NXGLW Stock | | | USD 0.89 0.00 0.000001% |
NexGel Warrant financial indicator trend analysis is infinitely more than just investigating NexGel Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGel Warrant is a good investment. Please check the relationship between NexGel Warrant Gross Profit and its Net Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Gross Profit vs Net Interest Income
Gross Profit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexGel Warrant Gross Profit account and
Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NexGel Warrant's Gross Profit and Net Interest Income is -0.06. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of NexGel Warrant, assuming nothing else is changed. The correlation between historical values of NexGel Warrant's Gross Profit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of NexGel Warrant are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., NexGel Warrant's Gross Profit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of NexGel Warrant minus its cost of goods sold. It is profit before NexGel Warrant operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from NexGel Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGel Warrant 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 Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Selling General Administrative is likely to drop to about 2.6
M in 2024.
Issuance Of Capital Stock is likely to drop to about 7.9
M in 2024
NexGel Warrant fundamental ratios Correlations
Click cells to compare fundamentals
NexGel Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGel Warrant fundamental ratios Accounts
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measure NexGel Warrant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to
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