Sol Property Plant And Equipment Net vs Common Stock Total Equity Analysis

SLGL Stock  USD 0.97  0.01  0.94%   
Sol Gel financial indicator trend analysis is much more than just breaking down Sol Gel Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sol Gel Technologies is a good investment. Please check the relationship between Sol Gel Property Plant And Equipment Net and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sol Gel Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Property Plant And Equipment Net vs Common Stock Total Equity

Property Plant And Equipment Net vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sol Gel Technologies Property Plant And Equipment Net account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sol Gel's Property Plant And Equipment Net and Common Stock Total Equity is 0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Sol Gel Technologies, assuming nothing else is changed. The correlation between historical values of Sol Gel's Property Plant And Equipment Net and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sol Gel Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Net i.e., Sol Gel's Property Plant And Equipment Net and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Sol Gel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sol Gel Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sol Gel Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The value of Selling General Administrative is expected to slide to about 6.8 M. The value of Issuance Of Capital Stock is estimated to slide to about 18.4 M
 2021 2022 2023 2024 (projected)
Reconciled Depreciation880K562K342K554.3K
Interest Income257K1.3M1.9M1.1M

Sol Gel fundamental ratios Correlations

-0.220.870.840.86-0.850.640.760.410.86-0.190.851.0-0.320.920.83-0.590.630.84-0.660.73-0.630.980.890.790.92
-0.22-0.67-0.23-0.670.16-0.040.040.180.041.00.15-0.250.99-0.36-0.010.89-0.06-0.030.840.050.84-0.32-0.37-0.23-0.35
0.87-0.670.740.98-0.690.540.550.240.61-0.650.540.88-0.740.870.63-0.890.50.64-0.910.52-0.890.890.830.70.84
0.84-0.230.740.78-0.950.20.710.330.92-0.20.830.83-0.320.960.66-0.550.620.71-0.610.69-0.660.790.930.860.92
0.86-0.670.980.78-0.760.460.550.170.65-0.650.60.87-0.740.890.63-0.90.510.65-0.920.52-0.90.90.90.720.9
-0.850.16-0.69-0.95-0.76-0.22-0.75-0.23-0.960.13-0.93-0.850.24-0.94-0.690.52-0.56-0.730.57-0.640.61-0.81-0.97-0.83-0.96
0.64-0.040.540.20.46-0.220.180.110.29-0.030.390.66-0.10.370.62-0.230.150.59-0.230.23-0.170.710.30.270.37
0.760.040.550.710.55-0.750.180.740.790.070.730.72-0.070.720.53-0.360.830.53-0.50.86-0.430.610.710.620.7
0.410.180.240.330.17-0.230.110.740.340.190.260.350.080.270.24-0.040.780.21-0.210.84-0.070.230.210.260.2
0.860.040.610.920.65-0.960.290.790.340.070.950.85-0.040.90.71-0.360.570.74-0.430.68-0.470.790.880.80.89
-0.191.0-0.65-0.2-0.650.13-0.030.070.190.070.18-0.220.99-0.330.020.88-0.030.00.820.070.82-0.29-0.34-0.19-0.32
0.850.150.540.830.6-0.930.390.730.260.950.180.840.070.820.76-0.250.510.79-0.310.64-0.330.80.850.740.87
1.0-0.250.880.830.87-0.850.660.720.350.85-0.220.84-0.340.920.83-0.610.580.84-0.660.68-0.640.990.890.780.92
-0.320.99-0.74-0.32-0.740.24-0.1-0.070.08-0.040.990.07-0.34-0.44-0.10.93-0.19-0.120.89-0.070.88-0.4-0.45-0.32-0.43
0.92-0.360.870.960.89-0.940.370.720.270.9-0.330.820.92-0.440.7-0.690.580.73-0.740.62-0.770.890.960.850.96
0.83-0.010.630.660.63-0.690.620.530.240.710.020.760.83-0.10.7-0.320.461.0-0.360.63-0.420.830.70.830.74
-0.590.89-0.89-0.55-0.90.52-0.23-0.36-0.04-0.360.88-0.25-0.610.93-0.69-0.32-0.36-0.340.98-0.280.97-0.64-0.7-0.53-0.69
0.63-0.060.50.620.51-0.560.150.830.780.57-0.030.510.58-0.190.580.46-0.360.48-0.490.91-0.410.50.570.660.56
0.84-0.030.640.710.65-0.730.590.530.210.740.00.790.84-0.120.731.0-0.340.48-0.370.63-0.440.850.730.860.77
-0.660.84-0.91-0.61-0.920.57-0.23-0.5-0.21-0.430.82-0.31-0.660.89-0.74-0.360.98-0.49-0.37-0.410.97-0.67-0.74-0.57-0.72
0.730.050.520.690.52-0.640.230.860.840.680.070.640.68-0.070.620.63-0.280.910.63-0.41-0.340.60.630.680.62
-0.630.84-0.89-0.66-0.90.61-0.17-0.43-0.07-0.470.82-0.33-0.640.88-0.77-0.420.97-0.41-0.440.97-0.34-0.66-0.76-0.67-0.74
0.98-0.320.890.790.9-0.810.710.610.230.79-0.290.80.99-0.40.890.83-0.640.50.85-0.670.6-0.660.880.770.91
0.89-0.370.830.930.9-0.970.30.710.210.88-0.340.850.89-0.450.960.7-0.70.570.73-0.740.63-0.760.880.831.0
0.79-0.230.70.860.72-0.830.270.620.260.8-0.190.740.78-0.320.850.83-0.530.660.86-0.570.68-0.670.770.830.83
0.92-0.350.840.920.9-0.960.370.70.20.89-0.320.870.92-0.430.960.74-0.690.560.77-0.720.62-0.740.911.00.83
Click cells to compare fundamentals

