Processa Total Assets vs Accounts Payable Analysis

PCSA Stock  USD 0.98  0.04  3.92%   
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 Total Assets and its Accounts Payable 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Processa Pharmaceuticals Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Processa Pharmaceuticals' Total Assets and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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' Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Processa Pharmaceuticals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Processa Pharmaceuticals' Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Processa Pharmaceuticals 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 Processa Pharmaceuticals 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.

Accounts Payable

An accounting item on the balance sheet that represents Processa Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Processa Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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

0.99-0.020.770.210.510.51-0.60.8-0.22-0.91-0.250.89-0.260.890.540.150.12-0.020.89-0.540.710.440.510.540.39
0.99-0.010.720.160.530.52-0.60.81-0.23-0.94-0.280.92-0.250.920.520.10.07-0.090.92-0.560.690.380.490.530.42
-0.02-0.010.04-0.260.060.16-0.310.14-0.240.06-0.03-0.110.85-0.110.01-0.31-0.24-0.5-0.08-0.230.03-0.1-0.210.040.1
0.770.720.040.430.010.32-0.360.39-0.25-0.450.240.44-0.090.440.520.20.50.430.42-0.290.590.580.30.23-0.02
0.210.16-0.260.430.05-0.14-0.29-0.13-0.38-0.010.02-0.03-0.18-0.03-0.250.590.590.45-0.03-0.370.470.740.230.380.01
0.510.530.060.010.050.67-0.760.67-0.08-0.67-0.950.59-0.310.590.290.19-0.39-0.530.63-0.550.720.040.740.740.69
0.510.520.160.32-0.140.67-0.50.63-0.09-0.51-0.590.47-0.370.470.74-0.09-0.08-0.160.5-0.350.73-0.020.630.460.65
-0.6-0.6-0.31-0.36-0.29-0.76-0.5-0.67-0.030.590.67-0.48-0.02-0.48-0.31-0.380.360.41-0.510.41-0.71-0.41-0.73-0.72-0.53
0.80.810.140.39-0.130.670.63-0.670.04-0.87-0.480.84-0.180.840.560.04-0.31-0.360.86-0.390.540.280.550.650.62
-0.22-0.23-0.24-0.25-0.38-0.08-0.09-0.030.040.17-0.04-0.19-0.19-0.190.250.34-0.60.04-0.190.84-0.38-0.070.34-0.12-0.13
-0.91-0.940.06-0.45-0.01-0.67-0.510.59-0.870.170.46-0.990.3-0.99-0.43-0.070.140.3-0.990.57-0.6-0.24-0.49-0.61-0.54
-0.25-0.28-0.030.240.02-0.95-0.590.67-0.48-0.040.46-0.380.31-0.38-0.18-0.170.50.58-0.430.39-0.570.1-0.69-0.65-0.67
0.890.92-0.110.44-0.030.590.47-0.480.84-0.19-0.99-0.38-0.321.00.420.02-0.09-0.261.0-0.550.530.210.410.550.5
-0.26-0.250.85-0.09-0.18-0.31-0.37-0.02-0.18-0.190.30.31-0.32-0.32-0.37-0.28-0.18-0.39-0.31-0.04-0.36-0.09-0.55-0.23-0.24
0.890.92-0.110.44-0.030.590.47-0.480.84-0.19-0.99-0.381.0-0.320.420.02-0.09-0.261.0-0.550.530.210.410.550.5
0.540.520.010.52-0.250.290.74-0.310.560.25-0.43-0.180.42-0.370.42-0.03-0.010.180.410.050.49-0.020.550.230.12
0.150.1-0.310.20.590.19-0.09-0.380.040.34-0.07-0.170.02-0.280.02-0.030.030.30.020.150.240.70.610.540.07
0.120.07-0.240.50.59-0.39-0.080.36-0.31-0.60.140.5-0.09-0.18-0.09-0.010.030.78-0.12-0.310.240.36-0.25-0.08-0.28
-0.02-0.09-0.50.430.45-0.53-0.160.41-0.360.040.30.58-0.26-0.39-0.260.180.30.78-0.30.250.020.39-0.03-0.19-0.45
0.890.92-0.080.42-0.030.630.5-0.510.86-0.19-0.99-0.431.0-0.311.00.410.02-0.12-0.3-0.560.550.220.440.580.56
-0.54-0.56-0.23-0.29-0.37-0.55-0.350.41-0.390.840.570.39-0.55-0.04-0.550.050.15-0.310.25-0.56-0.67-0.18-0.08-0.5-0.44
0.710.690.030.590.470.720.73-0.710.54-0.38-0.6-0.570.53-0.360.530.490.240.240.020.55-0.670.370.710.650.48
0.440.38-0.10.580.740.04-0.02-0.410.28-0.07-0.240.10.21-0.090.21-0.020.70.360.390.22-0.180.370.330.560.22
0.510.49-0.210.30.230.740.63-0.730.550.34-0.49-0.690.41-0.550.410.550.61-0.25-0.030.44-0.080.710.330.660.46
0.540.530.040.230.380.740.46-0.720.65-0.12-0.61-0.650.55-0.230.550.230.54-0.08-0.190.58-0.50.650.560.660.6
0.390.420.1-0.020.010.690.65-0.530.62-0.13-0.54-0.670.5-0.240.50.120.07-0.28-0.450.56-0.440.480.220.460.6
Click cells to compare fundamentals

