Phathom Other Stockholder Equity vs Other Current Assets Analysis

PHAT Stock  USD 8.87  0.10  1.11%   
Phathom Pharmaceuticals financial indicator trend analysis is much more than just breaking down Phathom Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phathom Pharmaceuticals is a good investment. Please check the relationship between Phathom Pharmaceuticals Other Stockholder Equity and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phathom 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 nation.
For more information on how to buy Phathom Stock please use our How to Invest in Phathom Pharmaceuticals guide.

Other Stockholder Equity vs Other Current Assets

Other Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phathom Pharmaceuticals Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Phathom Pharmaceuticals' Other Stockholder Equity and Other Current Assets is 0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Phathom Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Phathom Pharmaceuticals' Other Stockholder Equity and Other Current 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 Other Stockholder Equity of Phathom Pharmaceuticals are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Phathom Pharmaceuticals' Other Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Phathom Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phathom 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 Phathom 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 nation.
For more information on how to buy Phathom Stock please use our How to Invest in Phathom Pharmaceuticals guide.Selling General Administrative is likely to gain to about 123.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 84.4 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation521K620K575K450.3K
Cost Of Revenue521K620K167K158.7K

Phathom Pharmaceuticals fundamental ratios Correlations

0.850.60.830.250.260.86-0.95-0.870.841.01.00.940.940.950.960.770.740.941.01.00.070.760.830.590.77
0.850.550.76-0.17-0.160.93-0.69-0.950.80.850.850.970.910.850.940.850.40.870.850.84-0.130.980.910.40.98
0.60.550.910.270.280.77-0.59-0.570.890.620.620.640.690.510.650.410.590.640.610.550.680.560.790.940.44
0.830.760.910.150.160.88-0.78-0.770.990.840.840.830.820.720.830.670.580.780.830.790.510.720.920.90.68
0.25-0.170.270.151.0-0.03-0.360.180.090.260.260.010.220.20.12-0.380.80.310.260.270.43-0.26-0.120.37-0.35
0.26-0.160.280.161.0-0.02-0.380.170.10.280.280.030.230.220.14-0.360.810.320.280.290.42-0.24-0.110.37-0.34
0.860.930.770.88-0.03-0.02-0.78-0.960.90.870.870.960.930.840.940.850.550.870.860.840.10.920.970.630.88
-0.95-0.69-0.59-0.78-0.36-0.38-0.780.78-0.77-0.96-0.96-0.82-0.85-0.89-0.86-0.72-0.81-0.84-0.96-0.96-0.14-0.59-0.73-0.63-0.6
-0.87-0.95-0.57-0.770.180.17-0.960.78-0.8-0.86-0.86-0.96-0.9-0.89-0.94-0.94-0.44-0.84-0.86-0.860.14-0.93-0.93-0.44-0.94
0.840.80.890.990.090.10.9-0.77-0.80.840.840.860.840.750.850.70.540.80.830.790.460.760.950.870.72
1.00.850.620.840.260.280.87-0.96-0.860.841.00.930.940.950.960.760.750.941.01.00.090.760.830.610.76
1.00.850.620.840.260.280.87-0.96-0.860.841.00.930.940.950.960.760.750.941.01.00.090.760.830.610.76
0.940.970.640.830.010.030.96-0.82-0.960.860.930.930.970.930.990.840.580.950.930.92-0.020.940.930.530.92
0.940.910.690.820.220.230.93-0.85-0.90.840.940.940.970.950.990.720.730.990.940.930.050.860.880.580.82
0.950.850.510.720.20.220.84-0.89-0.890.750.950.950.930.950.960.750.70.960.950.96-0.10.770.80.460.77
0.960.940.650.830.120.140.94-0.86-0.940.850.960.960.990.990.960.80.660.970.960.95-0.010.890.910.550.87
0.770.850.410.67-0.38-0.360.85-0.72-0.940.70.760.760.840.720.750.80.240.640.760.75-0.210.820.840.340.88
0.740.40.590.580.80.810.55-0.81-0.440.540.750.750.580.730.70.660.240.760.750.750.290.310.430.590.24
0.940.870.640.780.310.320.87-0.84-0.840.80.940.940.950.990.960.970.640.760.940.940.050.810.820.550.76
1.00.850.610.830.260.280.86-0.96-0.860.831.01.00.930.940.950.960.760.750.941.00.080.760.830.60.76
1.00.840.550.790.270.290.84-0.96-0.860.791.01.00.920.930.960.950.750.750.941.00.020.740.790.540.75
0.07-0.130.680.510.430.420.1-0.140.140.460.090.09-0.020.05-0.1-0.01-0.210.290.050.080.02-0.140.20.82-0.24
0.760.980.560.72-0.26-0.240.92-0.59-0.930.760.760.760.940.860.770.890.820.310.810.760.74-0.140.90.370.98
0.830.910.790.92-0.12-0.110.97-0.73-0.930.950.830.830.930.880.80.910.840.430.820.830.790.20.90.70.87
0.590.40.940.90.370.370.63-0.63-0.440.870.610.610.530.580.460.550.340.590.550.60.540.820.370.70.28
0.770.980.440.68-0.35-0.340.88-0.6-0.940.720.760.760.920.820.770.870.880.240.760.760.75-0.240.980.870.28
Click cells to compare fundamentals

Phathom Pharmaceuticals Account Relationship Matchups

Phathom Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets257.2M295.1M189.4M164.8M413.8M242.2M
Short Long Term Debt Total23.6M49.0M91.3M97.1M139.0M73.7M
Other Current Liab413K30.4M12.8M14.8M7.1M12.4M
Total Current Liabilities3.7M55.5M18.9M26.2M38.8M26.7M
Total Stockholder Equity228.0M194.3M72.2M(74.8M)(72.8M)(69.1M)
Net Tangible Assets228.0M194.3M72.2M(74.8M)(67.3M)(64.0M)
Net Debt(220.2M)(238.5M)(91.9M)(58.3M)(242.4M)(230.2M)
Retained Earnings(256.4M)(385.5M)(529.4M)(727.1M)(928.7M)(882.3M)
Accounts Payable699K16.8M5.2M10.0M12.6M8.3M
Cash243.8M287.5M183.3M155.4M381.4M229.6M
Non Current Assets Total1.6M3.7M2.9M4.3M16.4M17.2M
Non Currrent Assets Other181K384K341K299K9.9M10.4M
Cash And Short Term Investments243.8M287.5M183.3M155.4M381.4M229.6M
Common Stock Shares Outstanding24.7M33.2M37.0M39.1M51.3M35.6M
Liabilities And Stockholders Equity257.2M295.1M189.4M164.8M413.8M242.2M
Non Current Liabilities Total25.5M45.3M98.4M213.4M447.8M470.2M
Other Current Assets11.8M7.7M6.5M10.3M13.2M9.1M
Other Stockholder Equity484.4M579.8M601.5M652.3M855.9M581.9M
Total Liab29.2M100.8M117.3M239.6M486.6M510.9M
Net Invested Capital250.7M241.3M161.8M20.5M65.1M98.7M
Total Current Assets255.6M291.4M186.5M160.5M397.4M236.9M
Net Working Capital251.9M235.8M167.6M134.3M358.7M210.3M
Short Term Debt161K8.3M974K1.4M726K689.7K

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Additional Tools for Phathom Stock Analysis

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