Evoke Accounts Payable vs Total Stockholder Equity Analysis
| EVOK Stock | USD 4.21 0.14 3.22% |
Evoke Pharma financial indicator trend analysis is much more than just examining Evoke Pharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evoke Pharma is a good investment. Please check the relationship between Evoke Pharma Accounts Payable and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evoke Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Evoke Stock please use our How to buy in Evoke Stock guide.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evoke Pharma Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Evoke Pharma's Accounts Payable and Total Stockholder Equity is 0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Evoke Pharma, assuming nothing else is changed. The correlation between historical values of Evoke Pharma's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Evoke Pharma are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Evoke Pharma's Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Evoke Pharma obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Evoke Pharma are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Evoke Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evoke Pharma 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 Evoke Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Evoke Stock please use our How to buy in Evoke Stock guide.Selling General Administrative is expected to rise to about 11.6 M this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
Evoke Pharma fundamental ratios Correlations
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Evoke Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evoke Pharma fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.4M | 9.4M | 10.6M | 11.9M | 7.1M | 10.1M | |
| Other Current Liab | 1.9M | 6.0M | 506.9K | 528.1K | (3.7M) | (3.5M) | |
| Total Current Liabilities | 2.0M | 7.5M | 1.4M | 1.7M | 3.0M | 2.3M | |
| Total Stockholder Equity | 4.4M | (3.2M) | 3.6M | 4.1M | (2.6M) | (2.5M) | |
| Net Debt | (5.5M) | (2.8M) | (4.1M) | (4.7M) | 260.6K | 273.6K | |
| Retained Earnings | (85.7M) | (98.9M) | (107.4M) | (115.6M) | (123.4M) | (117.3M) | |
| Accounts Payable | 1.0M | 1.3M | 874.0K | 868.3K | 1.7M | 1.3M | |
| Cash | 5.7M | 8.1M | 9.1M | 9.8M | 4.7M | 6.6M | |
| Cash And Short Term Investments | 5.7M | 8.1M | 9.1M | 9.8M | 4.7M | 6.6M | |
| Common Stock Total Equity | 1.5K | 1.7K | 2.4K | 2.7K | 3.1K | 3.2K | |
| Common Stock Shares Outstanding | 1.9M | 177.0K | 223.5K | 262.0K | 278.6K | 264.7K | |
| Liabilities And Stockholders Equity | 6.4M | 9.4M | 10.6M | 11.9M | 7.1M | 10.1M | |
| Non Current Liabilities Total | 138.5K | 5.1M | 5.6M | 6.1M | 6.6M | 4.8M | |
| Other Current Assets | 581.7K | 952.1K | 935.3K | 964.5K | 932.6K | 570.4K | |
| Other Stockholder Equity | 90.1M | 95.7M | 111.0M | 119.7M | 120.9M | 75.9M | |
| Total Liab | 2.0M | 12.6M | 7.0M | 7.8M | 9.6M | 6.5M | |
| Total Current Assets | 6.2M | 9.3M | 10.6M | 11.7M | 6.8M | 10.0M | |
| Common Stock | 2.4K | 2.7K | 3.3K | 334.0 | 384.1 | 364.89 | |
| Net Tangible Assets | 4.4M | (3.2M) | 3.6M | 4.1M | 3.7M | 4.2M | |
| Non Current Assets Total | 150.1K | 153.3K | 12.4K | 129.1K | 241.6K | 253.7K | |
| Retained Earnings Total Equity | (71.0M) | (78.6M) | (85.7M) | (98.9M) | (89.0M) | (93.4M) | |
| Capital Surpluse | 73.2M | 82.6M | 90.1M | 95.7M | 110.0M | 74.9M | |
| Net Invested Capital | 4.4M | 1.9M | 8.6M | 9.1M | 2.4M | 2.3M | |
| Net Working Capital | 4.2M | 1.7M | 9.2M | 10.1M | 3.8M | 6.1M | |
| Capital Stock | 2.4K | 2.7K | 3.3K | 334.0 | 300.6 | 285.57 |
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Is Pharmaceuticals 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 Evoke Pharma. If investors know Evoke 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 Evoke Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.13) | Revenue Per Share 7.792 | Quarterly Revenue Growth 0.698 | Return On Assets (0.34) | Return On Equity (3.50) |
The market value of Evoke Pharma is measured differently than its book value, which is the value of Evoke that is recorded on the company's balance sheet. Investors also form their own opinion of Evoke Pharma's value that differs from its market value or its book value, called intrinsic value, which is Evoke Pharma'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 Evoke Pharma's market value can be influenced by many factors that don't directly affect Evoke Pharma'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 Evoke Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evoke Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evoke Pharma'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.