VistaGen Historical Income Statement
| VTGN Stock | USD 2.84 0.15 5.58% |
Historical analysis of VistaGen Therapeutics income statement accounts such as Interest Expense of 25.1 K, Selling General Administrative of 13.4 M, Other Operating Expenses of 17.9 M or Total Operating Expenses of 17.9 M can show how well VistaGen Therapeutics performed in making a profits. Evaluating VistaGen Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VistaGen Therapeutics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining VistaGen Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VistaGen Therapeutics is a good buy for the upcoming year.
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About VistaGen Income Statement Analysis
VistaGen Therapeutics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VistaGen Therapeutics shareholders. The income statement also shows VistaGen investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
VistaGen Therapeutics Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VistaGen Therapeutics. It is also known as VistaGen Therapeutics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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.Most accounts from VistaGen Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VistaGen Therapeutics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 VistaGen 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 price. To learn how to invest in VistaGen Stock, please use our How to Invest in VistaGen Therapeutics guide.At this time, VistaGen Therapeutics' Depreciation And Amortization is very stable compared to the past year. As of the 30th of November 2024, Total Other Income Expense Net is likely to grow to about 3.8 M, while Interest Expense is likely to drop about 25.1 K.
VistaGen Therapeutics income statement Correlations
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VistaGen Therapeutics Account Relationship Matchups
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High Negative Relationship
VistaGen Therapeutics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 15K | 13K | 232K | 23K | 26.5K | 25.1K | |
| Selling General Administrative | 6.6M | 6.5M | 10.5M | 14.7M | 14.1M | 13.4M | |
| Other Operating Expenses | 20.0M | 19.0M | 48.7M | 59.0M | 34.1M | 17.9M | |
| Operating Income | (20.8M) | (17.9M) | (47.8M) | (59.3M) | (33.0M) | (31.4M) | |
| Ebit | (20.8M) | (17.9M) | (47.8M) | (59.3M) | (33.0M) | (31.4M) | |
| Ebitda | (20.7M) | (17.8M) | (46.9M) | (58.7M) | (32.5M) | (30.8M) | |
| Total Operating Expenses | 20.0M | 19.0M | 48.7M | 59.0M | 34.1M | 17.9M | |
| Income Before Tax | (20.8M) | (17.9M) | (47.8M) | (59.2M) | (29.4M) | (30.8M) | |
| Net Income | (20.8M) | (17.9M) | (47.8M) | (59.2M) | (29.4M) | (30.8M) | |
| Depreciation And Amortization | 148.2K | 117.6K | 815.2K | 531.2K | 568K | 596.4K | |
| Total Other Income Expense Net | 30.1K | 2.2K | 19.9K | 26.2K | 3.7M | 3.8M | |
| Total Revenue | 334K | 1.1M | 1.1M | (227.3K) | 1.1M | 1.1M | |
| Gross Profit | (103.1K) | 1.1M | 293.7K | (227.3K) | 1.1M | 1.1M | |
| Research Development | 13.4M | 12.5M | 35.4M | 44.4M | 20.0M | 14.7M | |
| Cost Of Revenue | 91.2K | 103.1K | 815.2K | 509.8K | 568K | 539.6K | |
| Net Income From Continuing Ops | (20.8M) | (17.9M) | (47.8M) | (59.2M) | (29.4M) | (30.8M) | |
| Net Income Applicable To Common Shares | (22.0M) | (42.3M) | (48.7M) | (59.2M) | (53.3M) | (50.7M) | |
| Net Interest Income | 30K | 2K | 20K | 26.2K | 3.4M | 3.5M | |
| Interest Income | 45K | 15K | 20K | 26.2K | 30.1K | 19.3K | |
| Reconciled Depreciation | 103.1K | 117.6K | 711.1K | 531.2K | 568K | 346.2K |
Pair Trading with VistaGen Therapeutics
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 VistaGen Therapeutics 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 VistaGen Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against VistaGen Stock
| 0.73 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.64 | ESPR | Esperion Therapeutics Buyout Trend | PairCorr |
| 0.59 | VTRS | Viatris | PairCorr |
| 0.57 | GILD | Gilead Sciences | PairCorr |
| 0.52 | EWTX | Edgewise Therapeutics | PairCorr |
The ability to find closely correlated positions to VistaGen Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VistaGen Therapeutics 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 VistaGen Therapeutics - 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 VistaGen Therapeutics to buy it.
The correlation of VistaGen Therapeutics 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 VistaGen Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VistaGen Therapeutics 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 VistaGen Therapeutics 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VistaGen 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 price. To learn how to invest in VistaGen Stock, please use our How to Invest in VistaGen Therapeutics guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 VistaGen Therapeutics. If investors know VistaGen 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 VistaGen 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 (0.74) | Revenue Per Share 0.029 | Quarterly Revenue Growth (0.34) | Return On Assets (0.39) | Return On Equity (0.62) |
The market value of VistaGen Therapeutics is measured differently than its book value, which is the value of VistaGen that is recorded on the company's balance sheet. Investors also form their own opinion of VistaGen Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is VistaGen 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 VistaGen Therapeutics' market value can be influenced by many factors that don't directly affect VistaGen 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 VistaGen Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if VistaGen Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VistaGen 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.