Soligenix Intangible Assets vs Net Debt Analysis

SNGX Stock  USD 3.15  0.08  2.48%   
Soligenix financial indicator trend analysis is much more than just breaking down Soligenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soligenix is a good investment. Please check the relationship between Soligenix Intangible Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.

Intangible Assets vs Net Debt

Intangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soligenix Intangible Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Soligenix's Intangible Assets and Net Debt is 0.27. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Intangible Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Soligenix are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Intangible Assets i.e., Soligenix's Intangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Soligenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soligenix 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 Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to rise to about (1.1 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit95.6K398.1K97.3K92.4K
Total Revenue824.3K948.9K839.4K797.4K

Soligenix fundamental ratios Correlations

0.350.460.32-0.81-0.651.0-0.211.00.42-0.050.70.80.451.0-0.40.590.390.350.86-0.340.750.21-0.160.280.88
0.35-0.570.470.04-0.540.34-0.120.340.470.020.560.780.480.36-0.290.140.410.680.07-0.310.520.590.390.080.11
0.46-0.57-0.32-0.78-0.10.47-0.110.47-0.220.060.17-0.16-0.170.46-0.040.2-0.12-0.270.42-0.170.0-0.44-0.42-0.010.4
0.320.47-0.320.16-0.450.35-0.230.350.620.080.30.540.950.31-0.57-0.130.440.170.310.470.540.030.020.820.37
-0.810.04-0.780.160.42-0.790.27-0.79-0.08-0.12-0.52-0.38-0.02-0.820.27-0.54-0.26-0.1-0.660.38-0.29-0.10.37-0.02-0.64
-0.65-0.54-0.1-0.450.42-0.610.31-0.62-0.72-0.36-0.9-0.63-0.57-0.640.48-0.23-0.36-0.42-0.360.36-0.46-0.210.01-0.18-0.39
1.00.340.470.35-0.79-0.61-0.211.00.39-0.080.670.80.481.0-0.420.560.390.320.87-0.30.770.18-0.170.330.89
-0.21-0.12-0.11-0.230.270.31-0.21-0.22-0.22-0.45-0.26-0.15-0.24-0.240.91-0.1-0.85-0.3-0.09-0.20.26-0.060.78-0.3-0.1
1.00.340.470.35-0.79-0.621.0-0.220.4-0.080.670.790.491.0-0.420.560.40.320.87-0.290.770.18-0.170.340.89
0.420.47-0.220.62-0.08-0.720.39-0.220.40.160.450.570.710.41-0.440.350.420.420.350.090.430.29-0.040.460.39
-0.050.020.060.08-0.12-0.36-0.08-0.45-0.080.160.31-0.110.05-0.03-0.440.010.330.11-0.20.06-0.40.05-0.390.03-0.2
0.70.560.170.3-0.52-0.90.67-0.260.670.450.310.670.40.71-0.410.310.310.450.41-0.510.490.230.00.020.42
0.80.78-0.160.54-0.38-0.630.8-0.150.790.57-0.110.670.590.8-0.410.530.50.580.68-0.290.840.540.10.30.7
0.450.48-0.170.95-0.02-0.570.48-0.240.490.710.050.40.590.45-0.57-0.050.430.190.370.410.590.030.040.830.43
1.00.360.460.31-0.82-0.641.0-0.241.00.41-0.030.710.80.45-0.430.590.420.360.86-0.340.730.22-0.190.280.87
-0.4-0.29-0.04-0.570.270.48-0.420.91-0.42-0.44-0.44-0.41-0.41-0.57-0.43-0.14-0.89-0.34-0.31-0.29-0.07-0.090.66-0.58-0.33
0.590.140.2-0.13-0.54-0.230.56-0.10.560.350.010.310.53-0.050.59-0.140.30.480.68-0.30.340.41-0.34-0.070.66
0.390.41-0.120.44-0.26-0.360.39-0.850.40.420.330.310.50.430.42-0.890.30.360.320.220.080.47-0.60.450.33
0.350.68-0.270.17-0.1-0.420.32-0.30.320.420.110.450.580.190.36-0.340.480.360.12-0.410.260.22-0.04-0.150.14
0.860.070.420.31-0.66-0.360.87-0.090.870.35-0.20.410.680.370.86-0.310.680.320.12-0.10.720.16-0.290.381.0
-0.34-0.31-0.170.470.380.36-0.3-0.2-0.290.090.06-0.51-0.290.41-0.34-0.29-0.30.22-0.41-0.1-0.23-0.23-0.30.74-0.09
0.750.520.00.54-0.29-0.460.770.260.770.43-0.40.490.840.590.73-0.070.340.080.260.72-0.230.230.370.360.75
0.210.59-0.440.03-0.1-0.210.18-0.060.180.290.050.230.540.030.22-0.090.410.470.220.16-0.230.230.13-0.110.16
-0.160.39-0.420.020.370.01-0.170.78-0.17-0.04-0.390.00.10.04-0.190.66-0.34-0.6-0.04-0.29-0.30.370.13-0.23-0.27
0.280.08-0.010.82-0.02-0.180.33-0.30.340.460.030.020.30.830.28-0.58-0.070.45-0.150.380.740.36-0.11-0.230.42
0.880.110.40.37-0.64-0.390.89-0.10.890.39-0.20.420.70.430.87-0.330.660.330.141.0-0.090.750.16-0.270.42
Click cells to compare fundamentals

