Pharmagen Preferred Stock Total Equity vs Total 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 Preferred Stock Total Equity and its Total 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.
Preferred Stock Total Equity vs Total Assets
Preferred Stock Total Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pharmagen Preferred Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pharmagen's Preferred Stock Total Equity and Total Assets is 0.2. Overlapping area represents the amount of variation of Preferred Stock Total Equity that can explain the historical movement of Total 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 Preferred Stock Total Equity and Total 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 Preferred Stock Total Equity of Pharmagen are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Preferred Stock Total Equity i.e., Pharmagen's Preferred Stock Total Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Preferred Stock Total Equity
Total Assets
Total assets refers to the total amount of Pharmagen 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 Pharmagen 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.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.