Pyxis Net Invested Capital vs Cash 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 Net Invested Capital and its Cash 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.
Net Invested Capital vs Cash
Net Invested Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Oncology Net Invested Capital account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pyxis Oncology's Net Invested Capital and Cash is 0.83. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash 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 Net Invested Capital and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Pyxis Oncology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., Pyxis Oncology's Net Invested Capital and Cash go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Cash
Cash refers to the most liquid asset of Pyxis Oncology, which is listed under current asset account on Pyxis Oncology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pyxis Oncology customers. The amounts must be unrestricted with restricted cash listed in a different Pyxis Oncology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Thematic Opportunities
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When running Pyxis Oncology's price analysis, check to measure Pyxis Oncology'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 Pyxis Oncology is operating at the current time. Most of Pyxis Oncology's value examination focuses on studying past and present price action to predict the probability of Pyxis Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Oncology's price. Additionally, you may evaluate how the addition of Pyxis Oncology to your portfolios can decrease your overall portfolio volatility.