Psychemedics Non Currrent Assets Other from 2010 to 2024

PMD Stock  USD 2.25  0.18  7.41%   
Psychemedics' Non Currrent Assets Other are increasing over the years with slightly volatile fluctuation. Overall, Non Currrent Assets Other are expected to go to about 663.6 K this year. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
1990-12-31
Previous Quarter
632 K
Current Value
608 K
Quarterly Volatility
142.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Psychemedics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Psychemedics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 47 K or Total Revenue of 20.8 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0346 or PTB Ratio of 2.42. Psychemedics financial statements analysis is a perfect complement when working with Psychemedics Valuation or Volatility modules.
  
Check out the analysis of Psychemedics Correlation against competitors.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.

Latest Psychemedics' Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Psychemedics over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Psychemedics' Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Psychemedics' overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Psychemedics Non Currrent Assets Other Regression Statistics

Arithmetic Mean(101,097,406)
Coefficient Of Variation(150.32)
Mean Deviation135,199,421
Median100,000
Standard Deviation151,967,370
Sample Variance23094.1T
Range376.7M
R-Value0.62
Mean Square Error15316.2T
R-Squared0.38
Significance0.01
Slope21,061,726
Total Sum of Squares323317.1T

Psychemedics Non Currrent Assets Other History

2024663.6 K
2023632 K
2022823 K
2021864 K
2020-1.7 M
2019-901 K
2018927 K

About Psychemedics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Psychemedics income statement, its balance sheet, and the statement of cash flows. Psychemedics investors use historical funamental indicators, such as Psychemedics's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Psychemedics investors may use each financial statement separately, they are all related. The changes in Psychemedics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Psychemedics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Psychemedics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Psychemedics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Currrent Assets Other632 K663.6 K

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Additional Information and Resources on Investing in Psychemedics Stock

When determining whether Psychemedics is a strong investment it is important to analyze Psychemedics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Psychemedics' future performance. For an informed investment choice regarding Psychemedics Stock, refer to the following important reports:
Check out the analysis of Psychemedics Correlation against competitors.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Health Care Providers & Services 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 Psychemedics. If investors know Psychemedics 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 Psychemedics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
(0.77)
Revenue Per Share
3.743
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.13)
The market value of Psychemedics is measured differently than its book value, which is the value of Psychemedics that is recorded on the company's balance sheet. Investors also form their own opinion of Psychemedics' value that differs from its market value or its book value, called intrinsic value, which is Psychemedics' 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 Psychemedics' market value can be influenced by many factors that don't directly affect Psychemedics' 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 Psychemedics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Psychemedics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Psychemedics' 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.