Soligenix Intangible Assets vs Other Current Liab Analysis

SNGX Stock  USD 0.39  0.03  8.33%   
Soligenix financial indicator trend analysis is much more than just breaking down Soligenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soligenix is a good investment. Please check the relationship between Soligenix Intangible Assets and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. 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.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.

Intangible Assets vs Other Current Liab

Intangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soligenix Intangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Soligenix's Intangible Assets and Other Current Liab is -0.1. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Intangible Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Soligenix are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Intangible Assets i.e., Soligenix's Intangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Current Liab

Most indicators from Soligenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soligenix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. 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.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to rise to about (1.1 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit95.6K398.1K90.8K86.2K
Total Revenue824.3K948.9K839.4K797.4K

Soligenix fundamental ratios Correlations

0.350.460.32-0.81-0.651.0-0.211.00.420.260.70.80.451.0-0.40.590.390.350.86-0.340.750.22-0.170.280.88
0.35-0.570.470.04-0.540.34-0.120.340.470.170.560.780.480.36-0.290.140.420.680.07-0.310.520.60.380.080.11
0.46-0.57-0.32-0.78-0.10.47-0.110.47-0.220.00.17-0.16-0.170.46-0.040.2-0.12-0.270.42-0.170.0-0.44-0.42-0.010.4
0.320.47-0.320.16-0.450.35-0.230.350.620.660.30.540.950.31-0.57-0.130.420.170.310.470.540.040.020.820.37
-0.810.04-0.780.160.42-0.790.27-0.79-0.08-0.06-0.52-0.38-0.02-0.820.27-0.54-0.27-0.1-0.660.38-0.29-0.110.38-0.02-0.64
-0.65-0.54-0.1-0.450.42-0.610.31-0.62-0.72-0.66-0.9-0.63-0.57-0.640.48-0.23-0.34-0.42-0.360.36-0.46-0.230.01-0.18-0.39
1.00.340.470.35-0.79-0.61-0.211.00.390.250.670.80.481.0-0.420.560.40.320.87-0.30.770.19-0.170.330.89
-0.21-0.12-0.11-0.230.270.31-0.21-0.22-0.22-0.26-0.26-0.15-0.24-0.240.91-0.1-0.84-0.3-0.09-0.20.26-0.070.78-0.3-0.1
1.00.340.470.35-0.79-0.621.0-0.220.40.270.670.790.491.0-0.420.560.40.320.87-0.290.770.19-0.180.340.89
0.420.47-0.220.62-0.08-0.720.39-0.220.40.790.450.570.710.41-0.440.350.390.420.350.090.430.3-0.050.460.39
0.260.170.00.66-0.06-0.660.25-0.260.270.790.390.240.780.25-0.46-0.10.27-0.080.180.370.240.01-0.090.650.22
0.70.560.170.3-0.52-0.90.67-0.260.670.450.390.670.40.71-0.410.310.310.450.41-0.510.490.24-0.010.020.42
0.80.78-0.160.54-0.38-0.630.8-0.150.790.570.240.670.590.8-0.410.530.510.580.68-0.290.840.550.10.30.7
0.450.48-0.170.95-0.02-0.570.48-0.240.490.710.780.40.590.45-0.57-0.050.410.190.370.410.590.050.030.830.43
1.00.360.460.31-0.82-0.641.0-0.241.00.410.250.710.80.45-0.430.590.420.360.86-0.340.730.23-0.20.280.87
-0.4-0.29-0.04-0.570.270.48-0.420.91-0.42-0.44-0.46-0.41-0.41-0.57-0.43-0.14-0.88-0.34-0.31-0.29-0.07-0.10.67-0.58-0.33
0.590.140.2-0.13-0.54-0.230.56-0.10.560.35-0.10.310.53-0.050.59-0.140.310.480.68-0.30.340.41-0.34-0.070.66
0.390.42-0.120.42-0.27-0.340.4-0.840.40.390.270.310.510.410.42-0.880.310.370.320.20.080.48-0.610.430.33
0.350.68-0.270.17-0.1-0.420.32-0.30.320.42-0.080.450.580.190.36-0.340.480.370.12-0.410.260.23-0.04-0.150.14
0.860.070.420.31-0.66-0.360.87-0.090.870.350.180.410.680.370.86-0.310.680.320.12-0.10.720.17-0.290.381.0
-0.34-0.31-0.170.470.380.36-0.3-0.2-0.290.090.37-0.51-0.290.41-0.34-0.29-0.30.2-0.41-0.1-0.23-0.23-0.310.74-0.09
0.750.520.00.54-0.29-0.460.770.260.770.430.240.490.840.590.73-0.070.340.080.260.72-0.230.240.360.360.75
0.220.6-0.440.04-0.11-0.230.19-0.070.190.30.010.240.550.050.23-0.10.410.480.230.17-0.230.240.14-0.10.16
-0.170.38-0.420.020.380.01-0.170.78-0.18-0.05-0.09-0.010.10.03-0.20.67-0.34-0.61-0.04-0.29-0.310.360.14-0.24-0.27
0.280.08-0.010.82-0.02-0.180.33-0.30.340.460.650.020.30.830.28-0.58-0.070.43-0.150.380.740.36-0.1-0.240.42
0.880.110.40.37-0.64-0.390.89-0.10.890.390.220.420.70.430.87-0.330.660.330.141.0-0.090.750.16-0.270.42
Click cells to compare fundamentals

