Protara Other Current Liab vs Other Stockholder Equity Analysis

TARA Stock  USD 2.94  0.34  13.08%   
Protara Therapeutics financial indicator trend analysis is much more than just breaking down Protara Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protara Therapeutics is a good investment. Please check the relationship between Protara Therapeutics Other Current Liab and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Protara Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Protara Stock refer to our How to Trade Protara Stock guide.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protara Therapeutics Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Protara Therapeutics' Other Current Liab and Other Stockholder Equity is 0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Protara Therapeutics, assuming nothing else is changed. The correlation between historical values of Protara Therapeutics' Other Current Liab and Other Stockholder 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 Other Current Liab of Protara Therapeutics are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Protara Therapeutics' Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Other Stockholder Equity

Most indicators from Protara Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protara Therapeutics 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 Protara Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Protara Stock refer to our How to Trade Protara Stock guide.At present, Protara Therapeutics' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.31, whereas Selling General Administrative is forecasted to decline to about 15.3 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation117K248K309K231.7K
Interest Income2.0M2.2M3.0M3.1M

Protara Therapeutics fundamental ratios Correlations

-0.260.01.00.930.45-0.660.740.30.710.760.50.92-0.510.810.550.40.450.050.230.320.440.92-0.160.390.89
-0.260.83-0.29-0.36-0.140.26-0.26-0.25-0.27-0.16-0.12-0.260.46-0.33-0.140.04-0.140.130.170.39-0.13-0.260.47-0.13-0.12
0.00.83-0.06-0.010.390.32-0.310.25-0.290.150.33-0.10.020.140.370.440.360.570.50.820.4-0.090.210.40.01
1.0-0.29-0.060.930.4-0.690.770.270.740.730.470.93-0.490.790.50.350.410.00.180.260.390.94-0.150.340.89
0.93-0.36-0.010.930.45-0.650.720.480.70.60.560.91-0.550.910.540.390.50.220.150.320.460.92-0.150.430.8
0.45-0.140.390.40.450.29-0.160.69-0.20.740.70.17-0.710.690.940.790.80.640.710.821.00.18-0.490.980.24
-0.660.260.32-0.69-0.650.29-0.790.01-0.99-0.08-0.19-0.860.07-0.390.070.360.030.360.260.340.28-0.85-0.110.29-0.6
0.74-0.26-0.310.770.72-0.16-0.79-0.160.770.33-0.10.83-0.020.44-0.120.06-0.17-0.34-0.38-0.19-0.180.830.24-0.240.85
0.3-0.250.250.270.480.690.01-0.160.080.20.820.28-0.520.770.740.420.610.620.360.480.740.29-0.30.790.0
0.71-0.27-0.290.740.7-0.2-0.990.770.080.140.280.89-0.140.470.02-0.310.04-0.31-0.2-0.28-0.180.890.07-0.190.61
0.76-0.160.150.730.60.74-0.080.330.20.140.460.44-0.610.580.710.630.60.30.570.580.710.45-0.370.650.63
0.5-0.120.330.470.560.7-0.19-0.10.820.280.460.41-0.690.720.860.260.820.590.680.550.740.42-0.480.790.13
0.92-0.26-0.10.930.910.17-0.860.830.280.890.440.41-0.340.760.320.160.25-0.12-0.030.080.181.00.00.140.84
-0.510.460.02-0.49-0.55-0.710.07-0.02-0.52-0.14-0.61-0.69-0.34-0.6-0.74-0.41-0.82-0.34-0.62-0.43-0.7-0.340.88-0.7-0.23
0.81-0.330.140.790.910.69-0.390.440.770.470.580.720.76-0.60.740.570.590.390.260.50.710.77-0.220.690.61
0.55-0.140.370.50.540.940.07-0.120.740.020.710.860.32-0.740.740.620.890.620.780.760.950.33-0.480.950.28
0.40.040.440.350.390.790.360.060.42-0.310.630.260.16-0.410.570.620.430.430.380.780.770.17-0.150.710.43
0.45-0.140.360.410.50.80.03-0.170.610.040.60.820.25-0.820.590.890.430.690.830.720.80.26-0.590.820.18
0.050.130.570.00.220.640.36-0.340.62-0.310.30.59-0.12-0.340.390.620.430.690.560.730.67-0.1-0.110.7-0.15
0.230.170.50.180.150.710.26-0.380.36-0.20.570.68-0.03-0.620.260.780.380.830.560.720.7-0.02-0.530.70.06
0.320.390.820.260.320.820.34-0.190.48-0.280.580.550.08-0.430.50.760.780.720.730.720.820.1-0.150.790.24
0.44-0.130.40.390.461.00.28-0.180.74-0.180.710.740.18-0.70.710.950.770.80.670.70.820.19-0.460.990.21
0.92-0.26-0.090.940.920.18-0.850.830.290.890.450.421.0-0.340.770.330.170.26-0.1-0.020.10.190.00.160.84
-0.160.470.21-0.15-0.15-0.49-0.110.24-0.30.07-0.37-0.480.00.88-0.22-0.48-0.15-0.59-0.11-0.53-0.15-0.460.0-0.490.12
0.39-0.130.40.340.430.980.29-0.240.79-0.190.650.790.14-0.70.690.950.710.820.70.70.790.990.16-0.490.12
0.89-0.120.010.890.80.24-0.60.850.00.610.630.130.84-0.230.610.280.430.18-0.150.060.240.210.840.120.12
Click cells to compare fundamentals

