Fusion Total Other Income Expense Net vs Income Tax Expense Analysis

FUSN Stock  USD 21.52  0.03  0.14%   
Fusion PharmaceuticalsI financial indicator trend analysis is much more than just examining Fusion PharmaceuticalsInc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fusion PharmaceuticalsInc is a good investment. Please check the relationship between Fusion PharmaceuticalsI Total Other Income Expense Net and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fusion PharmaceuticalsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Other Income Expense Net vs Income Tax Expense

Total Other Income Expense Net vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fusion PharmaceuticalsInc Total Other Income Expense Net account and Income Tax Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fusion PharmaceuticalsI's Total Other Income Expense Net and Income Tax Expense is -0.64. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Fusion PharmaceuticalsInc, assuming nothing else is changed. The correlation between historical values of Fusion PharmaceuticalsI's Total Other Income Expense Net and Income Tax Expense 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 Other Income Expense Net of Fusion PharmaceuticalsInc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Other Income Expense Net i.e., Fusion PharmaceuticalsI's Total Other Income Expense Net and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Total Other Income Expense Net

Income Tax Expense

Most indicators from Fusion PharmaceuticalsI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fusion PharmaceuticalsInc 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 Fusion PharmaceuticalsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Fusion PharmaceuticalsI's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value is likely to grow to about 649.9 M, though Tax Provision is likely to grow to (806.5 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation634K909K1.2M1.3M
Total Operating Expenses83.5M89.5M100.0M54.3M

Fusion PharmaceuticalsI fundamental ratios Correlations

0.240.350.320.110.160.090.3-0.17-0.30.210.530.110.170.010.280.270.570.19-0.220.290.130.720.130.30.28
0.240.950.960.990.990.980.69-0.19-0.830.960.840.960.620.761.00.6-0.580.97-0.220.580.96-0.350.990.691.0
0.350.951.00.910.940.890.770.04-0.910.910.740.860.70.580.970.67-0.410.98-0.430.610.96-0.150.940.770.96
0.320.961.00.930.950.910.780.03-0.920.910.740.870.690.590.980.68-0.450.99-0.40.620.97-0.20.950.780.98
0.110.990.910.930.991.00.64-0.22-0.780.950.80.970.630.790.980.53-0.70.96-0.130.520.95-0.491.00.630.98
0.160.990.940.950.990.980.63-0.21-0.790.970.820.980.620.80.980.56-0.620.97-0.230.520.95-0.40.990.630.98
0.090.980.890.911.00.980.58-0.26-0.740.960.790.970.660.80.960.47-0.720.95-0.080.460.93-0.520.990.580.96
0.30.690.770.780.640.630.580.43-0.960.550.470.530.260.240.730.96-0.230.72-0.640.940.77-0.040.671.00.73
-0.17-0.190.040.03-0.22-0.21-0.260.43-0.34-0.27-0.55-0.36-0.04-0.6-0.130.450.2-0.02-0.670.350.060.22-0.160.45-0.14
-0.3-0.83-0.91-0.92-0.78-0.79-0.74-0.96-0.34-0.74-0.57-0.69-0.48-0.38-0.87-0.890.32-0.870.62-0.84-0.90.1-0.82-0.96-0.86
0.210.960.910.910.950.970.960.55-0.27-0.740.840.970.690.830.950.47-0.590.92-0.20.420.88-0.380.950.550.94
0.530.840.740.740.80.820.790.47-0.55-0.570.840.860.350.840.820.45-0.290.71-0.10.480.67-0.10.780.470.82
0.110.960.860.870.970.980.970.53-0.36-0.690.970.860.550.90.930.47-0.670.9-0.130.450.88-0.480.960.520.93
0.170.620.70.690.630.620.660.26-0.04-0.480.690.350.550.270.640.04-0.420.70.06-0.060.63-0.250.630.260.63
0.010.760.580.590.790.80.80.24-0.6-0.380.830.840.90.270.70.26-0.610.630.010.280.6-0.50.760.240.7
0.281.00.970.980.980.980.960.73-0.13-0.870.950.820.930.640.70.63-0.530.98-0.270.60.97-0.30.990.731.0
0.270.60.670.680.530.560.470.960.45-0.890.470.450.470.040.260.63-0.120.61-0.770.980.670.050.580.960.63
0.57-0.58-0.41-0.45-0.7-0.62-0.72-0.230.20.32-0.59-0.29-0.67-0.42-0.61-0.53-0.12-0.57-0.26-0.12-0.580.96-0.66-0.21-0.54
0.190.970.980.990.960.970.950.72-0.02-0.870.920.710.90.70.630.980.61-0.57-0.30.560.99-0.330.980.720.98
-0.22-0.22-0.43-0.4-0.13-0.23-0.08-0.64-0.670.62-0.2-0.1-0.130.060.01-0.27-0.77-0.26-0.3-0.66-0.35-0.39-0.21-0.67-0.25
0.290.580.610.620.520.520.460.940.35-0.840.420.480.45-0.060.280.60.98-0.120.56-0.660.630.020.550.940.61
0.130.960.960.970.950.950.930.770.06-0.90.880.670.880.630.60.970.67-0.580.99-0.350.63-0.350.970.770.97
0.72-0.35-0.15-0.2-0.49-0.4-0.52-0.040.220.1-0.38-0.1-0.48-0.25-0.5-0.30.050.96-0.33-0.390.02-0.35-0.44-0.02-0.31
0.130.990.940.951.00.990.990.67-0.16-0.820.950.780.960.630.760.990.58-0.660.98-0.210.550.97-0.440.670.99
0.30.690.770.780.630.630.581.00.45-0.960.550.470.520.260.240.730.96-0.210.72-0.670.940.77-0.020.670.73
0.281.00.960.980.980.980.960.73-0.14-0.860.940.820.930.630.71.00.63-0.540.98-0.250.610.97-0.310.990.73
Click cells to compare fundamentals

