Cipher Retained Earnings vs Cash Analysis

CPH Stock

CAD 14.36 0.36 2.57%

Cipher Pharmaceuticals financial indicator trend analysis is way more than just evaluating Cipher Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cipher Pharmaceuticals is a good investment. Please check the relationship between Cipher Pharmaceuticals Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cipher Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cipher Pharmaceuticals Retained Earnings account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Cipher Pharmaceuticals' Retained Earnings and Cash is 0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Cipher Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Cipher Pharmaceuticals' Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Cipher Pharmaceuticals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Cipher Pharmaceuticals' Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Cipher Pharmaceuticals, which is listed under current asset account on Cipher Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cipher Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different Cipher Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Cipher Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cipher Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cipher Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Cipher Pharmaceuticals' Selling General Administrative is very stable compared to the past year. As of the 17th of December 2024, Discontinued Operations is likely to grow to about 196.8 K, though Tax Provision is likely to grow to (7.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	18.3M	16.7M	17.1M	16.3M
Total Revenue	21.9M	20.7M	21.2M	18.1M

Gross Profit Total Revenue

Cipher Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.64	0.37	0.54	0.59	-0.11	-0.46	-0.02	0.58	0.46	0.66	0.8	0.28	0.57	0.66	0.36	0.24	0.61	0.52	0.62	-0.51	0.65	-0.07	0.84	0.59	0.61
Short Long Term Debt Total	0.64		0.69	0.61	-0.07	-0.08	-0.29	0.56	0.09	0.53	0.29	0.47	0.39	0.03	0.29	0.43	-0.13	0.99	0.01	0.86	-0.07	0.94	-0.12	0.54	0.97	0.85
Other Current Liab	0.37	0.69		0.84	-0.3	-0.05	-0.4	0.53	-0.02	0.65	0.17	0.07	0.41	-0.16	0.17	0.6	-0.16	0.7	-0.15	0.52	-0.12	0.84	-0.09	0.49	0.65	0.38
Total Current Liabilities	0.54	0.61	0.84		-0.05	-0.05	-0.38	0.45	0.22	0.76	0.22	0.3	0.28	-0.04	0.22	0.73	-0.07	0.6	-0.01	0.57	-0.4	0.82	-0.09	0.58	0.54	0.46
Total Stockholder Equity	0.59	-0.07	-0.3	-0.05		-0.05	-0.3	-0.68	0.74	-0.03	0.75	0.71	0.15	0.92	0.75	-0.09	0.37	-0.11	0.89	-0.03	-0.54	-0.13	0.02	0.44	-0.06	0.03
Property Plant And Equipment Net	-0.11	-0.08	-0.05	-0.05	-0.05		-0.26	0.15	-0.11	-0.35	-0.24	0.0	-0.26	-0.23	-0.24	-0.12	-0.12	-0.14	-0.13	-0.07	-0.22	-0.11	0.99	-0.19	0.0	-0.05
Current Deferred Revenue	-0.46	-0.29	-0.4	-0.38	-0.3	-0.26		-0.06	-0.42	-0.09	-0.27	-0.47	0.16	-0.29	-0.27	-0.04	-0.27	-0.22	-0.49	-0.23	0.51	-0.3	-0.28	-0.29	-0.39	-0.16
