Pharmagen Net Receivables vs Total Current Liabilities 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 Net Receivables and its Total Current Liabilities 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.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pharmagen Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pharmagen's Net Receivables and Total Current Liabilities is 0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Pharmagen, assuming nothing else is changed. The correlation between historical values of Pharmagen's Net Receivables and Total Current Liabilities 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 Receivables of Pharmagen are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Pharmagen's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Pharmagen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pharmagen are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Profit | 1.3M | 3.0M | 3.5M | 3.7M | Total Revenue | 4.3M | 4.8M | 5.5M | 5.8M |
Pharmagen fundamental ratios Correlations
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Pharmagen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.