Nurix Pretax Profit Margin vs Gross Profit Margin Analysis

NRIX Stock  USD 20.02  0.37  1.88%   
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 Pretax Profit Margin and its Gross Profit Margin 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.

Pretax Profit Margin vs Gross Profit Margin

Pretax Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix Therapeutics Pretax Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nurix Therapeutics' Pretax Profit Margin and Gross Profit Margin is 0.33. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Gross Profit Margin 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' Pretax Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Nurix Therapeutics are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Nurix Therapeutics' Pretax Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pretax Profit Margin

Gross Profit Margin

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' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 577.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 29.8 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Income11.1M19.7M22.7M23.8M
Net Interest Income11.1M19.7M22.7M23.8M

Nurix Therapeutics fundamental ratios Correlations

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0.210.040.030.230.520.37-0.060.1-0.730.030.030.540.38-0.090.150.31-0.120.090.170.170.180.090.090.23-0.06
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0.90.980.880.880.540.710.980.71-0.46-0.970.960.680.420.82-0.060.930.750.870.95-0.170.890.80.960.890.88
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Nurix Therapeutics Account Relationship Matchups

Nurix Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets476.8M416.8M355.6M669.3M769.7M808.2M
Other Current Liab10.6M16.8M24.9M38.0M43.7M45.9M
Total Current Liabilities66.3M70.7M87.0M95.9M110.2M64.9M
Total Stockholder Equity342.3M303.7M200.5M527.0M606.0M636.3M
Other Liab37.4M61.5M59.0M36.0M41.4M42.9M
Net Tangible Assets(57.7M)290.3M342.3M303.7M349.3M185.2M
Property Plant And Equipment Net25.3M29.5M48.0M45.9M52.8M55.4M
Current Deferred Revenue41.2M37.6M48.1M38.4M44.1M37.1M
Net Debt(67.5M)(52.5M)(24.0M)(81.7M)(73.5M)(77.2M)
Retained Earnings(220.9M)(401.3M)(545.2M)(738.8M)(664.9M)(631.6M)
Accounts Payable6.7M5.1M6.4M11.5M13.2M13.9M
Cash80.5M64.5M54.6M110.0M126.5M76.9M
Non Current Assets Total165.7M98.3M60.1M50.0M57.4M75.6M
Non Currrent Assets Other3.1M4.9M4.7M4.1M4.7M2.8M
Other Assets317K91.2M3.1M4.9M5.7M5.4M
Cash And Short Term Investments295.7M309.1M287.9M609.6M701.0M736.1M
Common Stock Total Equity4K39K45K47K54.1K30.4K
Common Stock Shares Outstanding42.9M48.6M54.3M67.1M77.2M44.6M
Short Term Investments215.2M244.7M233.3M499.6M574.5M603.3M
Liabilities And Stockholders Equity476.8M416.8M355.6M669.3M769.7M808.2M
Non Current Liabilities Total68.2M42.4M68.1M46.5M41.8M48.2M
Capital Surpluse2.7M393.8M563.8M709.2M815.6M856.4M
Other Current Assets9.4M9.3M7.6M9.8M11.3M7.1M
Other Stockholder Equity563.8M709.2M746.3M1.3B1.5B1.5B
Total Liab134.5M113.1M155.1M142.4M163.7M131.2M
Net Invested Capital342.3M303.7M200.5M527.0M606.0M636.3M
Property Plant And Equipment Gross25.3M29.5M74.2M80.4M92.5M97.1M
Total Current Assets311.1M318.4M295.5M619.4M712.3M747.9M
Accumulated Other Comprehensive Income(608K)(4.3M)(655K)150K135K141.8K
Capital Stock45K47K49K76K87.4K91.8K
Non Current Liabilities Other1.7M850K68.2M42.4M48.8M25.2M
Net Working Capital244.9M247.8M208.5M523.5M602.1M632.2M
Short Term Debt7.7M11.1M13.9M8.0M9.2M8.8M
Common Stock45K47K49K76K87.4K91.8K
Property Plant Equipment3.9M6.7M25.3M17.2M19.7M12.6M
Capital Lease Obligations13.0M12.0M30.6M28.3M32.5M18.5M

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