Hemostemix Property Plant Equipment vs Common Stock Analysis

HEM Stock  CAD 0.08  0.01  5.88%   
Hemostemix financial indicator trend analysis is much more than just examining Hemostemix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemostemix is a good investment. Please check the relationship between Hemostemix Property Plant Equipment and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemostemix. 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.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemostemix Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have pay attention.
Property Plant EquipmentCommon StockDiversified AwayProperty Plant EquipmentCommon StockDiversified Away100%
The correlation between Hemostemix's Property Plant Equipment and Common Stock is -0.92. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Hemostemix, assuming nothing else is changed. The correlation between historical values of Hemostemix's Property Plant Equipment and Common Stock 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 Hemostemix are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Hemostemix's Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

Common Stock

Most indicators from Hemostemix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemostemix 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 Hemostemix. 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.
Issuance Of Capital Stock is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

Hemostemix fundamental ratios Correlations

-0.31-0.380.730.73-0.02-0.780.22-0.170.94-0.02-0.130.950.21-0.33-0.20.18-0.31-0.440.071.00.2-0.01-0.01-0.240.0
-0.310.71-0.78-0.73-0.710.76-0.870.57-0.43-0.70.63-0.410.340.820.72-0.420.90.86-0.71-0.27-0.130.78-0.710.44-0.77
-0.380.71-0.75-0.79-0.70.61-0.760.8-0.44-0.720.66-0.410.230.570.79-0.690.720.77-0.5-0.33-0.490.73-0.690.19-0.68
0.73-0.78-0.750.990.54-0.970.8-0.520.70.54-0.590.680.11-0.84-0.70.42-0.84-0.940.60.690.41-0.630.54-0.590.58
0.73-0.73-0.790.990.54-0.940.79-0.560.710.54-0.560.690.09-0.8-0.690.45-0.82-0.910.530.70.5-0.630.54-0.530.59
-0.02-0.71-0.70.540.54-0.430.89-0.650.021.0-0.79-0.03-0.16-0.7-0.890.73-0.79-0.720.67-0.090.34-0.931.0-0.460.97
-0.780.760.61-0.97-0.94-0.43-0.70.36-0.76-0.420.49-0.74-0.140.790.59-0.310.760.87-0.54-0.75-0.250.5-0.430.6-0.47
0.22-0.87-0.760.80.790.89-0.7-0.680.260.88-0.790.23-0.12-0.92-0.890.57-0.97-0.930.780.170.44-0.960.89-0.590.93
-0.170.570.8-0.52-0.56-0.650.36-0.68-0.28-0.640.6-0.260.40.540.63-0.640.690.58-0.46-0.13-0.690.69-0.640.0-0.69
0.94-0.43-0.440.70.710.02-0.760.26-0.280.02-0.130.99-0.1-0.33-0.230.25-0.36-0.430.020.940.18-0.070.04-0.090.08
-0.02-0.7-0.720.540.541.0-0.420.88-0.640.02-0.8-0.04-0.15-0.68-0.890.73-0.77-0.720.66-0.090.33-0.920.99-0.450.95
-0.130.630.66-0.59-0.56-0.790.49-0.790.6-0.13-0.8-0.080.00.620.91-0.750.670.69-0.71-0.08-0.210.85-0.780.54-0.72
0.95-0.41-0.410.680.69-0.03-0.740.23-0.260.99-0.04-0.08-0.11-0.31-0.160.16-0.34-0.410.010.950.17-0.03-0.02-0.060.04
0.210.340.230.110.09-0.16-0.14-0.120.4-0.1-0.150.0-0.11-0.020.04-0.150.17-0.050.110.220.030.2-0.16-0.53-0.26
-0.330.820.57-0.84-0.8-0.70.79-0.920.54-0.33-0.680.62-0.31-0.020.71-0.320.960.94-0.77-0.28-0.460.8-0.70.67-0.79
-0.20.720.79-0.7-0.69-0.890.59-0.890.63-0.23-0.890.91-0.160.040.71-0.840.780.8-0.73-0.15-0.370.89-0.880.47-0.84
0.18-0.42-0.690.420.450.73-0.310.57-0.640.250.73-0.750.16-0.15-0.32-0.84-0.46-0.450.440.130.37-0.610.72-0.050.62
-0.310.90.72-0.84-0.82-0.790.76-0.970.69-0.36-0.770.67-0.340.170.960.78-0.460.94-0.75-0.26-0.480.88-0.790.54-0.88
-0.440.860.77-0.94-0.91-0.720.87-0.930.58-0.43-0.720.69-0.41-0.050.940.8-0.450.94-0.77-0.39-0.430.81-0.720.64-0.75
0.07-0.71-0.50.60.530.67-0.540.78-0.460.020.66-0.710.010.11-0.77-0.730.44-0.75-0.770.030.25-0.70.65-0.490.63
1.0-0.27-0.330.690.7-0.09-0.750.17-0.130.94-0.09-0.080.950.22-0.28-0.150.13-0.26-0.390.030.180.05-0.08-0.21-0.06
0.2-0.13-0.490.410.50.34-0.250.44-0.690.180.33-0.210.170.03-0.46-0.370.37-0.48-0.430.250.18-0.380.340.010.42
-0.010.780.73-0.63-0.63-0.930.5-0.960.69-0.07-0.920.85-0.030.20.80.89-0.610.880.81-0.70.05-0.38-0.920.54-0.95
-0.01-0.71-0.690.540.541.0-0.430.89-0.640.040.99-0.78-0.02-0.16-0.7-0.880.72-0.79-0.720.65-0.080.34-0.92-0.460.97
-0.240.440.19-0.59-0.53-0.460.6-0.590.0-0.09-0.450.54-0.06-0.530.670.47-0.050.540.64-0.49-0.210.010.54-0.46-0.46
0.0-0.77-0.680.580.590.97-0.470.93-0.690.080.95-0.720.04-0.26-0.79-0.840.62-0.88-0.750.63-0.060.42-0.950.97-0.46
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Hemostemix Account Relationship Matchups

