Pieris Other Assets vs Property Plant And Equipment Net Analysis

PIRS Stock  USD 16.83  0.24  1.41%   
Pieris Pharmaceuticals financial indicator trend analysis is much more than just breaking down Pieris Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pieris Pharmaceuticals is a good investment. Please check the relationship between Pieris Pharmaceuticals Other Assets and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pieris 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 metropolitan statistical area.
For more information on how to buy Pieris Stock please use our How to Invest in Pieris Pharmaceuticals guide.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pieris Pharmaceuticals Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pieris Pharmaceuticals' Other Assets and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Pieris Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Pieris Pharmaceuticals' Other Assets and Property Plant And Equipment Net 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 Assets of Pieris Pharmaceuticals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Pieris Pharmaceuticals' Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Pieris Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pieris 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 Pieris 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 metropolitan statistical area.
For more information on how to buy Pieris Stock please use our How to Invest in Pieris Pharmaceuticals guide.Issuance Of Capital Stock is likely to gain to about 22.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.5 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income4K721K1.7M936.8K
Interest Income4K721K1.7M1.8M

Pieris Pharmaceuticals fundamental ratios Correlations

0.70.40.90.80.52-0.89-0.490.770.920.680.740.490.980.550.70.550.910.180.450.660.970.970.060.330.9
0.70.040.530.760.49-0.63-0.560.50.630.590.770.50.680.390.860.730.70.20.50.680.590.710.550.310.67
0.40.040.50.320.48-0.48-0.520.440.490.440.140.360.38-0.10.410.220.350.570.590.540.380.39-0.480.740.28
0.90.530.50.540.35-0.8-0.430.60.790.530.470.280.890.670.60.440.80.250.390.560.950.880.040.380.84
0.80.760.320.540.64-0.8-0.620.820.820.640.850.560.810.130.780.680.730.330.650.740.630.830.160.390.67
0.520.490.480.350.64-0.41-0.910.650.490.920.780.910.430.080.740.720.710.720.860.870.420.54-0.240.660.55
-0.89-0.63-0.48-0.8-0.8-0.410.4-0.66-0.98-0.52-0.66-0.4-0.92-0.28-0.62-0.46-0.74-0.17-0.49-0.56-0.83-0.88-0.13-0.29-0.74
-0.49-0.56-0.52-0.43-0.62-0.910.4-0.56-0.43-0.82-0.7-0.76-0.42-0.11-0.85-0.86-0.65-0.88-0.95-0.94-0.39-0.550.09-0.76-0.54
0.770.50.440.60.820.65-0.66-0.560.710.690.690.430.740.340.640.520.740.410.560.670.670.77-0.070.440.66
0.920.630.490.790.820.49-0.98-0.430.710.620.730.50.920.290.640.480.770.180.510.610.850.870.060.30.74
0.680.590.440.530.640.92-0.52-0.820.690.620.810.870.580.340.810.740.820.560.740.880.630.63-0.130.660.67
0.740.770.140.470.850.78-0.66-0.70.690.730.810.760.690.210.80.830.80.390.680.80.620.730.110.290.68
0.490.50.360.280.560.91-0.4-0.760.430.50.870.760.410.010.640.610.670.460.710.740.420.47-0.210.520.52
0.980.680.380.890.810.43-0.92-0.420.740.920.580.690.410.480.660.50.880.120.40.590.950.970.070.290.89
0.550.39-0.10.670.130.08-0.28-0.110.340.290.340.210.010.480.30.180.54-0.04-0.050.190.660.510.350.060.61
0.70.860.410.60.780.74-0.62-0.850.640.640.810.80.640.660.30.910.750.60.80.950.60.710.210.680.66
0.550.730.220.440.680.72-0.46-0.860.520.480.740.830.610.50.180.910.660.680.790.910.430.580.120.530.55
0.910.70.350.80.730.71-0.74-0.650.740.770.820.80.670.880.540.750.660.330.580.740.890.92-0.050.450.97
0.180.20.570.250.330.72-0.17-0.880.410.180.560.390.460.12-0.040.60.680.330.890.740.10.28-0.210.70.23
0.450.50.590.390.650.86-0.49-0.950.560.510.740.680.710.4-0.050.80.790.580.890.880.330.53-0.090.720.47
0.660.680.540.560.740.87-0.56-0.940.670.610.880.80.740.590.190.950.910.740.740.880.550.66-0.040.770.61
0.970.590.380.950.630.42-0.83-0.390.670.850.630.620.420.950.660.60.430.890.10.330.550.920.010.270.9
0.970.710.390.880.830.54-0.88-0.550.770.870.630.730.470.970.510.710.580.920.280.530.660.920.080.350.94
0.060.55-0.480.040.16-0.24-0.130.09-0.070.06-0.130.11-0.210.070.350.210.12-0.05-0.21-0.09-0.040.010.08-0.20.03
0.330.310.740.380.390.66-0.29-0.760.440.30.660.290.520.290.060.680.530.450.70.720.770.270.35-0.20.36
0.90.670.280.840.670.55-0.74-0.540.660.740.670.680.520.890.610.660.550.970.230.470.610.90.940.030.36
Click cells to compare fundamentals

