Novavax Common Stock Shares Outstanding vs Non Current Assets Total Analysis

NVAX Stock  USD 9.11  0.09  1.00%   
Novavax financial indicator trend analysis is infinitely more than just investigating Novavax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novavax is a good investment. Please check the relationship between Novavax Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Novavax's Common Stock Shares Outstanding and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Novavax are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Novavax's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Novavax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novavax 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 Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.At this time, Novavax's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 442.5 M in 2024, despite the fact that Tax Provision is likely to grow to (1.8 M).

Novavax fundamental ratios Correlations

0.770.94-0.550.86-0.89-0.910.930.940.890.790.950.920.780.930.960.850.990.880.77-0.460.59-0.410.63-0.370.33
0.770.9-0.890.91-0.68-0.90.920.710.880.830.670.850.430.850.890.920.70.560.66-0.350.38-0.320.27-0.260.02
0.940.9-0.750.86-0.9-0.920.960.940.870.790.910.880.580.890.980.860.920.760.67-0.40.56-0.410.5-0.360.21
-0.55-0.89-0.75-0.740.420.79-0.72-0.52-0.71-0.75-0.44-0.69-0.21-0.69-0.76-0.75-0.48-0.4-0.620.35-0.430.210.00.15-0.19
0.860.910.86-0.74-0.65-0.960.910.70.990.920.680.970.710.960.921.00.780.740.87-0.430.39-0.360.38-0.30.14
-0.89-0.68-0.90.42-0.650.69-0.83-0.94-0.67-0.59-0.94-0.69-0.5-0.7-0.83-0.64-0.91-0.76-0.410.23-0.380.48-0.570.46-0.03
-0.91-0.9-0.920.79-0.960.69-0.93-0.79-0.97-0.91-0.77-0.98-0.72-0.99-0.97-0.96-0.85-0.77-0.890.5-0.570.34-0.410.28-0.33
0.930.920.96-0.720.91-0.83-0.930.890.910.770.870.90.670.920.960.910.890.680.7-0.410.55-0.40.6-0.360.17
0.940.710.94-0.520.7-0.94-0.790.890.720.610.990.770.630.790.910.690.970.760.57-0.40.67-0.410.68-0.390.35
0.890.880.87-0.710.99-0.67-0.970.910.720.930.710.990.740.980.930.990.820.790.89-0.440.41-0.350.39-0.290.19
0.790.830.79-0.750.92-0.59-0.910.770.610.930.580.930.570.90.860.930.710.830.87-0.40.26-0.360.09-0.290.15
0.950.670.91-0.440.68-0.94-0.770.870.990.710.580.760.660.790.880.670.980.770.55-0.40.64-0.40.72-0.380.32
0.920.850.88-0.690.97-0.69-0.980.90.770.990.930.760.790.990.950.970.860.840.92-0.480.48-0.390.43-0.340.29
0.780.430.58-0.210.71-0.5-0.720.670.630.740.570.660.790.80.680.690.760.690.8-0.50.56-0.360.73-0.330.49
0.930.850.89-0.690.96-0.7-0.990.920.790.980.90.790.990.80.960.960.870.820.91-0.50.54-0.340.47-0.280.33
0.960.890.98-0.760.92-0.83-0.970.960.910.930.860.880.950.680.960.910.930.820.81-0.470.6-0.390.49-0.340.32
0.850.920.86-0.751.0-0.64-0.960.910.690.990.930.670.970.690.960.910.770.730.87-0.420.37-0.360.35-0.290.13
0.990.70.92-0.480.78-0.91-0.850.890.970.820.710.980.860.760.870.930.770.870.7-0.450.62-0.410.67-0.380.36
0.880.560.76-0.40.74-0.76-0.770.680.760.790.830.770.840.690.820.820.730.870.77-0.380.36-0.460.35-0.430.31
0.770.660.67-0.620.87-0.41-0.890.70.570.890.870.550.920.80.910.810.870.70.77-0.550.54-0.240.31-0.180.52
-0.46-0.35-0.40.35-0.430.230.5-0.41-0.4-0.44-0.4-0.4-0.48-0.5-0.5-0.47-0.42-0.45-0.38-0.55-0.540.11-0.290.08-0.53
0.590.380.56-0.430.39-0.38-0.570.550.670.410.260.640.480.560.540.60.370.620.360.54-0.54-0.040.64-0.030.86
-0.41-0.32-0.410.21-0.360.480.34-0.4-0.41-0.35-0.36-0.4-0.39-0.36-0.34-0.39-0.36-0.41-0.46-0.240.11-0.04-0.320.990.09
0.630.270.50.00.38-0.57-0.410.60.680.390.090.720.430.730.470.490.350.670.350.31-0.290.64-0.32-0.320.37
-0.37-0.26-0.360.15-0.30.460.28-0.36-0.39-0.29-0.29-0.38-0.34-0.33-0.28-0.34-0.29-0.38-0.43-0.180.08-0.030.99-0.320.09
0.330.020.21-0.190.14-0.03-0.330.170.350.190.150.320.290.490.330.320.130.360.310.52-0.530.860.090.370.09
Click cells to compare fundamentals

