Pyxis Current Deferred Revenue vs Cash And Short Term Investments Analysis
PYXS Stock | USD 1.83 0.06 3.39% |
Pyxis Oncology financial indicator trend analysis is much more than just breaking down Pyxis Oncology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyxis Oncology is a good investment. Please check the relationship between Pyxis Oncology Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Oncology guide.
Current Deferred Revenue vs Cash And Short Term Investments
Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Oncology Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pyxis Oncology's Current Deferred Revenue and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Pyxis Oncology, assuming nothing else is changed. The correlation between historical values of Pyxis Oncology's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Pyxis Oncology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Pyxis Oncology's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pyxis Oncology balance sheet. This account contains Pyxis Oncology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pyxis Oncology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Pyxis Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyxis Oncology 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Oncology guide.Selling General Administrative is likely to drop to about 20.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 5.8 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 23K | 2.8M | 6.9M | 7.3M | Net Interest Income | 23K | 2.8M | 6.9M | 7.3M |
Pyxis Oncology fundamental ratios Correlations
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Pyxis Oncology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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