Durect Ebitda vs Research Development Analysis

DRRX Stock  USD 0.79  0.01  1.28%   
Durect financial indicator trend analysis is much more than just examining Durect latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Durect is a good investment. Please check the relationship between Durect Ebitda and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Durect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Ebitda vs Research Development

Ebitda vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Durect Ebitda account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Durect's Ebitda and Research Development is -0.42. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Research Development in the same time period over historical financial statements of Durect, assuming nothing else is changed. The correlation between historical values of Durect's Ebitda and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Durect are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Ebitda i.e., Durect's Ebitda and Research Development go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebitda

Research Development

Most indicators from Durect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Durect 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 Durect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.Enterprise Value is likely to rise to about 171 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.0M17.7M6.8M6.5M
Total Revenue14.0M19.3M8.5M8.1M

Durect fundamental ratios Correlations

0.710.50.350.60.69-0.31-0.620.380.720.57-0.30.960.610.610.580.260.60.010.50.670.680.120.99-0.050.48
0.710.380.110.410.55-0.15-0.670.310.570.7-0.470.620.440.610.58-0.030.520.220.310.650.520.310.660.350.21
0.50.380.520.070.21-0.1-0.710.80.60.03-0.40.560.180.660.65-0.110.260.150.090.720.540.190.530.460.81
0.350.110.52-0.30.53-0.21-0.530.610.340.37-0.280.38-0.020.490.460.030.040.23-0.120.50.690.370.320.010.38
0.60.410.07-0.30.3-0.4-0.18-0.020.510.2-0.030.560.470.320.310.010.01-0.340.510.25-0.160.010.61-0.150.05
0.690.550.210.530.3-0.13-0.410.270.380.78-0.180.610.120.510.490.250.25-0.140.370.380.60.530.63-0.020.09
-0.31-0.15-0.1-0.21-0.4-0.130.26-0.37-0.72-0.010.07-0.42-0.51-0.36-0.340.510.160.290.1-0.28-0.04-0.1-0.340.270.14
-0.62-0.67-0.71-0.53-0.18-0.410.26-0.68-0.65-0.510.77-0.55-0.34-0.92-0.890.26-0.25-0.33-0.23-0.93-0.63-0.48-0.59-0.44-0.56
0.380.310.80.61-0.020.27-0.37-0.680.550.16-0.460.390.110.630.61-0.310.070.140.060.640.50.210.380.320.43
0.720.570.60.340.510.38-0.72-0.650.550.19-0.220.80.540.740.74-0.40.25-0.250.180.680.440.250.750.070.46
0.570.70.030.370.20.78-0.01-0.510.160.19-0.410.420.170.470.440.220.280.310.240.410.570.470.470.11-0.08
-0.3-0.47-0.4-0.28-0.03-0.180.070.77-0.46-0.22-0.41-0.18-0.35-0.63-0.60.15-0.14-0.4-0.21-0.68-0.38-0.38-0.26-0.53-0.22
0.960.620.560.380.560.61-0.42-0.550.390.80.42-0.180.660.580.550.210.54-0.050.280.610.660.110.97-0.050.51
0.610.440.18-0.020.470.12-0.51-0.340.110.540.17-0.350.660.240.210.160.480.080.030.460.28-0.210.630.010.11
0.610.610.660.490.320.51-0.36-0.920.630.740.47-0.630.580.241.0-0.420.07-0.010.240.80.530.690.580.450.51
0.580.580.650.460.310.49-0.34-0.890.610.740.44-0.60.550.211.0-0.450.05-0.060.250.760.510.710.560.470.51
0.26-0.03-0.110.030.010.250.510.26-0.31-0.40.220.150.210.16-0.42-0.450.470.30.15-0.130.24-0.40.25-0.270.06
0.60.520.260.040.010.250.16-0.250.070.250.28-0.140.540.480.070.050.470.230.330.360.66-0.310.60.00.41
0.010.220.150.23-0.34-0.140.29-0.330.14-0.250.31-0.4-0.050.08-0.01-0.060.30.23-0.260.290.32-0.14-0.030.130.08
0.50.310.09-0.120.510.370.1-0.230.060.180.24-0.210.280.030.240.250.150.33-0.260.320.12-0.050.5-0.190.28
0.670.650.720.50.250.38-0.28-0.930.640.680.41-0.680.610.460.80.76-0.130.360.290.320.570.240.660.290.62
0.680.520.540.69-0.160.6-0.04-0.630.50.440.57-0.380.660.280.530.510.240.660.320.120.570.260.650.140.51
0.120.310.190.370.010.53-0.1-0.480.210.250.47-0.380.11-0.210.690.71-0.4-0.31-0.14-0.050.240.260.060.450.01
0.990.660.530.320.610.63-0.34-0.590.380.750.47-0.260.970.630.580.560.250.6-0.030.50.660.650.06-0.070.52
-0.050.350.460.01-0.15-0.020.27-0.440.320.070.11-0.53-0.050.010.450.47-0.270.00.13-0.190.290.140.45-0.070.24
0.480.210.810.380.050.090.14-0.560.430.46-0.08-0.220.510.110.510.510.060.410.080.280.620.510.010.520.24
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Durect Account Relationship Matchups

