NervGen Cash And Short Term Investments vs Deferred Long Term Liab Analysis

NGEN Stock

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NervGen Pharma financial indicator trend analysis is infinitely more than just investigating NervGen Pharma Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NervGen Pharma Corp is a good investment. Please check the relationship between NervGen Pharma Cash And Short Term Investments and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NervGen Pharma Corp. 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.

Cash And Short Term Investments vs Deferred Long Term Liab

Cash And Short Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NervGen Pharma Corp Cash And Short Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between NervGen Pharma's Cash And Short Term Investments and Deferred Long Term Liab is -0.74. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of NervGen Pharma Corp, assuming nothing else is changed. The correlation between historical values of NervGen Pharma's Cash And Short Term Investments and Deferred Long Term Liab 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 And Short Term Investments of NervGen Pharma Corp are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Cash And Short Term Investments i.e., NervGen Pharma's Cash And Short Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NervGen Pharma Corp balance sheet. This account contains NervGen Pharma investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NervGen Pharma Corp 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from NervGen Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NervGen Pharma Corp 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 NervGen Pharma Corp. 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.

Selling General Administrative is likely to drop to about 4.9 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

NervGen Pharma fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Total Liab	Deferred Long Term Liab	Net Invested Capital	Net Working Capital	Other Liab	Net Debt	Cash And Short Term Investments	Net Receivables	Other Current Assets	Other Stockholder Equity	Capital Stock	Intangible Assets	Common Stock	Property Plant And Equipment Net	Property Plant Equipment
Total Assets		0.66	0.66	0.72	0.94	-0.82	0.84	0.85	0.77	-0.32	0.84	0.66	-0.32	0.72	0.7	-0.32	-0.93	0.85	0.43	0.46	0.87	0.94	-0.79	0.87	0.78	0.68
Other Current Liab	0.66		1.0	-0.04	0.66	-0.95	0.6	0.69	0.52	-0.84	0.87	1.0	-0.84	-0.04	-0.07	-0.84	-0.86	0.93	0.83	0.27	0.9	0.81	-0.69	0.92	0.87	0.99
Total Current Liabilities	0.66	1.0		-0.04	0.66	-0.95	0.6	0.7	0.54	-0.85	0.87	1.0	-0.85	-0.04	-0.07	-0.85	-0.86	0.93	0.84	0.29	0.9	0.81	-0.69	0.92	0.86	0.99
Total Stockholder Equity	0.72	-0.04	-0.04		0.64	-0.22	0.55	0.48	0.53	0.32	0.29	-0.03	0.32	1.0	1.0	0.32	-0.45	0.28	-0.19	0.36	0.35	0.5	-0.47	0.32	0.22	-0.01
Net Tangible Assets	0.94	0.66	0.66	0.64		-0.85	0.64	0.84	0.81	-0.37	0.86	0.66	-0.37	0.64	0.61	-0.37	-0.92	0.86	0.56	0.46	0.89	0.96	-0.68	0.88	0.67	0.64
Retained Earnings	-0.82	-0.95	-0.95	-0.22	-0.85		-0.63	-0.81	-0.69	0.76	-0.92	-0.95	0.76	-0.22	-0.19	0.76	0.95	-0.98	-0.82	-0.38	-0.99	-0.93	0.79	-0.99	-0.83	-0.93