Novavax Account Relationship Matchups

Novavax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.0M1.6B2.6B2.3B1.8B1.9B
Other Current Liab19.9M(327.6M)709.8M1.5B1.3B1.3B
Total Current Liabilities25.8M322.0M2.4B2.5B1.6B1.7B
Total Stockholder Equity(186.0M)627.2M(351.7M)(634.1M)(716.9M)(681.1M)
Property Plant And Equipment Net11.4M180.0M228.7M400.5M491.0M515.5M
Net Debt243.1M(231.4M)(1.1B)(787.1M)(339.4M)(322.5M)
Retained Earnings(1.4B)(1.9B)(3.6B)(4.3B)(4.8B)(4.6B)
Accounts Payable2.9M54.3M127.1M216.5M132.6M139.2M
Cash78.8M553.4M1.5B1.3B568.5M596.9M
Non Current Assets Total75.7M334.3M421.6M555.3M711.5M747.0M
Non Currrent Assets Other7.5M13.2M56.7M28.5M88.1M92.5M
Cash And Short Term Investments78.8M711.0M1.5B1.3B568.5M596.9M
Common Stock Shares Outstanding24.1M57.6M74.4M78.2M100.8M105.8M
Liabilities And Stockholders Equity173.0M1.6B2.6B2.3B1.8B1.9B
Other Current Assets93.9M441.8M176.1M247.5M236.4M248.3M
Other Stockholder Equity1.3B2.5B3.3B3.6B4.1B4.3B
Total Liab359.0M955.3M2.9B2.9B2.5B2.6B
Property Plant And Equipment Gross11.4M180.0M258.6M447.8M566.0M594.3M
Total Current Assets97.2M1.2B2.2B1.7B1.1B1.2B
Accumulated Other Comprehensive Income(12.5M)7.0M(1.4M)(6.4M)2.7M2.9M
Net Receivables7.5M262.0M455.0M82.4M297.2M312.1M
Non Current Liabilities Total333.2M633.2M538.1M432.8M937.1M984.0M
Intangible Assets6.5M5.6M5.7M4.8M4.3M4.1M
Short Long Term Debt Total321.9M322.0M454.0M549.8M229.1M140.8M
Common Stock Total Equity3.8M324K714K764K878.6K1.3M
Short Term Debt1.3M322.0M130.5M352.1M5.1M4.9M
Common Stock324K714K764K868K1.4M1.3M
Long Term Debt320.6M322.0M323.5M166.5M168.0M114.6M
Inventory(83.0M)(166.7M)(2.0B)36.7M41.7M43.8M
Property Plant Equipment11.4M180.0M228.7M400.5M460.6M483.6M
Other Liab2.6M3.4M175.5M185.0M212.8M223.4M
Current Deferred Revenue1.7M273.2M1.4B370.1M241.3M140.2M
Other Assets1.1M5.4M16.6M28.5M(57.9M)(55.0M)
Good Will51.2M135.4M131.5M126.3M127.5M133.8M
Short Term Investments22.0M0.0157.6M10.4M12.0M11.4M
Net Tangible Assets(242.8M)486.1M(487.9M)(760.4M)(684.4M)(650.1M)
Retained Earnings Total Equity(1.3B)(1.4B)(1.9B)(3.6B)(3.3B)(3.1B)
Long Term Debt Total319.2M320.6M322.0M323.5M372.0M234.9M
Capital Surpluse1.1B1.3B2.5B3.4B3.9B4.0B

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