Soligenix Non Operating Income Net Other vs Total Operating Expenses Analysis
| SNGX Stock | USD 0.32 0.03 8.57% |
Soligenix financial indicator trend analysis is much more than just breaking down Soligenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soligenix is a good investment. Please check the relationship between Soligenix Non Operating Income Net Other and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.
Non Operating Income Net Other vs Total Operating Expenses
Non Operating Income Net Other vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soligenix Non Operating Income Net Other account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Soligenix's Non Operating Income Net Other and Total Operating Expenses is 0.4. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Non Operating Income Net Other and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Soligenix are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Non Operating Income Net Other i.e., Soligenix's Non Operating Income Net Other and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Non Operating Income Net Other
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Soligenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soligenix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to rise to about (1.1 M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 95.6K | 398.1K | 90.8K | 86.2K | Total Revenue | 824.3K | 948.9K | 839.4K | 797.4K |
Soligenix fundamental ratios Correlations
Click cells to compare fundamentals
Soligenix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soligenix fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.8M | 19.9M | 26.9M | 14.3M | 9.8M | 10.0M | |
| Total Current Liabilities | 6.3M | 6.1M | 6.3M | 16.5M | 6.2M | 3.9M | |
| Total Stockholder Equity | 1.5M | 3.7M | 10.7M | (2.5M) | 2.5M | 3.4M | |
| Property Plant And Equipment Net | 161.5K | 251.5K | 128.4K | 359.5K | 241.8K | 253.8K | |
| Net Debt | (5.3M) | (8.2M) | (16.1M) | (3.1M) | (5.0M) | (5.2M) | |
| Retained Earnings | (175.5M) | (193.2M) | (205.8M) | (219.6M) | (225.7M) | (214.4M) | |
| Cash | 5.4M | 18.7M | 26.0M | 13.4M | 8.4M | 7.9M | |
| Non Current Assets Total | 282.0K | 424.2K | 300.4K | 426.6K | 290.0K | 275.5K | |
| Cash And Short Term Investments | 5.4M | 18.7M | 26.0M | 13.4M | 8.4M | 8.4M | |
| Common Stock Total Equity | 8.7K | 17.7K | 21.8K | 30.6K | 35.2K | 50.0K | |
| Common Stock Shares Outstanding | 1.3M | 1.8M | 2.7M | 2.9M | 7.8M | 8.1M | |
| Liabilities And Stockholders Equity | 7.8M | 19.9M | 26.9M | 14.3M | 9.8M | 10.0M | |
| Other Stockholder Equity | 177.0M | 196.9M | 216.4M | 217.1M | 228.2M | 127.1M | |
| Total Liab | 6.3M | 16.1M | 16.1M | 16.8M | 7.3M | 5.2M | |
| Property Plant And Equipment Gross | 161.5K | 251.5K | 296.2K | 474.2K | 363.1K | 381.2K | |
| Total Current Assets | 7.5M | 19.5M | 26.6M | 13.9M | 9.5M | 9.1M | |
| Intangible Assets | 46.9K | 19.7K | 23.3K | 7.8K | 7.0K | 6.6K | |
| Common Stock | 21.8K | 30.6K | 42.9K | 2.9K | 10.4K | 10.9K | |
| Non Currrent Assets Other | 100.8K | 172.7K | 172.0K | 43.0K | 22.8K | 21.6K | |
| Accumulated Other Comprehensive Income | (45.0K) | (24.3K) | 41.9K | 24.7K | 22.2K | 23.4K | |
| Accounts Payable | 2.7M | 2.1M | 2.9M | 3.9M | 1.1M | 1.8M | |
| Non Current Liabilities Total | 6.1K | 10.1M | 9.9M | 233.7K | 1.1M | 1.1M | |
| Other Current Assets | 609.7K | 225.5K | 282.9K | 274.2K | 866.0K | 909.3K | |
| Other Current Liab | 3.5M | 3.5M | 3.3M | 2.6M | 2.7M | 1.9M | |
| Other Assets | 82.5K | 62.1K | 149.4K | 172.0K | 197.8K | 207.7K | |
| Property Plant Equipment | 19.6K | 161.5K | 251.5K | 128.4K | 115.5K | 75.0K | |
| Net Receivables | 1.5M | 564.9K | 242.7K | 219.3K | 195.1K | 185.4K | |
| Retained Earnings Total Equity | (157.3M) | (166.2M) | (175.5M) | (193.2M) | (173.9M) | (182.6M) | |
| Deferred Long Term Liab | 59.8K | 39.3K | 53.5K | 20.3K | 23.3K | 17.3K | |
| Net Tangible Assets | 6.2M | 1.4M | 3.7M | 10.7M | 12.3M | 12.9M | |
| Capital Surpluse | 163.6M | 172.4M | 177.0M | 196.9M | 226.5M | 176.5M | |
| Net Invested Capital | 1.5M | 14.0M | 20.6M | 7.4M | 5.8M | 9.7M | |
| Net Working Capital | 1.2M | 13.4M | 20.3M | (2.7M) | 3.4M | 5.5M | |
| Capital Stock | 21.8K | 30.6K | 42.9K | 2.9K | 10.4K | 16.8K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Soligenix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Soligenix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Soligenix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Soligenix Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.Note that the Soligenix information on this page should be used as a complementary analysis to other Soligenix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Soligenix's price analysis, check to measure Soligenix's 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 Soligenix is operating at the current time. Most of Soligenix's value examination focuses on studying past and present price action to predict the probability of Soligenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soligenix's price. Additionally, you may evaluate how the addition of Soligenix to your portfolios can decrease your overall portfolio volatility.
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Is Soligenix's industry 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 Soligenix. If investors know Soligenix 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 Soligenix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 0.108 | Quarterly Revenue Growth (0.33) | Return On Assets (0.40) | Return On Equity (237.84) |
The market value of Soligenix is measured differently than its book value, which is the value of Soligenix that is recorded on the company's balance sheet. Investors also form their own opinion of Soligenix's value that differs from its market value or its book value, called intrinsic value, which is Soligenix's 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 Soligenix's market value can be influenced by many factors that don't directly affect Soligenix's 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 Soligenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soligenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soligenix's 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.