NurExone Short Long Term Debt vs Cash Analysis
| NRX Stock | 0.70 0.04 5.41% |
NurExone Biologic financial indicator trend analysis is infinitely more than just investigating NurExone Biologic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NurExone Biologic is a good investment. Please check the relationship between NurExone Biologic Short Long Term Debt and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NurExone Biologic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Short Long Term Debt vs Cash
Short Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NurExone Biologic Short Long Term Debt account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NurExone Biologic's Short Long Term Debt and Cash is 0.94. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of NurExone Biologic, assuming nothing else is changed. The correlation between historical values of NurExone Biologic's Short Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of NurExone Biologic are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt i.e., NurExone Biologic's Short Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Cash
Cash refers to the most liquid asset of NurExone Biologic, which is listed under current asset account on NurExone Biologic balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NurExone Biologic customers. The amounts must be unrestricted with restricted cash listed in a different NurExone Biologic account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from NurExone Biologic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NurExone Biologic 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 NurExone Biologic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 2.7 M in 2024. Issuance Of Capital Stock is likely to climb to about 1.4 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.7M | 5.5M | 3.7M | 4.0M | Research Development | 573K | 1.4M | 1.5M | 1.3M |
NurExone Biologic fundamental ratios Correlations
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NurExone Biologic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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