Tff Non Current Liabilities Total vs Common Stock Shares Outstanding Analysis

TFFP Stock  USD 0.30  0.01  1.67%   
Tff Pharmaceuticals financial indicator trend analysis is much more than just breaking down Tff Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tff Pharmaceuticals is a good investment. Please check the relationship between Tff Pharmaceuticals Non Current Liabilities Total and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tff 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 census.
To learn how to invest in Tff Stock, please use our How to Invest in Tff Pharmaceuticals guide.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tff Pharmaceuticals Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tff Pharmaceuticals' Non Current Liabilities Total and Common Stock Shares Outstanding is -0.57. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Tff Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Tff Pharmaceuticals' Non Current Liabilities Total and Common Stock Shares 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 Non Current Liabilities Total of Tff Pharmaceuticals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Tff Pharmaceuticals' Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Tff Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tff 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 Tff 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 census.
To learn how to invest in Tff Stock, please use our How to Invest in Tff Pharmaceuticals guide.As of 11/27/2024, Selling General Administrative is likely to drop to about 6.8 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 4.8 M

Tff Pharmaceuticals fundamental ratios Correlations

0.560.87-0.90.840.88-0.780.220.510.470.37-0.18-0.710.180.830.830.70.86-0.71-0.80.28-0.710.650.69-0.810.65
0.560.74-0.450.880.74-0.840.790.980.99-0.51-0.90.030.90.790.740.850.660.03-0.820.830.030.360.28-0.470.36
0.870.74-0.910.880.87-0.970.40.770.650.06-0.42-0.580.420.970.940.860.95-0.58-0.980.57-0.580.730.74-0.810.73
-0.9-0.45-0.91-0.75-0.790.8-0.02-0.47-0.33-0.320.050.72-0.05-0.87-0.89-0.65-0.950.720.83-0.370.72-0.88-0.920.92-0.88
0.840.880.88-0.750.87-0.870.520.860.82-0.13-0.64-0.290.640.910.910.910.87-0.29-0.880.68-0.290.580.56-0.730.58
0.880.740.87-0.790.87-0.880.480.690.680.07-0.42-0.430.420.910.890.70.86-0.43-0.880.47-0.430.560.61-0.70.56
-0.78-0.84-0.970.8-0.87-0.88-0.57-0.86-0.780.130.580.42-0.57-0.97-0.91-0.86-0.890.421.0-0.680.42-0.65-0.640.71-0.65
0.220.790.4-0.020.520.48-0.570.740.84-0.55-0.840.180.830.430.310.640.210.18-0.540.530.18-0.15-0.170.11-0.15
0.510.980.77-0.470.860.69-0.860.740.96-0.5-0.90.010.90.810.760.870.680.01-0.850.840.010.380.3-0.490.38
0.470.990.65-0.330.820.68-0.780.840.96-0.57-0.940.120.940.710.650.80.560.12-0.760.810.120.240.16-0.360.24
0.37-0.510.06-0.32-0.130.070.13-0.55-0.5-0.570.7-0.77-0.71-0.05-0.02-0.220.07-0.770.1-0.75-0.770.060.19-0.20.06
-0.18-0.9-0.420.05-0.64-0.420.58-0.84-0.9-0.940.7-0.35-1.0-0.49-0.43-0.67-0.31-0.350.55-0.75-0.350.010.110.110.01
-0.710.03-0.580.72-0.29-0.430.420.180.010.12-0.77-0.350.36-0.41-0.39-0.3-0.491.00.450.261.0-0.46-0.540.55-0.46
0.180.90.42-0.050.640.42-0.570.830.90.94-0.71-1.00.360.490.430.670.310.36-0.550.760.36-0.01-0.11-0.11-0.01
0.830.790.97-0.870.910.91-0.970.430.810.71-0.05-0.49-0.410.490.990.840.97-0.41-0.970.65-0.410.720.74-0.80.72
0.830.740.94-0.890.910.89-0.910.310.760.65-0.02-0.43-0.390.430.990.80.99-0.39-0.920.64-0.390.770.79-0.850.77
0.70.850.86-0.650.910.7-0.860.640.870.8-0.22-0.67-0.30.670.840.80.77-0.3-0.860.67-0.30.490.46-0.540.49
0.860.660.95-0.950.870.86-0.890.210.680.560.07-0.31-0.490.310.970.990.77-0.49-0.90.59-0.490.840.87-0.90.84
-0.710.03-0.580.72-0.29-0.430.420.180.010.12-0.77-0.351.00.36-0.41-0.39-0.3-0.490.450.261.0-0.46-0.540.55-0.46
-0.8-0.82-0.980.83-0.88-0.881.0-0.54-0.85-0.760.10.550.45-0.55-0.97-0.92-0.86-0.90.45-0.660.45-0.66-0.660.73-0.66
0.280.830.57-0.370.680.47-0.680.530.840.81-0.75-0.750.260.760.650.640.670.590.26-0.660.260.550.43-0.480.55
-0.710.03-0.580.72-0.29-0.430.420.180.010.12-0.77-0.351.00.36-0.41-0.39-0.3-0.491.00.450.26-0.46-0.540.55-0.46
0.650.360.73-0.880.580.56-0.65-0.150.380.240.060.01-0.46-0.010.720.770.490.84-0.46-0.660.55-0.460.97-0.911.0
0.690.280.74-0.920.560.61-0.64-0.170.30.160.190.11-0.54-0.110.740.790.460.87-0.54-0.660.43-0.540.97-0.880.97
-0.81-0.47-0.810.92-0.73-0.70.710.11-0.49-0.36-0.20.110.55-0.11-0.8-0.85-0.54-0.90.550.73-0.480.55-0.91-0.88-0.91
0.650.360.73-0.880.580.56-0.65-0.150.380.240.060.01-0.46-0.010.720.770.490.84-0.46-0.660.55-0.461.00.97-0.91
Click cells to compare fundamentals

