14	0.26	0.49	0.56	0.22	0.54	0.53	0.19
Total Current Liabilities	0.01	0.02		-0.3	0.29	0.01	-0.15	0.26	0.0	-0.39	-0.03	0.34	-0.11	0.09	0.16	0.2	0.71	0.37	0.03	0.73	-0.38	0.05	0.11	0.1	0.32	-0.04
Total Stockholder Equity	0.9	-0.1	-0.3		0.51	-0.8	-0.33	0.09	0.82	-0.04	0.94	-0.33	0.48	0.12	0.34	0.38	-0.1	0.1	0.9	-0.11	0.58	0.18	0.17	0.39	0.44	0.58
Property Plant And Equipment Net	0.74	0.41	0.29	0.51		-0.6	-0.75	-0.26	0.64	-0.23	0.7	0.04	0.59	0.59	0.67	0.77	0.64	0.61	0.76	0.38	0.58	0.65	0.37	0.73	0.94	0.51
Net Debt	-0.84	-0.02	0.01	-0.8	-0.6		0.43	0.0	-0.97	0.36	-0.87	0.25	-0.49	-0.27	-0.44	-0.47	-0.13	-0.35	-0.85	-0.21	-0.52	-0.3	-0.07	-0.49	-0.53	-0.27
Retained Earnings	-0.62	-0.58	-0.15	-0.33	-0.75	0.43		0.36	-0.37	0.35	-0.55	-0.11	-0.84	-0.81	-0.84	-0.99	-0.6	-0.69	-0.62	-0.29	-0.78	-0.94	-0.41	-0.99	-0.72	-0.24
Accounts Payable	-0.07	-0.59	0.26	0.09	-0.26	0.0	0.36		0.03	-0.45	0.03	-0.05	-0.51	-0.68	-0.59	-0.27	-0.29	-0.62	-0.03	-0.29	-0.52	-0.44	-0.38	-0.37	-0.27	0.07
Cash	0.84	0.04	0.0	0.82	0.64	-0.97	-0.37	0.03		-0.34	0.87	-0.22	0.38	0.21	0.35	0.42	0.17	0.26	0.86	0.19	0.44	0.22	0.11	0.4	0.58	0.32
Non Current Assets Total	-0.13	0.01	-0.39	-0.04	-0.23	0.36	0.35	-0.45	-0.34		-0.18	-0.14	0.07	0.05	0.07	-0.39	-0.19	0.08	-0.18	-0.09	0.06	-0.29	0.13	-0.31	-0.14	0.28
Cash And Short Term Investments	0.98	0.03	-0.03	0.94	0.7	-0.87	-0.55	0.03	0.87	-0.18		-0.29	0.62	0.34	0.55	0.61	0.21	0.35	0.99	0.15	0.62	0.37	0.28	0.59	0.64	0.57
Net Receivables	-0.15	0.4	0.34	-0.33	0.04	0.25	-0.11	-0.05	-0.22	-0.14	-0.29		-0.1	0.24	0.1	0.13	0.43	0.06	-0.14	0.24	-0.11	0.11	-0.05	0.05	0.06	-0.05
Common Stock Shares Outstanding	0.7	0.48	-0.11	0.48	0.59	-0.49	-0.84	-0.51	0.38	0.07	0.62	-0.1		0.81	0.93	0.82	0.39	0.77	0.67	0.25	0.92	0.79	0.37	0.89	0.62	0.35
Non Current Liabilities Total	0.46	0.75	0.09	0.12	0.59	-0.27	-0.81	-0.68	0.21	0.05	0.34	0.24	0.81		0.9	0.79	0.71	0.78	0.44	0.44	0.69	0.76	0.47	0.8	0.66	0.24
Other Current Assets	0.66	0.56	0.16	0.34	0.67	-0.44	-0.84	-0.59	0.35	0.07	0.55	0.1	0.93	0.9		0.82	0.65	0.9	0.64	0.54	0.78	0.75	0.5	0.86	0.7	0.33
Other Stockholder Equity	0.67	0.55	0.2	0.38	0.77	-0.47	-0.99	-0.27	0.42	-0.39	0.61	0.13	0.82	0.79	0.82		0.64	0.65	0.68	0.31	0.74	0.89	0.38	0.97	0.75	0.31
Total Liab	0.32	0.58	0.71	-0.1	0.64	-0.13	-0.6	-0.29	0.17	-0.19	0.21	0.43	0.39	0.71	0.65	0.64		0.69	0.33	0.74	0.16	0.49	0.44	0.54	0.72	0.19
Property Plant And Equipment Gross	0.45	0.49	0.37	0.1	0.61	-0.35	-0.69	-0.62	0.26	0.08	0.35	0.06	0.77	0.78	0.9	0.65	0.69		0.43	0.72	0.57	0.65	0.35	0.7	0.65	0.12
Total Current Assets	1.0	0.14	0.03	0.9	0.76	-0.85	-0.62	-0.03	0.86	-0.18	0.99	-0.14	0.67	0.44	0.64	0.68	0.33	0.43		0.23	0.66	0.43	0.33	0.66	0.71	0.59
Other Current Liab	0.23	0.26	0.73	-0.11	0.38	-0.21	-0.29	-0.29	0.19	-0.09	0.15	0.24	0.25	0.44	0.54	0.31	0.74	0.72	0.23		0.0	0.13	0.27	0.28	0.42	-0.01
Net Tangible Assets	0.68	0.49	-0.38	0.58	0.58	-0.52	-0.78	-0.52	0.44	0.06	0.62	-0.11	0.92	0.69	0.78	0.74	0.16	0.57	0.66	0.0		0.75	0.32	0.82	0.57	0.39
Common Stock Total Equity	0.44	0.56	0.05	0.18	0.65	-0.3	-0.94	-0.44	0.22	-0.29	0.37	0.11	0.79	0.76	0.75	0.89	0.49	0.65	0.43	0.13	0.75		0.36	0.93	0.6	0.08
Short Term Investments	0.33	0.22	0.11	0.17	0.37	-0.07	-0.41	-0.38	0.11	0.13	0.28	-0.05	0.37	0.47	0.5	0.38	0.44	0.35	0.33	0.27	0.32	0.36		0.39	0.38	0.17
Common Stock	0.66	0.54	0.1	0.39	0.73	-0.49	-0.99	-0.37	0.4	-0.31	0.59	0.05	0.89	0.8	0.86	0.97	0.54	0.7	0.66	0.28	0.82	0.93	0.39		0.69	0.26
Property Plant Equipment	0.7	0.53	0.32	0.44	0.94	-0.53	-0.72	-0.27	0.58	-0.14	0.64	0.06	0.62	0.66	0.7	0.75	0.72	0.65	0.71	0.42	0.57	0.6	0.38	0.69		0.52
Non Currrent Assets Other	0.6	0.19	-0.04	0.58	0.51	-0.27	-0.24	0.07	0.32	0.28	0.57	-0.05	0.35	0.24	0.33	0.31	0.19	0.12	0.59	-0.01	0.39	0.08	0.17	0.26	0.52

