Evoke Total Current Liabilities vs Cash 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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evoke Pharma Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Evoke Pharma's Total Current Liabilities and Cash is 0.24. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Evoke Pharma are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Evoke Pharma's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Evoke Pharma balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evoke Pharma are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of Evoke Pharma, which is listed under current asset account on Evoke Pharma balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Evoke Pharma customers. The amounts must be unrestricted with restricted cash listed in a different Evoke Pharma account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.