Protalix Common Stock vs Cash And Short Term Investments Analysis

PLX Stock  USD 1.16  0.02  1.75%   
Protalix Biotherapeutics financial indicator trend analysis is much more than just breaking down Protalix Biotherapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protalix Biotherapeutics is a good investment. Please check the relationship between Protalix Biotherapeutics Common Stock and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protalix Biotherapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Protalix Stock please use our How to Invest in Protalix Biotherapeutics guide.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protalix Biotherapeutics Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Protalix Biotherapeutics' Common Stock and Cash And Short Term Investments is 0.63. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Protalix Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Protalix Biotherapeutics' Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Protalix Biotherapeutics are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Protalix Biotherapeutics' Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Protalix Biotherapeutics balance sheet. This account contains Protalix Biotherapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Protalix Biotherapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Protalix Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protalix Biotherapeutics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protalix Biotherapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Protalix Stock please use our How to Invest in Protalix Biotherapeutics guide.At this time, Protalix Biotherapeutics' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 24.9 M in 2024, despite the fact that Selling General Administrative is likely to grow to (24.2 M).
 2021 2022 2023 2024 (projected)
Total Revenue38.4M47.6M65.5M68.8M
Depreciation And Amortization401K2.2M1.2M1.7M

Protalix Biotherapeutics fundamental ratios Correlations

0.030.19-0.240.850.570.95-0.030.00.45-0.610.620.990.60.040.46-0.22-0.160.50.410.480.560.090.020.380.23
0.030.430.16-0.240.32-0.140.530.54-0.3-0.27-0.05-0.02-0.020.170.33-0.430.1-0.450.30.25-0.390.130.52-0.29-0.13
0.190.430.56-0.10.190.090.050.39-0.43-0.460.160.180.320.020.13-0.56-0.2-0.10.350.64-0.080.150.42-0.27-0.35
-0.240.160.56-0.38-0.36-0.290.130.15-0.19-0.360.14-0.19-0.05-0.35-0.44-0.45-0.31-0.30.320.16-0.31-0.10.15-0.08-0.58
0.85-0.24-0.1-0.380.340.95-0.32-0.310.63-0.370.620.870.66-0.050.310.15-0.120.690.150.360.66-0.05-0.270.560.34
0.570.320.19-0.360.340.410.420.050.31-0.270.460.430.62-0.110.97-0.250.470.180.220.240.220.670.010.20.6
0.95-0.140.09-0.290.950.41-0.27-0.160.5-0.460.60.960.650.050.340.02-0.180.620.260.510.63-0.04-0.140.390.24
-0.030.530.050.13-0.320.42-0.270.460.04-0.320.07-0.12-0.08-0.110.36-0.620.36-0.130.39-0.28-0.020.540.220.030.11
0.00.540.390.15-0.310.05-0.160.46-0.57-0.42-0.370.0-0.330.610.04-0.7-0.25-0.330.65-0.01-0.2-0.040.72-0.5-0.49
0.45-0.3-0.43-0.190.630.310.50.04-0.57-0.210.820.430.48-0.680.270.110.110.550.02-0.070.490.19-0.510.780.69
-0.61-0.27-0.46-0.36-0.37-0.27-0.46-0.32-0.42-0.21-0.52-0.62-0.310.07-0.140.780.49-0.14-0.73-0.24-0.22-0.02-0.25-0.370.22
0.62-0.050.160.140.620.460.60.07-0.370.82-0.520.590.73-0.720.38-0.24-0.010.530.250.320.490.31-0.290.680.53
0.99-0.020.18-0.190.870.430.96-0.120.00.43-0.620.590.540.070.32-0.19-0.270.520.410.490.57-0.030.030.380.13
0.6-0.020.32-0.050.660.620.65-0.08-0.330.48-0.310.730.54-0.350.62-0.030.230.570.170.440.490.38-0.330.410.43
0.040.170.02-0.35-0.05-0.110.05-0.110.61-0.680.07-0.720.07-0.35-0.060.03-0.17-0.220.150.03-0.13-0.330.45-0.6-0.49
0.460.330.13-0.440.310.970.340.360.040.27-0.140.380.320.62-0.06-0.140.530.150.130.220.160.67-0.020.130.63
-0.22-0.43-0.56-0.450.15-0.250.02-0.62-0.70.110.78-0.24-0.19-0.030.03-0.140.250.07-0.79-0.01-0.04-0.3-0.57-0.050.25
-0.160.1-0.2-0.31-0.120.47-0.180.36-0.250.110.49-0.01-0.270.23-0.170.530.250.1-0.33-0.060.070.76-0.180.020.51
0.5-0.45-0.1-0.30.690.180.62-0.13-0.330.55-0.140.530.520.57-0.220.150.070.10.080.090.980.16-0.440.480.46
0.410.30.350.320.150.220.260.390.650.02-0.730.250.410.170.150.13-0.79-0.330.08-0.080.180.030.470.05-0.29
0.480.250.640.160.360.240.51-0.28-0.01-0.07-0.240.320.490.440.030.22-0.01-0.060.09-0.080.070.040.05-0.18-0.04
0.56-0.39-0.08-0.310.660.220.63-0.02-0.20.49-0.220.490.570.49-0.130.16-0.040.070.980.180.070.16-0.360.450.4
0.090.130.15-0.1-0.050.67-0.040.54-0.040.19-0.020.31-0.030.38-0.330.67-0.30.760.160.030.040.160.080.220.5
0.020.520.420.15-0.270.01-0.140.220.72-0.51-0.25-0.290.03-0.330.45-0.02-0.57-0.18-0.440.470.05-0.360.08-0.31-0.42
0.38-0.29-0.27-0.080.560.20.390.03-0.50.78-0.370.680.380.41-0.60.13-0.050.020.480.05-0.180.450.22-0.310.41
0.23-0.13-0.35-0.580.340.60.240.11-0.490.690.220.530.130.43-0.490.630.250.510.46-0.29-0.040.40.5-0.420.41
Click cells to compare fundamentals

