Titan Common Stock Total Equity vs Net Receivables Analysis

TTNP Stock  USD 6.64  0.42  5.95%   
Titan Pharmaceuticals financial indicator trend analysis is much more than just breaking down Titan Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Pharmaceuticals is a good investment. Please check the relationship between Titan Pharmaceuticals Common Stock Total Equity and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Titan Stock, please use our How to Invest in Titan Pharmaceuticals guide.

Common Stock Total Equity vs Net Receivables

Common Stock Total Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Pharmaceuticals Common Stock Total Equity account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Titan Pharmaceuticals' Common Stock Total Equity and Net Receivables is 0.72. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Titan Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Titan Pharmaceuticals' Common Stock Total Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Titan Pharmaceuticals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock Total Equity i.e., Titan Pharmaceuticals' Common Stock Total Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Net Receivables

Most indicators from Titan Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Titan Stock, please use our How to Invest in Titan Pharmaceuticals guide.At this time, Titan Pharmaceuticals' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/06/2024, Enterprise Value Over EBITDA is likely to grow to 0.0006, while Issuance Of Capital Stock is likely to drop slightly above 7.2 M.

Titan Pharmaceuticals fundamental ratios Correlations

0.59-0.320.71-0.110.69-0.64-0.020.740.950.08-0.350.970.85-0.470.45-0.560.590.990.33-0.330.090.70.66-0.330.68
0.59-0.350.68-0.650.430.170.470.730.430.33-0.170.460.66-0.750.79-0.860.820.540.690.17-0.330.730.780.130.12
-0.32-0.35-0.20.20.090.130.12-0.44-0.360.30.15-0.34-0.5-0.12-0.360.32-0.33-0.36-0.240.310.18-0.48-0.450.29-0.15
0.710.68-0.2-0.620.65-0.110.30.540.620.42-0.210.640.58-0.490.66-0.580.850.650.440.110.160.480.520.090.55
-0.11-0.650.2-0.62-0.03-0.61-0.28-0.25-0.01-0.170.31-0.03-0.180.3-0.90.32-0.87-0.09-0.22-0.230.16-0.15-0.19-0.190.15
0.690.430.090.65-0.03-0.40.230.590.520.53-0.10.560.54-0.70.15-0.490.360.610.340.010.360.450.460.00.8
-0.640.170.13-0.11-0.61-0.40.39-0.32-0.730.20.16-0.72-0.48-0.110.310.060.17-0.670.040.54-0.35-0.36-0.280.49-0.66
-0.020.470.120.3-0.280.230.390.12-0.190.90.67-0.170.02-0.530.11-0.580.2-0.150.810.92-0.240.10.270.92-0.11
0.740.73-0.440.54-0.250.59-0.320.120.580.11-0.380.610.93-0.580.52-0.730.570.730.47-0.24-0.020.80.79-0.240.44
0.950.43-0.360.62-0.010.52-0.73-0.190.58-0.1-0.360.990.75-0.240.36-0.420.490.970.21-0.450.10.640.58-0.440.64
0.080.330.30.42-0.170.530.20.90.11-0.10.6-0.070.02-0.57-0.01-0.460.16-0.060.660.850.080.010.170.850.21
-0.35-0.170.15-0.210.31-0.10.160.67-0.38-0.360.6-0.36-0.410.02-0.51-0.11-0.44-0.430.440.75-0.04-0.24-0.10.77-0.24
0.970.46-0.340.64-0.030.56-0.72-0.170.610.99-0.07-0.360.75-0.290.37-0.450.510.980.23-0.440.110.660.6-0.430.64
0.850.66-0.50.58-0.180.54-0.480.020.930.750.02-0.410.75-0.430.49-0.630.570.850.41-0.32-0.050.760.72-0.310.55
-0.47-0.75-0.12-0.490.3-0.7-0.11-0.53-0.58-0.24-0.570.02-0.29-0.43-0.390.73-0.47-0.38-0.6-0.280.26-0.53-0.6-0.24-0.22
0.450.79-0.360.66-0.90.150.310.110.520.36-0.01-0.510.370.49-0.39-0.440.950.450.22-0.06-0.210.410.4-0.10.0
-0.56-0.860.32-0.580.32-0.490.06-0.58-0.73-0.42-0.46-0.11-0.45-0.630.73-0.44-0.53-0.49-0.91-0.240.23-0.86-0.94-0.24-0.18
0.590.82-0.330.85-0.870.360.170.20.570.490.16-0.440.510.57-0.470.95-0.530.570.330.0-0.080.480.48-0.030.22
0.990.54-0.360.65-0.090.61-0.67-0.150.730.97-0.06-0.430.980.85-0.380.45-0.490.570.24-0.450.070.70.64-0.450.65
0.330.69-0.240.44-0.220.340.040.810.470.210.660.440.230.41-0.60.22-0.910.330.240.55-0.30.630.760.570.07
-0.330.170.310.11-0.230.010.540.92-0.24-0.450.850.75-0.44-0.32-0.28-0.06-0.240.0-0.450.55-0.17-0.27-0.11.0-0.26
0.09-0.330.180.160.160.36-0.35-0.24-0.020.10.08-0.040.11-0.050.26-0.210.23-0.080.07-0.3-0.17-0.14-0.17-0.150.46
0.70.73-0.480.48-0.150.45-0.360.10.80.640.01-0.240.660.76-0.530.41-0.860.480.70.63-0.27-0.140.98-0.260.3
0.660.78-0.450.52-0.190.46-0.280.270.790.580.17-0.10.60.72-0.60.4-0.940.480.640.76-0.1-0.170.98-0.080.26
-0.330.130.290.09-0.190.00.490.92-0.24-0.440.850.77-0.43-0.31-0.24-0.1-0.24-0.03-0.450.571.0-0.15-0.26-0.08-0.24
0.680.12-0.150.550.150.8-0.66-0.110.440.640.21-0.240.640.55-0.220.0-0.180.220.650.07-0.260.460.30.26-0.24
Click cells to compare fundamentals

