NuCana Accounts Payable vs Total Assets Analysis

NCNA Stock  USD 1.26  0.04  3.08%   
NuCana PLC financial indicator trend analysis is infinitely more than just investigating NuCana PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NuCana PLC is a good investment. Please check the relationship between NuCana PLC Accounts Payable and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuCana PLC. 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 information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NuCana PLC Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NuCana PLC's Accounts Payable and Total Assets is 0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of NuCana PLC, assuming nothing else is changed. The correlation between historical values of NuCana PLC's Accounts Payable and Total Assets 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 NuCana PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., NuCana PLC's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents NuCana PLC 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 NuCana PLC 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 Assets

Total assets refers to the total amount of NuCana PLC 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 NuCana PLC 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.
Most indicators from NuCana PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NuCana PLC 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 NuCana PLC. 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 information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.At present, NuCana PLC's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.13, whereas Selling General Administrative is forecasted to decline to about 5.5 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization942K732K575K807.3K
Interest Income103K669K754K584.6K

NuCana PLC fundamental ratios Correlations

0.050.060.980.820.090.110.970.540.110.1-0.090.260.071.00.480.550.530.360.46-0.870.510.95-0.150.010.41
0.050.99-0.17-0.06-0.890.91-0.120.670.830.140.450.840.990.00.220.49-0.080.760.71-0.30.640.150.920.91-0.72
0.060.99-0.15-0.06-0.890.94-0.090.670.810.190.410.821.00.020.30.5-0.080.770.72-0.280.620.140.920.91-0.73
0.98-0.17-0.150.80.29-0.10.980.38-0.080.06-0.170.07-0.150.980.40.420.530.180.29-0.80.360.91-0.35-0.190.57
0.82-0.06-0.060.8-0.060.020.790.50.27-0.03-0.170.26-0.050.810.510.570.510.340.42-0.780.510.82-0.19-0.060.18
0.09-0.89-0.890.29-0.06-0.840.24-0.65-0.92-0.21-0.22-0.84-0.890.14-0.32-0.540.09-0.79-0.710.2-0.66-0.01-0.9-0.890.9
0.110.910.94-0.10.02-0.84-0.040.690.80.190.360.830.940.070.320.620.160.80.74-0.360.610.20.770.83-0.73
0.97-0.12-0.090.980.790.24-0.040.35-0.070.2-0.250.05-0.090.980.540.370.490.170.26-0.760.320.86-0.28-0.170.5
0.540.670.670.380.5-0.650.690.350.790.190.130.910.680.490.340.930.350.930.99-0.730.960.620.50.73-0.38
0.110.830.81-0.080.27-0.920.8-0.070.790.070.280.930.810.060.180.720.130.850.81-0.480.80.290.760.81-0.75
0.10.140.190.06-0.03-0.210.190.20.190.07-0.710.090.20.090.480.18-0.060.20.19-0.030.2-0.050.20.22-0.17
-0.090.450.41-0.17-0.17-0.220.36-0.250.130.28-0.710.280.41-0.1-0.390.02-0.150.130.16-0.070.050.070.30.25-0.14
0.260.840.820.070.26-0.840.830.050.910.930.090.280.830.210.20.820.260.960.93-0.580.890.410.710.87-0.63
0.070.991.0-0.15-0.05-0.890.94-0.090.680.810.20.410.830.030.310.52-0.070.790.73-0.290.630.140.910.92-0.73
1.00.00.020.980.810.140.070.980.490.060.09-0.10.210.030.480.50.520.30.41-0.850.460.94-0.2-0.050.45
0.480.220.30.40.51-0.320.320.540.340.180.48-0.390.20.310.480.280.210.370.36-0.270.320.290.240.3-0.25
0.550.490.50.420.57-0.540.620.370.930.720.180.020.820.520.50.280.430.880.92-0.740.910.630.320.55-0.29
0.53-0.08-0.080.530.510.090.160.490.350.13-0.06-0.150.26-0.070.520.210.430.230.28-0.650.30.63-0.34-0.080.07
0.360.760.770.180.34-0.790.80.170.930.850.20.130.960.790.30.370.880.230.96-0.560.90.430.660.87-0.57
0.460.710.720.290.42-0.710.740.260.990.810.190.160.930.730.410.360.920.280.96-0.640.950.520.570.79-0.46
-0.87-0.3-0.28-0.8-0.780.2-0.36-0.76-0.73-0.48-0.03-0.07-0.58-0.29-0.85-0.27-0.74-0.65-0.56-0.64-0.71-0.97-0.04-0.21-0.12
0.510.640.620.360.51-0.660.610.320.960.80.20.050.890.630.460.320.910.30.90.95-0.710.590.530.71-0.38
0.950.150.140.910.82-0.010.20.860.620.29-0.050.070.410.140.940.290.630.630.430.52-0.970.59-0.10.060.3
-0.150.920.92-0.35-0.19-0.90.77-0.280.50.760.20.30.710.91-0.20.240.32-0.340.660.57-0.040.53-0.10.91-0.78
0.010.910.91-0.19-0.06-0.890.83-0.170.730.810.220.250.870.92-0.050.30.55-0.080.870.79-0.210.710.060.91-0.76
0.41-0.72-0.730.570.180.9-0.730.5-0.38-0.75-0.17-0.14-0.63-0.730.45-0.25-0.290.07-0.57-0.46-0.12-0.380.3-0.78-0.76
Click cells to compare fundamentals

