Palisade Net Tangible Assets vs Total Assets Analysis

PALI Stock  USD 2.46  0.04  1.65%   
Palisade Bio financial indicator trend analysis is much more than just breaking down Palisade Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palisade Bio is a good investment. Please check the relationship between Palisade Bio Net Tangible Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palisade Bio Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Palisade Bio's Net Tangible Assets and Total Assets is -0.09. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Palisade Bio, assuming nothing else is changed. The correlation between historical values of Palisade Bio's Net Tangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Palisade Bio are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Palisade Bio's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Palisade Bio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Palisade Bio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Palisade Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palisade Bio 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.As of now, Palisade Bio's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M13K15K14.3K
Depreciation And Amortization168K167K4K3.8K

Palisade Bio fundamental ratios Correlations

0.4-0.20.370.750.40.05-0.35-0.350.490.820.39-0.131.00.390.030.320.40.420.360.561.00.220.560.390.2
0.40.070.380.180.56-0.290.340.020.390.170.46-0.240.40.91-0.340.260.22-0.010.340.560.370.760.730.91-0.33
-0.20.070.6-0.660.350.120.130.450.44-0.140.470.8-0.23-0.080.170.57-0.13-0.490.62-0.26-0.240.15-0.25-0.17-0.13
0.370.380.6-0.270.62-0.090.170.030.740.240.740.580.330.27-0.040.720.3-0.050.890.150.330.620.270.21-0.14
0.750.18-0.66-0.270.050.17-0.56-0.4-0.070.73-0.17-0.610.770.210.09-0.350.380.48-0.340.610.78-0.040.390.250.32
0.40.560.350.620.05-0.030.14-0.150.610.180.650.250.350.40.020.330.460.150.480.740.360.550.390.330.16
0.05-0.290.12-0.090.17-0.03-0.440.09-0.360.22-0.210.080.07-0.250.94-0.280.13-0.06-0.240.020.07-0.26-0.4-0.27-0.02
-0.350.340.130.17-0.560.14-0.440.090.15-0.740.230.08-0.360.42-0.460.38-0.17-0.150.32-0.13-0.380.290.220.42-0.4
-0.350.020.450.03-0.4-0.150.090.090.02-0.21-0.330.24-0.340.080.120.06-0.23-1.00.05-0.39-0.34-0.06-0.610.01-0.03
0.490.390.440.74-0.070.61-0.360.150.020.230.650.50.450.24-0.320.760.07-0.010.820.190.450.360.30.180.12
0.820.17-0.140.240.730.180.22-0.74-0.210.230.15-0.110.820.130.170.030.420.280.130.420.830.110.290.130.26
0.390.460.470.74-0.170.65-0.210.23-0.330.650.150.540.350.34-0.140.70.010.310.770.240.320.460.590.29-0.05
-0.13-0.240.80.58-0.610.250.080.080.240.5-0.110.54-0.18-0.280.140.64-0.22-0.280.65-0.4-0.18-0.08-0.31-0.380.2
1.00.4-0.230.330.770.350.07-0.36-0.340.450.820.35-0.180.40.030.290.360.410.330.541.00.20.560.40.15
0.390.91-0.080.270.210.4-0.250.420.080.240.130.34-0.280.4-0.30.260.24-0.070.290.450.380.610.650.99-0.25
0.03-0.340.17-0.040.090.020.94-0.460.12-0.320.17-0.140.140.03-0.3-0.260.1-0.09-0.210.00.04-0.3-0.47-0.340.07
0.320.260.570.72-0.350.33-0.280.380.060.760.030.70.640.290.26-0.26-0.15-0.080.95-0.20.270.180.260.2-0.17
0.40.22-0.130.30.380.460.13-0.17-0.230.070.420.01-0.220.360.240.1-0.150.250.040.650.410.410.20.220.25
0.42-0.01-0.49-0.050.480.15-0.06-0.15-1.0-0.010.280.31-0.280.41-0.07-0.09-0.080.25-0.070.430.410.040.620.00.07
0.360.340.620.89-0.340.48-0.240.320.050.820.130.770.650.330.29-0.210.950.04-0.07-0.060.310.390.30.23-0.17
0.560.56-0.260.150.610.740.02-0.13-0.390.190.420.24-0.40.540.450.0-0.20.650.43-0.060.560.470.540.450.2
1.00.37-0.240.330.780.360.07-0.38-0.340.450.830.32-0.181.00.380.040.270.410.410.310.560.190.530.380.21
0.220.760.150.62-0.040.55-0.260.29-0.060.360.110.46-0.080.20.61-0.30.180.410.040.390.470.190.580.61-0.38
0.560.73-0.250.270.390.39-0.40.22-0.610.30.290.59-0.310.560.65-0.470.260.20.620.30.540.530.580.71-0.27
0.390.91-0.170.210.250.33-0.270.420.010.180.130.29-0.380.40.99-0.340.20.220.00.230.450.380.610.71-0.33
0.2-0.33-0.13-0.140.320.16-0.02-0.4-0.030.120.26-0.050.20.15-0.250.07-0.170.250.07-0.170.20.21-0.38-0.27-0.33
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Palisade Bio Account Relationship Matchups