Soligenix Account Relationship Matchups

Soligenix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8M19.9M26.9M14.3M9.8M10.0M
Total Current Liabilities6.3M6.1M6.3M16.5M6.2M3.9M
Total Stockholder Equity1.5M3.7M10.7M(2.5M)2.5M3.4M
Property Plant And Equipment Net161.5K251.5K128.4K359.5K241.8K253.8K
Net Debt(5.3M)(8.2M)(16.1M)(3.1M)(5.0M)(5.2M)
Retained Earnings(175.5M)(193.2M)(205.8M)(219.6M)(225.7M)(214.4M)
Cash5.4M18.7M26.0M13.4M8.4M7.9M
Non Current Assets Total282.0K424.2K300.4K426.6K290.0K275.5K
Cash And Short Term Investments5.4M18.7M26.0M13.4M8.4M8.4M
Common Stock Total Equity8.7K17.7K21.8K30.6K35.2K50.0K
Common Stock Shares Outstanding1.3M114.5K167.2K179.5K484.9K509.1K
Liabilities And Stockholders Equity7.8M19.9M26.9M14.3M9.8M10.0M
Other Stockholder Equity177.0M196.9M216.4M217.1M228.2M127.1M
Total Liab6.3M16.1M16.1M16.8M7.3M5.2M
Property Plant And Equipment Gross161.5K251.5K296.2K474.2K363.1K381.2K
Total Current Assets7.5M19.5M26.6M13.9M9.5M9.1M
Intangible Assets46.9K19.7K23.3K7.8K7.0K6.6K
Common Stock21.8K30.6K42.9K2.9K10.4K10.9K
Non Currrent Assets Other100.8K172.7K172.0K43.0K48.2K92.2K
Accumulated Other Comprehensive Income(45.0K)(24.3K)41.9K24.7K22.2K23.4K
Accounts Payable2.7M2.1M2.9M3.9M1.1M1.8M
Non Current Liabilities Total6.1K10.1M9.9M233.7K1.1M1.1M
Other Current Assets609.7K225.5K282.9K274.2K866.0K909.3K
Other Current Liab3.5M3.5M3.2M2.5M2.5M1.8M
Other Assets82.5K62.1K149.4K172.0K197.8K207.7K
Property Plant Equipment19.6K161.5K251.5K128.4K115.5K75.0K
Net Receivables1.5M564.9K242.7K219.3K195.1K185.4K
Retained Earnings Total Equity(157.3M)(166.2M)(175.5M)(193.2M)(173.9M)(182.6M)
Deferred Long Term Liab59.8K39.3K53.5K20.3K23.3K17.3K
Net Tangible Assets6.2M1.4M3.7M10.7M12.3M12.9M
Capital Surpluse163.6M172.4M177.0M196.9M226.5M176.5M
Net Invested Capital1.5M14.0M20.6M7.4M5.8M9.7M
Net Working Capital1.2M13.4M20.3M(2.7M)3.4M5.5M
Capital Stock21.8K30.6K42.9K2.9K10.4K16.8K

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