Net Debt	-0.02	0.56	0.53	0.45	-0.68	0.15	-0.06		-0.3	0.25	-0.6	0.01	-0.03	-0.69	-0.6	0.28	-0.31	0.55	-0.57	0.64	0.09	0.59	0.07	-0.21	0.59	0.62
Retained Earnings	0.58	0.09	-0.02	0.22	0.74	-0.11	-0.42	-0.3		0.36	0.48	0.69	0.07	0.71	0.48	0.3	0.3	0.03	0.8	0.14	-0.87	0.08	-0.07	0.38	0.08	0.16
Accounts Payable	0.46	0.53	0.65	0.76	-0.03	-0.35	-0.09	0.25	0.36		0.31	0.13	0.41	0.07	0.31	0.92	-0.13	0.55	-0.03	0.52	-0.32	0.68	-0.37	0.63	0.39	0.4
Cash	0.66	0.29	0.17	0.22	0.75	-0.24	-0.27	-0.6	0.48	0.31		0.47	0.49	0.84	1.0	0.17	0.22	0.3	0.7	0.1	-0.26	0.26	-0.19	0.79	0.24	0.07
Non Current Assets Total	0.8	0.47	0.07	0.3	0.71	0.0	-0.47	0.01	0.69	0.13	0.47		0.16	0.62	0.47	0.03	0.26	0.41	0.7	0.56	-0.58	0.39	0.03	0.39	0.52	0.63
Non Currrent Assets Other	0.28	0.39	0.41	0.28	0.15	-0.26	0.16	-0.03	0.07	0.41	0.49	0.16		0.3	0.49	0.25	-0.3	0.42	0.14	0.23	0.04	0.39	-0.26	0.41	0.32	0.21
Other Assets	0.57	0.03	-0.16	-0.04	0.92	-0.23	-0.29	-0.69	0.71	0.07	0.84	0.62	0.3		0.84	-0.04	0.47	0.0	0.89	-0.07	-0.44	-0.05	-0.16	0.51	0.02	-0.03
Cash And Short Term Investments	0.66	0.29	0.17	0.22	0.75	-0.24	-0.27	-0.6	0.48	0.31	1.0	0.47	0.49	0.84		0.17	0.22	0.3	0.7	0.1	-0.26	0.26	-0.19	0.79	0.24	0.07
Net Receivables	0.36	0.43	0.6	0.73	-0.09	-0.12	-0.04	0.28	0.3	0.92	0.17	0.03	0.25	-0.04	0.17		-0.15	0.45	-0.19	0.46	-0.35	0.61	-0.16	0.56	0.27	0.33
Common Stock Shares Outstanding	0.24	-0.13	-0.16	-0.07	0.37	-0.12	-0.27	-0.31	0.3	-0.13	0.22	0.26	-0.3	0.47	0.22	-0.15		-0.15	0.36	-0.17	-0.23	-0.13	-0.07	0.14	-0.1	-0.13
Non Current Liabilities Total	0.61	0.99	0.7	0.6	-0.11	-0.14	-0.22	0.55	0.03	0.55	0.3	0.41	0.42	0.0	0.3	0.45	-0.15		-0.05	0.86	0.01	0.94	-0.17	0.55	0.95	0.83
Inventory	0.52	0.01	-0.15	-0.01	0.89	-0.13	-0.49	-0.57	0.8	-0.03	0.7	0.7	0.14	0.89	0.7	-0.19	0.36	-0.05		-0.08	-0.59	-0.08	-0.06	0.33	0.07	-0.02
Other Current Assets	0.62	0.86	0.52	0.57	-0.03	-0.07	-0.23	0.64	0.14	0.52	0.1	0.56	0.23	-0.07	0.1	0.46	-0.17	0.86	-0.08		-0.09	0.84	-0.11	0.4	0.84	0.97
Other Stockholder Equity	-0.51	-0.07	-0.12	-0.4	-0.54	-0.22	0.51	0.09	-0.87	-0.32	-0.26	-0.58	0.04	-0.44	-0.26	-0.35	-0.23	0.01	-0.59	-0.09		-0.13	-0.25	-0.31	-0.06	-0.1
Total Liab	0.65	0.94	0.84	0.82	-0.13	-0.11	-0.3	0.59	0.08	0.68	0.26	0.39	0.39	-0.05	0.26	0.61	-0.13	0.94	-0.08	0.84	-0.13		-0.15	0.62	0.88	0.77
Property Plant And Equipment Gross	-0.07	-0.12	-0.09	-0.09	0.02	0.99	-0.28	0.07	-0.07	-0.37	-0.19	0.03	-0.26	-0.16	-0.19	-0.16	-0.07	-0.17	-0.06	-0.11	-0.25	-0.15		-0.16	-0.03	-0.08
Total Current Assets	0.84	0.54	0.49	0.58	0.44	-0.19	-0.29	-0.21	0.38	0.63	0.79	0.39	0.41	0.51	0.79	0.56	0.14	0.55	0.33	0.4	-0.31	0.62	-0.16		0.42	0.32
Short Term Debt	0.59	0.97	0.65	0.54	-0.06	0.0	-0.39	0.59	0.08	0.39	0.24	0.52	0.32	0.02	0.24	0.27	-0.1	0.95	0.07	0.84	-0.06	0.88	-0.03	0.42		0.84
Intangible Assets	0.61	0.85	0.38	0.46	0.03	-0.05	-0.16	0.62	0.16	0.4	0.07	0.63	0.21	-0.03	0.07	0.33	-0.13	0.83	-0.02	0.97	-0.1	0.77	-0.08	0.32	0.84

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Cipher Pharmaceuticals Account Relationship Matchups

