Palatin Historical Balance Sheet
PTN Stock | USD 0.88 0.02 2.33% |
Trend analysis of Palatin Technologies balance sheet accounts such as Property Plant And Equipment Net of 1.5 M, Accounts Payable of 4.3 M, Cash of 9.1 M or Non Current Assets Total of 1.9 M provides information on Palatin Technologies' total assets, liabilities, and equity, which is the actual value of Palatin Technologies to its prevalent stockholders. By breaking down trends over time using Palatin Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Palatin Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Palatin Technologies is a good buy for the upcoming year.
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About Palatin Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Palatin Technologies at a specified time, usually calculated after every quarter, six months, or one year. Palatin Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Palatin Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Palatin currently owns. An asset can also be divided into two categories, current and non-current.
Palatin Technologies Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Palatin Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Palatin Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Palatin Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Palatin Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from Palatin Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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' Total Liabilities is very stable compared to the past year. As of the 15th of December 2024, Property Plant And Equipment Gross is likely to grow to about 4.4 M, while Total Assets are likely to drop about 10.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.2M | 1.1M | 590.3K | 560.8K | Total Assets | 36.1M | 17.9M | 10.7M | 10.2M |
Palatin Technologies balance sheet Correlations
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Palatin Technologies Account Relationship Matchups
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Palatin Technologies balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 85.1M | 67.3M | 36.1M | 17.9M | 10.7M | 10.2M | |
Short Long Term Debt Total | 1.3M | 1.3M | 1.2M | 1.1M | 590.3K | 560.8K | |
Other Current Liab | 2.9M | 9.2M | 12.2M | 9.9M | 4.7M | 4.9M | |
Total Current Liabilities | 3.9M | 10.5M | 16.3M | 15.1M | 9.7M | 8.9M | |
Total Stockholder Equity | 80.2M | 49.7M | 16.3M | 134.1K | (111.5K) | (105.9K) | |
Property Plant And Equipment Net | 1.4M | 1.3M | 1.4M | 1.6M | 915.7K | 1.5M | |
Net Debt | (81.6M) | (58.9M) | (28.8M) | (6.9M) | (8.9M) | (9.4M) | |
Retained Earnings | (318.2M) | (351.8M) | (388.0M) | (415.5M) | (441.8M) | (419.7M) | |
Accounts Payable | 715.7K | 640.7K | 3.2M | 4.3M | 4.1M | 4.3M | |
Cash | 82.9M | 60.1M | 29.9M | 8.0M | 9.5M | 9.1M | |
Non Current Assets Total | 1.5M | 1.4M | 1.5M | 1.6M | 972.6K | 1.9M | |
Cash And Short Term Investments | 82.9M | 60.1M | 29.9M | 11.0M | 9.5M | 9.1M | |
Common Stock Total Equity | 2.0M | 2.3M | 2.3M | 2.3M | 2.6M | 2.8M | |
Common Stock Shares Outstanding | 9.4M | 9.5M | 9.5M | 10.9M | 14.7M | 15.4M | |
Liabilities And Stockholders Equity | 85.1M | 67.3M | 36.1M | 17.9M | 10.7M | 10.2M | |
Non Current Liabilities Total | 953.3K | 7.1M | 3.5M | 2.7M | 1.2M | 1.1M | |
Other Current Assets | 609.9K | 3.1M | 1.9M | 1.9M | 242.3K | 230.2K | |
Other Stockholder Equity | 396.1M | 399.1M | 404.2M | 415.6M | 441.5M | 249.2M | |
Total Liab | 4.9M | 17.6M | 19.8M | 17.8M | 10.9M | 12.8M | |
Property Plant And Equipment Gross | 1.4M | 1.3M | 1.4M | 4.5M | 4.2M | 4.4M | |
Total Current Assets | 83.6M | 65.9M | 34.6M | 16.3M | 9.8M | 9.3M | |
Short Term Debt | 312.8K | 703.7K | 944.1K | 920.9K | 853.1K | 1.2M | |
Common Stock | 2.3M | 2.3M | 92.7K | 116.6K | 179.3K | 170.3K | |
Accumulated Other Comprehensive Income | (2.3M) | (2.4M) | 0.0 | (116.6K) | (179.3K) | (188.3K) | |
Property Plant Equipment | 1.4M | 1.3M | 1.4M | 1.6M | 1.4M | 1.7M | |
Current Deferred Revenue | 500M | 2.8M | 5.8M | 4.2M | 4.8M | 4.6M | |
Net Tangible Assets | 80.2M | 49.7M | 16.3M | 134.0K | 154.1K | 146.4K | |
Capital Surpluse | 396.1M | 399.1M | 404.2M | 415.6M | 477.9M | 380.5M |
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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.