Tonix Total Assets from 2010 to 2024

TNXP Stock  USD 0.19  0.01  5.00%   
Tonix Pharmaceuticals Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 162.2 M this year. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2008-03-31
Previous Quarter
70.3 M
Current Value
95 M
Quarterly Volatility
75.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tonix Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tonix Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 9.6 M, Selling General Administrative of 36.5 M or Gross Profit of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.44 or PTB Ratio of 0.0683. Tonix financial statements analysis is a perfect complement when working with Tonix Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Tonix Pharmaceuticals Correlation against competitors.

Latest Tonix Pharmaceuticals' Total Assets Growth Pattern

Below is the plot of the Total Assets of Tonix Pharmaceuticals Holding over the last few years. Total assets refers to the total amount of Tonix Pharmaceuticals 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 Tonix Pharmaceuticals 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. It is 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. Tonix Pharmaceuticals' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tonix Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 154.46 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Tonix Total Assets Regression Statistics

Arithmetic Mean71,629,028
Geometric Mean19,659,485
Coefficient Of Variation116.83
Mean Deviation69,768,628
Median27,510,000
Standard Deviation83,682,922
Sample Variance7002.8T
Range240.9M
R-Value0.80
Mean Square Error2659.6T
R-Squared0.65
Significance0.0003
Slope15,055,210
Total Sum of Squares98039.6T

Tonix Total Assets History

2024162.2 M
2023154.5 M
2022225.7 M
2021240.9 M
202098.2 M
201914.6 M
201826.3 M

Other Fundumenentals of Tonix Pharmaceuticals

Tonix Pharmaceuticals Total Assets component correlations

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0.94-0.92-0.680.850.250.490.960.750.940.80.70.56-0.080.76-0.180.220.140.65-0.080.970.910.76
-0.8-0.920.42-0.74-0.17-0.2-0.98-0.86-0.94-0.57-0.55-0.42-0.16-0.550.170.070.16-0.35-0.16-0.86-0.97-0.87
-0.84-0.680.42-0.61-0.27-0.91-0.56-0.36-0.58-0.94-0.51-0.820.69-0.980.34-0.81-0.75-0.930.69-0.73-0.4-0.38
0.830.85-0.74-0.610.130.530.810.690.790.740.820.54-0.170.68-0.180.320.240.62-0.170.850.780.69
0.230.25-0.17-0.270.130.150.290.090.280.20.220.110.00.270.530.090.050.10.00.120.10.1
0.730.49-0.2-0.910.530.150.370.290.410.910.490.68-0.880.89-0.220.950.930.94-0.880.60.230.3
0.890.96-0.98-0.560.810.290.370.860.970.70.630.50.00.68-0.110.10.010.490.00.910.960.87
0.690.75-0.86-0.360.690.090.290.860.880.540.450.430.010.5-0.220.06-0.010.280.010.740.891.0
0.880.94-0.94-0.580.790.280.410.970.880.710.610.56-0.030.69-0.170.130.050.51-0.030.910.940.89
0.940.8-0.57-0.940.740.20.910.70.540.710.640.72-0.660.97-0.240.750.70.95-0.660.870.590.55
0.690.7-0.55-0.510.820.220.490.630.450.610.640.27-0.180.560.040.330.260.56-0.180.670.550.44
0.680.56-0.42-0.820.540.110.680.50.430.560.720.27-0.490.81-0.480.570.520.69-0.490.620.420.46
-0.4-0.08-0.160.69-0.170.0-0.880.00.01-0.03-0.66-0.18-0.49-0.650.17-0.94-0.95-0.761.0-0.250.130.01
0.910.76-0.55-0.980.680.270.890.680.50.690.970.560.81-0.65-0.310.750.690.91-0.650.820.540.53
-0.22-0.180.170.34-0.180.53-0.22-0.11-0.22-0.17-0.240.04-0.480.17-0.31-0.2-0.18-0.290.17-0.3-0.23-0.24
0.50.220.07-0.810.320.090.950.10.060.130.750.330.57-0.940.75-0.20.990.83-0.940.34-0.050.07
0.430.140.16-0.750.240.050.930.01-0.010.050.70.260.52-0.950.69-0.180.990.8-0.950.27-0.13-0.01
0.830.65-0.35-0.930.620.10.940.490.280.510.950.560.69-0.760.91-0.290.830.8-0.760.750.380.3
-0.4-0.08-0.160.69-0.170.0-0.880.00.01-0.03-0.66-0.18-0.491.0-0.650.17-0.94-0.95-0.76-0.250.130.01
0.970.97-0.86-0.730.850.120.60.910.740.910.870.670.62-0.250.82-0.30.340.270.75-0.250.890.76
0.80.91-0.97-0.40.780.10.230.960.890.940.590.550.420.130.54-0.23-0.05-0.130.380.130.890.9
0.710.76-0.87-0.380.690.10.30.871.00.890.550.440.460.010.53-0.240.07-0.010.30.010.760.9
Click cells to compare fundamentals

About Tonix Pharmaceuticals Financial Statements

Tonix Pharmaceuticals shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Tonix Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Tonix Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tonix Pharmaceuticals' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets154.5 M162.2 M
Intangibles To Total Assets 0.07  0.07 

Pair Trading with Tonix Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tonix Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tonix Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tonix Stock

  0.61VALN Valneva SE ADRPairCorr

Moving against Tonix Stock

  0.63NXGLW NexGel WarrantPairCorr
The ability to find closely correlated positions to Tonix Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tonix Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tonix Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tonix Pharmaceuticals Holding to buy it.
The correlation of Tonix Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tonix Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tonix Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tonix Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tonix Stock Analysis

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