Accounts Payable	0.84	0.6	0.6	0.55	0.64	-0.63		0.76	0.62	-0.2	0.67	0.61	-0.2	0.55	0.54	-0.2	-0.73	0.66	0.26	0.52	0.65	0.73	-0.68	0.67	0.85	0.67
Non Current Assets Total	0.85	0.69	0.7	0.48	0.84	-0.81	0.76		0.97	-0.44	0.77	0.71	-0.44	0.48	0.44	-0.44	-0.8	0.77	0.61	0.59	0.81	0.85	-0.7	0.82	0.7	0.69
Non Currrent Assets Other	0.77	0.52	0.54	0.53	0.81	-0.69	0.62	0.97		-0.32	0.63	0.54	-0.32	0.53	0.5	-0.32	-0.67	0.64	0.55	0.62	0.71	0.75	-0.62	0.7	0.5	0.5
Other Assets	-0.32	-0.84	-0.85	0.32	-0.37	0.76	-0.2	-0.44	-0.32		-0.52	-0.85	1.0	0.32	0.34	1.0	0.59	-0.74	-0.9	-0.18	-0.7	-0.48	0.6	-0.73	-0.48	-0.79
Common Stock Shares Outstanding	0.84	0.87	0.87	0.29	0.86	-0.92	0.67	0.77	0.63	-0.52		0.87	-0.52	0.29	0.26	-0.52	-0.93	0.92	0.63	0.25	0.91	0.96	-0.6	0.91	0.9	0.88
Total Liab	0.66	1.0	1.0	-0.03	0.66	-0.95	0.61	0.71	0.54	-0.85	0.87		-0.85	-0.03	-0.06	-0.85	-0.86	0.93	0.84	0.29	0.9	0.81	-0.69	0.92	0.86	0.99
Deferred Long Term Liab	-0.32	-0.84	-0.85	0.32	-0.37	0.76	-0.2	-0.44	-0.32	1.0	-0.52	-0.85		0.32	0.34	1.0	0.59	-0.74	-0.9	-0.18	-0.7	-0.48	0.6	-0.73	-0.48	-0.79
Net Invested Capital	0.72	-0.04	-0.04	1.0	0.64	-0.22	0.55	0.48	0.53	0.32	0.29	-0.03	0.32		1.0	0.32	-0.45	0.28	-0.19	0.36	0.35	0.5	-0.47	0.32	0.22	-0.01
Net Working Capital	0.7	-0.07	-0.07	1.0	0.61	-0.19	0.54	0.44	0.5	0.34	0.26	-0.06	0.34	1.0		0.34	-0.43	0.26	-0.22	0.33	0.32	0.47	-0.45	0.29	0.2	-0.03
Other Liab	-0.32	-0.84	-0.85	0.32	-0.37	0.76	-0.2	-0.44	-0.32	1.0	-0.52	-0.85	1.0	0.32	0.34		0.59	-0.74	-0.9	-0.18	-0.7	-0.48	0.6	-0.73	-0.48	-0.79
Net Debt	-0.93	-0.86	-0.86	-0.45	-0.92	0.95	-0.73	-0.8	-0.67	0.59	-0.93	-0.86	0.59	-0.45	-0.43	0.59		-0.98	-0.64	-0.33	-0.97	-0.97	0.8	-0.97	-0.85	-0.86
Cash And Short Term Investments	0.85	0.93	0.93	0.28	0.86	-0.98	0.66	0.77	0.64	-0.74	0.92	0.93	-0.74	0.28	0.26	-0.74	-0.98		0.76	0.32	0.99	0.93	-0.8	0.99	0.84	0.92
Net Receivables	0.43	0.83	0.84	-0.19	0.56	-0.82	0.26	0.61	0.55	-0.9	0.63	0.84	-0.9	-0.19	-0.22	-0.9	-0.64	0.76		0.48	0.75	0.62	-0.55	0.78	0.49	0.77
Other Current Assets	0.46	0.27	0.29	0.36	0.46	-0.38	0.52	0.59	0.62	-0.18	0.25	0.29	-0.18	0.36	0.33	-0.18	-0.33	0.32	0.48		0.36	0.42	-0.44	0.4	0.26	0.26
Other Stockholder Equity	0.87	0.9	0.9	0.35	0.89	-0.99	0.65	0.81	0.71	-0.7	0.91	0.9	-0.7	0.35	0.32	-0.7	-0.97	0.99	0.75	0.36		0.95	-0.84	1.0	0.8	0.88
Capital Stock	0.94	0.81	0.81	0.5	0.96	-0.93	0.73	0.85	0.75	-0.48	0.96	0.81	-0.48	0.5	0.47	-0.48	-0.97	0.93	0.62	0.42	0.95		-0.74	0.95	0.84	0.81
Intangible Assets	-0.79	-0.69	-0.69	-0.47	-0.68	0.79	-0.68	-0.7	-0.62	0.6	-0.6	-0.69	0.6	-0.47	-0.45	0.6	0.8	-0.8	-0.55	-0.44	-0.84	-0.74		-0.83	-0.62	-0.69
Common Stock	0.87	0.92	0.92	0.32	0.88	-0.99	0.67	0.82	0.7	-0.73	0.91	0.92	-0.73	0.32	0.29	-0.73	-0.97	0.99	0.78	0.4	1.0	0.95	-0.83		0.82	0.91
Property Plant And Equipment Net	0.78	0.87	0.86	0.22	0.67	-0.83	0.85	0.7	0.5	-0.48	0.9	0.86	-0.48	0.22	0.2	-0.48	-0.85	0.84	0.49	0.26	0.8	0.84	-0.62	0.82		0.91
Property Plant Equipment	0.68	0.99	0.99	-0.01	0.64	-0.93	0.67	0.69	0.5	-0.79	0.88	0.99	-0.79	-0.01	-0.03	-0.79	-0.86	0.92	0.77	0.26	0.88	0.81	-0.69	0.91	0.91

