Nixxy, Financials

NIXX Stock   2.70  0.21  7.22%   
Based on the key measurements obtained from Nixxy,'s financial statements, Nixxy, Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Nixxy,'s Total Assets are fairly stable compared to the past year. Property Plant And Equipment Net is likely to rise to about 48.1 K in 2024, whereas Other Current Liabilities is likely to drop slightly above 827.6 K in 2024.
The essential information of the day-to-day investment outlook for Nixxy, includes many different criteria found on its balance sheet. An individual investor should monitor Nixxy,'s cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nixxy,.

Net Income

(6.99 Million)

  
Understanding current and past Nixxy, Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nixxy,'s financial statements are interrelated, with each one affecting the others. For example, an increase in Nixxy,'s assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nixxy,'s accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nixxy, Inc. Check Nixxy,'s Beneish M Score to see the likelihood of Nixxy,'s management manipulating its earnings.

Nixxy, Stock Summary

Nixxy, competes with Hirequest, GEE, Mastech Holdings, Insperity, and Ziprecruiter. Nixxy, is entity of United States. It is traded as Stock on NASDAQ exchange.
Specialization
Industrials, Staffing & Employment Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP75630B303 75630B402 897887105 897887204 75630B105 75630B204
Older SymbolRCRT
LocationNew York; U.S.A
Business Address123 Farmington Avenue,
SectorIndustrials
IndustryStaffing & Employment Services
BenchmarkDow Jones Industrial
Websitewww.recruiter.com
Phone855 931 1500

Nixxy, Key Financial Ratios

Nixxy, Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nixxy,'s current stock value. Our valuation model uses many indicators to compare Nixxy, value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nixxy, competition to find correlations between indicators driving Nixxy,'s intrinsic value. More Info.
Nixxy, Inc is regarded third in revenue category among its peers. It also is regarded third in net income category among its peers . At this time, Nixxy,'s Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nixxy,'s earnings, one of the primary drivers of an investment's value.

Nixxy, Inc Systematic Risk

Nixxy,'s systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nixxy, volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nixxy, Inc correlated with the market. If Beta is less than 0 Nixxy, generally moves in the opposite direction as compared to the market. If Nixxy, Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nixxy, Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nixxy, is generally in the same direction as the market. If Beta > 1 Nixxy, moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Nixxy, is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Nixxy, has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Nixxy,'s financials are consistent with your investment objective using the following steps:
  • Review Nixxy,'s balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Nixxy,'s liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Nixxy,'s financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Nixxy,'s stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Nixxy, November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nixxy, help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nixxy, Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nixxy, Inc based on widely used predictive technical indicators. In general, we focus on analyzing Nixxy, Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nixxy,'s daily price indicators and compare them against related drivers.

Additional Tools for Nixxy, Stock Analysis

When running Nixxy,'s price analysis, check to measure Nixxy,'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 Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.