Phathom Depreciation And Amortization vs Total Assets Analysis

PHAT Stock  USD 8.87  0.10  1.11%   
Phathom Pharmaceuticals financial indicator trend analysis is much more than just breaking down Phathom Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phathom Pharmaceuticals is a good investment. Please check the relationship between Phathom Pharmaceuticals Depreciation And Amortization and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phathom 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 nation.
For more information on how to buy Phathom Stock please use our How to Invest in Phathom Pharmaceuticals guide.

Depreciation And Amortization vs Total Assets

Depreciation And Amortization vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phathom Pharmaceuticals Depreciation And Amortization account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phathom Pharmaceuticals' Depreciation And Amortization and Total Assets is -0.28. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Assets in the same time period over historical financial statements of Phathom Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Phathom Pharmaceuticals' Depreciation And Amortization 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 Depreciation And Amortization of Phathom 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 Depreciation And Amortization i.e., Phathom Pharmaceuticals' Depreciation And Amortization and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Assets

Total assets refers to the total amount of Phathom 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 Phathom 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 Phathom Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phathom 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phathom 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 nation.
For more information on how to buy Phathom Stock please use our How to Invest in Phathom Pharmaceuticals guide.Selling General Administrative is likely to gain to about 123.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 84.4 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation521K620K575K450.3K
Cost Of Revenue521K620K167K158.7K

Phathom Pharmaceuticals fundamental ratios Correlations

0.850.60.830.250.260.86-0.95-0.870.841.01.00.940.940.950.960.770.740.941.01.00.070.760.830.590.77
0.850.550.76-0.17-0.160.93-0.69-0.950.80.850.850.970.910.850.940.850.40.870.850.84-0.130.980.910.40.98
0.60.550.910.270.280.77-0.59-0.570.890.620.620.640.690.510.650.410.590.640.610.550.680.560.790.940.44
0.830.760.910.150.160.88-0.78-0.770.990.840.840.830.820.720.830.670.580.780.830.790.510.720.920.90.68
0.25-0.170.270.151.0-0.03-0.360.180.090.260.260.010.220.20.12-0.380.80.310.260.270.43-0.26-0.120.37-0.35
0.26-0.160.280.161.0-0.02-0.380.170.10.280.280.030.230.220.14-0.360.810.320.280.290.42-0.24-0.110.37-0.34
0.860.930.770.88-0.03-0.02-0.78-0.960.90.870.870.960.930.840.940.850.550.870.860.840.10.920.970.630.88
-0.95-0.69-0.59-0.78-0.36-0.38-0.780.78-0.77-0.96-0.96-0.82-0.85-0.89-0.86-0.72-0.81-0.84-0.96-0.96-0.14-0.59-0.73-0.63-0.6
-0.87-0.95-0.57-0.770.180.17-0.960.78-0.8-0.86-0.86-0.96-0.9-0.89-0.94-0.94-0.44-0.84-0.86-0.860.14-0.93-0.93-0.44-0.94
0.840.80.890.990.090.10.9-0.77-0.80.840.840.860.840.750.850.70.540.80.830.790.460.760.950.870.72
1.00.850.620.840.260.280.87-0.96-0.860.841.00.930.940.950.960.760.750.941.01.00.090.760.830.610.76
1.00.850.620.840.260.280.87-0.96-0.860.841.00.930.940.950.960.760.750.941.01.00.090.760.830.610.76
0.940.970.640.830.010.030.96-0.82-0.960.860.930.930.970.930.990.840.580.950.930.92-0.020.940.930.530.92
0.940.910.690.820.220.230.93-0.85-0.90.840.940.940.970.950.990.720.730.990.940.930.050.860.880.580.82
0.950.850.510.720.20.220.84-0.89-0.890.750.950.950.930.950.960.750.70.960.950.96-0.10.770.80.460.77
0.960.940.650.830.120.140.94-0.86-0.940.850.960.960.990.990.960.80.660.970.960.95-0.010.890.910.550.87
0.770.850.410.67-0.38-0.360.85-0.72-0.940.70.760.760.840.720.750.80.240.640.760.75-0.210.820.840.340.88
0.740.40.590.580.80.810.55-0.81-0.440.540.750.750.580.730.70.660.240.760.750.750.290.310.430.590.24
0.940.870.640.780.310.320.87-0.84-0.840.80.940.940.950.990.960.970.640.760.940.940.050.810.820.550.76
1.00.850.610.830.260.280.86-0.96-0.860.831.01.00.930.940.950.960.760.750.941.00.080.760.830.60.76
1.00.840.550.790.270.290.84-0.96-0.860.791.01.00.920.930.960.950.750.750.941.00.020.740.790.540.75
0.07-0.130.680.510.430.420.1-0.140.140.460.090.09-0.020.05-0.1-0.01-0.210.290.050.080.02-0.140.20.82-0.24
0.760.980.560.72-0.26-0.240.92-0.59-0.930.760.760.760.940.860.770.890.820.310.810.760.74-0.140.90.370.98
0.830.910.790.92-0.12-0.110.97-0.73-0.930.950.830.830.930.880.80.910.840.430.820.830.790.20.90.70.87
0.590.40.940.90.370.370.63-0.63-0.440.870.610.610.530.580.460.550.340.590.550.60.540.820.370.70.28
0.770.980.440.68-0.35-0.340.88-0.6-0.940.720.760.760.920.820.770.870.880.240.760.760.75-0.240.980.870.28
Click cells to compare fundamentals

