Protagenic Days Payables Outstanding vs Ev To Sales Analysis

PTIX Stock  USD 0.52  0.03  5.45%   
Protagenic Therapeutics financial indicator trend analysis is much more than just breaking down Protagenic Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protagenic Therapeutics is a good investment. Please check the relationship between Protagenic Therapeutics Days Payables Outstanding and its Ev To Sales accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protagenic Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Protagenic Stock please use our How to Invest in Protagenic Therapeutics guide.

Days Payables Outstanding vs Ev To Sales

Days Payables Outstanding vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protagenic Therapeutics Days Payables Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Protagenic Therapeutics' Days Payables Outstanding and Ev To Sales is -0.22. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Protagenic Therapeutics, assuming nothing else is changed. The correlation between historical values of Protagenic Therapeutics' Days Payables Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Protagenic Therapeutics are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Payables Outstanding i.e., Protagenic Therapeutics' Days Payables Outstanding and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Payables Outstanding

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Protagenic Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protagenic Therapeutics 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 Protagenic Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Protagenic Stock please use our How to Invest in Protagenic Therapeutics guide.Selling General Administrative is likely to drop to about 1.1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Reconciled Depreciation37.030.01.6K1.7K
Interest Income33.2K185.8K303.2K318.4K

Protagenic Therapeutics fundamental ratios Correlations

-0.340.1-0.090.65-0.18-0.33-0.030.22-0.19-0.191.0-0.240.58-0.250.68-0.07-0.110.97-0.24-0.24-0.120.93-0.2-0.270.83
-0.34-0.090.54-0.630.360.76-0.48-0.240.370.37-0.310.83-0.260.87-0.230.790.57-0.350.950.830.57-0.220.38-0.28-0.38
0.1-0.09-0.270.260.64-0.210.250.160.640.640.12-0.440.7-0.4-0.04-0.39-0.270.09-0.05-0.44-0.310.230.64-0.440.07
-0.090.54-0.27-0.81-0.10.38-0.980.03-0.1-0.1-0.110.66-0.290.66-0.220.651.0-0.10.560.661.0-0.14-0.09-0.14-0.15
0.65-0.630.26-0.81-0.03-0.520.720.16-0.04-0.040.66-0.640.59-0.650.53-0.53-0.820.67-0.57-0.64-0.820.63-0.05-0.060.65
-0.180.360.64-0.1-0.030.290.13-0.181.01.0-0.15-0.110.35-0.05-0.11-0.14-0.09-0.180.4-0.11-0.080.11.0-0.12-0.13
-0.330.76-0.210.38-0.520.29-0.31-0.790.310.32-0.310.61-0.310.65-0.090.530.42-0.370.710.610.42-0.070.320.03-0.45
-0.03-0.480.25-0.980.720.13-0.31-0.10.130.14-0.01-0.610.15-0.610.16-0.65-0.98-0.04-0.51-0.61-0.970.040.130.2-0.01
0.22-0.240.160.030.16-0.18-0.79-0.1-0.19-0.210.21-0.150.22-0.18-0.05-0.060.010.3-0.22-0.150.0-0.07-0.21-0.280.37
-0.190.370.64-0.1-0.041.00.310.13-0.191.0-0.16-0.10.33-0.04-0.11-0.14-0.09-0.190.4-0.1-0.070.091.0-0.11-0.16
-0.190.370.64-0.1-0.041.00.320.14-0.211.0-0.15-0.10.32-0.04-0.1-0.14-0.09-0.190.4-0.1-0.070.11.0-0.11-0.18
1.0-0.310.12-0.110.66-0.15-0.31-0.010.21-0.16-0.15-0.220.59-0.220.66-0.04-0.130.97-0.2-0.22-0.140.94-0.16-0.30.83
-0.240.83-0.440.66-0.64-0.110.61-0.61-0.15-0.1-0.1-0.22-0.481.0-0.250.970.67-0.250.861.00.68-0.24-0.1-0.16-0.26
0.58-0.260.7-0.290.590.35-0.310.150.220.330.320.59-0.48-0.460.27-0.31-0.30.63-0.2-0.49-0.330.640.31-0.480.7
-0.250.87-0.40.66-0.65-0.050.65-0.61-0.18-0.04-0.04-0.221.0-0.46-0.250.970.67-0.260.891.00.68-0.23-0.03-0.17-0.28
0.68-0.23-0.04-0.220.53-0.11-0.090.16-0.05-0.11-0.10.66-0.250.27-0.25-0.17-0.210.64-0.26-0.25-0.220.67-0.11-0.070.41
-0.070.79-0.390.65-0.53-0.140.53-0.65-0.06-0.14-0.14-0.040.97-0.310.97-0.170.66-0.060.840.970.67-0.09-0.14-0.26-0.06
-0.110.57-0.271.0-0.82-0.090.42-0.980.01-0.09-0.09-0.130.67-0.30.67-0.210.66-0.120.570.670.99-0.15-0.08-0.15-0.18
0.97-0.350.09-0.10.67-0.18-0.37-0.040.3-0.19-0.190.97-0.250.63-0.260.64-0.06-0.12-0.25-0.25-0.130.89-0.2-0.280.89
-0.240.95-0.050.56-0.570.40.71-0.51-0.220.40.4-0.20.86-0.20.89-0.260.840.57-0.250.860.59-0.10.41-0.25-0.24
-0.240.83-0.440.66-0.64-0.110.61-0.61-0.15-0.1-0.1-0.221.0-0.491.0-0.250.970.67-0.250.860.68-0.24-0.1-0.16-0.27
-0.120.57-0.311.0-0.82-0.080.42-0.970.0-0.07-0.07-0.140.68-0.330.68-0.220.670.99-0.130.590.68-0.16-0.07-0.1-0.18
0.93-0.220.23-0.140.630.1-0.070.04-0.070.090.10.94-0.240.64-0.230.67-0.09-0.150.89-0.1-0.24-0.160.09-0.240.74
-0.20.380.64-0.09-0.051.00.320.13-0.211.01.0-0.16-0.10.31-0.03-0.11-0.14-0.08-0.20.41-0.1-0.070.09-0.11-0.18
-0.27-0.28-0.44-0.14-0.06-0.120.030.2-0.28-0.11-0.11-0.3-0.16-0.48-0.17-0.07-0.26-0.15-0.28-0.25-0.16-0.1-0.24-0.11-0.25
0.83-0.380.07-0.150.65-0.13-0.45-0.010.37-0.16-0.180.83-0.260.7-0.280.41-0.06-0.180.89-0.24-0.27-0.180.74-0.18-0.25
Click cells to compare fundamentals

