Nurix Therapeutics Financials

NRIX Stock  USD 22.05  0.32  1.43%   
Based on the key indicators related to Nurix Therapeutics' liquidity, profitability, solvency, and operating efficiency, Nurix Therapeutics is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. At this time, Nurix Therapeutics' Other Current Liabilities is fairly stable compared to the past year. Other Liabilities is likely to rise to about 42.9 M in 2024, whereas Total Assets are likely to drop slightly above 318.1 M in 2024. Key indicators impacting Nurix Therapeutics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01780.0336
Way Down
Slightly volatile
Current Ratio3.063.3982
Moderately Down
Slightly volatile
The essential information of the day-to-day investment outlook for Nurix Therapeutics includes many different criteria found on its balance sheet. An individual investor should monitor Nurix Therapeutics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nurix Therapeutics.

Net Income

(136.03 Million)

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

Nurix Therapeutics Stock Summary

Nurix Therapeutics competes with Foghorn Therapeutics, Shattuck Labs, Monte Rosa, Kymera Therapeutics, and C4 Therapeutics. Nurix Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule therapies for the treatment of cancer and immune disorders. The company was incorporated in 2009 and is headquartered in San Francisco, California. Nurix Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 242 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS67080M1036
CUSIP67080M103
LocationCalifornia; U.S.A
Business Address1700 Owens Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.nurixtx.com
Phone415 660 5320
CurrencyUSD - US Dollar

Nurix Therapeutics Key Financial Ratios

Nurix Therapeutics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets396.3M476.8M416.8M355.6M408.9M318.1M
Other Current Liab8.3M10.6M16.8M17.5M20.1M21.1M
Other Liab37.4M61.5M59.0M36.0M41.4M42.9M
Net Tangible Assets(57.7M)290.3M342.3M303.7M349.3M185.2M
Net Debt(119.4M)(67.5M)(52.5M)(24.0M)(27.6M)(29.0M)
Retained Earnings(103.7M)(220.9M)(401.3M)(545.2M)(490.7M)(466.1M)
Accounts Payable3.4M6.7M5.1M6.4M7.4M4.5M
Cash119.4M80.5M64.5M54.6M62.8M69.6M
Other Assets317K91.2M3.1M4.9M5.7M5.4M
Capital Surpluse2.7M393.8M563.8M709.2M815.6M856.4M
Other Current Assets5.9M9.4M9.3M7.6M8.7M6.5M
Total Liab106.1M134.5M113.1M155.1M178.4M127.0M
Net Invested Capital290.3M342.3M303.7M200.5M230.6M191.1M
Total Current Assets298.4M311.1M318.4M295.5M339.8M239.0M
Capital Stock39K45K47K49K56.4K34.3K
Net Working Capital253.9M244.9M247.8M208.5M239.8M180.8M
Short Term Debt7.6M7.7M11.1M15.0M17.2M8.9M
Common Stock39K45K47K49K56.4K34.3K

Nurix Therapeutics Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Nurix Therapeutics. It measures of how well Nurix is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Nurix Therapeutics brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Nurix had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Nurix Therapeutics has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Investments(254.4M)(102.6M)39.4M68.3M78.5M82.5M
Change In Cash84.5M(38.7M)(15.4M)(9.8M)(8.9M)(8.4M)
Free Cash Flow(4.6M)(90.0M)(172.1M)(89.8M)(80.8M)(84.8M)
Depreciation2.2M6.1M10.8M13.7M15.7M16.5M
Other Non Cash Items273K1.8M636K(4.9M)(4.4M)(4.2M)
Capital Expenditures4.6M5.7M12.2M8.4M9.7M6.3M
Net Income(43.2M)(117.2M)(180.4M)(143.9M)(129.6M)(136.0M)
End Period Cash Flow119.5M80.8M65.4M55.5M63.9M70.0M
Change To Netincome401K4.6M17.6M28.3M32.6M34.2M

Nurix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nurix Therapeutics's current stock value. Our valuation model uses many indicators to compare Nurix Therapeutics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nurix Therapeutics competition to find correlations between indicators driving Nurix Therapeutics's intrinsic value. More Info.
Nurix Therapeutics is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Nurix Therapeutics' Return On Equity 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 Nurix Therapeutics' earnings, one of the primary drivers of an investment's value.

Nurix Therapeutics Systematic Risk

Nurix Therapeutics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nurix Therapeutics 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Nurix Therapeutics correlated with the market. If Beta is less than 0 Nurix Therapeutics generally moves in the opposite direction as compared to the market. If Nurix Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nurix Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nurix Therapeutics is generally in the same direction as the market. If Beta > 1 Nurix Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Nurix Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nurix Therapeutics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nurix Therapeutics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

At this time, Nurix Therapeutics' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Nurix Therapeutics November 22, 2024 Opportunity Range

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

Additional Tools for Nurix Stock Analysis

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