Heron Cash vs Total Assets Analysis
HRTX Stock | USD 3.44 0.03 0.86% |
Heron Therapeuti financial indicator trend analysis is much more than just examining Heron Therapeuti latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heron Therapeuti is a good investment. Please check the relationship between Heron Therapeuti Cash and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heron Therapeuti. 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 information on how to buy Heron Stock please use our How to Invest in Heron Therapeuti guide.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heron Therapeuti Cash account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Heron Therapeuti's Cash and Total Assets is 0.28. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Heron Therapeuti, assuming nothing else is changed. The correlation between historical values of Heron Therapeuti's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Heron Therapeuti are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Heron Therapeuti's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Heron Therapeuti, which is listed under current asset account on Heron Therapeuti balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Heron Therapeuti customers. The amounts must be unrestricted with restricted cash listed in a different Heron Therapeuti account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of Heron Therapeuti assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Heron Therapeuti books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Heron Therapeuti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heron Therapeuti 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 Heron Therapeuti. 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 information on how to buy Heron Stock please use our How to Invest in Heron Therapeuti guide.At this time, Heron Therapeuti's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 28.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 258.2M | 227.5M | 172.6M | 181.2M | Cost Of Revenue | 46.0M | 54.9M | 65.1M | 68.4M |
Heron Therapeuti fundamental ratios Correlations
Click cells to compare fundamentals
Heron Therapeuti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heron Therapeuti fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 512.8M | 353.6M | 305.7M | 251.0M | 222.5M | 233.6M | |
Short Long Term Debt Total | 19.8M | 24.6M | 159.5M | 157.5M | 179.6M | 188.6M | |
Other Current Liab | 86.4M | 91.9M | 64.8M | 76.4M | 73.4M | 77.0M | |
Total Current Liabilities | 96.7M | 102.5M | 71.1M | 82.4M | 79.7M | 83.7M | |
Total Stockholder Equity | 403.8M | 236.5M | 77.6M | 13.6M | (34.0M) | (32.3M) | |
Property Plant And Equipment Net | 33.4M | 39.0M | 33.6M | 29.8M | 25.6M | 26.9M | |
Net Debt | (52.1M) | (80.5M) | 69.0M | 142.1M | 151.0M | 158.5M | |
Retained Earnings | (1.2B) | (1.4B) | (1.6B) | (1.8B) | (1.9B) | (1.8B) | |
Cash | 71.9M | 105.1M | 90.5M | 15.4M | 28.7M | 27.8M | |
Non Current Assets Total | 33.7M | 39.4M | 51.3M | 45.5M | 33.7M | 35.4M | |
Cash And Short Term Investments | 391.0M | 208.5M | 157.6M | 84.9M | 80.4M | 60.9M | |
Net Receivables | 39.9M | 41.9M | 35.5M | 52.0M | 60.1M | 63.1M | |
Common Stock Shares Outstanding | 81.8M | 90.8M | 98.5M | 108.9M | 138.1M | 145.0M | |
Liabilities And Stockholders Equity | 512.8M | 353.6M | 305.7M | 251.0M | 222.5M | 233.6M | |
Non Current Liabilities Total | 12.2M | 14.6M | 157.1M | 155.0M | 176.8M | 185.6M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | |
Total Liab | 108.9M | 117.1M | 228.1M | 237.4M | 256.5M | 269.3M | |
Property Plant And Equipment Gross | 33.4M | 39.0M | 33.6M | 29.8M | 42.6M | 44.8M | |
Total Current Assets | 479.1M | 314.2M | 254.4M | 205.4M | 188.8M | 198.2M | |
Accumulated Other Comprehensive Income | 85K | 257K | (6K) | (19K) | 13K | 13.7K | |
Short Term Debt | 7.6M | 10.1M | 2.4M | 2.7M | 3.1M | 3.5M | |
Inventory | 25.0M | 41.9M | 48.4M | 54.6M | 42.1M | 44.2M | |
Other Current Assets | 23.2M | 22.0M | 13.0M | 14.0M | 6.1M | 4.4M | |
Accounts Payable | 2.8M | 525K | 3.8M | 3.2M | 3.2M | 3.2M | |
Common Stock Total Equity | 782K | 903K | 913K | 1.0M | 1.2M | 658.0K | |
Common Stock | 903K | 913K | 1.0M | 1.2M | 1.5M | 1.6M | |
Other Assets | 346K | 16.6M | 17.7M | 15.7M | 18.1M | 19.0M | |
Short Term Investments | 319.1M | 103.4M | 67.0M | 69.5M | 51.7M | 55.8M | |
Property Plant Equipment | 19.6M | 22.7M | 33.6M | 29.8M | 34.3M | 36.0M | |
Net Tangible Assets | 403.8M | 236.5M | 77.6M | 13.6M | 15.6M | 14.8M | |
Retained Earnings Total Equity | (960.7M) | (1.2B) | (1.4B) | (1.6B) | (1.5B) | (1.4B) | |
Capital Surpluse | 1.3B | 1.6B | 1.6B | 1.7B | 1.9B | 2.0B | |
Short Long Term Debt | 28.7M | 4.6M | 5.6M | 7.1M | 8.1M | 8.3M | |
Net Invested Capital | 409.5M | 243.5M | 226.7M | 162.9M | 139.8M | 196.2M | |
Net Working Capital | 382.4M | 211.7M | 183.4M | 123.1M | 109.1M | 170.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Heron Therapeuti offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heron Therapeuti'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 Heron Therapeuti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heron Therapeuti Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heron Therapeuti. 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 information on how to buy Heron Stock please use our How to Invest in Heron Therapeuti guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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Is Heron Therapeuti'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 Heron Therapeuti. If investors know Heron 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 Heron Therapeuti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.55) | Revenue Per Share 0.904 | Quarterly Revenue Growth 0.171 | Return On Assets (0.18) | Return On Equity (24.09) |
The market value of Heron Therapeuti is measured differently than its book value, which is the value of Heron that is recorded on the company's balance sheet. Investors also form their own opinion of Heron Therapeuti's value that differs from its market value or its book value, called intrinsic value, which is Heron Therapeuti'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 Heron Therapeuti's market value can be influenced by many factors that don't directly affect Heron Therapeuti'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 Heron Therapeuti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heron Therapeuti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heron Therapeuti'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.