Nurix Property Plant And Equipment Gross vs Non Currrent Assets Other 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 Property Plant And Equipment Gross and its Non Currrent Assets Other 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.

Property Plant And Equipment Gross vs Non Currrent Assets Other

Property Plant And Equipment Gross vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix Therapeutics Property Plant And Equipment Gross account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nurix Therapeutics' Property Plant And Equipment Gross and Non Currrent Assets Other is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Currrent Assets Other 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' Property Plant And Equipment Gross and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Nurix Therapeutics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Gross i.e., Nurix Therapeutics' Property Plant And Equipment Gross and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

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 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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0.250.140.110.20.580.260.15-0.08-0.24-0.170.330.310.250.090.160.240.270.450.210.160.220.20.450.20.16
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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
Click cells to compare fundamentals

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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