Durect Financial Statements From 2010 to 2024

DRRX Stock  USD 1.21  0.13  9.70%   
Durect financial statements provide useful quarterly and yearly information to potential Durect investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Durect financial statements helps investors assess Durect's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Durect's valuation are summarized below:
Gross Profit
16.5 M
Market Capitalization
36.1 M
Enterprise Value Revenue
2.2038
Revenue
8.5 M
Earnings Share
(1.53)
We have found one hundred twenty available fundamental signals for Durect, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Durect prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Durect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Durect main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 1.9 M or Total Revenue of 8.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Operating Cycle of 282 or Price Book Value Ratio of 1.0. Durect financial statements analysis is a perfect complement when working with Durect Valuation or Volatility modules.
  
This module can also supplement Durect's financial leverage analysis and stock options assessment as well as various Durect Technical models . Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Durect Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets56.3 M45.2 M54.3 M
Slightly volatile
Short and Long Term Debt Total24.1 M20.7 M19 M
Slightly volatile
Other Current Liabilities4.7 M7.2 M4.7 M
Slightly volatile
Total Current Liabilities14.7 M27 M14.3 M
Slightly volatile
Total Stockholder Equity27.8 M14.8 M24.2 M
Slightly volatile
Property Plant And Equipment Net3.7 M4.1 M2.7 M
Slightly volatile
Accounts Payable1.9 M1.8 M1.6 M
Slightly volatile
Cash26 M28.4 M20.6 M
Slightly volatile
Non Current Assets Total13.2 M10.5 M10.1 M
Slightly volatile
Non Currrent Assets Other121.6 K128 K655 K
Slightly volatile
Cash And Short Term Investments36.9 M29.7 M35.8 M
Slightly volatile
Net Receivables1.2 M1.3 M2.2 M
Pretty Stable
Common Stock Total Equity27.8 K26.4 K15.9 K
Slightly volatile
Common Stock Shares Outstanding27.6 M26.3 M15.6 M
Slightly volatile
Liabilities And Stockholders Equity56.3 M45.2 M54.3 M
Slightly volatile
Non Current Liabilities Total3.2 M3.4 M15.1 M
Very volatile
Inventory2.9 M2.2 M2.8 M
Pretty Stable
Other Current Assets2.3 M1.5 M2.3 M
Slightly volatile
Other Stockholder Equity381 M674.3 M443.5 M
Slightly volatile
Total Liabilities39.1 M30.4 M30.8 M
Slightly volatile
Property Plant And Equipment Gross3.7 M1.9 M2.5 M
Slightly volatile
Total Current Assets43.1 M34.7 M44.2 M
Slightly volatile
Short Term Debt18.9 M18 M7.8 M
Pretty Stable
Intangible Assets3.2 M5.8 M4.5 M
Slightly volatile
Common Stock27.8 K26.4 K15.9 K
Slightly volatile
Property Plant Equipment160.7 K169.2 K1.5 M
Slightly volatile
Other Liabilities727.6 K765.9 K4.1 M
Slightly volatile
Current Deferred Revenue107.1 K112.7 K4.3 M
Very volatile
Other Assets347.1 K365.4 K1.2 M
Very volatile
Good Will6.9 M7.1 M6.3 M
Slightly volatile
Capital Surpluse509.9 M674.3 M473.7 M
Slightly volatile
Deferred Long Term Liabilities934.5 K983.7 K5.2 M
Slightly volatile
Long Term Investments929.8 K900 K1.2 M
Slightly volatile
Non Current Liabilities Other1.1 M765.9 K1.2 M
Pretty Stable
Long Term Debt Total21 M23.7 M19.4 M
Pretty Stable
Short and Long Term Debt11.8 M19.1 M14.8 M
Slightly volatile
Net Invested Capital56.9 M53.1 M47.4 M
Slightly volatile
Net Working Capital19 M20 M32.4 M
Very volatile
Capital Stock22.2 K26.4 K18.5 K
Slightly volatile
Capital Lease Obligations3.5 M1.9 M5.4 M
Slightly volatile

