Nexgel Net Borrowings vs Change To Operating Activities Analysis

NXGL Stock  USD 3.52  0.09  2.49%   
Nexgel financial indicator trend analysis is infinitely more than just investigating Nexgel Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexgel Inc is a good investment. Please check the relationship between Nexgel Net Borrowings and its Change To Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Net Borrowings vs Change To Operating Activities

Net Borrowings vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexgel Inc Net Borrowings account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nexgel's Net Borrowings and Change To Operating Activities is -0.05. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Nexgel Inc, assuming nothing else is changed. The correlation between historical values of Nexgel's Net Borrowings and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Nexgel Inc are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Borrowings i.e., Nexgel's Net Borrowings and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Operating Activities

Most indicators from Nexgel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexgel Inc 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 Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The value of Selling General Administrative is expected to slide to about 2.6 M. The value of Issuance Of Capital Stock is estimated to slide to about 7.9 M
 2021 2022 2023 2024 (projected)
Total Revenue1.6M2.0M4.1M2.1M
Depreciation And Amortization113K301K443K266.2K

Nexgel fundamental ratios Correlations

0.430.880.980.890.370.71-0.950.55-0.10.850.490.440.850.98-0.68-0.590.94-0.940.920.99-0.79-0.280.950.970.76
0.430.60.330.560.820.84-0.470.91-0.130.670.910.840.740.34-0.39-0.640.65-0.550.470.4-0.46-0.890.30.590.43
0.880.60.770.880.610.77-0.750.630.150.830.580.510.90.82-0.73-0.70.83-0.80.880.82-0.8-0.390.720.920.82
0.980.330.770.790.210.61-0.940.44-0.20.770.380.340.760.99-0.58-0.470.92-0.90.830.99-0.7-0.190.990.930.72
0.890.560.880.790.630.85-0.880.720.020.910.70.570.880.79-0.71-0.680.86-0.940.980.81-0.86-0.430.730.850.61
0.370.820.610.210.630.88-0.420.90.210.770.910.820.790.25-0.68-0.850.55-0.510.590.3-0.73-0.870.180.490.43
0.710.840.770.610.850.88-0.780.960.010.950.950.830.950.62-0.72-0.830.86-0.820.830.67-0.85-0.830.580.780.6
-0.95-0.47-0.75-0.94-0.88-0.42-0.78-0.640.19-0.89-0.61-0.57-0.84-0.930.680.62-0.960.98-0.91-0.940.790.4-0.93-0.9-0.63
0.550.910.630.440.720.90.96-0.64-0.140.850.990.90.840.44-0.6-0.780.76-0.710.670.5-0.7-0.920.410.640.41
-0.1-0.130.15-0.20.020.210.010.19-0.140.04-0.08-0.170.08-0.14-0.28-0.19-0.220.190.09-0.14-0.20.11-0.22-0.070.38
0.850.670.830.770.910.770.95-0.890.850.040.820.750.980.78-0.85-0.870.92-0.90.930.82-0.95-0.670.750.870.71
0.490.910.580.380.70.910.95-0.610.99-0.080.820.910.810.38-0.57-0.770.71-0.680.640.44-0.67-0.920.350.580.37
0.440.840.510.340.570.820.83-0.570.9-0.170.750.910.730.35-0.64-0.840.65-0.640.540.41-0.6-0.850.330.530.29
0.850.740.90.760.880.790.95-0.840.840.080.980.810.730.78-0.82-0.860.92-0.860.890.82-0.91-0.690.740.910.79
0.980.340.820.990.790.250.62-0.930.44-0.140.780.380.350.78-0.63-0.520.92-0.880.841.0-0.72-0.20.990.950.77
-0.68-0.39-0.73-0.58-0.71-0.68-0.720.68-0.6-0.28-0.85-0.57-0.64-0.82-0.630.94-0.680.68-0.8-0.650.930.45-0.58-0.69-0.65
-0.59-0.64-0.7-0.47-0.68-0.85-0.830.62-0.78-0.19-0.87-0.77-0.84-0.86-0.520.94-0.690.65-0.73-0.560.870.7-0.46-0.65-0.58
0.940.650.830.920.860.550.86-0.960.76-0.220.920.710.650.920.92-0.68-0.69-0.950.870.94-0.8-0.560.90.960.71
-0.94-0.55-0.8-0.9-0.94-0.51-0.820.98-0.710.19-0.9-0.68-0.64-0.86-0.880.680.65-0.95-0.94-0.90.80.44-0.86-0.89-0.58
0.920.470.880.830.980.590.83-0.910.670.090.930.640.540.890.84-0.8-0.730.87-0.940.85-0.92-0.380.780.870.68
0.990.40.820.990.810.30.67-0.940.5-0.140.820.440.410.821.0-0.65-0.560.94-0.90.85-0.75-0.270.990.960.79
-0.79-0.46-0.8-0.7-0.86-0.73-0.850.79-0.7-0.2-0.95-0.67-0.6-0.91-0.720.930.87-0.80.8-0.92-0.750.52-0.68-0.78-0.69
-0.28-0.89-0.39-0.19-0.43-0.87-0.830.4-0.920.11-0.67-0.92-0.85-0.69-0.20.450.7-0.560.44-0.38-0.270.52-0.19-0.43-0.32
0.950.30.720.990.730.180.58-0.930.41-0.220.750.350.330.740.99-0.58-0.460.9-0.860.780.99-0.68-0.190.910.72
0.970.590.920.930.850.490.78-0.90.64-0.070.870.580.530.910.95-0.69-0.650.96-0.890.870.96-0.78-0.430.910.84
0.760.430.820.720.610.430.6-0.630.410.380.710.370.290.790.77-0.65-0.580.71-0.580.680.79-0.69-0.320.720.84
Click cells to compare fundamentals

