Soligenix Asset Turnover vs Gross Profit Margin Analysis

SNGX Stock

USD 3.35 0.03 0.90%

Soligenix financial indicator trend analysis is much more than just breaking down Soligenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soligenix is a good investment. Please check the relationship between Soligenix Asset Turnover and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soligenix Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Soligenix's Asset Turnover and Gross Profit Margin is -0.3. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Soligenix are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Soligenix's Asset Turnover and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit Margin

Most indicators from Soligenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soligenix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to rise to about (1.1 M) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	95.6K	398.1K	97.3K	92.4K
Total Revenue	824.3K	948.9K	839.4K	797.4K

Gross Profit Total Revenue

Soligenix fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Non Currrent Assets Other	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Other Assets	Long Term Debt
Total Assets		0.35	0.46	0.32	-0.81	-0.65	1.0	-0.21	1.0	0.42	-0.05	0.7	0.8	0.45	1.0	-0.4	0.59	0.39	0.35	0.86	-0.34	0.75	0.21	-0.16	0.28	0.88
Total Current Liabilities	0.35		-0.57	0.47	0.04	-0.54	0.34	-0.12	0.34	0.47	0.02	0.56	0.78	0.48	0.36	-0.29	0.14	0.41	0.68	0.07	-0.31	0.52	0.59	0.39	0.08	0.11
Total Stockholder Equity	0.46	-0.57		-0.32	-0.78	-0.1	0.47	-0.11	0.47	-0.22	0.06	0.17	-0.16	-0.17	0.46	-0.04	0.2	-0.12	-0.27	0.42	-0.17	0.0	-0.44	-0.42	-0.01	0.4
Property Plant And Equipment Net	0.32	0.47	-0.32		0.16	-0.45	0.35	-0.23	0.35	0.62	0.08	0.3	0.54	0.95	0.31	-0.57	-0.13	0.44	0.17	0.31	0.47	0.54	0.03	0.02	0.82	0.37
Net Debt	-0.81	0.04	-0.78	0.16		0.42	-0.79	0.27	-0.79	-0.08	-0.12	-0.52	-0.38	-0.02	-0.82	0.27	-0.54	-0.26	-0.1	-0.66	0.38	-0.29	-0.1	0.37	-0.02	-0.64
Retained Earnings	-0.65	-0.54	-0.1	-0.45	0.42		-0.61	0.31	-0.62	-0.72	-0.36	-0.9	-0.63	-0.57	-0.64	0.48	-0.23	-0.36	-0.42	-0.36	0.36	-0.46	-0.21	0.01	-0.18	-0.39
Cash	1.0	0.34	0.47	0.35	-0.79	-0.61		-0.21	1.0	0.39	-0.08	0.67	0.8	0.48	1.0	-0.42	0.56	0.39	0.32	0.87	-0.3	0.77	0.18	-0.17	0.33	0.89
Non Current Assets Total	-0.21	-0.12	-0.11	-0.23	0.27	0.31	-0.21		-0.22	-0.22	-0.45	-0.26	-0.15	-0.24	-0.24	0.91	-0.1	-0.85	-0.3	-0.09	-0.2	0.26	-0.06	0.78	-0.3	-0.1
Cash And Short Term Investments	1.0	0.34	0.47	0.35	-0.79	-0.62	1.0	-0.22		0.4	-0.08	0.67	0.79	0.49	1.0	-0.42	0.56	0.4	0.32	0.87	-0.29	0.77	0.18	-0.17	0.34	0.89
