DermTech Non Current Liabilities Total vs Total Stockholder Equity Analysis

DMTK Stock  USD 0.50  0.07  12.28%   
DermTech financial indicator trend analysis is much more than just examining DermTech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DermTech is a good investment. Please check the relationship between DermTech Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DermTech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy DermTech Stock please use our How to buy in DermTech Stock guide.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DermTech Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between DermTech's Non Current Liabilities Total and Total Stockholder Equity is 0.35. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of DermTech, assuming nothing else is changed. The correlation between historical values of DermTech's Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of DermTech are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., DermTech's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from DermTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DermTech 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DermTech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy DermTech Stock please use our How to buy in DermTech Stock guide.Selling General Administrative is expected to rise to about 46 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 5 M.

DermTech fundamental ratios Correlations

0.730.720.970.82-0.620.720.850.610.280.710.450.870.280.720.050.530.670.59-0.130.870.280.83-0.640.870.3
0.730.970.580.88-0.960.740.640.32-0.190.950.490.7-0.190.94-0.210.920.950.95-0.350.71-0.190.85-0.230.91-0.05
0.720.970.580.9-0.950.80.690.23-0.250.940.360.74-0.260.91-0.380.860.890.9-0.510.75-0.260.88-0.310.91-0.02
0.970.580.580.76-0.460.650.850.570.370.580.420.860.370.610.120.350.50.41-0.060.860.370.78-0.730.770.39
0.820.880.90.76-0.860.780.870.22-0.170.920.460.89-0.180.93-0.180.690.750.75-0.340.89-0.181.0-0.570.930.2
-0.62-0.96-0.95-0.46-0.86-0.63-0.53-0.280.2-0.96-0.42-0.580.22-0.930.31-0.93-0.88-0.950.42-0.590.22-0.820.1-0.810.11
0.720.740.80.650.78-0.630.810.06-0.270.640.350.85-0.280.68-0.450.480.60.55-0.60.85-0.280.79-0.630.86-0.14
0.850.640.690.850.87-0.530.810.11-0.150.650.310.99-0.150.68-0.10.330.510.42-0.280.98-0.150.9-0.890.860.41
0.610.320.230.570.22-0.280.060.110.850.330.360.140.840.250.290.420.390.40.240.140.840.210.070.280.03
0.28-0.19-0.250.37-0.170.2-0.27-0.150.85-0.150.17-0.161.0-0.20.4-0.08-0.13-0.110.43-0.171.0-0.160.09-0.180.07
0.710.950.940.580.92-0.960.640.650.33-0.150.460.68-0.160.94-0.190.910.90.94-0.310.69-0.160.9-0.240.870.07
0.450.490.360.420.46-0.420.350.310.360.170.460.350.150.640.470.440.420.430.40.350.150.46-0.140.44-0.3
0.870.70.740.860.89-0.580.850.990.14-0.160.680.35-0.160.73-0.10.390.580.47-0.31.0-0.160.9-0.840.910.36
0.28-0.19-0.260.37-0.180.22-0.28-0.150.841.0-0.160.15-0.16-0.210.42-0.09-0.14-0.130.44-0.161.0-0.170.08-0.180.11
0.720.940.910.610.93-0.930.680.680.25-0.20.940.640.73-0.21-0.040.830.850.87-0.190.74-0.210.91-0.310.880.02
0.05-0.21-0.380.12-0.180.31-0.45-0.10.290.4-0.190.47-0.10.42-0.04-0.2-0.13-0.230.97-0.110.42-0.160.01-0.170.33
0.530.920.860.350.69-0.930.480.330.42-0.080.910.440.39-0.090.83-0.20.940.99-0.270.4-0.090.650.140.72-0.18
0.670.950.890.50.75-0.880.60.510.39-0.130.90.420.58-0.140.85-0.130.940.96-0.260.59-0.140.71-0.070.860.0
0.590.950.90.410.75-0.950.550.420.4-0.110.940.430.47-0.130.87-0.230.990.96-0.320.49-0.130.720.050.78-0.13
-0.13-0.35-0.51-0.06-0.340.42-0.6-0.280.240.43-0.310.4-0.30.44-0.190.97-0.27-0.26-0.32-0.310.44-0.320.16-0.350.24
0.870.710.750.860.89-0.590.850.980.14-0.170.690.351.0-0.160.74-0.110.40.590.49-0.31-0.160.91-0.830.920.35
0.28-0.19-0.260.37-0.180.22-0.28-0.150.841.0-0.160.15-0.161.0-0.210.42-0.09-0.14-0.130.44-0.16-0.170.08-0.180.11
0.830.850.880.781.0-0.820.790.90.21-0.160.90.460.9-0.170.91-0.160.650.710.72-0.320.91-0.17-0.620.920.23
-0.64-0.23-0.31-0.73-0.570.1-0.63-0.890.070.09-0.24-0.14-0.840.08-0.310.010.14-0.070.050.16-0.830.08-0.62-0.55-0.49
0.870.910.910.770.93-0.810.860.860.28-0.180.870.440.91-0.180.88-0.170.720.860.78-0.350.92-0.180.92-0.550.16
0.3-0.05-0.020.390.20.11-0.140.410.030.070.07-0.30.360.110.020.33-0.180.0-0.130.240.350.110.23-0.490.16
Click cells to compare fundamentals

