Pasithea Short Long Term Debt Total vs Net Working Capital Analysis

KTTAW Stock  USD 0.02  0  8.97%   
Pasithea Therapeutics financial indicator trend analysis is much more than just breaking down Pasithea Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pasithea Therapeutics is a good investment. Please check the relationship between Pasithea Therapeutics Short Long Term Debt Total and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pasithea Therapeutics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Long Term Debt Total vs Net Working Capital

Short Long Term Debt Total vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pasithea Therapeutics Short Long Term Debt Total account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pasithea Therapeutics' Short Long Term Debt Total and Net Working Capital is -0.3. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Pasithea Therapeutics Corp, assuming nothing else is changed. The correlation between historical values of Pasithea Therapeutics' Short Long Term Debt Total and Net Working 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 Short Long Term Debt Total of Pasithea Therapeutics Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Long Term Debt Total i.e., Pasithea Therapeutics' Short Long Term Debt Total and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Net Working Capital

Most indicators from Pasithea Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pasithea Therapeutics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pasithea Therapeutics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Pasithea Therapeutics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 31 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 16.32 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.5M15.3M16.0M9.9M
Depreciation And Amortization1.4K5.1K648.5K680.9K

Pasithea Therapeutics fundamental ratios Correlations

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-0.96-0.35-0.54-0.970.42-0.48-0.99-0.99-0.83-0.74-0.86-0.8-0.97-0.980.05-0.990.050.22-0.480.220.220.220.220.220.2
-0.63-0.94-0.94-0.610.42-1.0-0.51-0.51-0.85-0.7-0.81-0.86-0.61-0.520.85-0.480.850.92-0.510.920.910.920.920.920.79
0.680.940.920.67-0.48-1.00.580.580.880.730.840.880.670.58-0.830.55-0.83-0.910.5-0.91-0.91-0.91-0.91-0.9-0.81
0.980.460.570.99-0.99-0.510.581.00.870.770.890.830.991.0-0.161.0-0.16-0.330.48-0.33-0.34-0.33-0.33-0.31-0.36
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0.940.740.90.93-0.83-0.850.880.870.870.91.00.990.930.88-0.50.86-0.5-0.650.66-0.65-0.65-0.65-0.65-0.65-0.56
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0.910.730.930.9-0.8-0.860.880.830.830.990.90.990.90.84-0.50.81-0.5-0.660.68-0.65-0.64-0.65-0.66-0.66-0.51
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0.990.460.580.99-0.98-0.520.581.01.00.880.780.890.840.99-0.161.0-0.16-0.330.49-0.33-0.34-0.33-0.33-0.32-0.36
-0.25-0.95-0.66-0.230.050.85-0.83-0.16-0.16-0.5-0.22-0.46-0.5-0.23-0.16-0.131.00.980.010.980.980.980.980.980.86
0.980.430.550.98-0.99-0.480.551.01.00.860.760.870.810.981.0-0.13-0.13-0.30.47-0.3-0.31-0.3-0.3-0.28-0.34
-0.25-0.95-0.66-0.230.050.85-0.83-0.16-0.16-0.5-0.22-0.46-0.5-0.23-0.161.0-0.130.980.010.980.980.980.980.980.86
-0.42-0.99-0.77-0.40.220.92-0.91-0.33-0.33-0.65-0.38-0.61-0.66-0.4-0.330.98-0.30.98-0.131.01.01.01.01.00.86
0.60.180.660.59-0.48-0.510.50.480.480.660.910.650.680.590.490.010.470.01-0.13-0.13-0.13-0.13-0.13-0.13-0.11
-0.42-0.99-0.76-0.40.220.92-0.91-0.33-0.33-0.65-0.38-0.61-0.65-0.4-0.330.98-0.30.981.0-0.131.01.01.00.990.88
-0.42-0.99-0.74-0.410.220.91-0.91-0.34-0.34-0.65-0.39-0.6-0.64-0.41-0.340.98-0.310.981.0-0.131.01.01.00.980.91
-0.42-0.99-0.76-0.40.220.92-0.91-0.33-0.33-0.65-0.38-0.61-0.65-0.4-0.330.98-0.30.981.0-0.131.01.01.00.990.88
-0.42-0.99-0.77-0.40.220.92-0.91-0.33-0.33-0.65-0.38-0.61-0.66-0.4-0.330.98-0.30.981.0-0.131.01.01.01.00.86
-0.41-0.98-0.79-0.390.220.92-0.9-0.31-0.31-0.65-0.37-0.62-0.66-0.39-0.320.98-0.280.981.0-0.130.990.980.991.00.82
-0.41-0.88-0.53-0.40.20.79-0.81-0.36-0.36-0.56-0.37-0.5-0.51-0.4-0.360.86-0.340.860.86-0.110.880.910.880.860.82
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Pasithea Therapeutics Account Relationship Matchups

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