Common Stock Total Equity	0.42	0.47	-0.22	0.62	-0.08	-0.72	0.39	-0.22	0.4		0.16	0.45	0.57	0.71	0.41	-0.44	0.35	0.42	0.42	0.35	0.09	0.43	0.29	-0.04	0.46	0.39
Common Stock Shares Outstanding	-0.05	0.02	0.06	0.08	-0.12	-0.36	-0.08	-0.45	-0.08	0.16		0.31	-0.11	0.05	-0.03	-0.44	0.01	0.33	0.11	-0.2	0.06	-0.4	0.05	-0.39	0.03	-0.2
Other Stockholder Equity	0.7	0.56	0.17	0.3	-0.52	-0.9	0.67	-0.26	0.67	0.45	0.31		0.67	0.4	0.71	-0.41	0.31	0.31	0.45	0.41	-0.51	0.49	0.23	0.0	0.02	0.42
Total Liab	0.8	0.78	-0.16	0.54	-0.38	-0.63	0.8	-0.15	0.79	0.57	-0.11	0.67		0.59	0.8	-0.41	0.53	0.5	0.58	0.68	-0.29	0.84	0.54	0.1	0.3	0.7
Property Plant And Equipment Gross	0.45	0.48	-0.17	0.95	-0.02	-0.57	0.48	-0.24	0.49	0.71	0.05	0.4	0.59		0.45	-0.57	-0.05	0.43	0.19	0.37	0.41	0.59	0.03	0.04	0.83	0.43
Total Current Assets	1.0	0.36	0.46	0.31	-0.82	-0.64	1.0	-0.24	1.0	0.41	-0.03	0.71	0.8	0.45		-0.43	0.59	0.42	0.36	0.86	-0.34	0.73	0.22	-0.19	0.28	0.87
Intangible Assets	-0.4	-0.29	-0.04	-0.57	0.27	0.48	-0.42	0.91	-0.42	-0.44	-0.44	-0.41	-0.41	-0.57	-0.43		-0.14	-0.89	-0.34	-0.31	-0.29	-0.07	-0.09	0.66	-0.58	-0.33
Common Stock	0.59	0.14	0.2	-0.13	-0.54	-0.23	0.56	-0.1	0.56	0.35	0.01	0.31	0.53	-0.05	0.59	-0.14		0.3	0.48	0.68	-0.3	0.34	0.41	-0.34	-0.07	0.66
Non Currrent Assets Other	0.39	0.41	-0.12	0.44	-0.26	-0.36	0.39	-0.85	0.4	0.42	0.33	0.31	0.5	0.43	0.42	-0.89	0.3		0.36	0.32	0.22	0.08	0.47	-0.6	0.45	0.33
Accounts Payable	0.35	0.68	-0.27	0.17	-0.1	-0.42	0.32	-0.3	0.32	0.42	0.11	0.45	0.58	0.19	0.36	-0.34	0.48	0.36		0.12	-0.41	0.26	0.22	-0.04	-0.15	0.14
Non Current Liabilities Total	0.86	0.07	0.42	0.31	-0.66	-0.36	0.87	-0.09	0.87	0.35	-0.2	0.41	0.68	0.37	0.86	-0.31	0.68	0.32	0.12		-0.1	0.72	0.16	-0.29	0.38	1.0
Other Current Assets	-0.34	-0.31	-0.17	0.47	0.38	0.36	-0.3	-0.2	-0.29	0.09	0.06	-0.51	-0.29	0.41	-0.34	-0.29	-0.3	0.22	-0.41	-0.1		-0.23	-0.23	-0.3	0.74	-0.09
Short Long Term Debt Total	0.75	0.52	0.0	0.54	-0.29	-0.46	0.77	0.26	0.77	0.43	-0.4	0.49	0.84	0.59	0.73	-0.07	0.34	0.08	0.26	0.72	-0.23		0.23	0.37	0.36	0.75
Other Current Liab	0.21	0.59	-0.44	0.03	-0.1	-0.21	0.18	-0.06	0.18	0.29	0.05	0.23	0.54	0.03	0.22	-0.09	0.41	0.47	0.22	0.16	-0.23	0.23		0.13	-0.11	0.16
Short Term Debt	-0.16	0.39	-0.42	0.02	0.37	0.01	-0.17	0.78	-0.17	-0.04	-0.39	0.0	0.1	0.04	-0.19	0.66	-0.34	-0.6	-0.04	-0.29	-0.3	0.37	0.13		-0.23	-0.27
Other Assets	0.28	0.08	-0.01	0.82	-0.02	-0.18	0.33	-0.3	0.34	0.46	0.03	0.02	0.3	0.83	0.28	-0.58	-0.07	0.45	-0.15	0.38	0.74	0.36	-0.11	-0.23		0.42
Long Term Debt	0.88	0.11	0.4	0.37	-0.64	-0.39	0.89	-0.1	0.89	0.39	-0.2	0.42	0.7	0.43	0.87	-0.33	0.66	0.33	0.14	1.0	-0.09	0.75	0.16	-0.27	0.42

