Eagle Total Stockholder Equity vs Non Current Liabilities Total Analysis

EGRX Stock  USD 4.16  0.08  1.89%   
Eagle Pharmaceuticals financial indicator trend analysis is much more than just examining Eagle Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Pharmaceuticals is a good investment. Please check the relationship between Eagle Pharmaceuticals Total Stockholder Equity and its Non Current Liabilities Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Pharmaceuticals. 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.
For more information on how to buy Eagle Stock please use our How to Invest in Eagle Pharmaceuticals guide.

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Pharmaceuticals Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eagle Pharmaceuticals' Total Stockholder Equity and Non Current Liabilities Total is 0.78. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Eagle Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Eagle Pharmaceuticals' Total Stockholder Equity and Non Current Liabilities Total 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 Eagle Pharmaceuticals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., Eagle Pharmaceuticals' Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Non Current Liabilities Total

Most indicators from Eagle Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Pharmaceuticals 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 Eagle Pharmaceuticals. 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.
For more information on how to buy Eagle Stock please use our How to Invest in Eagle Pharmaceuticals guide.At this time, Eagle Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 31.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.25 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.6M4.0M4.7M4.9M
Depreciation And Amortization3.8M12.0M13.8M14.5M

Eagle Pharmaceuticals fundamental ratios Correlations

0.650.820.920.890.390.79-0.020.940.930.640.960.860.930.910.630.980.80.66-0.240.930.860.770.10.960.9
0.650.580.530.70.30.44-0.110.480.590.410.60.510.550.460.430.660.750.550.260.680.550.570.520.590.52
0.820.580.940.560.060.450.420.630.830.150.920.940.880.690.140.740.460.39-0.180.840.950.460.090.920.81
0.920.530.940.70.130.660.270.820.930.360.960.960.940.880.340.840.590.43-0.20.850.980.61-0.030.970.93
0.890.70.560.70.480.87-0.320.890.790.790.770.620.770.80.770.90.920.73-0.250.780.630.860.240.760.76
0.390.30.060.130.480.19-0.560.330.340.710.22-0.050.140.310.690.450.480.74-0.440.370.00.580.50.240.4
0.790.440.450.660.870.19-0.120.910.690.610.720.620.730.820.580.780.690.43-0.170.650.580.8-0.210.70.66
-0.02-0.110.420.27-0.32-0.56-0.12-0.070.09-0.740.240.410.210.04-0.74-0.07-0.46-0.530.170.170.33-0.26-0.540.250.04
0.940.480.630.820.890.330.91-0.070.820.690.870.780.870.930.670.930.750.53-0.220.840.740.76-0.150.870.81
0.930.590.830.930.790.340.690.090.820.460.930.810.920.860.450.880.710.58-0.230.810.860.750.130.920.95
0.640.410.150.360.790.710.61-0.740.690.460.40.230.40.610.990.680.810.76-0.30.490.270.680.320.420.53
0.960.60.920.960.770.220.720.240.870.930.40.940.980.860.380.910.650.5-0.20.930.920.67-0.010.990.88
0.860.510.940.960.62-0.050.620.410.780.810.230.940.930.80.220.770.490.27-0.080.840.970.46-0.160.940.8
0.930.550.880.940.770.140.730.210.870.920.40.980.930.830.380.870.640.46-0.180.850.90.6-0.040.950.86
0.910.460.690.880.80.310.820.040.930.860.610.860.80.830.590.880.670.45-0.170.820.820.75-0.170.90.91
0.630.430.140.340.770.690.58-0.740.670.450.990.380.220.380.590.660.830.73-0.230.490.260.660.340.410.51
0.980.660.740.840.90.450.78-0.070.930.880.680.910.770.870.880.660.820.73-0.260.930.790.770.110.910.84
0.80.750.460.590.920.480.69-0.460.750.710.810.650.490.640.670.830.820.75-0.10.690.540.760.440.640.65
0.660.550.390.430.730.740.43-0.530.530.580.760.50.270.460.450.730.730.75-0.530.580.360.660.610.50.54
-0.240.26-0.18-0.2-0.25-0.44-0.170.17-0.22-0.23-0.3-0.2-0.08-0.18-0.17-0.23-0.26-0.1-0.53-0.18-0.12-0.27-0.13-0.21-0.28
0.930.680.840.850.780.370.650.170.840.810.490.930.840.850.820.490.930.690.58-0.180.810.690.070.940.78
0.860.550.950.980.630.00.580.330.740.860.270.920.970.90.820.260.790.540.36-0.120.810.49-0.030.940.86
0.770.570.460.610.860.580.8-0.260.760.750.680.670.460.60.750.660.770.760.66-0.270.690.490.210.680.74
0.10.520.09-0.030.240.5-0.21-0.54-0.150.130.32-0.01-0.16-0.04-0.170.340.110.440.61-0.130.07-0.030.21-0.020.1
0.960.590.920.970.760.240.70.250.870.920.420.990.940.950.90.410.910.640.5-0.210.940.940.68-0.020.91
0.90.520.810.930.760.40.660.040.810.950.530.880.80.860.910.510.840.650.54-0.280.780.860.740.10.91
Click cells to compare fundamentals

