Enzo Accounts Payable vs Total Current Liabilities Analysis

ENZ Stock  USD 1.08  0.05  4.85%   
Enzo Biochem financial indicator trend analysis is much more than just examining Enzo Biochem latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enzo Biochem is a good investment. Please check the relationship between Enzo Biochem Accounts Payable and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enzo Biochem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enzo Stock please use our How to Invest in Enzo Biochem guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enzo Biochem Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Enzo Biochem's Accounts Payable and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Enzo Biochem, assuming nothing else is changed. The correlation between historical values of Enzo Biochem's Accounts Payable 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 Accounts Payable of Enzo Biochem 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 Accounts Payable i.e., Enzo Biochem's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Enzo Biochem obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enzo Biochem are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Enzo Biochem balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Enzo Biochem 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 Enzo Biochem's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enzo Biochem 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enzo Biochem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Enzo Stock please use our How to Invest in Enzo Biochem guide.At this time, Enzo Biochem's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 54.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit42.0M11.6M14.6M13.9M
Total Revenue107.1M31.1M31.9M63.1M

Enzo Biochem fundamental ratios Correlations

0.050.250.320.830.49-0.54-0.150.670.21-0.10.81-0.180.470.020.140.260.30.230.420.9-0.590.010.10.420.47
0.05-0.27-0.24-0.440.410.550.66-0.050.460.790.02-0.55-0.550.97-0.14-0.03-0.620.860.23-0.14-0.45-0.380.36-0.57-0.58
0.25-0.270.510.190.11-0.41-0.360.3-0.19-0.250.3-0.490.26-0.260.010.480.20.050.40.270.33-0.48-0.070.350.36
0.32-0.240.510.180.51-0.11-0.710.020.42-0.60.060.120.74-0.420.510.20.750.260.440.180.190.20.510.70.73
0.83-0.440.190.180.11-0.77-0.330.65-0.12-0.390.720.170.57-0.430.10.160.46-0.340.120.87-0.380.25-0.20.530.58
0.490.410.110.510.110.36-0.35-0.170.87-0.14-0.01-0.280.450.270.670.540.360.630.820.1-0.3-0.080.630.430.44
-0.540.55-0.41-0.11-0.770.360.14-0.860.610.25-0.78-0.05-0.340.490.350.0-0.250.440.16-0.80.1-0.020.49-0.35-0.37
-0.150.66-0.36-0.71-0.33-0.350.140.24-0.240.950.22-0.38-0.860.77-0.63-0.44-0.90.33-0.38-0.01-0.33-0.34-0.27-0.88-0.9
0.67-0.050.30.020.65-0.17-0.860.24-0.430.190.95-0.250.110.0-0.48-0.05-0.040.01-0.050.88-0.41-0.18-0.360.10.11
0.210.46-0.190.42-0.120.870.61-0.24-0.43-0.08-0.30.00.280.280.720.160.30.60.55-0.19-0.180.220.740.180.22
-0.10.79-0.25-0.6-0.39-0.140.250.950.19-0.080.19-0.55-0.80.88-0.51-0.27-0.870.52-0.15-0.04-0.38-0.5-0.19-0.8-0.83
0.810.020.30.060.72-0.01-0.780.220.95-0.30.19-0.280.160.07-0.370.0-0.020.110.030.96-0.56-0.17-0.250.150.16
-0.18-0.55-0.490.120.17-0.28-0.05-0.38-0.250.0-0.55-0.280.35-0.630.16-0.540.5-0.54-0.55-0.120.070.920.150.250.28
0.47-0.550.260.740.570.45-0.34-0.860.110.28-0.80.160.35-0.660.620.340.97-0.170.390.39-0.020.380.210.980.99
0.020.97-0.26-0.42-0.430.270.490.770.00.280.880.07-0.63-0.66-0.260.01-0.760.760.18-0.11-0.45-0.510.17-0.65-0.67
0.14-0.140.010.510.10.670.35-0.63-0.480.72-0.51-0.370.160.62-0.260.380.660.10.62-0.150.190.260.280.560.58
0.26-0.030.480.20.160.540.0-0.44-0.050.16-0.270.0-0.540.340.010.380.20.10.840.080.11-0.56-0.020.470.44
0.3-0.620.20.750.460.36-0.25-0.9-0.040.3-0.87-0.020.50.97-0.760.660.2-0.260.270.220.140.530.250.920.94
0.230.860.050.26-0.340.630.440.330.010.60.520.11-0.54-0.170.760.10.1-0.260.470.01-0.35-0.360.53-0.2-0.2
0.420.230.40.440.120.820.16-0.38-0.050.55-0.150.03-0.550.390.180.620.840.270.470.120.02-0.460.210.430.44
0.9-0.140.270.180.870.1-0.8-0.010.88-0.19-0.040.96-0.120.39-0.11-0.150.080.220.010.12-0.54-0.01-0.210.360.39
-0.59-0.450.330.19-0.38-0.30.1-0.33-0.41-0.18-0.38-0.560.07-0.02-0.450.190.110.14-0.350.02-0.54-0.09-0.180.020.01
0.01-0.38-0.480.20.25-0.08-0.02-0.34-0.180.22-0.5-0.170.920.38-0.510.26-0.560.53-0.36-0.46-0.01-0.090.330.250.29
0.10.36-0.070.51-0.20.630.49-0.27-0.360.74-0.19-0.250.150.210.170.28-0.020.250.530.21-0.21-0.180.330.160.18
0.42-0.570.350.70.530.43-0.35-0.880.10.18-0.80.150.250.98-0.650.560.470.92-0.20.430.360.020.250.160.99
0.47-0.580.360.730.580.44-0.37-0.90.110.22-0.830.160.280.99-0.670.580.440.94-0.20.440.390.010.290.180.99
Click cells to compare fundamentals

