ESSA Property Plant And Equipment Net vs Long Term Debt Analysis

EPIX Stock  USD 1.79  0.02  1.10%   
ESSA Pharma financial indicator trend analysis is much more than just examining ESSA Pharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESSA Pharma is a good investment. Please check the relationship between ESSA Pharma Property Plant And Equipment Net and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.

Property Plant And Equipment Net vs Long Term Debt

Property Plant And Equipment Net vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESSA Pharma Property Plant And Equipment Net account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between ESSA Pharma's Property Plant And Equipment Net and Long Term Debt is 0.33. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of ESSA Pharma, assuming nothing else is changed. The correlation between historical values of ESSA Pharma's Property Plant And Equipment Net and 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 Property Plant And Equipment Net of ESSA Pharma are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., ESSA Pharma's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Debt

Long-term debt is a debt that ESSA Pharma has held for over one year. Long-term debt appears on ESSA Pharma balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ESSA Pharma balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from ESSA Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESSA Pharma 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 ESSA Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.Selling General Administrative is likely to drop to about 7.5 M in 2024. Tax Provision is likely to drop to 1,368 in 2024

ESSA Pharma fundamental ratios Correlations

0.590.371.0-0.75-0.950.270.760.290.490.930.440.9-0.031.00.010.99-0.291.00.820.59-0.150.950.630.610.97
0.590.020.6-0.83-0.43-0.080.810.210.390.380.620.4-0.170.59-0.070.48-0.180.530.310.29-0.050.410.560.690.46
0.370.020.34-0.37-0.430.720.40.540.180.430.570.280.720.370.260.370.160.350.360.580.150.310.580.450.31
1.00.60.34-0.75-0.940.240.760.270.470.930.420.89-0.071.00.00.98-0.311.00.820.57-0.150.950.620.60.98
-0.75-0.83-0.37-0.750.57-0.12-1.0-0.23-0.3-0.7-0.63-0.480.02-0.750.05-0.640.21-0.7-0.65-0.430.07-0.55-0.76-0.72-0.59
-0.95-0.43-0.43-0.940.57-0.35-0.6-0.27-0.56-0.87-0.37-0.93-0.07-0.95-0.04-0.970.26-0.95-0.72-0.670.18-0.93-0.58-0.45-0.97
0.27-0.080.720.24-0.12-0.350.140.440.490.320.510.260.720.270.260.30.630.260.30.220.220.280.460.430.26
0.760.810.40.76-1.0-0.60.140.250.310.720.630.510.010.76-0.050.66-0.220.710.660.48-0.080.570.780.720.61
0.290.210.540.27-0.23-0.270.440.250.360.260.440.270.520.290.670.280.120.250.340.350.20.350.120.620.23
0.490.390.180.47-0.3-0.560.490.310.360.430.380.590.420.490.070.520.330.470.40.41-0.230.480.250.440.51
0.930.380.430.93-0.7-0.870.320.720.260.430.330.840.030.930.030.93-0.260.940.950.56-0.140.90.580.530.91
0.440.620.570.42-0.63-0.370.510.630.440.380.330.340.460.450.110.380.120.380.240.520.310.270.780.810.33
0.90.40.280.89-0.48-0.930.260.510.270.590.840.340.030.90.050.94-0.310.910.730.7-0.250.90.470.410.95
-0.03-0.170.72-0.070.02-0.070.720.010.520.420.030.460.03-0.030.220.00.55-0.060.030.42-0.05-0.030.160.3-0.06
1.00.590.371.0-0.75-0.950.270.760.290.490.930.450.9-0.030.010.99-0.291.00.820.59-0.150.950.630.610.97
0.01-0.070.260.00.05-0.040.26-0.050.670.070.030.110.050.220.010.030.20.010.030.020.160.030.030.10.02
0.990.480.370.98-0.64-0.970.30.660.280.520.930.380.940.00.990.03-0.280.990.810.61-0.160.970.570.541.0
-0.29-0.180.16-0.310.210.260.63-0.220.120.33-0.260.12-0.310.55-0.290.2-0.28-0.31-0.22-0.40.0-0.26-0.070.09-0.3
1.00.530.351.0-0.7-0.950.260.710.250.470.940.380.91-0.061.00.010.99-0.310.830.57-0.150.960.590.550.99
0.820.310.360.82-0.65-0.720.30.660.340.40.950.240.730.030.820.030.81-0.220.830.42-0.090.840.430.560.78
0.590.290.580.57-0.43-0.670.220.480.350.410.560.520.70.420.590.020.61-0.40.570.42-0.240.50.510.330.59
-0.15-0.050.15-0.150.070.180.22-0.080.2-0.23-0.140.31-0.25-0.05-0.150.16-0.160.0-0.15-0.09-0.24-0.160.180.31-0.18
0.950.410.310.95-0.55-0.930.280.570.350.480.90.270.9-0.030.950.030.97-0.260.960.840.5-0.160.40.540.96
0.630.560.580.62-0.76-0.580.460.780.120.250.580.780.470.160.630.030.57-0.070.590.430.510.180.40.550.53
0.610.690.450.6-0.72-0.450.430.720.620.440.530.810.410.30.610.10.540.090.550.560.330.310.540.550.47
0.970.460.310.98-0.59-0.970.260.610.230.510.910.330.95-0.060.970.021.0-0.30.990.780.59-0.180.960.530.47
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ESSA Pharma Account Relationship Matchups

