Tonix Retained Earnings vs Intangible Assets Analysis

TNXP Stock

USD 0.15 0.0009 0.60%

Tonix Pharmaceuticals financial indicator trend analysis is much more than just breaking down Tonix Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tonix Pharmaceuticals is a good investment. Please check the relationship between Tonix Pharmaceuticals Retained Earnings and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tonix Pharmaceuticals Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tonix Pharmaceuticals Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Tonix Pharmaceuticals' Retained Earnings and Intangible Assets is -0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Tonix Pharmaceuticals Holding, assuming nothing else is changed. The correlation between historical values of Tonix Pharmaceuticals' Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Tonix Pharmaceuticals Holding are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Tonix Pharmaceuticals' Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Tonix Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tonix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tonix Pharmaceuticals Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Tonix Pharmaceuticals' Selling General Administrative is relatively stable compared to the past year. As of 06/06/2024, Enterprise Value Over EBITDA is likely to grow to 0.08, while Enterprise Value is likely to drop (8.7 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	92.3M	112.1M	117.1M	123.0M
Cost Of Revenue	92.3M	112.1M	9.0M	8.6M

Total Operating Expenses Cost Of Revenue

Tonix Pharmaceuticals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt
Total Assets		0.83	0.96	0.94	-0.8	-0.84	0.86	0.85	0.82	0.92	0.59	0.23	0.92	0.73	0.89	0.69	0.88	0.42	0.89	0.94	0.86	0.69	0.84	0.11	0.57	0.68
Other Current Liab	0.83		0.92	0.62	-0.34	-0.94	0.44	0.43	0.57	0.96	0.93	0.14	0.94	0.97	0.5	0.33	0.51	0.82	0.89	0.96	0.97	0.61	0.98	0.07	0.2	0.69
Total Current Liabilities	0.96	0.92		0.85	-0.66	-0.91	0.73	0.73	0.76	0.97	0.73	0.27	0.96	0.86	0.78	0.63	0.81	0.59	0.93	0.98	0.91	0.68	0.9	0.15	0.5	0.74
Total Stockholder Equity	0.94	0.62	0.85		-0.92	-0.68	0.94	0.94	0.85	0.77	0.33	0.25	0.77	0.49	0.96	0.75	0.94	0.14	0.76	0.8	0.69	0.7	0.65	0.08	0.64	0.56
Net Debt	-0.8	-0.34	-0.66	-0.92		0.42	-0.99	-0.99	-0.78	-0.54	0.0	-0.17	-0.55	-0.2	-0.98	-0.86	-0.94	0.16	-0.57	-0.57	-0.4	-0.55	-0.36	0.01	-0.78	-0.42
Retained Earnings	-0.84	-0.94	-0.91	-0.68	0.42		-0.5	-0.49	-0.55	-0.92	-0.85	-0.27	-0.99	-0.91	-0.56	-0.36	-0.58	-0.72	-0.92	-0.94	-0.92	-0.51	-0.93	-0.21	-0.21	-0.82
Cash	0.86	0.44	0.73	0.94	-0.99	-0.5		0.99	0.81	0.62	0.11	0.17	0.63	0.31	0.99	0.87	0.96	-0.05	0.65	0.65	0.49	0.58	0.45	0.01	0.78	0.48
