Theriva Net Receivables vs Other Current Liab Analysis

TOVX Stock  USD 1.18  0.01  0.84%   
Theriva Biologics financial indicator trend analysis is much more than just breaking down Theriva Biologics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Theriva Biologics is a good investment. Please check the relationship between Theriva Biologics Net Receivables and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Theriva Biologics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Theriva Stock please use our How to Invest in Theriva Biologics guide.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Theriva Biologics Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Theriva Biologics' Net Receivables and Other Current Liab is -0.09. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Theriva Biologics, assuming nothing else is changed. The correlation between historical values of Theriva Biologics' Net Receivables and Other Current Liab 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 Receivables of Theriva Biologics are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Theriva Biologics' Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Current Liab

Most indicators from Theriva Biologics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Theriva Biologics 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 Theriva Biologics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Theriva Stock please use our How to Invest in Theriva Biologics guide.At this time, Theriva Biologics' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.75 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses14.3M21.6M21.4M13.9M
Cost Of Revenue87K268K135K183.7K

Theriva Biologics fundamental ratios Correlations

0.140.94-0.83-0.760.010.790.730.790.860.460.810.120.84-0.51-0.760.540.90.480.460.53-0.350.36-0.270.510.71
0.14-0.14-0.14-0.20.740.140.00.140.160.790.210.990.15-0.130.060.330.040.04-0.070.11-0.280.270.09-0.13-0.01
0.94-0.14-0.84-0.68-0.180.820.620.820.790.130.81-0.150.72-0.44-0.760.40.820.380.390.33-0.290.29-0.30.630.61
-0.83-0.14-0.840.56-0.01-0.99-0.23-0.99-0.64-0.23-0.98-0.13-0.50.390.55-0.26-0.560.00.01-0.190.32-0.320.06-0.79-0.21
-0.76-0.2-0.680.56-0.16-0.54-0.64-0.54-0.98-0.51-0.55-0.14-0.840.350.83-0.63-0.74-0.53-0.49-0.530.52-0.520.49-0.38-0.62
0.010.74-0.18-0.01-0.160.01-0.130.010.10.550.10.640.030.00.160.24-0.12-0.1-0.150.01-0.230.24-0.02-0.14-0.14
0.790.140.82-0.99-0.540.010.191.00.610.20.990.140.45-0.41-0.530.210.530.0-0.070.16-0.320.3-0.050.780.17
0.730.00.62-0.23-0.64-0.130.190.190.710.480.21-0.020.85-0.45-0.660.590.880.850.80.73-0.20.21-0.39-0.071.0
0.790.140.82-0.99-0.540.011.00.190.610.20.990.140.45-0.41-0.530.210.530.0-0.070.16-0.320.3-0.050.780.17
0.860.160.79-0.64-0.980.10.610.710.610.50.610.10.89-0.38-0.860.650.820.550.540.56-0.490.5-0.470.440.68
0.460.790.13-0.23-0.510.550.20.480.20.50.250.770.57-0.33-0.260.560.450.40.30.69-0.320.33-0.05-0.140.47
0.810.210.81-0.98-0.550.10.990.210.990.610.250.20.46-0.42-0.530.250.540.03-0.050.16-0.350.33-0.070.750.19
0.120.99-0.15-0.13-0.140.640.14-0.020.140.10.770.20.12-0.120.080.30.020.01-0.090.09-0.250.240.13-0.13-0.03
0.840.150.72-0.5-0.840.030.450.850.450.890.570.460.12-0.27-0.740.640.920.710.760.7-0.320.33-0.30.310.83
-0.51-0.13-0.440.390.350.0-0.41-0.45-0.41-0.38-0.33-0.42-0.12-0.270.40.04-0.33-0.160.12-0.420.09-0.090.20.03-0.46
-0.760.06-0.760.550.830.16-0.53-0.66-0.53-0.86-0.26-0.530.08-0.740.4-0.42-0.76-0.52-0.56-0.440.42-0.420.43-0.49-0.65
0.540.330.4-0.26-0.630.240.210.590.210.650.560.250.30.640.04-0.420.660.60.60.45-0.590.61-0.51-0.020.56
0.90.040.82-0.56-0.74-0.120.530.880.530.820.450.540.020.92-0.33-0.760.660.770.750.63-0.440.43-0.420.310.86
0.480.040.380.0-0.53-0.10.00.850.00.550.40.030.010.71-0.16-0.520.60.770.840.59-0.290.21-0.41-0.220.85
0.46-0.070.390.01-0.49-0.15-0.070.8-0.070.540.3-0.05-0.090.760.12-0.560.60.750.840.49-0.20.22-0.34-0.030.8
0.530.110.33-0.19-0.530.010.160.730.160.560.690.160.090.7-0.42-0.440.450.630.590.49-0.130.13-0.09-0.090.72
-0.35-0.28-0.290.320.52-0.23-0.32-0.2-0.32-0.49-0.32-0.35-0.25-0.320.090.42-0.59-0.44-0.29-0.2-0.13-0.980.8-0.11-0.17
0.360.270.29-0.32-0.520.240.30.210.30.50.330.330.240.33-0.09-0.420.610.430.210.220.13-0.98-0.810.120.18
-0.270.09-0.30.060.49-0.02-0.05-0.39-0.05-0.47-0.05-0.070.13-0.30.20.43-0.51-0.42-0.41-0.34-0.090.8-0.810.15-0.38
0.51-0.130.63-0.79-0.38-0.140.78-0.070.780.44-0.140.75-0.130.310.03-0.49-0.020.31-0.22-0.03-0.09-0.110.120.15-0.09
0.71-0.010.61-0.21-0.62-0.140.171.00.170.680.470.19-0.030.83-0.46-0.650.560.860.850.80.72-0.170.18-0.38-0.09
Click cells to compare fundamentals