Processa Pharmaceuticals Account Relationship Matchups

Processa Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9M25.2M26.5M8.6M5.8M8.3M
Total Stockholder Equity8.0M22.9M25.5M7.5M5.0M6.5M
Property Plant And Equipment Net228.0K159.0K74.2K227.6K148.6K126.4K
Non Current Assets Total9.9M9.0M8.1M233.1K154.1K146.4K
Common Stock Shares Outstanding276.3K375.0K766.0K805.5K1.3M1.0M
Liabilities And Stockholders Equity10.9M25.2M26.5M8.6M5.8M8.3M
Other Stockholder Equity19.0M48.3M62.3M71.7M80.4M84.4M
Property Plant And Equipment Gross248.1K159.0K103.2K227.6K148.6K99.7K
Short Long Term Debt Total1.0M328.1K78.5K229.5K150.6K143.0K
Other Current Liab235.5K695.5K610.0K513.2K251.7K283.5K
Total Current Liabilities1.2M1.2M971.0K998.6K730.6K1.3M
Net Debt336.3K(15.1M)(16.4M)(6.3M)(4.6M)(4.8M)
Retained Earnings(11.0M)(25.4M)(36.8M)(64.2M)(75.4M)(71.6M)
Cash691.5K15.4M16.5M6.5M4.7M4.2M
Cash And Short Term Investments691.5K15.4M16.5M6.5M4.7M4.2M
Common Stock Total Equity3.5K3.9K549.01.4K1.6K1.5K
Non Current Liabilities Total1.7M1.1M7.4K150.6K66.9K63.6K
Total Liab2.9M2.3M978.4K1.1M797.5K1.5M
Total Current Assets1.0M16.2M18.3M8.4M5.6M4.8M
Short Term Debt880.5K204.8K142.2K157.8K167.3K158.9K
Intangible Assets10.4M9.6M8.8M8.1M9.3M9.7M
Common Stock549.01.4K1.6K1.6K129.0122.55
Accounts Payable75.6K320.7K218.9K327.5K311.6K203.8K
Other Current Assets315.6K554.7K1.8M3.8M926.3K727.1K
Other Liab10.0K2.1M1.5M930.6K1.1M844.5K
Net Tangible Assets(736.8K)(1.6M)14.1M17.4M20.0M21.0M
Capital Lease Obligations225.4K165.7K78.5K229.5K150.6K103.8K
Short Long Term Debt2.4M230K802.5K117.6K105.8K100.5K
Property Plant Equipment17.4K228.0K159.0K74.2K85.3K82.8K
Net Invested Capital8.8M23.1M25.5M7.5M5.0M4.7M
Net Working Capital(184.4K)15.0M17.4M7.4M4.9M7.3M
Capital Stock549.01.4K1.6K1.6K129.0122.55

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.