Cash And Short Term Investments	0.85	0.43	0.73	0.94	-0.99	-0.49	0.99		0.8	0.61	0.1	0.27	0.62	0.3	0.99	0.86	0.96	-0.07	0.63	0.65	0.47	0.59	0.43	0.02	0.78	0.45
Net Receivables	0.82	0.57	0.76	0.85	-0.78	-0.55	0.81	0.8		0.71	0.3	0.12	0.64	0.45	0.83	0.71	0.8	0.16	0.76	0.69	0.59	0.79	0.56	0.04	0.48	0.5
Common Stock Total Equity	0.92	0.96	0.97	0.77	-0.54	-0.92	0.62	0.61	0.71		0.83	0.11	0.95	0.91	0.66	0.53	0.69	0.71	0.94	0.99	0.97	0.63	0.96	0.18	0.39	0.73
Common Stock Shares Outstanding	0.59	0.93	0.73	0.33	0.0	-0.85	0.11	0.1	0.3	0.83		0.06	0.8	0.97	0.17	0.06	0.2	0.96	0.75	0.82	0.89	0.39	0.91	0.13	-0.04	0.6
Short Term Investments	0.23	0.14	0.27	0.25	-0.17	-0.27	0.17	0.27	0.12	0.11	0.06		0.26	0.15	0.29	0.09	0.28	-0.02	0.15	0.2	0.1	0.22	0.1	0.26	0.07	0.11
Other Stockholder Equity	0.92	0.94	0.96	0.77	-0.55	-0.99	0.63	0.62	0.64	0.95	0.8	0.26		0.89	0.67	0.46	0.68	0.65	0.95	0.97	0.94	0.57	0.93	0.19	0.32	0.8
Total Liab	0.73	0.97	0.86	0.49	-0.2	-0.91	0.31	0.3	0.45	0.91	0.97	0.15	0.89		0.37	0.29	0.41	0.91	0.85	0.91	0.91	0.49	0.93	0.14	0.18	0.68
Total Current Assets	0.89	0.5	0.78	0.96	-0.98	-0.56	0.99	0.99	0.83	0.66	0.17	0.29	0.67	0.37		0.86	0.97	0.0	0.68	0.7	0.53	0.63	0.49	0.04	0.76	0.5
Common Stock	0.69	0.33	0.63	0.75	-0.86	-0.36	0.87	0.86	0.71	0.53	0.06	0.09	0.46	0.29	0.86		0.88	0.02	0.57	0.54	0.31	0.45	0.29	0.13	0.92	0.43
Accounts Payable	0.88	0.51	0.81	0.94	-0.94	-0.58	0.96	0.96	0.8	0.69	0.2	0.28	0.68	0.41	0.97	0.88		0.05	0.69	0.71	0.55	0.61	0.52	0.13	0.81	0.56
Short Long Term Debt Total	0.42	0.82	0.59	0.14	0.16	-0.72	-0.05	-0.07	0.16	0.71	0.96	-0.02	0.65	0.91	0.0	0.02	0.05		0.64	0.69	0.75	0.2	0.78	0.14	-0.08	0.53
Other Liab	0.89	0.89	0.93	0.76	-0.57	-0.92	0.65	0.63	0.76	0.94	0.75	0.15	0.95	0.85	0.68	0.57	0.69	0.64		0.93	0.87	0.58	0.87	0.21	0.35	0.86
Net Tangible Assets	0.94	0.96	0.98	0.8	-0.57	-0.94	0.65	0.65	0.69	0.99	0.82	0.2	0.97	0.91	0.7	0.54	0.71	0.69	0.93		0.96	0.64	0.95	0.12	0.41	0.72
Property Plant And Equipment Net	0.86	0.97	0.91	0.69	-0.4	-0.92	0.49	0.47	0.59	0.97	0.89	0.1	0.94	0.91	0.53	0.31	0.55	0.75	0.87	0.96		0.58	1.0	0.16	0.2	0.69
Current Deferred Revenue	0.69	0.61	0.68	0.7	-0.55	-0.51	0.58	0.59	0.79	0.63	0.39	0.22	0.57	0.49	0.63	0.45	0.61	0.2	0.58	0.64	0.58		0.57	-0.16	0.31	0.27
Non Current Assets Total	0.84	0.98	0.9	0.65	-0.36	-0.93	0.45	0.43	0.56	0.96	0.91	0.1	0.93	0.93	0.49	0.29	0.52	0.78	0.87	0.95	1.0	0.57		0.16	0.18	0.69
Non Currrent Assets Other	0.11	0.07	0.15	0.08	0.01	-0.21	0.01	0.02	0.04	0.18	0.13	0.26	0.19	0.14	0.04	0.13	0.13	0.14	0.21	0.12	0.16	-0.16	0.16		0.07	0.28
Other Assets	0.57	0.2	0.5	0.64	-0.78	-0.21	0.78	0.78	0.48	0.39	-0.04	0.07	0.32	0.18	0.76	0.92	0.81	-0.08	0.35	0.41	0.2	0.31	0.18	0.07		0.26
Long Term Debt	0.68	0.69	0.74	0.56	-0.42	-0.82	0.48	0.45	0.5	0.73	0.6	0.11	0.8	0.68	0.5	0.43	0.56	0.53	0.86	0.72	0.69	0.27	0.69	0.28	0.26

