NLS Total Assets vs Total Liab Analysis
NLSPW Stock | USD 0.02 0.0001 0.62% |
NLS Pharmaceutics financial indicator trend analysis is infinitely more than just investigating NLS Pharmaceutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NLS Pharmaceutics is a good investment. Please check the relationship between NLS Pharmaceutics Total Assets and its Total Liab accounts. 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 american community survey.
Total Assets vs Total Liab
Total Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NLS Pharmaceutics Total Assets account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NLS Pharmaceutics' Total Assets and Total Liab is -0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of NLS Pharmaceutics AG, assuming nothing else is changed. The correlation between historical values of NLS Pharmaceutics' Total Assets and Total 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 Total Assets of NLS Pharmaceutics AG are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., NLS Pharmaceutics' Total Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from NLS Pharmaceutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 american community survey. At this time, NLS Pharmaceutics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.1 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
NLS Pharmaceutics fundamental ratios Correlations
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NLS Pharmaceutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NLS Pharmaceutics fundamental ratios 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) | |
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 | |
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 | 925.4K | 971.7K | |
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) | |
Net Receivables | 75.4K | 61.2K | 38.6K | 41.2K | 10.7K | 10.1K | |
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 |
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