Nyxoah Current Ratio from 2010 to 2024

NYXH Stock  USD 8.20  0.20  2.50%   
Nyxoah's Current Ratio is increasing with stable movements from year to year. Current Ratio is estimated to finish at 6.33 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.73246555
Current Value
6.33
Quarterly Volatility
2.96655676
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nyxoah financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nyxoah's main balance sheet or income statement drivers, such as Net Interest Income of 1.1 M, Interest Income of 1.4 M or Depreciation And Amortization of 2.5 M, as well as many indicators such as Price To Sales Ratio of 25.65, Dividend Yield of 0.0 or PTB Ratio of 1.14. Nyxoah financial statements analysis is a perfect complement when working with Nyxoah Valuation or Volatility modules.
  
Check out the analysis of Nyxoah Correlation against competitors.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.

Latest Nyxoah's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Nyxoah over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Nyxoah's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nyxoah's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.24 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Nyxoah Current Ratio Regression Statistics

Arithmetic Mean6.96
Geometric Mean6.44
Coefficient Of Variation42.60
Mean Deviation1.96
Median6.11
Standard Deviation2.97
Sample Variance8.80
Range12.4668
R-Value0.22
Mean Square Error9.01
R-Squared0.05
Significance0.43
Slope0.15
Total Sum of Squares123.21

Nyxoah Current Ratio History

2024 6.33
2023 4.73
2022 6.72
2021 12.1
2020 14.7
2019 2.23
2018 8.77

About Nyxoah Financial Statements

Investors use fundamental indicators, such as Nyxoah's Current Ratio, to determine how well the company is positioned to perform in the future. Although Nyxoah's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 4.73  6.33 

Currently Active Assets on Macroaxis

When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah'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 Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:
Check out the analysis of Nyxoah Correlation against competitors.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Health Care Equipment & Supplies 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 Nyxoah. If investors know Nyxoah 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 Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Revenue Per Share
0.166
Quarterly Revenue Growth
0.297
Return On Assets
(0.23)
Return On Equity
(0.50)
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah'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 Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah'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 Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah'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.