Adial Begin Period Cash Flow vs Other Non Cash Items Analysis

ADIL Stock  USD 1.09  0.01  0.91%   
Adial Pharmaceuticals financial indicator trend analysis is way more than just evaluating Adial Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adial Pharmaceuticals is a good investment. Please check the relationship between Adial Pharmaceuticals Begin Period Cash Flow and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adial 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 gross domestic product.
For more information on how to buy Adial Stock please use our How to buy in Adial Stock guide.

Begin Period Cash Flow vs Other Non Cash Items

Begin Period Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adial Pharmaceuticals Begin Period Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Adial Pharmaceuticals' Begin Period Cash Flow and Other Non Cash Items is 0.46. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Adial Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Adial Pharmaceuticals' Begin Period Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Adial Pharmaceuticals are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Begin Period Cash Flow i.e., Adial Pharmaceuticals' Begin Period Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Other Non Cash Items

Most indicators from Adial Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adial 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 Adial 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 gross domestic product.
For more information on how to buy Adial Stock please use our How to buy in Adial Stock guide.At this time, Adial Pharmaceuticals' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 0.03 this year, although the value of Selling General Administrative will most likely fall to about 5.1 M.
 2021 2023 2024 (projected)
Depreciation And Amortization55.1K648.6616.17
Interest Income6.5K106.2K111.6K

Adial Pharmaceuticals fundamental ratios Correlations

0.770.710.940.91-0.99-0.690.580.990.560.440.820.99-0.830.580.840.830.660.99-0.140.51-0.83-0.21-0.220.820.82
0.770.940.520.45-0.72-0.720.50.740.640.40.60.74-0.620.560.730.710.950.72-0.090.86-0.62-0.15-0.130.590.77
0.710.940.430.37-0.64-0.650.670.680.590.380.690.68-0.710.530.650.710.970.660.210.79-0.710.15-0.120.680.72
0.940.520.430.99-0.95-0.570.460.940.430.390.740.94-0.750.490.770.740.370.95-0.240.24-0.75-0.3-0.240.740.71
0.910.450.370.99-0.94-0.480.470.920.330.310.70.92-0.710.410.710.710.310.93-0.260.17-0.71-0.28-0.180.70.63
-0.99-0.72-0.64-0.95-0.940.58-0.55-1.0-0.44-0.32-0.74-1.00.76-0.46-0.78-0.78-0.6-1.00.23-0.450.760.240.14-0.75-0.72
-0.69-0.72-0.65-0.57-0.480.58-0.26-0.6-0.96-0.87-0.68-0.60.63-0.97-0.93-0.74-0.58-0.60.03-0.530.630.310.65-0.59-0.95
0.580.50.670.460.47-0.55-0.260.570.180.110.680.57-0.730.190.420.730.570.590.250.26-0.730.320.090.730.43
0.990.740.680.940.92-1.0-0.60.570.470.350.781.0-0.80.490.790.790.641.0-0.150.47-0.8-0.18-0.170.780.74
0.560.640.590.430.33-0.44-0.960.180.470.950.650.47-0.590.980.860.570.50.460.10.41-0.59-0.19-0.780.530.87
0.440.40.380.390.31-0.32-0.870.110.350.950.610.35-0.520.950.790.450.240.340.140.11-0.52-0.16-0.90.460.75
0.820.60.690.740.7-0.74-0.680.680.780.650.610.78-0.990.690.740.740.570.790.370.32-0.990.26-0.450.960.78
0.990.740.680.940.92-1.0-0.60.571.00.470.350.78-0.80.490.790.790.641.0-0.150.47-0.8-0.18-0.170.780.74
-0.83-0.62-0.71-0.75-0.710.760.63-0.73-0.8-0.59-0.52-0.99-0.8-0.62-0.7-0.75-0.6-0.81-0.36-0.361.0-0.280.35-0.97-0.76
0.580.560.530.490.41-0.46-0.970.190.490.980.950.690.49-0.620.870.620.420.490.120.35-0.62-0.18-0.80.560.88
0.840.730.650.770.71-0.78-0.930.420.790.860.790.740.79-0.70.870.840.560.78-0.170.42-0.7-0.38-0.580.650.93
0.830.710.710.740.71-0.78-0.740.730.790.570.450.740.79-0.750.620.840.640.8-0.120.54-0.75-0.24-0.190.730.83
0.660.950.970.370.31-0.6-0.580.570.640.50.240.570.64-0.60.420.560.640.610.10.89-0.60.080.050.60.67
0.990.720.660.950.93-1.0-0.60.591.00.460.340.791.0-0.810.490.780.80.61-0.160.46-0.81-0.18-0.170.780.74
-0.14-0.090.21-0.24-0.260.230.030.25-0.150.10.140.37-0.15-0.360.12-0.17-0.120.1-0.16-0.08-0.360.89-0.20.33-0.03
0.510.860.790.240.17-0.45-0.530.260.470.410.110.320.47-0.360.350.420.540.890.46-0.08-0.36-0.120.150.370.59
-0.83-0.62-0.71-0.75-0.710.760.63-0.73-0.8-0.59-0.52-0.99-0.81.0-0.62-0.7-0.75-0.6-0.81-0.36-0.36-0.280.35-0.97-0.76
-0.21-0.150.15-0.3-0.280.240.310.32-0.18-0.19-0.160.26-0.18-0.28-0.18-0.38-0.240.08-0.180.89-0.12-0.280.070.25-0.25
-0.22-0.13-0.12-0.24-0.180.140.650.09-0.17-0.78-0.9-0.45-0.170.35-0.8-0.58-0.190.05-0.17-0.20.150.350.07-0.21-0.45
0.820.590.680.740.7-0.75-0.590.730.780.530.460.960.78-0.970.560.650.730.60.780.330.37-0.970.25-0.210.77
0.820.770.720.710.63-0.72-0.950.430.740.870.750.780.74-0.760.880.930.830.670.74-0.030.59-0.76-0.25-0.450.77
Click cells to compare fundamentals

