Durect Deferred Long Term Liab vs Short Long Term Debt Analysis

DRRX Stock  USD 1.01  0.15  17.44%   
Durect financial indicator trend analysis is much more than just examining Durect latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Durect is a good investment. Please check the relationship between Durect Deferred Long Term Liab and its Short Long Term Debt accounts. 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.

Deferred Long Term Liab vs Short Long Term Debt

Deferred Long Term Liab vs Short Long Term Debt Correlation Analysis

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

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Durect's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Durect 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, 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.Enterprise Value is likely to rise to about 171 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.0M17.7M6.8M6.5M
Total Revenue14.0M19.3M8.5M8.1M

Durect fundamental ratios Correlations

0.710.50.350.60.69-0.31-0.620.380.720.57-0.30.960.610.610.580.260.60.010.50.670.680.120.99-0.050.48
0.710.380.110.410.55-0.15-0.670.310.570.7-0.470.620.440.610.58-0.030.520.220.310.650.520.310.660.350.21
0.50.380.520.070.21-0.1-0.710.80.60.03-0.40.560.180.660.65-0.110.260.150.090.720.540.190.530.460.81
0.350.110.52-0.30.53-0.21-0.530.610.340.37-0.280.38-0.020.490.460.030.040.23-0.120.50.690.370.320.010.38
0.60.410.07-0.30.3-0.4-0.18-0.020.510.2-0.030.560.470.320.310.010.01-0.340.510.25-0.160.010.61-0.150.05
0.690.550.210.530.3-0.13-0.410.270.380.78-0.180.610.120.510.490.250.25-0.140.370.380.60.530.63-0.020.09
-0.31-0.15-0.1-0.21-0.4-0.130.26-0.37-0.72-0.010.07-0.42-0.51-0.36-0.340.510.160.290.1-0.28-0.04-0.1-0.340.270.14
-0.62-0.67-0.71-0.53-0.18-0.410.26-0.68-0.65-0.510.77-0.55-0.34-0.92-0.890.26-0.25-0.33-0.23-0.93-0.63-0.48-0.59-0.44-0.56
0.380.310.80.61-0.020.27-0.37-0.680.550.16-0.460.390.110.630.61-0.310.070.140.060.640.50.210.380.320.43
0.720.570.60.340.510.38-0.72-0.650.550.19-0.220.80.540.740.74-0.40.25-0.250.180.680.440.250.750.070.46
0.570.70.030.370.20.78-0.01-0.510.160.19-0.410.420.170.470.440.220.280.310.240.410.570.470.470.11-0.08
-0.3-0.47-0.4-0.28-0.03-0.180.070.77-0.46-0.22-0.41-0.18-0.35-0.63-0.60.15-0.14-0.4-0.21-0.68-0.38-0.38-0.26-0.53-0.22
0.960.620.560.380.560.61-0.42-0.550.390.80.42-0.180.660.580.550.210.54-0.050.280.610.660.110.97-0.050.51
0.610.440.18-0.020.470.12-0.51-0.340.110.540.17-0.350.660.240.210.160.480.080.030.460.28-0.210.630.010.11
0.610.610.660.490.320.51-0.36-0.920.630.740.47-0.630.580.241.0-0.420.07-0.010.240.80.530.690.580.450.51
0.580.580.650.460.310.49-0.34-0.890.610.740.44-0.60.550.211.0-0.450.05-0.060.250.760.510.710.560.470.51
0.26-0.03-0.110.030.010.250.510.26-0.31-0.40.220.150.210.16-0.42-0.450.470.30.15-0.130.24-0.40.25-0.270.06
0.60.520.260.040.010.250.16-0.250.070.250.28-0.140.540.480.070.050.470.230.330.360.66-0.310.60.00.41
0.010.220.150.23-0.34-0.140.29-0.330.14-0.250.31-0.4-0.050.08-0.01-0.060.30.23-0.260.290.32-0.14-0.030.130.08
0.50.310.09-0.120.510.370.1-0.230.060.180.24-0.210.280.030.240.250.150.33-0.260.320.12-0.050.5-0.190.28
0.670.650.720.50.250.38-0.28-0.930.640.680.41-0.680.610.460.80.76-0.130.360.290.320.570.240.660.290.62
0.680.520.540.69-0.160.6-0.04-0.630.50.440.57-0.380.660.280.530.510.240.660.320.120.570.260.650.140.51
0.120.310.190.370.010.53-0.1-0.480.210.250.47-0.380.11-0.210.690.71-0.4-0.31-0.14-0.050.240.260.060.450.01
0.990.660.530.320.610.63-0.34-0.590.380.750.47-0.260.970.630.580.560.250.6-0.030.50.660.650.06-0.070.52
-0.050.350.460.01-0.15-0.020.27-0.440.320.070.11-0.53-0.050.010.450.47-0.270.00.13-0.190.290.140.45-0.070.24
0.480.210.810.380.050.090.14-0.560.430.46-0.08-0.220.510.110.510.510.060.410.080.280.620.510.010.520.24
Click cells to compare fundamentals

Durect Account Relationship Matchups

Durect fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.0M75.6M92.0M60.1M45.2M56.3M
Short Long Term Debt Total26.8M25.8M24.3M23.3M20.7M24.1M
Other Current Liab6.3M4.6M5.0M7.9M5.8M4.5M
Total Current Liabilities36.8M10.7M10.1M18.1M27.0M14.7M
Total Stockholder Equity22.9M40.1M57.8M25.0M14.8M27.8M
Property Plant And Equipment Net6.5M5M3.7M2.1M4.1M3.7M
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 Payable2.1M1.7M1.3M3.1M1.8M1.9M
Cash34.9M21.3M49.8M43.5M28.4M26.0M
Non Current Assets Total14.2M12.6M10.3M8.7M10.5M13.2M
Non Currrent Assets Other1.3M1.3M411K256K128.0K121.6K
Cash And Short Term Investments64.7M40.7M69.8M43.5M29.7M36.9M
Net Receivables2.3M940K6.5M3.4M1.3M1.2M
Common Stock Total Equity16K19K20K23K26.5K27.8K
Common Stock Shares Outstanding17.8M19.9M22.5M22.8M26.5M27.8M
Short Term Investments29.8M19.4M20.0M0.01.3M1.2M
Liabilities And Stockholders Equity86.0M75.6M92.0M60.1M45.2M56.3M
Non Current Liabilities Total26.4M24.8M24.2M17.0M3.4M3.2M
Inventory3.4M1.9M1.9M2.1M2.2M2.9M
Other Current Assets1.5M19.5M7.2M2.4M1.5M1.4M
Other Stockholder Equity512.0M529.9M583.8M586.4M603.8M392.2M
Total Liab63.2M35.5M34.2M35.1M30.4M39.1M
Property Plant And Equipment Gross6.5M5M3.7M2.1M19.0M19.9M
Total Current Assets71.8M63.1M81.7M51.4M34.7M43.1M
Common Stock16K19K20K23K26.5K27.8K
Long Term Debt20.3M19.9M20.6M15.9M14.3M14.2M
Property Plant Equipment469K251K3.7M188K169.2K160.7K
Other Liab1.6M1.7M1.7M851K765.9K727.6K
Current Deferred Revenue1.4M26.3M545K98K112.7K107.1K
Other Assets1.3M6.2M411K406K365.4K347.1K
Net Tangible Assets21.8M38.0M51.6M19.1M21.9M21.4M
Retained Earnings Total Equity(489.2M)(489.8M)(526.0M)(561.4M)(505.2M)(530.5M)
Capital Surpluse512.0M529.9M583.8M586.4M674.3M509.9M

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