Pieris Pharmaceuticals Account Relationship Matchups

Pieris Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.1M105.0M153.6M95.5M38.7M36.7M
Other Current Liab5.0M6.6M15.8M10.7M8.6M6.6M
Total Current Liabilities27.0M22.1M50.6M36.6M11.9M11.3M
Total Stockholder Equity51.4M31.0M50.8M27.9M26.8M28.8M
Property Plant And Equipment Net22.9M26.0M23.0M20.7M23.8M25.0M
Net Debt(46.0M)(53.5M)(103.9M)(25.5M)(17.4M)(18.3M)
Retained Earnings(174.2M)(211.4M)(257.1M)(290.4M)(315.0M)(299.2M)
Accounts Payable10.1M1.8M8.6M4.2M3.4M3.6M
Cash62.3M70.4M117.8M38.6M17.4M16.5M
Non Current Assets Total26.1M29.3M25.9M22.1M25.4M13.5M
Non Currrent Assets Other3.1M3.3M2.9M1.4M1.6M1.1M
Other Assets910K3.1M7.2M2.9M3.3M3.5M
Cash And Short Term Investments104.2M70.4M117.8M59.2M26.4M25.0M
Net Receivables6.8M1.7M3.3M5.8M572K543.4K
Common Stock Total Equity54K55K56K72K82.8K42.7K
Common Stock Shares Outstanding632.8K681.0K806.8K927.2K1.1M674.0K
Liabilities And Stockholders Equity141.1M105.0M153.6M95.5M38.7M36.7M
Non Current Liabilities Total62.7M51.8M52.2M31.0M35.6M30.4M
Other Current Assets4.1M7.2M13.1M8.4M11.7M12.3M
Other Stockholder Equity227.5M242.7M307.0M318.5M341.6M201.9M
Total Liab89.7M74.0M102.8M67.6M11.9M11.3M
Total Current Assets115.0M75.7M127.6M73.4M38.7M69.0M
Common Stock55K56K72K74K98K57.9K
Other Liab47.3M35.9M38.4M18.7M21.5M26.7M
Net Tangible Assets51.4M31.0M50.8M27.9M32.1M31.6M
Current Deferred Revenue11.3M12.6M25.1M20.8M23.9M17.9M
Retained Earnings Total Equity(147.1M)(174.2M)(211.4M)(257.1M)(231.4M)(219.9M)
Short Term Investments34.8M53.2M41.9M20.5M9.0M15.9M
Capital Surpluse189.9M227.5M242.7M307.0M353.0M370.7M
Property Plant And Equipment Gross22.9M22.0M23.0M20.7M23.8M25.0M
Accumulated Other Comprehensive Income(2.0M)(295K)829K(254K)28K29.4K
Non Current Liabilities Other27K62.7M6K52.2M60.1M63.1M
Property Plant Equipment19.5M26.0M23.0M20.7M23.8M25.0M
Net Invested Capital51.4M31.0M50.8M27.9M32.1M39.0M
Net Working Capital88.0M53.6M77.1M36.8M33.2M51.6M
Capital Stock55K56K72K74K85.1K68.4K

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