NXGLW Stock | | | USD 0.46 0.02 3.54% |
NexGel Warrant financial indicator trend analysis is infinitely more than just investigating NexGel Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexGel Warrant is a good investment. Please check the relationship between NexGel Warrant Non Current Liabilities Total and its Depreciation And Amortization accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Non Current Liabilities Total vs Depreciation And Amortization
Non Current Liabilities Total vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexGel Warrant Non Current Liabilities Total account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NexGel Warrant's Non Current Liabilities Total and Depreciation And Amortization is -0.17. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of NexGel Warrant, assuming nothing else is changed. The correlation between historical values of NexGel Warrant's Non Current Liabilities Total and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of NexGel Warrant are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Liabilities Total i.e., NexGel Warrant's Non Current Liabilities Total and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from NexGel Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexGel Warrant 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 NexGel Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy NexGel Stock please use our
How to Invest in NexGel Warrant guide.
Selling General Administrative is likely to drop to about 2.6
M in 2024.
Issuance Of Capital Stock is likely to drop to about 7.9
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 1.6M | 2.0M | 4.1M | 2.1M | Depreciation And Amortization | 113K | 301K | 443K | 266.2K |
NexGel Warrant fundamental ratios Correlations
Click cells to compare fundamentals
NexGel Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexGel Warrant fundamental ratios Accounts
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