Nexgel Warrant Stock Current Ratio
| NXGLW Stock | USD 0.89 0.09 11.25% |
NexGel Warrant fundamentals help investors to digest information that contributes to NexGel Warrant's financial success or failures. It also enables traders to predict the movement of NexGel Stock. The fundamental analysis module provides a way to measure NexGel Warrant's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NexGel Warrant stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.98 | 1.90 |
NexGel | Current Ratio |
NexGel Warrant Company Current Ratio Analysis
NexGel Warrant's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current NexGel Warrant Current Ratio | 0.75 X |
Most of NexGel Warrant's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NexGel Warrant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NexGel Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for NexGel Warrant is extremely important. It helps to project a fair market value of NexGel Stock properly, considering its historical fundamentals such as Current Ratio. Since NexGel Warrant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NexGel Warrant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NexGel Warrant's interrelated accounts and indicators.
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NexGel Current Ratio Historical Pattern
Today, most investors in NexGel Warrant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NexGel Warrant's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NexGel Warrant current ratio as a starting point in their analysis.
NexGel Warrant Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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NexGel Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, NexGel Warrant has a Current Ratio of 0.75 times. This is 74.23% lower than that of the Health Care Equipment & Supplies sector and 78.57% lower than that of the Health Care industry. The current ratio for all United States stocks is 65.28% higher than that of the company.
NexGel Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NexGel Warrant's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NexGel Warrant could also be used in its relative valuation, which is a method of valuing NexGel Warrant by comparing valuation metrics of similar companies.NexGel Warrant is currently under evaluation in current ratio category among its peers.
NexGel Warrant Current Valuation Drivers
We derive many important indicators used in calculating different scores of NexGel Warrant from analyzing NexGel Warrant's financial statements. These drivers represent accounts that assess NexGel Warrant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NexGel Warrant's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 47.8M | 367.1M | 14.5M | 7.0M | 12.1M | 11.5M | |
| Enterprise Value | 48.4M | 368.3M | 5.5M | 8.0M | 12.2M | 11.6M |
NexGel Fundamentals
| Return On Equity | -0.64 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.68) % | ||||
| Operating Margin | (0.73) % | ||||
| Number Of Shares Shorted | 4.33 K | ||||
| Revenue | 4.09 M | ||||
| EBITDA | (2.73 M) | ||||
| Net Income | (3.16 M) | ||||
| Cash And Equivalents | 1.25 M | ||||
| Cash Per Share | 0.42 X | ||||
| Total Debt | 2.8 M | ||||
| Debt To Equity | 7.34 % | ||||
| Current Ratio | 0.75 X | ||||
| Book Value Per Share | 0.82 X | ||||
| Cash Flow From Operations | (3.24 M) | ||||
| Earnings Per Share | (1.39) X | ||||
| Number Of Employees | 19 | ||||
| Beta | 0.73 | ||||
| Total Asset | 9.96 M | ||||
| Retained Earnings | (14.71 M) | ||||
| Working Capital | 2.5 M | ||||
| Net Asset | 9.96 M |
About NexGel Warrant Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NexGel Warrant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NexGel Warrant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NexGel Warrant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.