Theriva Biologics Account Relationship Matchups

Theriva Biologics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.2M8.4M70.4M71.9M55.2M58.0M
Total Current Liabilities5.3M3.0M3.6M7.1M6.7M4.2M
Total Stockholder Equity14.4M8.0M65.4M54.6M39.7M41.7M
Net Debt(14.3M)(5.8M)(65.8M)(40.1M)(21.0M)(20.0M)
Retained Earnings(235.5M)(248.1M)(271.3M)(291.0M)(309.3M)(293.9M)
Accounts Payable2.3M886K524K915K770K1.1M
Cash15.0M6.2M67.3M41.8M23.2M12.9M
Non Current Assets Total809K476K1.5M26.3M27.8M29.2M
Cash And Short Term Investments15.0M6.2M67.3M41.8M23.2M13.0M
Liabilities And Stockholders Equity17.2M8.4M70.4M71.9M55.2M58.0M
Other Stockholder Equity232.6M240.8M336.6M343.5M346.2M363.5M
Total Liab5.7M3.2M5.0M17.3M15.5M16.3M
Total Current Assets16.4M7.9M68.9M45.5M27.4M14.4M
Other Current Liab2.7M1.8M2.9M5.7M4.9M3.0M
Property Plant And Equipment Net786K453K1.5M1.5M2.2M2.3M
Non Current Liabilities Total473K186K1.4M10.2M8.8M9.2M
Common Stock17K29K132K16K18K17.1K
Common Stock Shares Outstanding1.6M1.9M12.2M613.1K644.3K1.1M
Net Tangible Assets(2.9M)(7.2M)65.4M46.3M53.3M55.9M
Net Invested Capital(2.9M)(7.2M)65.4M52.1M37.2M28.6M
Capital Stock17.3M15.3M132K2.8M2.8M2.6M
Net Working Capital11.2M5.0M65.3M38.5M20.7M30.6M
Property Plant Equipment786K453K1.5M1.5M1.8M1.1M

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