NexGel Income Before Tax vs Ebit Analysis

NXGLW Stock  USD 0.50  0.01  1.63%   
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 Income Before Tax and its Ebit 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.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGel Warrant Income Before Tax account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NexGel Warrant's Income Before Tax and Ebit is 0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit 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 Income Before Tax and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of NexGel Warrant are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., NexGel Warrant's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on NexGel Warrant income statement and is an important metric when analyzing NexGel Warrant profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebit

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 2025. Issuance Of Capital Stock is likely to drop to about 7.9 M in 2025
 2022 2023 2024 2025 (projected)
Total Revenue2.0M4.1M4.7M4.9M
Depreciation And Amortization301K443K509.5K266.2K

NexGel Warrant fundamental ratios Correlations

0.520.820.970.80.480.73-0.960.61-0.120.850.570.530.840.97-0.720.98-0.82-0.260.920.970.71-0.71-0.80.840.9
0.520.850.380.850.890.9-0.560.95-0.140.780.950.90.830.39-0.470.45-0.55-0.780.30.660.36-0.15-0.780.390.32
0.820.850.70.940.840.93-0.780.870.060.940.840.780.990.73-0.770.77-0.85-0.650.650.910.74-0.51-0.850.710.68
0.970.380.70.680.290.6-0.940.46-0.20.740.420.390.730.99-0.610.99-0.71-0.190.990.920.7-0.78-0.690.870.97
0.80.850.940.680.880.99-0.840.94-0.050.980.930.840.970.69-0.750.73-0.88-0.70.620.850.56-0.3-0.950.550.62
0.480.890.840.290.880.93-0.520.940.130.840.950.890.860.32-0.690.38-0.75-0.770.210.590.370.02-0.820.240.23
0.730.90.930.60.990.93-0.780.97-0.030.960.970.890.960.6-0.720.66-0.84-0.750.530.80.51-0.22-0.950.470.53
-0.96-0.56-0.78-0.94-0.84-0.52-0.78-0.680.2-0.89-0.66-0.63-0.84-0.920.71-0.940.820.36-0.9-0.91-0.590.540.88-0.71-0.86
0.610.950.870.460.940.940.97-0.68-0.150.890.990.940.890.46-0.630.52-0.72-0.790.390.70.34-0.1-0.90.350.38
-0.12-0.140.06-0.2-0.050.13-0.030.2-0.150.01-0.1-0.170.03-0.15-0.25-0.15-0.170.09-0.22-0.080.390.140.08-0.14-0.16
0.850.780.940.740.980.840.96-0.890.890.010.870.830.980.76-0.850.8-0.94-0.640.690.880.63-0.36-0.960.60.69
0.570.950.840.420.930.950.97-0.660.99-0.10.870.950.870.42-0.610.48-0.7-0.790.340.660.31-0.03-0.90.290.33
0.530.90.780.390.840.890.89-0.630.94-0.170.830.950.820.4-0.660.46-0.66-0.750.330.620.26-0.01-0.870.260.32
0.840.830.990.730.970.860.96-0.840.890.030.980.870.820.76-0.820.8-0.91-0.660.680.910.7-0.44-0.920.670.69
0.970.390.730.990.690.320.6-0.920.46-0.150.760.420.40.76-0.651.0-0.74-0.190.980.940.75-0.81-0.680.90.97
-0.72-0.47-0.77-0.61-0.75-0.69-0.720.71-0.63-0.25-0.85-0.61-0.66-0.82-0.65-0.670.940.4-0.58-0.72-0.620.320.76-0.49-0.59
0.980.450.770.990.730.380.66-0.940.52-0.150.80.480.460.81.0-0.67-0.77-0.270.980.950.76-0.79-0.720.90.97
-0.82-0.55-0.85-0.71-0.88-0.75-0.840.82-0.72-0.17-0.94-0.7-0.66-0.91-0.740.94-0.770.46-0.67-0.81-0.650.370.85-0.56-0.67
-0.26-0.78-0.65-0.19-0.7-0.77-0.750.36-0.790.09-0.64-0.79-0.75-0.66-0.190.4-0.270.46-0.2-0.4-0.32-0.010.57-0.21-0.24
0.920.30.650.990.620.210.53-0.90.39-0.220.690.340.330.680.98-0.580.98-0.67-0.20.870.72-0.8-0.620.880.99
0.970.660.910.920.850.590.8-0.910.7-0.080.880.660.620.910.94-0.720.95-0.81-0.40.870.77-0.73-0.80.870.88
0.710.360.740.70.560.370.51-0.590.340.390.630.310.260.70.75-0.620.76-0.65-0.320.720.77-0.76-0.450.830.79
-0.71-0.15-0.51-0.78-0.30.02-0.220.54-0.10.14-0.36-0.03-0.01-0.44-0.810.32-0.790.37-0.01-0.8-0.73-0.760.2-0.96-0.85
-0.8-0.78-0.85-0.69-0.95-0.82-0.950.88-0.90.08-0.96-0.9-0.87-0.92-0.680.76-0.720.850.57-0.62-0.8-0.450.2-0.45-0.58
0.840.390.710.870.550.240.47-0.710.35-0.140.60.290.260.670.9-0.490.9-0.56-0.210.880.870.83-0.96-0.450.92
0.90.320.680.970.620.230.53-0.860.38-0.160.690.330.320.690.97-0.590.97-0.67-0.240.990.880.79-0.85-0.580.92
Click cells to compare fundamentals

NexGel Warrant Account Relationship Matchups

NexGel Warrant fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3M17.0M10.4M10.0M11.4M6.1M
Other Current Liab213K380K113K738K848.7K891.1K
Total Current Liabilities1.3M2.9M859K2.5M2.9M3.1M
Total Stockholder Equity71K12.1M7.6M4.7M5.4M3.7M
Property Plant And Equipment Net1.4M2.6M2.5M3.4M3.9M4.0M
Accounts Payable658K254K265K1.2M1.4M1.5M
Non Current Assets Total1.9M3.1M2.9M4.9M5.6M5.9M
Net Receivables73K209K222K633K728.0K764.3K
Common Stock Shares Outstanding104.3M5.6M5.6M5.7M6.5M6.2M
Liabilities And Stockholders Equity2.3M17.0M10.4M10.0M11.4M6.1M
Non Current Liabilities Total854K2.0M1.9M2.2M2.6M2.7M
Inventory233K291K502K1.3M1.5M1.6M
Total Liab2.2M4.9M2.7M4.8M5.5M5.8M
Total Current Assets363K13.9M7.5M5.1M5.8M3.9M
Common Stock281K57K99K6K5.4K5.1K
Net Invested Capital543K14.4M7.9M5.5M6.4M5.3M
Net Working Capital(969K)11.0M6.6M2.5M2.9M3.5M
Short Long Term Debt Total1.3M4.3M2.1M2.8M3.2M2.5M
Net Debt1.2M(9.1M)982K98K88.2K92.6K
Retained Earnings(2.5M)(6.8M)(11.6M)(14.7M)(13.2M)(12.6M)
Cash32K13.4M1.1M2.7M3.1M3.8M
Cash And Short Term Investments32K13.4M6.6M2.7M3.1M5.0M
Capital Lease Obligations805K2.0M1.8M2.0M2.3M1.6M
Other Stockholder Equity2.5M18.9M19.2M19.4M22.3M13.3M
Property Plant And Equipment Gross4.4M3.1M2.5M4.1M3.7M2.9M
Short Term Debt423K2.3M429K558K641.7K851.6K

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When running NexGel Warrant's price analysis, check to 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 predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.