ESSA Net Receivables vs Non Currrent Assets Other Analysis

EPIX Stock  USD 5.77  0.35  5.72%   
ESSA Pharma financial indicator trend analysis is much more than just examining ESSA Pharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESSA Pharma is a good investment. Please check the relationship between ESSA Pharma Net Receivables and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESSA Pharma Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ESSA Pharma's Net Receivables and Non Currrent Assets Other is -0.23. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of ESSA Pharma, assuming nothing else is changed. The correlation between historical values of ESSA Pharma's Net Receivables and Non Currrent Assets Other 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 ESSA Pharma are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., ESSA Pharma's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from ESSA Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESSA Pharma 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.Selling General Administrative is likely to drop to about 7.6 M in 2024. Tax Provision is likely to drop to 1,368 in 2024

ESSA Pharma fundamental ratios Correlations

0.750.371.0-0.75-0.950.280.760.290.490.930.080.9-0.031.00.010.99-0.291.00.820.59-0.150.950.630.610.97
0.750.390.75-0.58-0.640.240.580.50.230.76-0.220.63-0.060.750.250.72-0.150.750.790.240.140.780.390.620.7
0.370.390.34-0.37-0.430.70.40.540.180.43-0.160.280.720.370.260.370.160.350.360.580.150.310.580.450.31
1.00.750.34-0.75-0.940.250.760.270.470.930.090.89-0.071.00.00.98-0.311.00.820.57-0.150.950.620.60.98
-0.75-0.58-0.37-0.750.57-0.15-1.0-0.23-0.3-0.7-0.28-0.480.02-0.750.05-0.640.21-0.7-0.65-0.430.07-0.55-0.76-0.72-0.59
-0.95-0.64-0.43-0.940.57-0.37-0.6-0.27-0.56-0.87-0.09-0.93-0.07-0.95-0.04-0.970.26-0.95-0.72-0.670.18-0.93-0.58-0.45-0.97
0.280.240.70.25-0.15-0.370.170.390.520.330.030.290.70.280.260.310.620.270.290.240.220.270.520.430.27
0.760.580.40.76-1.0-0.60.170.250.310.720.270.510.010.76-0.050.66-0.220.710.660.48-0.080.570.780.720.61
0.290.50.540.27-0.23-0.270.390.250.360.26-0.350.270.520.290.670.280.120.250.340.350.20.350.120.620.23
0.490.230.180.47-0.3-0.560.520.310.360.430.270.590.420.490.070.520.330.470.40.41-0.230.480.250.440.51
0.930.760.430.93-0.7-0.870.330.720.260.430.020.840.030.930.030.93-0.260.940.950.56-0.140.90.580.530.91
0.08-0.22-0.160.09-0.28-0.090.030.27-0.350.270.020.15-0.150.08-0.030.06-0.060.07-0.130.210.02-0.160.49-0.030.08
0.90.630.280.89-0.48-0.930.290.510.270.590.840.150.030.90.050.94-0.310.910.730.7-0.250.90.470.410.95
-0.03-0.060.72-0.070.02-0.070.70.010.520.420.03-0.150.03-0.030.220.00.55-0.060.030.42-0.05-0.030.160.3-0.06
1.00.750.371.0-0.75-0.950.280.760.290.490.930.080.9-0.030.010.99-0.291.00.820.59-0.150.950.630.610.97
0.010.250.260.00.05-0.040.26-0.050.670.070.03-0.030.050.220.010.030.20.010.030.020.160.030.030.10.02
0.990.720.370.98-0.64-0.970.310.660.280.520.930.060.940.00.990.03-0.280.990.810.61-0.160.970.570.541.0
-0.29-0.150.16-0.310.210.260.62-0.220.120.33-0.26-0.06-0.310.55-0.290.2-0.28-0.31-0.22-0.40.0-0.26-0.070.09-0.3
1.00.750.351.0-0.7-0.950.270.710.250.470.940.070.91-0.061.00.010.99-0.310.830.57-0.150.960.590.550.99
0.820.790.360.82-0.65-0.720.290.660.340.40.95-0.130.730.030.820.030.81-0.220.830.42-0.090.840.430.560.78
0.590.240.580.57-0.43-0.670.240.480.350.410.560.210.70.420.590.020.61-0.40.570.42-0.240.50.510.330.59
-0.150.140.15-0.150.070.180.22-0.080.2-0.23-0.140.02-0.25-0.05-0.150.16-0.160.0-0.15-0.09-0.24-0.160.180.31-0.18
0.950.780.310.95-0.55-0.930.270.570.350.480.9-0.160.9-0.030.950.030.97-0.260.960.840.5-0.160.40.540.96
0.630.390.580.62-0.76-0.580.520.780.120.250.580.490.470.160.630.030.57-0.070.590.430.510.180.40.550.53
0.610.620.450.6-0.72-0.450.430.720.620.440.53-0.030.410.30.610.10.540.090.550.560.330.310.540.550.47
0.970.70.310.98-0.59-0.970.270.610.230.510.910.080.95-0.060.970.021.0-0.30.990.780.59-0.180.960.530.47
Click cells to compare fundamentals

ESSA Pharma Account Relationship Matchups

ESSA Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets80.6M198.2M169.5M149.1M171.5M180.1M
Other Current Liab676.02.4M1.2M1.4M1.6M1.7M
Total Current Liabilities1.2M3.9M2.3M3.5M4.0M3.0M
Total Stockholder Equity79.2M194.0M167.1M145.6M167.5M175.8M
Net Debt(56.3M)(137.5M)(56.9M)(33.6M)(30.3M)(31.8M)
Retained Earnings(81.0M)(117.8M)(152.9M)(179.5M)(161.5M)(153.4M)
Accounts Payable1.1M1.4M954.6K2.0M2.3M1.4M
Cash56.3M137.8M57.1M33.7M38.8M34.1M
Non Current Assets Total55.2K567.7K446.0K325.3K374.0K383.8K
Non Currrent Assets Other(200.7K)277.6K259.5K257.2K295.8K181.3K
Cash And Short Term Investments56.3M194.9M57.1M148.1M170.3M178.8M
Other Current Assets24.3M2.2M1.8M585.4K673.2K639.6K
Other Stockholder Equity31.2M36.4M44.0M49.0M56.4M59.2M
Total Liab1.3M4.2M2.4M3.5M4.0M4.6M
Total Current Assets80.6M197.6M169.5M148.8M171.1M179.7M
Common Stock131.1M277.4M278.1M278.2M319.9M335.9M
Other Liab19.6K16.5K127.4K20.4K18.3K17.4K
Net Tangible Assets49.0M79.2M194.0M167.1M192.2M201.8M
Other Assets(55.2K)198.2M(446.0K)115.4M132.7M139.3M
Net Receivables309.5K489.0K6.2K135.1K121.6K115.5K
Liabilities And Stockholders Equity80.6M198.2M169.5M149.1M171.5M180.1M
Inventory420.5K(360.8K)(309.5K)110.6M127.2M133.6M
Short Term Debt59.1K120.7K133.8K80.3K92.4K87.8K
Common Stock Shares Outstanding22.4M38.5M44.0M44.1M50.7M53.2M
Non Current Liabilities Total127K230.6K77K(71.0)(63.9)(60.7)
Short Long Term Debt Total59.1K331.0K209.8K80.3K72.3K68.7K
Net Invested Capital79.2M194.0M167.1M145.6M167.5M103.4M
Net Working Capital79.1M193.7M166.7M145.3M167.1M101.6M
Capital Stock131.1M277.4M278.1M278.2M319.9M198.2M

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