Palisade Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M3.0M12.5M15.8M14.1M12.3M
Other Current Liab368.0K4.3M862K1.1M1.6M1.5M
Total Current Liabilities1.2M8.1M2.5M3.0M2.6M3.4M
Total Stockholder Equity5.1M(16.6M)7.4M12.5M11.3M6.2M
Property Plant And Equipment Net242.7K280K112K310K208K233.1K
Net Debt(4.9M)708K(10.3M)(12.0M)(12.1M)(11.5M)
Retained Earnings(222.0M)(68.0M)(94.6M)(109.2M)(121.5M)(127.6M)
Accounts Payable824.4K2.5M1.3M1.8M698K663.1K
Cash5.1M713K10.5M12.4M12.4M8.5M
Non Current Assets Total937.0K2.1M138K1.0M724K1.1M
Non Currrent Assets Other25.3K1.8M26K694K516K321.3K
Cash And Short Term Investments5.1M713K10.5M12.4M12.4M10.4M
Common Stock Total Equity151.6K182.1K38.7K173.0K155.7K147.9K
Common Stock Shares Outstanding488.3255.5K12.5K58.7K456.0K478.8K
Liabilities And Stockholders Equity6.6M3.0M12.5M15.8M14.1M12.3M
Non Current Liabilities Total233.1K11.5M2.7M272K153K145.4K
Other Current Assets510.9K124K861K912K748K542.6K
Other Stockholder Equity227.1M60.9M102.0M121.6M132.7M140.2M
Total Liab1.5M19.6M5.1M3.3M2.7M2.6M
Property Plant And Equipment Gross268.1K10.8K112K310K208K218.2K
Total Current Assets5.6M896K12.4M14.7M13.3M11.2M
Intangible Assets883.5K763.5K668.9K147.1K169.2K160.7K
Common Stock38.7K28K143K30K93K88.4K
Net Receivables21.1K59K150K1.4M148K264.5K
Other Assets13.9K24.0K26K157.6K29.9K48.2K
Capital Surpluse217.1M219.5M227.1M247.8M285.0M245.4M
Property Plant Equipment5K420K280K112K100.8K167.9K

Currently Active Assets on Macroaxis

When determining whether Palisade Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palisade Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Palisade Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palisade Bio Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology 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 Palisade Bio. If investors know Palisade 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 Palisade Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.26)
Return On Assets
(0.59)
Return On Equity
(1.10)
The market value of Palisade Bio is measured differently than its book value, which is the value of Palisade that is recorded on the company's balance sheet. Investors also form their own opinion of Palisade Bio's value that differs from its market value or its book value, called intrinsic value, which is Palisade Bio's 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 Palisade Bio's market value can be influenced by many factors that don't directly affect Palisade Bio's 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 Palisade Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palisade Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palisade Bio's 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.