Sol Gel Account Relationship Matchups

Sol Gel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.3M59.2M69.2M46.6M45.3M42.7M
Total Current Liabilities6.5M6.0M11.7M3.3M4.5M4.3M
Total Stockholder Equity52.5M50.8M55.6M42.2M38.6M22.6M
Other Liab958K1.0M1.1M1.0M1.2M959.7K
Net Tangible Assets52.5M50.8M55.6M42.2M48.5M51.0M
Retained Earnings(152.1M)(181.4M)(178.1M)(193.1M)(220.3M)(209.3M)
Accounts Payable1.7M1.2M766K251K154K146.3K
Cash9.4M7.1M20.1M12.4M7.5M8.8M
Other Assets1.2M2.0M9.5M2.0M1.00.95
Common Stock Shares Outstanding19.5M22.6M23.6M23.1M27.1M19.9M
Total Liab8.8M8.3M13.6M4.4M6.6M6.3M
Total Current Assets55.8M53.4M57.1M43.1M41.2M37.7M
Common Stock520K561K635K638K774K450.3K
Property Plant Equipment4.4M3.7M2.6M1.5M1.8M2.4M
Other Current Liab4.1M3.4M9.4M1.6M3.9M3.8M
Property Plant And Equipment Net4.4M3.7M2.6M1.5M2.2M2.5M
Net Debt(7.4M)(5.2M)(18.5M)(11.7M)(5.9M)(5.6M)
Non Current Assets Total5.5M5.8M12.1M3.6M4.1M5.4M
Non Currrent Assets Other684K754K830K749K681K930.3K
Cash And Short Term Investments50.4M50.2M43.2M33.6M38.0M36.7M
Liabilities And Stockholders Equity61.3M59.2M69.2M46.6M45.3M47.2M
Non Current Liabilities Total2.3M2.3M1.9M1.1M2.1M1.6M
Other Current Assets1.3M1.1M800K1.5M2.8M1.9M
Other Stockholder Equity204.0M231.6M233.1M234.6M258.2M179.2M
Property Plant And Equipment Gross4.4M3.7M2.6M7.3M8.0M8.4M
Short Term Investments41.0M43.1M23.2M21.2M30.5M25.2M
Net Invested Capital52.5M50.8M55.6M42.2M38.6M49.7M
Net Working Capital49.3M47.4M45.4M39.7M36.6M35.0M

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When determining whether Sol Gel Technologies is a strong investment it is important to analyze Sol Gel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sol Gel's future performance. For an informed investment choice regarding Sol Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sol Gel Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Sol Gel. If investors know Sol 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 Sol Gel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
0.235
Quarterly Revenue Growth
8.146
Return On Assets
(0.22)
Return On Equity
(0.36)
The market value of Sol Gel Technologies is measured differently than its book value, which is the value of Sol that is recorded on the company's balance sheet. Investors also form their own opinion of Sol Gel's value that differs from its market value or its book value, called intrinsic value, which is Sol Gel's 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 Sol Gel's market value can be influenced by many factors that don't directly affect Sol Gel's 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 Sol Gel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sol Gel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sol Gel's 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.