Soligenix Account Relationship Matchups

Soligenix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8M19.9M26.9M14.3M9.8M10.0M
Total Current Liabilities6.3M6.1M6.3M16.5M6.2M3.9M
Total Stockholder Equity1.5M3.7M10.7M(2.5M)2.5M3.4M
Property Plant And Equipment Net161.5K251.5K128.4K359.5K241.8K253.8K
Net Debt(5.3M)(8.2M)(16.1M)(3.1M)(5.0M)(5.2M)
Retained Earnings(175.5M)(193.2M)(205.8M)(219.6M)(225.7M)(214.4M)
Cash5.4M18.7M26.0M13.4M8.4M7.9M
Non Current Assets Total282.0K424.2K300.4K426.6K290.0K275.5K
Cash And Short Term Investments5.4M18.7M26.0M13.4M8.4M8.4M
Common Stock Total Equity8.7K17.7K21.8K30.6K35.2K50.0K
Common Stock Shares Outstanding1.3M1.8M2.7M2.9M7.8M8.1M
Liabilities And Stockholders Equity7.8M19.9M26.9M14.3M9.8M10.0M
Other Stockholder Equity177.0M196.9M216.4M217.1M228.2M127.1M
Total Liab6.3M16.1M16.1M16.8M7.3M5.2M
Property Plant And Equipment Gross161.5K251.5K296.2K474.2K363.1K381.2K
Total Current Assets7.5M19.5M26.6M13.9M9.5M9.1M
Intangible Assets46.9K19.7K23.3K7.8K7.0K6.6K
Common Stock21.8K30.6K42.9K2.9K10.4K10.9K
Non Currrent Assets Other100.8K172.7K172.0K43.0K22.8K21.6K
Accumulated Other Comprehensive Income(45.0K)(24.3K)41.9K24.7K22.2K23.4K
Accounts Payable2.7M2.1M2.9M3.9M1.1M1.8M
Non Current Liabilities Total6.1K10.1M9.9M233.7K1.1M1.1M
Other Current Assets609.7K225.5K282.9K274.2K866.0K909.3K
Other Current Liab3.5M3.5M3.3M2.6M2.7M1.9M
Other Assets82.5K62.1K149.4K172.0K197.8K207.7K
Property Plant Equipment19.6K161.5K251.5K128.4K115.5K75.0K
Net Receivables1.5M564.9K242.7K219.3K195.1K185.4K
Retained Earnings Total Equity(157.3M)(166.2M)(175.5M)(193.2M)(173.9M)(182.6M)
Deferred Long Term Liab59.8K39.3K53.5K20.3K23.3K17.3K
Net Tangible Assets6.2M1.4M3.7M10.7M12.3M12.9M
Capital Surpluse163.6M172.4M177.0M196.9M226.5M176.5M
Net Invested Capital1.5M14.0M20.6M7.4M5.8M9.7M
Net Working Capital1.2M13.4M20.3M(2.7M)3.4M5.5M
Capital Stock21.8K30.6K42.9K2.9K10.4K16.8K

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When determining whether Soligenix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Soligenix's 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 Soligenix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Soligenix Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. 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.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.
Note that the Soligenix information on this page should be used as a complementary analysis to other Soligenix'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Soligenix'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 Soligenix. If investors know Soligenix 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 Soligenix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.79)
Revenue Per Share
0.108
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.40)
Return On Equity
(237.84)
The market value of Soligenix is measured differently than its book value, which is the value of Soligenix that is recorded on the company's balance sheet. Investors also form their own opinion of Soligenix's value that differs from its market value or its book value, called intrinsic value, which is Soligenix'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 Soligenix's market value can be influenced by many factors that don't directly affect Soligenix'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 Soligenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soligenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soligenix'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.