Adial Pharmaceuticals Account Relationship Matchups

Adial Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M5.5M7.5M5.7M4.7M4.4M
Total Current Liabilities539.1K1.5M2.7M1.8M653.1K1.1M
Total Stockholder Equity7.1M4.0M3.5M3.3M4.1M3.1M
Net Tangible Assets4.4M7.1M4.0M2.8M3.2M2.7M
Net Debt(6.8M)(4.4M)(5.8M)(3.8M)(2.8M)(3.0M)
Retained Earnings(20.6M)(31.5M)(50.9M)(63.7M)(68.8M)(65.4M)
Accounts Payable190.2K648.7K286.2K276.4K127.4K121.0K
Cash6.8M4.4M6.1M4.0M2.8M3.4M
Non Current Assets Total6.2K355.6K1.0M952.9K1.5M1.6M
Non Currrent Assets Other6.7K0.0350K455K1.5M1.6M
Cash And Short Term Investments6.8M4.4M6.1M4.0M2.8M3.4M
Common Stock Total Equity3.3K6.9K10.4K14.4K13.0K12.3K
Common Stock Shares Outstanding394.1K498.5K743.5K1.1M1.4M1.5M
Liabilities And Stockholders Equity7.7M5.5M7.5M5.7M4.7M4.4M
Capital Surpluse(596.8K)16.5M27.8M35.5M40.8M42.9M
Other Current Assets359.5K734.7K399.4K778.1K371.6K370.5K
Total Liab539.1K1.5M4.0M2.5M653.1K620.4K
Total Current Assets7.7M5.1M6.5M4.8M3.2M3.9M
Intangible Assets6.2K5.6K460.0K459.5K3.9K3.7K
Common Stock10.4K14.4K20.9K26.7K1.7K1.6K
Non Current Liabilities Total190.2K648.7K1.2M665.4K437.0415.15
Other Stockholder Equity27.8M35.5M54.4M66.9M72.9M43.0M
Net Invested Capital7.1M4.0M3.5M3.3M3.8M4.0M
Net Working Capital7.1M3.6M3.7M3.0M3.4M3.8M
Capital Stock10.4K14.4K20.9K26.7K30.7K17.4K

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When determining whether Adial Pharmaceuticals is a strong investment it is important to analyze Adial Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adial Pharmaceuticals' future performance. For an informed investment choice regarding Adial Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adial 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 gross domestic product.
For more information on how to buy Adial Stock please use our How to buy in Adial Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Adial Pharmaceuticals. If investors know Adial 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 Adial 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
(2.94)
Return On Assets
(1.04)
Return On Equity
(3.21)
The market value of Adial Pharmaceuticals is measured differently than its book value, which is the value of Adial that is recorded on the company's balance sheet. Investors also form their own opinion of Adial Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Adial 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 Adial Pharmaceuticals' market value can be influenced by many factors that don't directly affect Adial 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 Adial Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adial Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adial 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.