Nurix Cash And Short Term Investments vs Non Current Liabilities Total Analysis

NRIX Stock  USD 22.11  0.88  4.15%   
Nurix Therapeutics financial indicator trend analysis is infinitely more than just investigating Nurix Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nurix Therapeutics is a good investment. Please check the relationship between Nurix Therapeutics Cash And Short Term Investments and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nurix Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Nurix Stock please use our How to Invest in Nurix Therapeutics guide.

Cash And Short Term Investments vs Non Current Liabilities Total

Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix Therapeutics Cash And Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nurix Therapeutics' Cash And Short Term Investments and Non Current Liabilities Total is 0.24. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Nurix Therapeutics, assuming nothing else is changed. The correlation between historical values of Nurix Therapeutics' Cash And Short Term Investments and Non Current Liabilities Total 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 Nurix Therapeutics are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., Nurix Therapeutics' Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

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

Non Current Liabilities Total

Most indicators from Nurix Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nurix Therapeutics 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 Nurix Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Nurix Stock please use our How to Invest in Nurix Therapeutics guide.At this time, Nurix Therapeutics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 475.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 26.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income3.5M11.1M12.8M13.4M
Net Interest Income3.5M11.1M12.8M13.4M

Nurix Therapeutics fundamental ratios Correlations

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0.990.880.890.980.850.760.8-0.53-0.820.950.840.90.80.391.00.990.770.990.260.920.980.970.860.980.69
0.740.960.880.680.590.760.780.04-0.970.860.470.580.97-0.050.790.80.850.830.150.940.80.860.890.680.99
0.750.790.950.710.420.80.78-0.09-0.790.850.470.60.770.080.790.810.650.84-0.080.790.780.860.80.710.76
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0.940.730.670.960.870.90.580.6-0.65-0.610.830.860.660.380.890.870.60.850.250.790.910.80.670.960.48
0.790.970.890.750.610.80.970.770.0-0.980.880.490.66-0.090.830.840.890.880.090.960.870.90.860.750.93
0.410.150.060.450.530.39-0.050.08-0.890.00.130.770.38-0.090.390.34-0.130.270.160.190.240.210.10.45-0.06
0.990.910.890.970.861.00.790.79-0.52-0.840.950.840.890.830.391.00.790.990.240.940.980.970.860.970.72
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0.740.850.850.680.670.770.850.65-0.01-0.90.890.430.60.89-0.130.790.820.840.450.850.830.870.920.680.81
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0.250.140.110.20.580.260.15-0.08-0.24-0.170.330.310.250.090.160.240.270.450.210.160.220.20.450.20.16
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0.980.910.890.970.830.980.80.78-0.43-0.850.960.770.910.870.240.980.980.830.990.220.940.970.850.970.71
0.940.940.960.90.750.970.860.86-0.32-0.920.970.70.80.90.210.970.980.870.990.20.950.970.920.90.8
0.820.880.920.750.740.860.890.8-0.15-0.890.950.580.670.860.10.860.890.920.890.450.890.850.920.750.87
0.990.840.791.00.880.980.680.71-0.64-0.730.890.890.960.750.450.970.960.680.940.20.890.970.90.750.59
0.660.920.840.590.530.690.990.760.11-0.940.80.420.480.93-0.060.720.730.810.760.160.890.710.80.870.59
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Nurix Therapeutics Account Relationship Matchups

Nurix Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396.3M476.8M416.8M355.6M408.9M318.1M
Other Current Liab8.3M10.6M16.8M17.5M20.1M21.1M
Total Current Liabilities44.5M66.3M70.7M87.0M100.0M58.2M
Total Stockholder Equity290.3M342.3M303.7M200.5M230.6M191.1M
Other Liab37.4M61.5M59.0M36.0M41.4M42.9M
Net Tangible Assets(57.7M)290.3M342.3M303.7M349.3M185.2M
Property Plant And Equipment Net6.7M25.3M29.5M48.0M55.1M57.9M
Current Deferred Revenue32.8M41.2M37.6M48.1M55.3M36.3M
Net Debt(119.4M)(67.5M)(52.5M)(24.0M)(27.6M)(29.0M)
Retained Earnings(103.7M)(220.9M)(401.3M)(545.2M)(490.7M)(466.1M)
Accounts Payable3.4M6.7M5.1M6.4M7.4M4.5M
Cash119.4M80.5M64.5M54.6M62.8M69.6M
Non Current Assets Total97.9M165.7M98.3M60.1M69.1M79.1M
Non Currrent Assets Other347K3.1M4.9M4.7M5.4M5.7M
Other Assets317K91.2M3.1M4.9M5.7M5.4M
Cash And Short Term Investments281.1M295.7M309.1M287.9M331.1M229.3M
Common Stock Total Equity4K39K45K47K54.1K30.4K
Common Stock Shares Outstanding15.7M42.9M48.6M54.3M62.5M39.7M
Short Term Investments161.8M215.2M244.7M233.3M268.3M159.7M
Liabilities And Stockholders Equity396.3M476.8M416.8M355.6M408.9M318.1M
Non Current Liabilities Total61.5M68.2M42.4M68.1M61.3M50.0M
Capital Surpluse2.7M393.8M563.8M709.2M815.6M856.4M
Other Current Assets5.9M9.4M9.3M7.6M8.7M6.5M
Other Stockholder Equity393.8M563.8M709.2M746.3M858.2M434.4M
Total Liab106.1M134.5M113.1M155.1M178.4M127.0M
Net Invested Capital290.3M342.3M303.7M200.5M230.6M191.1M
Long Term Investments90.9M137.2M63.9M7.4M8.5M8.1M
Property Plant And Equipment Gross6.7M25.3M29.5M74.2M85.3M89.6M
Total Current Assets298.4M311.1M318.4M295.5M339.8M239.0M
Accumulated Other Comprehensive Income87K(608K)(4.3M)(655K)(589.5K)(619.0K)
Capital Stock39K45K47K49K56.4K34.3K
Non Current Liabilities Other1.7M850K68.2M42.4M48.8M25.2M
Net Working Capital253.9M244.9M247.8M208.5M239.8M180.8M
Short Term Debt7.6M7.7M11.1M15.0M17.2M8.9M
Common Stock39K45K47K49K56.4K34.3K
Property Plant Equipment3.9M6.7M25.3M17.2M19.7M12.6M

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Additional Tools for Nurix Stock Analysis

When running Nurix Therapeutics' price analysis, check to measure Nurix Therapeutics' 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 Nurix Therapeutics is operating at the current time. Most of Nurix Therapeutics' value examination focuses on studying past and present price action to predict the probability of Nurix Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurix Therapeutics' price. Additionally, you may evaluate how the addition of Nurix Therapeutics to your portfolios can decrease your overall portfolio volatility.