Redhill Non Current Liabilities Total vs Common Stock Shares Outstanding Analysis

RDHL Stock  USD 0.46  0.01  2.22%   
Redhill Biopharma financial indicator trend analysis is much more than just breaking down Redhill Biopharma prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redhill Biopharma is a good investment. Please check the relationship between Redhill Biopharma Non Current Liabilities Total and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redhill Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Redhill Stock please use our How to buy in Redhill Stock guide.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redhill Biopharma Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Redhill Biopharma's Non Current Liabilities Total and Common Stock Shares Outstanding is -0.06. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Redhill Biopharma, assuming nothing else is changed. The correlation between historical values of Redhill Biopharma's Non Current Liabilities Total and Common Stock Shares Outstanding 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 Redhill Biopharma are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Redhill Biopharma's Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Redhill Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redhill Biopharma 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 Redhill Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Redhill Stock please use our How to buy in Redhill Stock guide.The value of Selling General Administrative is expected to slide to about 18.4 M. The value of Issuance Of Capital Stock is estimated to slide to about 13.3 M

Redhill Biopharma fundamental ratios Correlations

0.670.750.60.870.530.48-0.130.00.220.910.280.95-0.220.56-0.240.830.76-0.560.940.510.50.320.910.540.81
0.670.980.450.40.040.520.21-0.30.250.85-0.040.70.140.55-0.760.80.88-0.730.660.290.65-0.180.840.550.31
0.750.980.490.490.110.530.14-0.310.240.910.010.790.060.59-0.730.880.92-0.710.750.320.65-0.140.90.550.42
0.60.450.490.610.390.410.3-0.46-0.130.63-0.130.670.250.61-0.360.540.5-0.540.670.590.67-0.070.630.490.64
0.870.40.490.610.40.570.120.030.070.74-0.010.850.040.67-0.10.680.58-0.620.870.60.610.250.760.670.9
0.530.040.110.390.40.05-0.370.26-0.070.230.410.32-0.41-0.010.460.2-0.08-0.010.320.08-0.140.80.220.10.33
0.480.520.530.410.570.050.65-0.28-0.230.53-0.50.530.580.88-0.380.680.49-0.90.530.10.79-0.170.530.940.39
-0.130.210.140.30.12-0.370.65-0.36-0.210.04-0.93-0.020.990.66-0.390.160.11-0.71-0.020.010.75-0.490.050.7-0.06
0.0-0.3-0.31-0.460.030.26-0.28-0.360.6-0.310.32-0.26-0.35-0.420.73-0.32-0.40.29-0.26-0.26-0.510.78-0.31-0.16-0.21
0.220.250.24-0.130.07-0.07-0.23-0.210.60.150.230.11-0.22-0.140.050.090.210.040.080.02-0.090.310.14-0.1-0.08
0.910.850.910.630.740.230.530.04-0.310.150.130.96-0.050.65-0.610.910.94-0.670.950.560.67-0.061.00.560.75
0.28-0.040.01-0.13-0.010.41-0.5-0.930.320.230.130.17-0.95-0.510.280.00.050.520.170.03-0.610.490.12-0.540.16
0.950.70.790.670.850.320.53-0.02-0.260.110.960.17-0.110.68-0.450.890.87-0.61.00.590.630.030.960.550.87
-0.220.140.060.250.04-0.410.580.99-0.35-0.22-0.05-0.95-0.110.59-0.350.070.03-0.64-0.11-0.020.69-0.51-0.050.63-0.13
0.560.550.590.610.67-0.010.880.66-0.42-0.140.65-0.510.680.59-0.50.80.63-0.90.680.220.9-0.30.650.910.55
-0.24-0.76-0.73-0.36-0.10.46-0.38-0.390.730.05-0.610.28-0.45-0.35-0.5-0.56-0.790.55-0.43-0.34-0.680.76-0.62-0.33-0.2
0.830.80.880.540.680.20.680.16-0.320.090.910.00.890.070.8-0.560.87-0.740.880.220.67-0.090.890.690.61
0.760.880.920.50.58-0.080.490.11-0.40.210.940.050.870.030.63-0.790.87-0.650.850.510.69-0.320.950.490.62
-0.56-0.73-0.71-0.54-0.62-0.01-0.9-0.710.290.04-0.670.52-0.6-0.64-0.90.55-0.74-0.65-0.59-0.23-0.920.22-0.67-0.96-0.4
0.940.660.750.670.870.320.53-0.02-0.260.080.950.171.0-0.110.68-0.430.880.85-0.590.610.630.030.950.550.9
0.510.290.320.590.60.080.10.01-0.260.020.560.030.59-0.020.22-0.340.220.51-0.230.610.47-0.110.590.140.75
0.50.650.650.670.61-0.140.790.75-0.51-0.090.67-0.610.630.690.9-0.680.670.69-0.920.630.47-0.440.680.840.52
0.32-0.18-0.14-0.070.250.8-0.17-0.490.780.31-0.060.490.03-0.51-0.30.76-0.09-0.320.220.03-0.11-0.44-0.08-0.080.07
0.910.840.90.630.760.220.530.05-0.310.141.00.120.96-0.050.65-0.620.890.95-0.670.950.590.68-0.080.550.77
0.540.550.550.490.670.10.940.7-0.16-0.10.56-0.540.550.630.91-0.330.690.49-0.960.550.140.84-0.080.550.41
0.810.310.420.640.90.330.39-0.06-0.21-0.080.750.160.87-0.130.55-0.20.610.62-0.40.90.750.520.070.770.41
Click cells to compare fundamentals

