Edesa Short Term Debt from 2010 to 2024

EDSA Stock  USD 2.37  0.07  2.87%   
Edesa Biotech's Short Term Debt is decreasing over the years with slightly volatile fluctuation. Short Term Debt is expected to dwindle to about 66.2 K. From 2010 to 2024 Edesa Biotech Short Term Debt quarterly data regression line had arithmetic mean of  114,633 and r-squared of  0.63. View All Fundamentals
 
Short Term Debt  
First Reported
2018-12-31
Previous Quarter
58.1 K
Current Value
38.8 K
Quarterly Volatility
37.6 K
 
Covid
Check Edesa Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edesa Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 121.8 K, Interest Expense of 993.4 K or Selling General Administrative of 3.6 M, as well as many indicators such as Price To Sales Ratio of 2.7 K, Dividend Yield of 0.0 or PTB Ratio of 115. Edesa financial statements analysis is a perfect complement when working with Edesa Biotech Valuation or Volatility modules.
  
Check out the analysis of Edesa Biotech Correlation against competitors.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.

Latest Edesa Biotech's Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Edesa Biotech over the last few years. It is Edesa Biotech's Short Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edesa Biotech's overall financial position and show how it may be relating to other accounts over time.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Edesa Short Term Debt Regression Statistics

Arithmetic Mean114,633
Geometric Mean107,022
Coefficient Of Variation32.57
Mean Deviation33,102
Median139,460
Standard Deviation37,334
Sample Variance1.4B
Range101.5K
R-Value(0.79)
Mean Square Error552.7M
R-Squared0.63
Significance0.0004
Slope(6,636)
Total Sum of Squares19.5B

Edesa Short Term Debt History

202466.2 K
202367.2 K
202274.7 K
202138 K
202078.8 K

About Edesa Biotech Financial Statements

Edesa Biotech stakeholders use historical fundamental indicators, such as Edesa Biotech's Short Term Debt, to determine how well the company is positioned to perform in the future. Although Edesa Biotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Edesa Biotech's assets and liabilities are reflected in the revenues and expenses on Edesa Biotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Edesa Biotech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Debt67.2 K66.2 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Edesa Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edesa Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edesa Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edesa Biotech Stock:
Check out the analysis of Edesa Biotech Correlation against competitors.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Edesa Biotech. If investors know Edesa 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 Edesa Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.78)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.72)
Return On Equity
(1.29)
The market value of Edesa Biotech is measured differently than its book value, which is the value of Edesa that is recorded on the company's balance sheet. Investors also form their own opinion of Edesa Biotech's value that differs from its market value or its book value, called intrinsic value, which is Edesa Biotech's 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 Edesa Biotech's market value can be influenced by many factors that don't directly affect Edesa Biotech's 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 Edesa Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edesa Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edesa Biotech's 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.