Medexus Intangible Assets vs Total Assets Analysis
MDP Stock | 2.66 0.08 2.92% |
Medexus Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Medexus Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medexus Pharmaceuticals is a good investment. Please check the relationship between Medexus Pharmaceuticals Intangible Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medexus 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 board of governors.
Intangible Assets vs Total Assets
Intangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medexus Pharmaceuticals Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Medexus Pharmaceuticals' Intangible Assets and Total Assets is 0.94. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Medexus Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Medexus Pharmaceuticals' Intangible Assets and Total 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 Intangible Assets of Medexus Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Medexus Pharmaceuticals' Intangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Assets
Total assets refers to the total amount of Medexus Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Medexus Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Medexus Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medexus 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medexus 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 board of governors. As of the 3rd of August 2025, Selling General Administrative is likely to grow to about 45.3 M, while Tax Provision is likely to drop (847.4 K).
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 60.0M | 59.5M | 56.6M | 28.9M | Total Revenue | 108.1M | 113.1M | 108.3M | 113.7M |
Medexus Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Medexus Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Medexus Pharmaceuticals fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 148.5M | 139.2M | 161.3M | 155.7M | 171.8M | 180.4M | |
Total Current Liabilities | 39.9M | 48.1M | 83.5M | 66.2M | 97.3M | 102.2M | |
Total Stockholder Equity | 18.0M | 17.8M | 22.4M | 30.3M | 52.1M | 54.8M | |
Net Debt | 26.2M | 44.8M | 57.0M | 44.6M | 13.2M | 16.1M | |
Retained Earnings | (62.4M) | (65.2M) | (64.0M) | (64.2M) | (62.0M) | (58.9M) | |
Cash | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 25.2M | |
Cash And Short Term Investments | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 25.2M | |
Common Stock Shares Outstanding | 15.2M | 19.9M | 20.5M | 22.5M | 32.3M | 17.9M | |
Liabilities And Stockholders Equity | 148.5M | 139.2M | 161.3M | 155.7M | 171.8M | 180.4M | |
Other Stockholder Equity | 9.5M | 10.4M | 11.3M | 12.0M | 6.0M | 7.6M | |
Total Liab | 130.5M | 121.4M | 138.9M | 125.4M | 119.7M | 63.6M | |
Total Current Assets | 58.6M | 49.1M | 73.0M | 72.5M | 80.6M | 84.6M | |
Short Long Term Debt Total | 44.9M | 54.9M | 70.1M | 49.9M | 57.4M | 28.8M | |
Other Current Liab | 14.5M | 2.6M | 2.7M | 2.7M | 125K | 118.8K | |
Property Plant And Equipment Net | 795K | 1.2M | 899K | 778K | 689K | 574.1K | |
Accounts Payable | 14.9M | 12.0M | 10.2M | 7.8M | 5.7M | 6.5M | |
Non Current Assets Total | 89.9M | 90.1M | 88.4M | 83.2M | 91.3M | 53.4M | |
Net Receivables | 18.8M | 14.4M | 22.4M | 24.0M | 13.2M | 10.7M | |
Non Current Liabilities Total | 90.6M | 73.3M | 55.4M | 59.2M | 22.4M | 38.9M | |
Inventory | 14.7M | 21.4M | 22.8M | 30.8M | 35.3M | 37.1M | |
Other Current Assets | 1.7M | 1.3M | 2.3M | 2.3M | 376K | 357.2K | |
Intangible Assets | 76.4M | 76.6M | 70.4M | 64.1M | 71.6M | 43.7M | |
Other Assets | 2.1M | 1.6M | 6.8M | 8.0M | 9.0M | 9.4M | |
Non Currrent Assets Other | 2.1M | 2.1M | 1.6M | 9.2M | 10.6M | 11.1M | |
Common Stock | 66.7M | 68.7M | 69.0M | 76.4M | 96.1M | 58.6M | |
Long Term Debt | 34.3M | 39.8M | 27.4M | 34.2M | 198K | 188.1K | |
Long Term Debt Total | 34.3M | 39.8M | 27.4M | 34.2M | 198K | 188.1K | |
Capital Surpluse | 9.5M | 10.4M | 11.3M | 12.0M | 12.0M | 9.5M | |
Cash And Equivalents | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 12.7M | |
Property Plant Equipment | 795K | 1.2M | 899K | 778K | 689K | 780.4K | |
Net Tangible Assets | (55.5M) | (69.0M) | (69.5M) | (58.2M) | (52.4M) | (55.0M) | |
Net Invested Capital | 62.9M | 72.7M | 92.5M | 80.2M | 89.3M | 70.3M | |
Short Long Term Debt | 10.6M | 15.0M | 42.7M | 15.7M | 37.0M | 20.6M | |
Net Working Capital | 18.6M | 1.0M | (10.5M) | 6.3M | (16.7M) | (15.9M) | |
Other Liab | 35.7M | 56.3M | 33.5M | 28.0M | 25.2M | 30.9M | |
Good Will | 10.7M | 10.7M | 10.3M | 10.3M | 10.0M | 10.8M | |
Accumulated Other Comprehensive Income | 4.2M | 4.0M | 6.2M | 6.2M | 7.1M | 4.6M | |
Capital Stock | 66.7M | 68.7M | 69.0M | 76.4M | 96.1M | 73.1M |
Pair Trading with Medexus Pharmaceuticals
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 Medexus Pharmaceuticals 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 Medexus Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving against Medexus Stock
0.47 | WEF | Western Forest Products Earnings Call This Week | PairCorr |
0.41 | IGM | IGM Financial Earnings Call This Week | PairCorr |
0.33 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Medexus Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medexus Pharmaceuticals 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 Medexus Pharmaceuticals - 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 Medexus Pharmaceuticals to buy it.
The correlation of Medexus Pharmaceuticals 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 Medexus Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medexus Pharmaceuticals 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 Medexus Pharmaceuticals 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.Other Information on Investing in Medexus Stock
Balance Sheet is a snapshot of the financial position of Medexus Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Medexus Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Medexus Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Medexus currently owns. An asset can also be divided into two categories, current and non-current.