Tarsus Ptb Ratio vs Days Sales Outstanding Analysis

TARS Stock  USD 48.24  1.84  3.97%   
Tarsus Pharmaceuticals financial indicator trend analysis is much more than just breaking down Tarsus Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tarsus Pharmaceuticals is a good investment. Please check the relationship between Tarsus Pharmaceuticals Ptb Ratio and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tarsus 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 metropolitan statistical area.
For more information on how to buy Tarsus Stock please use our How to Invest in Tarsus Pharmaceuticals guide.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tarsus Pharmaceuticals Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tarsus Pharmaceuticals' Ptb Ratio and Days Sales Outstanding is 0.59. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Tarsus Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Tarsus Pharmaceuticals' Ptb Ratio and Days Sales 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 Ptb Ratio of Tarsus Pharmaceuticals are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Tarsus Pharmaceuticals' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

Most indicators from Tarsus Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tarsus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tarsus 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 metropolitan statistical area.
For more information on how to buy Tarsus Stock please use our How to Invest in Tarsus Pharmaceuticals guide.At this time, Tarsus Pharmaceuticals' Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 84.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.87 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation312K325K628K659.4K
Total Operating Expenses67.1M87.6M159.0M167.0M

Tarsus Pharmaceuticals fundamental ratios Correlations

0.840.810.980.980.89-0.87-0.810.740.920.771.00.651.00.960.350.920.920.650.990.761.01.01.01.00.96
0.841.00.80.790.98-0.82-0.990.980.780.990.820.940.820.810.350.820.970.650.820.980.840.840.820.840.73
0.811.00.760.750.98-0.81-0.990.990.760.990.790.960.790.780.360.780.960.660.780.990.80.810.780.810.7
0.980.80.761.00.85-0.86-0.750.680.90.720.980.580.980.90.160.920.90.491.00.710.980.980.980.980.96
0.980.790.751.00.84-0.85-0.750.680.910.710.980.580.980.90.170.920.890.511.00.70.980.980.980.980.96
0.890.980.980.850.84-0.91-0.960.950.870.970.870.890.870.860.330.870.980.640.870.970.880.890.870.890.81
-0.87-0.82-0.81-0.86-0.85-0.910.77-0.77-0.97-0.82-0.87-0.69-0.86-0.87-0.29-0.85-0.87-0.56-0.85-0.83-0.87-0.87-0.87-0.87-0.89
-0.81-0.99-0.99-0.75-0.75-0.960.77-0.99-0.74-0.98-0.78-0.97-0.79-0.78-0.38-0.76-0.95-0.68-0.78-0.97-0.8-0.81-0.78-0.81-0.7
0.740.980.990.680.680.95-0.77-0.990.720.990.710.990.720.730.370.70.930.660.710.980.740.750.710.750.64
0.920.780.760.90.910.87-0.97-0.740.720.770.910.630.910.90.310.890.850.60.890.780.920.920.910.920.92
0.770.990.990.720.710.97-0.82-0.980.990.770.750.970.750.750.360.770.940.650.741.00.770.770.750.770.67
1.00.820.790.980.980.87-0.87-0.780.710.910.750.620.990.960.340.910.910.630.990.741.01.01.01.00.97
0.650.940.960.580.580.89-0.69-0.970.990.630.970.620.630.640.390.620.870.650.610.960.650.660.620.660.54
1.00.820.790.980.980.87-0.86-0.790.720.910.750.990.630.960.350.910.90.660.980.741.01.00.991.00.96
0.960.810.780.90.90.86-0.87-0.780.730.90.750.960.640.960.570.850.870.80.90.750.960.960.960.960.93
0.350.350.360.160.170.33-0.29-0.380.370.310.360.340.390.350.570.180.290.910.180.360.340.350.340.350.27
0.920.820.780.920.920.87-0.85-0.760.70.890.770.910.620.910.850.180.860.530.920.780.910.910.90.910.82
0.920.970.960.90.890.98-0.87-0.950.930.850.940.910.870.90.870.290.860.610.910.930.920.920.910.920.85
0.650.650.660.490.510.64-0.56-0.680.660.60.650.630.650.660.80.910.530.610.520.650.650.660.630.660.55
0.990.820.781.01.00.87-0.85-0.780.710.890.740.990.610.980.90.180.920.910.520.730.990.980.980.980.96
0.760.980.990.710.70.97-0.83-0.970.980.781.00.740.960.740.750.360.780.930.650.730.760.760.730.760.66
1.00.840.80.980.980.88-0.87-0.80.740.920.771.00.651.00.960.340.910.920.650.990.761.01.01.00.96
1.00.840.810.980.980.89-0.87-0.810.750.920.771.00.661.00.960.350.910.920.660.980.761.01.01.00.96
1.00.820.780.980.980.87-0.87-0.780.710.910.751.00.620.990.960.340.90.910.630.980.731.01.01.00.97
1.00.840.810.980.980.89-0.87-0.810.750.920.771.00.661.00.960.350.910.920.660.980.761.01.01.00.96
0.960.730.70.960.960.81-0.89-0.70.640.920.670.970.540.960.930.270.820.850.550.960.660.960.960.970.96
Click cells to compare fundamentals

Tarsus Pharmaceuticals Account Relationship Matchups

Tarsus Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.3M172.0M178.9M227.9M265.5M165.9M
Other Current Liab299K2.9M7.3M9.2M18.4M19.3M
Total Current Liabilities819K5.4M11.5M15.4M36.9M38.8M
Total Stockholder Equity(6.0M)166.0M166.7M192.9M197.0M131.1M
Net Tangible Assets(6.0M)166.0M166.7M192.9M221.8M114.0M
Property Plant And Equipment Net280K1.2M1.8M1.5M3.3M3.5M
Net Debt(57.8M)(167.3M)(169.4M)(51.5M)(193.2M)(183.6M)
Retained Earnings(6.0M)(32.8M)(46.7M)(108.8M)(244.7M)(232.4M)
Accounts Payable456K2.2M2.9M5.5M18.1M19.1M
Cash58.0M168.1M171.3M71.7M224.9M127.7M
Non Current Assets Total286K1.3M3.0M2.5M9.4M9.8M
Cash And Short Term Investments58.0M168.1M171.8M217.0M227.4M154.9M
Net Receivables36K20K92K3.6M17.7M18.6M
Common Stock Shares Outstanding19.5M20.3M20.6M24.6M29.4M21.8M
Liabilities And Stockholders Equity58.3M172.0M178.9M227.9M265.5M165.9M
Non Current Liabilities Total63.5M605K699K19.5M31.6M21.9M
Capital Lease Obligations164K831K1.9M773K398K743.8K
Other Current Assets22K2.5M8.1M4.8M7.9M4.3M
Other Stockholder Equity27K198.8M213.4M301.7M441.6M463.7M
Total Liab64.3M6.0M12.2M35.0M68.5M34.8M
Net Invested Capital(6.0M)166.0M166.7M212.3M226.8M140.2M
Property Plant And Equipment Gross280K548K1.8M957K4.6M4.9M
Total Current Assets58.0M170.7M176.0M225.4M256.1M162.9M
Net Working Capital57.2M165.3M164.5M209.9M219.2M150.0M
Property Plant Equipment280K1.2M755K957K1.1M711.5K

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