Nurix Net Debt vs Total Liab Analysis

NRIX Stock  USD 21.82  0.23  1.04%   
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 Net Debt and its Total Liab 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.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix Therapeutics Net Debt account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nurix Therapeutics' Net Debt and Total Liab is -0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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' Net Debt 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 Net Debt of Nurix Therapeutics 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 Net Debt i.e., Nurix Therapeutics' Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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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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