Durect Retained Earnings vs Property Plant And Equipment Net Analysis

DRRX Stock  USD 0.91  0.03  3.19%   
Durect financial indicator trend analysis is much more than just examining Durect latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Durect is a good investment. Please check the relationship between Durect Retained Earnings and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Durect. 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 Durect Stock please use our How to Invest in Durect guide.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Durect Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Durect's Retained Earnings and Property Plant And Equipment Net is -0.41. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Durect, assuming nothing else is changed. The correlation between historical values of Durect's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Durect are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Durect's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Durect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Durect 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, which includes a position in Durect. 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 Durect Stock please use our How to Invest in Durect guide.Enterprise Value is likely to rise to about 171 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.0M17.7M6.8M6.5M
Total Revenue14.0M19.3M8.5M8.1M

Durect fundamental ratios Correlations

0.710.50.350.60.69-0.31-0.620.380.720.57-0.30.960.610.610.580.260.60.010.50.670.680.120.99-0.050.48
0.710.380.110.410.55-0.15-0.670.310.570.7-0.470.620.440.610.58-0.030.520.220.310.650.520.310.660.350.21
0.50.380.520.070.21-0.1-0.710.80.60.03-0.40.560.180.660.65-0.110.260.150.090.720.540.190.530.460.81
0.350.110.52-0.30.53-0.21-0.530.610.340.37-0.280.38-0.020.490.460.030.040.23-0.120.50.690.370.320.010.38
0.60.410.07-0.30.3-0.4-0.18-0.020.510.2-0.030.560.470.320.310.010.01-0.340.510.25-0.160.010.61-0.150.05
0.690.550.210.530.3-0.13-0.410.270.380.78-0.180.610.120.510.490.250.25-0.140.370.380.60.530.63-0.020.09
-0.31-0.15-0.1-0.21-0.4-0.130.26-0.37-0.72-0.010.07-0.42-0.51-0.36-0.340.510.160.290.1-0.28-0.04-0.1-0.340.270.14
-0.62-0.67-0.71-0.53-0.18-0.410.26-0.68-0.65-0.510.77-0.55-0.34-0.92-0.890.26-0.25-0.33-0.23-0.93-0.63-0.48-0.59-0.44-0.56
0.380.310.80.61-0.020.27-0.37-0.680.550.16-0.460.390.110.630.61-0.310.070.140.060.640.50.210.380.320.43
0.720.570.60.340.510.38-0.72-0.650.550.19-0.220.80.540.740.74-0.40.25-0.250.180.680.440.250.750.070.46
0.570.70.030.370.20.78-0.01-0.510.160.19-0.410.420.170.470.440.220.280.310.240.410.570.470.470.11-0.08
-0.3-0.47-0.4-0.28-0.03-0.180.070.77-0.46-0.22-0.41-0.18-0.35-0.63-0.60.15-0.14-0.4-0.21-0.68-0.38-0.38-0.26-0.53-0.22
0.960.620.560.380.560.61-0.42-0.550.390.80.42-0.180.660.580.550.210.54-0.050.280.610.660.110.97-0.050.51
0.610.440.18-0.020.470.12-0.51-0.340.110.540.17-0.350.660.240.210.160.480.080.030.460.28-0.210.630.010.11
0.610.610.660.490.320.51-0.36-0.920.630.740.47-0.630.580.241.0-0.420.07-0.010.240.80.530.690.580.450.51
0.580.580.650.460.310.49-0.34-0.890.610.740.44-0.60.550.211.0-0.450.05-0.060.250.760.510.710.560.470.51
0.26-0.03-0.110.030.010.250.510.26-0.31-0.40.220.150.210.16-0.42-0.450.470.30.15-0.130.24-0.40.25-0.270.06
0.60.520.260.040.010.250.16-0.250.070.250.28-0.140.540.480.070.050.470.230.330.360.66-0.310.60.00.41
0.010.220.150.23-0.34-0.140.29-0.330.14-0.250.31-0.4-0.050.08-0.01-0.060.30.23-0.260.290.32-0.14-0.030.130.08
0.50.310.09-0.120.510.370.1-0.230.060.180.24-0.210.280.030.240.250.150.33-0.260.320.12-0.050.5-0.190.28
0.670.650.720.50.250.38-0.28-0.930.640.680.41-0.680.610.460.80.76-0.130.360.290.320.570.240.660.290.62
0.680.520.540.69-0.160.6-0.04-0.630.50.440.57-0.380.660.280.530.510.240.660.320.120.570.260.650.140.51
0.120.310.190.370.010.53-0.1-0.480.210.250.47-0.380.11-0.210.690.71-0.4-0.31-0.14-0.050.240.260.060.450.01
0.990.660.530.320.610.63-0.34-0.590.380.750.47-0.260.970.630.580.560.250.6-0.030.50.660.650.06-0.070.52
-0.050.350.460.01-0.15-0.020.27-0.440.320.070.11-0.53-0.050.010.450.47-0.270.00.13-0.190.290.140.45-0.070.24
0.480.210.810.380.050.090.14-0.560.430.46-0.08-0.220.510.110.510.510.060.410.080.280.620.510.010.520.24
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Durect Account Relationship Matchups

