Genprex Change To Netincome vs Other Non Cash Items Analysis

GNPX Stock  USD 1.16  0.10  9.43%   
Genprex financial indicator trend analysis is much more than just examining Genprex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genprex is a good investment. Please check the relationship between Genprex Change To Netincome and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.

Change To Netincome vs Other Non Cash Items

Change To Netincome vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genprex Change To Netincome account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Genprex's Change To Netincome and Other Non Cash Items is -0.31. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Genprex, assuming nothing else is changed. The correlation between historical values of Genprex's Change To Netincome and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Genprex are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Netincome i.e., Genprex's Change To Netincome and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Other Non Cash Items

Most indicators from Genprex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genprex 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.Issuance Of Capital Stock is likely to rise to about 12.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation22.5K25.6K17.7K17.4K
Interest Income5.1K90.1K231.0K242.6K

Genprex fundamental ratios Correlations

0.430.51.00.780.75-0.99-0.620.461.00.740.680.141.00.79-0.740.80.80.810.50.71.00.770.880.72-0.03
0.430.960.380.820.1-0.33-0.880.760.390.790.85-0.010.390.78-0.610.770.690.760.960.660.380.750.320.730.33
0.50.960.450.90.19-0.38-0.960.890.450.830.9-0.090.450.87-0.720.860.830.821.00.770.450.810.290.840.08
1.00.380.450.740.76-0.99-0.580.421.00.690.640.151.00.76-0.710.760.780.770.450.671.00.730.880.68-0.05
0.780.820.90.740.41-0.69-0.970.820.750.850.88-0.040.750.97-0.830.980.940.930.90.840.750.890.520.9-0.05
0.750.10.190.760.41-0.77-0.350.270.750.450.310.190.750.57-0.70.550.520.570.190.720.760.660.840.65-0.18
-0.99-0.33-0.38-0.99-0.69-0.770.52-0.35-0.99-0.69-0.61-0.15-0.99-0.710.66-0.71-0.73-0.76-0.38-0.62-0.99-0.71-0.9-0.630.0
-0.62-0.88-0.96-0.58-0.97-0.350.52-0.88-0.58-0.82-0.870.09-0.58-0.950.84-0.95-0.9-0.9-0.96-0.87-0.58-0.9-0.4-0.930.05
0.460.760.890.420.820.27-0.35-0.880.430.730.810.020.430.82-0.680.810.860.720.890.760.420.750.180.82-0.31
1.00.390.451.00.750.75-0.99-0.580.430.710.650.131.00.76-0.70.760.780.770.450.671.00.730.870.68-0.03
0.740.790.830.690.850.45-0.69-0.820.730.710.96-0.070.710.81-0.720.80.850.910.830.70.690.850.620.770.19
0.680.850.90.640.880.31-0.61-0.870.810.650.96-0.130.650.82-0.690.810.880.840.90.680.630.770.490.770.15
0.14-0.01-0.090.15-0.040.19-0.150.090.020.13-0.07-0.130.130.13-0.040.05-0.110.0-0.090.040.160.10.28-0.02-0.12
1.00.390.451.00.750.75-0.99-0.580.431.00.710.650.130.76-0.70.760.780.770.450.671.00.730.870.68-0.03
0.790.780.870.760.970.57-0.71-0.950.820.760.810.820.130.76-0.91.00.920.930.870.930.770.950.610.96-0.11
-0.74-0.61-0.72-0.71-0.83-0.70.660.84-0.68-0.7-0.72-0.69-0.04-0.7-0.9-0.9-0.8-0.86-0.72-0.94-0.72-0.91-0.65-0.940.15
0.80.770.860.760.980.55-0.71-0.950.810.760.80.810.050.761.0-0.90.920.940.860.930.770.940.590.96-0.12
0.80.690.830.780.940.52-0.73-0.90.860.780.850.88-0.110.780.92-0.80.920.890.830.830.770.850.510.89-0.23
0.810.760.820.770.930.57-0.76-0.90.720.770.910.840.00.770.93-0.860.940.890.820.860.770.970.670.90.03
0.50.961.00.450.90.19-0.38-0.960.890.450.830.9-0.090.450.87-0.720.860.830.820.770.450.810.290.840.08
0.70.660.770.670.840.72-0.62-0.870.760.670.70.680.040.670.93-0.940.930.830.860.770.680.940.60.99-0.17
1.00.380.451.00.750.76-0.99-0.580.421.00.690.630.161.00.77-0.720.770.770.770.450.680.740.880.69-0.05
0.770.750.810.730.890.66-0.71-0.90.750.730.850.770.10.730.95-0.910.940.850.970.810.940.740.680.95-0.03
0.880.320.290.880.520.84-0.9-0.40.180.870.620.490.280.870.61-0.650.590.510.670.290.60.880.680.580.25
0.720.730.840.680.90.65-0.63-0.930.820.680.770.77-0.020.680.96-0.940.960.890.90.840.990.690.950.58-0.14
-0.030.330.08-0.05-0.05-0.180.00.05-0.31-0.030.190.15-0.12-0.03-0.110.15-0.12-0.230.030.08-0.17-0.05-0.030.25-0.14
Click cells to compare fundamentals

