Pharmagen Intangible Assets vs Total Current Assets Analysis

PHRX Stock  USD 0.0001  0.00  0.00%   
Pharmagen financial indicator trend analysis is much more than just breaking down Pharmagen prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pharmagen is a good investment. Please check the relationship between Pharmagen Intangible Assets and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pharmagen. 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 Pharmagen Stock please use our How to Invest in Pharmagen guide.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pharmagen Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pharmagen's Intangible Assets and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pharmagen, assuming nothing else is changed. The correlation between historical values of Pharmagen's Intangible Assets and Total 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 Intangible Assets of Pharmagen are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Pharmagen's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Pharmagen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pharmagen 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 Pharmagen. 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 Pharmagen Stock please use our How to Invest in Pharmagen guide.Selling General Administrative is likely to rise to about 6.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.53 in 2024.
 2012 2013 2023 2024 (projected)
Gross Profit1.3M3.0M3.5M3.7M
Total Revenue4.3M4.8M5.5M5.8M

Pharmagen fundamental ratios Correlations

0.160.28-0.32-0.42-0.320.430.891.00.970.721.0-0.130.480.150.20.980.810.610.25
0.160.99-0.95-0.92-0.950.960.520.150.270.660.23-0.930.941.01.00.310.610.731.0
0.280.99-0.96-0.95-0.960.990.610.270.390.720.35-0.930.980.991.00.420.690.781.0
-0.32-0.95-0.960.991.0-0.95-0.68-0.32-0.43-0.79-0.40.96-0.94-0.94-0.95-0.47-0.77-0.85-0.96
-0.42-0.92-0.950.990.99-0.95-0.75-0.42-0.52-0.84-0.490.93-0.95-0.92-0.93-0.56-0.83-0.88-0.94
-0.32-0.95-0.961.00.99-0.95-0.68-0.32-0.43-0.79-0.390.96-0.94-0.94-0.96-0.47-0.77-0.85-0.96
0.430.960.99-0.95-0.95-0.950.720.420.530.790.49-0.891.00.960.970.560.770.830.98
0.890.520.61-0.68-0.75-0.680.720.890.930.930.93-0.530.750.510.550.960.990.890.59
1.00.150.27-0.32-0.42-0.320.420.890.950.731.0-0.120.480.140.20.980.810.590.24
0.970.270.39-0.43-0.52-0.430.530.930.950.730.97-0.30.570.270.310.990.850.740.36
0.720.660.72-0.79-0.84-0.790.790.930.730.730.78-0.620.820.640.690.810.970.860.7
1.00.230.35-0.4-0.49-0.390.490.931.00.970.78-0.210.540.220.270.990.860.660.32
-0.13-0.93-0.930.960.930.96-0.89-0.53-0.12-0.3-0.62-0.21-0.87-0.94-0.93-0.3-0.62-0.81-0.93
0.480.940.98-0.94-0.95-0.941.00.750.480.570.820.54-0.870.940.950.60.80.840.97
0.151.00.99-0.94-0.92-0.940.960.510.140.270.640.22-0.940.941.00.30.60.730.99
0.21.01.0-0.95-0.93-0.960.970.550.20.310.690.27-0.930.951.00.350.640.751.0
0.980.310.42-0.47-0.56-0.470.560.960.980.990.810.99-0.30.60.30.350.90.740.39
0.810.610.69-0.77-0.83-0.770.770.990.810.850.970.86-0.620.80.60.640.90.920.67
0.610.730.78-0.85-0.88-0.850.830.890.590.740.860.66-0.810.840.730.750.740.920.77
0.251.01.0-0.96-0.94-0.960.980.590.240.360.70.32-0.930.970.991.00.390.670.77
Click cells to compare fundamentals

Pharmagen Account Relationship Matchups

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.

Additional Tools for Pharmagen Stock Analysis

When running Pharmagen's price analysis, check to measure Pharmagen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pharmagen is operating at the current time. Most of Pharmagen's value examination focuses on studying past and present price action to predict the probability of Pharmagen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharmagen's price. Additionally, you may evaluate how the addition of Pharmagen to your portfolios can decrease your overall portfolio volatility.