Nexgel Account Relationship Matchups

Nexgel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.3M17.0M10.4M10.0M6.1M
Other Current Liab69K213K380K113K738K774.9K
Total Current Liabilities800K1.3M2.9M859K2.5M1.3M
Total Stockholder Equity380K71K12.1M7.6M4.7M3.7M
Property Plant And Equipment Net1.2M1.4M2.6M2.5M3.4M1.7M
Accounts Payable510K658K254K265K1.2M1.3M
Non Current Assets Total1.4M1.9M3.1M2.9M4.9M5.1M
Net Receivables102K73K209K222K633K664.7K
Common Stock Shares Outstanding13.6M104.3M5.6M5.6M5.7M5.4M
Liabilities And Stockholders Equity1.9M2.3M17.0M10.4M10.0M6.1M
Non Current Liabilities Total710K854K2.0M1.9M2.2M2.4M
Inventory113K233K291K502K1.3M1.4M
Total Liab1.5M2.2M4.9M2.7M4.8M5.0M
Total Current Assets513K363K13.9M7.5M5.1M3.9M
Common Stock281K57K99K6K5.4K5.1K
Net Tangible Assets380K(287K)11.7M7.3M8.4M8.8M
Property Plant Equipment1.2M1.4M2.6M2.5M2.8M1.5M
Net Invested Capital380K543K14.4M7.9M5.5M5.3M
Net Working Capital(287K)(969K)11.0M6.6M2.5M3.5M

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When determining whether Nexgel Inc is a strong investment it is important to analyze Nexgel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nexgel's future performance. For an informed investment choice regarding Nexgel Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Health Care Equipment & Supplies space 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 Nexgel. If investors know Nexgel 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 Nexgel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
0.846
Quarterly Revenue Growth
0.234
Return On Assets
(0.23)
Return On Equity
(0.64)
The market value of Nexgel Inc is measured differently than its book value, which is the value of Nexgel that is recorded on the company's balance sheet. Investors also form their own opinion of Nexgel's value that differs from its market value or its book value, called intrinsic value, which is Nexgel's 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 Nexgel's market value can be influenced by many factors that don't directly affect Nexgel's 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 Nexgel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexgel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexgel's 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.