Salarius Change In Cash vs Capital Expenditures Analysis

SLRX Stock  USD 1.58  0.04  2.47%   
Salarius Pharmaceuticals financial indicator trend analysis is much more than just breaking down Salarius Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salarius Pharmaceuticals is a good investment. Please check the relationship between Salarius Pharmaceuticals Change In Cash and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salarius 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 Salarius Stock please use our How to Invest in Salarius Pharmaceuticals guide.

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salarius Pharmaceuticals Change In Cash account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Salarius Pharmaceuticals' Change In Cash and Capital Expenditures is -0.25. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Salarius Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Salarius Pharmaceuticals' Change In Cash and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Salarius Pharmaceuticals are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Cash i.e., Salarius Pharmaceuticals' Change In Cash and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Capital Expenditures

Capital Expenditures are funds used by Salarius Pharmaceuticals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Salarius Pharmaceuticals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Salarius Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salarius 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salarius 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 Salarius Stock please use our How to Invest in Salarius Pharmaceuticals guide.Issuance Of Capital Stock is likely to rise to about 10.1 M in 2024, whereas Selling General Administrative is likely to drop 5,435 in 2024.
 2023 2024 (projected)
Depreciation And Amortization10.1K9.5K
Interest Income355.8K441.7K

Salarius Pharmaceuticals fundamental ratios Correlations

0.360.130.740.75-0.870.240.390.87-0.07-0.360.98-0.140.090.21-0.130.110.750.990.260.460.11-0.35-0.510.520.43
0.360.010.43-0.01-0.470.04-0.020.47-0.15-0.610.370.17-0.180.16-0.16-0.19-0.010.38-0.020.250.03-0.280.07-0.060.09
0.130.010.510.470.22-0.430.91-0.220.07-0.420.10.45-0.640.720.57-0.590.480.120.26-0.61-0.090.640.03-0.160.09
0.740.430.510.71-0.41-0.250.580.410.1-0.70.690.45-0.610.690.39-0.580.720.710.56-0.20.20.25-0.10.060.16
0.75-0.010.470.71-0.43-0.260.710.43-0.32-0.450.780.02-0.180.280.39-0.141.00.780.16-0.04-0.230.13-0.450.580.27
-0.87-0.470.22-0.41-0.43-0.43-0.07-1.00.180.16-0.890.38-0.440.160.44-0.45-0.42-0.88-0.05-0.8-0.140.720.49-0.6-0.4
0.240.04-0.43-0.25-0.26-0.43-0.410.440.40.410.17-0.620.66-0.16-0.940.65-0.280.17-0.230.720.12-0.68-0.3-0.050.31
0.39-0.020.910.580.71-0.07-0.410.07-0.08-0.380.370.3-0.440.510.55-0.380.710.390.3-0.4-0.090.48-0.270.230.34
0.870.47-0.220.410.43-1.00.440.07-0.18-0.160.89-0.380.44-0.16-0.450.450.420.880.050.80.14-0.72-0.50.590.41
-0.07-0.150.070.1-0.320.180.4-0.08-0.180.28-0.240.12-0.220.45-0.19-0.23-0.33-0.230.58-0.20.620.28-0.05-0.550.25
-0.36-0.61-0.42-0.7-0.450.160.41-0.38-0.160.28-0.38-0.40.6-0.45-0.340.59-0.46-0.4-0.010.240.39-0.19-0.090.020.16
0.980.370.10.690.78-0.890.170.370.89-0.24-0.38-0.180.140.11-0.10.170.781.00.150.490.01-0.4-0.490.610.37
-0.140.170.450.450.020.38-0.620.3-0.380.12-0.4-0.18-0.840.570.69-0.840.04-0.160.56-0.710.290.620.6-0.49-0.25
0.09-0.18-0.64-0.61-0.18-0.440.66-0.440.44-0.220.60.14-0.84-0.78-0.751.0-0.20.12-0.520.85-0.14-0.81-0.430.510.26
0.210.160.720.690.280.16-0.160.51-0.160.45-0.450.110.57-0.780.36-0.760.30.140.48-0.560.250.560.32-0.58-0.15
-0.13-0.160.570.390.390.44-0.940.55-0.45-0.19-0.34-0.10.69-0.750.36-0.740.4-0.10.43-0.820.030.820.25-0.02-0.19
0.11-0.19-0.59-0.58-0.14-0.450.65-0.380.45-0.230.590.17-0.841.0-0.76-0.74-0.160.15-0.520.84-0.15-0.8-0.470.540.29
0.75-0.010.480.721.0-0.42-0.280.710.42-0.33-0.460.780.04-0.20.30.4-0.160.780.17-0.05-0.220.14-0.420.560.25
0.990.380.120.710.78-0.880.170.390.88-0.23-0.41.0-0.160.120.14-0.10.150.780.160.480.01-0.39-0.490.60.38
0.26-0.020.260.560.16-0.05-0.230.30.050.58-0.010.150.56-0.520.480.43-0.520.170.16-0.360.80.45-0.01-0.140.22
0.460.25-0.61-0.2-0.04-0.80.72-0.40.8-0.20.240.49-0.710.85-0.56-0.820.84-0.050.48-0.36-0.02-0.97-0.410.50.26
0.110.03-0.090.2-0.23-0.140.12-0.090.140.620.390.010.29-0.140.250.03-0.15-0.220.010.8-0.020.090.13-0.250.18
-0.35-0.280.640.250.130.72-0.680.48-0.720.28-0.19-0.40.62-0.810.560.82-0.80.14-0.390.45-0.970.090.21-0.38-0.07
-0.510.070.03-0.1-0.450.49-0.3-0.27-0.5-0.05-0.09-0.490.6-0.430.320.25-0.47-0.42-0.49-0.01-0.410.130.21-0.73-0.81
0.52-0.06-0.160.060.58-0.6-0.050.230.59-0.550.020.61-0.490.51-0.58-0.020.540.560.6-0.140.5-0.25-0.38-0.730.45
0.430.090.090.160.27-0.40.310.340.410.250.160.37-0.250.26-0.15-0.190.290.250.380.220.260.18-0.07-0.810.45
Click cells to compare fundamentals

