NextCure Historical Balance Sheet
NXTC Stock | USD 0.57 0.04 6.56% |
Trend analysis of NextCure balance sheet accounts such as Total Current Liabilities of 9.8 M provides information on NextCure's total assets, liabilities, and equity, which is the actual value of NextCure to its prevalent stockholders. By breaking down trends over time using NextCure balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NextCure latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NextCure is a good buy for the upcoming year.
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About NextCure Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NextCure at a specified time, usually calculated after every quarter, six months, or one year. NextCure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NextCure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NextCure currently owns. An asset can also be divided into two categories, current and non-current.
NextCure Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NextCure assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NextCure books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Capital Lease Obligations
NextCure capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to NextCure asset purchases. For example, NextCure can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as NextCure control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from NextCure's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NextCure current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.At present, NextCure's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 9.8 M, whereas Short and Long Term Debt Total is forecasted to decline to about 4.6 M.
2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 6.6M | 5.2M | 4.6M | Total Assets | 128.0M | 80.9M | 146.5M |
NextCure balance sheet Correlations
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NextCure Account Relationship Matchups
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NextCure balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 306.6M | 242.4M | 184.2M | 128.0M | 80.9M | 146.5M | |
Short Long Term Debt Total | 5.1M | 3.5M | 7.1M | 6.6M | 5.2M | 4.6M | |
Other Current Liab | 4.8M | 4.7M | 4.3M | 3.9M | 4.2M | 4.3M | |
Total Current Liabilities | 10.3M | 6.6M | 9.1M | 6.9M | 9.6M | 9.8M | |
Total Stockholder Equity | 293.7M | 233.4M | 167.5M | 114.4M | 65.5M | 62.2M | |
Other Liab | 16.3M | 792K | 2.4M | 899K | 809.1K | 768.6K | |
Net Tangible Assets | 321.5M | 293.7M | 233.4M | 167.5M | 192.7M | 173.2M | |
Property Plant And Equipment Net | 15.8M | 14.0M | 16.9M | 13.4M | 8.7M | 14.1M | |
Net Debt | (29.3M) | (12.3M) | (19.5M) | (6.5M) | (22.6M) | (23.7M) | |
Retained Earnings | (117.6M) | (187.0M) | (261.8M) | (324.5M) | (380.1M) | (361.1M) | |
Accounts Payable | 3.9M | 1.9M | 4.3M | 2.3M | 5.4M | 3.2M | |
Cash | 32.8M | 12.3M | 26.6M | 13.1M | 27.7M | 29.0M | |
Non Current Assets Total | 18.7M | 14.6M | 20.2M | 15.3M | 9.1M | 15.9M | |
Non Currrent Assets Other | 1.1M | 577K | 1.7M | 1.9M | 332K | 315.4K | |
Other Assets | 436K | 4.1M | 2.9M | 577K | 3.3M | 0.0 | |
Cash And Short Term Investments | 283.4M | 219.6M | 159.9M | 108.3M | 68.6M | 131.8M | |
Common Stock Shares Outstanding | 27.5M | 27.6M | 27.7M | 27.8M | 28.0M | 24.0M | |
Short Term Investments | 250.7M | 207.3M | 133.3M | 95.2M | 40.9M | 38.8M | |
Liabilities And Stockholders Equity | 306.6M | 242.4M | 184.2M | 128.0M | 80.9M | 146.5M | |
Non Current Liabilities Total | 2.6M | 2.4M | 7.5M | 6.7M | 5.8M | 5.5M | |
Capital Surpluse | 402.5M | 410.6M | 421.0M | 430.8M | 495.4M | 305.3M | |
Other Current Assets | 4.5M | 8.2M | 4.1M | 4.4M | 3.2M | 3.9M | |
Other Stockholder Equity | 410.6M | 421.0M | 430.8M | 439.1M | 445.6M | 302.1M | |
Total Liab | 12.9M | 9M | 16.6M | 13.6M | 15.4M | 14.6M | |
Net Invested Capital | 297.2M | 233.4M | 167.5M | 114.4M | 65.5M | 62.2M | |
Property Plant And Equipment Gross | 15.8M | 26.7M | 33.5M | 33.7M | 31.8M | 24.1M | |
Total Current Assets | 288.0M | 227.8M | 164.0M | 112.7M | 71.8M | 135.0M | |
Accumulated Other Comprehensive Income | 779K | (663K) | (1.5M) | (222K) | 4K | 4.2K | |
Net Working Capital | 277.7M | 221.2M | 154.9M | 105.8M | 62.2M | 59.1M | |
Short Term Debt | 1.8M | 1.7M | 518K | 656K | 754.4K | 1.0M | |
Property Plant Equipment | 12.1M | 15.8M | 14.0M | 11.9M | 13.7M | 13.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NextCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NextCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nextcure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextcure Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NextCure. If investors know NextCure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NextCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NextCure is measured differently than its book value, which is the value of NextCure that is recorded on the company's balance sheet. Investors also form their own opinion of NextCure's value that differs from its market value or its book value, called intrinsic value, which is NextCure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NextCure's market value can be influenced by many factors that don't directly affect NextCure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NextCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextCure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.