Soligenix Cash vs Non Currrent Assets Other Analysis

SNGX Stock  USD 3.47  0.01  0.29%   
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 Cash and its Non Currrent Assets Other 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.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soligenix Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Soligenix's Cash and Non Currrent Assets Other is 0.39. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Soligenix are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Soligenix's Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Soligenix, which is listed under current asset account on Soligenix balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Soligenix customers. The amounts must be unrestricted with restricted cash listed in a different Soligenix 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Profit95.6K398.1K97.3K92.4K
Total Revenue824.3K948.9K839.4K797.4K

Soligenix fundamental ratios Correlations

0.350.460.32-0.81-0.651.0-0.211.00.42-0.050.70.80.451.0-0.40.590.390.350.86-0.340.750.21-0.160.280.88
0.35-0.570.470.04-0.540.34-0.120.340.470.020.560.780.480.36-0.290.140.410.680.07-0.310.520.590.390.080.11
0.46-0.57-0.32-0.78-0.10.47-0.110.47-0.220.060.17-0.16-0.170.46-0.040.2-0.12-0.270.42-0.170.0-0.44-0.42-0.010.4
0.320.47-0.320.16-0.450.35-0.230.350.620.080.30.540.950.31-0.57-0.130.440.170.310.470.540.030.020.820.37
-0.810.04-0.780.160.42-0.790.27-0.79-0.08-0.12-0.52-0.38-0.02-0.820.27-0.54-0.26-0.1-0.660.38-0.29-0.10.37-0.02-0.64
-0.65-0.54-0.1-0.450.42-0.610.31-0.62-0.72-0.36-0.9-0.63-0.57-0.640.48-0.23-0.36-0.42-0.360.36-0.46-0.210.01-0.18-0.39
1.00.340.470.35-0.79-0.61-0.211.00.39-0.080.670.80.481.0-0.420.560.390.320.87-0.30.770.18-0.170.330.89
-0.21-0.12-0.11-0.230.270.31-0.21-0.22-0.22-0.45-0.26-0.15-0.24-0.240.91-0.1-0.85-0.3-0.09-0.20.26-0.060.78-0.3-0.1
1.00.340.470.35-0.79-0.621.0-0.220.4-0.080.670.790.491.0-0.420.560.40.320.87-0.290.770.18-0.170.340.89
0.420.47-0.220.62-0.08-0.720.39-0.220.40.160.450.570.710.41-0.440.350.420.420.350.090.430.29-0.040.460.39
-0.050.020.060.08-0.12-0.36-0.08-0.45-0.080.160.31-0.110.05-0.03-0.440.010.330.11-0.20.06-0.40.05-0.390.03-0.2
0.70.560.170.3-0.52-0.90.67-0.260.670.450.310.670.40.71-0.410.310.310.450.41-0.510.490.230.00.020.42
0.80.78-0.160.54-0.38-0.630.8-0.150.790.57-0.110.670.590.8-0.410.530.50.580.68-0.290.840.540.10.30.7
0.450.48-0.170.95-0.02-0.570.48-0.240.490.710.050.40.590.45-0.57-0.050.430.190.370.410.590.030.040.830.43
1.00.360.460.31-0.82-0.641.0-0.241.00.41-0.030.710.80.45-0.430.590.420.360.86-0.340.730.22-0.190.280.87
-0.4-0.29-0.04-0.570.270.48-0.420.91-0.42-0.44-0.44-0.41-0.41-0.57-0.43-0.14-0.89-0.34-0.31-0.29-0.07-0.090.66-0.58-0.33
0.590.140.2-0.13-0.54-0.230.56-0.10.560.350.010.310.53-0.050.59-0.140.30.480.68-0.30.340.41-0.34-0.070.66
0.390.41-0.120.44-0.26-0.360.39-0.850.40.420.330.310.50.430.42-0.890.30.360.320.220.080.47-0.60.450.33
0.350.68-0.270.17-0.1-0.420.32-0.30.320.420.110.450.580.190.36-0.340.480.360.12-0.410.260.22-0.04-0.150.14
0.860.070.420.31-0.66-0.360.87-0.090.870.35-0.20.410.680.370.86-0.310.680.320.12-0.10.720.16-0.290.381.0
-0.34-0.31-0.170.470.380.36-0.3-0.2-0.290.090.06-0.51-0.290.41-0.34-0.29-0.30.22-0.41-0.1-0.23-0.23-0.30.74-0.09
0.750.520.00.54-0.29-0.460.770.260.770.43-0.40.490.840.590.73-0.070.340.080.260.72-0.230.230.370.360.75
0.210.59-0.440.03-0.1-0.210.18-0.060.180.290.050.230.540.030.22-0.090.410.470.220.16-0.230.230.13-0.110.16
-0.160.39-0.420.020.370.01-0.170.78-0.17-0.04-0.390.00.10.04-0.190.66-0.34-0.6-0.04-0.29-0.30.370.13-0.23-0.27
0.280.08-0.010.82-0.02-0.180.33-0.30.340.460.030.020.30.830.28-0.58-0.070.45-0.150.380.740.36-0.11-0.230.42
0.880.110.40.37-0.64-0.390.89-0.10.890.39-0.20.420.70.430.87-0.330.660.330.141.0-0.090.750.16-0.270.42
Click cells to compare fundamentals

