Travere Intangible Assets vs Short Long Term Debt Analysis

TVTX Stock  USD 7.42  0.40  5.70%   
Travere Therapeutics financial indicator trend analysis is much more than just breaking down Travere Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Travere Therapeutics is a good investment. Please check the relationship between Travere Therapeutics Intangible Assets and its Short Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Travere Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.

Intangible Assets vs Short Long Term Debt

Intangible Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Travere Therapeutics Intangible Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Travere Therapeutics' Intangible Assets and Short Long Term Debt is -0.09. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Travere Therapeutics, assuming nothing else is changed. The correlation between historical values of Travere Therapeutics' Intangible Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Travere Therapeutics are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Intangible Assets i.e., Travere Therapeutics' Intangible Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

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

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
Most indicators from Travere Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Travere Therapeutics 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 Travere Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.At this time, Travere Therapeutics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 234.2 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 113.4 M in 2024.
 2021 2022 2023 2024 (projected)
Research Development210.3M235.8M237.7M122.4M
Depreciation And Amortization2.2M7.3M44.9M47.2M

Travere Therapeutics fundamental ratios Correlations

0.720.770.870.80.54-0.680.60.830.980.920.470.850.820.850.990.110.940.620.20.930.310.670.860.960.6
0.720.810.780.270.96-0.970.810.520.780.790.480.970.950.970.76-0.160.770.87-0.270.580.650.820.460.840.89
0.770.810.80.50.74-0.850.840.520.740.80.430.850.910.880.770.00.870.770.020.740.710.940.640.790.8
0.870.780.80.50.67-0.760.670.630.850.930.430.820.80.860.860.290.950.660.170.80.40.70.710.860.66
0.80.270.50.50.06-0.220.340.750.720.570.250.450.480.460.750.250.630.210.490.850.030.430.850.670.2
0.540.960.740.670.06-0.940.790.260.60.650.430.880.860.880.59-0.210.630.78-0.370.40.710.810.280.710.83
-0.68-0.97-0.85-0.76-0.22-0.94-0.83-0.5-0.74-0.8-0.49-0.93-0.96-0.94-0.730.24-0.78-0.920.33-0.51-0.74-0.84-0.38-0.8-0.95
0.60.810.840.670.340.79-0.830.380.630.650.380.770.860.810.62-0.080.660.66-0.190.510.740.880.430.710.74
0.830.520.520.630.750.26-0.50.380.840.760.340.660.650.650.820.080.740.590.20.760.080.340.730.740.53
0.980.780.740.850.720.6-0.740.630.840.930.50.880.850.871.0-0.030.920.70.060.840.330.650.750.980.68
0.920.790.80.930.570.65-0.80.650.760.930.460.870.850.880.930.070.960.740.030.80.450.670.720.920.72
0.470.480.430.430.250.43-0.490.380.340.50.460.50.50.480.5-0.150.440.49-0.150.340.320.430.260.520.49
0.850.970.850.820.450.88-0.930.770.660.880.870.50.960.990.87-0.120.860.84-0.150.730.570.810.630.920.84
0.820.950.910.80.480.86-0.960.860.650.850.850.50.960.970.84-0.130.850.88-0.150.70.690.890.580.890.91
0.850.970.880.860.460.88-0.940.810.650.870.880.480.990.970.87-0.030.880.84-0.090.760.580.840.660.910.85
0.990.760.770.860.750.59-0.730.620.821.00.930.50.870.840.870.010.930.680.10.870.350.680.780.980.66
0.11-0.160.00.290.25-0.210.24-0.080.08-0.030.07-0.15-0.12-0.13-0.030.010.11-0.270.760.37-0.37-0.040.46-0.06-0.26
0.940.770.870.950.630.63-0.780.660.740.920.960.440.860.850.880.930.110.720.140.860.450.740.760.920.7
0.620.870.770.660.210.78-0.920.660.590.70.740.490.840.880.840.68-0.270.72-0.270.440.60.70.310.720.99
0.2-0.270.020.170.49-0.370.33-0.190.20.060.03-0.15-0.15-0.15-0.090.10.760.14-0.270.41-0.54-0.020.50.01-0.28
0.930.580.740.80.850.4-0.510.510.760.840.80.340.730.70.760.870.370.860.440.410.210.630.980.820.42
0.310.650.710.40.030.71-0.740.740.080.330.450.320.570.690.580.35-0.370.450.6-0.540.210.740.080.430.67
0.670.820.940.70.430.81-0.840.880.340.650.670.430.810.890.840.68-0.040.740.7-0.020.630.740.520.750.77
0.860.460.640.710.850.28-0.380.430.730.750.720.260.630.580.660.780.460.760.310.50.980.080.520.720.29
0.960.840.790.860.670.71-0.80.710.740.980.920.520.920.890.910.98-0.060.920.720.010.820.430.750.720.72
0.60.890.80.660.20.83-0.950.740.530.680.720.490.840.910.850.66-0.260.70.99-0.280.420.670.770.290.72
Click cells to compare fundamentals

