Tarsus Ptb Ratio vs Roic Analysis

TARS Stock

USD 50.84 1.18 2.38%

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 Roic 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 Roic

Ptb Ratio vs Roic 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 Roic. At this time, the significance of the direction appears to have pay attention.

The correlation between Tarsus Pharmaceuticals' Ptb Ratio and Roic is -0.97. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Roic 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 Roic 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 Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Ptb Ratio i.e., Tarsus Pharmaceuticals' Ptb Ratio and Roic go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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 Depreciation	312K	325K	628K	659.4K
Total Operating Expenses	67.1M	87.6M	159.0M	167.0M

Reconciled Depreciation Total Operating Expenses

Tarsus Pharmaceuticals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment
Total Assets		0.84	0.81	0.98	0.98	0.89	-0.87	-0.81	0.74	0.92	0.77	1.0	0.65	1.0	0.96	0.35	0.92	0.92	0.65	0.99	0.76	1.0	1.0	1.0	1.0	0.96
Other Current Liab	0.84		1.0	0.8	0.79	0.98	-0.82	-0.99	0.98	0.78	0.99	0.82	0.94	0.82	0.81	0.35	0.82	0.97	0.65	0.82	0.98	0.84	0.84	0.82	0.84	0.73
Total Current Liabilities	0.81	1.0		0.76	0.75	0.98	-0.81	-0.99	0.99	0.76	0.99	0.79	0.96	0.79	0.78	0.36	0.78	0.96	0.66	0.78	0.99	0.8	0.81	0.78	0.81	0.7
Total Stockholder Equity	0.98	0.8	0.76		1.0	0.85	-0.86	-0.75	0.68	0.9	0.72	0.98	0.58	0.98	0.9	0.16	0.92	0.9	0.49	1.0	0.71	0.98	0.98	0.98	0.98	0.96
Net Tangible Assets	0.98	0.79	0.75	1.0		0.84	-0.85	-0.75	0.68	0.91	0.71	0.98	0.58	0.98	0.9	0.17	0.92	0.89	0.51	1.0	0.7	0.98	0.98	0.98	0.98	0.96
Property Plant And Equipment Net	0.89	0.98	0.98	0.85	0.84		-0.91	-0.96	0.95	0.87	0.97	0.87	0.89	0.87	0.86	0.33	0.87	0.98	0.64	0.87	0.97	0.88	0.89	0.87	0.89	0.81
Net Debt	-0.87	-0.82	-0.81	-0.86	-0.85	-0.91		0.77	-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
Retained Earnings	-0.81	-0.99	-0.99	-0.75	-0.75	-0.96	0.77		-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
Accounts Payable	0.74	0.98	0.99	0.68	0.68	0.95	-0.77	-0.99		0.72	0.99	0.71	0.99	0.72	0.73	0.37	0.7	0.93	0.66	0.71	0.98	0.74	0.75	0.71	0.75	0.64
Cash	0.92	0.78	0.76	0.9	0.91	0.87	-0.97	-0.74	0.72		0.77	0.91	0.63	0.91	0.9	0.31	0.89	0.85	0.6	0.89	0.78	0.92	0.92	0.91	0.92	0.92
Non Current Assets Total	0.77	0.99	0.99	0.72	0.71	0.97	-0.82	-0.98	0.99	0.77		0.75	0.97	0.75	0.75	0.36	0.77	0.94	0.65	0.74	1.0	0.77	0.77	0.75	0.77	0.67
Cash And Short Term Investments	1.0	0.82	0.79	0.98	0.98	0.87	-0.87	-0.78	0.71	0.91	0.75		0.62	0.99	0.96	0.34	0.91	0.91	0.63	0.99	0.74	1.0	1.0	1.0	1.0	0.97
Net Receivables	0.65	0.94	0.96	0.58	0.58	0.89	-0.69	-0.97	0.99	0.63	0.97	0.62		0.63	0.64	0.39	0.62	0.87	0.65	0.61	0.96	0.65	0.66	0.62	0.66	0.54
Common Stock Total Equity	1.0	0.82	0.79	0.98	0.98	0.87	-0.86	-0.79	0.72	0.91	0.75	0.99	0.63		0.96	0.35	0.91	0.9	0.66	0.98	0.74	1.0	1.0	0.99	1.0	0.96
Common Stock Shares Outstanding	0.96	0.81	0.78	0.9	0.9	0.86	-0.87	-0.78	0.73	0.9	0.75	0.96	0.64	0.96		0.57	0.85	0.87	0.8	0.9	0.75	0.96	0.96	0.96	0.96	0.93
Non Current Liabilities Total	0.35	0.35	0.36	0.16	0.17	0.33	-0.29	-0.38	0.37	0.31	0.36	0.34	0.39	0.35	0.57		0.18	0.29	0.91	0.18	0.36	0.34	0.35	0.34	0.35	0.27
Other Current Assets	0.92	0.82	0.78	0.92	0.92	0.87	-0.85	-0.76	0.7	0.89	0.77	0.91	0.62	0.91	0.85	0.18		0.86	0.53	0.92	0.78	0.91	0.91	0.9	0.91	0.82
Other Stockholder Equity	0.92	0.97	0.96	0.9	0.89	0.98	-0.87	-0.95	0.93	0.85	0.94	0.91	0.87	0.9	0.87	0.29	0.86		0.61	0.91	0.93	0.92	0.92	0.91	0.92	0.85
Total Liab	0.65	0.65	0.66	0.49	0.51	0.64	-0.56	-0.68	0.66	0.6	0.65	0.63	0.65	0.66	0.8	0.91	0.53	0.61		0.52	0.65	0.65	0.66	0.63	0.66	0.55
Net Invested Capital	0.99	0.82	0.78	1.0	1.0	0.87	-0.85	-0.78	0.71	0.89	0.74	0.99	0.61	0.98	0.9	0.18	0.92	0.91	0.52		0.73	0.99	0.98	0.98	0.98	0.96
Property Plant And Equipment Gross	0.76	0.98	0.99	0.71	0.7	0.97	-0.83	-0.97	0.98	0.78	1.0	0.74	0.96	0.74	0.75	0.36	0.78	0.93	0.65	0.73		0.76	0.76	0.73	0.76	0.66
Total Current Assets	1.0	0.84	0.8	0.98	0.98	0.88	-0.87	-0.8	0.74	0.92	0.77	1.0	0.65	1.0	0.96	0.34	0.91	0.92	0.65	0.99	0.76		1.0	1.0	1.0	0.96
Capital Stock	1.0	0.84	0.81	0.98	0.98	0.89	-0.87	-0.81	0.75	0.92	0.77	1.0	0.66	1.0	0.96	0.35	0.91	0.92	0.66	0.98	0.76	1.0		1.0	1.0	0.96
Net Working Capital	1.0	0.82	0.78	0.98	0.98	0.87	-0.87	-0.78	0.71	0.91	0.75	1.0	0.62	0.99	0.96	0.34	0.9	0.91	0.63	0.98	0.73	1.0	1.0		1.0	0.97
Common Stock	1.0	0.84	0.81	0.98	0.98	0.89	-0.87	-0.81	0.75	0.92	0.77	1.0	0.66	1.0	0.96	0.35	0.91	0.92	0.66	0.98	0.76	1.0	1.0	1.0		0.96
Property Plant Equipment	0.96	0.73	0.7	0.96	0.96	0.81	-0.89	-0.7	0.64	0.92	0.67	0.97	0.54	0.96	0.93	0.27	0.82	0.85	0.55	0.96	0.66	0.96	0.96	0.97	0.96