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Soligenix Account Relationship Matchups

Soligenix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.8M	19.9M	26.9M	14.3M	9.8M	10.0M
Total Current Liabilities	6.3M	6.1M	6.3M	16.5M	6.2M	3.9M
Total Stockholder Equity	1.5M	3.7M	10.7M	(2.5M)	2.5M	3.4M
Property Plant And Equipment Net	161.5K	251.5K	128.4K	359.5K	241.8K	253.8K
Net Debt	(5.3M)	(8.2M)	(16.1M)	(3.1M)	(5.0M)	(5.2M)
Retained Earnings	(175.5M)	(193.2M)	(205.8M)	(219.6M)	(225.7M)	(214.4M)
Cash	5.4M	18.7M	26.0M	13.4M	8.4M	7.9M
Non Current Assets Total	282.0K	424.2K	300.4K	426.6K	290.0K	275.5K
Cash And Short Term Investments	5.4M	18.7M	26.0M	13.4M	8.4M	8.4M
Common Stock Total Equity	8.7K	17.7K	21.8K	30.6K	35.2K	50.0K
Common Stock Shares Outstanding	1.3M	114.5K	167.2K	179.5K	484.9K	509.1K
Liabilities And Stockholders Equity	7.8M	19.9M	26.9M	14.3M	9.8M	10.0M
Other Stockholder Equity	177.0M	196.9M	216.4M	217.1M	228.2M	127.1M
Total Liab	6.3M	16.1M	16.1M	16.8M	7.3M	5.2M
Property Plant And Equipment Gross	161.5K	251.5K	296.2K	474.2K	363.1K	381.2K
Total Current Assets	7.5M	19.5M	26.6M	13.9M	9.5M	9.1M
Intangible Assets	46.9K	19.7K	23.3K	7.8K	7.0K	6.6K
Common Stock	21.8K	30.6K	42.9K	2.9K	10.4K	10.9K
Non Currrent Assets Other	100.8K	172.7K	172.0K	43.0K	48.2K	92.2K
Accumulated Other Comprehensive Income	(45.0K)	(24.3K)	41.9K	24.7K	22.2K	23.4K
Accounts Payable	2.7M	2.1M	2.9M	3.9M	1.1M	1.8M
Non Current Liabilities Total	6.1K	10.1M	9.9M	233.7K	1.1M	1.1M
Other Current Assets	609.7K	225.5K	282.9K	274.2K	866.0K	909.3K
Other Current Liab	3.5M	3.5M	3.2M	2.5M	2.5M	1.8M
Other Assets	82.5K	62.1K	149.4K	172.0K	197.8K	207.7K
Property Plant Equipment	19.6K	161.5K	251.5K	128.4K	115.5K	75.0K
Net Receivables	1.5M	564.9K	242.7K	219.3K	195.1K	185.4K
Retained Earnings Total Equity	(157.3M)	(166.2M)	(175.5M)	(193.2M)	(173.9M)	(182.6M)
Deferred Long Term Liab	59.8K	39.3K	53.5K	20.3K	23.3K	17.3K
Net Tangible Assets	6.2M	1.4M	3.7M	10.7M	12.3M	12.9M
Capital Surpluse	163.6M	172.4M	177.0M	196.9M	226.5M	176.5M
Net Invested Capital	1.5M	14.0M	20.6M	7.4M	5.8M	9.7M
Net Working Capital	1.2M	13.4M	20.3M	(2.7M)	3.4M	5.5M
Capital Stock	21.8K	30.6K	42.9K	2.9K	10.4K	16.8K

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Soligenix Asset Turnover vs Gross Profit Margin Analysis

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Asset Turnover

Gross Profit Margin

Soligenix fundamental ratios Correlations

Soligenix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Soligenix fundamental ratios Accounts

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Additional Tools for Soligenix Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Other Stockholder Equity	- 0.9	Retained Earnings
Non Currrent Assets Other	- 0.89	Intangible Assets
Non Currrent Assets Other	- 0.85	Non Current Assets Total
Total Current Assets	- 0.82	Net Debt
Net Debt	- 0.81	Total Assets
Cash And Short Term Investments	- 0.79	Net Debt