NuCana PLC Account Relationship Matchups

NuCana PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.3M107.8M77.5M58.3M27.8M26.4M
Other Current Liab3.5M5.2M9.3M13.9M8.9M5.3M
Total Current Liabilities6.2M8.1M11.7M19.3M12.7M7.9M
Total Stockholder Equity63.5M99.2M65.5M38.5M14.9M14.1M
Net Tangible Assets59.6M94.5M63.1M36.1M41.6M66.3M
Retained Earnings(80.1M)(110.6M)(149.7M)(180.6M)(207.7M)(197.3M)
Accounts Payable2.4M2.3M1.8M4.8M3.4M2.2M
Cash52.0M87.4M60.3M41.9M17.2M16.4M
Other Assets46K44K2.6M103K118.5K112.5K
Net Receivables13.2M14.5M11.3M10.3M5.8M8.2M
Common Stock Total Equity1.3M1.3M1.3M2.0M2.4M2.5M
Inventory(1.8M)(13.2K)(14.5K)(11.3K)(13.1K)(13.7K)
Other Current Assets13.2K3.8M3.1M13.0M2.0M1.9M
Other Stockholder Equity143.6M140.9M141.1M141.1M141.3M105.1M
Total Liab6.7M8.6M11.9M19.8M12.9M8.1M
Total Current Assets65.2M101.8M71.6M54.9M25.0M23.8M
Accumulated Other Comprehensive Income62.7M66.9M72.1M75.9M79.2M53.0M
Short Term Debt268K556K414K486K206K212.3K
Intangible Assets4.0M4.8M2.4M2.4M2.1M2.6M
Common Stock80.8M2.0M2.1M2.1M2.1M2.0M
Property Plant Equipment1.1M1.2M851K866K995.9K594.5K
Property Plant And Equipment Net1.1M1.2M851K866K521K654.3K
Net Debt(51.2M)(86.7M)(59.9M)(41.3M)(16.8M)(17.7M)
Non Current Assets Total5.1M6.0M5.9M3.3M2.8M3.8M
Non Currrent Assets Other(5.1K)(5.9K)2.5M(3.2K)(3.7K)(3.5K)
Cash And Short Term Investments52.0M87.4M60.3M41.9M17.2M16.4M
Common Stock Shares Outstanding1.3M1.5M2.1M2.1M2.1M1.7M
Liabilities And Stockholders Equity70.3M107.8M77.5M58.3M27.8M26.4M
Non Current Liabilities Total564K413K210K442K248K234.8K
Capital Lease Obligations806K645K371K639K396K349.2K
Property Plant And Equipment Gross1.6M1.2M2.2M2.3M2.3M1.2M
Short Long Term Debt Total806K645K371K639K396K392.8K
Net Invested Capital63.5M99.2M65.5M38.5M14.9M14.1M
Net Working Capital59.0M93.7M59.9M35.6M12.3M11.7M
Capital Stock1.3M2.0M2.1M143.2M2.1M2.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether NuCana PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NuCana PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nucana Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nucana Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuCana PLC. 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 information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(14.92)
Return On Assets
(0.68)
Return On Equity
(1.81)
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC'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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC'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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC'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.