Fusion PharmaceuticalsI Account Relationship Matchups

Fusion PharmaceuticalsI fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding155.7M22.0M42.6M43.7M65.6M57.7M
Total Assets69.4M310.7M252.3M219.1M285.8M214.3M
Other Current Liab3.4M7.5M7.6M10.0M9.9M7.3M
Total Current Liabilities4.3M11.9M12.5M15.1M16.2M11.3M
Total Stockholder Equity(33.5M)294.5M231.5M162.2M222.5M157.5M
Other Liab321K4.3M2.8M3.0M3.4M2.3M
Net Tangible Assets(33.5M)294.5M231.5M162.2M186.6M140.1M
Property Plant And Equipment Net1.3M2.0M9.5M10.3M23.9M25.1M
Net Debt(59.6M)(90.5M)(46.2M)(3.6M)(11.6M)(12.2M)
Retained Earnings(34.8M)(113.2M)(194.3M)(281.9M)(376.8M)(357.9M)
Accounts Payable830K3.4M2.2M2.7M1.9M2.1M
Cash65.3M90.5M52.9M43.9M61.9M62.9M
Non Current Assets Total2.8M82.5M40.5M40.1M42.4M38.4M
Non Currrent Assets Other1.5M2.8M9.4M9.2M849K806.6K
Other Assets1.6M80.5M11.1M14.0M16.1M23.6M
Cash And Short Term Investments65.3M222.4M200.8M186.6M234.1M172.0M
Net Receivables428K794K357K1.7M4.2M4.4M
Liabilities And Stockholders Equity69.4M310.7M252.3M219.1M285.8M214.3M
Non Current Liabilities Total98.6M4.3M8.3M41.8M47.1M33.0M
Capital Surpluse1.3M407.7M425.8M444.6M511.2M281.6M
Inventory503K4.2M10.4M(9.9M)(8.9M)(8.4M)
Other Current Assets278K727K233K509K5.1M5.4M
Other Stockholder Equity(70.3M)407.7M425.8M444.6M599.0M331.4M
Total Liab102.9M16.2M20.8M56.8M63.4M41.2M
Net Invested Capital(33.5M)294.5M231.5M196.5M257.3M170.2M
Property Plant And Equipment Gross1.3M2.0M9.5M12.3M26.4M27.7M
Total Current Assets66.6M228.2M211.8M179.0M243.4M175.8M
Accumulated Other Comprehensive Income(428K)44K(115K)(469K)237K248.9K
Net Working Capital62.3M216.3M199.3M163.9M227.2M164.6M
Property Plant Equipment1.3M2.0M3.0M4.6M5.3M5.6M

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When determining whether Fusion PharmaceuticalsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fusion PharmaceuticalsI'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 Fusion Pharmaceuticalsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fusion Pharmaceuticalsinc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fusion PharmaceuticalsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Fusion PharmaceuticalsI'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 Fusion PharmaceuticalsI. If investors know Fusion 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 Fusion PharmaceuticalsI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.40)
Revenue Per Share
0.028
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.23)
Return On Equity
(0.47)
The market value of Fusion PharmaceuticalsInc is measured differently than its book value, which is the value of Fusion that is recorded on the company's balance sheet. Investors also form their own opinion of Fusion PharmaceuticalsI's value that differs from its market value or its book value, called intrinsic value, which is Fusion PharmaceuticalsI'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 Fusion PharmaceuticalsI's market value can be influenced by many factors that don't directly affect Fusion PharmaceuticalsI'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 Fusion PharmaceuticalsI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fusion PharmaceuticalsI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fusion PharmaceuticalsI'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.