Cipher Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.5M	44.3M	51.7M	73.8M	86.0M	46.4M
Short Long Term Debt Total	9.6M	1.8M	516K	428K	353K	335.4K
Other Current Liab	4.5M	5.2M	450K	257K	295.6K	280.8K
Total Current Liabilities	16.6M	9.9M	12.3M	9.4M	5.3M	10.3M
Total Stockholder Equity	28.0M	32.6M	38.9M	64.1M	80.5M	84.5M
Property Plant And Equipment Net	2.2M	1.9M	501K	481K	402K	640.4K
Current Deferred Revenue	274K	307K	450K	257K	519K	714.3K
Net Debt	3.2M	(7.3M)	(20.0M)	(28.4M)	(39.5M)	(37.5M)
Retained Earnings	13.9M	18.4M	25.2M	50.5M	66.3M	69.6M
Accounts Payable	4.1M	1.6M	5.6M	4.1M	4.6M	5.6M
Cash	6.3M	9.1M	20.5M	28.8M	39.8M	41.8M
Non Current Assets Total	29.2M	24.1M	22.3M	35.6M	37.8M	39.6M
Non Currrent Assets Other	(28.3M)	(21.8M)	(19.9M)	(18.9M)	19.9M	20.9M
Other Assets	943K	2.4M	2.5M	16.7M	19.2M	20.1M
Cash And Short Term Investments	6.3M	9.1M	20.5M	28.8M	39.8M	41.8M
Net Receivables	8.9M	9.2M	6.7M	6.8M	5.1M	8.6M
Common Stock Shares Outstanding	27.0M	27.4M	26.8M	107.5M	25.4M	32.1M
Liabilities And Stockholders Equity	46.5M	44.3M	51.7M	73.8M	86.0M	46.4M
Non Current Liabilities Total	1.8M	1.7M	460K	327K	259K	246.1K
Inventory	1.0M	892K	1.7M	2.2M	3.0M	3.1M
Other Current Assets	963.0K	875K	471K	371K	378K	359.1K
Other Stockholder Equity	5.0M	5.1M	5.1M	5.4M	5.8M	5.5M
Total Liab	18.4M	11.6M	12.8M	9.7M	5.5M	5.2M
Property Plant And Equipment Gross	2.2M	1.9M	641K	716K	756K	686.7K
Total Current Assets	17.2M	20.1M	29.3M	38.2M	48.3M	27.9M
Short Term Debt	7.7M	137K	56K	101K	94K	89.3K
Intangible Assets	10.4M	4.2M	3.6M	2.8M	1.8M	1.7M
Common Stock	18.7M	18.7M	18.1M	17.7M	18.0M	14.7M
Other Liab	1.2M	19K	8K	5K	4.5K	4.3K
Net Tangible Assets	1.9M	12.8M	19.5M	45.6M	41.1M	43.1M
Property Plant Equipment	2.2M	1.9M	501K	481K	553.2K	788.2K
Long Term Debt Total	1.8M	1.7M	460K	327K	294.3K	279.6K
Capital Surpluse	5.0M	5.1M	5.1M	5.4M	6.2M	5.6M
Net Invested Capital	35.6M	32.6M	38.9M	64.1M	80.5M	52.7M
Net Working Capital	615K	10.2M	17.0M	28.8M	43.0M	45.2M

Pair Trading with Cipher 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 Cipher 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 Cipher Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Cipher 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 Cipher 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 Cipher 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 Cipher Pharmaceuticals to buy it.

The correlation of Cipher 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 Cipher Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher 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 Cipher 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 Correlation Correlation Matching

Other Information on Investing in Cipher Stock

Balance Sheet is a snapshot of the financial position of Cipher Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Cipher Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cipher Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cipher currently owns. An asset can also be divided into two categories, current and non-current.

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Cipher Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Cipher Pharmaceuticals fundamental ratios Correlations

Cipher Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cipher Pharmaceuticals fundamental ratios Accounts

Pair Trading with Cipher Pharmaceuticals

Other Information on Investing in Cipher Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Short Term Debt	+ 0.97	Short Long Term Debt Total
Intangible Assets	+ 0.97	Other Current Assets
Short Term Debt	+ 0.95	Non Current Liabilities Total

Other Stockholder Equity	- 0.87	Retained Earnings
Other Assets	- 0.69	Net Debt
Net Debt	- 0.68	Total Stockholder Equity
Cash And Short Term Investments	- 0.6	Net Debt
Cash	- 0.6	Net Debt
Other Stockholder Equity	- 0.59	Inventory