Pharming Net Invested Capital vs Long Term Investments Analysis

PHAR Stock  USD 9.27  0.53  6.06%   
Pharming Group financial indicator trend analysis is much more than just breaking down Pharming Group NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pharming Group NV is a good investment. Please check the relationship between Pharming Group Net Invested Capital and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pharming Group NV. 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.

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pharming Group NV Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pharming Group's Net Invested Capital and Long Term Investments is 0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Pharming Group NV, assuming nothing else is changed. The correlation between historical values of Pharming Group's Net Invested Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Pharming Group NV are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., Pharming Group's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of Pharming Group balance sheet that represents investments Pharming Group NV intends to hold for over a year. Pharming Group NV long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Pharming Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pharming Group NV 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pharming Group NV. 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.
At this time, Pharming Group's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Issuance Of Capital Stock is likely to grow to about 4 M, while Tax Provision is likely to drop (1.5 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses156.7M169.8M225.5M236.8M
Cost Of Revenue20.2M17.6M25.2M15.2M

Pharming Group fundamental ratios Correlations

0.980.920.640.970.90.190.380.230.70.760.96-0.180.980.910.660.580.950.860.620.880.970.990.090.81-0.37
0.980.920.590.920.870.090.390.190.710.770.94-0.210.960.850.610.540.980.850.560.860.980.970.050.83-0.38
0.920.920.680.830.720.190.39-0.010.80.690.9-0.220.90.850.620.540.910.780.560.830.960.910.150.78-0.42
0.640.590.680.520.350.510.17-0.260.670.490.80.060.50.780.250.150.480.410.170.80.720.530.770.86-0.44
0.970.920.830.520.930.190.320.420.590.730.89-0.150.980.860.670.60.880.850.660.810.880.98-0.040.71-0.28
0.90.870.720.350.930.00.330.370.430.680.8-0.230.920.740.630.570.870.830.60.720.810.92-0.180.6-0.25
0.190.090.190.510.190.0-0.31-0.140.280.310.320.050.130.26-0.16-0.20.0-0.16-0.060.410.180.110.390.41-0.12
0.380.390.390.170.320.33-0.310.070.42-0.290.30.10.320.570.870.890.390.670.760.090.410.410.050.12-0.12
0.230.19-0.01-0.260.420.37-0.140.07-0.110.150.090.370.310.130.260.30.150.290.45-0.020.030.3-0.43-0.020.45
0.70.710.80.670.590.430.280.42-0.110.440.70.040.660.690.520.470.70.570.540.70.770.670.20.72-0.27
0.760.770.690.490.730.680.31-0.290.150.440.77-0.30.780.490.04-0.060.750.420.060.830.730.720.010.78-0.32
0.960.940.90.80.890.80.320.30.090.70.77-0.10.890.920.510.420.870.740.480.920.970.90.330.92-0.38
-0.18-0.21-0.220.06-0.15-0.230.050.10.370.04-0.3-0.1-0.24-0.01-0.060.0-0.3-0.170.22-0.29-0.2-0.220.26-0.040.75
0.980.960.90.50.980.920.130.320.310.660.780.89-0.240.830.650.580.950.850.630.830.930.99-0.090.73-0.33
0.910.850.850.780.860.740.260.570.130.690.490.92-0.010.830.750.680.770.840.670.790.90.870.370.77-0.39
0.660.610.620.250.670.63-0.160.870.260.520.040.51-0.060.650.750.990.610.870.910.360.610.72-0.110.24-0.21
0.580.540.540.150.60.57-0.20.890.30.47-0.060.420.00.580.680.990.540.820.930.250.520.65-0.170.15-0.12
0.950.980.910.480.880.870.00.390.150.70.750.87-0.30.950.770.610.540.840.560.810.950.95-0.090.75-0.37
0.860.850.780.410.850.83-0.160.670.290.570.420.74-0.170.850.840.870.820.840.740.630.820.9-0.050.52-0.38
0.620.560.560.170.660.6-0.060.760.450.540.060.480.220.630.670.910.930.560.740.270.530.67-0.20.220.15
0.880.860.830.80.810.720.410.09-0.020.70.830.92-0.290.830.790.360.250.810.630.270.890.830.290.92-0.53
0.970.980.960.720.880.810.180.410.030.770.730.97-0.20.930.90.610.520.950.820.530.890.940.210.87-0.44
0.990.970.910.530.980.920.110.410.30.670.720.9-0.220.990.870.720.650.950.90.670.830.94-0.050.72-0.35
0.090.050.150.77-0.04-0.180.390.05-0.430.20.010.330.26-0.090.37-0.11-0.17-0.09-0.05-0.20.290.21-0.050.47-0.27
0.810.830.780.860.710.60.410.12-0.020.720.780.92-0.040.730.770.240.150.750.520.220.920.870.720.47-0.39
-0.37-0.38-0.42-0.44-0.28-0.25-0.12-0.120.45-0.27-0.32-0.380.75-0.33-0.39-0.21-0.12-0.37-0.380.15-0.53-0.44-0.35-0.27-0.39
Click cells to compare fundamentals

