Evoke Non Current Assets Total vs Other 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 Non Current Assets Total and its Other 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.
Non Current Assets Total vs Other Stockholder Equity
Non Current Assets Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evoke Pharma Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Evoke Pharma's Non Current Assets Total and Other Stockholder Equity is -0.67. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other 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 Non Current Assets Total and Other 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 Non Current Assets Total of Evoke Pharma are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Evoke Pharma's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Stockholder Equity
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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Try AI Portfolio ArchitectCheck 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.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.