Annovis Property Plant Equipment vs Total Assets Analysis

ANVS Stock  USD 6.71  0.17  2.60%   
Annovis Bio financial indicator trend analysis is way more than just evaluating Annovis Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Annovis Bio is a good investment. Please check the relationship between Annovis Bio Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Annovis Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Annovis Stock please use our How to Invest in Annovis Bio guide.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Annovis Bio Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Annovis Bio's Property Plant Equipment and Total Assets is 0.23. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Annovis Bio, assuming nothing else is changed. The correlation between historical values of Annovis Bio's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Annovis Bio are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Annovis Bio's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Annovis Bio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Annovis Bio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Annovis Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annovis Bio 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 Annovis Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Annovis Stock please use our How to Invest in Annovis Bio guide.Issuance Of Capital Stock is likely to gain to about 16.2 M in 2024, whereas Discontinued Operations is likely to drop (6.3 M) in 2024.
 2021 2022 2023 2024 (projected)
Research Development8.5M16.5M38.8M40.7M
Other Operating Expenses14.5M25.5M45.0M47.3M

Annovis Bio fundamental ratios Correlations

0.470.620.920.75-0.360.520.930.21-0.03-0.160.65-0.040.990.12-0.150.230.19-0.15-0.920.920.670.62-0.340.70.89
0.470.630.160.83-0.890.290.42-0.2-0.27-0.040.890.670.5-0.42-0.23-0.2-0.15-0.3-0.390.380.780.810.440.860.28
0.620.630.420.59-0.470.910.350.540.130.010.520.390.550.36-0.20.570.49-0.26-0.320.320.450.530.140.510.29
0.920.160.420.5-0.030.410.890.210.1-0.190.36-0.420.910.240.00.210.150.02-0.90.90.440.39-0.640.430.93
0.750.830.590.5-0.880.340.69-0.05-0.09-0.210.980.450.76-0.24-0.12-0.030.05-0.21-0.660.650.940.860.230.980.54
-0.36-0.89-0.47-0.03-0.88-0.18-0.310.150.170.12-0.93-0.75-0.370.430.20.150.060.320.27-0.26-0.84-0.8-0.61-0.89-0.12
0.520.290.910.410.34-0.180.190.820.360.020.220.190.410.69-0.130.850.76-0.16-0.170.160.180.220.030.210.16
0.930.420.350.890.69-0.310.19-0.11-0.24-0.140.63-0.120.97-0.15-0.15-0.1-0.14-0.13-1.01.00.680.63-0.450.70.97
0.21-0.20.540.21-0.050.150.82-0.110.52-0.07-0.18-0.030.090.81-0.20.980.82-0.220.12-0.12-0.2-0.21-0.02-0.19-0.11
-0.03-0.270.130.1-0.090.170.36-0.240.52-0.15-0.24-0.36-0.130.690.570.490.670.530.24-0.25-0.28-0.330.08-0.25-0.24
-0.16-0.040.01-0.19-0.210.120.02-0.14-0.07-0.15-0.170.13-0.16-0.07-0.08-0.06-0.11-0.060.15-0.14-0.180.20.07-0.17-0.14
0.650.890.520.360.98-0.930.220.63-0.18-0.24-0.170.560.67-0.39-0.18-0.17-0.09-0.27-0.60.590.950.890.321.00.47
-0.040.670.39-0.420.45-0.750.19-0.12-0.03-0.360.130.56-0.04-0.32-0.370.010.02-0.450.17-0.170.390.460.830.5-0.32
0.990.50.550.910.76-0.370.410.970.09-0.13-0.160.67-0.040.0-0.170.10.05-0.17-0.960.960.70.66-0.370.730.93
0.12-0.420.360.24-0.240.430.69-0.150.810.69-0.07-0.39-0.320.00.350.870.90.360.16-0.15-0.39-0.41-0.19-0.39-0.1
-0.15-0.23-0.20.0-0.120.2-0.13-0.15-0.20.57-0.08-0.18-0.37-0.170.35-0.110.270.980.14-0.14-0.2-0.220.0-0.18-0.12
0.23-0.20.570.21-0.030.150.85-0.10.980.49-0.06-0.170.010.10.87-0.110.88-0.130.12-0.12-0.18-0.2-0.01-0.17-0.1
0.19-0.150.490.150.050.060.76-0.140.820.67-0.11-0.090.020.050.90.270.880.260.16-0.17-0.13-0.210.14-0.1-0.18
-0.15-0.3-0.260.02-0.210.32-0.16-0.13-0.220.53-0.06-0.27-0.45-0.170.360.98-0.130.260.12-0.12-0.27-0.31-0.1-0.26-0.09
-0.92-0.39-0.32-0.9-0.660.27-0.17-1.00.120.240.15-0.60.17-0.960.160.140.120.160.12-1.0-0.65-0.610.48-0.67-0.98
0.920.380.320.90.65-0.260.161.0-0.12-0.25-0.140.59-0.170.96-0.15-0.14-0.12-0.17-0.12-1.00.640.61-0.490.660.98
0.670.780.450.440.94-0.840.180.68-0.2-0.28-0.180.950.390.7-0.39-0.2-0.18-0.13-0.27-0.650.640.890.10.960.56
0.620.810.530.390.86-0.80.220.63-0.21-0.330.20.890.460.66-0.41-0.22-0.2-0.21-0.31-0.610.610.890.150.90.52
-0.340.440.14-0.640.23-0.610.03-0.45-0.020.080.070.320.83-0.37-0.190.0-0.010.14-0.10.48-0.490.10.150.24-0.64
0.70.860.510.430.98-0.890.210.7-0.19-0.25-0.171.00.50.73-0.39-0.18-0.17-0.1-0.26-0.670.660.960.90.240.54
0.890.280.290.930.54-0.120.160.97-0.11-0.24-0.140.47-0.320.93-0.1-0.12-0.1-0.18-0.09-0.980.980.560.52-0.640.54
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Annovis Bio Account Relationship Matchups

