Evaxion Non Currrent Assets Other vs Short Long Term Debt Total Analysis

EVAX Stock  USD 1.57  0.04  2.48%   
Evaxion Biotech financial indicator trend analysis is much more than just examining Evaxion Biotech AS latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evaxion Biotech AS is a good investment. Please check the relationship between Evaxion Biotech Non Currrent Assets Other and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evaxion Biotech AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Currrent Assets Other vs Short Long Term Debt Total

Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evaxion Biotech AS Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Evaxion Biotech's Non Currrent Assets Other and Short Long Term Debt Total is 0.64. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Evaxion Biotech AS, assuming nothing else is changed. The correlation between historical values of Evaxion Biotech's Non Currrent Assets Other and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Evaxion Biotech AS are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., Evaxion Biotech's Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Long Term Debt Total

Most indicators from Evaxion Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evaxion Biotech AS 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evaxion Biotech AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is likely to rise to about 15.2 M in 2024, whereas Tax Provision is likely to drop (825.3 K) in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization343.5K571.3K615.9K330.1K
Interest Income2.0M2.8M2.3M1.4M

Evaxion Biotech fundamental ratios Correlations

0.190.130.140.43-0.07-0.150.050.120.24-0.01-0.240.240.25-0.08-0.24-0.090.09-0.090.160.290.170.060.00.010.88
0.190.850.81-0.160.510.24-0.780.410.250.390.640.25-0.67-0.60.710.530.180.890.110.36-0.090.470.680.640.02
0.130.850.62-0.160.590.18-0.940.640.230.60.750.23-0.62-0.640.890.590.420.90.090.350.0-0.010.830.85-0.06
0.140.810.62-0.260.48-0.05-0.60.590.450.560.530.45-0.77-0.830.540.460.470.790.340.450.10.680.580.56-0.11
0.43-0.16-0.16-0.26-0.830.650.48-0.46-0.72-0.6-0.71-0.720.350.43-0.53-0.82-0.34-0.47-0.77-0.7-0.720.01-0.48-0.580.79
-0.070.510.590.48-0.83-0.51-0.810.710.760.790.930.76-0.44-0.60.781.00.470.740.720.790.67-0.090.860.86-0.49
-0.150.240.18-0.050.65-0.510.04-0.42-0.88-0.45-0.21-0.880.030.380.01-0.47-0.410.03-0.93-0.81-0.970.12-0.12-0.330.26
0.05-0.78-0.94-0.60.48-0.810.04-0.73-0.41-0.74-0.92-0.410.630.67-0.98-0.81-0.49-0.94-0.31-0.51-0.230.07-0.92-0.940.33
0.120.410.640.59-0.460.71-0.42-0.730.610.980.670.61-0.4-0.770.690.660.930.660.550.610.51-0.120.730.81-0.23
0.240.250.230.45-0.720.76-0.88-0.410.610.640.521.0-0.35-0.670.330.720.490.40.990.980.930.110.460.63-0.25
-0.010.390.60.56-0.60.79-0.45-0.740.980.640.730.64-0.38-0.720.730.740.910.680.60.630.56-0.130.730.81-0.38
-0.240.640.750.53-0.710.93-0.21-0.920.670.520.730.52-0.59-0.60.920.940.40.870.460.570.38-0.060.940.89-0.55
0.240.250.230.45-0.720.76-0.88-0.410.611.00.640.52-0.35-0.670.330.720.490.40.990.980.930.110.460.63-0.25
0.25-0.67-0.62-0.770.35-0.440.030.63-0.4-0.35-0.38-0.59-0.350.84-0.64-0.43-0.25-0.77-0.25-0.36-0.07-0.49-0.54-0.650.44
-0.08-0.6-0.64-0.830.43-0.60.380.67-0.77-0.67-0.72-0.6-0.670.84-0.62-0.55-0.66-0.75-0.58-0.66-0.43-0.35-0.62-0.790.28
-0.240.710.890.54-0.530.780.01-0.980.690.330.730.920.33-0.64-0.620.780.480.930.240.420.17-0.10.870.91-0.48
-0.090.530.590.46-0.821.0-0.47-0.810.660.720.740.940.72-0.43-0.550.780.40.740.690.760.63-0.090.870.84-0.49
0.090.180.420.47-0.340.47-0.41-0.490.930.490.910.40.49-0.25-0.660.480.40.450.460.470.44-0.130.430.59-0.2
-0.090.890.90.79-0.470.740.03-0.940.660.40.680.870.4-0.77-0.750.930.740.450.290.490.130.250.840.86-0.36
0.160.110.090.34-0.770.72-0.93-0.310.550.990.60.460.99-0.25-0.580.240.690.460.290.950.960.070.360.54-0.31
0.290.360.350.45-0.70.79-0.81-0.510.610.980.630.570.98-0.36-0.660.420.760.470.490.950.890.070.50.71-0.2
0.17-0.090.00.1-0.720.67-0.97-0.230.510.930.560.380.93-0.07-0.430.170.630.440.130.960.89-0.190.30.49-0.28
0.060.47-0.010.680.01-0.090.120.07-0.120.11-0.13-0.060.11-0.49-0.35-0.1-0.09-0.130.250.070.07-0.19-0.09-0.130.04
0.00.680.830.58-0.480.86-0.12-0.920.730.460.730.940.46-0.54-0.620.870.870.430.840.360.50.3-0.090.87-0.29
0.010.640.850.56-0.580.86-0.33-0.940.810.630.810.890.63-0.65-0.790.910.840.590.860.540.710.49-0.130.87-0.36
0.880.02-0.06-0.110.79-0.490.260.33-0.23-0.25-0.38-0.55-0.250.440.28-0.48-0.49-0.2-0.36-0.31-0.2-0.280.04-0.29-0.36
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Evaxion Biotech Account Relationship Matchups

