NexGel Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

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 Non Current Liabilities Total and its Property Plant And Equipment Net 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.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGel Warrant Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NexGel Warrant's Non Current Liabilities Total and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of NexGel Warrant are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., NexGel Warrant's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
 2021 2022 2023 2024 (projected)
Total Revenue1.6M2.0M4.1M2.1M
Depreciation And Amortization113K301K443K266.2K

NexGel Warrant fundamental ratios Correlations

0.430.880.980.890.370.71-0.950.55-0.10.850.490.440.850.98-0.680.99-0.79-0.280.950.970.76-0.77-0.740.860.95
0.430.60.330.560.820.84-0.470.91-0.130.670.910.840.740.34-0.390.4-0.46-0.890.30.590.43-0.21-0.750.40.33
0.880.60.770.880.610.77-0.750.630.150.830.580.510.90.82-0.730.82-0.8-0.390.720.920.82-0.7-0.70.80.75
0.980.330.770.790.210.61-0.940.44-0.20.770.380.340.760.99-0.580.99-0.7-0.190.990.930.72-0.8-0.660.870.98
0.890.560.880.790.630.85-0.880.720.020.910.70.570.880.79-0.710.81-0.86-0.430.730.850.61-0.46-0.860.60.7
0.370.820.610.210.630.88-0.420.90.210.770.910.820.790.25-0.680.3-0.73-0.870.180.490.430.02-0.790.20.21
0.710.840.770.610.850.88-0.780.960.010.950.950.830.950.62-0.720.67-0.85-0.830.580.780.6-0.29-0.960.510.59
-0.95-0.47-0.75-0.94-0.88-0.42-0.78-0.640.19-0.89-0.61-0.57-0.84-0.930.68-0.940.790.4-0.93-0.9-0.630.580.85-0.72-0.89
0.550.910.630.440.720.90.96-0.64-0.140.850.990.90.840.44-0.60.5-0.7-0.920.410.640.41-0.13-0.920.360.42
-0.1-0.130.15-0.20.020.210.010.19-0.140.04-0.08-0.170.08-0.14-0.28-0.14-0.20.11-0.22-0.070.380.140.06-0.13-0.16
0.850.670.830.770.910.770.95-0.890.850.040.820.750.980.78-0.850.82-0.95-0.670.750.870.71-0.43-0.950.630.75
0.490.910.580.380.70.910.95-0.610.99-0.080.820.910.810.38-0.570.44-0.67-0.920.350.580.37-0.04-0.920.280.35
0.440.840.510.340.570.820.83-0.570.9-0.170.750.910.730.35-0.640.41-0.6-0.850.330.530.29-0.02-0.850.240.33
0.850.740.90.760.880.790.95-0.840.840.080.980.810.730.78-0.820.82-0.91-0.690.740.910.79-0.53-0.90.710.76
0.980.340.820.990.790.250.62-0.930.44-0.140.780.380.350.78-0.631.0-0.72-0.20.990.950.77-0.83-0.650.90.98
-0.68-0.39-0.73-0.58-0.71-0.68-0.720.68-0.6-0.28-0.85-0.57-0.64-0.82-0.63-0.650.930.45-0.58-0.69-0.650.330.73-0.48-0.59
0.990.40.820.990.810.30.67-0.940.5-0.140.820.440.410.821.0-0.65-0.75-0.270.990.960.79-0.81-0.70.90.99
-0.79-0.46-0.8-0.7-0.86-0.73-0.850.79-0.7-0.2-0.95-0.67-0.6-0.91-0.720.93-0.750.52-0.68-0.78-0.690.390.83-0.56-0.69
-0.28-0.89-0.39-0.19-0.43-0.87-0.830.4-0.920.11-0.67-0.92-0.85-0.69-0.20.45-0.270.52-0.19-0.43-0.32-0.020.75-0.21-0.23
0.950.30.720.990.730.180.58-0.930.41-0.220.750.350.330.740.99-0.580.99-0.68-0.190.910.72-0.81-0.630.880.99
0.970.590.920.930.850.490.78-0.90.64-0.070.870.580.530.910.95-0.690.96-0.78-0.430.910.84-0.8-0.760.910.93
0.760.430.820.720.610.430.6-0.630.410.380.710.370.290.790.77-0.650.79-0.69-0.320.720.84-0.76-0.510.840.79
-0.77-0.21-0.7-0.8-0.460.02-0.290.58-0.130.14-0.43-0.04-0.02-0.53-0.830.33-0.810.39-0.02-0.81-0.8-0.760.22-0.97-0.85
-0.74-0.75-0.7-0.66-0.86-0.79-0.960.85-0.920.06-0.95-0.92-0.85-0.9-0.650.73-0.70.830.75-0.63-0.76-0.510.22-0.44-0.61
0.860.40.80.870.60.20.51-0.720.36-0.130.630.280.240.710.9-0.480.9-0.56-0.210.880.910.84-0.97-0.440.92
0.950.330.750.980.70.210.59-0.890.42-0.160.750.350.330.760.98-0.590.99-0.69-0.230.990.930.79-0.85-0.610.92
Click cells to compare fundamentals

NexGel Warrant Account Relationship Matchups

NexGel Warrant 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 Invested Capital380K543K14.4M7.9M5.5M5.3M
Net Working Capital(287K)(969K)11.0M6.6M2.5M3.5M

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