Durect fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.0M75.6M92.0M60.1M45.2M56.3M
Short Long Term Debt Total26.8M25.8M24.3M23.3M20.7M24.1M
Other Current Liab6.3M4.6M5.0M7.9M5.8M4.5M
Total Current Liabilities36.8M10.7M10.1M18.1M27.0M14.7M
Total Stockholder Equity22.9M40.1M57.8M25.0M14.8M27.8M
Property Plant And Equipment Net6.5M5M3.7M2.1M4.1M3.7M
Net Debt(8.1M)4.5M(25.5M)(20.2M)(7.7M)(8.0M)
Retained Earnings(489.2M)(489.8M)(526.0M)(561.4M)(589.0M)(559.6M)
Accounts Payable2.1M1.7M1.3M3.1M1.8M1.9M
Cash34.9M21.3M49.8M43.5M28.4M26.0M
Non Current Assets Total14.2M12.6M10.3M8.7M10.5M13.2M
Non Currrent Assets Other1.3M1.3M411K256K128.0K121.6K
Cash And Short Term Investments64.7M40.7M69.8M43.5M29.7M36.9M
Net Receivables2.3M940K6.5M3.4M1.3M1.2M
Common Stock Total Equity16K19K20K23K26.5K27.8K
Common Stock Shares Outstanding17.8M19.9M22.5M22.8M26.5M27.8M
Short Term Investments29.8M19.4M20.0M0.01.3M1.2M
Liabilities And Stockholders Equity86.0M75.6M92.0M60.1M45.2M56.3M
Non Current Liabilities Total26.4M24.8M24.2M17.0M3.4M3.2M
Inventory3.4M1.9M1.9M2.1M2.2M2.9M
Other Current Assets1.5M19.5M7.2M2.4M1.5M1.4M
Other Stockholder Equity512.0M529.9M583.8M586.4M603.8M392.2M
Total Liab63.2M35.5M34.2M35.1M30.4M39.1M
Property Plant And Equipment Gross6.5M5M3.7M2.1M19.0M19.9M
Total Current Assets71.8M63.1M81.7M51.4M34.7M43.1M
Common Stock16K19K20K23K26.5K27.8K
Long Term Debt20.3M19.9M20.6M15.9M14.3M14.2M
Property Plant Equipment469K251K3.7M188K169.2K160.7K
Other Liab1.6M1.7M1.7M851K765.9K727.6K
Current Deferred Revenue1.4M26.3M545K98K112.7K107.1K
Other Assets1.3M6.2M411K406K365.4K347.1K
Net Tangible Assets21.8M38.0M51.6M19.1M21.9M21.4M
Retained Earnings Total Equity(489.2M)(489.8M)(526.0M)(561.4M)(505.2M)(530.5M)
Capital Surpluse512.0M529.9M583.8M586.4M674.3M509.9M

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