Phathom Pharmaceuticals Account Relationship Matchups

Phathom Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets257.2M295.1M189.4M164.8M413.8M242.2M
Short Long Term Debt Total23.6M49.0M91.3M97.1M139.0M73.7M
Other Current Liab413K30.4M12.8M14.8M7.1M12.4M
Total Current Liabilities3.7M55.5M18.9M26.2M38.8M26.7M
Total Stockholder Equity228.0M194.3M72.2M(74.8M)(72.8M)(69.1M)
Net Tangible Assets228.0M194.3M72.2M(74.8M)(67.3M)(64.0M)
Net Debt(220.2M)(238.5M)(91.9M)(58.3M)(242.4M)(230.2M)
Retained Earnings(256.4M)(385.5M)(529.4M)(727.1M)(928.7M)(882.3M)
Accounts Payable699K16.8M5.2M10.0M12.6M8.3M
Cash243.8M287.5M183.3M155.4M381.4M229.6M
Non Current Assets Total1.6M3.7M2.9M4.3M16.4M17.2M
Non Currrent Assets Other181K384K341K299K9.9M10.4M
Cash And Short Term Investments243.8M287.5M183.3M155.4M381.4M229.6M
Common Stock Shares Outstanding24.7M33.2M37.0M39.1M51.3M35.6M
Liabilities And Stockholders Equity257.2M295.1M189.4M164.8M413.8M242.2M
Non Current Liabilities Total25.5M45.3M98.4M213.4M447.8M470.2M
Other Current Assets11.8M7.7M6.5M10.3M13.2M9.1M
Other Stockholder Equity484.4M579.8M601.5M652.3M855.9M581.9M
Total Liab29.2M100.8M117.3M239.6M486.6M510.9M
Net Invested Capital250.7M241.3M161.8M20.5M65.1M98.7M
Total Current Assets255.6M291.4M186.5M160.5M397.4M236.9M
Net Working Capital251.9M235.8M167.6M134.3M358.7M210.3M
Short Term Debt161K8.3M974K1.4M726K689.7K

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Additional Tools for Phathom Stock Analysis

When running Phathom Pharmaceuticals' price analysis, check to measure Phathom 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 Phathom Pharmaceuticals is operating at the current time. Most of Phathom Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Phathom Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phathom Pharmaceuticals' price. Additionally, you may evaluate how the addition of Phathom Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.