Nexgel Net Borrowings vs Stock Based Compensation 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 Stock Based Compensation 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 Stock Based Compensation
Net Borrowings vs Stock Based Compensation 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 Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nexgel's Net Borrowings and Stock Based Compensation is -0.4. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation 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 Stock Based Compensation 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 Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Nexgel's Net Borrowings and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.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 Revenue | 1.6M | 2.0M | 4.1M | 2.1M | Depreciation And Amortization | 113K | 301K | 443K | 266.2K |
Nexgel fundamental ratios Correlations
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Nexgel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexgel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9M | 2.3M | 17.0M | 10.4M | 10.0M | 6.1M | |
Other Current Liab | 69K | 213K | 380K | 113K | 738K | 774.9K | |
Total Current Liabilities | 800K | 1.3M | 2.9M | 859K | 2.5M | 1.3M | |
Total Stockholder Equity | 380K | 71K | 12.1M | 7.6M | 4.7M | 3.7M | |
Property Plant And Equipment Net | 1.2M | 1.4M | 2.6M | 2.5M | 3.4M | 1.7M | |
Accounts Payable | 510K | 658K | 254K | 265K | 1.2M | 1.3M | |
Non Current Assets Total | 1.4M | 1.9M | 3.1M | 2.9M | 4.9M | 5.1M | |
Net Receivables | 102K | 73K | 209K | 222K | 633K | 664.7K | |
Common Stock Shares Outstanding | 13.6M | 104.3M | 5.6M | 5.6M | 5.7M | 5.4M | |
Liabilities And Stockholders Equity | 1.9M | 2.3M | 17.0M | 10.4M | 10.0M | 6.1M | |
Non Current Liabilities Total | 710K | 854K | 2.0M | 1.9M | 2.2M | 2.4M | |
Inventory | 113K | 233K | 291K | 502K | 1.3M | 1.4M | |
Total Liab | 1.5M | 2.2M | 4.9M | 2.7M | 4.8M | 5.0M | |
Total Current Assets | 513K | 363K | 13.9M | 7.5M | 5.1M | 3.9M | |
Common Stock | 281K | 57K | 99K | 6K | 5.4K | 5.1K | |
Net Tangible Assets | 380K | (287K) | 11.7M | 7.3M | 8.4M | 8.8M | |
Property Plant Equipment | 1.2M | 1.4M | 2.6M | 2.5M | 2.8M | 1.5M | |
Net Invested Capital | 380K | 543K | 14.4M | 7.9M | 5.5M | 5.3M | |
Net Working Capital | (287K) | (969K) | 11.0M | 6.6M | 2.5M | 3.5M |
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Try AI Portfolio ArchitectCheck 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.