Oramed Other Stockholder Equity vs Total Current Liabilities Analysis

ORMP Stock  USD 2.37  0.10  4.05%   
Oramed Pharmaceuticals financial indicator trend analysis is much more than just breaking down Oramed Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oramed Pharmaceuticals is a good investment. Please check the relationship between Oramed Pharmaceuticals Other Stockholder Equity and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oramed 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 population.
To learn how to invest in Oramed Stock, please use our How to Invest in Oramed Pharmaceuticals guide.

Other Stockholder Equity vs Total Current Liabilities

Other Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oramed Pharmaceuticals Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oramed Pharmaceuticals' Other Stockholder Equity and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Oramed Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Oramed Pharmaceuticals' Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Oramed Pharmaceuticals are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Oramed Pharmaceuticals' Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Total Current Liabilities

Total Current Liabilities is an item on Oramed Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oramed Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Oramed Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oramed 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oramed 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 population.
To learn how to invest in Oramed Stock, please use our How to Invest in Oramed Pharmaceuticals guide.At this time, Oramed Pharmaceuticals' Selling General Administrative is relatively stable compared to the past year. As of 05/15/2024, Enterprise Value is likely to grow to about 405.9 M, while Tax Provision is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Interest Income3.6M4.6M5.3M5.6M
Net Interest Income3.6M4.6M5.3M5.6M

Oramed Pharmaceuticals fundamental ratios Correlations

0.870.77-0.850.650.650.830.570.830.8-0.560.660.630.790.440.810.790.720.760.30.090.520.350.76-0.090.42
0.870.77-0.910.670.610.840.760.880.82-0.70.850.740.770.610.830.770.650.690.550.340.420.270.680.030.56
0.770.77-0.910.820.820.990.230.961.0-0.780.910.860.990.050.90.990.970.980.250.260.770.560.92-0.040.02
-0.85-0.91-0.91-0.76-0.73-0.95-0.51-0.97-0.930.76-0.89-0.81-0.92-0.32-0.92-0.92-0.82-0.86-0.33-0.25-0.59-0.46-0.850.02-0.26
0.650.670.82-0.760.980.820.220.790.82-0.710.720.770.810.070.790.810.740.810.240.290.920.240.72-0.030.14
0.650.610.82-0.730.980.810.150.760.81-0.60.670.680.820.020.770.820.770.830.090.140.960.290.78-0.020.11
0.830.840.99-0.950.820.810.330.990.99-0.760.910.840.990.160.930.990.940.970.250.220.730.520.93-0.050.12
0.570.760.23-0.510.220.150.330.390.32-0.240.420.220.250.970.340.250.10.130.570.13-0.06-0.030.230.120.91
0.830.880.96-0.970.790.760.990.390.98-0.80.920.870.960.210.930.960.890.920.330.290.650.460.88-0.070.16
0.80.821.0-0.930.820.810.990.320.98-0.780.920.860.990.150.910.990.950.970.30.270.740.540.92-0.030.12
-0.56-0.7-0.780.76-0.71-0.6-0.76-0.24-0.8-0.78-0.8-0.98-0.73-0.03-0.75-0.73-0.7-0.71-0.6-0.77-0.56-0.45-0.50.020.03
0.660.850.91-0.890.720.670.910.420.920.92-0.80.850.890.240.850.890.810.830.460.430.570.40.790.040.19
0.630.740.86-0.810.770.680.840.220.870.86-0.980.850.820.020.810.820.80.80.540.690.640.480.61-0.04-0.02
0.790.770.99-0.920.810.820.990.250.960.99-0.730.890.820.080.911.00.970.990.180.170.770.560.96-0.050.06
0.440.610.05-0.320.070.020.160.970.210.15-0.030.240.020.080.160.08-0.06-0.030.49-0.01-0.19-0.170.10.10.97
0.810.830.9-0.920.790.770.930.340.930.91-0.750.850.810.910.160.910.860.890.20.270.680.450.84-0.150.13
0.790.770.99-0.920.810.820.990.250.960.99-0.730.890.821.00.080.910.970.990.170.170.770.560.96-0.050.06
0.720.650.97-0.820.740.770.940.10.890.95-0.70.810.80.97-0.060.860.970.990.110.170.770.70.93-0.02-0.09
0.760.690.98-0.860.810.830.970.130.920.97-0.710.830.80.99-0.030.890.990.990.110.150.820.610.95-0.08-0.04
0.30.550.25-0.330.240.090.250.570.330.3-0.60.460.540.180.490.20.170.110.110.760.0-0.02-0.030.110.45
0.090.340.26-0.250.290.140.220.130.290.27-0.770.430.690.17-0.010.270.170.170.150.760.130.12-0.120.05-0.05
0.520.420.77-0.590.920.960.73-0.060.650.74-0.560.570.640.77-0.190.680.770.770.820.00.130.380.73-0.04-0.08
0.350.270.56-0.460.240.290.52-0.030.460.54-0.450.40.480.56-0.170.450.560.70.61-0.020.120.380.530.32-0.26
0.760.680.92-0.850.720.780.930.230.880.92-0.50.790.610.960.10.840.960.930.95-0.03-0.120.730.53-0.040.09
-0.090.03-0.040.02-0.03-0.02-0.050.12-0.07-0.030.020.04-0.04-0.050.1-0.15-0.05-0.02-0.080.110.05-0.040.32-0.040.11
0.420.560.02-0.260.140.110.120.910.160.120.030.19-0.020.060.970.130.06-0.09-0.040.45-0.05-0.08-0.260.090.11
Click cells to compare fundamentals