Pharming Group Account Relationship Matchups

Pharming Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets255.6M419.1M396.9M425.8M462.9M486.0M
Short Long Term Debt Total58.1M162.2M161.6M166.7M171.5M180.1M
Other Current Liab20.3M58.8M32.0M42.3M51.8M54.4M
Total Current Liabilities114.1M77.0M46.7M59.7M78.0M46.5M
Total Stockholder Equity117.3M183.7M192.7M204.6M218.8M229.7M
Property Plant And Equipment Net16.3M21.7M33.1M39.1M33.5M35.1M
Current Deferred Revenue34.6M34.3M(44.4K)(56.2K)(64.7K)(61.4K)
Net Debt(16.1M)(43.3M)(30.1M)(40.6M)109.8M115.3M
Retained Earnings(333.4M)(317.5M)(269.4M)(256.4M)(265.3M)(278.5M)
Accounts Payable6.0M13.5M5.1M6.1M14.5M7.9M
Cash74.3M205.5M191.7M207.3M61.7M71.7M
Non Current Assets Total136.3M155.5M147.7M148.3M146.5M153.8M
Non Currrent Assets Other2.5M510.4K(303.4K)1.3M1.6M863.7K
Cash And Short Term Investments74.3M205.5M191.7M207.3M213.4M224.1M
Net Receivables26.3M19.2M15.9M19.6M32.1M33.7M
Common Stock Shares Outstanding67.4M68.3M70.1M70.7M657.0M689.9M
Liabilities And Stockholders Equity255.6M419.1M396.9M425.8M462.9M486.0M
Non Current Liabilities Total24.2M158.4M157.5M161.5M166.1M174.4M
Inventory16.2M21.2M27.3M42.3M56.8M59.6M
Other Current Assets2.6M5.0M2.6M2.5M13.8M14.4M
Other Stockholder Equity439.4M500.9M462.7M462.3M479.2M355.2M
Total Liab138.4M235.4M204.2M221.2M244.1M256.3M
Total Current Assets119.3M263.6M249.2M277.5M316.3M332.2M
Short Term Debt53.2M4.0M2.4M5.2M5.4M5.2M
Intangible Assets79.3M94.2M83.8M75.1M71.3M43.1M
Common Stock7.1M7.9M7.3M7.5M6.9M6.6M
Accumulated Other Comprehensive Income4.2M5.3M2.2M(8.7M)(2.1M)(2.0M)
Other Liab32.7M17.3M173K146K131.4K124.8K
Net Tangible Assets38.2M77.2M96.2M129.5M148.9M156.4M
Long Term Debt0.0121.9M122.6M131.6M136.6M95.7M
Capital Lease Obligations6.3M8.3M18.4M33.3M33.1M34.8M
Deferred Long Term Liab2.2M4.3M4.4M266K239.4K227.4K
Net Invested Capital150.3M273.0M294.5M338.0M357.2M258.8M
Short Long Term Debt45.6M1.7M1.7M1.8M1.8M1.7M
Non Current Liabilities Other32.0M17.3M173K146K131.4K124.8K
Net Working Capital4.6M151.8M178.8M217.8M238.4M134.2M
Property Plant Equipment14.5M17.6M29.3M39.1M45.0M47.3M

Additional Tools for Pharming Stock Analysis

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