Galmed Short Term Investments vs Property Plant Equipment Analysis
GLMD Stock | USD 2.75 0.05 1.79% |
Galmed Pharmaceuticals financial indicator trend analysis is much more than just examining Galmed Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galmed Pharmaceuticals is a good investment. Please check the relationship between Galmed Pharmaceuticals Short Term Investments and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galmed 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 population. For information on how to trade Galmed Stock refer to our How to Trade Galmed Stock guide.
Short Term Investments vs Property Plant Equipment
Short Term Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galmed Pharmaceuticals Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Galmed Pharmaceuticals' Short Term Investments and Property Plant Equipment is 0.17. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Galmed Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Galmed Pharmaceuticals' Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Galmed Pharmaceuticals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., Galmed Pharmaceuticals' Short Term Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Galmed Pharmaceuticals balance sheet. It contains any investments Galmed Pharmaceuticals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Galmed Pharmaceuticals can easily liquidate in the marketplace.Property Plant Equipment
Most indicators from Galmed Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galmed 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galmed 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 population. For information on how to trade Galmed Stock refer to our How to Trade Galmed Stock guide.At present, Galmed Pharmaceuticals' Sales General And Administrative To Revenue is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.25, whereas Issuance Of Capital Stock is forecasted to decline to about 5.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 562K | 297K | 375K | 747.7K | Net Interest Income | 519K | 275K | 745K | 775.1K |
Galmed Pharmaceuticals fundamental ratios Correlations
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Galmed Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galmed Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.4M | 1.4M | 1.6M | 1.7M | 230.8K | 219.3K | |
Total Assets | 77.1M | 52.4M | 36.6M | 16.6M | 16.6M | 15.8M | |
Other Current Liab | 892K | 935K | 966K | 1.0M | 830K | 673.0K | |
Total Current Liabilities | 6.9M | 8.0M | 5.9M | 3.1M | 2.8M | 4.0M | |
Total Stockholder Equity | 69.9M | 44.2M | 30.5M | 13.4M | 13.9M | 13.2M | |
Property Plant And Equipment Net | 709K | 570K | 551K | 337K | 125K | 118.8K | |
Net Debt | (15.6M) | (6.7M) | (2.7M) | (2.0M) | (2.8M) | (3.0M) | |
Retained Earnings | (106.9M) | (135.7M) | (168.2M) | (186.0M) | (193.0M) | (183.3M) | |
Accounts Payable | 6.0M | 7.0M | 4.9M | 2.6M | 1.9M | 3.2M | |
Cash | 15.9M | 6.9M | 2.9M | 2.0M | 2.9M | 2.7M | |
Non Current Assets Total | 709K | 570K | 551K | 1.8M | 3.4M | 3.6M | |
Cash And Short Term Investments | 75.5M | 50.9M | 34.8M | 13.8M | 12.6M | 12.0M | |
Net Receivables | 827K | 812K | 1.1M | 124K | 165K | 156.8K | |
Liabilities And Stockholders Equity | 77.1M | 52.4M | 36.6M | 16.6M | 16.6M | 15.8M | |
Other Current Assets | 28.1M | 925K | 1.2M | 668K | 432K | 410.4K | |
Other Stockholder Equity | 176.7M | 179.5M | 198.8M | 200.1M | 207.1M | 135.2M | |
Total Liab | 7.3M | 8.2M | 6.1M | 3.1M | 2.8M | 4.4M | |
Property Plant And Equipment Gross | 709K | 570K | 551K | 1.3M | 1.1M | 678.5K | |
Total Current Assets | 76.4M | 51.8M | 36.1M | 14.7M | 13.2M | 12.6M | |
Accumulated Other Comprehensive Income | 35K | 272K | (171K) | (745K) | (454K) | (431.3K) | |
Property Plant Equipment | 194K | 709K | 570K | 337K | 387.6K | 519.1K | |
Net Tangible Assets | 15.8M | 87.9M | 69.9M | 44.2M | 50.8M | 38.5M | |
Short Term Investments | 59.6M | 43.9M | 31.9M | 11.8M | 9.8M | 9.3M | |
Net Invested Capital | 69.9M | 44.2M | 30.5M | 13.4M | 13.9M | 13.2M | |
Net Working Capital | 69.5M | 43.8M | 30.2M | 11.6M | 10.5M | 10.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Galmed Pharmaceuticals is a strong investment it is important to analyze Galmed Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Galmed Pharmaceuticals' future performance. For an informed investment choice regarding Galmed Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galmed 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 population. For information on how to trade Galmed Stock refer to our How to Trade Galmed Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galmed Pharmaceuticals. If investors know Galmed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galmed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 69.72 | Return On Assets (0.29) | Return On Equity (0.53) |
The market value of Galmed Pharmaceuticals is measured differently than its book value, which is the value of Galmed that is recorded on the company's balance sheet. Investors also form their own opinion of Galmed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Galmed Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galmed Pharmaceuticals' market value can be influenced by many factors that don't directly affect Galmed Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galmed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galmed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galmed Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.