Durect Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.3 M1.9 M820.9 K
Slightly volatile
Total Revenue8.1 M8.5 M22.1 M
Pretty Stable
Gross Profit6.5 M6.8 M18.6 M
Pretty Stable
Other Operating Expenses49.1 M45.4 M42.9 M
Slightly volatile
Research Development30.6 M29.4 M26.6 M
Slightly volatile
Total Operating Expenses45.3 M43.7 M39.3 M
Slightly volatile
Selling General Administrative11.6 M16.1 M13.9 M
Pretty Stable
Selling And Marketing Expenses92.8 K104.4 K113.7 K
Slightly volatile
Interest Income3.5 M3.4 M1.7 M
Very volatile
Discontinued Operations11 M12.4 M13.5 M
Slightly volatile
Reconciled Depreciation211.4 K164 K341.4 K
Slightly volatile

Durect Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow25.4 M50.5 M20.1 M
Slightly volatile
Depreciation155.8 K164 K430.5 K
Slightly volatile
Capital Expenditures66.5 K70 K359 K
Slightly volatile
Total Cash From Financing Activities15.1 M21.7 M17.3 M
Pretty Stable
End Period Cash Flow26.5 M39.1 M21.4 M
Slightly volatile
Stock Based CompensationM2.5 M3.1 M
Slightly volatile
Sale Purchase Of Stock91.8 K96.6 K11.1 M
Pretty Stable
Issuance Of Capital Stock613.7 K646 K15.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.721.8122273
Slightly volatile
Operating Cycle282526349
Slightly volatile
Price Book Value Ratio1.01.047910.4528
Slightly volatile
Ebt Per Ebit0.840.74891.0488
Pretty Stable
Company Equity Multiplier2.343.05683.2364
Pretty Stable
Long Term Debt To Capitalization0.340.350.4504
Slightly volatile
Cash Per Share1.071.13042.6929
Slightly volatile
Total Debt To Capitalization0.370.54970.4192
Very volatile
Quick Ratio1.091.14553.7334
Slightly volatile
Net Income Per E B T1.011.161.0248
Pretty Stable
Cash Ratio1.01.05141.6795
Pretty Stable
Days Of Sales Outstanding72.1553.844872.3024
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.191.151.049
Very volatile
Price To Book Ratio1.01.047910.4528
Slightly volatile
Current Ratio1.221.28364.3043
Slightly volatile
Fixed Asset Turnover1.992.099712.3552
Pretty Stable
Price Sales Ratio1.721.8122273
Slightly volatile
Receivables Turnover7.876.778711.3361
Very volatile
Asset Turnover0.270.18920.4219
Slightly volatile
Gross Profit Margin1.020.79911.0527
Slightly volatile
Price Fair Value1.01.047910.4528
Slightly volatile

Durect Fundamental Market Drivers

Cash And Short Term Investments29.7 M

Durect Upcoming Events

5th of March 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Durect Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Durect income statement, its balance sheet, and the statement of cash flows. Durect investors use historical funamental indicators, such as Durect's revenue or net income, to determine how well the company is positioned to perform in the future. Although Durect investors may use each financial statement separately, they are all related. The changes in Durect's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Durect's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Durect Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue112.7 K107.1 K
Total Revenue8.5 M8.1 M
Cost Of Revenue1.7 M1.6 M
Ebit Per Revenue(4.31)(4.53)

Pair Trading with Durect

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Durect position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Durect will appreciate offsetting losses from the drop in the long position's value.

Moving against Durect Stock

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The ability to find closely correlated positions to Durect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Durect when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Durect - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Durect to buy it.
The correlation of Durect is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Durect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Durect moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Durect can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Durect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Durect'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 Durect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Durect Stock:
Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Durect Stock analysis

When running Durect's price analysis, check to measure Durect's 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 Durect is operating at the current time. Most of Durect's value examination focuses on studying past and present price action to predict the probability of Durect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durect's price. Additionally, you may evaluate how the addition of Durect to your portfolios can decrease your overall portfolio volatility.
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Is Durect's industry 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 Durect. If investors know Durect 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 Durect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.53)
Revenue Per Share
0.326
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.44)
Return On Equity
(1.39)
The market value of Durect is measured differently than its book value, which is the value of Durect that is recorded on the company's balance sheet. Investors also form their own opinion of Durect's value that differs from its market value or its book value, called intrinsic value, which is Durect'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 Durect's market value can be influenced by many factors that don't directly affect Durect'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 Durect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Durect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durect'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.