Protagenic Therapeutics Account Relationship Matchups

Protagenic Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets842.3K879.2K11.1M8.0M4.3M4.1M
Other Current Liab1.2M513.3K520.6K620.1K541.5K514.4K
Total Current Liabilities1.2M655.2K799.5K1.1M655.3K622.5K
Total Stockholder Equity(634.4K)(1.1M)9.9M6.9M3.7M6.1M
Property Plant And Equipment Net611.0296.00.01.8K123.3K117.2K
Net Debt(519.3K)702.7K(222.7K)129.0K(1.3M)(1.4M)
Retained Earnings(15.2M)(17.7M)(22.2M)(25.8M)(30.8M)(32.3M)
Cash798.6K671.1K541.2K215.2K1.3M2.0M
Non Current Assets Total611.0296.00.01.8K123.3K117.2K
Non Currrent Assets Other1.0K611.0296.01.8K(1.0)(0.95)
Cash And Short Term Investments798.6K671.1K10.4M8.0M4.1M4.0M
Liabilities And Stockholders Equity842.3K879.2K11.1M8.0M4.3M4.1M
Non Current Liabilities Total161.052.4K279.4K1.4M318.4K1.0M
Other Current Assets43.4K208.2K688.7K56.9K144.0K136.8K
Other Stockholder Equity14.7M16.7M32.4M33.4M34.6M42.6M
Total Liab1.5M2.0M1.1M1.1M655.3K622.5K
Total Current Assets842.0K879.2K11.1M8.0M4.2M7.2M
Accumulated Other Comprehensive Income(172.4K)(171.6K)(248.3K)(676.9K)(113.5K)(119.2K)
Accounts Payable36.2K141.9K279.0K155.5K113.8K108.1K
Net Tangible Assets(210.9K)(634.4K)(1.1M)9.9M11.4M12.0M
Net Invested Capital(355.0K)224.1K10.3M7.3M3.7M3.5M
Net Working Capital(355.3K)224.1K10.3M6.9M3.5M3.4M

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