NRx Total Assets vs Short 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 Total Assets and its Short 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRx Pharmaceuticals Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NRx Pharmaceuticals' Total Assets and Short Long Term Debt is -0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short 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' Total Assets and Short 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 Total Assets of NRx Pharmaceuticals are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., NRx Pharmaceuticals' Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of NRx Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NRx Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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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