Durect fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.0M75.6M92.0M60.1M45.2M56.3M
Short Long Term Debt Total26.8M25.8M24.3M23.3M20.7M24.1M
Other Current Liab6.3M4.6M5.0M7.9M5.8M4.5M
Total Current Liabilities36.8M10.7M10.1M18.1M27.0M14.7M
Total Stockholder Equity22.9M40.1M57.8M25.0M14.8M27.8M
Property Plant And Equipment Net6.5M5M3.7M2.1M4.1M3.7M
Net Debt(8.1M)4.5M(25.5M)(20.2M)(7.7M)(8.0M)
Retained Earnings(489.2M)(489.8M)(526.0M)(561.4M)(589.0M)(559.6M)
Accounts Payable2.1M1.7M1.3M3.1M1.8M1.9M
Cash34.9M21.3M49.8M43.5M28.4M26.0M
Non Current Assets Total14.2M12.6M10.3M8.7M10.5M13.2M
Non Currrent Assets Other1.3M1.3M411K256K128.0K121.6K
Cash And Short Term Investments64.7M40.7M69.8M43.5M29.7M36.9M
Net Receivables2.3M940K6.5M3.4M1.3M1.2M
Common Stock Total Equity16K19K20K23K26.5K27.8K
Common Stock Shares Outstanding17.8M19.9M22.5M22.8M26.5M27.8M
Short Term Investments29.8M19.4M20.0M0.01.3M1.2M
Liabilities And Stockholders Equity86.0M75.6M92.0M60.1M45.2M56.3M
Non Current Liabilities Total26.4M24.8M24.2M17.0M3.4M3.2M
Inventory3.4M1.9M1.9M2.1M2.2M2.9M
Other Current Assets1.5M19.5M7.2M2.4M1.5M1.4M
Other Stockholder Equity512.0M529.9M583.8M586.4M603.8M392.2M
Total Liab63.2M35.5M34.2M35.1M30.4M39.1M
Property Plant And Equipment Gross6.5M5M3.7M2.1M19.0M19.9M
Total Current Assets71.8M63.1M81.7M51.4M34.7M43.1M
Common Stock16K19K20K23K26.5K27.8K
Long Term Debt20.3M19.9M20.6M15.9M14.3M14.2M
Property Plant Equipment469K251K3.7M188K169.2K160.7K
Other Liab1.6M1.7M1.7M851K765.9K727.6K
Current Deferred Revenue1.4M26.3M545K98K112.7K107.1K
Other Assets1.3M6.2M411K406K365.4K347.1K
Net Tangible Assets21.8M38.0M51.6M19.1M21.9M21.4M
Retained Earnings Total Equity(489.2M)(489.8M)(526.0M)(561.4M)(505.2M)(530.5M)
Capital Surpluse512.0M529.9M583.8M586.4M674.3M509.9M

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