Kala Non Currrent Assets Other vs Total Assets Analysis

KALA Stock  USD 6.55  0.12  1.87%   
Kala Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Kala Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kala Pharmaceuticals is a good investment. Please check the relationship between Kala Pharmaceuticals Non Currrent Assets Other and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kala 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 bureau of economic analysis.
For information on how to trade Kala Stock refer to our How to Trade Kala Stock guide.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kala Pharmaceuticals Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kala Pharmaceuticals' Non Currrent Assets Other and Total Assets is 0.83. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Kala Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Kala Pharmaceuticals' Non Currrent Assets Other and Total Assets 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 Currrent Assets Other of Kala Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Kala Pharmaceuticals' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Kala Pharmaceuticals 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 Kala Pharmaceuticals 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.
Most indicators from Kala Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kala 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kala 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 bureau of economic analysis.
For information on how to trade Kala Stock refer to our How to Trade Kala Stock guide.At present, Kala Pharmaceuticals' Sales General And Administrative To Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 29.6 M, whereas Selling General Administrative is forecasted to decline to about 20.7 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.3M860K303K287.9K
Interest Income104K664K2.5M2.6M

Kala Pharmaceuticals fundamental ratios Correlations

0.760.880.740.87-0.420.80.860.780.870.61-0.130.370.71-0.060.96-0.320.830.710.90.710.84-0.290.870.830.94
0.760.610.730.59-0.630.660.650.520.850.910.030.780.660.190.75-0.230.80.430.770.970.47-0.130.560.680.66
0.880.610.61.0-0.430.650.850.620.70.370.00.330.380.210.9-0.040.670.550.750.510.68-0.430.680.640.91
0.740.730.60.63-0.810.660.650.590.950.640.460.590.73-0.030.76-0.640.60.570.920.740.670.060.70.690.71
0.870.591.00.63-0.480.630.850.60.710.350.070.330.380.220.9-0.080.650.530.750.50.66-0.430.660.620.91
-0.42-0.63-0.43-0.81-0.48-0.3-0.45-0.26-0.67-0.48-0.74-0.77-0.49-0.24-0.540.43-0.31-0.05-0.58-0.58-0.160.04-0.21-0.27-0.5
0.80.660.650.660.63-0.30.830.370.750.44-0.190.380.65-0.40.76-0.450.560.770.750.590.68-0.420.680.870.74
0.860.650.850.650.85-0.450.830.380.740.37-0.050.360.62-0.150.92-0.350.590.640.760.560.61-0.660.610.730.94
0.780.520.620.590.6-0.260.370.380.690.58-0.070.190.550.060.68-0.20.780.460.750.560.790.270.840.590.64
0.870.850.70.950.71-0.670.750.740.690.780.210.560.79-0.020.87-0.550.810.660.980.870.76-0.020.810.820.81
0.610.910.370.640.35-0.480.440.370.580.780.00.620.620.230.55-0.240.810.380.70.960.460.220.570.570.43
-0.130.030.00.460.07-0.74-0.19-0.05-0.070.210.00.39-0.030.30.01-0.28-0.15-0.270.150.06-0.180.26-0.17-0.130.0
0.370.780.330.590.33-0.770.380.360.190.560.620.390.390.230.45-0.060.34-0.020.440.680.04-0.060.110.290.37
0.710.660.380.730.38-0.490.650.620.550.790.62-0.030.39-0.450.72-0.750.580.540.760.670.61-0.10.650.630.69
-0.060.190.21-0.030.22-0.24-0.4-0.150.06-0.020.230.30.23-0.45-0.050.580.16-0.28-0.060.18-0.180.17-0.13-0.28-0.1
0.960.750.90.760.9-0.540.760.920.680.870.550.010.450.72-0.05-0.340.770.60.880.690.73-0.40.750.770.99
-0.32-0.23-0.04-0.64-0.080.43-0.45-0.35-0.2-0.55-0.24-0.28-0.06-0.750.58-0.34-0.2-0.42-0.52-0.31-0.39-0.05-0.39-0.45-0.35
0.830.80.670.60.65-0.310.560.590.780.810.81-0.150.340.580.160.77-0.20.50.780.860.65-0.020.740.810.7
0.710.430.550.570.53-0.050.770.640.460.660.38-0.27-0.020.54-0.280.6-0.420.50.760.440.9-0.110.870.690.58
0.90.770.750.920.75-0.580.750.760.750.980.70.150.440.76-0.060.88-0.520.780.760.780.86-0.010.890.810.84
0.710.970.510.740.5-0.580.590.560.560.870.960.060.680.670.180.69-0.310.860.440.780.490.020.590.710.58
0.840.470.680.670.66-0.160.680.610.790.760.46-0.180.040.61-0.180.73-0.390.650.90.860.490.050.990.710.71
-0.29-0.13-0.430.06-0.430.04-0.42-0.660.27-0.020.220.26-0.06-0.10.17-0.4-0.05-0.02-0.11-0.010.020.050.09-0.19-0.47
0.870.560.680.70.66-0.210.680.610.840.810.57-0.170.110.65-0.130.75-0.390.740.870.890.590.990.090.750.72
0.830.680.640.690.62-0.270.870.730.590.820.57-0.130.290.63-0.280.77-0.450.810.690.810.710.71-0.190.750.73
0.940.660.910.710.91-0.50.740.940.640.810.430.00.370.69-0.10.99-0.350.70.580.840.580.71-0.470.720.73
Click cells to compare fundamentals

