Psychemedics Other Stockholder Equity vs Property Plant And Equipment Net Analysis

PMD Stock  USD 2.25  0.18  7.41%   
Psychemedics financial indicator trend analysis is much more than just breaking down Psychemedics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Psychemedics is a good investment. Please check the relationship between Psychemedics Other Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Psychemedics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.

Other Stockholder Equity vs Property Plant And Equipment Net

Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Psychemedics Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Psychemedics' Other Stockholder Equity and Property Plant And Equipment Net is 0.4. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Psychemedics, assuming nothing else is changed. The correlation between historical values of Psychemedics' Other Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Psychemedics are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., Psychemedics' Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Psychemedics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Psychemedics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Psychemedics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.The current year's Enterprise Value is expected to grow to about 44.4 M, whereas Selling General Administrative is forecasted to decline to about 6.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense49K43K49.5K47.0K
Depreciation And Amortization3.7M3.3M2.7M2.8M

Psychemedics fundamental ratios Correlations

0.740.910.920.180.230.590.930.630.660.730.710.580.840.830.050.620.380.56-0.060.310.320.17-0.69-0.70.21
0.740.560.650.22-0.190.390.70.390.50.720.420.520.750.580.340.740.150.84-0.340.440.280.31-0.63-0.630.12
0.910.560.71-0.190.380.740.70.820.610.690.390.530.530.950.050.590.250.56-0.140.080.260.04-0.68-0.680.03
0.920.650.710.450.250.351.00.380.530.520.880.40.930.550.070.460.370.370.070.320.30.19-0.47-0.470.31
0.180.22-0.190.45-0.34-0.550.46-0.550.180.030.69-0.010.6-0.290.110.050.28-0.150.130.350.140.360.020.020.57
0.23-0.190.380.25-0.340.340.20.53-0.07-0.350.06-0.35-0.030.21-0.06-0.27-0.07-0.010.11-0.43-0.08-0.660.320.32-0.14
0.590.390.740.35-0.550.340.350.880.20.470.10.350.250.780.010.50.180.53-0.240.1-0.07-0.07-0.46-0.46-0.13
0.930.70.71.00.460.20.350.380.530.550.870.420.950.560.10.480.350.420.040.330.290.22-0.5-0.50.31
0.630.390.820.38-0.550.530.880.380.220.430.060.270.220.820.060.380.020.58-0.25-0.16-0.05-0.19-0.42-0.42-0.13
0.660.50.610.530.18-0.070.20.530.220.770.440.770.550.67-0.260.360.620.290.090.530.62-0.01-0.8-0.80.23
0.730.720.690.520.03-0.350.470.550.430.770.360.890.580.79-0.080.690.440.54-0.10.530.390.4-0.99-0.990.14
0.710.420.390.880.690.060.10.870.060.440.360.340.910.26-0.160.210.510.030.280.440.260.23-0.34-0.340.45
0.580.520.530.4-0.01-0.350.350.420.270.770.890.340.480.65-0.340.490.490.260.030.590.650.26-0.92-0.920.01
0.840.750.530.930.6-0.030.250.950.220.550.580.910.480.450.040.470.440.390.060.520.320.29-0.52-0.520.38
0.830.580.950.55-0.290.210.780.560.820.670.790.260.650.45-0.040.640.320.6-0.190.190.280.05-0.79-0.8-0.01
0.050.340.050.070.11-0.060.010.10.06-0.26-0.08-0.16-0.340.04-0.040.35-0.510.43-0.82-0.35-0.160.330.20.210.26
0.620.740.590.460.05-0.270.50.480.380.360.690.210.490.470.640.350.150.67-0.440.40.220.5-0.62-0.63-0.03
0.380.150.250.370.28-0.070.180.350.020.620.440.510.490.440.32-0.510.15-0.010.340.790.17-0.16-0.51-0.510.49
0.560.840.560.37-0.15-0.010.530.420.580.290.540.030.260.390.60.430.67-0.01-0.420.17-0.080.06-0.47-0.46-0.01
-0.06-0.34-0.140.070.130.11-0.240.04-0.250.09-0.10.280.030.06-0.19-0.82-0.440.34-0.420.22-0.05-0.230.010.01-0.24
0.310.440.080.320.35-0.430.10.33-0.160.530.530.440.590.520.19-0.350.40.790.170.220.30.12-0.56-0.560.22
0.320.280.260.30.14-0.08-0.070.29-0.050.620.390.260.650.320.28-0.160.220.17-0.08-0.050.30.11-0.42-0.42-0.13
0.170.310.040.190.36-0.66-0.070.22-0.19-0.010.40.230.260.290.050.330.5-0.160.06-0.230.120.11-0.33-0.330.14
-0.69-0.63-0.68-0.470.020.32-0.46-0.5-0.42-0.8-0.99-0.34-0.92-0.52-0.790.2-0.62-0.51-0.470.01-0.56-0.42-0.331.0-0.1
-0.7-0.63-0.68-0.470.020.32-0.46-0.5-0.42-0.8-0.99-0.34-0.92-0.52-0.80.21-0.63-0.51-0.460.01-0.56-0.42-0.331.0-0.1
0.210.120.030.310.57-0.14-0.130.31-0.130.230.140.450.010.38-0.010.26-0.030.49-0.01-0.240.22-0.130.14-0.1-0.1
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Psychemedics Account Relationship Matchups

