CASI Net Receivables 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 Net Receivables 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.

Net Receivables vs Net Tangible Assets

Net Receivables 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 Net Receivables account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CASI Pharmaceuticals' Net Receivables and Net Tangible Assets is 0.47. Overlapping area represents the amount of variation of Net Receivables 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' Net Receivables 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 Net Receivables 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 Net Receivables i.e., CASI Pharmaceuticals' Net Receivables and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

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 Development16.0M9.9M8.9M10.7M
Depreciation And Amortization2.4M3.7M2.3M2.4M

CASI Pharmaceuticals fundamental ratios Correlations

0.730.860.380.88-0.14-0.860.790.390.590.561.00.730.880.950.730.120.670.840.680.850.48-0.140.560.180.94
0.730.320.890.77-0.7-0.60.80.820.890.890.740.750.390.60.940.670.060.340.730.370.16-0.04-0.020.440.82
0.860.32-0.070.670.28-0.710.5-0.020.220.150.850.420.910.880.34-0.270.850.90.40.930.45-0.070.85-0.030.76
0.380.89-0.070.43-0.91-0.290.520.940.760.930.40.55-0.050.190.860.82-0.27-0.050.5-0.05-0.180.04-0.290.390.53
0.880.770.670.43-0.12-0.70.880.290.820.450.860.660.750.890.620.280.410.720.890.790.52-0.080.290.230.84
-0.14-0.70.28-0.91-0.120.11-0.26-0.95-0.51-0.88-0.16-0.410.310.07-0.74-0.750.50.27-0.240.290.46-0.020.4-0.34-0.28
-0.86-0.6-0.71-0.29-0.70.11-0.66-0.33-0.45-0.47-0.86-0.88-0.78-0.79-0.63-0.09-0.59-0.63-0.57-0.67-0.550.59-0.47-0.15-0.76
0.790.80.50.520.88-0.26-0.660.430.790.550.790.690.620.80.690.390.340.560.740.550.41-0.130.110.270.79
0.390.82-0.020.940.29-0.95-0.330.430.570.970.420.57-0.040.170.890.7-0.22-0.030.34-0.06-0.30.0-0.190.340.52
0.590.890.220.760.82-0.51-0.450.790.570.650.590.60.320.530.680.74-0.060.230.80.330.21-0.05-0.080.480.67
0.560.890.150.930.45-0.88-0.470.550.970.650.580.620.150.350.950.67-0.050.140.430.12-0.12-0.03-0.070.390.66
1.00.740.850.40.86-0.16-0.860.790.420.590.580.730.870.940.750.140.660.830.660.840.47-0.130.560.210.94
0.730.750.420.550.66-0.41-0.880.690.570.60.620.730.530.620.760.350.280.410.640.430.41-0.530.120.240.69
0.880.390.91-0.050.750.31-0.780.62-0.040.320.150.870.530.920.38-0.230.860.910.50.920.73-0.140.660.090.76
0.950.60.880.190.890.07-0.790.80.170.530.350.940.620.920.57-0.070.70.90.640.930.61-0.070.540.170.89
0.730.940.340.860.62-0.74-0.630.690.890.680.950.750.760.380.570.520.150.390.570.350.11-0.030.030.340.81
0.120.67-0.270.820.28-0.75-0.090.390.70.740.670.140.35-0.23-0.070.52-0.42-0.370.39-0.3-0.28-0.11-0.320.480.21
0.670.060.85-0.270.410.5-0.590.34-0.22-0.06-0.050.660.280.860.70.15-0.420.780.150.730.59-0.080.79-0.140.54
0.840.340.9-0.050.720.27-0.630.56-0.030.230.140.830.410.910.90.39-0.370.780.540.960.580.080.6-0.120.72
0.680.730.40.50.89-0.24-0.570.740.340.80.430.660.640.50.640.570.390.150.540.570.39-0.120.010.00.62
0.850.370.93-0.050.790.29-0.670.55-0.060.330.120.840.430.920.930.35-0.30.730.960.570.590.00.670.010.75
0.480.160.45-0.180.520.46-0.550.41-0.30.21-0.120.470.410.730.610.11-0.280.590.580.390.59-0.290.180.170.37
-0.14-0.04-0.070.04-0.08-0.020.59-0.130.0-0.05-0.03-0.13-0.53-0.14-0.07-0.03-0.11-0.080.08-0.120.0-0.29-0.09-0.070.03
0.56-0.020.85-0.290.290.4-0.470.11-0.19-0.08-0.070.560.120.660.540.03-0.320.790.60.010.670.18-0.09-0.070.45
0.180.44-0.030.390.23-0.34-0.150.270.340.480.390.210.240.090.170.340.48-0.14-0.120.00.010.17-0.07-0.070.25
0.940.820.760.530.84-0.28-0.760.790.520.670.660.940.690.760.890.810.210.540.720.620.750.370.030.450.25
Click cells to compare fundamentals