Titan Pharmaceuticals Account Relationship Matchups

Titan Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5M8.1M8.0M4.1M8.1M7.7M
Short Long Term Debt Total4.4M809K299K187K565K536.8K
Other Current Liab1.9M2.0M1.5M1.6M519K493.1K
Total Current Liabilities3.6M4.2M2.7M2.6M1.4M1.4M
Total Stockholder Equity1.4M3.5M5.1M1.4M6.6M6.3M
Property Plant And Equipment Net1.2M759K717K407K68K64.6K
Net Debt(782K)(4.6M)(5.7M)(2.8M)(6.2M)(6.5M)
Retained Earnings(349.0M)(367.3M)(376.1M)(386.3M)(391.8M)(372.2M)
Accounts Payable1.4M1.3M795K695K348K330.6K
Cash5.2M5.4M6.0M2.9M6.8M8.3M
Non Current Assets Total1.2M759K765K455K68.0K64.6K
Non Currrent Assets Other794K(1.2M)(759K)48K(1.0)(0.95)
Cash And Short Term Investments5.2M5.4M6.0M2.9M6.8M6.4M
Net Receivables993K884K112K36K1.0M1.6M
Common Stock Shares Outstanding1.3K188.7K486.5K671.7K752K789.6K
Liabilities And Stockholders Equity9.5M8.1M8.0M4.1M8.1M7.7M
Non Current Liabilities Total3.8M4.5M332K187K65K0.0
Other Stockholder Equity350.4M370.8M381.2M387.6M398.5M418.4M
Total Liab8.1M4.6M2.9M2.7M1.4M1.4M
Total Current Assets8.3M7.3M7.2M3.6M8.0M7.6M
Short Term Debt272K477K112K122K565K1.1M
Other Current Assets1.1M522K480K314K199K189.1K
Property Plant And Equipment Gross1.2M618K2.1M2M774K883.3K
Common Stock57K7K10K15K1K950.0
Property Plant Equipment794K1.2M759K717K824.6K826.4K
Long Term Debt3.6M3.8M4.0M332K298.8K283.9K
Retained Earnings Total Equity(323.3M)(332.6M)(349.0M)(367.3M)(330.6M)(347.1M)
Net Tangible Assets6.8M1.4M3.5M5.1M4.6M4.7M
Capital Surpluse26.3M339.4M350.4M370.8M426.4M447.7M
Net Invested Capital5.5M4.2M5.1M1.4M7.1M4.8M

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Additional Tools for Titan Stock Analysis

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