NRx Other Current Liab vs Long Term Debt Analysis

NRXPW Stock  USD 0.05  0  1.96%   
NRx Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating NRx Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NRx Pharmaceuticals is a good investment. Please check the relationship between NRx Pharmaceuticals Other Current Liab and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRx Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy NRx Stock please use our How to Invest in NRx Pharmaceuticals guide.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRx Pharmaceuticals Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NRx Pharmaceuticals' Other Current Liab and Long Term Debt is -0.05. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of NRx Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of NRx Pharmaceuticals' Other Current Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of NRx Pharmaceuticals are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., NRx Pharmaceuticals' Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Long Term Debt

Long-term debt is a debt that NRx Pharmaceuticals has held for over one year. Long-term debt appears on NRx Pharmaceuticals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NRx Pharmaceuticals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from NRx Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NRx Pharmaceuticals 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 NRx Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy NRx Stock please use our How to Invest in NRx Pharmaceuticals guide.Selling General Administrative is likely to climb to about 28.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses94.4M44.4M27.6M32.9M
Cost Of Revenue2K4K5K4.8K

NRx Pharmaceuticals fundamental ratios Correlations

-0.6-0.830.980.080.83-0.88-0.460.96-0.6-0.460.88-0.520.97-0.47-0.79-0.84-0.490.97-0.680.130.58-0.660.7-0.590.58
-0.60.59-0.620.02-0.090.340.0-0.5-0.050.0-0.270.23-0.51-0.030.050.610.01-0.530.00.360.06-0.050.06-0.060.06
-0.830.59-0.91-0.11-0.60.770.32-0.790.30.32-0.810.59-0.780.320.491.00.34-0.780.37-0.2-0.270.4-0.40.31-0.27
0.98-0.62-0.910.090.79-0.87-0.430.94-0.52-0.430.89-0.560.94-0.45-0.72-0.92-0.460.94-0.610.150.51-0.60.63-0.520.51
0.080.02-0.110.090.27-0.33-0.840.320.28-0.840.36-0.710.31-0.53-0.31-0.11-0.820.310.130.07-0.33-0.440.40.33-0.33
0.83-0.09-0.60.790.27-0.88-0.710.9-0.68-0.710.94-0.620.9-0.73-0.99-0.61-0.740.89-0.850.30.66-0.930.96-0.690.66
-0.880.340.77-0.87-0.33-0.880.61-0.910.530.61-0.920.58-0.910.490.830.760.64-0.90.58-0.4-0.470.83-0.80.65-0.47
-0.460.00.32-0.43-0.84-0.710.61-0.680.141.0-0.710.84-0.670.840.750.321.0-0.670.42-0.1-0.130.8-0.810.07-0.13
0.96-0.5-0.790.940.320.9-0.91-0.68-0.52-0.680.94-0.71.0-0.65-0.87-0.8-0.711.0-0.690.120.5-0.790.82-0.50.5
-0.6-0.050.3-0.520.28-0.680.530.14-0.520.14-0.55-0.05-0.520.170.670.290.16-0.510.7-0.47-0.870.55-0.620.87-0.87
-0.460.00.32-0.43-0.84-0.710.611.0-0.680.14-0.710.84-0.670.840.750.321.0-0.670.42-0.1-0.130.8-0.810.07-0.13
0.88-0.27-0.810.890.360.94-0.92-0.710.94-0.55-0.71-0.730.94-0.68-0.89-0.82-0.740.93-0.690.330.52-0.820.85-0.530.52
-0.520.230.59-0.56-0.71-0.620.580.84-0.7-0.050.84-0.73-0.680.870.60.60.86-0.680.40.160.10.64-0.61-0.10.1
0.97-0.51-0.780.940.310.9-0.91-0.671.0-0.52-0.670.94-0.68-0.64-0.87-0.79-0.71.0-0.690.110.5-0.780.81-0.510.5
-0.47-0.030.32-0.45-0.53-0.730.490.84-0.650.170.84-0.680.87-0.640.760.340.86-0.640.70.23-0.150.78-0.790.13-0.15
-0.790.050.49-0.72-0.31-0.990.830.75-0.870.670.75-0.890.6-0.870.760.50.78-0.860.86-0.26-0.670.94-0.990.66-0.67
-0.840.611.0-0.92-0.11-0.610.760.32-0.80.290.32-0.820.6-0.790.340.50.35-0.790.39-0.16-0.270.4-0.410.3-0.27
-0.490.010.34-0.46-0.82-0.740.641.0-0.710.161.0-0.740.86-0.70.860.780.35-0.70.46-0.09-0.150.82-0.830.1-0.15
0.97-0.53-0.780.940.310.89-0.9-0.671.0-0.51-0.670.93-0.681.0-0.64-0.86-0.79-0.7-0.680.10.49-0.780.81-0.50.49
-0.680.00.37-0.610.13-0.850.580.42-0.690.70.42-0.690.4-0.690.70.860.390.46-0.680.02-0.70.76-0.810.7-0.7
0.130.36-0.20.150.070.3-0.4-0.10.12-0.47-0.10.330.160.110.23-0.26-0.16-0.090.10.020.48-0.230.28-0.490.48
0.580.06-0.270.51-0.330.66-0.47-0.130.5-0.87-0.130.520.10.5-0.15-0.67-0.27-0.150.49-0.70.48-0.450.61-0.81.0
-0.66-0.050.4-0.6-0.44-0.930.830.8-0.790.550.8-0.820.64-0.780.780.940.40.82-0.780.76-0.23-0.45-0.960.62-0.45
0.70.06-0.40.630.40.96-0.8-0.810.82-0.62-0.810.85-0.610.81-0.79-0.99-0.41-0.830.81-0.810.280.61-0.96-0.620.61
-0.59-0.060.31-0.520.33-0.690.650.07-0.50.870.07-0.53-0.1-0.510.130.660.30.1-0.50.7-0.49-0.80.62-0.62-0.8
0.580.06-0.270.51-0.330.66-0.47-0.130.5-0.87-0.130.520.10.5-0.15-0.67-0.27-0.150.49-0.70.481.0-0.450.61-0.8
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NRx Pharmaceuticals Account Relationship Matchups

NRx Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.1M2.9M32.7M25.8M7.3M6.9M
Total Current Liabilities622.4K46.2M11.9M16.6M19.0M14.9M
Total Stockholder Equity29.5M(43.8M)20.8M7.4M(11.7M)(11.1M)
Net Debt2.0M(1.1M)(27.1M)(9.5M)4.6M4.8M
Retained Earnings369.5K(90.2M)(183.2M)(223.1M)(253.1M)(240.5M)
Accounts Payable622.4K3.2M3.7M2.1M4.6M2.3M
Cash6.01.9M27.6M20.1M4.6M8.6M
Non Current Assets Total32.0M11K15K21K431K409.5K
Non Currrent Assets Other1.011K15K21K431K452.6K
Cash And Short Term Investments6.01.9M27.6M20.1M4.6M8.6M
Common Stock Shares Outstanding508.8K34.3M46.9M65.8M7.6M7.2M
Liabilities And Stockholders Equity32.1M2.9M32.7M25.8M7.3M6.9M
Other Current Assets69.5K240K5.1M11.5M2.3M3.0M
Other Stockholder Equity29.1M46.4M204.0M230.3M241.3M253.4M
Total Liab2.6M46.7M11.9M18.4M19.0M15.7M
Total Current Assets69.5K2.9M32.7M25.8M6.9M10.8M
Common Stock24.5M43K59K67K84K79.8K
Short Long Term Debt Total2.0M797K518K10.5M9.2M9.6M

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