Journey Total Stockholder Equity 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 Total Stockholder Equity 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity 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 Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Journey Medical's Total Stockholder Equity and Accounts Payable is -0.33. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., Journey Medical's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Expense7.0M2.0M1.7M1.6M
Depreciation And Amortization2K60K3.9M4.0M

Journey Medical fundamental ratios Correlations

0.780.620.490.480.92-0.180.2-0.830.050.9-0.110.550.99-0.590.310.660.120.80.590.880.780.980.47-0.620.87
0.780.530.410.290.89-0.050.34-0.820.140.63-0.510.580.84-0.140.190.890.370.690.790.950.680.850.35-0.480.72
0.620.530.9-0.160.67-0.240.3-0.60.380.75-0.62-0.070.69-0.17-0.140.740.710.720.470.650.830.720.740.060.2
0.490.410.9-0.230.53-0.240.21-0.460.670.64-0.64-0.20.550.07-0.150.670.750.580.450.540.720.60.790.30.02
0.480.29-0.16-0.230.28-0.36-0.6-0.03-0.330.310.490.220.4-0.330.35-0.1-0.54-0.120.120.19-0.170.360.16-0.670.66
0.920.890.670.530.28-0.070.43-0.90.130.74-0.350.530.93-0.360.240.850.390.840.820.960.830.950.46-0.490.76
-0.18-0.05-0.24-0.24-0.36-0.070.34-0.05-0.28-0.16-0.170.23-0.130.110.530.020.050.11-0.18-0.050.01-0.13-0.71-0.24-0.09
0.20.340.30.21-0.60.430.34-0.680.210.08-0.360.540.23-0.17-0.060.540.440.690.480.50.640.27-0.120.040.15
-0.83-0.82-0.6-0.46-0.03-0.9-0.05-0.68-0.18-0.710.34-0.74-0.850.49-0.15-0.82-0.32-0.95-0.7-0.94-0.91-0.87-0.260.44-0.73
0.050.140.380.67-0.330.13-0.280.21-0.180.09-0.39-0.140.060.4-0.190.350.520.170.390.220.30.130.590.6-0.22
0.90.630.750.640.310.74-0.160.08-0.710.09-0.230.320.92-0.570.210.580.170.770.310.730.790.910.51-0.450.66
-0.11-0.51-0.62-0.640.49-0.35-0.17-0.360.34-0.39-0.230.15-0.26-0.460.22-0.77-0.88-0.38-0.45-0.46-0.48-0.31-0.33-0.280.2
0.550.58-0.07-0.20.220.530.230.54-0.74-0.140.320.150.52-0.540.350.35-0.280.590.380.620.450.49-0.31-0.660.79
0.990.840.690.550.40.93-0.130.23-0.850.060.92-0.260.52-0.520.270.740.220.830.60.910.821.00.48-0.590.83
-0.59-0.14-0.170.07-0.33-0.360.11-0.170.490.4-0.57-0.46-0.54-0.52-0.120.010.42-0.520.04-0.32-0.43-0.470.030.62-0.67
0.310.19-0.14-0.150.350.240.53-0.06-0.15-0.190.210.220.350.27-0.120.0-0.230.14-0.020.160.030.25-0.26-0.550.42
0.660.890.740.67-0.10.850.020.54-0.820.350.58-0.770.350.740.010.00.720.770.830.910.810.780.47-0.160.42
0.120.370.710.75-0.540.390.050.44-0.320.520.17-0.88-0.280.220.42-0.230.720.40.560.410.510.290.520.43-0.27
0.80.690.720.58-0.120.840.110.69-0.950.170.77-0.380.590.83-0.520.140.770.40.560.870.980.840.29-0.340.61
0.590.790.470.450.120.82-0.180.48-0.70.390.31-0.450.380.60.04-0.020.830.560.560.820.580.650.49-0.160.47
0.880.950.650.540.190.96-0.050.5-0.940.220.73-0.460.620.91-0.320.160.910.410.870.820.850.930.41-0.460.74
0.780.680.830.72-0.170.830.010.64-0.910.30.79-0.480.450.82-0.430.030.810.510.980.580.850.840.43-0.20.51
0.980.850.720.60.360.95-0.130.27-0.870.130.91-0.310.491.0-0.470.250.780.290.840.650.930.840.51-0.530.8
0.470.350.740.790.160.46-0.71-0.12-0.260.590.51-0.33-0.310.480.03-0.260.470.520.290.490.410.430.510.260.11
-0.62-0.480.060.3-0.67-0.49-0.240.040.440.6-0.45-0.28-0.66-0.590.62-0.55-0.160.43-0.34-0.16-0.46-0.2-0.530.26-0.84
0.870.720.20.020.660.76-0.090.15-0.73-0.220.660.20.790.83-0.670.420.42-0.270.610.470.740.510.80.11-0.84
Click cells to compare fundamentals

Journey Medical Account Relationship Matchups

Journey Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.9M51.9M97.3M105.2M76.8M73.0M
Short Long Term Debt Total5.3M5.4M910K23.0M17.7M16.8M
Other Current Liab18.8M4.5M4.5M22.2M20.4M20.8M
Total Current Liabilities20.9M28.1M51.6M66.8M41.9M46.9M
Total Stockholder Equity2.8M10.3M42.0M17.0M20.4M19.3M
Property Plant And Equipment Net1.2M89K175K189K101K96.0K
Net Debt502K(2.8M)(48.2M)(9.0M)(9.7M)(10.2M)
Retained Earnings(163K)5.1M(38.9M)(68.5M)(72.4M)(76.0M)
Accounts Payable2.0M1.8M22.8M36.6M18.3M15.5M
Cash4.8M8.2M49.1M32.0M27.4M26.1M
Non Current Assets Total8.6M16.7M12.8M27.5M20.4M16.4M
Non Currrent Assets Other656K3.0M6K150K95K5.7K
Cash And Short Term Investments4.8M8.2M49.1M32.0M27.4M26.1M
Net Receivables19.0M23.9M23.1M28.2M15.2M17.6M
Liabilities And Stockholders Equity33.9M51.9M97.3M105.2M76.8M73.0M
Non Current Liabilities Total10.2M13.6M3.6M21.3M14.6M13.9M
Other Current Assets655K1.7M2.4M3.3M3.6M3.2M
Other Stockholder Equity2.9M5.2M80.9M85.5M92.7M88.1M
Total Liab31.1M41.6M55.2M88.2M56.5M93.1M
Total Current Assets25.3M35.2M84.5M77.7M56.5M53.6M
Intangible Assets7.4M15.0M12.6M27.2M20.3M21.3M
Inventory857K1.4M9.9M14.2M10.2M8.2M

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When determining whether Journey Medical Corp is a strong investment it is important to analyze Journey Medical'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 Journey Medical's future performance. For an informed investment choice regarding Journey Stock, refer to the following important reports:
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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.