Novavax Operating Income vs Long Term Debt 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 Operating Income and its Long Term Debt 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.
Operating Income vs Long Term Debt
Operating Income vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Operating Income account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Novavax's Operating Income and Long Term Debt is 0.31. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Operating Income and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Novavax are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Operating Income i.e., Novavax's Operating Income and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Novavax operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Novavax is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Long Term Debt
Long-term debt is a debt that Novavax has held for over one year. Long-term debt appears on Novavax balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Novavax balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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
Click cells to compare fundamentals
Novavax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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