CASI Pharmaceuticals Account Relationship Matchups

CASI Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding11.0M13.6M13.6M13.4M15.3M16.1M
Total Assets127.7M138.3M96.2M75.3M53.7M49.2M
Total Current Liabilities8.0M13.2M17.0M16.7M36.5M38.3M
Total Stockholder Equity81.5M84.5M44.6M24.2M1.9M1.8M
Property Plant And Equipment Net10.8M21.8M13.2M11.6M11.4M11.9M
Net Debt(55.8M)(36.5M)(45.8M)4.2M8.7M9.1M
Retained Earnings(570.5M)(605.6M)(637.2M)(660.8M)(700.1M)(665.1M)
Accounts Payable3.7M4.8M3.3M4.4M2.7M2.7M
Cash57.1M38.7M47.1M17.1M13.5M12.8M
Non Current Assets Total53.7M76.3M22.8M15.9M13.9M9.9M
Cash And Short Term Investments66.4M48.6M51.3M30.8M16.1M32.1M
Common Stock Total Equity953.7K979K1.2M1.4M1.6M1.7M
Liabilities And Stockholders Equity127.7M138.3M96.2M75.3M53.7M49.2M
Other Stockholder Equity650.2M686.8M682.4M686.2M703.7M396.2M
Total Liab24.2M30.3M29.3M51.1M51.8M54.4M
Property Plant And Equipment Gross10.8M12.7M15.5M16.3M17.1M17.9M
Total Current Assets74.0M62.0M73.4M59.3M39.6M39.3M
Accumulated Other Comprehensive Income589K2.0M(703K)(1.2M)(1.8M)(1.9M)
Common Stock979K1.2M1.4M1K2K1.9K
Short Long Term Debt Total1.3M2.2M1.3M21.2M22.1M23.2M
Other Current Liab1.6M6.7M10.8M11.1M11.6M12.2M
Non Currrent Assets Other299K2.2M1.1M766K587K331.0K
Net Receivables4.6M9.8M13.0M10.1M15.3M16.1M
Non Current Liabilities Total16.2M17.2M12.3M34.4M15.4M16.1M
Other Current Assets1.7M1.7M3.0M2.6M2.9M2.3M
Short Term Debt2.2M1.1M868K728K19.6M20.6M
Other Assets504K38.4M2.2M197K226.6K215.2K
Property Plant Equipment1.8M985K10.8M22.0M25.3M26.6M
Short Term Investments9.3M9.9M4.2M13.7M2.6M4.8M
Inventory1.4M1.9M6.1M15.9M5.3M2.8M
Intangible Assets13.2M12.2M1.1M1.8M238K226.1K
Net Tangible Assets109.5M93.7M68.3M72.3M83.1M50.3M

Currently Active Assets on Macroaxis

When determining whether CASI Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CASI Pharmaceuticals' 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 Casi Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Casi Pharmaceuticals Stock:
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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
1.977
Quarterly Revenue Growth
0.83
Return On Assets
(0.51)
Return On Equity
(10.95)
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.