Travere Therapeutics Account Relationship Matchups

Travere Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets604.8M607.4M776.6M672.6M788.9M461.7M
Short Long Term Debt Total204.9M215.3M262.0M407.5M404.8M425.0M
Other Current Liab68.8M80.5M88.8M108.5M124.2M130.4M
Total Current Liabilities95.4M92.7M124.1M142.2M177.9M89.6M
Total Stockholder Equity221.2M211.2M302.1M42.9M200.8M168.0M
Net Debt142.4M130.6M96.2M345.8M346.6M363.9M
Retained Earnings(416.4M)(585.9M)(766.0M)(1.0B)(1.1B)(1.1B)
Accounts Payable26.6M12.1M15.1M17.3M41.7M43.8M
Cash62.4M84.8M165.8M61.7M58.2M58.0M
Cash And Short Term Investments398.5M361.6M552.9M450.2M566.9M284.6M
Common Stock Shares Outstanding42.3M47.5M59.8M63.8M74.3M45.7M
Liabilities And Stockholders Equity604.8M607.4M776.6M672.6M788.9M461.7M
Non Current Liabilities Total288.2M303.6M350.4M487.6M410.2M430.7M
Other Stockholder Equity636.9M798.0M1.1B1.1B1.3B1.4B
Total Liab383.6M396.2M474.5M629.7M588.1M617.5M
Total Current Assets429.1M410.4M582.8M486.4M616.8M316.3M
Short Term Debt2.6M357K3.9M4.4M4.9M8.1M
Property Plant And Equipment Net2.9M9.4M34.3M30.0M25.5M26.8M
Current Deferred Revenue(2.6M)(357K)16.3M12.0M7.1M11.3M
Non Current Assets Total175.7M197.0M193.8M186.1M172.1M169.6M
Non Currrent Assets Other14.7M33.5M11.1M11.1M42.1M44.2M
Other Current Assets6.4M8.1M6.5M12.6M19.3M20.3M
Intangible Assets157.2M153.2M148.4M145.0M103.7M140.4M
Short Term Investments336.1M276.8M387.1M388.6M508.7M288.4M
Property Plant And Equipment Gross2.9M9.4M34.3M30.0M33.0M34.6M
Accumulated Other Comprehensive Income726K(902K)(562K)(2.9M)(1.5M)(1.4M)
Net Receivables18.0M33.1M16.2M16.6M21.2M21.3M
Inventory6.1M7.6M7.3M6.9M9.4M6.0M
Other Liab83.3M59.9M92.4M84.5M76.1M67.7M
Net Tangible Assets63.1M57.1M153.7M(102.2M)(92.0M)(87.4M)
Other Assets14.7M7.8M11.1M36K32.4K30.8K
Long Term Debt204.9M215.3M226.6M375.5M377.3M257.7M
Net Invested Capital426.1M426.6M528.7M418.4M578.1M511.0M
Non Current Liabilities Other83.3M88.2M20.4M73.6M8.5M8.1M
Net Working Capital333.6M317.7M458.7M344.3M438.9M396.7M
Property Plant Equipment2.9M35.1M11.1M9.0M10.4M11.8M

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When determining whether Travere Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Travere Therapeutics' 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 Travere Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Travere Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Travere Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Travere Therapeutics' price analysis, check to measure Travere Therapeutics' 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 Travere Therapeutics is operating at the current time. Most of Travere Therapeutics' value examination focuses on studying past and present price action to predict the probability of Travere Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travere Therapeutics' price. Additionally, you may evaluate how the addition of Travere Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Travere Therapeutics' 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 Travere Therapeutics. If investors know Travere 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 Travere Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.41)
Revenue Per Share
2.035
Quarterly Revenue Growth
0.339
Return On Assets
(0.36)
Return On Equity
(3.16)
The market value of Travere Therapeutics is measured differently than its book value, which is the value of Travere that is recorded on the company's balance sheet. Investors also form their own opinion of Travere Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Travere Therapeutics' 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 Travere Therapeutics' market value can be influenced by many factors that don't directly affect Travere Therapeutics' 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 Travere Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Travere Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travere Therapeutics' 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.