Tonix Pharmaceuticals Revenue vs. Current Liabilities
| TNXP Stock | USD 0.19 0.01 5.00% |
Total Revenue | First Reported 2011-03-31 | Previous Quarter 2.2 M | Current Value 2.8 M | Quarterly Volatility 4.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.31 | 0.35 |
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For Tonix Pharmaceuticals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tonix Pharmaceuticals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tonix Pharmaceuticals Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tonix Pharmaceuticals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tonix Pharmaceuticals Holding over time as well as its relative position and ranking within its peers.
Tonix |
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 Tonix Pharmaceuticals. If investors know Tonix 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 Tonix Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (80.39) | Revenue Per Share 6.352 | Return On Assets (0.52) | Return On Equity (1.63) |
The market value of Tonix Pharmaceuticals is measured differently than its book value, which is the value of Tonix that is recorded on the company's balance sheet. Investors also form their own opinion of Tonix Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Tonix Pharmaceuticals' 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 Tonix Pharmaceuticals' market value can be influenced by many factors that don't directly affect Tonix Pharmaceuticals' 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 Tonix Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tonix Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tonix Pharmaceuticals' 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.
Tonix Pharmaceuticals Current Liabilities vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tonix Pharmaceuticals's current stock value. Our valuation model uses many indicators to compare Tonix Pharmaceuticals value to that of its competitors to determine the firm's financial worth. Tonix Pharmaceuticals Holding is rated fifth in revenue category among its peers. It is rated fourth in current liabilities category among its peers creating about 0.86 of Current Liabilities per Revenue. The ratio of Revenue to Current Liabilities for Tonix Pharmaceuticals Holding is roughly 1.17 . At this time, Tonix Pharmaceuticals' Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tonix Pharmaceuticals by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tonix Revenue vs. Competition
Tonix Pharmaceuticals Holding is rated fifth in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 227.02 Billion. Tonix Pharmaceuticals adds roughly 7.77 Million in revenue claiming only tiny portion of equities under Health Care industry.
Tonix Current Liabilities vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Tonix Pharmaceuticals |
| = | 7.77 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Tonix Pharmaceuticals |
| = | 6.65 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Tonix Current Liabilities Comparison
Tonix Pharmaceuticals is currently under evaluation in current liabilities category among its peers.
Tonix Pharmaceuticals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tonix Pharmaceuticals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tonix Pharmaceuticals will eventually generate negative long term returns. The profitability progress is the general direction of Tonix Pharmaceuticals' change in net profit over the period of time. It can combine multiple indicators of Tonix Pharmaceuticals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -232 K | -220.4 K | |
| Operating Income | -118.4 M | -112.5 M | |
| Net Loss | -116.7 M | -110.8 M | |
| Income Tax Expense | (1.00) | (0.95) | |
| Net Loss | -121 M | -115 M | |
| Income Before Tax | -116.7 M | -110.8 M | |
| Total Other Income Expense Net | 1.7 M | 1.8 M | |
| Net Loss | -105.2 M | -99.9 M | |
| Non Operating Income Net Other | 28.8 K | 30.2 K | |
| Interest Income | 2.8 M | 2.9 M | |
| Net Interest Income | 2.8 M | 2.9 M | |
| Change To Netincome | 12.6 M | 13.2 M | |
| Net Loss | (219.09) | (230.04) | |
| Income Quality | 0.87 | 0.97 | |
| Net Income Per E B T | 0.95 | 0.69 |
Tonix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tonix Pharmaceuticals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tonix Pharmaceuticals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tonix Pharmaceuticals' important profitability drivers and their relationship over time.
Use Tonix Pharmaceuticals in pair-trading
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 Tonix 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 Tonix Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Tonix Pharmaceuticals Pair Trading
Tonix Pharmaceuticals Holding Pair Trading Analysis
The ability to find closely correlated positions to Tonix 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 Tonix 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 Tonix 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 Tonix Pharmaceuticals Holding to buy it.
The correlation of Tonix 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 Tonix Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tonix 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 Tonix 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.Use Investing Themes to Complement your Tonix Pharmaceuticals position
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Additional Tools for Tonix Stock Analysis
When running Tonix Pharmaceuticals' price analysis, check to measure Tonix 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 Tonix Pharmaceuticals is operating at the current time. Most of Tonix Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Tonix Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tonix Pharmaceuticals' price. Additionally, you may evaluate how the addition of Tonix Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.