CPRX Stock | | | USD 21.27 0.19 0.89% |
Catalyst Pharmaceuticals financial indicator trend analysis is way more than just evaluating Catalyst Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Catalyst Pharmaceuticals is a good investment. Please check the relationship between Catalyst Pharmaceuticals Change To Liabilities and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Catalyst 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 metropolitan statistical area.
For more information on how to buy Catalyst Stock please use our
How to Invest in Catalyst Pharmaceuticals guide.
Change To Liabilities vs Depreciation
Change To Liabilities vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Catalyst Pharmaceuticals Change To Liabilities account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Catalyst Pharmaceuticals' Change To Liabilities and Depreciation is 0.76. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Catalyst Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Catalyst Pharmaceuticals' Change To Liabilities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Catalyst Pharmaceuticals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Liabilities i.e., Catalyst Pharmaceuticals' Change To Liabilities and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change To Liabilities
Depreciation
Depreciation indicates how much of Catalyst Pharmaceuticals value has been used up. For tax purposes Catalyst Pharmaceuticals can deduct the cost of the tangible assets it purchases as business expenses. However, Catalyst Pharmaceuticals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Catalyst Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Catalyst 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 Catalyst 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 metropolitan statistical area.
For more information on how to buy Catalyst Stock please use our
How to Invest in Catalyst Pharmaceuticals guide.At this time, Catalyst Pharmaceuticals'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 19.7
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
Catalyst Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Catalyst Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Catalyst Pharmaceuticals fundamental ratios Accounts
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Additional Tools for Catalyst Stock Analysis
When running Catalyst Pharmaceuticals' price analysis, check to
measure Catalyst Pharmaceuticals' 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 Catalyst Pharmaceuticals is operating at the current time. Most of Catalyst Pharmaceuticals' value examination focuses on studying past and present price action to
predict the probability of Catalyst Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Catalyst Pharmaceuticals' price. Additionally, you may evaluate how the addition of Catalyst Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.