Redhill Selling General Administrative vs Other Operating Expenses Analysis

RDHL Stock  USD 0.43  0.01  2.38%   
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 Selling General Administrative and its Other Operating Expenses 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.

Selling General Administrative vs Other Operating Expenses

Selling General Administrative vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redhill Biopharma Selling General Administrative account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Redhill Biopharma's Selling General Administrative and Other Operating Expenses is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Other Operating Expenses 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 Selling General Administrative and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Redhill Biopharma are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling General Administrative i.e., Redhill Biopharma's Selling General Administrative and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Redhill Biopharma. It is also known as Redhill Biopharma overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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
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 Redhill Biopharma 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, Redhill Biopharma's short interest history, or implied volatility extrapolated from Redhill Biopharma options trading.

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 Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Redhill Biopharma's price analysis, check to measure Redhill Biopharma'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 Redhill Biopharma is operating at the current time. Most of Redhill Biopharma's value examination focuses on studying past and present price action to predict the probability of Redhill Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redhill Biopharma's price. Additionally, you may evaluate how the addition of Redhill Biopharma to your portfolios can decrease your overall portfolio volatility.
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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.