Sol Total Operating Expenses vs Selling And Marketing Expenses Analysis
| SLGL Stock | USD 1.65 0.67 68.37% |
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 Total Operating Expenses and its Selling And Marketing Expenses 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.
Total Operating Expenses vs Selling And Marketing Expenses
Total Operating Expenses vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sol Gel Technologies Total Operating Expenses account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sol Gel's Total Operating Expenses and Selling And Marketing Expenses is -0.23. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling And Marketing Expenses 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 Total Operating Expenses and Selling And Marketing Expenses 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 Operating Expenses of Sol Gel Technologies are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Total Operating Expenses i.e., Sol Gel's Total Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Selling And Marketing Expenses
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 Depreciation | 880K | 562K | 342K | 554.3K | Interest Income | 257K | 1.3M | 1.9M | 1.1M |
Sol Gel fundamental ratios Correlations
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Sol Gel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sol Gel fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 61.3M | 59.2M | 69.2M | 46.6M | 45.3M | 42.7M | |
| Total Current Liabilities | 6.5M | 6.0M | 11.7M | 3.3M | 4.5M | 4.3M | |
| Total Stockholder Equity | 52.5M | 50.8M | 55.6M | 42.2M | 38.6M | 22.6M | |
| Other Liab | 958K | 1.0M | 1.1M | 1.0M | 1.2M | 959.7K | |
| Net Tangible Assets | 52.5M | 50.8M | 55.6M | 42.2M | 48.5M | 51.0M | |
| Retained Earnings | (152.1M) | (181.4M) | (178.1M) | (193.1M) | (220.3M) | (209.3M) | |
| Accounts Payable | 1.7M | 1.2M | 766K | 251K | 154K | 146.3K | |
| Cash | 9.4M | 7.1M | 20.1M | 12.4M | 7.5M | 8.8M | |
| Other Assets | 1.2M | 2.0M | 9.5M | 2.0M | 1.0 | 0.95 | |
| Common Stock Shares Outstanding | 19.5M | 22.6M | 23.6M | 23.1M | 27.1M | 19.9M | |
| Total Liab | 8.8M | 8.3M | 13.6M | 4.4M | 6.6M | 6.3M | |
| Total Current Assets | 55.8M | 53.4M | 57.1M | 43.1M | 41.2M | 37.7M | |
| Common Stock | 520K | 561K | 635K | 638K | 774K | 450.3K | |
| Property Plant Equipment | 4.4M | 3.7M | 2.6M | 1.5M | 1.8M | 2.4M | |
| Other Current Liab | 4.1M | 3.4M | 9.4M | 1.6M | 3.9M | 3.8M | |
| Property Plant And Equipment Net | 4.4M | 3.7M | 2.6M | 1.5M | 2.2M | 2.5M | |
| Net Debt | (7.4M) | (5.2M) | (18.5M) | (11.7M) | (5.9M) | (5.6M) | |
| Non Current Assets Total | 5.5M | 5.8M | 12.1M | 3.6M | 4.1M | 5.4M | |
| Non Currrent Assets Other | 684K | 754K | 830K | 749K | 681K | 930.3K | |
| Cash And Short Term Investments | 50.4M | 50.2M | 43.2M | 33.6M | 38.0M | 36.7M | |
| Liabilities And Stockholders Equity | 61.3M | 59.2M | 69.2M | 46.6M | 45.3M | 47.2M | |
| Non Current Liabilities Total | 2.3M | 2.3M | 1.9M | 1.1M | 2.1M | 1.6M | |
| Other Current Assets | 1.3M | 1.1M | 800K | 1.5M | 2.8M | 1.9M | |
| Other Stockholder Equity | 204.0M | 231.6M | 233.1M | 234.6M | 258.2M | 179.2M | |
| Property Plant And Equipment Gross | 4.4M | 3.7M | 2.6M | 7.3M | 8.0M | 8.4M | |
| Short Term Investments | 41.0M | 43.1M | 23.2M | 21.2M | 30.5M | 25.2M | |
| Net Invested Capital | 52.5M | 50.8M | 55.6M | 42.2M | 38.6M | 49.7M | |
| Net Working Capital | 49.3M | 47.4M | 45.4M | 39.7M | 36.6M | 35.0M |
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Try AI Portfolio ArchitectCheck 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.