Praxis Net Debt from 2010 to 2024

PRAX Stock  USD 74.68  0.18  0.24%   
Praxis Precision Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about -82.7 M in 2024. Net Debt is the total debt of Praxis Precision Medicines minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
-78.8 M
Current Value
-82.7 M
Quarterly Volatility
74.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Praxis Precision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Praxis Precision's main balance sheet or income statement drivers, such as Net Interest Income of 109.3 K, Interest Income of 155.8 K or Depreciation And Amortization of 240.9 K, as well as many indicators such as Price To Sales Ratio of 48.03, Dividend Yield of 0.0 or PTB Ratio of 1.62. Praxis financial statements analysis is a perfect complement when working with Praxis Precision Valuation or Volatility modules.
  
Check out the analysis of Praxis Precision Correlation against competitors.

Latest Praxis Precision's Net Debt Growth Pattern

Below is the plot of the Net Debt of Praxis Precision Medicines over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Praxis Precision's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Praxis Precision's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Praxis Net Debt Regression Statistics

Arithmetic Mean(56,920,283)
Coefficient Of Variation(131.21)
Mean Deviation48,572,911
Median(17,950,000)
Standard Deviation74,682,702
Sample Variance5577.5T
Range277.9M
R-Value(0.51)
Mean Square Error4470.2T
R-Squared0.26
Significance0.05
Slope(8,445,592)
Total Sum of Squares78085.1T

Praxis Net Debt History

2024-82.7 M
2023-78.8 M
2022-57.1 M
2021-134.4 M
2020-295.8 M
2019-43.4 M

Other Fundumenentals of Praxis Precision Med

Praxis Precision Net Debt component correlations

1.00.98-0.91-0.480.530.740.981.00.471.00.470.750.660.41-0.15
1.00.97-0.93-0.420.450.680.981.00.441.00.440.710.620.35-0.13
0.980.97-0.9-0.540.550.741.00.980.540.970.540.670.660.49-0.25
-0.91-0.93-0.90.31-0.26-0.46-0.91-0.91-0.36-0.93-0.36-0.44-0.35-0.220.12
-0.48-0.42-0.540.31-0.72-0.74-0.52-0.47-0.94-0.42-0.94-0.49-0.58-0.960.79
0.530.450.55-0.26-0.720.950.550.530.480.460.480.60.580.72-0.17
0.740.680.74-0.46-0.740.950.740.730.560.680.560.80.760.74-0.24
0.980.981.0-0.91-0.520.550.740.980.510.980.510.670.650.46-0.21
1.01.00.98-0.91-0.470.530.730.980.461.00.460.740.650.4-0.15
0.470.440.54-0.36-0.940.480.560.510.460.441.00.440.570.88-0.91
1.01.00.97-0.93-0.420.460.680.981.00.440.440.710.620.35-0.13
0.470.440.54-0.36-0.940.480.560.510.461.00.440.440.570.88-0.91
0.750.710.67-0.44-0.490.60.80.670.740.440.710.440.920.52-0.19
0.660.620.66-0.35-0.580.580.760.650.650.570.620.570.920.66-0.39
0.410.350.49-0.22-0.960.720.740.460.40.880.350.880.520.66-0.79
-0.15-0.13-0.250.120.79-0.17-0.24-0.21-0.15-0.91-0.13-0.91-0.19-0.39-0.79
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About Praxis Precision Financial Statements

Praxis Precision investors use historical fundamental indicators, such as Praxis Precision's Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Praxis Precision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-78.8 M-82.7 M
Net Debt To EBITDA 0.63  0.59 

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When running Praxis Precision's price analysis, check to measure Praxis Precision's 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 Praxis Precision is operating at the current time. Most of Praxis Precision's value examination focuses on studying past and present price action to predict the probability of Praxis Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praxis Precision's price. Additionally, you may evaluate how the addition of Praxis Precision to your portfolios can decrease your overall portfolio volatility.