Durect Net Tangible Assets from 2010 to 2024

DRRX Stock  USD 0.88  0.03  3.30%   
Durect Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 21.4 M in 2024. Net Tangible Assets is the total assets of Durect minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
9.2 M
Current Value
-669 K
Quarterly Volatility
17.7 M
 
Yuan Drop
 
Covid
Check Durect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Durect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.6 K, Interest Expense of 1.9 M or Total Revenue of 8.1 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0 or PTB Ratio of 1.0. Durect financial statements analysis is a perfect complement when working with Durect Valuation or Volatility modules.
  
Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Latest Durect's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Durect over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Durect's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Durect's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Durect Net Tangible Assets Regression Statistics

Arithmetic Mean18,272,691
Geometric Mean13,652,351
Coefficient Of Variation80.58
Mean Deviation10,909,045
Median19,076,000
Standard Deviation14,724,833
Sample Variance216.8T
Range54.6M
R-Value0.53
Mean Square Error167T
R-Squared0.28
Significance0.04
Slope1,757,193
Total Sum of Squares3035.5T

Durect Net Tangible Assets History

202421.4 M
202321.9 M
202219.1 M
202151.6 M
202038 M
201921.8 M
201814.4 M

About Durect Financial Statements

Durect investors use historical fundamental indicators, such as Durect's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets21.9 M21.4 M

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Additional Tools for Durect Stock Analysis

When running Durect's price analysis, check to measure Durect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Durect is operating at the current time. Most of Durect's value examination focuses on studying past and present price action to predict the probability of Durect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durect's price. Additionally, you may evaluate how the addition of Durect to your portfolios can decrease your overall portfolio volatility.