Purple Biotech Stock Total Asset

PPBT Stock  USD 2.54  0.07  2.83%   
Purple Biotech fundamentals help investors to digest information that contributes to Purple Biotech's financial success or failures. It also enables traders to predict the movement of Purple Stock. The fundamental analysis module provides a way to measure Purple Biotech'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 Purple Biotech stock.
Last ReportedProjected for Next Year
Total Assets44.3 M32.4 M
Intangibles To Total Assets 0.63  0.32 
Total Assets is likely to drop to about 32.4 M in 2024. Intangibles To Total Assets is likely to drop to 0.32 in 2024.
  
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Purple Biotech Company Total Asset Analysis

Purple Biotech's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Purple Biotech Total Asset

    
  44.3 M  
Most of Purple Biotech's fundamental indicators, such as Total 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, Purple Biotech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Purple Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Purple Biotech is extremely important. It helps to project a fair market value of Purple Stock properly, considering its historical fundamentals such as Total Asset. Since Purple Biotech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Purple Biotech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Purple Biotech's interrelated accounts and indicators.
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Click cells to compare fundamentals

Purple Total Asset Historical Pattern

Today, most investors in Purple Biotech Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Purple Biotech'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 total 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 Purple Biotech total asset as a starting point in their analysis.
   Purple Biotech Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Purple Total Assets

Total Assets

32.43 Million

At this time, Purple Biotech's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Purple Biotech has a Total Asset of 44.3 M. This is 99.41% lower than that of the Biotechnology sector and 97.76% lower than that of the Health Care industry. The total asset for all United States stocks is 99.85% higher than that of the company.

Purple Total Asset Peer Comparison

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

Purple Biotech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Purple Biotech from analyzing Purple Biotech's financial statements. These drivers represent accounts that assess Purple Biotech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Purple Biotech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.3M44.8M67.6M26.2M20.2M16.9M
Enterprise Value10.1M34.5M57.4M11.7M6.1M11.0M

Purple Biotech ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Purple Biotech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Purple Biotech's managers, analysts, and investors.
Environmental
Governance
Social

Purple Biotech Institutional Holders

Institutional Holdings refers to the ownership stake in Purple Biotech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Purple Biotech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Purple Biotech's value.
Shares
Group One Trading, Lp2024-06-30
400
Rhumbline Advisers2024-06-30
16.0
Global Retirement Partners, Llc.2024-09-30
16.0
Sound Income Strategies2024-09-30
0.0
Venture Visionary Partners Llc2024-09-30
0.0
Millennium Management Llc2024-06-30
0.0
Kingswood Wealth Advisors Llc2024-09-30
0.0
North Star Investment Management Corp2024-09-30
0.0
Wealth Advisors Of Iowa, Llc2024-09-30
0.0
Armistice Capital, Llc2024-06-30
1.4 M
Morgan Stanley - Brokerage Accounts2024-06-30
406 K

Purple Fundamentals

About Purple Biotech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Purple Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purple Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purple Biotech 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Purple Stock Analysis

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