Annovis Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1M8.1M46.0M36.0M10.2M14.9M
Other Current Liab776.9K236.5K818.4K3.7M3.0M3.1M
Total Current Liabilities2.0M578.4K1.5M7.7M4.3M3.0M
Total Stockholder Equity(8.6M)7.5M44.5M28.3M(7.8M)(7.4M)
Net Tangible Assets(7.6M)(8.6M)7.5M44.5M51.2M53.7M
Retained Earnings(8.8M)(14.2M)(28.7M)(54.1M)(110.3M)(104.7M)
Accounts Payable1.2M341.9K688.1K4.0M1.3M1.5M
Cash1.9K8.1M45.7M28.4M5.8M9.4M
Other Current Assets745.7M38.2K72.8K104.9K4.5M4.2M
Other Stockholder Equity200.6K21.8M73.2M82.4M102.5M107.6M
Total Liab9.7M578.4K1.5M7.7M18.0M18.9M
Total Current Assets747.5K8.1M46.0M36.0M10.2M12.9M
Net Debt497.9K(8.1M)(45.7M)(28.4M)(5.8M)(6.0M)
Cash And Short Term Investments1.9K8.1M45.7M28.4M5.8M5.5M
Common Stock Shares Outstanding6.8M6.3M7.6M8.2M9.0M7.3M
Liabilities And Stockholders Equity1.1M8.1M46.0M36.0M10.2M16.0M
Non Current Liabilities Total7.7M341.9K688.1K4.0M13.7M14.4M
Capital Surpluse192.1K200.6K21.8M73.2M84.2M88.4M
Net Invested Capital(8.1M)7.5M44.5M28.3M(7.8M)(7.4M)
Net Working Capital(1.3M)7.5M44.5M28.3M5.9M5.6M

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