Dermata Stock Based Compensation vs Depreciation Analysis

DRMAW Stock  USD 0.01  0.00  0.00%   
Dermata Therapeutics financial indicator trend analysis is much more than just examining Dermata Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dermata Therapeutics is a good investment. Please check the relationship between Dermata Therapeutics Stock Based Compensation and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dermata Therapeutics Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dermata Therapeutics' Stock Based Compensation and Depreciation is 0.81. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Dermata Therapeutics Warrant, assuming nothing else is changed. The correlation between historical values of Dermata Therapeutics' Stock Based Compensation 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 Stock Based Compensation of Dermata Therapeutics Warrant 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 Stock Based Compensation i.e., Dermata Therapeutics' Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Dermata Therapeutics value has been used up. For tax purposes Dermata Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Dermata Therapeutics Warrant 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 Dermata Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dermata Therapeutics 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is likely to climb to about 6.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense45.6K63.6K57.2K111.4K
Depreciation And Amortization14.1K9.7K8.0M8.4M

Dermata Therapeutics fundamental ratios Correlations

0.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.721.00.990.72-0.93-0.41
0.730.250.140.78-0.39-0.64-0.770.540.720.38-0.390.72-0.320.490.810.9-0.280.76-0.391.00.730.641.0-0.82-0.39
0.80.25-0.580.65-0.29-0.83-0.390.710.820.72-0.290.82-0.380.350.64-0.09-0.660.77-0.290.240.80.830.24-0.59-0.29
-0.440.14-0.58-0.440.140.570.28-0.56-0.45-0.120.14-0.45-0.01-0.13-0.40.470.91-0.410.140.15-0.44-0.580.150.390.14
0.950.780.65-0.44-0.59-0.96-0.90.790.950.49-0.590.95-0.420.630.970.55-0.770.96-0.590.780.950.930.78-1.0-0.59
-0.41-0.39-0.290.14-0.590.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
-0.98-0.64-0.830.57-0.960.50.77-0.81-0.98-0.630.5-0.980.39-0.54-0.94-0.330.82-0.970.5-0.63-0.98-0.99-0.630.930.5
-0.74-0.77-0.390.28-0.90.820.77-0.77-0.73-0.110.82-0.730.65-0.86-0.79-0.670.61-0.750.82-0.76-0.74-0.7-0.760.920.82
0.760.540.71-0.560.79-0.55-0.81-0.770.770.2-0.550.77-0.60.720.70.24-0.750.73-0.550.520.760.790.52-0.78-0.55
1.00.720.82-0.450.95-0.41-0.98-0.730.770.71-0.411.0-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
0.710.380.72-0.120.490.1-0.63-0.110.20.710.10.710.07-0.110.620.14-0.280.710.10.380.710.680.38-0.440.1
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.1-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
1.00.720.82-0.450.95-0.41-0.98-0.730.771.00.71-0.41-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
-0.32-0.32-0.38-0.01-0.420.890.390.65-0.6-0.330.070.89-0.33-0.94-0.23-0.370.13-0.30.89-0.29-0.32-0.26-0.290.440.89
0.470.490.35-0.130.63-0.95-0.54-0.860.720.47-0.11-0.950.47-0.940.430.5-0.350.45-0.950.470.470.420.47-0.65-0.95
0.970.810.64-0.40.97-0.4-0.94-0.790.70.960.62-0.40.96-0.230.430.54-0.740.98-0.40.810.970.950.81-0.96-0.4
0.420.9-0.090.470.55-0.47-0.33-0.670.240.410.14-0.470.41-0.370.50.540.060.47-0.470.90.420.290.9-0.6-0.47
-0.74-0.28-0.660.91-0.770.330.820.61-0.75-0.74-0.280.33-0.740.13-0.35-0.740.06-0.720.33-0.28-0.74-0.83-0.280.740.33
1.00.760.77-0.410.96-0.4-0.97-0.750.731.00.71-0.41.0-0.30.450.980.47-0.72-0.40.761.00.980.76-0.94-0.4
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.4-0.37-0.41-0.36-0.370.611.0
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.370.720.631.0-0.81-0.37
1.00.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.720.990.72-0.93-0.41
0.990.640.83-0.580.93-0.36-0.99-0.70.790.990.68-0.360.99-0.260.420.950.29-0.830.98-0.360.630.990.63-0.9-0.36
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.371.00.720.63-0.81-0.37
-0.93-0.82-0.590.39-1.00.610.930.92-0.78-0.92-0.440.61-0.920.44-0.65-0.96-0.60.74-0.940.61-0.81-0.93-0.9-0.810.61
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.61
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Dermata Therapeutics Account Relationship Matchups

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