Oramed Pharmaceuticals Account Relationship Matchups

Oramed Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.2M1.2M70.02.0M2.3M2.4M
Total Current Liabilities4.5M6.7M6.5K5.7M6.6M6.9M
Total Stockholder Equity32.9M115.8M153.8K151.8M174.6M183.3M
Retained Earnings(92.6M)(114.9M)(154.5K)(163.1M)(146.8M)(139.4M)
Common Stock Total Equity207K208K284K424K487.6K512.0K
Common Stock Shares Outstanding20.5M28.5M39.6M39.0M44.8M47.1M
Other Stockholder Equity125.2M230.2M307.9K314.4M361.6M379.7M
Total Liab11.8M11.5M11.3K10.5M12.1M6.1M
Common Stock284K424K470.0476K547.4K574.8K
Total Assets44.6M128.0M4.3K161.6M185.9M195.2M
Net Debt(19.2M)(76.7M)(32.3K)(39.6M)(35.6M)(33.8M)
Accounts Payable594K2.6M4.2K2.2M2.5M2.6M
Cash19.3M77.2M33.2K40.5M46.5M48.9M
Cash And Short Term Investments39.9M94.1M38.4K155.7M179.1M188.0M
Liabilities And Stockholders Equity44.6M128.0M165.1K161.6M185.9M195.2M
Non Current Liabilities Total7.2M4.8M4.8K4.7M5.5M4.0M
Other Current Assets611K1.2M121.7K1.4M1.6M1.7M
Total Current Assets40.5M95.3M160.2K157.1M180.7M189.7M
Property Plant And Equipment Net174K932K1.5K1.8M2.1M2.2M
Non Current Assets Total4.1M32.7M(155.9K)4.5M5.2M6.4M
Property Plant And Equipment Gross174K932K1.8M1.6M1.8M1.9M
Short Term Investments20.6M16.9M5.2K115.3M132.5M139.2M
Other Liab10.0M7.2M4.4M4.1M4.7M6.0M
Property Plant Equipment24K99K930K1.8M2.1M2.2M
Net Tangible Assets19.4M32.9M115.8M151.8M174.6M183.3M
Capital Surpluse99.4M100.3M125.2M230.2M264.7M278.0M
Long Term Investments3.9M31.7M2.7M54.9M63.2M66.3M
Net Invested Capital32.9M115.8M151.8M214.8M247.1M259.4M
Net Working Capital36.0M88.7M151.4M109.4M125.8M71.5M

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When determining whether Oramed Pharmaceuticals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Oramed Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Oramed Pharmaceuticals Stock. Highlighted below are key reports to facilitate an investment decision about Oramed Pharmaceuticals Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oramed 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 population.
To learn how to invest in Oramed Stock, please use our How to Invest in Oramed Pharmaceuticals guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Oramed 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 Oramed Pharmaceuticals. If investors know Oramed 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 Oramed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.26
Revenue Per Share
0.017
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.05)
Return On Equity
0.0648
The market value of Oramed Pharmaceuticals is measured differently than its book value, which is the value of Oramed that is recorded on the company's balance sheet. Investors also form their own opinion of Oramed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Oramed 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 Oramed Pharmaceuticals' market value can be influenced by many factors that don't directly affect Oramed 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 Oramed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oramed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oramed 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.