Dermata Non Current Assets Total vs Total Liab Analysis

DRMAW Stock  USD 0.01  0.00  0.00%   
Dermata Therapeutics financial indicator trend analysis is much more than just examining Dermata Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dermata Therapeutics is a good investment. Please check the relationship between Dermata Therapeutics Non Current Assets Total and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dermata Therapeutics Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dermata Therapeutics' Non Current Assets Total and Total Liab is -0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Dermata Therapeutics Warrant, assuming nothing else is changed. The correlation between historical values of Dermata Therapeutics' Non Current Assets Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Dermata Therapeutics Warrant are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Dermata Therapeutics' Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Dermata Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dermata Therapeutics 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is likely to climb to about 6.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense45.6K63.6K57.2K111.4K
Depreciation And Amortization14.1K9.7K8.0M8.4M

Dermata Therapeutics fundamental ratios Correlations

0.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.721.00.990.72-0.93-0.41
0.730.250.140.78-0.39-0.64-0.770.540.720.38-0.390.72-0.320.490.810.9-0.280.76-0.391.00.730.641.0-0.82-0.39
0.80.25-0.580.65-0.29-0.83-0.390.710.820.72-0.290.82-0.380.350.64-0.09-0.660.77-0.290.240.80.830.24-0.59-0.29
-0.440.14-0.58-0.440.140.570.28-0.56-0.45-0.120.14-0.45-0.01-0.13-0.40.470.91-0.410.140.15-0.44-0.580.150.390.14
0.950.780.65-0.44-0.59-0.96-0.90.790.950.49-0.590.95-0.420.630.970.55-0.770.96-0.590.780.950.930.78-1.0-0.59
-0.41-0.39-0.290.14-0.590.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
-0.98-0.64-0.830.57-0.960.50.77-0.81-0.98-0.630.5-0.980.39-0.54-0.94-0.330.82-0.970.5-0.63-0.98-0.99-0.630.930.5
-0.74-0.77-0.390.28-0.90.820.77-0.77-0.73-0.110.82-0.730.65-0.86-0.79-0.670.61-0.750.82-0.76-0.74-0.7-0.760.920.82
0.760.540.71-0.560.79-0.55-0.81-0.770.770.2-0.550.77-0.60.720.70.24-0.750.73-0.550.520.760.790.52-0.78-0.55
1.00.720.82-0.450.95-0.41-0.98-0.730.770.71-0.411.0-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
0.710.380.72-0.120.490.1-0.63-0.110.20.710.10.710.07-0.110.620.14-0.280.710.10.380.710.680.38-0.440.1
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.1-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.611.0
1.00.720.82-0.450.95-0.41-0.98-0.730.771.00.71-0.41-0.330.470.960.41-0.741.0-0.410.711.00.990.71-0.92-0.41
-0.32-0.32-0.38-0.01-0.420.890.390.65-0.6-0.330.070.89-0.33-0.94-0.23-0.370.13-0.30.89-0.29-0.32-0.26-0.290.440.89
0.470.490.35-0.130.63-0.95-0.54-0.860.720.47-0.11-0.950.47-0.940.430.5-0.350.45-0.950.470.470.420.47-0.65-0.95
0.970.810.64-0.40.97-0.4-0.94-0.790.70.960.62-0.40.96-0.230.430.54-0.740.98-0.40.810.970.950.81-0.96-0.4
0.420.9-0.090.470.55-0.47-0.33-0.670.240.410.14-0.470.41-0.370.50.540.060.47-0.470.90.420.290.9-0.6-0.47
-0.74-0.28-0.660.91-0.770.330.820.61-0.75-0.74-0.280.33-0.740.13-0.35-0.740.06-0.720.33-0.28-0.74-0.83-0.280.740.33
1.00.760.77-0.410.96-0.4-0.97-0.750.731.00.71-0.41.0-0.30.450.980.47-0.72-0.40.761.00.980.76-0.94-0.4
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.4-0.37-0.41-0.36-0.370.611.0
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.370.720.631.0-0.81-0.37
1.00.730.8-0.440.95-0.41-0.98-0.740.761.00.71-0.411.0-0.320.470.970.42-0.741.0-0.410.720.990.72-0.93-0.41
0.990.640.83-0.580.93-0.36-0.99-0.70.790.990.68-0.360.99-0.260.420.950.29-0.830.98-0.360.630.990.63-0.9-0.36
0.721.00.240.150.78-0.37-0.63-0.760.520.710.38-0.370.71-0.290.470.810.9-0.280.76-0.371.00.720.63-0.81-0.37
-0.93-0.82-0.590.39-1.00.610.930.92-0.78-0.92-0.440.61-0.920.44-0.65-0.96-0.60.74-0.940.61-0.81-0.93-0.9-0.810.61
-0.41-0.39-0.290.14-0.591.00.50.82-0.55-0.410.11.0-0.410.89-0.95-0.4-0.470.33-0.41.0-0.37-0.41-0.36-0.370.61
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Dermata Therapeutics Account Relationship Matchups

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