DermTech Account Relationship Matchups

DermTech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2M69.8M248.3M202.1M121.9M82.3M
Other Current Liab2.7M2.8M6.3M11.4M8.7M9.1M
Total Current Liabilities5.7M5.4M12.2M15.6M13.4M14.1M
Total Stockholder Equity12.5M63.5M229.7M132.4M57.2M64.2M
Net Tangible Assets12.5M63.5M229.7M132.4M152.2M159.8M
Retained Earnings(91.1M)(126.4M)(206.4M)(323.0M)(423.9M)(402.7M)
Accounts Payable1.6M1.6M2.9M2.4M1.5M1.2M
Cash15.4M24.2M176.9M77.8M36.7M33.4M
Non Current Assets Total1.1M2.9M15.5M66.0M60.2M30.5M
Non Currrent Assets Other12.4M84K167K168K3.5M3.3M
Other Assets84K167K3.2M3.7M4.2M4.4M
Cash And Short Term Investments15.4M63.8M225.3M126.2M55.9M48.7M
Common Stock Total Equity4.1M1K2K3K2.7K2.6K
Common Stock Shares Outstanding7.0M17.0M28.9M30.0M32.6M34.3M
Short Term Investments12.4M39.5M48.4M48.4M19.1M18.2M
Liabilities And Stockholders Equity18.2M69.8M248.3M202.1M121.9M82.0M
Capital Surpluse103.6M189.8M436.2M456.2M524.6M550.8M
Inventory35K104K480K1.8M1.0M1.1M
Other Current Assets1.1M1.5M3.2M3.9M2.3M1.3M
Other Stockholder Equity103.6M120.1M436.2M456.2M480.9M505.0M
Total Liab5.7M6.3M18.6M69.7M64.8M68.0M
Property Plant And Equipment Gross977K2.7M12.3M6.4M60.5M63.5M
Total Current Assets17.2M66.9M232.8M136.0M61.8M51.8M
Accumulated Other Comprehensive Income(239K)(1K)(124K)(774K)178K186.9K
Common Stock4.1M1K2K3K2.7K2.6K
Property Plant Equipment977K2.7M12.3M6.4M7.3M7.7M
Net Debt(15.4M)(23.9M)(169.0M)(21.9M)17.7M18.5M
Net Invested Capital12.5M63.5M229.7M132.4M57.2M101.0M
Net Working Capital11.4M61.5M220.6M120.4M48.3M72.5M

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When determining whether DermTech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DermTech Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dermtech Stock. Highlighted below are key reports to facilitate an investment decision about Dermtech Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DermTech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy DermTech Stock please use our How to buy in DermTech Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running DermTech's price analysis, check to measure DermTech'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 DermTech is operating at the current time. Most of DermTech's value examination focuses on studying past and present price action to predict the probability of DermTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DermTech's price. Additionally, you may evaluate how the addition of DermTech to your portfolios can decrease your overall portfolio volatility.
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Is DermTech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DermTech. If investors know DermTech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DermTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.09)
Revenue Per Share
0.465
Quarterly Revenue Growth
0.106
Return On Assets
(0.39)
Return On Equity
(1.22)
The market value of DermTech is measured differently than its book value, which is the value of DermTech that is recorded on the company's balance sheet. Investors also form their own opinion of DermTech's value that differs from its market value or its book value, called intrinsic value, which is DermTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DermTech's market value can be influenced by many factors that don't directly affect DermTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DermTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if DermTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DermTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.