Eagle Pharmaceuticals Account Relationship Matchups

Eagle Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.6M253.2M253.7M406.2M467.1M490.4M
Short Long Term Debt Total38.6M37.1M25.6M62.5M71.8M41.6M
Other Current Liab2.3M3.1M7.0M85.8M98.7M103.7M
Total Current Liabilities38.8M38.1M74.4M111.1M127.8M134.1M
Total Stockholder Equity179.2M186.0M176.5M233.6M268.6M138.0M
Property Plant And Equipment Net2.2M2.1M1.6M1.2M1.3M2.3M
Current Deferred Revenue21.7M26.1M20.7M25.4M29.2M17.3M
Net Debt(71.2M)(66.1M)(72.1M)7.1M6.4M6.8M
Retained Earnings72.5M84.5M75.9M111.5M128.2M134.6M
Accounts Payable5.5M6.3M16.4M19.0M21.8M22.9M
Cash109.8M103.2M97.7M55.3M63.6M73.0M
Non Current Assets Total75.1M87.1M81.1M217.4M250.0M262.5M
Non Currrent Assets Other3.9M5.0M4.2M15.7M18.1M19.0M
Other Assets13.9M32.4M29.1M52.9M60.8M63.9M
Long Term Debt38.2M33.6M25.1M56.2M64.6M67.9M
Cash And Short Term Investments109.8M103.2M97.7M55.3M63.6M75.1M
Net Receivables48.0M51.1M41.1M72.4M83.3M87.5M
Common Stock Shares Outstanding14.1M13.8M13.1M13.1M15.0M14.9M
Liabilities And Stockholders Equity254.6M253.2M253.7M406.2M467.1M490.4M
Non Current Liabilities Total36.6M29.1M2.9M61.5M70.7M74.3M
Inventory6.6M8.1M21.9M47.8M55.0M57.7M
Other Current Assets15.1M1.6M11.9M13.2M15.2M8.2M
Other Stockholder Equity106.7M101.5M100.7M123.2M110.8M100.8M
Total Liab75.4M67.2M77.3M172.6M198.5M208.4M
Property Plant And Equipment Gross2.2M2.1M7.6M7.8M8.9M9.4M
Total Current Assets179.4M166.1M172.6M188.8M217.1M137.0M
Short Term Debt6.3M5M8M25.6M7.2M8.4M
Property Plant Equipment2.2M2.1M1.6M1.2M1.3M2.3M
Net Tangible Assets123.8M133.4M126.0M70.2M80.7M106.8M
Retained Earnings Total Equity72.5M84.5M75.9M111.5M128.2M134.6M
Capital Surpluse278.5M305.4M325.8M366.3M421.2M282.9M
Treasury Stock(171.9M)(203.9M)(225.1M)(243.1M)(218.8M)(207.9M)
Intangible Assets15.6M12.9M10.7M118.3M136.1M142.9M

Pair Trading with Eagle Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eagle Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eagle Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eagle Stock

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Moving against Eagle Stock

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The ability to find closely correlated positions to Eagle Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eagle Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eagle Pharmaceuticals to buy it.
The correlation of Eagle Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eagle Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eagle Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eagle Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Pharmaceuticals' 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 Eagle Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Pharmaceuticals Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Pharmaceuticals. 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.
For more information on how to buy Eagle Stock please use our How to Invest in Eagle Pharmaceuticals guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Eagle Pharmaceuticals' price analysis, check to measure Eagle Pharmaceuticals' 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 Eagle Pharmaceuticals is operating at the current time. Most of Eagle Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Eagle Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Pharmaceuticals' price. Additionally, you may evaluate how the addition of Eagle Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Eagle Pharmaceuticals' 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 Eagle Pharmaceuticals. If investors know Eagle 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 Eagle Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.85
Revenue Per Share
19.684
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0663
The market value of Eagle Pharmaceuticals is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Eagle Pharmaceuticals' 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 Eagle Pharmaceuticals' market value can be influenced by many factors that don't directly affect Eagle Pharmaceuticals' 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 Eagle Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Pharmaceuticals' 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.