Tff Pharmaceuticals Account Relationship Matchups

Tff Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities410.6K1.3M2.0M1.1M2.4M2.5M
Total Stockholder Equity27.6M37.3M38.7M22.9M9.6M9.1M
Net Tangible Assets(3.2M)27.6M37.3M38.7M44.5M46.8M
Retained Earnings(15.7M)(34.3M)(65.3M)(97.1M)(118.3M)(112.4M)
Accounts Payable410.6K1.3M1.5M919.6K958.4K759.2K
Total Liab1.5M1.3M2.0M1.2M2.5M1.3M
Total Assets29.2M38.7M40.7M24.1M12.0M11.4M
Cash28.1M35.3M33.8M16.6M5.5M5.2M
Common Stock Shares Outstanding276.2K817.0K992.8K1.2M1.8M1.7M
Non Current Liabilities Total1.1M1.3M416.9K110.1K31.7K30.2K
Net Invested Capital27.6M37.3M38.7M22.9M9.6M9.1M
Total Current Assets29.2M37.6M38.8M19.0M7.6M7.2M
Net Working Capital28.8M36.2M36.9M17.9M5.2M4.9M
Net Debt(28.1M)(35.3M)(33.8M)(16.4M)(5.4M)(5.6M)
Cash And Short Term Investments28.1M35.3M33.8M16.6M5.5M5.2M
Liabilities And Stockholders Equity29.2M38.7M40.7M24.1M12.0M20.7M
Other Current Assets1.1M4.5M2.4M2.2M1.7M2.2M
Other Stockholder Equity43.3M71.6M104.1M120.1M128.0M88.0M
Accumulated Other Comprehensive Income(29.2M)(51.5K)(48.9K)(139.3K)(148.2K)(155.6K)
Capital Stock18.5K22.5K25.4K36.2K2.4K2.3K
Common Stock18.5K22.5K25.4K36.2K2.4K2.3K

Pair Trading with Tff Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tff Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tff Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tff Stock

  0.64VALN Valneva SE ADRPairCorr
  0.68JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.79LLY Eli Lilly Sell-off TrendPairCorr

Moving against Tff Stock

  0.65BMY Bristol Myers Squibb Aggressive PushPairCorr
  0.55NAMS NewAmsterdam PharmaPairCorr
  0.34GILD Gilead SciencesPairCorr
  0.34MNOV MediciNovaPairCorr
The ability to find closely correlated positions to Tff Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tff Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tff Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tff Pharmaceuticals to buy it.
The correlation of Tff Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tff Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tff Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tff Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tff Stock Analysis

When running Tff Pharmaceuticals' price analysis, check to measure Tff Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tff Pharmaceuticals is operating at the current time. Most of Tff Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Tff Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tff Pharmaceuticals' price. Additionally, you may evaluate how the addition of Tff Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.