NLS Historical Balance Sheet
NLSP Stock | USD 3.38 0.11 3.36% |
Trend analysis of NLS Pharmaceutics AG balance sheet accounts such as Total Current Liabilities of 4.5 M provides information on NLS Pharmaceutics' total assets, liabilities, and equity, which is the actual value of NLS Pharmaceutics to its prevalent stockholders. By breaking down trends over time using NLS Pharmaceutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NLS Pharmaceutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NLS Pharmaceutics is a good buy for the upcoming year.
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About NLS Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NLS Pharmaceutics at a specified time, usually calculated after every quarter, six months, or one year. NLS Pharmaceutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NLS Pharmaceutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NLS currently owns. An asset can also be divided into two categories, current and non-current.
NLS Pharmaceutics Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NLS Pharmaceutics 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 NLS Pharmaceutics 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.Total Current Liabilities
Total Current Liabilities is an item on NLS Pharmaceutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NLS Pharmaceutics AG 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.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.Most accounts from NLS Pharmaceutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NLS Pharmaceutics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NLS Pharmaceutics AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, NLS Pharmaceutics' Total Current Assets are relatively stable compared to the past year. As of 11/30/2024, Common Stock is likely to grow to about 770.1 K, while Total Current Liabilities is likely to drop slightly above 4.5 M.
2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.6M | 1.5M | 1.4M | Total Assets | 5.8M | 1.8M | 3.3M |
NLS Pharmaceutics balance sheet Correlations
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NLS Pharmaceutics Account Relationship Matchups
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NLS Pharmaceutics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 696.4K | 1.2M | 5.8M | 9.3M | 1.8M | 3.3M | |
Short Long Term Debt Total | 7.1M | 842.1K | 2.1M | 1.6M | 1.5M | 1.4M | |
Other Current Liab | 835.7K | 1.4M | 666.4K | 986.4K | 1.7M | 1.0M | |
Total Current Liabilities | 4.0M | 7.2M | 2.4M | 3.4M | 7.9M | 4.5M | |
Total Stockholder Equity | (6.2M) | (9.0M) | 542.4K | 3.3M | (8.8M) | (9.3M) | |
Other Liab | 159.0K | 2.7M | 2.7M | 2.8M | 3.2M | 1.9M | |
Net Tangible Assets | (8.8M) | (6.2M) | (9.0M) | 542.4K | 623.7K | 654.9K | |
Net Debt | 621.9K | 2.0M | (5.4M) | (8.9M) | 736.1K | 772.9K | |
Retained Earnings | (26.9M) | (29.8M) | (41.7M) | (58.2M) | (70.4M) | (66.9M) | |
Accounts Payable | 2.5M | 4.0M | 1.7M | 2.4M | 4.6M | 2.7M | |
Cash | 220.3K | 93.7K | 5.4M | 8.9M | 897.7K | 852.8K | |
Non Current Assets Total | 314.7K | 1.0M | 41.6K | 30.2K | 23.6K | 22.4K | |
Non Currrent Assets Other | 260.2K | 946.9K | 12.0K | 12.1K | 16.9K | 16.0K | |
Cash And Short Term Investments | 220.3K | 93.7K | 5.4M | 8.9M | 897.7K | 852.8K | |
Net Receivables | 75.4K | 61.2K | 38.6K | 41.2K | 10.7K | 10.1K | |
Common Stock Shares Outstanding | 11.1M | 4.8M | 14.7M | 19.7M | 38.2M | 40.1M | |
Liabilities And Stockholders Equity | 696.4K | 1.2M | 5.8M | 9.3M | 1.8M | 3.3M | |
Non Current Liabilities Total | 2.8M | 3.0M | 2.8M | 2.6M | 2.8M | 3.4M | |
Other Current Assets | 86.1K | 14.4K | 292.0K | 191.0K | 914.7K | 960.5K | |
Other Stockholder Equity | 20.6M | 20.6M | 42.1M | 60.9M | 61.0M | 35.5M | |
Total Liab | 6.9M | 10.2M | 5.2M | 6.0M | 10.7M | 6.6M | |
Net Invested Capital | (5.3M) | (6.9M) | 542.4K | 3.3M | (7.2M) | (6.8M) | |
Total Current Assets | 381.7K | 196.7K | 5.7M | 9.2M | 1.8M | 3.1M | |
Accumulated Other Comprehensive Income | (18.7K) | (19.4K) | (151.7K) | (50.8K) | (158.1K) | (150.2K) | |
Net Working Capital | (3.7M) | (7.0M) | 3.3M | 5.9M | (6.1M) | (5.8M) | |
Inventory | (33.6K) | (61.2K) | (38.6K) | (41.2K) | (37.1K) | (39.0K) | |
Short Term Debt | 690.1K | 1.8M | 2.5B | 1.6M | 1.9M | 1.8M |
Pair Trading with NLS Pharmaceutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NLS Pharmaceutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NLS Pharmaceutics will appreciate offsetting losses from the drop in the long position's value.Moving against NLS Stock
0.87 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
0.79 | ESPR | Esperion Therapeutics Buyout Trend | PairCorr |
0.79 | GILD | Gilead Sciences | PairCorr |
0.68 | EWTX | Edgewise Therapeutics | PairCorr |
0.65 | VTRS | Viatris | PairCorr |
The ability to find closely correlated positions to NLS Pharmaceutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NLS Pharmaceutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NLS Pharmaceutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NLS Pharmaceutics AG to buy it.
The correlation of NLS Pharmaceutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NLS Pharmaceutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NLS Pharmaceutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NLS Pharmaceutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NLS Stock Analysis
When running NLS Pharmaceutics' price analysis, check to measure NLS Pharmaceutics' 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 NLS Pharmaceutics is operating at the current time. Most of NLS Pharmaceutics' value examination focuses on studying past and present price action to predict the probability of NLS Pharmaceutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLS Pharmaceutics' price. Additionally, you may evaluate how the addition of NLS Pharmaceutics to your portfolios can decrease your overall portfolio volatility.