Relmada Therapeutics Financials

RLMD Stock  USD 2.90  0.18  6.62%   
Based on the key indicators related to Relmada Therapeutics' liquidity, profitability, solvency, and operating efficiency, Relmada Therapeutics is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Relmada Therapeutics' Inventory is projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.6 M, whereas Total Current Liabilities is forecasted to decline to about 9.2 M. Key indicators impacting Relmada Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio9.267.9959
Fairly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Relmada Therapeutics includes many different criteria found on its balance sheet. An individual investor should monitor Relmada Therapeutics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Relmada Therapeutics.

Net Income

(93.85 Million)

  
Understanding current and past Relmada Therapeutics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Relmada Therapeutics' financial statements are interrelated, with each one affecting the others. For example, an increase in Relmada Therapeutics' assets may result in an increase in income on the income statement.
Please note, the presentation of Relmada Therapeutics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Relmada Therapeutics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Relmada Therapeutics' management manipulating its earnings.

Relmada Therapeutics Stock Summary

Relmada Therapeutics competes with Cytokinetics, Edgewise Therapeutics, Dyne Therapeutics, Third Harmonic, and Pmv Pharmaceuticals. Relmada Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing various products for the treatment of central nervous system diseases and other disorders. The company was founded in 2004 and is headquartered in Coral Gables, Florida. Relmada Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 10 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS75955J4022
CUSIP75955J402 75955J204 134010107 75955J105
LocationNew York; U.S.A
Business Address2222 Ponce de
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.relmada.com
Phone786 629 1376
CurrencyUSD - US Dollar

Relmada Therapeutics Key Financial Ratios

Relmada Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.2M118.2M223.3M152.9M97.6M60.8M
Net Debt(8.9M)(2.5M)(44.4M)(5.4M)(4.1M)(4.3M)
Retained Earnings(111.7M)(179.3M)(305.1M)(462.1M)(560.9M)(532.9M)
Accounts Payable924.4K8.3M11.2M5.3M3.5M3.0M
Cash9.2M2.5M44.4M5.4M4.1M3.9M
Inventory459K903.2K11.3M4.0M4.6M4.9M
Other Current Assets(55.0)903.2K11.3M4.0M1.2M1.6M
Total Liab2.6M12.6M15.1M12.5M12.2M9.4M
Total Current Assets10.0M118.1M223.3M152.9M97.5M60.6M
Common Stock9.7K16.3K27.7K30.1K27.1K16.5K
Other Current Liab(45.0)4.3M3.9M7.2M8.7M7.4M
Net Tangible Assets115.7M105.6M208.3M140.4M161.5M169.6M
Capital Surpluse88.8M119.2M235.5M602.5M692.9M727.5M
Other Assets190.8K111.4K28.3K34.9K31.4K29.8K
Net Receivables308.9K79.5K86.4K512.4K589.3K618.8K

Relmada Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Relmada Therapeutics's current stock value. Our valuation model uses many indicators to compare Relmada Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Relmada Therapeutics competition to find correlations between indicators driving Relmada Therapeutics's intrinsic value. More Info.
Relmada Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Relmada Therapeutics' Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Relmada Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Relmada Therapeutics Systematic Risk

Relmada Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Relmada Therapeutics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Relmada Therapeutics correlated with the market. If Beta is less than 0 Relmada Therapeutics generally moves in the opposite direction as compared to the market. If Relmada Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Relmada Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Relmada Therapeutics is generally in the same direction as the market. If Beta > 1 Relmada Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Relmada Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Relmada Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Relmada Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0347

At present, Relmada Therapeutics' Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting.

Relmada Therapeutics November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Relmada Therapeutics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Relmada Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Relmada Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Relmada Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Relmada Therapeutics's daily price indicators and compare them against related drivers.

Complementary Tools for Relmada Stock analysis

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