Psychemedics Cash from 2010 to 2024

PMD Stock  USD 2.34  0.01  0.43%   
Psychemedics' Cash is increasing over the years with very volatile fluctuation. Overall, Cash is expected to go to about 3.4 M this year. Cash is the total amount of money in the form of currency that Psychemedics has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1988-06-30
Previous Quarter
1.4 M
Current Value
1.4 M
Quarterly Volatility
1.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Psychemedics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Psychemedics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 47 K or Total Revenue of 20.8 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0346 or PTB Ratio of 2.42. Psychemedics financial statements analysis is a perfect complement when working with Psychemedics Valuation or Volatility modules.
  
Check out the analysis of Psychemedics Correlation against competitors.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.

Latest Psychemedics' Cash Growth Pattern

Below is the plot of the Cash of Psychemedics over the last few years. Cash refers to the most liquid asset of Psychemedics, which is listed under current asset account on Psychemedics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Psychemedics customers. The amounts must be unrestricted with restricted cash listed in a different Psychemedics account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Psychemedics' Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Psychemedics' overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Very volatile
   Cash   
       Timeline  

Psychemedics Cash Regression Statistics

Arithmetic Mean3,846,015
Geometric Mean3,236,636
Coefficient Of Variation52.19
Mean Deviation1,442,352
Median3,612,153
Standard Deviation2,007,050
Sample Variance4T
Range7.8M
R-Value0.05
Mean Square Error4.3T
R-Squared0
Significance0.85
Slope24,446
Total Sum of Squares56.4T

Psychemedics Cash History

20243.4 M
2023M
20224.8 M
2021M
20202.8 M
20197.3 M
20184.1 M

Other Fundumenentals of Psychemedics

Psychemedics Cash component correlations

About Psychemedics Financial Statements

Psychemedics stakeholders use historical fundamental indicators, such as Psychemedics' Cash, to determine how well the company is positioned to perform in the future. Although Psychemedics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Psychemedics' assets and liabilities are reflected in the revenues and expenses on Psychemedics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Psychemedics. Please read more on our technical analysis and fundamental analysis pages.

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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 Psychemedics is a strong investment it is important to analyze Psychemedics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Psychemedics' future performance. For an informed investment choice regarding Psychemedics Stock, refer to the following important reports:
Check out the analysis of Psychemedics Correlation against competitors.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Health Care Providers & Services 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 Psychemedics. If investors know Psychemedics 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 Psychemedics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
(0.79)
Revenue Per Share
3.586
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.16)
The market value of Psychemedics is measured differently than its book value, which is the value of Psychemedics that is recorded on the company's balance sheet. Investors also form their own opinion of Psychemedics' value that differs from its market value or its book value, called intrinsic value, which is Psychemedics' 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 Psychemedics' market value can be influenced by many factors that don't directly affect Psychemedics' 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 Psychemedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Psychemedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Psychemedics' 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.