Salarius Pharmaceuticals Account Relationship Matchups

Salarius Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9M24.9M40.8M14.7M6.6M6.3M
Other Current Liab478.5K442.3K567.8K1.4M406.7K532.5K
Total Current Liabilities3.3M2.8M2.1M4.3M1.3M2.3M
Total Stockholder Equity10.6M22.2M38.7M10.4M5.3M5.0M
Property Plant And Equipment Net74K25.0K22.6K7.9K7.1K6.7K
Net Debt(3.2M)(10.6M)(29.2M)(12.1M)(5.6M)(5.9M)
Retained Earnings(12.1M)(19.4M)(32.2M)(63.8M)(76.3M)(80.2M)
Accounts Payable1.8M1.9M1.5M2.9M602.9K572.7K
Cash3.7M11.1M29.2M12.1M5.9M5.6M
Non Current Assets Total9.2M9.1M10.7M130.5K66.9K63.5K
Non Currrent Assets Other308.7K247.1K1.8M130.5K66.9K63.5K
Cash And Short Term Investments3.7M11.1M29.2M12.1M5.9M5.6M
Common Stock Total Equity1.8K1.8K451.02.4K2.7K1.6K
Liabilities And Stockholders Equity13.9M24.9M40.8M14.7M6.6M6.3M
Non Current Liabilities Total980.9K919.4K567.8K1.4M406.7K386.4K
Other Current Assets955.9K822.1K949.2K803.4K619.8K816.3K
Other Stockholder Equity22.7M41.6M70.9M74.2M81.6M82.0M
Total Liab3.3M2.8M2.1M4.3M1.3M1.2M
Property Plant And Equipment Gross331.0K74.5K25.0K22.6K20.4K19.4K
Total Current Assets4.7M15.8M30.2M14.5M6.5M6.2M
Common Stock451.02.4K4.5K225.0393.0373.35
Net Tangible Assets1.7M13.3M29.9M10.4M9.3M14.2M
Other Assets0.0247.1K1.8M130.5K1.00.95
Common Stock Shares Outstanding130.7K623.1K1.7M2.1M3.3M3.4M
Capital Surpluse140.2M142.2M22.7M41.6M37.4M35.6M
Property Plant Equipment37.5K25.0K22.6K7.9K7.1K6.7K
Inventory432K187K0.0(1.6M)(1.4M)(1.4M)
Net Invested Capital11.1M22.6M38.7M10.4M5.6M5.3M
Net Working Capital1.4M13.0M28.1M10.3M5.2M5.0M
Capital Stock451.02.4K4.5K225.0393.0373.35

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