Enzo Biochem Account Relationship Matchups

Enzo Biochem fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.5M113.7M95.9M121.9M85.8M100.6M
Short Long Term Debt Total32.8M22.7M20.6M7.0M3.5M3.3M
Other Current Liab10.3M8.1M8.2M34.5M22.5M23.6M
Total Current Liabilities32.8M26.1M24.6M40.0M24.8M15.1M
Total Stockholder Equity58.4M68.6M54.5M78.5M56.1M74.8M
Property Plant And Equipment Net34.4M33.6M32.4M16.7M15.2M12.5M
Net Debt(15.1M)9.2M(1.0M)(75.4M)(48.9M)(46.4M)
Retained Earnings(278.3M)(270.4M)(288.6M)(268.4M)(294.4M)(279.7M)
Cash47.9M13.5M21.6M82.4M52.4M42.5M
Non Current Assets Total43.8M43.1M41.5M23.4M15.7M14.9M
Non Currrent Assets Other1.4M1.8M1.6M1.7M530K503.5K
Cash And Short Term Investments47.9M43.5M21.6M82.4M52.4M46.6M
Net Receivables9.1M10.2M4.8M4.8M4.0M3.8M
Common Stock Shares Outstanding47.7M48.3M48.6M49.2M50.9M37.4M
Liabilities And Stockholders Equity112.5M113.7M95.9M121.9M85.8M100.6M
Non Current Liabilities Total21.4M19.0M16.8M3.4M4.9M7.8M
Inventory7.8M12.7M15.4M7.9M6.8M5.6M
Other Current Assets4.0M4.2M6.9M3.3M6.8M7.2M
Other Stockholder Equity334.5M337.1M339.5M344.4M348.1M220.0M
Total Liab54.2M45.1M41.4M43.4M29.7M18.8M
Property Plant And Equipment Gross34.4M33.6M63.9M34.0M32.0M33.6M
Total Current Assets68.8M70.6M54.4M98.5M70.0M68.6M
Accumulated Other Comprehensive Income1.7M1.4M3.2M1.9M1.9M2.0M
Intangible Assets1.0M538K244K7.5M6.7M6.7M
Accounts Payable8.5M8.1M3.7M3.6M1.4M1.3M
Short Term Debt11.5M7.2M1.1M2.0M917K871.2K
Common Stock Total Equity476K479K485K487K560.1K422.6K
Common Stock479K485K487K499K521K433.3K
Other Assets1.4M1.8M1.6M6.7M6.0M6.3M
Property Plant Equipment14.5M33.6M17.3M16.7M19.2M10.2M
Current Deferred Revenue(391K)2.5M2.7M11.7M5.9M3.7M
Long Term Debt4.5M4.4M4.1M269K189K179.6K
Net Tangible Assets50.4M60.9M47.0M78.5M90.2M58.6M
Retained Earnings Total Equity(252.2M)(249.7M)(278.3M)(288.6M)(259.8M)(272.8M)
Capital Surpluse334.5M337.1M339.5M344.4M396.1M359.7M
Non Current Liabilities Other424K16.9M5K12.8M14.7M15.4M
Short Long Term Debt7.1M152K229K2.6M76K72.2K

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