Processa Other Operating Expenses vs Gross Profit Analysis
PCSA Stock | USD 1.33 0.08 6.40% |
Processa Pharmaceuticals financial indicator trend analysis is much more than just breaking down Processa Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Processa Pharmaceuticals is a good investment. Please check the relationship between Processa Pharmaceuticals Other Operating Expenses and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Processa 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 state. For information on how to trade Processa Stock refer to our How to Trade Processa Stock guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Processa Pharmaceuticals Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Processa Pharmaceuticals' Other Operating Expenses and Gross Profit is -0.74. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Processa Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Processa Pharmaceuticals' Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Processa Pharmaceuticals are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Processa Pharmaceuticals' Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Processa Pharmaceuticals. It is also known as Processa Pharmaceuticals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Processa Pharmaceuticals minus its cost of goods sold. It is profit before Processa Pharmaceuticals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Processa Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Processa 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Processa 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 state. For information on how to trade Processa Stock refer to our How to Trade Processa Stock guide.At present, Processa Pharmaceuticals' Selling General Administrative is projected to increase significantly based on the last few years of reporting. Tax Provision is expected to grow at the current pace this year, whereas Sales General And Administrative To Revenue is forecasted to decline to 10.62.
Processa Pharmaceuticals fundamental ratios Correlations
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Processa Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Processa Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.9M | 25.2M | 26.5M | 8.6M | 5.8M | 8.3M | |
Total Stockholder Equity | 8.0M | 22.9M | 25.5M | 7.5M | 5.0M | 6.5M | |
Property Plant And Equipment Net | 228.0K | 159.0K | 74.2K | 227.6K | 148.6K | 126.4K | |
Non Current Assets Total | 9.9M | 9.0M | 8.1M | 233.1K | 154.1K | 146.4K | |
Common Stock Shares Outstanding | 276.3K | 375.0K | 766.0K | 805.5K | 1.3M | 1.0M | |
Liabilities And Stockholders Equity | 10.9M | 25.2M | 26.5M | 8.6M | 5.8M | 8.3M | |
Other Stockholder Equity | 19.0M | 48.3M | 62.3M | 71.7M | 80.4M | 84.4M | |
Property Plant And Equipment Gross | 248.1K | 159.0K | 103.2K | 227.6K | 148.6K | 99.7K | |
Short Long Term Debt Total | 1.0M | 328.1K | 78.5K | 229.5K | 150.6K | 143.0K | |
Other Current Liab | 235.5K | 695.5K | 610.0K | 513.2K | 251.7K | 283.5K | |
Total Current Liabilities | 1.2M | 1.2M | 971.0K | 998.6K | 730.6K | 1.3M | |
Net Debt | 336.3K | (15.1M) | (16.4M) | (6.3M) | (4.6M) | (4.8M) | |
Retained Earnings | (11.0M) | (25.4M) | (36.8M) | (64.2M) | (75.4M) | (71.6M) | |
Cash | 691.5K | 15.4M | 16.5M | 6.5M | 4.7M | 4.2M | |
Cash And Short Term Investments | 691.5K | 15.4M | 16.5M | 6.5M | 4.7M | 4.2M | |
Common Stock Total Equity | 3.5K | 3.9K | 549.0 | 1.4K | 1.6K | 1.5K | |
Non Current Liabilities Total | 1.7M | 1.1M | 7.4K | 150.6K | 66.9K | 63.6K | |
Total Liab | 2.9M | 2.3M | 978.4K | 1.1M | 797.5K | 1.5M | |
Total Current Assets | 1.0M | 16.2M | 18.3M | 8.4M | 5.6M | 4.8M | |
Short Term Debt | 880.5K | 204.8K | 142.2K | 157.8K | 167.3K | 158.9K | |
Intangible Assets | 10.4M | 9.6M | 8.8M | 8.1M | 9.3M | 9.7M | |
Common Stock | 549.0 | 1.4K | 1.6K | 1.6K | 129.0 | 122.55 | |
Accounts Payable | 75.6K | 320.7K | 218.9K | 327.5K | 311.6K | 203.8K | |
Other Current Assets | 315.6K | 554.7K | 1.8M | 3.8M | 926.3K | 727.1K | |
Other Liab | 10.0K | 2.1M | 1.5M | 930.6K | 1.1M | 844.5K | |
Net Tangible Assets | (736.8K) | (1.6M) | 14.1M | 17.4M | 20.0M | 21.0M | |
Capital Lease Obligations | 225.4K | 165.7K | 78.5K | 229.5K | 150.6K | 103.8K | |
Short Long Term Debt | 2.4M | 230K | 802.5K | 117.6K | 105.8K | 100.5K | |
Property Plant Equipment | 17.4K | 228.0K | 159.0K | 74.2K | 85.3K | 82.8K | |
Net Invested Capital | 8.8M | 23.1M | 25.5M | 7.5M | 5.0M | 4.7M | |
Net Working Capital | (184.4K) | 15.0M | 17.4M | 7.4M | 4.9M | 7.3M | |
Capital Stock | 549.0 | 1.4K | 1.6K | 1.6K | 129.0 | 122.55 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Processa Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Processa Pharmaceuticals' 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 Processa Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Processa Pharmaceuticals Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Processa 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 state. For information on how to trade Processa Stock refer to our How to Trade Processa Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Processa Pharmaceuticals. If investors know Processa 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 Processa 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 (4.80) | Return On Assets (1.13) | Return On Equity (2.12) |
The market value of Processa Pharmaceuticals is measured differently than its book value, which is the value of Processa that is recorded on the company's balance sheet. Investors also form their own opinion of Processa Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Processa 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 Processa Pharmaceuticals' market value can be influenced by many factors that don't directly affect Processa 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 Processa Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Processa Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Processa 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.