Genprex Account Relationship Matchups

Genprex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M31.4M42.9M25.1M10.7M15.4M
Other Current Liab74.4K257.8K612.1K2.4M1.9M1.9M
Total Current Liabilities510.7K450.7K1.6M2.8M3.3M3.4M
Total Stockholder Equity3.0M30.9M41.3M22.3M7.4M14.2M
Net Tangible Assets8.5M2.5M30.3M40.6M46.7M49.1M
Property Plant And Equipment Net44.7K39.4K48.6K23.0K7.9K7.5K
Net Debt(2.0M)(27.3M)(38.6M)(21.0M)(6.7M)(7.1M)
Retained Earnings(40.5M)(58.4M)(78.0M)(102.8M)(133.7M)(127.0M)
Accounts Payable436.3K193.0K973.2K442.9K1.4M1.5M
Cash2.0M27.3M38.6M21.0M6.7M13.0M
Non Current Assets Total557.6K651.8K3.7M3.6M3.1M1.7M
Non Currrent Assets Other21.7K10.7K3.0M2.9M2.4M2.5M
Other Assets21.7K612.4K0.01.00.90.86
Cash And Short Term Investments2.0M27.3M38.6M21.0M6.7M13.0M
Common Stock Total Equity11.7K15.2K19.3K43.1K49.6K52.1K
Common Stock Shares Outstanding400.7K888.1K1.2M1.2M1.4M1.3M
Liabilities And Stockholders Equity3.5M31.4M42.9M25.1M10.7M15.4M
Capital Surpluse17.9M38.7M43.5M89.3M102.7M107.8M
Other Current Assets171.7K384.7K1.0M484.2K794.1K833.8K
Other Stockholder Equity43.5M89.3M120.3M125.1M141.1M73.6M
Total Liab510.7K450.7K1.6M2.8M3.3M3.4M
Property Plant And Equipment Gross7.8K24.4K44.7K39.4K45.4K47.6K
Total Current Assets3.0M30.7M39.1M21.5M7.5M13.8M
Intangible Assets491.2K601.6K642.4K702.1K773.5K523.9K
Common Stock19.3K43.1K47.9K48.1K1.5K1.4K
Property Plant Equipment24.4K44.7K39.4K48.6K55.9K58.7K
Net Receivables8.8K9.3K655.0127.00.034.9K
Net Invested Capital3.0M30.9M41.3M22.3M7.4M7.0M
Net Working Capital2.5M30.3M37.6M18.7M4.3M4.1M
Capital Stock19.3K43.1K47.9K48.1K1.5K1.4K

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