Dermata Common Stock Shares Outstanding vs Non Currrent Assets Other Analysis

DRMAW Stock  USD 0.01  0  19.57%   
Dermata Therapeutics financial indicator trend analysis is much more than just examining Dermata Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dermata Therapeutics is a good investment. Please check the relationship between Dermata Therapeutics Common Stock Shares Outstanding and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dermata Therapeutics Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dermata Stock please use our How to Invest in Dermata Therapeutics guide.

Common Stock Shares Outstanding vs Non Currrent Assets Other

Common Stock Shares Outstanding vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dermata Therapeutics Common Stock Shares Outstanding account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dermata Therapeutics' Common Stock Shares Outstanding and Non Currrent Assets Other is 0.89. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Dermata Therapeutics Warrant, assuming nothing else is changed. The correlation between historical values of Dermata Therapeutics' Common Stock Shares Outstanding and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Dermata Therapeutics Warrant are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Shares Outstanding i.e., Dermata Therapeutics' Common Stock Shares Outstanding and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Dermata Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dermata Therapeutics 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dermata Therapeutics Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dermata Stock please use our How to Invest in Dermata Therapeutics guide.Issuance Of Capital Stock is likely to climb to about 6.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense45.6K63.6K57.2K111.4K
Depreciation And Amortization14.1K9.7K8.0M8.4M

Dermata Therapeutics fundamental ratios Correlations

0.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.721.00.990.72-0.93-0.41
0.730.250.140.78-0.39-0.64-0.770.540.720.38-0.390.72-0.320.490.810.9-0.280.76-0.391.00.730.641.0-0.82-0.39
0.80.25-0.580.65-0.29-0.83-0.390.710.820.72-0.290.82-0.380.350.64-0.09-0.660.77-0.290.240.80.830.24-0.59-0.29
-0.440.14-0.58-0.440.140.570.28-0.56-0.45-0.120.14-0.45-0.01-0.13-0.40.470.91-0.410.140.15-0.44-0.580.150.390.14
0.950.780.65-0.44-0.59-0.96-0.90.790.950.49-0.590.95-0.420.630.970.55-0.770.96-0.590.780.950.930.78-1.0-0.59
-0.41-0.39-0.290.14-0.590.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
-0.98-0.64-0.830.57-0.960.50.77-0.81-0.98-0.630.5-0.980.39-0.54-0.94-0.330.82-0.970.5-0.63-0.98-0.99-0.630.930.5
-0.74-0.77-0.390.28-0.90.820.77-0.77-0.73-0.110.82-0.730.65-0.86-0.79-0.670.61-0.750.82-0.76-0.74-0.7-0.760.920.82
0.760.540.71-0.560.79-0.55-0.81-0.770.770.2-0.550.77-0.60.720.70.24-0.750.73-0.550.520.760.790.52-0.78-0.55
1.00.720.82-0.450.95-0.41-0.98-0.730.770.71-0.411.0-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
0.710.380.72-0.120.490.1-0.63-0.110.20.710.10.710.07-0.110.620.14-0.280.710.10.380.710.680.38-0.440.1
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.1-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
1.00.720.82-0.450.95-0.41-0.98-0.730.771.00.71-0.41-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
-0.32-0.32-0.38-0.01-0.420.890.390.65-0.6-0.330.070.89-0.33-0.94-0.23-0.370.13-0.30.89-0.29-0.32-0.26-0.290.440.89
0.470.490.35-0.130.63-0.95-0.54-0.860.720.47-0.11-0.950.47-0.940.430.5-0.350.45-0.950.470.470.420.47-0.65-0.95
0.970.810.64-0.40.97-0.4-0.94-0.790.70.960.62-0.40.96-0.230.430.54-0.740.98-0.40.810.970.950.81-0.96-0.4
0.420.9-0.090.470.55-0.47-0.33-0.670.240.410.14-0.470.41-0.370.50.540.060.47-0.470.90.420.290.9-0.6-0.47
-0.74-0.28-0.660.91-0.770.330.820.61-0.75-0.74-0.280.33-0.740.13-0.35-0.740.06-0.720.33-0.28-0.74-0.83-0.280.740.33
1.00.760.77-0.410.96-0.4-0.97-0.750.731.00.71-0.41.0-0.30.450.980.47-0.72-0.40.761.00.980.76-0.94-0.4
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.4-0.37-0.41-0.36-0.370.611.0
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.370.720.631.0-0.81-0.37
1.00.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.720.990.72-0.93-0.41
0.990.640.83-0.580.93-0.36-0.99-0.70.790.990.68-0.360.99-0.260.420.950.29-0.830.98-0.360.630.990.63-0.9-0.36
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.371.00.720.63-0.81-0.37
-0.93-0.82-0.590.39-1.00.610.930.92-0.78-0.92-0.440.61-0.920.44-0.65-0.96-0.60.74-0.940.61-0.81-0.93-0.9-0.810.61
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.61
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Dermata Therapeutics Account Relationship Matchups

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When running Dermata Therapeutics' price analysis, check to measure Dermata Therapeutics' 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 Dermata Therapeutics is operating at the current time. Most of Dermata Therapeutics' value examination focuses on studying past and present price action to predict the probability of Dermata Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dermata Therapeutics' price. Additionally, you may evaluate how the addition of Dermata Therapeutics to your portfolios can decrease your overall portfolio volatility.