Eagle Common Stock Shares Outstanding vs Short Term Investments Analysis

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 Common Stock Shares Outstanding and its Short Term Investments 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.

Common Stock Shares Outstanding vs Short Term Investments

Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Pharmaceuticals Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eagle Pharmaceuticals' Common Stock Shares Outstanding and Short Term Investments is -0.53. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments 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' Common Stock Shares Outstanding and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Eagle Pharmaceuticals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Eagle Pharmaceuticals' Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Eagle Pharmaceuticals balance sheet. It contains any investments Eagle Pharmaceuticals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eagle Pharmaceuticals can easily liquidate in the marketplace.
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.
 2021 2022 2023 2024 (projected)
Interest Expense1.6M4.0M4.7M4.9M
Depreciation And Amortization3.8M12.0M13.8M14.5M

Eagle Pharmaceuticals fundamental ratios Correlations

0.650.820.920.890.390.79-0.020.940.930.640.960.860.930.910.630.980.80.66-0.240.930.860.770.10.960.9
0.650.580.530.70.30.44-0.110.480.590.410.60.510.550.460.430.660.750.550.260.680.550.570.520.590.52
0.820.580.940.560.060.450.420.630.830.150.920.940.880.690.140.740.460.39-0.180.840.950.460.090.920.81
0.920.530.940.70.130.660.270.820.930.360.960.960.940.880.340.840.590.43-0.20.850.980.61-0.030.970.93
0.890.70.560.70.480.87-0.320.890.790.790.770.620.770.80.770.90.920.73-0.250.780.630.860.240.760.76
0.390.30.060.130.480.19-0.560.330.340.710.22-0.050.140.310.690.450.480.74-0.440.370.00.580.50.240.4
0.790.440.450.660.870.19-0.120.910.690.610.720.620.730.820.580.780.690.43-0.170.650.580.8-0.210.70.66
-0.02-0.110.420.27-0.32-0.56-0.12-0.070.09-0.740.240.410.210.04-0.74-0.07-0.46-0.530.170.170.33-0.26-0.540.250.04
0.940.480.630.820.890.330.91-0.070.820.690.870.780.870.930.670.930.750.53-0.220.840.740.76-0.150.870.81
0.930.590.830.930.790.340.690.090.820.460.930.810.920.860.450.880.710.58-0.230.810.860.750.130.920.95
0.640.410.150.360.790.710.61-0.740.690.460.40.230.40.610.990.680.810.76-0.30.490.270.680.320.420.53
0.960.60.920.960.770.220.720.240.870.930.40.940.980.860.380.910.650.5-0.20.930.920.67-0.010.990.88
0.860.510.940.960.62-0.050.620.410.780.810.230.940.930.80.220.770.490.27-0.080.840.970.46-0.160.940.8
0.930.550.880.940.770.140.730.210.870.920.40.980.930.830.380.870.640.46-0.180.850.90.6-0.040.950.86
0.910.460.690.880.80.310.820.040.930.860.610.860.80.830.590.880.670.45-0.170.820.820.75-0.170.90.91
0.630.430.140.340.770.690.58-0.740.670.450.990.380.220.380.590.660.830.73-0.230.490.260.660.340.410.51
0.980.660.740.840.90.450.78-0.070.930.880.680.910.770.870.880.660.820.73-0.260.930.790.770.110.910.84
0.80.750.460.590.920.480.69-0.460.750.710.810.650.490.640.670.830.820.75-0.10.690.540.760.440.640.65
0.660.550.390.430.730.740.43-0.530.530.580.760.50.270.460.450.730.730.75-0.530.580.360.660.610.50.54
-0.240.26-0.18-0.2-0.25-0.44-0.170.17-0.22-0.23-0.3-0.2-0.08-0.18-0.17-0.23-0.26-0.1-0.53-0.18-0.12-0.27-0.13-0.21-0.28
0.930.680.840.850.780.370.650.170.840.810.490.930.840.850.820.490.930.690.58-0.180.810.690.070.940.78
0.860.550.950.980.630.00.580.330.740.860.270.920.970.90.820.260.790.540.36-0.120.810.49-0.030.940.86
0.770.570.460.610.860.580.8-0.260.760.750.680.670.460.60.750.660.770.760.66-0.270.690.490.210.680.74
0.10.520.09-0.030.240.5-0.21-0.54-0.150.130.32-0.01-0.16-0.04-0.170.340.110.440.61-0.130.07-0.030.21-0.020.1
0.960.590.920.970.760.240.70.250.870.920.420.990.940.950.90.410.910.640.5-0.210.940.940.68-0.020.91
0.90.520.810.930.760.40.660.040.810.950.530.880.80.860.910.510.840.650.54-0.280.780.860.740.10.91
Click cells to compare fundamentals

Eagle Pharmaceuticals Account Relationship Matchups

Eagle Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.6M253.2M253.7M406.2M467.1M490.4M
Short Long Term Debt Total38.6M37.1M25.6M62.5M71.8M41.6M
Other Current Liab2.3M3.1M7.0M85.8M98.7M103.7M
Total Current Liabilities38.8M38.1M74.4M111.1M127.8M134.1M
Total Stockholder Equity179.2M186.0M176.5M233.6M268.6M138.0M
Property Plant And Equipment Net2.2M2.1M1.6M1.2M1.3M2.3M
Current Deferred Revenue21.7M26.1M20.7M25.4M29.2M17.3M
Net Debt(71.2M)(66.1M)(72.1M)7.1M6.4M6.8M
Retained Earnings72.5M84.5M75.9M111.5M128.2M134.6M
Accounts Payable5.5M6.3M16.4M19.0M21.8M22.9M
Cash109.8M103.2M97.7M55.3M63.6M73.0M
Non Current Assets Total75.1M87.1M81.1M217.4M250.0M262.5M
Non Currrent Assets Other3.9M5.0M4.2M15.7M18.1M19.0M
Other Assets13.9M32.4M29.1M52.9M60.8M63.9M
Long Term Debt38.2M33.6M25.1M56.2M64.6M67.9M
Cash And Short Term Investments109.8M103.2M97.7M55.3M63.6M75.1M
Net Receivables48.0M51.1M41.1M72.4M83.3M87.5M
Common Stock Shares Outstanding14.1M13.8M13.1M13.1M15.0M14.9M
Liabilities And Stockholders Equity254.6M253.2M253.7M406.2M467.1M490.4M
Non Current Liabilities Total36.6M29.1M2.9M61.5M70.7M74.3M
Inventory6.6M8.1M21.9M47.8M55.0M57.7M
Other Current Assets15.1M1.6M11.9M13.2M15.2M8.2M
Other Stockholder Equity106.7M101.5M100.7M123.2M110.8M100.8M
Total Liab75.4M67.2M77.3M172.6M198.5M208.4M
Property Plant And Equipment Gross2.2M2.1M7.6M7.8M8.9M9.4M
Total Current Assets179.4M166.1M172.6M188.8M217.1M137.0M
Short Term Debt6.3M5M8M25.6M7.2M8.5M
Property Plant Equipment2.2M2.1M1.6M1.2M1.3M2.3M
Net Tangible Assets123.8M133.4M126.0M70.2M80.7M106.8M
Retained Earnings Total Equity72.5M84.5M75.9M111.5M128.2M134.6M
Capital Surpluse278.5M305.4M325.8M366.3M421.2M282.9M
Treasury Stock(171.9M)(203.9M)(225.1M)(243.1M)(218.8M)(207.9M)
Intangible Assets15.6M12.9M10.7M118.3M136.1M142.9M

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