Kala Pharmaceuticals Account Relationship Matchups

Kala Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.3M221.6M139.4M86.8M55.9M53.2M
Total Current Liabilities24.8M22.2M37.4M25.7M8.3M7.9M
Total Stockholder Equity29.7M100.0M16.8M19.0M7.5M7.1M
Net Tangible Assets29.7M100.0M16.8M19.0M21.8M21.4M
Retained Earnings(295.5M)(399.8M)(542.4M)(587.2M)(629.4M)(597.9M)
Accounts Payable2.5M1.7M2.8M2.3M919K873.1K
Cash85.4M77.3M92.1M70.5M50.9M79.6M
Other Assets16.4M47.1M11.0M462K531.3K504.7K
Long Term Debt71.2M72.2M78.9M37.9M34.2M43.8M
Net Receivables13.1M9.9M17.5M6.5M236K224.2K
Common Stock Shares Outstanding684.2K1.0M1.3M1.5M2.4M2.6M
Other Current Assets1.6M2.8M6.1M9.0M1.7M2.5M
Total Liab124.6M121.6M122.6M67.8M48.4M91.9M
Total Current Assets105.5M171.4M124.4M85.9M52.9M98.6M
Short Term Debt1.3M3.1M1.4M5.0M668K634.6K
Common Stock36K59K66K2K3K2.9K
Property Plant Equipment32.5M9.4M4.0M416K478.4K454.5K
Short Long Term Debt Total101.2M100.9M80.2M43.0M36.3M61.0M
Other Current Liab20.9M17.4M33.2M14.1M5.7M5.4M
Property Plant And Equipment Net32.5M31.0M4.0M416K2.8M2.6M
Net Debt15.7M23.7M(11.9M)(27.5M)(14.6M)(15.3M)
Non Current Assets Total48.8M50.2M15.1M878K3.1M2.9M
Non Currrent Assets Other3.8M6.2M9.6M462K301K286.0K
Cash And Short Term Investments85.4M153.5M92.1M70.5M50.9M96.5M
Common Stock Total Equity25K34K36K59K67.9K71.2K
Long Term Debt Total12.0M70.2M71.2M72.2M83.1M44.5M
Liabilities And Stockholders Equity154.3M221.6M139.4M86.8M55.9M53.2M
Non Current Liabilities Total99.9M99.4M85.2M42.2M40.1M59.2M
Capital Surpluse224.0M306.1M325.1M499.7M574.7M603.4M
Other Stockholder Equity325.1M499.7M559.1M606.2M636.9M373.2M
Property Plant And Equipment Gross32.5M31.0M6.9M1.6M3.9M3.7M
Accumulated Other Comprehensive Income(1.5M)(1.8M)(2.5M)4K4.6K4.8K
Inventory4.6M5.2M8.6M7.7M8.8M5.6M
Net Invested Capital100.9M172.2M95.7M61.9M41.7M39.6M
Net Working Capital80.7M149.2M86.9M60.3M44.5M78.0M
Capital Lease Obligations30M28.7M1.3M13K2.1M2.0M

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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 Kala Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kala Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kala Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kala Pharmaceuticals Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kala 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 bureau of economic analysis.
For information on how to trade Kala Stock refer to our How to Trade Kala Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Pharmaceuticals 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 Kala Pharmaceuticals. If investors know Kala 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 Kala 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
(11.67)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.40)
Return On Equity
(2.48)
The market value of Kala Pharmaceuticals is measured differently than its book value, which is the value of Kala that is recorded on the company's balance sheet. Investors also form their own opinion of Kala Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Kala 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 Kala Pharmaceuticals' market value can be influenced by many factors that don't directly affect Kala 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 Kala Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kala Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kala 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.