NewAmsterdam Cash vs Total Assets Analysis

NAMS Stock   20.84  0.21  1.00%   
NewAmsterdam Pharma financial indicator trend analysis is infinitely more than just investigating NewAmsterdam Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NewAmsterdam Pharma is a good investment. Please check the relationship between NewAmsterdam Pharma Cash and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewAmsterdam Pharma Cash account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between NewAmsterdam Pharma's Cash and Total Assets is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of NewAmsterdam Pharma, assuming nothing else is changed. The correlation between historical values of NewAmsterdam Pharma's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of NewAmsterdam Pharma are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., NewAmsterdam Pharma's Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of NewAmsterdam Pharma, which is listed under current asset account on NewAmsterdam Pharma balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NewAmsterdam Pharma customers. The amounts must be unrestricted with restricted cash listed in a different NewAmsterdam Pharma account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of NewAmsterdam Pharma assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NewAmsterdam Pharma books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from NewAmsterdam Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NewAmsterdam Pharma 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.At this time, NewAmsterdam Pharma's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 31.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 1.90 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense216K271K6.8M7.1M
Depreciation And Amortization4.4K8.4K49K51.5K

NewAmsterdam Pharma fundamental ratios Correlations

-0.830.790.911.00.820.69-0.98-0.750.891.00.770.831.00.560.030.80.931.00.78-0.481.00.771.0-0.830.77
-0.83-0.8-0.75-0.83-1.0-0.950.870.8-0.93-0.84-0.45-1.0-0.84-0.660.52-0.94-0.77-0.82-0.940.62-0.84-0.51-0.851.0-0.51
0.79-0.80.90.770.840.57-0.88-1.00.890.830.240.80.830.95-0.10.610.890.770.59-0.90.830.230.81-0.80.23
0.91-0.750.90.890.770.51-0.93-0.890.920.940.480.750.940.760.080.591.00.890.57-0.610.940.470.93-0.750.47
1.0-0.830.770.890.820.7-0.98-0.740.880.990.790.830.990.530.030.810.911.00.79-0.460.990.791.0-0.830.79
0.82-1.00.840.770.820.92-0.88-0.850.940.840.41.00.840.72-0.50.920.780.810.91-0.680.840.460.84-1.00.46
0.69-0.950.570.510.70.92-0.71-0.580.780.690.460.950.690.42-0.670.980.540.690.98-0.420.690.550.7-0.950.55
-0.980.87-0.88-0.93-0.98-0.88-0.710.85-0.93-0.99-0.66-0.87-0.99-0.690.03-0.8-0.94-0.98-0.790.63-0.99-0.66-0.990.87-0.66
-0.750.8-1.0-0.89-0.74-0.85-0.580.85-0.9-0.8-0.17-0.8-0.8-0.960.16-0.59-0.88-0.73-0.580.9-0.8-0.17-0.780.8-0.17
0.89-0.930.890.920.880.940.78-0.93-0.90.920.440.930.920.76-0.30.80.930.870.8-0.630.920.470.92-0.930.47
1.0-0.840.830.940.990.840.69-0.99-0.80.920.710.841.00.610.010.780.950.990.77-0.521.00.721.0-0.840.72
0.77-0.450.240.480.790.40.46-0.66-0.170.440.710.450.71-0.090.250.620.510.790.610.10.720.990.73-0.450.99
0.83-1.00.80.750.831.00.95-0.87-0.80.930.840.450.840.66-0.520.950.760.820.94-0.610.840.520.85-1.00.52
1.0-0.840.830.940.990.840.69-0.99-0.80.921.00.710.840.610.010.780.950.990.77-0.521.00.721.0-0.840.72
0.56-0.660.950.760.530.720.42-0.69-0.960.760.61-0.090.660.61-0.160.40.750.530.39-0.950.61-0.090.59-0.66-0.09
0.030.52-0.10.080.03-0.5-0.670.030.16-0.30.010.25-0.520.01-0.16-0.510.060.05-0.530.150.00.130.00.520.13
0.8-0.940.610.590.810.920.98-0.8-0.590.80.780.620.950.780.4-0.510.620.81.0-0.410.790.690.8-0.950.69
0.93-0.770.891.00.910.780.54-0.94-0.880.930.950.510.760.950.750.060.620.910.6-0.610.950.50.94-0.760.5
1.0-0.820.770.891.00.810.69-0.98-0.730.870.990.790.820.990.530.050.80.910.78-0.460.990.791.0-0.810.79
0.78-0.940.590.570.790.910.98-0.79-0.580.80.770.610.940.770.39-0.531.00.60.78-0.40.770.690.79-0.940.69
-0.480.62-0.9-0.61-0.46-0.68-0.420.630.9-0.63-0.520.1-0.61-0.52-0.950.15-0.41-0.61-0.46-0.4-0.520.1-0.510.610.1
1.0-0.840.830.940.990.840.69-0.99-0.80.921.00.720.841.00.610.00.790.950.990.77-0.520.721.0-0.840.72
0.77-0.510.230.470.790.460.55-0.66-0.170.470.720.990.520.72-0.090.130.690.50.790.690.10.720.74-0.521.0
1.0-0.850.810.931.00.840.7-0.99-0.780.921.00.730.851.00.590.00.80.941.00.79-0.511.00.74-0.840.74
-0.831.0-0.8-0.75-0.83-1.0-0.950.870.8-0.93-0.84-0.45-1.0-0.84-0.660.52-0.95-0.76-0.81-0.940.61-0.84-0.52-0.84-0.52
0.77-0.510.230.470.790.460.55-0.66-0.170.470.720.990.520.72-0.090.130.690.50.790.690.10.721.00.74-0.52
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NewAmsterdam Pharma Account Relationship Matchups

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Additional Tools for NewAmsterdam Stock Analysis

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