Essa Pharma Stock Current Asset

EPIX Stock  USD 1.79  0.02  1.10%   
ESSA Pharma fundamentals help investors to digest information that contributes to ESSA Pharma's financial success or failures. It also enables traders to predict the movement of ESSA Stock. The fundamental analysis module provides a way to measure ESSA Pharma's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ESSA Pharma stock.
At this time, ESSA Pharma's Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to rise to about 1.2 M in 2024, whereas Net Current Asset Value is likely to drop 684.89 in 2024.
  
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ESSA Pharma Company Current Asset Analysis

ESSA Pharma's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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Liquid Assets

More About Current Asset | All Equity Analysis

Current ESSA Pharma Current Asset

    
  10.02 M  
Most of ESSA Pharma's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ESSA Pharma is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ESSA Current Asset Historical Pattern

Today, most investors in ESSA Pharma Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESSA Pharma's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ESSA Pharma current asset as a starting point in their analysis.
   ESSA Pharma Current Asset   
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

ESSA Total Assets

Total Assets

180.06 Million

At this time, ESSA Pharma's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, ESSA Pharma has a Current Asset of 10.02 M. This is 99.53% lower than that of the Biotechnology sector and 99.06% lower than that of the Health Care industry. The current asset for all United States stocks is 99.89% higher than that of the company.

ESSA Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESSA Pharma's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ESSA Pharma could also be used in its relative valuation, which is a method of valuing ESSA Pharma by comparing valuation metrics of similar companies.
ESSA Pharma is currently under evaluation in current asset category among its peers.

ESSA Pharma Current Valuation Drivers

We derive many important indicators used in calculating different scores of ESSA Pharma from analyzing ESSA Pharma's financial statements. These drivers represent accounts that assess ESSA Pharma's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ESSA Pharma's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.4M28.4M154.9M80.1M136.2M61.5K
Enterprise Value3.1M(21.2M)98.6M23.3M102.6M60.7K

ESSA Fundamentals

About ESSA Pharma Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ESSA Pharma's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESSA Pharma using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESSA Pharma based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for ESSA Stock Analysis

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