CASI Current Deferred Revenue vs Net Tangible Assets Analysis
CASI Stock | USD 1.48 0.06 4.23% |
CASI Pharmaceuticals financial indicator trend analysis is way more than just evaluating CASI Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CASI Pharmaceuticals is a good investment. Please check the relationship between CASI Pharmaceuticals Current Deferred Revenue and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CASI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in CASI Stock please use our How to Invest in CASI Pharmaceuticals guide.
Current Deferred Revenue vs Net Tangible Assets
Current Deferred Revenue vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CASI Pharmaceuticals Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between CASI Pharmaceuticals' Current Deferred Revenue and Net Tangible Assets is 0.77. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of CASI Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of CASI Pharmaceuticals' Current Deferred Revenue and Net Tangible 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 Current Deferred Revenue of CASI Pharmaceuticals are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Current Deferred Revenue i.e., CASI Pharmaceuticals' Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from CASI Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CASI Pharmaceuticals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CASI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in CASI Stock please use our How to Invest in CASI Pharmaceuticals guide.As of now, CASI Pharmaceuticals' Selling General Administrative is increasing as compared to previous years. Tax Provision is expected to grow at the current pace this year, while Sales General And Administrative To Revenue is projected to decrease to 0.78.
2022 | 2023 | 2024 | 2025 (projected) | Research Development | 16.0M | 9.9M | 8.9M | 10.7M | Depreciation And Amortization | 2.4M | 3.7M | 2.3M | 2.4M |
CASI Pharmaceuticals fundamental ratios Correlations
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CASI Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CASI Pharmaceuticals fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 11.0M | 13.6M | 13.6M | 13.4M | 15.3M | 16.1M | |
Total Assets | 127.7M | 138.3M | 96.2M | 75.3M | 53.7M | 49.2M | |
Total Current Liabilities | 8.0M | 13.2M | 17.0M | 16.7M | 36.5M | 38.3M | |
Total Stockholder Equity | 81.5M | 84.5M | 44.6M | 24.2M | 1.9M | 1.8M | |
Property Plant And Equipment Net | 10.8M | 21.8M | 13.2M | 11.6M | 11.4M | 11.9M | |
Net Debt | (55.8M) | (36.5M) | (45.8M) | 4.2M | 8.7M | 9.1M | |
Retained Earnings | (570.5M) | (605.6M) | (637.2M) | (660.8M) | (700.1M) | (665.1M) | |
Accounts Payable | 3.7M | 4.8M | 3.3M | 4.4M | 2.7M | 2.7M | |
Cash | 57.1M | 38.7M | 47.1M | 17.1M | 13.5M | 12.8M | |
Non Current Assets Total | 53.7M | 76.3M | 22.8M | 15.9M | 13.9M | 9.9M | |
Cash And Short Term Investments | 66.4M | 48.6M | 51.3M | 30.8M | 16.1M | 32.1M | |
Common Stock Total Equity | 953.7K | 979K | 1.2M | 1.4M | 1.6M | 1.7M | |
Liabilities And Stockholders Equity | 127.7M | 138.3M | 96.2M | 75.3M | 53.7M | 49.2M | |
Other Stockholder Equity | 650.2M | 686.8M | 682.4M | 686.2M | 703.7M | 396.2M | |
Total Liab | 24.2M | 30.3M | 29.3M | 51.1M | 51.8M | 54.4M | |
Property Plant And Equipment Gross | 10.8M | 12.7M | 15.5M | 16.3M | 17.1M | 17.9M | |
Total Current Assets | 74.0M | 62.0M | 73.4M | 59.3M | 39.6M | 39.3M | |
Accumulated Other Comprehensive Income | 589K | 2.0M | (703K) | (1.2M) | (1.8M) | (1.9M) | |
Common Stock | 979K | 1.2M | 1.4M | 1K | 2K | 1.9K | |
Short Long Term Debt Total | 1.3M | 2.2M | 1.3M | 21.2M | 22.1M | 23.2M | |
Other Current Liab | 1.6M | 6.7M | 10.8M | 11.1M | 11.6M | 12.2M | |
Non Currrent Assets Other | 299K | 2.2M | 1.1M | 766K | 587K | 331.0K | |
Net Receivables | 4.6M | 9.8M | 13.0M | 10.1M | 15.3M | 16.1M | |
Non Current Liabilities Total | 16.2M | 17.2M | 12.3M | 34.4M | 15.4M | 16.1M | |
Other Current Assets | 1.7M | 1.7M | 3.0M | 2.6M | 2.9M | 2.3M | |
Short Term Debt | 2.2M | 1.1M | 868K | 728K | 19.6M | 20.6M | |
Other Assets | 504K | 38.4M | 2.2M | 197K | 226.6K | 215.2K | |
Property Plant Equipment | 1.8M | 985K | 10.8M | 22.0M | 25.3M | 26.6M | |
Short Term Investments | 9.3M | 9.9M | 4.2M | 13.7M | 2.6M | 4.8M | |
Inventory | 1.4M | 1.9M | 6.1M | 15.9M | 5.3M | 2.8M | |
Intangible Assets | 13.2M | 12.2M | 1.1M | 1.8M | 238K | 226.1K | |
Net Tangible Assets | 109.5M | 93.7M | 68.3M | 72.3M | 83.1M | 50.3M |
Currently Active Assets on Macroaxis
USOI | Credit Suisse X Links | |
ULTY | Tidal Trust II | |
CONY | YieldMax N Option | |
BCAT | BlackRock Capital Allocation | |
PDI | Pimco Dynamic Income |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CASI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in CASI Stock please use our How to Invest in CASI Pharmaceuticals guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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 CASI Pharmaceuticals. If investors know CASI 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 CASI Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.54) | Revenue Per Share | Quarterly Revenue Growth 0.83 | Return On Assets | Return On Equity |
The market value of CASI Pharmaceuticals is measured differently than its book value, which is the value of CASI that is recorded on the company's balance sheet. Investors also form their own opinion of CASI Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is CASI Pharmaceuticals' 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 CASI Pharmaceuticals' market value can be influenced by many factors that don't directly affect CASI Pharmaceuticals' 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 CASI Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if CASI Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CASI Pharmaceuticals' 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.