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Tonix Pharmaceuticals Account Relationship Matchups

Tonix Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	98.2M	240.9M	225.7M	154.5M	162.2M
Other Current Liab	1.0M	2.5M	5.1M	6.4M	9.5M	10.0M
Total Current Liabilities	5.1M	9.8M	21.7M	18.2M	18.9M	19.8M
Total Stockholder Equity	9.4M	87.6M	218.7M	207.2M	105.5M	53.9M
Net Debt	(10.9M)	(75.8M)	(177.7M)	(119.5M)	(15.1M)	(15.9M)
Retained Earnings	(217.1M)	(267.5M)	(359.8M)	(470.0M)	(600.7M)	(570.6M)
Cash	11.2M	77.1M	178.7M	120.2M	24.9M	37.7M
Cash And Short Term Investments	11.2M	77.1M	178.7M	120.2M	24.9M	39.9M
Net Receivables	1.0M	7.6M	7.7M	8.0M	4.6M	3.7M
Common Stock Total Equity	3K	9K	206K	496K	570.4K	598.9K
Common Stock Shares Outstanding	8.0K	473.0K	1.8M	5.7M	17.0M	17.9M
Liabilities And Stockholders Equity	14.6M	98.2M	240.9M	225.7M	154.5M	162.2M
Other Stockholder Equity	226.5M	355.0M	578.1M	677.3M	706.4M	741.7M
Total Liab	5.1M	10.5M	22.2M	18.5M	48.9M	51.4M
Total Current Assets	13.9M	88.0M	189.0M	130.8M	47.8M	44.4M
Common Stock	9K	206K	496K	76K	59.0K	67.6K
Accounts Payable	3.1M	4.6M	13.3M	8.1M	3.8M	3.2M
Net Tangible Assets	9.3M	87.5M	218.7M	207.2M	238.3M	250.2M
Property Plant And Equipment Net	390K	9.8M	51.5M	94.5M	94.9M	99.6M
Current Deferred Revenue	704K	2.2M	2.8M	3.3M	3.0M	1.7M
Non Current Assets Total	610K	10.2M	51.9M	94.9M	106.7M	112.0M
Retained Earnings Total Equity	(188.5M)	(217.1M)	(267.5M)	(359.8M)	(323.8M)	(307.6M)
Non Current Liabilities Total	6K	716K	467K	328K	30.0M	31.6M
Capital Surpluse	212.2M	226.5M	355.0M	578.1M	664.9M	698.1M
Other Current Assets	2.7M	10.9M	10.4M	10.5M	4.1M	3.6M
Property Plant And Equipment Gross	390K	9.8M	51.9M	96.2M	100.2M	105.2M
Accumulated Other Comprehensive Income	(46K)	(62K)	(92K)	(167K)	(232K)	(220.4K)
Property Plant Equipment	34K	9.8M	51.5M	94.5M	108.7M	114.1M
Net Invested Capital	9.4M	87.6M	218.7M	207.2M	112.1M	107.4M
Net Working Capital	8.8M	78.2M	167.3M	112.6M	28.9M	27.4M
Capital Stock	9K	206K	496K	76K	59K	56.1K

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Tonix Retained Earnings vs Intangible Assets Analysis

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Intangible Assets

Tonix Pharmaceuticals fundamental ratios Correlations

Tonix Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tonix Pharmaceuticals fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Tonix Stock Analysis

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Net Tangible Assets	+ 0.99	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Other Current Liab

Other Stockholder Equity	- 0.99	Retained Earnings
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Tangible Assets	- 0.94	Retained Earnings
Accounts Payable	- 0.94	Net Debt