Durect Historical Balance Sheet
DRRX Stock | USD 0.88 0.03 3.30% |
Trend analysis of Durect balance sheet accounts such as Other Current Liabilities of 4.5 M or Total Current Liabilities of 14.7 M provides information on Durect's total assets, liabilities, and equity, which is the actual value of Durect to its prevalent stockholders. By breaking down trends over time using Durect balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Durect latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Durect is a good buy for the upcoming year.
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About Durect Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Durect at a specified time, usually calculated after every quarter, six months, or one year. Durect Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Durect 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 Durect currently owns. An asset can also be divided into two categories, current and non-current.
Durect Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Durect assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Durect books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Durect balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Durect are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Durect obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Durect are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Durect's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Durect current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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, which includes a position in Durect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Durect Stock please use our How to Invest in Durect guide.At this time, Durect's Total Liabilities is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 19.9 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 4.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 24.3M | 23.3M | 20.7M | 24.1M | Total Assets | 92.0M | 60.1M | 45.2M | 56.3M |
Durect balance sheet Correlations
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Durect Account Relationship Matchups
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Durect balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 86.0M | 75.6M | 92.0M | 60.1M | 45.2M | 56.3M | |
Short Long Term Debt Total | 26.8M | 25.8M | 24.3M | 23.3M | 20.7M | 24.1M | |
Other Current Liab | 6.3M | 4.6M | 5.0M | 7.9M | 5.8M | 4.5M | |
Total Current Liabilities | 36.8M | 10.7M | 10.1M | 18.1M | 27.0M | 14.7M | |
Total Stockholder Equity | 22.9M | 40.1M | 57.8M | 25.0M | 14.8M | 27.8M | |
Property Plant And Equipment Net | 6.5M | 5M | 3.7M | 2.1M | 4.1M | 3.7M | |
Net Debt | (8.1M) | 4.5M | (25.5M) | (20.2M) | (7.7M) | (8.0M) | |
Retained Earnings | (489.2M) | (489.8M) | (526.0M) | (561.4M) | (589.0M) | (559.6M) | |
Accounts Payable | 2.1M | 1.7M | 1.3M | 3.1M | 1.8M | 1.9M | |
Cash | 34.9M | 21.3M | 49.8M | 43.5M | 28.4M | 26.0M | |
Non Current Assets Total | 14.2M | 12.6M | 10.3M | 8.7M | 10.5M | 13.2M | |
Non Currrent Assets Other | 1.3M | 1.3M | 411K | 256K | 128.0K | 121.6K | |
Cash And Short Term Investments | 64.7M | 40.7M | 69.8M | 43.5M | 29.7M | 36.9M | |
Net Receivables | 2.3M | 940K | 6.5M | 3.4M | 1.3M | 1.2M | |
Common Stock Total Equity | 16K | 19K | 20K | 23K | 26.5K | 27.8K | |
Common Stock Shares Outstanding | 17.8M | 19.9M | 22.5M | 22.8M | 26.5M | 27.8M | |
Short Term Investments | 29.8M | 19.4M | 20.0M | 0.0 | 1.3M | 1.2M | |
Liabilities And Stockholders Equity | 86.0M | 75.6M | 92.0M | 60.1M | 45.2M | 56.3M | |
Non Current Liabilities Total | 26.4M | 24.8M | 24.2M | 17.0M | 3.4M | 3.2M | |
Inventory | 3.4M | 1.9M | 1.9M | 2.1M | 2.2M | 2.9M | |
Other Current Assets | 1.5M | 19.5M | 7.2M | 2.4M | 1.5M | 1.4M | |
Other Stockholder Equity | 512.0M | 529.9M | 583.8M | 586.4M | 603.8M | 392.2M | |
Total Liab | 63.2M | 35.5M | 34.2M | 35.1M | 30.4M | 39.1M | |
Property Plant And Equipment Gross | 6.5M | 5M | 3.7M | 2.1M | 19.0M | 19.9M | |
Total Current Assets | 71.8M | 63.1M | 81.7M | 51.4M | 34.7M | 43.1M | |
Common Stock | 16K | 19K | 20K | 23K | 26.5K | 27.8K | |
Long Term Debt | 20.3M | 19.9M | 20.6M | 15.9M | 14.3M | 14.2M | |
Property Plant Equipment | 469K | 251K | 3.7M | 188K | 169.2K | 160.7K | |
Other Liab | 1.6M | 1.7M | 1.7M | 851K | 765.9K | 727.6K | |
Current Deferred Revenue | 1.4M | 26.3M | 545K | 98K | 112.7K | 107.1K | |
Other Assets | 1.3M | 6.2M | 411K | 406K | 365.4K | 347.1K | |
Net Tangible Assets | 21.8M | 38.0M | 51.6M | 19.1M | 21.9M | 21.4M | |
Retained Earnings Total Equity | (489.2M) | (489.8M) | (526.0M) | (561.4M) | (505.2M) | (530.5M) | |
Capital Surpluse | 512.0M | 529.9M | 583.8M | 586.4M | 674.3M | 509.9M |
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When running Durect's price analysis, check to measure Durect'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 Durect is operating at the current time. Most of Durect's value examination focuses on studying past and present price action to predict the probability of Durect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durect's price. Additionally, you may evaluate how the addition of Durect to your portfolios can decrease your overall portfolio volatility.