Hemostemix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.3K2.3M563.0K465.3K313.8K298.1K
Other Current Liab2.1M3.2M1.0M2.6M3.0M3.2M
Total Current Liabilities4.1M3.4M4.4M2.6M2.9M2.4M
Total Stockholder Equity(4.0M)(1.1M)(5.3M)(6.8M)(7.4M)(7.0M)
Net Tangible Assets487.8K(4.0M)(1.1M)(6.8M)(6.1M)(5.8M)
Net Debt2.0M(83.0K)1.3M4.0M4.2M4.4M
Retained Earnings(41.5M)(49.2M)(55.5M)(60.8M)(63.3M)(60.1M)
Accounts Payable2.1M3.2M4.4M2.4K2.9M1.6M
Cash24.1K258.0K219.4K135.7K155.4K147.6K
Non Current Assets Total4.5K2.0K902.0407.0184.0174.8
Cash And Short Term Investments24.1K258.0K219.4K135.7K155.4K147.6K
Net Receivables75.8K2.1M342.7K138.9K25.1K23.8K
Common Stock Shares Outstanding15.0M32.2M57.4M70.0M82.5M86.6M
Liabilities And Stockholders Equity104.3K2.3M563.0K465.3K313.8K298.1K
Inventory(88.2K)(13.3K)(45.5K)(342.7)(394.1)(413.81)
Other Current Assets13.3K45.5K342.7190.3K133.1K101.6K
Other Stockholder Equity6.0M8.7M10.1M10.2M11.9M12.5M
Total Liab4.1M3.4M5.8M7.2M7.7M8.1M
Total Current Assets99.8K2.3M562.1K464.9K313.6K297.9K
Accumulated Other Comprehensive Income439.7K1.5M1.5M2.7M1.5M1.5M
Net Invested Capital(2.0M)(923.7K)(3.8M)(2.6M)(3.0M)(2.9M)
Net Working Capital(4.0M)(1.1M)(3.8M)(2.2M)(2.6M)(2.4M)

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