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NervGen Pharma Account Relationship Matchups

NervGen Pharma fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8M	6.7M	17.9M	23.9M	13.2M	11.3M
Other Current Liab	172.4K	583.3K	725.5K	8.1M	11.7M	12.3M
Total Current Liabilities	923.9K	755.1K	1.1M	10.2M	15.1M	15.9M
Total Stockholder Equity	5.8M	5.9M	16.8M	13.5M	(2.0M)	(1.9M)
Net Tangible Assets	5.3M	5.4M	16.3M	13.0M	15.0M	7.7M
Retained Earnings	(11.1M)	(22.3M)	(35.0M)	(55.8M)	(78.2M)	(74.2M)
Accounts Payable	751.6K	171.8K	352.5K	2.0M	550.4K	672.0K
Cash	4.1M	5.6M	16.9M	22.5M	11.7M	9.9M
Non Current Assets Total	509.6K	473.4K	475.8K	726.7K	720.5K	555.8K
Common Stock Shares Outstanding	25.9M	32.1M	39.3M	52.6M	59.6M	41.5M
Liabilities And Stockholders Equity	6.8M	6.7M	17.9M	23.9M	27.5M	28.8M
Total Liab	923.9K	755.1K	1.1M	10.4M	15.2M	16.0M
Net Invested Capital	5.8M	5.9M	16.8M	13.5M	(2.0M)	(1.9M)
Total Current Assets	6.3M	6.2M	17.4M	23.1M	12.5M	10.7M
Net Working Capital	5.3M	5.4M	16.3M	12.9M	(2.6M)	(2.5M)
Net Debt	(4.1M)	(5.6M)	(16.9M)	(22.2M)	(20.0M)	(19.0M)
Cash And Short Term Investments	4.1M	5.6M	16.9M	22.5M	25.8M	27.1M
Net Receivables	122.5K	62.6K	64.0K	27.0K	250.2K	262.7K
Other Current Assets	2.0M	540.8K	427.6K	669.9K	602.9K	594.4K
Other Stockholder Equity	1.7M	5.3M	9.5M	11.8M	13.6M	14.3M
Accumulated Other Comprehensive Income	1.7M	5.3M	9.5M	11.8M	13.6M	14.3M
Capital Stock	15.3M	22.9M	42.4M	57.4M	58.9M	36.8M
Intangible Assets	509.6K	471.4K	473.2K	431.4K	520.8K	393.9K
Common Stock	15.3M	22.9M	42.4M	57.4M	66.0M	69.3M

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