Evaxion Biotech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1M12.0M40.2M(58.9M)12.9M13.5M
Short Long Term Debt Total36K20K3.7M2.3M10.9M11.4M
Other Current Liab1.0M1.2M1.0M1.2M3.9M4.1M
Total Current Liabilities1.7M4.9M4.3M3.8M7.1M5.0M
Total Stockholder Equity9.4M7.0M(50.4M)(72.7M)(4.7M)(5.0M)
Property Plant And Equipment Net126K457K5.4M4.7M4.3M2.4M
Net Debt(9.5M)(5.8M)(28.5M)(10.9M)5.3M5.6M
Retained Earnings(15.8M)(27.3M)(50.4M)(72.7M)(108.0M)(102.6M)
Accounts Payable646K3.7M2.8M2.1M2.7M1.9M
Cash9.6M5.8M32.2M13.2M5.6M5.3M
Non Current Assets Total126K6.1M5.5M5.0M4.5M3.4M
Cash And Short Term Investments9.6M5.8M32.2M13.2M5.6M5.3M
Net Receivables931K1.8M1.9M789K1.1M1.1M
Liabilities And Stockholders Equity11.1M12.0M(42.7M)(58.9M)12.9M13.5M
Non Current Liabilities Total682K2.7M3.4M10.0M10.5M11.1M
Capital Lease Obligations36K20K2.5M2.3M2.2M1.1M
Other Current Assets468.0K6.3M3.2M2.5M1.7M2.3M
Total Liab1.7M4.9M7.7M13.7M17.6M18.5M
Net Invested Capital9.4M7.0M33.6M16.3M3.9M3.7M
Total Current Assets11.0M5.8M34.7M14.0M8.4M13.3M
Accumulated Other Comprehensive Income22.7M31.7M79.1M(3.7M)(3.8M)(3.6M)
Net Working Capital9.2M6.0M30.4M13.2M1.3M1.2M
Short Term Debt36K40K440K439K485K460.8K
Common Stock2.5M2.6M3.8M3.9M5.9M3.6M
Other Assets25K694K191K(78.0M)134.0140.7
Inventory(6.0)(6.9M)(1.9M)(2.5M)(2.2M)(2.4M)
Other Stockholder Equity(169K)34.3M(82.9M)80.7M101.1M106.2M
Capital Stock2.5M2.6M3.8M3.9M5.9M3.8M

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