Psychemedics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.5M24.0M21.6M18.7M13.3M15.1M
Total Current Liabilities5.8M3.9M5.8M5.7M4.7M2.7M
Total Stockholder Equity16.8M12.5M12.2M10.8M6.7M10.9M
Property Plant And Equipment Net13.7M13.5M10.2M7.3M4.9M4.8M
Net Debt(1.3M)6.1M3.1M(1.2M)334K350.7K
Retained Earnings(3.8M)(8.6M)(9.6M)(11.8M)(16.8M)(15.9M)
Cash7.3M2.8M2.0M4.8M2.0M3.4M
Non Current Assets Total14.7M14.4M11.3M8.8M6.5M5.4M
Cash And Short Term Investments7.3M2.8M2.0M4.8M2.0M1.9M
Net Receivables3.8M5.9M6.8M4.1M3.7M3.6M
Common Stock Shares Outstanding5.5M5.5M5.5M5.6M5.7M5.4M
Liabilities And Stockholders Equity27.5M24.0M21.6M18.7M13.3M15.1M
Non Current Liabilities Total4.9M7.6M3.5M2.2M1.9M1.8M
Other Stockholder Equity22.2M22.7M23.4M24.2M25.0M23.3M
Total Liab10.7M11.5M9.3M8.0M6.6M4.2M
Total Current Assets12.9M9.6M10.3M10.0M6.8M9.7M
Non Currrent Assets Other(901K)(1.7M)864K823K632K663.6K
Other Current Assets1.8M914K1.5M1.1M1.0M1.6M
Short Long Term Debt Total6.0M8.9M5.1M3.6M2.3M3.3M
Other Current Liab3.6M1.8M3.2M3.9M2.1M1.6M
Short Term Debt1.6M1.6M1.6M1.3M1.4M1.1M
Accounts Payable617K577K994K448K752K601.5K
Property Plant And Equipment Gross13.7M13.5M10.2M7.3M28.5M29.9M
Accumulated Other Comprehensive Income(238K)(1.4M)(1.6M)(1.6M)(1.9M)(2.0M)
Other Assets943K14.4M1.0M1.5M1.7M1.2M
Property Plant Equipment10.9M13.5M10.2M7.3M8.3M6.2M
Net Tangible Assets16.8M12.5M12.2M10.8M12.4M15.1M
Long Term Debt2.0M3.4M599K305K350.8K333.2K
Retained Earnings Total Equity(2.1M)(1.3M)(3.8M)(8.6M)(9.9M)(10.4M)
Capital Surpluse31.0M31.5M32.2M32.8M37.7M33.3M
Deferred Long Term Liab737K740K700K600K540K877.6K
Other Liab1.2M955K550K211K189.9K180.4K
Long Term Debt Total2.4M1.2M2.0M3.4M3.1M2.3M

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Psychemedics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Psychemedics Stock refer to our How to Trade Psychemedics Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.