FSD Net Tangible Assets vs Inventory Analysis

HUGE Stock  USD 0.32  0.01  3.03%   
FSD Pharma financial indicator trend analysis is much more than just examining FSD Pharma Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FSD Pharma Class is a good investment. Please check the relationship between FSD Pharma Net Tangible Assets and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FSD Pharma Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Net Tangible Assets vs Inventory

Net Tangible Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FSD Pharma Class Net Tangible Assets account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FSD Pharma's Net Tangible Assets and Inventory is -0.32. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of FSD Pharma Class, assuming nothing else is changed. The correlation between historical values of FSD Pharma's Net Tangible Assets and Inventory 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 Tangible Assets of FSD Pharma Class are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Tangible Assets i.e., FSD Pharma's Net Tangible Assets and Inventory go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Inventory

Most indicators from FSD Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FSD Pharma Class 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FSD Pharma Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
The current year's Sales General And Administrative To Revenue is expected to grow to 183.55, whereas Discontinued Operations is forecasted to decline to (1.3 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization4.1M5.0M2.6M3.5M
Interest Income1.3K367.7K932.6K886.0K

FSD Pharma fundamental ratios Correlations

0.20.520.980.65-0.580.760.880.030.670.750.480.060.180.130.680.70.510.450.360.890.410.760.730.080.69
0.20.760.040.17-0.490.31-0.10.540.20.270.30.37-0.250.44-0.210.290.76-0.050.04-0.010.050.260.28-0.080.05
0.520.760.340.01-0.450.460.270.220.210.260.20.06-0.340.530.260.31.0-0.10.080.340.140.490.3-0.130.07
0.980.040.340.71-0.540.720.9-0.010.690.770.490.050.270.020.680.710.330.510.380.90.410.730.740.120.74
0.650.170.010.71-0.720.610.60.420.690.880.780.570.35-0.320.280.810.00.430.290.640.350.430.850.10.63
-0.58-0.49-0.45-0.54-0.72-0.75-0.47-0.62-0.4-0.87-0.91-0.710.310.14-0.36-0.93-0.440.130.04-0.61-0.08-0.27-0.940.38-0.22
0.760.310.460.720.61-0.750.570.220.550.820.560.32-0.10.170.540.810.460.190.340.650.40.440.770.080.5
0.88-0.10.270.90.6-0.470.57-0.20.440.60.48-0.060.22-0.210.810.580.260.250.120.970.190.550.66-0.050.45
0.030.540.22-0.010.42-0.620.22-0.20.30.50.570.91-0.21-0.01-0.20.490.21-0.11-0.090.0-0.050.090.47-0.290.05
0.670.20.210.690.69-0.40.550.440.30.680.420.260.590.090.180.590.190.560.360.460.360.860.570.350.71
0.750.270.260.770.88-0.870.820.60.50.680.830.590.0-0.110.430.980.240.270.220.70.290.480.96-0.130.6
0.480.30.20.490.78-0.910.560.480.570.420.830.74-0.15-0.340.280.90.19-0.14-0.170.58-0.050.230.93-0.40.17
0.060.370.060.050.57-0.710.32-0.060.910.260.590.74-0.21-0.24-0.060.610.06-0.19-0.10.14-0.02-0.040.61-0.280.0
0.18-0.25-0.340.270.350.31-0.10.22-0.210.590.0-0.15-0.21-0.19-0.06-0.14-0.350.630.350.110.270.49-0.090.660.45
0.130.440.530.02-0.320.140.17-0.21-0.010.09-0.11-0.34-0.24-0.19-0.18-0.130.540.230.25-0.20.120.23-0.210.310.25
0.68-0.210.260.680.28-0.360.540.81-0.20.180.430.28-0.06-0.06-0.180.430.25-0.06-0.090.87-0.020.350.49-0.260.13
0.70.290.30.710.81-0.930.810.580.490.590.980.90.61-0.14-0.130.430.290.080.080.690.170.410.99-0.250.45
0.510.761.00.330.0-0.440.460.260.210.190.240.190.06-0.350.540.250.29-0.110.090.330.140.470.29-0.120.07
0.45-0.05-0.10.510.430.130.190.25-0.110.560.27-0.14-0.190.630.23-0.060.08-0.110.780.170.680.470.080.670.92
0.360.040.080.380.290.040.340.12-0.090.360.22-0.17-0.10.350.25-0.090.080.090.780.060.980.260.050.760.75
0.89-0.010.340.90.64-0.610.650.970.00.460.70.580.140.11-0.20.870.690.330.170.060.130.560.76-0.170.41
0.410.050.140.410.35-0.080.40.19-0.050.360.29-0.05-0.020.270.12-0.020.170.140.680.980.130.260.150.650.69
0.760.260.490.730.43-0.270.440.550.090.860.480.23-0.040.490.230.350.410.470.470.260.560.260.420.220.58
0.730.280.30.740.85-0.940.770.660.470.570.960.930.61-0.09-0.210.490.990.290.080.050.760.150.42-0.270.42
0.08-0.08-0.130.120.10.380.08-0.05-0.290.35-0.13-0.4-0.280.660.31-0.26-0.25-0.120.670.76-0.170.650.22-0.270.5
0.690.050.070.740.63-0.220.50.450.050.710.60.170.00.450.250.130.450.070.920.750.410.690.580.420.5
Click cells to compare fundamentals