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Oncolytics Biotech Account Relationship Matchups

Oncolytics Biotech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.7M	34.3M	45.9M	37.3M	38.8M	30.5M
Total Current Liabilities	12.9M	2.7M	2.7M	3.9M	4.2M	3.9M
Total Stockholder Equity	(107.9K)	24.8M	36.1M	26.5M	27.6M	17.8M
Property Plant And Equipment Net	727.5K	609.1K	976.3K	652K	647K	460.6K
Net Debt	(13.6M)	(30.8M)	(40.6M)	(11.3M)	(31.1M)	(29.6M)
Retained Earnings	(344.6M)	(367.1M)	(393.4M)	(418.3M)	(446.0M)	(423.7M)
Accounts Payable	3.2K	1.8K	594K	2.3M	1.1M	1.0M
Cash	14.1M	31.2M	41.3M	11.7M	31.5M	19.3M
Non Current Assets Total	727.5K	609.1K	976.3K	1.7M	647.0K	614.6K
Cash And Short Term Investments	14.1M	31.2M	41.3M	32.1M	34.9M	26.6M
Net Receivables	2.1M	89.7K	866.1K	521K	15K	14.3K
Common Stock Shares Outstanding	22.1M	40.3M	53.5M	58.0M	67.6M	71.0M
Liabilities And Stockholders Equity	19.7M	34.3M	45.9M	37.3M	38.8M	30.5M
Non Current Liabilities Total	6.9M	6.9M	7.1M	6.9M	7.0M	7.4M
Other Current Assets	2.7M	2.4M	2.8M	3.0M	3.2M	3.4M
Other Stockholder Equity	33.0M	34.6M	37.8M	40.1M	42.1M	38.2M
Total Liab	19.8M	9.6M	9.8M	10.8M	11.3M	6.0M
Property Plant And Equipment Gross	1.7M	609.1K	976.3K	652K	1.3M	1.4M
Total Current Assets	18.9M	33.7M	44.9M	35.7M	38.2M	28.0M
Accumulated Other Comprehensive Income	464.1K	400.2K	387.7K	662K	544K	516.8K
Other Current Liab	12.5M	2.5M	2.4M	1.5M	4.1M	4.3M
Other Liab	4.6M	5.9M	6.7M	6.7M	7.7M	8.1M
Net Tangible Assets	(107.9K)	24.8M	36.1M	26.5M	30.5M	32.0M
Common Stock Total Equity	271.7M	285.2M	311.1M	356.8M	410.3M	430.9M
Short Term Investments	13.1M	30.4M	1.4M	20.5M	3.4M	3.2M
Short Term Debt	339.8K	248.9K	293.7K	216K	133K	127.3K
Common Stock	311.1M	356.8M	391.3M	404.0M	430.9M	452.5M
Property Plant Equipment	727.5K	609.1K	976.3K	652K	749.8K	377.8K
Capital Lease Obligations	506.3K	402.1K	654.8K	373K	423K	288.3K
Current Deferred Revenue	(3.2K)	(1.8K)	(594K)	(1.1M)	(973.8K)	(925.1K)
Net Invested Capital	(107.9K)	24.8M	36.1M	26.5M	27.6M	20.3M
Net Working Capital	6.1M	31.0M	42.2M	31.7M	33.9M	26.6M
Capital Stock	311.1M	356.8M	391.3M	404.0M	430.9M	399.6M

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Oncolytics Net Invested Capital vs Capital Stock Analysis

Net Invested Capital vs Capital Stock

Net Invested Capital vs Capital Stock Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Stock

Oncolytics Biotech fundamental ratios Correlations

Oncolytics Biotech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Oncolytics Biotech fundamental ratios Accounts

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Additional Tools for Oncolytics Stock Analysis

COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.98	Total Assets
Common Stock	+ 0.97	Other Stockholder Equity
Cash And Short Term Investments	+ 0.94	Total Stockholder Equity
Property Plant Equipment	+ 0.94	Property Plant And Equipment Net

Common Stock	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Retained Earnings
Cash	- 0.97	Net Debt
Common Stock Total Equity	- 0.94	Retained Earnings
Cash And Short Term Investments	- 0.87	Net Debt
Total Current Assets	- 0.85	Net Debt