Journey Short Long Term Debt vs Accounts Payable 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 Short Long Term Debt and its Accounts Payable 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.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Journey Medical Corp Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Journey Medical's Short Long Term Debt and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Journey Medical Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Journey Medical's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Accounts Payable
An accounting item on the balance sheet that represents Journey Medical obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Journey Medical Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Journey Medical Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Journey Stock analysis
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.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Transaction History View history of all your transactions and understand their impact on performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
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.