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 Total Assets and its Property Plant And Equipment Net 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.
Total Assets vs Property Plant And Equipment Net
Total Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Phathom Pharmaceuticals Total Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Phathom Pharmaceuticals' Total Assets and Property Plant And Equipment Net is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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' Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Phathom Pharmaceuticals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Phathom Pharmaceuticals' Total Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
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.
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.
Phathom Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Phathom Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phathom Pharmaceuticals fundamental ratios Accounts
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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.