Cybin Historical Balance Sheet
| CYBN Stock | USD 9.93 0.15 1.53% |
Trend analysis of Cybin Inc balance sheet accounts such as Other Current Liab of 276.4 K, Total Current Liabilities of 5.1 M or Total Stockholder Equity of 306.5 M provides information on Cybin's total assets, liabilities, and equity, which is the actual value of Cybin Inc to its prevalent stockholders. By breaking down trends over time using Cybin balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Cybin Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cybin Inc is a good buy for the upcoming year.
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About Cybin Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Cybin Inc at a specified time, usually calculated after every quarter, six months, or one year. Cybin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cybin and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cybin currently owns. An asset can also be divided into two categories, current and non-current.
Cybin Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Cybin 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 Cybin Inc 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.Total Current Liabilities
Total Current Liabilities is an item on Cybin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cybin Inc 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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cybin Inc balance sheet. This account contains Cybin investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cybin Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from Cybin's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cybin Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Cybin Inc. 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 labor statistics. At this time, Cybin's Other Current Assets are very stable compared to the past year. As of the 16th of December 2024, Total Current Assets is likely to grow to about 229.5 M, while Other Current Liabilities is likely to drop about 276.4 K.
| 2020 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 86.1M | 76.2M | 291.9M | 306.5M | Total Current Liabilities | 4.9M | 7.9M | 10.1M | 5.1M |
Cybin balance sheet Correlations
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Cybin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cybin balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 50.0M | 100.0M | 167.3M | 185.4M | 8.3M | 7.9M | |
| Other Current Assets | 1.1M | 1.3M | 4.7M | 6.6M | 9.5M | 10.0M | |
| Other Stockholder Equity | (66.2M) | 18.4M | 10.5M | 68.2M | 11.8M | 7.8M |
Pair Trading with Cybin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cybin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cybin will appreciate offsetting losses from the drop in the long position's value.Moving against Cybin Stock
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.55 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.5 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.48 | LLY | Eli Lilly | PairCorr |
| 0.47 | VALN | Valneva SE ADR | PairCorr |
The ability to find closely correlated positions to Cybin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cybin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cybin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cybin Inc to buy it.
The correlation of Cybin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cybin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cybin Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cybin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cybin Inc. 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 labor statistics. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 Cybin. If investors know Cybin 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 Cybin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.01) | Return On Assets (0.33) | Return On Equity (0.49) |
The market value of Cybin Inc is measured differently than its book value, which is the value of Cybin that is recorded on the company's balance sheet. Investors also form their own opinion of Cybin's value that differs from its market value or its book value, called intrinsic value, which is Cybin'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 Cybin's market value can be influenced by many factors that don't directly affect Cybin'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 Cybin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cybin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cybin'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.