ESSA Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets80.6M198.2M169.5M149.1M171.5M180.1M
Other Current Liab24.2M39.2M36.4M1.4M1.6M1.5M
Total Current Liabilities1.2M3.9M2.3M3.5M4.0M3.0M
Total Stockholder Equity79.2M194.0M167.1M145.6M167.5M175.8M
Net Debt(56.3M)(137.5M)(56.9M)(33.6M)(30.3M)(31.8M)
Retained Earnings(81.0M)(117.8M)(152.9M)(179.5M)(161.5M)(153.4M)
Accounts Payable678.6K1.4M954.6K2.0M2.3M1.4M
Cash56.3M137.8M57.1M33.7M38.8M34.1M
Non Current Assets Total55.2K567.7K446.0K325.3K374.0K383.8K
Non Currrent Assets Other(200.7K)277.6K259.5K257.2K295.8K181.3K
Cash And Short Term Investments56.3M194.9M57.1M148.1M170.3M178.8M
Other Current Assets1.7M2.2M1.8M585.4K673.2K1.2M
Other Stockholder Equity31.2M36.4M44.0M49.0M56.4M59.2M
Total Liab1.3M4.2M2.4M3.5M4.0M4.6M
Total Current Assets80.6M197.6M169.5M148.8M171.1M179.7M
Common Stock131.1M277.4M278.1M278.2M319.9M335.9M
Other Liab19.6K16.5K127.4K20.4K18.3K17.4K
Net Tangible Assets49.0M79.2M194.0M167.1M192.2M201.8M
Other Assets(55.2K)198.2M(446.0K)115.4M132.7M139.3M
Net Receivables309.5K489.0K6.2K135.1K121.6K115.5K
Liabilities And Stockholders Equity80.6M198.2M169.5M149.1M171.5M180.1M
Inventory420.5K(360.8K)(309.5K)110.6M127.2M133.6M
Short Term Debt59.1K120.7K133.8K80.3K92.4K87.8K
Common Stock Shares Outstanding22.4M38.5M44.0M44.1M50.7M53.2M
Non Current Liabilities Total127K230.6K77K(71.0)(63.9)(60.7)
Short Long Term Debt Total59.1K331.0K209.8K80.3K72.3K68.7K
Net Invested Capital79.2M194.0M167.1M145.6M167.5M103.4M
Net Working Capital79.1M193.7M166.7M145.3M167.1M101.6M
Capital Stock131.1M277.4M278.1M278.2M319.9M198.2M

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