Protara Therapeutics Account Relationship Matchups

Protara Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0M203.2M172.6M113.3M79.0M92.2M
Other Current Liab320K1.7M1.6M2.3M1.7M2.3M
Total Current Liabilities583K2.9M4.3M5.7M6.1M4.8M
Total Stockholder Equity6.4M199.2M161.9M102.1M68.3M85.5M
Net Tangible Assets(12.1M)169.7M132.4M102.1M117.4M71.9M
Property Plant And Equipment Net459K1.2M8.9M7.9M6.6M6.9M
Net Debt(6.2M)(167.5M)(28.5M)(17.7M)(34.1M)(35.8M)
Retained Earnings(225.5M)(46.8M)(94.0M)(160.0M)(200.4M)(210.4M)
Accounts Payable263K914K954K1.6M2.4M2.6M
Cash6.2M168.6M35.7M24.1M39.6M50.6M
Non Current Assets Total581K33.7M79.5M27.1M10.2M16.9M
Non Currrent Assets Other122K3.0M1.6M1.4M3.7M3.9M
Cash And Short Term Investments6.2M168.6M91.2M84.4M65.6M73.7M
Retained Earnings Total Equity(189.7M)(210.5M)(225.5M)(46.8M)(42.1M)(44.2M)
Common Stock Shares Outstanding64.4K7.2M11.2M11.3M11.3M11.9M
Liabilities And Stockholders Equity7.0M203.2M172.6M113.3M79.0M92.2M
Capital Surpluse203.0M209.4M213.4M246.0M282.9M228.9M
Other Current Assets744K837K1.9M1.3M2.9M1.6M
Other Stockholder Equity213.4M246.0M256.1M262.7M268.7M237.6M
Total Liab583K3.9M10.7M11.2M10.6M6.7M
Property Plant And Equipment Gross0.01.2M8.9M7.9M7.4M7.8M
Total Current Assets7.0M169.4M93.1M86.1M68.7M75.4M
Accumulated Other Comprehensive Income3K0.0(211K)(688K)(31K)(32.6K)
Common Stock18K19K3K11K9.9K10.6K
Property Plant Equipment459K1.2M8.9M7.9M9.0M9.5M
Other Assets(581K)1.9M1.6M1.4M1.00.95
Non Current Liabilities Total263K999K6.4M5.5M4.5M3.2M
Net Invested Capital(12.1M)199.2M161.9M102.1M68.3M95.0M
Net Working Capital6.4M166.5M88.8M80.4M62.6M77.9M

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When determining whether Protara Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Protara Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Protara Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Protara Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Protara Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Protara Stock refer to our How to Trade Protara Stock guide.
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Is Biotechnology 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 Protara Therapeutics. If investors know Protara 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 Protara Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.64)
Return On Assets
(0.28)
Return On Equity
(0.46)
The market value of Protara Therapeutics is measured differently than its book value, which is the value of Protara that is recorded on the company's balance sheet. Investors also form their own opinion of Protara Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Protara Therapeutics' 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 Protara Therapeutics' market value can be influenced by many factors that don't directly affect Protara Therapeutics' 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 Protara Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Protara Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Protara Therapeutics' 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.