Click cells to compare fundamentals

Tarsus Pharmaceuticals Account Relationship Matchups

Tarsus Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	58.3M	172.0M	178.9M	227.9M	265.5M	165.9M
Other Current Liab	299K	2.9M	7.3M	9.2M	18.4M	19.3M
Total Current Liabilities	819K	5.4M	11.5M	15.4M	36.9M	38.8M
Total Stockholder Equity	(6.0M)	166.0M	166.7M	192.9M	197.0M	131.1M
Net Tangible Assets	(6.0M)	166.0M	166.7M	192.9M	221.8M	114.0M
Property Plant And Equipment Net	280K	1.2M	1.8M	1.5M	3.3M	3.5M
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 Payable	456K	2.2M	2.9M	5.5M	18.1M	19.1M
Cash	58.0M	168.1M	171.3M	71.7M	224.9M	127.7M
Non Current Assets Total	286K	1.3M	3.0M	2.5M	9.4M	9.8M
Cash And Short Term Investments	58.0M	168.1M	171.8M	217.0M	227.4M	154.9M
Net Receivables	36K	20K	92K	3.6M	17.7M	18.6M
Common Stock Shares Outstanding	19.5M	20.3M	20.6M	24.6M	29.4M	21.8M
Liabilities And Stockholders Equity	58.3M	172.0M	178.9M	227.9M	265.5M	165.9M
Non Current Liabilities Total	63.5M	605K	699K	19.5M	31.6M	21.9M
Capital Lease Obligations	164K	831K	1.9M	773K	398K	743.8K
Other Current Assets	22K	2.5M	8.1M	4.8M	7.9M	4.3M
Other Stockholder Equity	27K	198.8M	213.4M	301.7M	441.6M	463.7M
Total Liab	64.3M	6.0M	12.2M	35.0M	68.5M	34.8M
Net Invested Capital	(6.0M)	166.0M	166.7M	212.3M	226.8M	140.2M
Property Plant And Equipment Gross	280K	548K	1.8M	957K	4.6M	4.9M
Total Current Assets	58.0M	170.7M	176.0M	225.4M	256.1M	162.9M
Net Working Capital	57.2M	165.3M	164.5M	209.9M	219.2M	150.0M
Property Plant Equipment	280K	1.2M	755K	957K	1.1M	711.5K

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