Hoth Tangible Asset Value vs Book Value per Share Analysis

HOTH Stock  USD 1.18  0.05  4.07%   
Hoth Therapeutics financial indicator trend analysis is much more than just examining Hoth Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hoth Therapeutics is a good investment. Please check the relationship between Hoth Therapeutics Tangible Asset Value and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hoth Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.

Tangible Asset Value vs Book Value Per Share

Tangible Asset Value vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hoth Therapeutics Tangible Asset Value account and Book Value per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Hoth Therapeutics' Tangible Asset Value and Book Value per Share is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Hoth Therapeutics, assuming nothing else is changed. The correlation between historical values of Hoth Therapeutics' Tangible Asset Value and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of Hoth Therapeutics are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Tangible Asset Value i.e., Hoth Therapeutics' Tangible Asset Value and Book Value per Share go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Hoth Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hoth Therapeutics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hoth Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.As of now, Hoth Therapeutics' Selling General Administrative is increasing as compared to previous years. The Hoth Therapeutics' current Enterprise Value Over EBITDA is estimated to increase to 0.59, while Issuance Of Capital Stock is projected to decrease to under 9.4 M.

Hoth Therapeutics fundamental ratios Correlations

0.880.81.00.920.45-0.93-0.880.440.970.640.581.00.92-0.640.320.90.940.821.00.451.01.00.54-0.81-0.9
0.880.940.840.90.45-0.88-0.920.580.910.350.310.880.85-0.690.270.840.960.920.840.450.890.850.19-0.79-0.83
0.80.940.740.830.26-0.78-0.850.810.80.360.410.80.81-0.760.490.810.870.990.740.260.80.750.21-0.82-0.84
1.00.840.740.90.47-0.92-0.860.370.970.650.581.00.9-0.60.280.880.930.761.00.470.991.00.56-0.78-0.87
0.920.90.830.90.67-0.99-0.990.390.920.420.330.920.83-0.610.160.940.940.830.90.670.920.910.24-0.75-0.9
0.450.450.260.470.67-0.69-0.69-0.290.52-0.05-0.220.450.36-0.22-0.370.570.530.220.471.00.460.47-0.22-0.31-0.41
-0.93-0.88-0.78-0.92-0.99-0.690.96-0.32-0.95-0.4-0.38-0.94-0.80.55-0.09-0.89-0.92-0.78-0.92-0.69-0.94-0.93-0.290.70.84
-0.88-0.92-0.85-0.86-0.99-0.690.96-0.41-0.9-0.37-0.24-0.88-0.850.66-0.19-0.94-0.95-0.84-0.86-0.69-0.89-0.87-0.150.80.9
0.440.580.810.370.39-0.29-0.32-0.410.410.310.510.440.56-0.610.760.440.50.80.37-0.290.440.380.24-0.63-0.55
0.970.910.80.970.920.52-0.95-0.90.410.450.460.980.86-0.530.180.840.960.790.970.520.980.970.37-0.73-0.82
0.640.350.360.650.42-0.05-0.4-0.370.310.450.710.610.7-0.650.670.640.460.470.65-0.050.610.630.87-0.7-0.71
0.580.310.410.580.33-0.22-0.38-0.240.510.460.710.560.47-0.490.630.380.360.440.58-0.220.570.570.9-0.52-0.47
1.00.880.81.00.920.45-0.94-0.880.440.980.610.560.91-0.610.30.890.950.811.00.451.01.00.51-0.8-0.89
0.920.850.810.90.830.36-0.8-0.850.560.860.70.470.91-0.770.550.930.930.840.90.360.910.90.45-0.94-0.95
-0.64-0.69-0.76-0.6-0.61-0.220.550.66-0.61-0.53-0.65-0.49-0.61-0.77-0.73-0.79-0.66-0.77-0.6-0.22-0.63-0.59-0.440.930.8
0.320.270.490.280.16-0.37-0.09-0.190.760.180.670.630.30.55-0.730.410.30.530.28-0.370.310.270.54-0.71-0.53
0.90.840.810.880.940.57-0.89-0.940.440.840.640.380.890.93-0.790.410.910.840.880.570.890.880.36-0.9-0.98
0.940.960.870.930.940.53-0.92-0.950.50.960.460.360.950.93-0.660.30.910.870.930.530.950.930.26-0.84-0.9
0.820.920.990.760.830.22-0.78-0.840.80.790.470.440.810.84-0.770.530.840.870.760.220.820.770.29-0.84-0.88
1.00.840.741.00.90.47-0.92-0.860.370.970.650.581.00.9-0.60.280.880.930.760.470.991.00.56-0.78-0.87
0.450.450.260.470.671.0-0.69-0.69-0.290.52-0.05-0.220.450.36-0.22-0.370.570.530.220.470.460.47-0.22-0.31-0.41
1.00.890.80.990.920.46-0.94-0.890.440.980.610.571.00.91-0.630.310.890.950.820.990.461.00.52-0.81-0.89
1.00.850.751.00.910.47-0.93-0.870.380.970.630.571.00.9-0.590.270.880.930.771.00.471.00.54-0.78-0.87
0.540.190.210.560.24-0.22-0.29-0.150.240.370.870.90.510.45-0.440.540.360.260.290.56-0.220.520.54-0.46-0.45
-0.81-0.79-0.82-0.78-0.75-0.310.70.8-0.63-0.73-0.7-0.52-0.8-0.940.93-0.71-0.9-0.84-0.84-0.78-0.31-0.81-0.78-0.460.92
-0.9-0.83-0.84-0.87-0.9-0.410.840.9-0.55-0.82-0.71-0.47-0.89-0.950.8-0.53-0.98-0.9-0.88-0.87-0.41-0.89-0.87-0.450.92
Click cells to compare fundamentals

