NRx Non Current Liabilities Total vs Retained Earnings Total Equity Analysis

NRXPW Stock  USD 0.05  0  3.59%   
NRx Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating NRx Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NRx Pharmaceuticals is a good investment. Please check the relationship between NRx Pharmaceuticals Non Current Liabilities Total and its Retained Earnings Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRx Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy NRx Stock please use our How to Invest in NRx Pharmaceuticals guide.

Non Current Liabilities Total vs Retained Earnings Total Equity

Non Current Liabilities Total vs Retained Earnings Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRx Pharmaceuticals Non Current Liabilities Total account and Retained Earnings Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NRx Pharmaceuticals' Non Current Liabilities Total and Retained Earnings Total Equity is -0.49. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings Total Equity in the same time period over historical financial statements of NRx Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of NRx Pharmaceuticals' Non Current Liabilities Total and Retained Earnings Total Equity 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 Current Liabilities Total of NRx Pharmaceuticals are associated (or correlated) with its Retained Earnings Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings Total Equity has no effect on the direction of Non Current Liabilities Total i.e., NRx Pharmaceuticals' Non Current Liabilities Total and Retained Earnings Total Equity go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.
Most indicators from NRx Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NRx 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRx Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy NRx Stock please use our How to Invest in NRx Pharmaceuticals guide.Selling General Administrative is likely to climb to about 28.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses94.4M44.4M27.6M32.9M
Cost Of Revenue2K4K5K4.8K

