Palatin Historical Financial Ratios
| PTN Stock | USD 0.88 0.02 2.33% |
Palatin Technologies is promptly reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Average Payables of 1.9 M, Stock Based Compensation To Revenue of 0.4, Capex To Depreciation of 0.12 or Ev To Sales of 3.89 will help investors to properly organize and evaluate Palatin Technologies financial condition quickly.
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About Palatin Financial Ratios Analysis
Palatin TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Palatin Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Palatin financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Palatin Technologies history.
Palatin Technologies Financial Ratios Chart
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Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Palatin Technologies. There are two different methods for calculating Palatin Technologies invested capital: operating approach and financing approach. Understanding Palatin Technologies invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Palatin Technologies' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Palatin Technologies current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.At this time, Palatin Technologies' Days Sales Outstanding is very stable compared to the past year. As of the 14th of December 2024, Days Of Inventory On Hand is likely to grow to 734.29, while Price To Sales Ratio is likely to drop 5.78.
Palatin Technologies fundamentals Correlations
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Palatin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palatin Technologies fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.0K | (765.42) | 45.49 | 4.71 | 6.09 | 5.78 | |
| Ptb Ratio | 1.49 | 2.91 | 4.11 | 170.57 | (245.18) | (232.92) | |
| Book Value Per Share | 8.54 | 5.25 | 1.7 | 0.0123 | (0.007586) | (0.007207) | |
| Free Cash Flow Yield | 0.34 | (0.16) | (0.45) | (1.26) | (1.15) | (1.09) | |
| Operating Cash Flow Per Share | 4.4 | (2.39) | (3.14) | (2.61) | (2.14) | (2.25) | |
| Stock Based Compensation To Revenue | 26.6 | (16.8) | 1.71 | 0.29 | 0.42 | 0.4 | |
| Capex To Depreciation | 0.98 | 0.11 | 2.06 | 1.5 | 0.13 | 0.12 | |
| Pb Ratio | 1.49 | 2.91 | 4.11 | 170.57 | (245.18) | (232.92) | |
| Ev To Sales | 322.94 | (453.37) | 25.89 | 3.28 | 4.1 | 3.89 | |
| Free Cash Flow Per Share | 4.4 | (2.39) | (3.16) | (2.65) | (2.14) | (2.25) | |
| Roic | (0.29) | (0.67) | (2.16) | (46.67) | (71.4) | (67.83) | |
| Net Income Per Share | (2.38) | (3.55) | (3.75) | (2.53) | (2.02) | (2.12) | |
| Payables Turnover | 19.51 | 0.23 | 0.0689 | 0.0972 | 0.0238 | 0.0226 | |
| Research And Ddevelopement To Revenue | 118.31 | (68.54) | 14.52 | 4.66 | 4.99 | 4.74 | |
| Capex To Revenue | 0.53 | (0.0303) | 0.18 | 0.0894 | 0.009471 | 0.008998 | |
| Cash Per Share | 8.83 | 6.35 | 3.14 | 1.01 | 0.65 | 0.62 | |
| Pocfratio | 2.9 | (6.37) | (2.23) | (0.8) | (0.87) | (0.83) | |
| Interest Coverage | (1.2K) | (1.4K) | (1.2K) | (1.6K) | (1.3K) | (1.4K) | |
| Capex To Operating Cash Flow | 0.001522 | (2.53E-4) | (0.008735) | (0.0153) | (0.001352) | (0.001419) | |
| Pfcf Ratio | 2.9 | (6.37) | (2.21) | (0.79) | (0.87) | (0.82) | |
| Days Payables Outstanding | 18.71 | 1.6K | 5.3K | 3.8K | 15.3K | 16.1K | |
| Income Quality | (1.84) | 0.67 | 0.83 | 1.03 | 1.06 | 0.78 | |
| Roe | (0.28) | (0.68) | (2.2) | (205.42) | 266.7 | 280.03 | |
| Ev To Operating Cash Flow | (8.41) | 0.92 | (3.78) | (1.27) | (0.56) | (0.58) | |
| Pe Ratio | (5.35) | (4.3) | (1.87) | (0.83) | (0.92) | (0.97) | |
| Return On Tangible Assets | (0.26) | (0.5) | (0.99) | (1.54) | (2.77) | (2.63) | |
| Ev To Free Cash Flow | (8.4) | 0.92 | (3.77) | (1.26) | (0.55) | (0.58) | |
| Earnings Yield | (0.19) | (0.23) | (0.54) | (1.2) | (1.09) | (1.03) | |
| Net Debt To E B I T D A | 3.7 | 1.76 | 0.81 | 0.21 | 0.31 | 0.29 | |
| Current Ratio | 21.28 | 6.27 | 2.13 | 1.08 | 1.01 | 0.96 | |
| Tangible Book Value Per Share | 8.54 | 5.25 | 1.7 | 0.0123 | (0.007586) | (0.007207) | |
| Graham Number | 21.4 | 20.46 | 12.0 | 0.84 | 0.59 | 0.56 |
Pair Trading with Palatin Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palatin Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palatin Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Palatin Stock
The ability to find closely correlated positions to Palatin Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palatin Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palatin Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palatin Technologies to buy it.
The correlation of Palatin Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palatin Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palatin Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Palatin Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palatin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palatin Stock, please use our How to Invest in Palatin Technologies guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palatin Technologies. If investors know Palatin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palatin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.98) | Revenue Per Share 0.306 | Quarterly Revenue Growth (0.80) | Return On Assets (1.32) | Return On Equity (6.23) |
The market value of Palatin Technologies is measured differently than its book value, which is the value of Palatin that is recorded on the company's balance sheet. Investors also form their own opinion of Palatin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Palatin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palatin Technologies' market value can be influenced by many factors that don't directly affect Palatin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palatin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palatin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palatin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.