NewAmsterdam Retained Earnings vs Good Will Analysis

NAMSW Stock   9.69  0.16  1.68%   
NewAmsterdam Pharma financial indicator trend analysis is infinitely more than just investigating NewAmsterdam Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NewAmsterdam Pharma is a good investment. Please check the relationship between NewAmsterdam Pharma Retained Earnings and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewAmsterdam Pharma Retained Earnings account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NewAmsterdam Pharma's Retained Earnings and Good Will is 0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of NewAmsterdam Pharma, assuming nothing else is changed. The correlation between historical values of NewAmsterdam Pharma's Retained Earnings and Good Will 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 NewAmsterdam Pharma are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., NewAmsterdam Pharma's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from NewAmsterdam Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NewAmsterdam Pharma 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.At this time, NewAmsterdam Pharma's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 514.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense216K271K6.8M7.1M
Depreciation And Amortization4.4K8.4K49K51.5K

NewAmsterdam Pharma fundamental ratios Correlations

-0.830.750.891.00.7-0.98-0.750.891.00.770.831.00.560.070.80.931.00.78-0.481.00.771.0-0.830.770.99
-0.83-0.78-0.74-0.83-0.960.870.8-0.93-0.84-0.45-1.0-0.84-0.660.48-0.94-0.77-0.82-0.940.62-0.84-0.51-0.851.0-0.51-0.8
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0.89-0.740.890.870.53-0.91-0.90.920.920.430.740.920.780.120.561.00.870.55-0.630.920.420.9-0.740.420.86
1.0-0.830.730.870.71-0.98-0.740.880.990.790.830.990.530.070.810.911.00.79-0.460.990.791.0-0.830.790.99
0.7-0.960.570.530.71-0.73-0.60.810.70.450.960.70.45-0.650.980.570.70.98-0.440.710.540.72-0.960.540.66
-0.980.87-0.85-0.91-0.98-0.730.85-0.93-0.99-0.66-0.87-0.99-0.69-0.02-0.8-0.94-0.98-0.790.63-0.99-0.66-0.990.87-0.66-0.99
-0.750.8-1.0-0.9-0.74-0.60.85-0.9-0.8-0.17-0.8-0.8-0.960.09-0.59-0.88-0.73-0.580.9-0.8-0.17-0.780.8-0.17-0.77
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1.0-0.840.790.920.990.7-0.99-0.80.920.710.841.00.610.060.780.950.990.77-0.521.00.721.0-0.840.720.98
0.77-0.450.170.430.790.45-0.66-0.170.440.710.450.71-0.090.240.620.510.790.610.10.720.990.73-0.450.990.75
0.83-1.00.780.740.830.96-0.87-0.80.930.840.450.840.66-0.480.950.760.820.94-0.610.840.520.85-1.00.520.79
1.0-0.840.790.920.990.7-0.99-0.80.921.00.710.840.610.060.780.950.990.77-0.521.00.721.0-0.840.720.98
0.56-0.660.970.780.530.45-0.69-0.960.760.61-0.090.660.61-0.10.40.750.530.39-0.950.61-0.090.59-0.66-0.090.59
0.070.48-0.050.120.07-0.65-0.020.09-0.240.060.24-0.480.06-0.1-0.490.130.09-0.510.10.050.120.040.480.120.14
0.8-0.940.570.560.810.98-0.8-0.590.80.780.620.950.780.4-0.490.620.81.0-0.410.790.690.8-0.950.690.77
0.93-0.770.871.00.910.57-0.94-0.880.930.950.510.760.950.750.130.620.910.6-0.610.950.50.94-0.760.50.91
1.0-0.820.730.871.00.7-0.98-0.730.870.990.790.820.990.530.090.80.910.78-0.460.990.791.0-0.810.790.99
0.78-0.940.550.550.790.98-0.79-0.580.80.770.610.940.770.39-0.511.00.60.78-0.40.770.690.79-0.940.690.75
-0.480.62-0.91-0.63-0.46-0.440.630.9-0.63-0.520.1-0.61-0.52-0.950.1-0.41-0.61-0.46-0.4-0.520.1-0.510.610.1-0.55
1.0-0.840.790.920.990.71-0.99-0.80.921.00.720.841.00.610.050.790.950.990.77-0.520.721.0-0.840.720.98
0.77-0.510.170.420.790.54-0.66-0.170.470.720.990.520.72-0.090.120.690.50.790.690.10.720.74-0.521.00.75
1.0-0.850.770.91.00.72-0.99-0.780.921.00.730.851.00.590.040.80.941.00.79-0.511.00.74-0.840.740.98
-0.831.0-0.78-0.74-0.83-0.960.870.8-0.93-0.84-0.45-1.0-0.84-0.660.48-0.95-0.76-0.81-0.940.61-0.84-0.52-0.84-0.52-0.79
0.77-0.510.170.420.790.54-0.66-0.170.470.720.990.520.72-0.090.120.690.50.790.690.10.721.00.74-0.520.75
0.99-0.80.780.860.990.66-0.99-0.770.850.980.750.790.980.590.140.770.910.990.75-0.550.980.750.98-0.790.75
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NewAmsterdam Pharma Account Relationship Matchups

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