Painreform Total Current Assets vs Property Plant Equipment Analysis

PRFX Stock  USD 2.75  0.03  1.10%   
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 Total Current Assets and its Property Plant Equipment 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.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Painreform Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Painreform's Total Current Assets and Property Plant Equipment is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Painreform, assuming nothing else is changed. The correlation between historical values of Painreform's Total Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Painreform are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Painreform's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Property Plant Equipment

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)(8.0M)(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

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