Oramed Historical Balance Sheet
ORMP Stock | USD 2.37 0.02 0.85% |
Trend analysis of Oramed Pharmaceuticals balance sheet accounts such as Common Stock Shares Outstanding of 42.6 M provides information on Oramed Pharmaceuticals' total assets, liabilities, and equity, which is the actual value of Oramed Pharmaceuticals to its prevalent stockholders. By breaking down trends over time using Oramed Pharmaceuticals 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 Oramed Pharmaceuticals 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 Oramed Pharmaceuticals is a good buy for the upcoming year.
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About Oramed Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Oramed Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Oramed Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oramed Pharmaceuticals 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 Oramed currently owns. An asset can also be divided into two categories, current and non-current.
Oramed Pharmaceuticals Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Oramed Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oramed Pharmaceuticals 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Oramed Pharmaceuticals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Oramed Pharmaceuticals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oramed 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. To learn how to invest in Oramed Stock, please use our How to Invest in Oramed Pharmaceuticals guide.At this time, Oramed Pharmaceuticals' Total Assets are relatively stable compared to the past year. As of 11/30/2024, Net Debt is likely to grow to about 44.7 M, while Other Current Assets are likely to drop slightly above 536.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Liabilities | 11.5M | 10.5M | 57.7M | 60.5M | Other Stockholder Equity | 230.2M | 314.4M | 320.9M | 336.9M |
Oramed Pharmaceuticals balance sheet Correlations
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Oramed Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oramed Pharmaceuticals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | (69K) | 601K | (1.4M) | (191K) | 1.4M | 1.5M | |
Total Current Liabilities | 5.3M | 4.5M | 6.7M | 5.7M | 53.2M | 55.9M | |
Total Stockholder Equity | 19.4M | 32.9M | 115.8M | 151.8M | 163.8M | 172.0M | |
Retained Earnings | (81.1M) | (92.6M) | (114.9M) | (163.1M) | (157.6M) | (149.7M) | |
Common Stock Shares Outstanding | 17.5M | 20.5M | 28.5M | 39.0M | 40.6M | 42.6M | |
Other Stockholder Equity | 100.3M | 125.2M | 230.2M | 314.4M | 320.9M | 336.9M | |
Total Liab | 15.3M | 11.8M | 11.5M | 10.5M | 57.7M | 60.5M | |
Common Stock | 208K | 284K | 424K | 476K | 485K | 509.3K | |
Total Assets | 34.7M | 44.6M | 128.0M | 161.6M | 220.6M | 231.6M | |
Net Debt | (3.3M) | (19.2M) | (76.7M) | (39.6M) | 42.6M | 44.7M | |
Accounts Payable | 1.3M | 594K | 2.6M | 2.2M | 551K | 822.2K | |
Cash | 3.3M | 19.3M | 77.2M | 40.5M | 9.1M | 10.6M | |
Cash And Short Term Investments | 32.3M | 39.9M | 94.1M | 155.7M | 162.0M | 170.1M | |
Liabilities And Stockholders Equity | 34.7M | 44.6M | 128.0M | 161.6M | 220.6M | 231.6M | |
Non Current Liabilities Total | 10.0M | 7.2M | 4.8M | 4.7M | 4.4M | 4.2M | |
Other Current Assets | 1.0M | 611K | 1.2M | 1.4M | 537K | 536.1K | |
Total Current Assets | 33.3M | 40.5M | 95.3M | 157.1M | 162.6M | 170.7M | |
Property Plant And Equipment Net | 24K | 174K | 932K | 1.8M | 1.6M | 1.6M | |
Non Current Assets Total | 1.3M | 4.1M | 32.7M | 4.5M | 58.0M | 60.9M | |
Short Term Investments | 29.0M | 20.6M | 16.9M | 115.3M | 153.0M | 160.6M |
Pair Trading with Oramed Pharmaceuticals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oramed Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oramed Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving together with Oramed Stock
Moving against Oramed Stock
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The ability to find closely correlated positions to Oramed Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oramed Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oramed Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oramed Pharmaceuticals to buy it.
The correlation of Oramed Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oramed Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oramed Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oramed Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Oramed Stock Analysis
When running Oramed Pharmaceuticals' price analysis, check to measure Oramed Pharmaceuticals' 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 Oramed Pharmaceuticals is operating at the current time. Most of Oramed Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Oramed Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oramed Pharmaceuticals' price. Additionally, you may evaluate how the addition of Oramed Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.