ESSA Pharma Financials

EPIX Stock  USD 1.75  0.04  2.23%   
Based on the key measurements obtained from ESSA Pharma's financial statements, ESSA Pharma is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January. At this time, ESSA Pharma's Net Tangible Assets are fairly stable compared to the past year. Other Assets is likely to rise to about 139.3 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.5 M in 2024. Key indicators impacting ESSA Pharma's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.067.4351
Notably Down
Slightly volatile
Investors should never underestimate ESSA Pharma's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ESSA Pharma's cash flow, debt, and profitability to make informed and accurate decisions about investing in ESSA Pharma.

Net Income

(25.12 Million)

  
Understanding current and past ESSA Pharma Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ESSA Pharma's financial statements are interrelated, with each one affecting the others. For example, an increase in ESSA Pharma's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ESSA Pharma's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ESSA Pharma. Check ESSA Pharma's Beneish M Score to see the likelihood of ESSA Pharma's management manipulating its earnings.

ESSA Pharma Stock Summary

ESSA Pharma competes with DiaMedica Therapeutics, Lyra Therapeutics, and Centessa Pharmaceuticals. ESSA Pharma Inc., a clinical stage pharmaceutical company, focuses on developing novel and proprietary therapies for the treatment of prostate cancer. ESSA Pharma Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Essa Pharma is traded on NASDAQ Exchange in the United States.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA29668H7085
CUSIP29668H708 29668H104
LocationBritish Columbia; Canada
Business Address999 West Broadway,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.essapharma.com
Phone778 331 0962
CurrencyUSD - US Dollar

ESSA Pharma Key Financial Ratios

ESSA Pharma Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets80.6M198.2M169.5M149.1M171.5M180.1M
Other Current Liab24.2M39.2M36.4M1.4M1.6M1.5M
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 Payable678.6K1.4M954.6K2.0M2.3M1.4M
Cash56.3M137.8M57.1M33.7M38.8M34.1M
Other Current Assets1.7M2.2M1.8M585.4K673.2K1.2M
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
Inventory420.5K(360.8K)(309.5K)110.6M127.2M133.6M
Short Term Debt59.1K120.7K133.8K80.3K92.4K87.8K
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

ESSA Pharma Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense618K22.2K14K6.9K6.2K5.9K
Operating Income(23.1M)(36.9M)(35.3M)(32.1M)(28.9M)(27.5M)
Ebit(23.1M)(36.8M)(35.2M)(26.6M)(23.9M)(25.1M)
Research Development12.1M24.3M24.4M21.3M24.5M25.7M
Cost Of Revenue110.3K109.5K121.8K118.5K136.3K143.1K
Income Before Tax(23.7M)(36.8M)(35.2M)(26.6M)(23.9M)(25.1M)
Net Income(23.4M)(36.8M)(35.1M)(26.6M)(23.9M)(25.1M)
Income Tax Expense(289K)(34.3K)(112K)1.6K1.4K1.4K
Ebitda(23.0M)(36.7M)(35.1M)(26.5M)(23.8M)(25.0M)
Interest Income559.7K235.0K1.7M5.6M6.4M6.7M
Tax Provision(288.6K)(34.3K)(111.8K)1.6K1.4K1.4K
Net Interest Income(58.4K)212.8K1.7M5.5M6.4M6.7M

ESSA Pharma Key Cash Accounts

Cash flow analysis captures how much money flows into and out of ESSA Pharma. It measures of how well ESSA is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money ESSA Pharma brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money ESSA had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what ESSA Pharma has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Investments(21.7M)(35.0M)(52.3M)(3.5M)(3.2M)(3.3M)
Change In Cash3.0M81.5M(80.7M)(23.4M)(21.0M)(20.0M)
Net Borrowings(2.8M)(4.0M)(100.3K)(134.0K)(120.6K)(114.6K)
Depreciation110.3K109.5K121.8K118.5K136.3K68.8K
Net Income(23.4M)(36.8M)(35.1M)(26.6M)(23.9M)(25.1M)
End Period Cash Flow56.3M137.8M57.1M33.7M38.8M37.2M
Change To Netincome1.8M7.6M9.3M7.1M8.1M8.5M
Free Cash Flow(17.0M)(25.4M)(28.7M)(19.8M)(17.8M)(18.7M)
Other Non Cash Items224.1K(35.3K)(830.8K)(664.5K)(764.2K)(802.4K)

ESSA Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ESSA Pharma's current stock value. Our valuation model uses many indicators to compare ESSA Pharma value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ESSA Pharma competition to find correlations between indicators driving ESSA Pharma's intrinsic value. More Info.
ESSA Pharma is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, ESSA Pharma's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ESSA Pharma's earnings, one of the primary drivers of an investment's value.

ESSA Pharma Systematic Risk

ESSA Pharma's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ESSA Pharma volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on ESSA Pharma correlated with the market. If Beta is less than 0 ESSA Pharma generally moves in the opposite direction as compared to the market. If ESSA Pharma Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ESSA Pharma is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ESSA Pharma is generally in the same direction as the market. If Beta > 1 ESSA Pharma moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ESSA Pharma Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESSA Pharma's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ESSA Pharma growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, ESSA Pharma's Price Earnings To Growth Ratio is fairly stable compared to the past year.

ESSA Pharma December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ESSA Pharma help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ESSA Pharma. We use our internally-developed statistical techniques to arrive at the intrinsic value of ESSA Pharma based on widely used predictive technical indicators. In general, we focus on analyzing ESSA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ESSA Pharma's daily price indicators and compare them against related drivers.

Additional Tools for ESSA Stock Analysis

When running ESSA Pharma's price analysis, check to measure ESSA Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESSA Pharma is operating at the current time. Most of ESSA Pharma's value examination focuses on studying past and present price action to predict the probability of ESSA Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Pharma's price. Additionally, you may evaluate how the addition of ESSA Pharma to your portfolios can decrease your overall portfolio volatility.