Transcode Net Working Capital vs Other Liab Analysis

RNAZ Stock  USD 9.75  9.48  3,511%   
Transcode Therapeutics financial indicator trend analysis is much more than just breaking down Transcode Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transcode Therapeutics is a good investment. Please check the relationship between Transcode Therapeutics Net Working Capital and its Other Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transcode Therapeutics. 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.
For more information on how to buy Transcode Stock please use our How to Invest in Transcode Therapeutics guide.

Net Working Capital vs Other Liab

Net Working Capital vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transcode Therapeutics Net Working Capital account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Transcode Therapeutics' Net Working Capital and Other Liab is 0.42. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Liab in the same time period over historical financial statements of Transcode Therapeutics, assuming nothing else is changed. The correlation between historical values of Transcode Therapeutics' Net Working Capital and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Transcode Therapeutics are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Working Capital i.e., Transcode Therapeutics' Net Working Capital and Other Liab go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Other Liab

Most indicators from Transcode Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transcode 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transcode Therapeutics. 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.
For more information on how to buy Transcode Stock please use our How to Invest in Transcode Therapeutics guide.At this time, Transcode Therapeutics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.07 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 11.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization42.5K98.6K516.7K304.6K
Interest Income664.020.4K14.8K7.9K

Transcode Therapeutics fundamental ratios Correlations

0.830.57-0.830.870.650.080.67-0.60.920.53-0.580.980.540.690.21-0.010.850.54-0.420.550.110.760.480.390.43
0.830.52-0.830.870.64-0.240.67-0.250.90.47-0.530.810.530.860.640.420.950.53-0.610.680.10.930.450.150.42
0.570.52-0.340.590.980.360.97-0.570.590.99-0.990.520.980.33-0.13-0.180.520.98-0.170.22-0.380.250.980.560.96
-0.83-0.83-0.34-0.96-0.390.46-0.440.59-0.95-0.240.28-0.79-0.24-0.95-0.390.02-0.74-0.240.84-0.920.17-0.71-0.180.16-0.11
0.870.870.59-0.960.63-0.290.67-0.670.990.5-0.530.830.490.920.29-0.070.780.49-0.780.85-0.260.690.450.030.38
0.650.640.98-0.390.630.371.0-0.490.650.98-0.990.620.980.380.0-0.030.630.98-0.190.22-0.220.410.970.620.95
0.08-0.240.360.46-0.290.370.31-0.08-0.20.45-0.450.150.45-0.61-0.57-0.2-0.110.450.71-0.720.34-0.180.470.90.5
0.670.670.97-0.440.671.00.31-0.510.690.96-0.980.640.970.430.03-0.020.660.97-0.250.28-0.230.440.950.580.94
-0.6-0.25-0.570.59-0.67-0.49-0.08-0.51-0.63-0.510.47-0.57-0.4-0.410.490.77-0.18-0.40.45-0.50.53-0.01-0.43-0.16-0.34
0.920.90.59-0.950.990.65-0.20.69-0.630.52-0.560.90.520.890.310.00.830.52-0.720.79-0.130.760.470.140.41
0.530.470.99-0.240.50.980.450.96-0.510.52-1.00.50.990.23-0.16-0.150.490.99-0.050.1-0.310.221.00.650.98
-0.58-0.53-0.990.28-0.53-0.99-0.45-0.980.47-0.56-1.0-0.55-1.0-0.260.090.07-0.56-1.00.06-0.110.23-0.31-0.99-0.67-0.98
0.980.810.52-0.790.830.620.150.64-0.570.90.5-0.550.510.630.160.00.80.51-0.40.480.220.780.450.460.4
0.540.530.98-0.240.490.980.450.97-0.40.520.99-1.00.510.24-0.05-0.020.561.0-0.030.08-0.210.310.990.670.99
0.690.860.33-0.950.920.38-0.610.43-0.410.890.23-0.260.630.240.570.160.750.24-0.90.96-0.250.720.18-0.310.13
0.210.64-0.13-0.390.290.0-0.570.030.490.31-0.160.090.16-0.050.570.870.64-0.05-0.370.430.30.73-0.13-0.33-0.1
-0.010.42-0.180.02-0.07-0.03-0.2-0.020.770.0-0.150.070.0-0.020.160.870.46-0.020.04-0.040.590.6-0.1-0.02-0.02
0.850.950.52-0.740.780.63-0.110.66-0.180.830.49-0.560.80.560.750.640.460.56-0.40.540.190.910.480.260.47
0.540.530.98-0.240.490.980.450.97-0.40.520.99-1.00.511.00.24-0.05-0.020.56-0.030.08-0.210.310.990.670.99
-0.42-0.61-0.170.84-0.78-0.190.71-0.250.45-0.72-0.050.06-0.4-0.03-0.9-0.370.04-0.4-0.03-0.950.42-0.450.00.510.06
0.550.680.22-0.920.850.22-0.720.28-0.50.790.1-0.110.480.080.960.43-0.040.540.08-0.95-0.430.510.04-0.5-0.03
0.110.1-0.380.17-0.26-0.220.34-0.230.53-0.13-0.310.230.22-0.21-0.250.30.590.19-0.210.42-0.430.45-0.280.41-0.23
0.760.930.25-0.710.690.41-0.180.44-0.010.760.22-0.310.780.310.720.730.60.910.31-0.450.510.450.210.180.2
0.480.450.98-0.180.450.970.470.95-0.430.471.0-0.990.450.990.18-0.13-0.10.480.990.00.04-0.280.210.660.99
0.390.150.560.160.030.620.90.58-0.160.140.65-0.670.460.67-0.31-0.33-0.020.260.670.51-0.50.410.180.660.68
0.430.420.96-0.110.380.950.50.94-0.340.410.98-0.980.40.990.13-0.1-0.020.470.990.06-0.03-0.230.20.990.68
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Transcode Therapeutics Account Relationship Matchups

Transcode Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities62.9K404.9K2.5M4.3M3.5M2.0M
Net Tangible Assets(1.1M)(3.4M)20.4M3.2M3.7M4.1M
Retained Earnings(1.1M)(3.5M)(10.3M)(27.9M)(46.4M)(44.1M)
Other Stockholder Equity7.7K65.9K30.7M31.1M48.1M50.5M
Total Current Assets204.5K831.2K22.7M7.4M4.5M6.6M

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When running Transcode Therapeutics' price analysis, check to measure Transcode Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcode Therapeutics is operating at the current time. Most of Transcode Therapeutics' value examination focuses on studying past and present price action to predict the probability of Transcode Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcode Therapeutics' price. Additionally, you may evaluate how the addition of Transcode Therapeutics to your portfolios can decrease your overall portfolio volatility.