NewAmsterdam Total Current Liabilities vs Cash And Short Term Investments 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 Total Current Liabilities and its Cash And Short Term Investments 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.

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewAmsterdam Pharma Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NewAmsterdam Pharma's Total Current Liabilities and Cash And Short Term Investments is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments 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 Total Current Liabilities and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of NewAmsterdam Pharma are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., NewAmsterdam Pharma's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on NewAmsterdam Pharma balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NewAmsterdam Pharma are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NewAmsterdam Pharma balance sheet. This account contains NewAmsterdam Pharma investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NewAmsterdam Pharma fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expense	216K	271K	6.8M	7.1M
Depreciation And Amortization	4.4K	8.4K	49K	51.5K

Interest Expense Depreciation And Amortization

NewAmsterdam Pharma fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock
Total Assets		-0.83	0.79	0.91	1.0	0.82	0.69	-0.98	-0.75	0.89	1.0	0.77	0.83	1.0	0.56	0.03	0.8	0.93	1.0	0.78	-0.48	1.0	0.77	1.0	-0.83	0.77
Short Long Term Debt Total	-0.83		-0.8	-0.75	-0.83	-1.0	-0.95	0.87	0.8	-0.93	-0.84	-0.45	-1.0	-0.84	-0.66	0.52	-0.94	-0.77	-0.82	-0.94	0.62	-0.84	-0.51	-0.85	1.0	-0.51
Other Current Liab	0.79	-0.8		0.9	0.77	0.84	0.57	-0.88	-1.0	0.89	0.83	0.24	0.8	0.83	0.95	-0.1	0.61	0.89	0.77	0.59	-0.9	0.83	0.23	0.81	-0.8	0.23
Total Current Liabilities	0.91	-0.75	0.9		0.89	0.77	0.51	-0.93	-0.89	0.92	0.94	0.48	0.75	0.94	0.76	0.08	0.59	1.0	0.89	0.57	-0.61	0.94	0.47	0.93	-0.75	0.47
Total Stockholder Equity	1.0	-0.83	0.77	0.89		0.82	0.7	-0.98	-0.74	0.88	0.99	0.79	0.83	0.99	0.53	0.03	0.81	0.91	1.0	0.79	-0.46	0.99	0.79	1.0	-0.83	0.79
Net Tangible Assets	0.82	-1.0	0.84	0.77	0.82		0.92	-0.88	-0.85	0.94	0.84	0.4	1.0	0.84	0.72	-0.5	0.92	0.78	0.81	0.91	-0.68	0.84	0.46	0.84	-1.0	0.46
Property Plant And Equipment Net	0.69	-0.95	0.57	0.51	0.7	0.92		-0.71	-0.58	0.78	0.69	0.46	0.95	0.69	0.42	-0.67	0.98	0.54	0.69	0.98	-0.42	0.69	0.55	0.7	-0.95	0.55
Net Debt	-0.98	0.87	-0.88	-0.93	-0.98	-0.88	-0.71		0.85	-0.93	-0.99	-0.66	-0.87	-0.99	-0.69	0.03	-0.8	-0.94	-0.98	-0.79	0.63	-0.99	-0.66	-0.99	0.87	-0.66
Retained Earnings	-0.75	0.8	-1.0	-0.89	-0.74	-0.85	-0.58	0.85		-0.9	-0.8	-0.17	-0.8	-0.8	-0.96	0.16	-0.59	-0.88	-0.73	-0.58	0.9	-0.8	-0.17	-0.78	0.8	-0.17
Accounts Payable	0.89	-0.93	0.89	0.92	0.88	0.94	0.78	-0.93	-0.9		0.92	0.44	0.93	0.92	0.76	-0.3	0.8	0.93	0.87	0.8	-0.63	0.92	0.47	0.92	-0.93	0.47
Cash	1.0	-0.84	0.83	0.94	0.99	0.84	0.69	-0.99	-0.8	0.92		0.71	0.84	1.0	0.61	0.01	0.78	0.95	0.99	0.77	-0.52	1.0	0.72	1.0	-0.84	0.72
