Sol Total Current Liabilities from 2010 to 2024

SLGL Stock  USD 1.65  1.22  283.72%   
Sol Gel Total Current Liabilities yearly trend continues to be quite stable with very little volatility. The value of Total Current Liabilities is projected to decrease to about 4.3 M. Total Current Liabilities is the total amount of liabilities that Sol Gel Technologies is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2015-12-31
Previous Quarter
5.2 M
Current Value
6.5 M
Quarterly Volatility
21.8 M
 
Yuan Drop
 
Covid
Check Sol Gel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sol Gel's main balance sheet or income statement drivers, such as Interest Expense of 1.6 M, Selling General Administrative of 6.8 M or Total Revenue of 1.5 M, as well as many indicators such as Price To Sales Ratio of 18.38, Dividend Yield of 0.0 or PTB Ratio of 0.82. Sol financial statements analysis is a perfect complement when working with Sol Gel Valuation or Volatility modules.
  
Check out the analysis of Sol Gel Correlation against competitors.

Latest Sol Gel's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Sol Gel Technologies over the last few years. Total Current Liabilities is an item on Sol Gel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sol Gel Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. Sol Gel's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sol Gel's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Very volatile
   Total Current Liabilities   
       Timeline  

Sol Total Current Liabilities Regression Statistics

Arithmetic Mean12,831,727
Geometric Mean7,618,629
Coefficient Of Variation140.38
Mean Deviation11,929,709
Median4,661,000
Standard Deviation18,013,516
Sample Variance324.5T
Range63.9M
R-Value(0.04)
Mean Square Error349T
R-Squared0
Significance0.90
Slope(142,899)
Total Sum of Squares4542.8T

Sol Total Current Liabilities History

20244.3 M
20234.5 M
20223.3 M
202111.7 M
2020M
20196.5 M
20184.9 M

About Sol Gel Financial Statements

Sol Gel investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Sol Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities4.5 M4.3 M

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When determining whether Sol Gel Technologies is a strong investment it is important to analyze Sol Gel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sol Gel's future performance. For an informed investment choice regarding Sol Stock, refer to the following important reports:
Check out the analysis of Sol Gel Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Pharmaceuticals space 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 Sol Gel. If investors know Sol 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 Sol Gel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
0.235
Quarterly Revenue Growth
8.146
Return On Assets
(0.22)
Return On Equity
(0.36)
The market value of Sol Gel Technologies is measured differently than its book value, which is the value of Sol that is recorded on the company's balance sheet. Investors also form their own opinion of Sol Gel's value that differs from its market value or its book value, called intrinsic value, which is Sol Gel'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 Sol Gel's market value can be influenced by many factors that don't directly affect Sol Gel'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 Sol Gel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sol Gel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sol Gel'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.