Redhill Biopharma Account Relationship Matchups

Redhill Biopharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.1M180.2M181.2M158.9M23.0M21.9M
Other Current Liab107K18.3M30.9M77.0M15.2M12.9M
Total Current Liabilities10.6M73.2M81.5M197.5M19.2M33.1M
Other Liab844K500K7.9M4.6M5.3M2.8M
Accounts Payable4.2M11.6M11.7M4.2M3.3M4.2M
Cash29.0M29.3M29.5M20.0M6.4M6.0M
Common Stock Shares Outstanding742.3K910.7K1.2M1.5M6.5M6.8M
Short Term Investments29.8M24.2M18.8M498K8.5M0.0
Other Current Assets2.2M5.5M3.8M19.6M797.0K757.2K
Total Liab14.1M166.4M172.3M207.3M21.0M19.9M
Intangible Assets16.9M87.9M71.6M65.6M5.6M5.3M
Common Stock962K1.1M1.5M2.8M21.4M22.5M
Property Plant Equipment163K3.8M5.7M4.2M4.9M5.1M
Total Stockholder Equity60.0M13.9M8.9M(48.4M)2.1M2.0M
Property Plant And Equipment Net3.8M5.7M4.2M7.2M1.2M2.0M
Net Debt(25.2M)57.6M58.3M102.7M(5.2M)(4.9M)
Retained Earnings(208.4M)(280.3M)(367.9M)(433.9M)(407.7M)(387.4M)
Non Current Assets Total20.9M109.7M92.0M73.0M6.9M6.6M
Non Currrent Assets Other(20.7M)16.2M16.2M150K147K139.7K
Cash And Short Term Investments47.9M29.8M38.0M20.0M6.4M6.0M
Net Receivables1.2M28.7M32.5M35.4M3.3M3.1M
Common Stock Total Equity575K767K962K1.1M1.2M1.3M
Liabilities And Stockholders Equity74.1M180.2M181.2M158.9M23.0M21.9M
Non Current Liabilities Total3.5M93.1M90.8M9.8M1.7M1.6M
Inventory1.9M6.5M14.8M11.0M5.7M6.0M
Other Stockholder Equity267.4M293.1M375.2M382.6M388.4M217.0M
Property Plant And Equipment Gross3.8M5.7M5.0M8.3M2.4M2.2M
Total Current Assets53.2M70.5M89.2M85.9M16.1M15.3M
Net Tangible Assets45.9M43.1M(74.0M)(62.8M)(56.5M)(53.7M)
Net Invested Capital60.0M95.3M92.5M66.8M2.1M2.0M
Net Working Capital42.6M(2.7M)7.7M(111.6M)(3.1M)(2.9M)
Capital Stock962K1.1M1.5M2.8M21.4M22.5M

Currently Active Assets on Macroaxis

When determining whether Redhill Biopharma is a strong investment it is important to analyze Redhill Biopharma'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 Redhill Biopharma's future performance. For an informed investment choice regarding Redhill Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redhill Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Redhill Stock please use our How to buy in Redhill Stock guide.
Note that the Redhill Biopharma information on this page should be used as a complementary analysis to other Redhill Biopharma'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Redhill Biopharma'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 Redhill Biopharma. If investors know Redhill 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 Redhill Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
4
Revenue Per Share
1.008
Quarterly Revenue Growth
(0.96)
Return On Assets
(0.16)
Return On Equity
(8.84)
The market value of Redhill Biopharma is measured differently than its book value, which is the value of Redhill that is recorded on the company's balance sheet. Investors also form their own opinion of Redhill Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Redhill Biopharma'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 Redhill Biopharma's market value can be influenced by many factors that don't directly affect Redhill Biopharma'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 Redhill Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redhill Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redhill Biopharma'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.