FSD Pharma Account Relationship Matchups

FSD Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.0M42.0M63.0M38.4M17.4M23.9M
Total Current Liabilities7.0M5.6M8.7M7.8M4.5M5.2M
Total Stockholder Equity36.9M36.3M54.1M30.5M13.2M18.6M
Net Tangible Assets51.0M19.5M22.9M37.9M43.6M45.8M
Retained Earnings(60.1M)(90.9M)(126.2M)(144.2M)(157.1M)(149.2M)
Accounts Payable3.4M3.7M3.0M2.8M3.2M1.8M
Cash6.1M17.5M35.3M17.0M2.7M2.6M
Non Current Assets Total35.3M15.1M17.0M20.6M6.4M6.0M
Cash And Short Term Investments6.1M17.5M35.4M17.0M3.5M3.3M
Net Receivables1.6M161.3K501.0K374.4K7.4M7.7M
Common Stock Total Equity10.3M68.1M98.0M103.2M118.7M124.6M
Common Stock Shares Outstanding7.1M12.0M34.9M38.7M39.6M41.6M
Liabilities And Stockholders Equity44.0M42.0M63.0M38.4M17.4M25.4M
Non Current Liabilities Total1.0M1.3M112.3K79.1K131.0K38.0K
Other Current Assets329.5K9.2M10.0M471.9K154.6K146.9K
Other Stockholder Equity22.1M23.8M27.7M30.6M30.1M31.6M
Total Liab7.1M5.7M8.8M7.9M4.5M5.3M
Long Term Investments11.8M1.7M660.2K827.6K6.0K5.7K
Total Current Assets8.7M26.9M45.9M17.9M11.0M11.1M
Accumulated Other Comprehensive Income(86.3K)207.8K239.6K652.6K3.1M3.3M
Common Stock75.0M103.2M152.3M143.4M137.1M143.9M
Property Plant Equipment8.3M12.1M9.0M168.3K193.6K183.9K
Net Debt(4.5M)(17.0M)(34.7M)(16.5M)(2.4M)(2.5M)
Property Plant And Equipment Net9.1M0.0168.3K260.9K119.8K113.8K
Net Invested Capital38.4M36.7M54.4M30.8M13.5M12.9M
Net Working Capital1.8M21.3M37.2M10.0M6.5M6.2M

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When determining whether FSD Pharma Class is a strong investment it is important to analyze FSD Pharma's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FSD Pharma's future performance. For an informed investment choice regarding FSD Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FSD Pharma Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the FSD Pharma Class information on this page should be used as a complementary analysis to other FSD Pharma's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is FSD Pharma'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 FSD Pharma. If investors know FSD 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 FSD Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.46)
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.43)
Return On Equity
(0.84)
The market value of FSD Pharma Class is measured differently than its book value, which is the value of FSD that is recorded on the company's balance sheet. Investors also form their own opinion of FSD Pharma's value that differs from its market value or its book value, called intrinsic value, which is FSD Pharma'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 FSD Pharma's market value can be influenced by many factors that don't directly affect FSD Pharma'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 FSD Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if FSD Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FSD Pharma'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.