Painreform Non Currrent Assets Other vs Cash Analysis

PRFX Stock  USD 2.78  0.03  1.09%   
Painreform financial indicator trend analysis is much more than just breaking down Painreform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Painreform is a good investment. Please check the relationship between Painreform Non Currrent Assets Other and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Painreform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Painreform Stock please use our How to Invest in Painreform guide.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Painreform Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Painreform's Non Currrent Assets Other and Cash is 0.76. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Painreform, assuming nothing else is changed. The correlation between historical values of Painreform's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Painreform are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Painreform's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Painreform, which is listed under current asset account on Painreform balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Painreform customers. The amounts must be unrestricted with restricted cash listed in a different Painreform account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Painreform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Painreform 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 Painreform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Painreform Stock please use our How to Invest in Painreform guide.Tax Provision is likely to drop to 7,600 in 2024. Selling General Administrative is likely to drop to about 2.6 M in 2024
 2020 2022 2023 2024 (projected)
Reconciled Depreciation7K15K17.3K10.5K
Cost Of Revenue7K15K17.3K10.5K

Painreform fundamental ratios Correlations

0.310.7-0.960.270.310.610.510.930.860.54-0.730.530.99-0.570.480.540.74-0.90.480.82-0.43-0.670.75-0.520.55
0.310.14-0.310.020.040.150.150.250.310.16-0.020.090.32-0.120.150.950.64-0.250.150.220.16-0.630.210.210.14
0.70.14-0.810.710.70.980.970.920.860.98-0.980.980.72-0.970.920.310.85-0.480.920.980.23-0.850.96-0.930.98
-0.96-0.31-0.81-0.35-0.42-0.76-0.65-0.97-0.94-0.680.84-0.67-0.960.66-0.57-0.53-0.820.77-0.57-0.90.220.78-0.880.66-0.69
0.270.020.71-0.350.210.70.740.530.290.73-0.690.740.25-0.750.740.00.54-0.180.740.660.41-0.560.6-0.70.73
0.310.040.7-0.420.210.710.770.530.690.77-0.630.760.4-0.770.790.190.54-0.130.790.610.32-0.570.64-0.680.76
0.610.150.98-0.760.70.710.980.860.840.98-0.960.980.63-0.950.90.310.83-0.330.90.950.37-0.860.97-0.930.99
0.510.150.97-0.650.740.770.980.790.771.0-0.921.00.54-0.980.960.260.81-0.270.960.90.46-0.840.91-0.911.0
0.930.250.92-0.970.530.530.860.790.930.81-0.930.810.93-0.820.740.460.86-0.750.740.97-0.11-0.830.93-0.780.82
0.860.310.86-0.940.290.690.840.770.930.79-0.860.780.89-0.760.690.540.85-0.640.690.91-0.03-0.830.91-0.720.79
0.540.160.98-0.680.730.770.981.00.810.79-0.931.00.57-0.980.960.280.83-0.320.960.920.42-0.850.91-0.911.0
-0.73-0.02-0.980.84-0.69-0.63-0.96-0.92-0.93-0.86-0.93-0.94-0.740.92-0.85-0.21-0.780.51-0.85-0.98-0.140.77-0.960.95-0.94
0.530.090.98-0.670.740.760.981.00.810.781.0-0.940.56-0.980.950.220.79-0.30.950.920.42-0.820.92-0.941.0
0.990.320.72-0.960.250.40.630.540.930.890.57-0.740.56-0.60.520.560.75-0.890.520.82-0.42-0.690.76-0.530.58
-0.57-0.12-0.970.66-0.75-0.77-0.95-0.98-0.82-0.76-0.980.92-0.98-0.6-0.99-0.25-0.790.37-0.99-0.91-0.310.81-0.890.9-0.98
0.480.150.92-0.570.740.790.90.960.740.690.96-0.850.950.52-0.990.260.76-0.31.00.840.37-0.780.82-0.840.95
0.540.950.31-0.530.00.190.310.260.460.540.28-0.210.220.56-0.250.260.74-0.410.260.390.01-0.720.40.050.27
0.740.640.85-0.820.540.540.830.810.860.850.83-0.780.790.75-0.790.760.74-0.540.760.880.24-0.990.86-0.610.82
-0.9-0.25-0.480.77-0.18-0.13-0.33-0.27-0.75-0.64-0.320.51-0.3-0.890.37-0.3-0.41-0.54-0.3-0.610.610.45-0.460.3-0.31
0.480.150.92-0.570.740.790.90.960.740.690.96-0.850.950.52-0.991.00.260.76-0.30.840.37-0.780.82-0.840.95
0.820.220.98-0.90.660.610.950.90.970.910.92-0.980.920.82-0.910.840.390.88-0.610.840.1-0.870.97-0.880.93
-0.430.160.230.220.410.320.370.46-0.11-0.030.42-0.140.42-0.42-0.310.370.010.240.610.370.1-0.340.18-0.290.42
-0.67-0.63-0.850.78-0.56-0.57-0.86-0.84-0.83-0.83-0.850.77-0.82-0.690.81-0.78-0.72-0.990.45-0.78-0.87-0.34-0.860.63-0.85
0.750.210.96-0.880.60.640.970.910.930.910.91-0.960.920.76-0.890.820.40.86-0.460.820.970.18-0.86-0.880.93
-0.520.21-0.930.66-0.7-0.68-0.93-0.91-0.78-0.72-0.910.95-0.94-0.530.9-0.840.05-0.610.3-0.84-0.88-0.290.63-0.88-0.93
0.550.140.98-0.690.730.760.991.00.820.791.0-0.941.00.58-0.980.950.270.82-0.310.950.930.42-0.850.93-0.93
Click cells to compare fundamentals