Non Current Assets Total	0.77	-0.45	0.24	0.48	0.79	0.4	0.46	-0.66	-0.17	0.44	0.71		0.45	0.71	-0.09	0.25	0.62	0.51	0.79	0.61	0.1	0.72	0.99	0.73	-0.45	0.99
Non Currrent Assets Other	0.83	-1.0	0.8	0.75	0.83	1.0	0.95	-0.87	-0.8	0.93	0.84	0.45		0.84	0.66	-0.52	0.95	0.76	0.82	0.94	-0.61	0.84	0.52	0.85	-1.0	0.52
Cash And Short Term Investments	1.0	-0.84	0.83	0.94	0.99	0.84	0.69	-0.99	-0.8	0.92	1.0	0.71	0.84		0.61	0.01	0.78	0.95	0.99	0.77	-0.52	1.0	0.72	1.0	-0.84	0.72
Common Stock Shares Outstanding	0.56	-0.66	0.95	0.76	0.53	0.72	0.42	-0.69	-0.96	0.76	0.61	-0.09	0.66	0.61		-0.16	0.4	0.75	0.53	0.39	-0.95	0.61	-0.09	0.59	-0.66	-0.09
Non Current Liabilities Total	0.03	0.52	-0.1	0.08	0.03	-0.5	-0.67	0.03	0.16	-0.3	0.01	0.25	-0.52	0.01	-0.16		-0.51	0.06	0.05	-0.53	0.15	0.0	0.13	0.0	0.52	0.13
Other Current Assets	0.8	-0.94	0.61	0.59	0.81	0.92	0.98	-0.8	-0.59	0.8	0.78	0.62	0.95	0.78	0.4	-0.51		0.62	0.8	1.0	-0.41	0.79	0.69	0.8	-0.95	0.69
Total Liab	0.93	-0.77	0.89	1.0	0.91	0.78	0.54	-0.94	-0.88	0.93	0.95	0.51	0.76	0.95	0.75	0.06	0.62		0.91	0.6	-0.61	0.95	0.5	0.94	-0.76	0.5
Net Invested Capital	1.0	-0.82	0.77	0.89	1.0	0.81	0.69	-0.98	-0.73	0.87	0.99	0.79	0.82	0.99	0.53	0.05	0.8	0.91		0.78	-0.46	0.99	0.79	1.0	-0.81	0.79
Property Plant And Equipment Gross	0.78	-0.94	0.59	0.57	0.79	0.91	0.98	-0.79	-0.58	0.8	0.77	0.61	0.94	0.77	0.39	-0.53	1.0	0.6	0.78		-0.4	0.77	0.69	0.79	-0.94	0.69
Short Long Term Debt	-0.48	0.62	-0.9	-0.61	-0.46	-0.68	-0.42	0.63	0.9	-0.63	-0.52	0.1	-0.61	-0.52	-0.95	0.15	-0.41	-0.61	-0.46	-0.4		-0.52	0.1	-0.51	0.61	0.1
Total Current Assets	1.0	-0.84	0.83	0.94	0.99	0.84	0.69	-0.99	-0.8	0.92	1.0	0.72	0.84	1.0	0.61	0.0	0.79	0.95	0.99	0.77	-0.52		0.72	1.0	-0.84	0.72
Capital Stock	0.77	-0.51	0.23	0.47	0.79	0.46	0.55	-0.66	-0.17	0.47	0.72	0.99	0.52	0.72	-0.09	0.13	0.69	0.5	0.79	0.69	0.1	0.72		0.74	-0.52	1.0
Net Working Capital	1.0	-0.85	0.81	0.93	1.0	0.84	0.7	-0.99	-0.78	0.92	1.0	0.73	0.85	1.0	0.59	0.0	0.8	0.94	1.0	0.79	-0.51	1.0	0.74		-0.84	0.74
Short Term Debt	-0.83	1.0	-0.8	-0.75	-0.83	-1.0	-0.95	0.87	0.8	-0.93	-0.84	-0.45	-1.0	-0.84	-0.66	0.52	-0.95	-0.76	-0.81	-0.94	0.61	-0.84	-0.52	-0.84		-0.52
Common Stock	0.77	-0.51	0.23	0.47	0.79	0.46	0.55	-0.66	-0.17	0.47	0.72	0.99	0.52	0.72	-0.09	0.13	0.69	0.5	0.79	0.69	0.1	0.72	1.0	0.74	-0.52

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NewAmsterdam Total Current Liabilities vs Cash And Short Term Investments Analysis

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash And Short Term Investments

NewAmsterdam Pharma fundamental ratios Correlations

NewAmsterdam Pharma Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets

Short Term Debt	- 1.0	Non Currrent Assets Other
Short Term Debt	- 1.0	Net Tangible Assets
Retained Earnings	- 1.0	Other Current Liab
Non Currrent Assets Other	- 1.0	Short Long Term Debt Total
Net Tangible Assets	- 1.0	Short Long Term Debt Total
Net Working Capital	- 0.99	Net Debt