Benitec Common Stock Total Equity vs Net Invested Capital Analysis
BNTC Stock | USD 10.24 0.51 5.24% |
Benitec Biopharma financial indicator trend analysis is way more than just evaluating Benitec Biopharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Benitec Biopharma is a good investment. Please check the relationship between Benitec Biopharma Common Stock Total Equity and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benitec Biopharma Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Common Stock Total Equity vs Net Invested Capital
Common Stock Total Equity vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benitec Biopharma Common Stock Total Equity account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Benitec Biopharma's Common Stock Total Equity and Net Invested Capital is -0.21. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Benitec Biopharma Ltd, assuming nothing else is changed. The correlation between historical values of Benitec Biopharma's Common Stock Total Equity 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 Common Stock Total Equity of Benitec Biopharma Ltd 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 Common Stock Total Equity i.e., Benitec Biopharma's Common Stock Total Equity and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 Benitec Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benitec Biopharma 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 Benitec Biopharma Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Benitec Biopharma's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.99, whereas Sales General And Administrative To Revenue is forecasted to decline to 30.27.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 17.9M | 19.2M | 22.4M | 13.5M | Cost Of Revenue | 9K | 381K | 108K | 202.0K |
Benitec Biopharma fundamental ratios Correlations
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Benitec Biopharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Benitec Biopharma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.6M | 21.4M | 6.0M | 4.5M | 52.2M | 54.8M | |
Other Current Liab | 662K | 882K | 1.9M | 2.6M | 3.3M | 3.5M | |
Total Current Liabilities | 1.1M | 1.4M | 2.5M | 4.0M | 4.9M | 5.2M | |
Total Stockholder Equity | 10.2M | 20.0M | 2.9M | 202K | 47.2M | 49.6M | |
Property Plant And Equipment Net | 769K | 577K | 993K | 613K | 449K | 517.7K | |
Net Debt | (9.4M) | (19.6M) | (3.3M) | (1.9M) | (50.6M) | (48.1M) | |
Retained Earnings | (116.6M) | (130.1M) | (148.3M) | (167.9M) | (190.3M) | (199.8M) | |
Accounts Payable | 282K | 274K | 422K | 1.1M | 1.4M | 801.4K | |
Cash | 9.8M | 19.8M | 4.1M | 2.5M | 50.9M | 53.4M | |
Non Current Assets Total | 778K | 771K | 1.2M | 735K | 536K | 583.5K | |
Cash And Short Term Investments | 9.8M | 19.8M | 4.1M | 2.5M | 50.9M | 53.4M | |
Net Receivables | 59K | 25K | 3K | 55K | 229K | 217.6K | |
Common Stock Shares Outstanding | 60.1K | 252.7K | 480.7K | 1.4M | 4.1M | 4.3M | |
Liabilities And Stockholders Equity | 11.6M | 21.4M | 6.0M | 4.5M | 52.2M | 54.8M | |
Inventory | 1.0 | 948K | 1.8 | 13K | 63K | 59.9K | |
Other Current Assets | 1K | 814K | 755K | 1.3M | 579K | 480.1K | |
Other Stockholder Equity | 128.8M | 151.6M | 152.5M | 168.9M | 238.4M | 250.3M | |
Total Liab | 1.3M | 1.4M | 3.1M | 4.3M | 5.0M | 5.2M | |
Property Plant And Equipment Gross | 769K | 577K | 993K | 1.9M | 1.9M | 1.9M | |
Total Current Assets | 10.8M | 20.6M | 4.8M | 3.7M | 51.7M | 54.3M | |
Accumulated Other Comprehensive Income | (2.0M) | (1.5M) | (1.2M) | (830K) | (892K) | (847.4K) | |
Property Plant Equipment | 769K | 577K | 993K | 613K | 705.0K | 511.4K | |
Net Tangible Assets | 10.2M | 20.0M | 2.9M | 202K | 181.8K | 172.7K | |
Non Currrent Assets Other | (148K) | 194K | 160K | 122K | 87K | 61.7K | |
Other Assets | 9K | 194K | 160K | 122K | 140.3K | 147.3K | |
Non Current Liabilities Total | 213K | 1.1M | 559K | 284K | 38K | 36.1K | |
Capital Lease Obligations | 405K | 213K | 811K | 559K | 284K | 249.9K | |
Short Term Debt | 192K | 213K | 252K | 275K | 284K | 298.2K | |
Short Long Term Debt Total | 405K | 213K | 811K | 559K | 284K | 277.7K | |
Net Invested Capital | 10.2M | 20.0M | 2.9M | 202K | 47.2M | 49.6M | |
Net Working Capital | 9.7M | 19.2M | 2.3M | (249K) | 46.8M | 49.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Benitec Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Benitec Biopharma's 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 Benitec Biopharma Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Benitec Biopharma Ltd Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benitec Biopharma Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Benitec Biopharma. If investors know Benitec 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 Benitec Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.51) | Revenue Per Share 0.003 | Quarterly Revenue Growth 0.125 | Return On Assets (0.50) | Return On Equity (0.92) |
The market value of Benitec Biopharma is measured differently than its book value, which is the value of Benitec that is recorded on the company's balance sheet. Investors also form their own opinion of Benitec Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Benitec Biopharma's 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 Benitec Biopharma's market value can be influenced by many factors that don't directly affect Benitec Biopharma's 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 Benitec Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Benitec Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benitec Biopharma's 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.