Painreform Account Relationship Matchups

Painreform fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab166K241K621K855K2.1M2.2M
Total Current Liabilities6.3M961K757K1.1M2.4M1.8M
Net Tangible Assets(12.2M)16.6M18.1M11.0M12.7M13.3M
Retained Earnings(12.4M)(16.5M)(23.7M)(32.5M)(41.9M)(39.8M)
Accounts Payable0.0720K136K209K221K212.5K
Net Receivables22K53K218K55K45K69.3K
Other Current Assets3K2.1M2.3M2.0M1.7M1.3M
Total Current Assets972K17.8M19.0M12.3M9.8M9.5M
Total Assets1.2M17.8M19.1M12.3M9.9M11.1M
Total Stockholder Equity(5.6M)16.6M18.1M11.0M7.2M7.9M
Net Debt5.2M(15.7M)(16.5M)(4.1M)(7.9M)(8.3M)
Cash941K15.7M16.5M4.1M8.0M8.3M
Non Current Assets Total192K10K53K44K131K79.0K
Cash And Short Term Investments941K15.7M16.5M4.1M8.0M8.3M
Common Stock Shares Outstanding930.8K1.2M981.2K1.1M218.2K207.2K
Liabilities And Stockholders Equity1.2M17.8M19.1M12.3M9.9M11.1M
Non Current Liabilities Total447K220K234K243K281K267.0K
Other Stockholder Equity180K33.0M41.7M43.4M49.0M30.7M
Total Liab6.8M1.2M991K1.3M2.7M2.3M
Net Invested Capital(6.1M)16.6M18.1M11.0M7.2M7.4M
Net Working Capital(5.4M)16.8M18.3M11.2M7.4M8.9M

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 Painreform Stock Analysis

When running Painreform's price analysis, check to measure Painreform'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 Painreform is operating at the current time. Most of Painreform's value examination focuses on studying past and present price action to predict the probability of Painreform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Painreform's price. Additionally, you may evaluate how the addition of Painreform to your portfolios can decrease your overall portfolio volatility.