Nephros Non Currrent Assets Other vs Other Stockholder Equity Analysis
NEPH Stock | USD 1.56 0.02 1.30% |
Nephros financial indicator trend analysis is infinitely more than just investigating Nephros recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nephros is a good investment. Please check the relationship between Nephros Non Currrent Assets Other and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nephros. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Nephros Stock please use our How to Invest in Nephros guide.
Non Currrent Assets Other vs Other Stockholder Equity
Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nephros Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nephros' Non Currrent Assets Other and Other Stockholder Equity is -0.19. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Nephros, assuming nothing else is changed. The correlation between historical values of Nephros' Non Currrent Assets Other and Other Stockholder Equity 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 Nephros are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Nephros' Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Other Stockholder Equity
Most indicators from Nephros' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nephros 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 Nephros. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Nephros Stock please use our How to Invest in Nephros guide.The Nephros' current Issuance Of Capital Stock is estimated to increase to about 6 M, while Selling General Administrative is projected to decrease to under 5.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.7M | 4.7M | 8.4M | 8.8M | Total Revenue | 10.4M | 10.0M | 14.2M | 14.9M |
Nephros fundamental ratios Correlations
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Nephros Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nephros fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.6M | 18.5M | 17.7M | 11.0M | 11.9M | 7.5M | |
Other Current Liab | 300K | 341K | 448K | 268K | 312K | 456.2K | |
Total Current Liabilities | 2.4M | 1.3M | 2.4M | 1.4M | 2.1M | 1.6M | |
Accounts Payable | 959K | 423K | 1.3M | 740K | 873K | 711.0K | |
Cash | 4.2M | 8.2M | 7.0M | 3.6M | 4.3M | 2.7M | |
Other Assets | 32K | 1.8M | 89K | 54K | 62.1K | 59.0K | |
Common Stock Shares Outstanding | 7.5M | 9.1M | 10.0M | 10.3M | 10.4M | 10.9M | |
Other Current Assets | 61K | 237K | 558K | 188K | 132K | 161.6K | |
Total Liab | 3.9M | 2.9M | 2.9M | 2.1M | 3.5M | 2.9M | |
Property Plant Equipment | 1.2M | 295K | 1.1M | 1.1M | 1.3M | 1.3M | |
Short Long Term Debt Total | 2.5M | 2.2M | 1.1M | 1.1M | 1.8M | 1.7M | |
Total Stockholder Equity | 4.7M | 12.5M | 11.7M | 5.6M | 8.4M | 8.8M | |
Property Plant And Equipment Net | 1.2M | 1.3M | 1.1M | 1.1M | 2.0M | 2.1M | |
Net Debt | (1.6M) | (6.1M) | (5.9M) | (2.5M) | (2.5M) | (2.3M) | |
Retained Earnings | (127.3M) | (131.9M) | (135.7M) | (142.8M) | (144.4M) | (151.6M) | |
Non Current Assets Total | 3.3M | 3.4M | 4.0M | 2.7M | 3.5M | 1.8M | |
Non Currrent Assets Other | 18K | 32K | 89K | 54K | 86K | 81.7K | |
Cash And Short Term Investments | 4.2M | 8.2M | 7.0M | 3.6M | 4.3M | 3.7M | |
Liabilities And Stockholders Equity | 11.6M | 18.5M | 17.7M | 11.0M | 11.9M | 7.8M | |
Non Current Liabilities Total | 1.5M | 1.6M | 511K | 706K | 1.4M | 2.0M | |
Other Stockholder Equity | 131.9M | 144.3M | 147.3M | 148.4M | 152.8M | 109.1M | |
Property Plant And Equipment Gross | 1.2M | 1.3M | 1.1M | 1.1M | 2.9M | 3.1M | |
Total Current Assets | 8.3M | 15.2M | 13.6M | 8.3M | 8.4M | 6.1M | |
Short Term Debt | 1.2M | 1.0M | 561K | 387K | 892K | 744.8K | |
Inventory | 2.6M | 5.3M | 4.8M | 3.2M | 2.5M | 1.4M | |
Net Receivables | 1.0M | 1.4M | 1.6M | 1.3M | 1.5M | 806.7K | |
Long Term Debt | 623K | 846K | 95K | 1K | 900.0 | 855.0 | |
Intangible Assets | 1.4M | 1.2M | 2.1M | 825K | 652K | 1.1M | |
Net Tangible Assets | 2.6M | 10.6M | 8.9M | 4.0M | 4.6M | 2.7M | |
Capital Surpluse | 122.9M | 127.8M | 131.9M | 144.3M | 165.9M | 134.3M |
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When determining whether Nephros offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nephros' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nephros Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nephros Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nephros. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Nephros Stock please use our How to Invest in Nephros guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nephros. If investors know Nephros will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nephros listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 1.313 | Quarterly Revenue Growth (0.08) | Return On Assets (0.08) | Return On Equity (0.16) |
The market value of Nephros is measured differently than its book value, which is the value of Nephros that is recorded on the company's balance sheet. Investors also form their own opinion of Nephros' value that differs from its market value or its book value, called intrinsic value, which is Nephros' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nephros' market value can be influenced by many factors that don't directly affect Nephros' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nephros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nephros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nephros' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.