Protalix Biotherapeutics Account Relationship Matchups

Protalix Biotherapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.4M67.9M73.7M55.8M84.4M51.0M
Other Current Liab11.9M13.9M16.4M12.3M16.7M17.5M
Total Current Liabilities40.2M86.5M33.2M32.4M45.5M47.8M
Net Debt43.1M46.1M(5.5M)16.4M2.6M2.8M
Cash17.8M18.3M39.0M17.1M23.6M31.8M
Non Current Assets Total12.9M12.2M12.0M10.9M14.5M9.6M
Cash And Short Term Investments17.8M38.5M39.0M22.2M44.6M33.7M
Net Receivables4.7M2M3.4M4.6M5.3M3.1M
Common Stock Shares Outstanding14.8M29.1M44.1M48.5M82.4M86.5M
Liabilities And Stockholders Equity45.4M67.9M73.7M55.8M84.4M51.0M
Non Current Liabilities Total75.5M8.5M46.5M34.0M5.3M5.1M
Other Current Assets698K2.1M1.3M536K1.1M1.6M
Total Liab115.7M95.0M79.7M66.4M50.9M56.1M
Total Current Assets32.5M55.7M61.7M44.9M69.9M42.5M
Short Long Term Debt Total60.9M64.4M33.5M33.5M26.3M51.0M
Total Stockholder Equity(70.3M)(27.0M)(6.0M)(10.6M)33.6M35.2M
Property Plant And Equipment Net11.0M10.4M9.9M9.6M10.9M10.5M
Retained Earnings(340.8M)(347.4M)(374.9M)(389.9M)(381.5M)(362.5M)
Non Currrent Assets Other2.0M1.8M2.1M1.3M528.0K501.6K
Common Stock Total Equity144K148K15K35K40.3K62.7K
Other Stockholder Equity270.5M320.3M368.9M379.2M415.0M435.8M
Short Term Debt5.4M59.9M1.2M1.1M21.7M18.4M
Common Stock15K35K46K54K73K62.8K
Accounts Payable6.5M7.2M7.0M5.9M4.3M4.3M
Short Term Investments26K20.3M39.0M5.1M20.9M22.0M
Other Assets2.0M7.4K2.1M1.3M1.00.95
Other Liab20.1M4.0M14.3M1.6M1.5M1.4M
Property Plant Equipment5.3M10.4M9.9M9.6M8.7M8.1M
Current Deferred Revenue16.3M5.4M8.6M13.2M2.9M2.7M
Inventory8.2M13.1M18.0M16.8M19.0M9.6M
Net Tangible Assets(70.3M)(27.0M)(6.0M)(10.6M)(9.6M)(10.1M)
Long Term Debt51.0M51K27.9M28.2M25.4M28.8M
Capital Surpluse270.5M320.3M368.9M379.2M436.0M272.0M
Non Current Liabilities Other5.1M5.3M75.5M51K45.9K43.6K
Long Term Debt Total51.5M51K27.9M28.2M25.4M28.3M
Net Invested Capital(15.1M)31.5M21.9M17.5M53.8M56.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Protalix Biotherapeutics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Protalix Biotherapeutics' short interest history, or implied volatility extrapolated from Protalix Biotherapeutics options trading.

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When determining whether Protalix Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Protalix Biotherapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Protalix Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Protalix Biotherapeutics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protalix Biotherapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Protalix Stock please use our How to Invest in Protalix Biotherapeutics guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Protalix Biotherapeutics' price analysis, check to measure Protalix Biotherapeutics' 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 Protalix Biotherapeutics is operating at the current time. Most of Protalix Biotherapeutics' value examination focuses on studying past and present price action to predict the probability of Protalix Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protalix Biotherapeutics' price. Additionally, you may evaluate how the addition of Protalix Biotherapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Protalix Biotherapeutics' 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 Protalix Biotherapeutics. If investors know Protalix 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 Protalix Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Earnings Share
0.09
Revenue Per Share
0.97
Quarterly Revenue Growth
0.217
Return On Assets
0.0933
The market value of Protalix Biotherapeutics is measured differently than its book value, which is the value of Protalix that is recorded on the company's balance sheet. Investors also form their own opinion of Protalix Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Protalix Biotherapeutics' 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 Protalix Biotherapeutics' market value can be influenced by many factors that don't directly affect Protalix Biotherapeutics' 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 Protalix Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Protalix Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Protalix Biotherapeutics' 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.