EGRX Stock | | | USD 3.71 0.02 0.54% |
Eagle Pharmaceuticals financial indicator trend analysis is much more than just examining Eagle Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Pharmaceuticals is a good investment. Please check the relationship between Eagle Pharmaceuticals Cash And Short Term Investments and its Net Receivables accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle 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 Eagle Stock please use our
How to Invest in Eagle Pharmaceuticals guide.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eagle Pharmaceuticals Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eagle Pharmaceuticals' Cash And Short Term Investments and Net Receivables is 0.66. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Eagle Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Eagle Pharmaceuticals' Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Eagle Pharmaceuticals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Eagle Pharmaceuticals' Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Eagle Pharmaceuticals balance sheet. This account contains Eagle Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eagle Pharmaceuticals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Receivables
Most indicators from Eagle Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle 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 Eagle Stock please use our
How to Invest in Eagle Pharmaceuticals guide.At this time, Eagle Pharmaceuticals'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 31.1
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.25 in 2024.
Eagle Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Eagle Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eagle Pharmaceuticals fundamental ratios Accounts
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Additional Tools for Eagle Stock Analysis
When running Eagle Pharmaceuticals' price analysis, check to
measure Eagle 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 Eagle Pharmaceuticals is operating at the current time. Most of Eagle Pharmaceuticals' value examination focuses on studying past and present price action to
predict the probability of Eagle Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Pharmaceuticals' price. Additionally, you may evaluate how the addition of Eagle Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.