Hoth Therapeutics Account Relationship Matchups

Hoth Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M5.2M11.0M6.8M9.5M5.8M
Other Current Liab36.2K182.7K506.8K692.7K614.2K352.1K
Total Current Liabilities440.1K312.1K867.8K1.4M678.7K641.9K
Total Stockholder Equity2.4M4.6M9.9M5.1M8.8M5.1M
Net Tangible Assets154.7K2.4M4.6M9.9M11.4M11.9M
Net Debt(1.7M)(2.6M)(8.5M)(6.4M)(9.2M)(8.8M)
Retained Earnings(12.2M)(19.4M)(33.7M)(45.1M)(52.9M)(50.3M)
Accounts Payable403.9K129.5K361.0K695.0K35.6K33.8K
Cash1.7M2.6M8.5M6.4M9.3M4.7M
Non Current Assets Total201.0K460K410K33K92.6K87.9K
Non Currrent Assets Other200K50K410K33K(1.0)(0.95)
Cash And Short Term Investments2.5M4.7M10.4M6.6M9.3M5.5M
Common Stock Shares Outstanding366.6K494.5K893.2K1.2M3.4M1.8M
Liabilities And Stockholders Equity2.8M5.2M11.0M6.8M9.5M5.8M
Non Current Liabilities Total403.9K285K235K250K26.3K25.0K
Other Stockholder Equity14.6M24.1M43.6M50.2M61.7M31.8M
Total Liab440.1K597.1K1.1M1.6M705.0K767.0K
Net Invested Capital2.4M4.6M9.9M5.1M8.8M5.1M
Total Current Assets2.6M4.8M10.6M6.7M9.4M5.6M
Net Working Capital2.2M4.5M9.7M5.3M8.7M5.0M
Common Stock1.0K1.3K2.4K130.0435.0413.25
Other Current Assets140.6K89.8K94.0M88.5K135.4K128.6K
Capital Stock1.0K1.3K2.4K130.0435.0818.0

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When determining whether Hoth Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hoth Therapeutics' 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 Hoth Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hoth Therapeutics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hoth Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Hoth Stock please use our How to Invest in Hoth Therapeutics guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Hoth Therapeutics' price analysis, check to measure Hoth Therapeutics' 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 Hoth Therapeutics is operating at the current time. Most of Hoth Therapeutics' value examination focuses on studying past and present price action to predict the probability of Hoth Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hoth Therapeutics' price. Additionally, you may evaluate how the addition of Hoth Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Hoth Therapeutics' 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 Hoth Therapeutics. If investors know Hoth 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 Hoth Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.30)
Return On Assets
(0.59)
Return On Equity
(1.13)
The market value of Hoth Therapeutics is measured differently than its book value, which is the value of Hoth that is recorded on the company's balance sheet. Investors also form their own opinion of Hoth Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Hoth Therapeutics' 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 Hoth Therapeutics' market value can be influenced by many factors that don't directly affect Hoth Therapeutics' 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 Hoth Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoth Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoth Therapeutics' 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.