Reviva Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

RVPHW Stock  USD 0.21  0.04  23.53%   
Reviva Pharmaceuticals financial indicator trend analysis is much more than just breaking down Reviva Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reviva Pharmaceuticals is a good investment. Please check the relationship between Reviva Pharmaceuticals Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reviva Pharmaceuticals Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Reviva Pharmaceuticals' Cash And Short Term Investments and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Reviva Pharmaceuticals Holdings, assuming nothing else is changed. The correlation between historical values of Reviva Pharmaceuticals' Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Reviva Pharmaceuticals Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Reviva Pharmaceuticals' Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Reviva Pharmaceuticals balance sheet. This account contains Reviva Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Reviva Pharmaceuticals Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Reviva Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reviva 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 Reviva Pharmaceuticals Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Enterprise Value is likely to climb to about 60.9 M in 2024, whereas Tax Provision is likely to drop 9,973 in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization1.6M223.9K212.7K
Interest Income182.8K499.0K523.9K

Reviva Pharmaceuticals fundamental ratios Correlations

-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.471.0-0.910.95
-0.470.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
0.030.45-0.530.17-0.230.45-0.020.54-0.640.010.190.450.04-0.29-0.310.450.12-0.25-0.53-0.05-0.310.450.030.270.16
0.26-0.88-0.530.00.15-0.88-0.19-0.820.550.27-0.42-0.880.210.280.56-0.88-0.30.571.00.090.33-0.880.26-0.240.01
0.95-0.320.170.00.86-0.32-0.98-0.510.510.94-0.88-0.320.960.830.69-0.32-0.910.640.050.970.87-0.320.95-0.891.0
0.9-0.37-0.230.150.86-0.37-0.91-0.680.790.91-0.88-0.370.910.990.83-0.37-0.910.750.190.950.95-0.370.9-0.970.86
-0.471.00.45-0.88-0.32-0.370.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.990.46-0.02-0.19-0.98-0.910.460.68-0.67-0.990.960.46-0.99-0.9-0.820.460.98-0.78-0.23-0.98-0.930.46-0.990.94-0.98
-0.720.860.54-0.82-0.51-0.680.860.68-0.87-0.730.840.86-0.69-0.76-0.890.860.77-0.86-0.85-0.62-0.80.86-0.720.74-0.52
0.7-0.54-0.640.550.510.79-0.54-0.67-0.870.71-0.82-0.540.690.830.92-0.54-0.80.880.580.670.79-0.540.7-0.770.53
1.0-0.480.010.270.940.91-0.48-0.99-0.730.71-0.97-0.481.00.920.88-0.48-0.980.850.310.960.92-0.481.0-0.920.95
-0.960.610.19-0.42-0.88-0.880.610.960.84-0.82-0.970.61-0.96-0.9-0.930.610.99-0.9-0.47-0.91-0.930.61-0.960.92-0.89
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.61-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
1.0-0.430.040.210.960.91-0.43-0.99-0.690.691.0-0.96-0.430.910.86-0.43-0.980.830.260.960.9-0.431.0-0.910.96
0.91-0.46-0.290.280.830.99-0.46-0.9-0.760.830.92-0.9-0.460.910.87-0.46-0.910.80.320.930.96-0.460.91-0.970.83
0.87-0.57-0.310.560.690.83-0.57-0.82-0.890.920.88-0.93-0.570.860.87-0.57-0.920.990.60.770.83-0.570.87-0.80.7
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.570.49-0.54-0.89-0.39-0.611.0-0.470.52-0.33
-0.980.490.12-0.3-0.91-0.910.490.980.77-0.8-0.980.990.49-0.98-0.91-0.920.49-0.89-0.35-0.94-0.920.49-0.980.92-0.92
0.84-0.54-0.250.570.640.75-0.54-0.78-0.860.880.85-0.9-0.540.830.80.99-0.54-0.890.610.70.75-0.540.84-0.720.65
0.3-0.89-0.531.00.050.19-0.89-0.23-0.850.580.31-0.47-0.890.260.320.6-0.89-0.350.610.140.37-0.890.3-0.280.06
0.96-0.39-0.050.090.970.95-0.39-0.98-0.620.670.96-0.91-0.390.960.930.77-0.39-0.940.70.140.95-0.390.96-0.970.97
0.91-0.61-0.310.330.870.95-0.61-0.93-0.80.790.92-0.93-0.610.90.960.83-0.61-0.920.750.370.95-0.610.91-0.990.87
-0.471.00.45-0.88-0.32-0.371.00.460.86-0.54-0.480.611.0-0.43-0.46-0.571.00.49-0.54-0.89-0.39-0.61-0.470.52-0.33
1.0-0.470.030.260.950.9-0.47-0.99-0.720.71.0-0.96-0.471.00.910.87-0.47-0.980.840.30.960.91-0.47-0.910.95
-0.910.520.27-0.24-0.89-0.970.520.940.74-0.77-0.920.920.52-0.91-0.97-0.80.520.92-0.72-0.28-0.97-0.990.52-0.91-0.9
0.95-0.330.160.011.00.86-0.33-0.98-0.520.530.95-0.89-0.330.960.830.7-0.33-0.920.650.060.970.87-0.330.95-0.9
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Reviva Pharmaceuticals Account Relationship Matchups

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