Novavax Net Tangible Assets vs Other Current Liab Analysis

0A3S Stock

11.90 3.06 34.62%

Novavax financial indicator trend analysis is infinitely more than just investigating Novavax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novavax is a good investment. Please check the relationship between Novavax Net Tangible Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Novavax's Net Tangible Assets and Other Current Liab is -0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Net Tangible Assets and Other Current Liab 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 Tangible Assets of Novavax are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Novavax's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

Most indicators from Novavax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novavax 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.Selling General Administrative is likely to gain to about 175.4 M in 2024

Novavax fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Net Receivables	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Cash	Long Term Debt	Cash And Short Term Investments	Good Will	Short Term Investments	Capital Surpluse	Total Liab	Treasury Stock	Intangible Assets	Inventory
Other Current Liab		1.0	0.99	-0.73	-0.98	0.96	0.98	0.62	0.29	0.9	-0.58	0.96	0.59	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66	0.66	-0.66	0.78
Total Current Liabilities	1.0		0.99	-0.74	-0.98	0.98	0.99	0.64	0.28	0.88	-0.59	0.98	0.54	-0.69	-0.69	-0.69	-0.69	-0.69	-0.69	-0.69	-0.69	-0.69	-0.69	0.68	-0.69	0.81
Other Liab	0.99	0.99		-0.82	-0.96	0.97	0.99	0.55	0.15	0.83	-0.54	0.95	0.47	-0.7	-0.7	-0.7	-0.7	-0.7	-0.7	-0.7	-0.7	-0.7	-0.7	0.69	-0.7	0.82
Net Tangible Assets	-0.73	-0.74	-0.82		0.73	-0.73	-0.77	-0.11	0.4	-0.47	0.3	-0.66	-0.04	0.51	0.51	0.51	0.51	0.51	0.51	0.51	0.51	0.51	0.51	-0.53	0.51	-0.73
Retained Earnings	-0.98	-0.98	-0.96	0.73		-0.96	-0.97	-0.65	-0.31	-0.91	0.65	-0.95	-0.57	0.56	0.56	0.56	0.56	0.56	0.56	0.56	0.56	0.56	0.56	-0.59	0.56	-0.82
Accounts Payable	0.96	0.98	0.97	-0.73	-0.96		0.98	0.67	0.23	0.82	-0.58	0.99	0.4	-0.75	-0.75	-0.75	-0.75	-0.75	-0.75	-0.75	-0.75	-0.75	-0.75	0.75	-0.75	0.89
Other Assets	0.98	0.99	0.99	-0.77	-0.97	0.98		0.58	0.19	0.84	-0.63	0.97	0.47	-0.71	-0.71	-0.71	-0.71	-0.71	-0.71	-0.71	-0.71	-0.71	-0.71	0.71	-0.71	0.84
Other Current Assets	0.62	0.64	0.55	-0.11	-0.65	0.67	0.58		0.73	0.78	-0.3	0.73	0.49	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	0.49	-0.3	0.66
Other Stockholder Equity	0.29	0.28	0.15	0.4	-0.31	0.23	0.19	0.73		0.58	-0.27	0.33	0.77	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	-0.02	0.03	0.02
Total Current Assets	0.9	0.88	0.83	-0.47	-0.91	0.82	0.84	0.78	0.58		-0.59	0.85	0.78	-0.34	-0.34	-0.34	-0.34	-0.34	-0.34	-0.34	-0.34	-0.34	-0.34	0.5	-0.34	0.67
Common Stock	-0.58	-0.59	-0.54	0.3	0.65	-0.58	-0.63	-0.3	-0.27	-0.59		-0.58	-0.5	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	-0.35	0.34	-0.44
Property Plant Equipment	0.96	0.98	0.95	-0.66	-0.95	0.99	0.97	0.73	0.33	0.85	-0.58		0.46	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74	-0.74	0.73	-0.74	0.86
Net Receivables	0.59	0.54	0.47	-0.04	-0.57	0.4	0.47	0.49	0.77	0.78	-0.5	0.46		-0.06	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06	0.07	-0.06	0.07
Total Assets	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06		1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Short Long Term Debt Total	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0		1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Total Stockholder Equity	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0		1.0	1.0	1.0	1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Cash	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0		1.0	1.0	1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Long Term Debt	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0		1.0	1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Cash And Short Term Investments	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0		1.0	1.0	1.0	1.0	-0.8	1.0	-0.57
Good Will	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0	1.0		1.0	1.0	1.0	-0.8	1.0	-0.57
Short Term Investments	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0	1.0	1.0		1.0	1.0	-0.8	1.0	-0.57
Capital Surpluse	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0		1.0	-0.8	1.0	-0.57
Total Liab	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0		-0.8	1.0	-0.57
Treasury Stock	0.66	0.68	0.69	-0.53	-0.59	0.75	0.71	0.49	-0.02	0.5	-0.35	0.73	0.07	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8	-0.8		-0.8	0.77
Intangible Assets	-0.66	-0.69	-0.7	0.51	0.56	-0.75	-0.71	-0.3	0.03	-0.34	0.34	-0.74	-0.06	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	-0.8		-0.57
Inventory	0.78	0.81	0.82	-0.73	-0.82	0.89	0.84	0.66	0.02	0.67	-0.44	0.86	0.07	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57	-0.57	0.77	-0.57

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Novavax Account Relationship Matchups

Novavax fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.7M	278.3M	1.4B	1.3B	1.5B	1.5B
Total Current Liabilities	25.8M	579.7M	2.4B	2.5B	2.8B	3.0B
Other Liab	12.6M	3.4M	175.5M	185.0M	212.8M	223.4M
Net Tangible Assets	(242.8M)	486.1M	(483.2M)	(760.4M)	(684.4M)	(650.1M)
Retained Earnings	(1.4B)	(1.9B)	(3.6B)	(4.3B)	(3.8B)	(3.7B)
Accounts Payable	2.9M	54.3M	127.1M	216.5M	249.0M	261.4M
Other Assets	7.5M	5.4M	24.3M	28.5M	32.7M	34.4M
Other Current Assets	7.3M	103.5M	56.1M	86.7M	99.7M	58.3M
Other Stockholder Equity	(12.5M)	7.0M	(1.4M)	(6.4M)	(7.3M)	(7.7M)
Total Current Assets	97.2M	1.2B	2.2B	1.7B	2.0B	1.0B
Common Stock	324K	714K	764K	868K	781.2K	813.2K
Property Plant Equipment	11.4M	187.7M	265.9M	400.5M	460.6M	483.6M

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Novavax Net Tangible Assets vs Other Current Liab Analysis

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Other Current Liab

Novavax fundamental ratios Correlations

Novavax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Novavax fundamental ratios Accounts

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Additional Tools for Novavax Stock Analysis

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Total Current Liabilities	+ 1.0	Other Current Liab
Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets

Retained Earnings	- 0.98	Total Current Liabilities
Retained Earnings	- 0.98	Other Current Liab
Other Assets	- 0.97	Retained Earnings
Accounts Payable	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Other Liab
Property Plant Equipment	- 0.95	Retained Earnings