NXGLW Stock | | | USD 0.89 0.09 11.25% |
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 Intangible Assets and its Long Term Debt 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.
Intangible Assets vs Long Term Debt
Intangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexGel Warrant Intangible Assets account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NexGel Warrant's Intangible Assets and Long Term Debt is 0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt 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 Intangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of NexGel Warrant are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., NexGel Warrant's Intangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Long Term Debt
Long-term debt is a debt that NexGel Warrant has held for over one year. Long-term debt appears on NexGel Warrant balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NexGel Warrant balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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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Additional Tools for NexGel Stock Analysis
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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
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.