NRx Pharmaceuticals fundamental ratios Correlations

-0.6-0.830.980.080.83-0.88-0.460.96-0.6-0.460.88-0.520.97-0.47-0.79-0.84-0.490.97-0.680.130.58-0.660.7-0.590.58
-0.60.59-0.620.02-0.090.340.0-0.5-0.050.0-0.270.23-0.51-0.030.050.610.01-0.530.00.360.06-0.050.06-0.060.06
-0.830.59-0.91-0.11-0.60.770.32-0.790.30.32-0.810.59-0.780.320.491.00.34-0.780.37-0.2-0.270.4-0.40.31-0.27
0.98-0.62-0.910.090.79-0.87-0.430.94-0.52-0.430.89-0.560.94-0.45-0.72-0.92-0.460.94-0.610.150.51-0.60.63-0.520.51
0.080.02-0.110.090.27-0.33-0.840.320.28-0.840.36-0.710.31-0.53-0.31-0.11-0.820.310.130.07-0.33-0.440.40.33-0.33
0.83-0.09-0.60.790.27-0.88-0.710.9-0.68-0.710.94-0.620.9-0.73-0.99-0.61-0.740.89-0.850.30.66-0.930.96-0.690.66
-0.880.340.77-0.87-0.33-0.880.61-0.910.530.61-0.920.58-0.910.490.830.760.64-0.90.58-0.4-0.470.83-0.80.65-0.47
-0.460.00.32-0.43-0.84-0.710.61-0.680.141.0-0.710.84-0.670.840.750.321.0-0.670.42-0.1-0.130.8-0.810.07-0.13
0.96-0.5-0.790.940.320.9-0.91-0.68-0.52-0.680.94-0.71.0-0.65-0.87-0.8-0.711.0-0.690.120.5-0.790.82-0.50.5
-0.6-0.050.3-0.520.28-0.680.530.14-0.520.14-0.55-0.05-0.520.170.670.290.16-0.510.7-0.47-0.870.55-0.620.87-0.87
-0.460.00.32-0.43-0.84-0.710.611.0-0.680.14-0.710.84-0.670.840.750.321.0-0.670.42-0.1-0.130.8-0.810.07-0.13
0.88-0.27-0.810.890.360.94-0.92-0.710.94-0.55-0.71-0.730.94-0.68-0.89-0.82-0.740.93-0.690.330.52-0.820.85-0.530.52
-0.520.230.59-0.56-0.71-0.620.580.84-0.7-0.050.84-0.73-0.680.870.60.60.86-0.680.40.160.10.64-0.61-0.10.1
0.97-0.51-0.780.940.310.9-0.91-0.671.0-0.52-0.670.94-0.68-0.64-0.87-0.79-0.71.0-0.690.110.5-0.780.81-0.510.5
-0.47-0.030.32-0.45-0.53-0.730.490.84-0.650.170.84-0.680.87-0.640.760.340.86-0.640.70.23-0.150.78-0.790.13-0.15
-0.790.050.49-0.72-0.31-0.990.830.75-0.870.670.75-0.890.6-0.870.760.50.78-0.860.86-0.26-0.670.94-0.990.66-0.67
-0.840.611.0-0.92-0.11-0.610.760.32-0.80.290.32-0.820.6-0.790.340.50.35-0.790.39-0.16-0.270.4-0.410.3-0.27
-0.490.010.34-0.46-0.82-0.740.641.0-0.710.161.0-0.740.86-0.70.860.780.35-0.70.46-0.09-0.150.82-0.830.1-0.15
0.97-0.53-0.780.940.310.89-0.9-0.671.0-0.51-0.670.93-0.681.0-0.64-0.86-0.79-0.7-0.680.10.49-0.780.81-0.50.49
-0.680.00.37-0.610.13-0.850.580.42-0.690.70.42-0.690.4-0.690.70.860.390.46-0.680.02-0.70.76-0.810.7-0.7
0.130.36-0.20.150.070.3-0.4-0.10.12-0.47-0.10.330.160.110.23-0.26-0.16-0.090.10.020.48-0.230.28-0.490.48
0.580.06-0.270.51-0.330.66-0.47-0.130.5-0.87-0.130.520.10.5-0.15-0.67-0.27-0.150.49-0.70.48-0.450.61-0.81.0
-0.66-0.050.4-0.6-0.44-0.930.830.8-0.790.550.8-0.820.64-0.780.780.940.40.82-0.780.76-0.23-0.45-0.960.62-0.45
0.70.06-0.40.630.40.96-0.8-0.810.82-0.62-0.810.85-0.610.81-0.79-0.99-0.41-0.830.81-0.810.280.61-0.96-0.620.61
-0.59-0.060.31-0.520.33-0.690.650.07-0.50.870.07-0.53-0.1-0.510.130.660.30.1-0.50.7-0.49-0.80.62-0.62-0.8
0.580.06-0.270.51-0.330.66-0.47-0.130.5-0.87-0.130.520.10.5-0.15-0.67-0.27-0.150.49-0.70.481.0-0.450.61-0.8
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NRx Pharmaceuticals Account Relationship Matchups

NRx Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.1M2.9M32.7M25.8M7.3M6.9M
Total Current Liabilities622.4K46.2M11.9M16.6M19.0M14.9M
Total Stockholder Equity29.5M(43.8M)20.8M7.4M(11.7M)(11.1M)
Net Debt2.0M(1.1M)(27.1M)(9.5M)4.6M4.8M
Retained Earnings369.5K(90.2M)(183.2M)(223.1M)(253.1M)(240.5M)
Accounts Payable622.4K3.2M3.7M2.1M4.6M2.3M
Cash6.01.9M27.6M20.1M4.6M8.6M
Non Current Assets Total32.0M11K15K21K431K409.5K
Non Currrent Assets Other1.011K15K21K431K452.6K
Cash And Short Term Investments6.01.9M27.6M20.1M4.6M8.6M
Common Stock Shares Outstanding508.8K34.3M46.9M65.8M7.6M7.2M
Liabilities And Stockholders Equity32.1M2.9M32.7M25.8M7.3M6.9M
Other Current Assets69.5K240K5.1M11.5M2.3M3.0M
Other Stockholder Equity29.1M46.4M204.0M230.3M241.3M253.4M
Total Liab2.6M46.7M11.9M18.4M19.0M15.7M
Total Current Assets69.5K2.9M32.7M25.8M6.9M10.8M
Common Stock24.5M43K59K67K84K79.8K
Short Long Term Debt Total2.0M797K518K10.5M9.2M9.6M

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