Soligenix Account Relationship Matchups

Soligenix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8M19.9M26.9M14.3M9.8M10.0M
Total Current Liabilities6.3M6.1M6.3M16.5M6.2M3.9M
Total Stockholder Equity1.5M3.7M10.7M(2.5M)2.5M3.4M
Property Plant And Equipment Net161.5K251.5K128.4K359.5K241.8K253.8K
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)
Cash5.4M18.7M26.0M13.4M8.4M7.9M
Non Current Assets Total282.0K424.2K300.4K426.6K290.0K275.5K
Cash And Short Term Investments5.4M18.7M26.0M13.4M8.4M8.4M
Common Stock Total Equity8.7K17.7K21.8K30.6K35.2K50.0K
Common Stock Shares Outstanding1.3M114.5K167.2K179.5K484.9K509.1K
Liabilities And Stockholders Equity7.8M19.9M26.9M14.3M9.8M10.0M
Other Stockholder Equity177.0M196.9M216.4M217.1M228.2M127.1M
Total Liab6.3M16.1M16.1M16.8M7.3M5.2M
Property Plant And Equipment Gross161.5K251.5K296.2K474.2K363.1K381.2K
Total Current Assets7.5M19.5M26.6M13.9M9.5M9.1M
Intangible Assets46.9K19.7K23.3K7.8K7.0K6.6K
Common Stock21.8K30.6K42.9K2.9K10.4K10.9K
Non Currrent Assets Other100.8K172.7K172.0K43.0K48.2K92.2K
Accumulated Other Comprehensive Income(45.0K)(24.3K)41.9K24.7K22.2K23.4K
Accounts Payable2.7M2.1M2.9M3.9M1.1M1.8M
Non Current Liabilities Total6.1K10.1M9.9M233.7K1.1M1.1M
Other Current Assets609.7K225.5K282.9K274.2K866.0K909.3K
Other Current Liab3.5M3.5M3.2M2.5M2.5M1.8M
Other Assets82.5K62.1K149.4K172.0K197.8K207.7K
Property Plant Equipment19.6K161.5K251.5K128.4K115.5K75.0K
Net Receivables1.5M564.9K242.7K219.3K195.1K185.4K
Retained Earnings Total Equity(157.3M)(166.2M)(175.5M)(193.2M)(173.9M)(182.6M)
Deferred Long Term Liab59.8K39.3K53.5K20.3K23.3K17.3K
Net Tangible Assets6.2M1.4M3.7M10.7M12.3M12.9M
Capital Surpluse163.6M172.4M177.0M196.9M226.5M176.5M
Net Invested Capital1.5M14.0M20.6M7.4M5.8M9.7M
Net Working Capital1.2M13.4M20.3M(2.7M)3.4M5.5M
Capital Stock21.8K30.6K42.9K2.9K10.4K16.8K

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