Journey Net Invested Capital vs Total Assets Analysis
DERM Stock | USD 3.90 0.10 2.63% |
Journey Medical financial indicator trend analysis is infinitely more than just investigating Journey Medical Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Journey Medical Corp is a good investment. Please check the relationship between Journey Medical Net Invested Capital and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Journey Medical Corp Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Journey Medical's Net Invested Capital and Total Assets is -0.47. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Journey Medical Corp, assuming nothing else is changed. The correlation between historical values of Journey Medical's Net Invested Capital and Total Assets 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 Invested Capital of Journey Medical Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Journey Medical's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Assets
Total assets refers to the total amount of Journey Medical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Journey Medical Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Journey Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Journey Medical Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Journey Medical's Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 3.97, while Tax Provision is likely to drop about 102.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 2.0M | 1.7M | 1.6M | Depreciation And Amortization | 2K | 60K | 3.9M | 4.0M |
Journey Medical fundamental ratios Correlations
Click cells to compare fundamentals
Journey Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Journey Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.9M | 51.9M | 97.3M | 105.2M | 76.8M | 73.0M | |
Short Long Term Debt Total | 5.3M | 5.4M | 910K | 23.0M | 17.7M | 16.8M | |
Other Current Liab | 18.8M | 4.5M | 4.5M | 22.2M | 20.4M | 20.8M | |
Total Current Liabilities | 20.9M | 28.1M | 51.6M | 66.8M | 41.9M | 46.9M | |
Total Stockholder Equity | 2.8M | 10.3M | 42.0M | 17.0M | 20.4M | 19.3M | |
Property Plant And Equipment Net | 1.2M | 89K | 175K | 189K | 101K | 96.0K | |
Net Debt | 502K | (2.8M) | (48.2M) | (9.0M) | (9.7M) | (10.2M) | |
Retained Earnings | (163K) | 5.1M | (38.9M) | (68.5M) | (72.4M) | (76.0M) | |
Accounts Payable | 2.0M | 1.8M | 22.8M | 36.6M | 18.3M | 15.5M | |
Cash | 4.8M | 8.2M | 49.1M | 32.0M | 27.4M | 26.1M | |
Non Current Assets Total | 8.6M | 16.7M | 12.8M | 27.5M | 20.4M | 16.4M | |
Non Currrent Assets Other | 656K | 3.0M | 6K | 150K | 95K | 5.7K | |
Cash And Short Term Investments | 4.8M | 8.2M | 49.1M | 32.0M | 27.4M | 26.1M | |
Net Receivables | 19.0M | 23.9M | 23.1M | 28.2M | 15.2M | 17.6M | |
Liabilities And Stockholders Equity | 33.9M | 51.9M | 97.3M | 105.2M | 76.8M | 73.0M | |
Non Current Liabilities Total | 10.2M | 13.6M | 3.6M | 21.3M | 14.6M | 13.9M | |
Other Current Assets | 655K | 1.7M | 2.4M | 3.3M | 3.6M | 3.2M | |
Other Stockholder Equity | 2.9M | 5.2M | 80.9M | 85.5M | 92.7M | 88.1M | |
Total Liab | 31.1M | 41.6M | 55.2M | 88.2M | 56.5M | 93.1M | |
Total Current Assets | 25.3M | 35.2M | 84.5M | 77.7M | 56.5M | 53.6M | |
Intangible Assets | 7.4M | 15.0M | 12.6M | 27.2M | 20.3M | 21.3M | |
Inventory | 857K | 1.4M | 9.9M | 14.2M | 10.2M | 8.2M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Journey Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Journey Medical's price analysis, check to measure Journey Medical'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 Journey Medical is operating at the current time. Most of Journey Medical's value examination focuses on studying past and present price action to predict the probability of Journey Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Journey Medical's price. Additionally, you may evaluate how the addition of Journey Medical to your portfolios can decrease your overall portfolio volatility.
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Is Journey Medical'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 Journey Medical. If investors know Journey 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 Journey Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 4.273 | Quarterly Revenue Growth 0.067 | Return On Assets 0.0042 | Return On Equity (0.41) |
The market value of Journey Medical Corp is measured differently than its book value, which is the value of Journey that is recorded on the company's balance sheet. Investors also form their own opinion of Journey Medical's value that differs from its market value or its book value, called intrinsic value, which is Journey Medical'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 Journey Medical's market value can be influenced by many factors that don't directly affect Journey Medical'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 Journey Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Journey Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Journey Medical'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.