Scpharmaceuticals Inventory vs Total Current Liabilities Analysis
SCPH Stock | USD 3.74 0.14 3.89% |
Scpharmaceuticals financial indicator trend analysis is much more than just breaking down Scpharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scpharmaceuticals is a good investment. Please check the relationship between Scpharmaceuticals Inventory and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scpharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Scpharmaceuticals Stock please use our How to Invest in Scpharmaceuticals guide.
Inventory vs Total Current Liabilities
Inventory vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scpharmaceuticals Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Scpharmaceuticals' Inventory and Total Current Liabilities is 0.48. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Scpharmaceuticals, assuming nothing else is changed. The correlation between historical values of Scpharmaceuticals' Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Scpharmaceuticals are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Scpharmaceuticals' Inventory and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Total Current Liabilities
Total Current Liabilities is an item on Scpharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Scpharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Scpharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scpharmaceuticals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scpharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Scpharmaceuticals Stock please use our How to Invest in Scpharmaceuticals guide.As of now, Scpharmaceuticals' Selling General Administrative is increasing as compared to previous years. The Scpharmaceuticals' current Enterprise Value is estimated to increase to about 246.7 M, while Issuance Of Capital Stock is projected to decrease to under 31.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.6M | 3.3M | 8.1M | 8.5M | Depreciation And Amortization | 438K | 468K | 626K | 502.9K |
Scpharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Scpharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scpharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 77.3M | 109.0M | 79.0M | 124.2M | 94.5M | 90.6M | |
Other Current Liab | 3.7M | 4.3M | 3.5M | 4.7M | 8.8M | 9.2M | |
Total Current Liabilities | 5.2M | 9.3M | 14.8M | 7.4M | 13.1M | 8.3M | |
Total Stockholder Equity | (129.5M) | (161.7M) | (189.7M) | (226.5M) | 37.2M | 39.1M | |
Other Liab | 58K | 219K | 367K | 7.5M | 8.7M | 9.1M | |
Net Tangible Assets | 51.4M | 82.2M | 63.1M | 72.4M | 83.3M | 54.8M | |
Property Plant And Equipment Net | 1.3M | 908K | 479K | 620K | 1.5M | 1.0M | |
Net Debt | (52.5M) | (85.1M) | (56.6M) | (33.7M) | (6.5M) | (6.9M) | |
Retained Earnings | (129.5M) | (161.7M) | (189.7M) | (226.5M) | (281.3M) | (267.3M) | |
Accounts Payable | 1.1M | 1.7M | 544K | 1.5M | 4.0M | 4.2M | |
Cash | 72.8M | 105.3M | 74.3M | 71.1M | 46.8M | 75.7M | |
Non Current Assets Total | 1.6M | 1.2M | 762K | 887K | 1.5M | 1.2M | |
Non Currrent Assets Other | 148K | 132K | 283K | 267K | 82K | 159.4K | |
Other Assets | 330K | 1.1M | 283K | 267K | 1.0 | 0.95 | |
Cash And Short Term Investments | 72.8M | 105.3M | 75.5M | 118.4M | 76.0M | 85.2M | |
Net Receivables | 655K | 479K | 310K | 2.3M | 4.5M | 4.7M | |
Common Stock Shares Outstanding | 18.6M | 24.6M | 27.4M | 28.4M | 38.5M | 22.2M | |
Liabilities And Stockholders Equity | (103.5M) | (134.8M) | (167.1M) | (174.8M) | 94.5M | 99.2M | |
Non Current Liabilities Total | 20.7M | 17.6M | 7.7M | 44.3M | 44.1M | 29.9M | |
Capital Surpluse | 180.8M | 243.8M | 246.2M | 298.9M | 343.8M | 182.1M | |
Inventory | 1.6M | 2.4M | 0.0 | 1.2M | 8.8M | 9.3M | |
Other Current Assets | 94K | 2.7M | 3.0M | 2.5M | 3.6M | 3.8M | |
Other Stockholder Equity | (2K) | 243.8M | 246.2M | 298.9M | 318.6M | 334.5M | |
Total Liab | 25.9M | 26.9M | 22.6M | 51.8M | 57.3M | 38.2M | |
Property Plant And Equipment Gross | 1.3M | 93K | 649K | 808K | 1.5M | 769.8K | |
Total Current Assets | 75.6M | 107.8M | 78.3M | 123.3M | 92.9M | 89.4M | |
Accumulated Other Comprehensive Income | (600K) | (102K) | 1K | (1K) | 32K | (1.1K) | |
Property Plant Equipment | 1.3M | 908K | 69K | 54K | 48.6K | 46.2K | |
Non Current Liabilities Other | 58K | 219K | 367K | 35K | 177K | 147.7K | |
Short Long Term Debt Total | 20.3M | 20.2M | 17.6M | 37.4M | 40.3M | 24.9M | |
Long Term Debt | 18.9M | 16.9M | 7.4M | 36.8M | 38.8M | 21.2M | |
Long Term Debt Total | 18.9M | 16.9M | 7.4M | 36.8M | 42.3M | 44.4M | |
Capital Lease Obligations | 1.4M | 940K | 476K | 574K | 1.5M | 963.3K | |
Net Invested Capital | 70.3M | 101.4M | 73.6M | 109.2M | 76.0M | 72.5M | |
Net Working Capital | 70.4M | 98.5M | 63.4M | 115.9M | 79.8M | 71.8M | |
Short Term Debt | 407K | 3.3M | 10.8M | 1.1M | 352K | 334.4K |
Currently Active Assets on Macroaxis
When determining whether Scpharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scpharmaceuticals' 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 Scpharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scpharmaceuticals Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scpharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Scpharmaceuticals Stock please use our How to Invest in Scpharmaceuticals guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Pharmaceuticals 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 Scpharmaceuticals. If investors know Scpharmaceuticals 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 Scpharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.95) | Revenue Per Share 0.741 | Quarterly Revenue Growth 1.641 | Return On Assets (0.42) | Return On Equity (1.67) |
The market value of Scpharmaceuticals is measured differently than its book value, which is the value of Scpharmaceuticals that is recorded on the company's balance sheet. Investors also form their own opinion of Scpharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Scpharmaceuticals' 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 Scpharmaceuticals' market value can be influenced by many factors that don't directly affect Scpharmaceuticals' 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 Scpharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scpharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scpharmaceuticals' 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.