NexGel Total Assets vs Other Current Liab Analysis

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 Total Assets and its Other Current Liab 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.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexGel Warrant Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NexGel Warrant's Total Assets and Other Current Liab is 0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab 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 NexGel Warrant are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., NexGel Warrant's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of NexGel Warrant 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 NexGel Warrant 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.

Other Current Liab

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 Revenue1.6M2.0M4.1M2.1M
Depreciation And Amortization113K301K443K266.2K

NexGel Warrant fundamental ratios Correlations

0.430.880.980.890.370.71-0.950.55-0.10.850.490.440.850.98-0.680.99-0.79-0.280.950.970.76-0.77-0.740.860.95
0.430.60.330.560.820.84-0.470.91-0.130.670.910.840.740.34-0.390.4-0.46-0.890.30.590.43-0.21-0.750.40.33
0.880.60.770.880.610.77-0.750.630.150.830.580.510.90.82-0.730.82-0.8-0.390.720.920.82-0.7-0.70.80.75
0.980.330.770.790.210.61-0.940.44-0.20.770.380.340.760.99-0.580.99-0.7-0.190.990.930.72-0.8-0.660.870.98
0.890.560.880.790.630.85-0.880.720.020.910.70.570.880.79-0.710.81-0.86-0.430.730.850.61-0.46-0.860.60.7
0.370.820.610.210.630.88-0.420.90.210.770.910.820.790.25-0.680.3-0.73-0.870.180.490.430.02-0.790.20.21
0.710.840.770.610.850.88-0.780.960.010.950.950.830.950.62-0.720.67-0.85-0.830.580.780.6-0.29-0.960.510.59
-0.95-0.47-0.75-0.94-0.88-0.42-0.78-0.640.19-0.89-0.61-0.57-0.84-0.930.68-0.940.790.4-0.93-0.9-0.630.580.85-0.72-0.89
0.550.910.630.440.720.90.96-0.64-0.140.850.990.90.840.44-0.60.5-0.7-0.920.410.640.41-0.13-0.920.360.42
-0.1-0.130.15-0.20.020.210.010.19-0.140.04-0.08-0.170.08-0.14-0.28-0.14-0.20.11-0.22-0.070.380.140.06-0.13-0.16
0.850.670.830.770.910.770.95-0.890.850.040.820.750.980.78-0.850.82-0.95-0.670.750.870.71-0.43-0.950.630.75
0.490.910.580.380.70.910.95-0.610.99-0.080.820.910.810.38-0.570.44-0.67-0.920.350.580.37-0.04-0.920.280.35
0.440.840.510.340.570.820.83-0.570.9-0.170.750.910.730.35-0.640.41-0.6-0.850.330.530.29-0.02-0.850.240.33
0.850.740.90.760.880.790.95-0.840.840.080.980.810.730.78-0.820.82-0.91-0.690.740.910.79-0.53-0.90.710.76
0.980.340.820.990.790.250.62-0.930.44-0.140.780.380.350.78-0.631.0-0.72-0.20.990.950.77-0.83-0.650.90.98
-0.68-0.39-0.73-0.58-0.71-0.68-0.720.68-0.6-0.28-0.85-0.57-0.64-0.82-0.63-0.650.930.45-0.58-0.69-0.650.330.73-0.48-0.59
0.990.40.820.990.810.30.67-0.940.5-0.140.820.440.410.821.0-0.65-0.75-0.270.990.960.79-0.81-0.70.90.99
-0.79-0.46-0.8-0.7-0.86-0.73-0.850.79-0.7-0.2-0.95-0.67-0.6-0.91-0.720.93-0.750.52-0.68-0.78-0.690.390.83-0.56-0.69
-0.28-0.89-0.39-0.19-0.43-0.87-0.830.4-0.920.11-0.67-0.92-0.85-0.69-0.20.45-0.270.52-0.19-0.43-0.32-0.020.75-0.21-0.23
0.950.30.720.990.730.180.58-0.930.41-0.220.750.350.330.740.99-0.580.99-0.68-0.190.910.72-0.81-0.630.880.99
0.970.590.920.930.850.490.78-0.90.64-0.070.870.580.530.910.95-0.690.96-0.78-0.430.910.84-0.8-0.760.910.93
0.760.430.820.720.610.430.6-0.630.410.380.710.370.290.790.77-0.650.79-0.69-0.320.720.84-0.76-0.510.840.79
-0.77-0.21-0.7-0.8-0.460.02-0.290.58-0.130.14-0.43-0.04-0.02-0.53-0.830.33-0.810.39-0.02-0.81-0.8-0.760.22-0.97-0.85
-0.74-0.75-0.7-0.66-0.86-0.79-0.960.85-0.920.06-0.95-0.92-0.85-0.9-0.650.73-0.70.830.75-0.63-0.76-0.510.22-0.44-0.61
0.860.40.80.870.60.20.51-0.720.36-0.130.630.280.240.710.9-0.480.9-0.56-0.210.880.910.84-0.97-0.440.92
0.950.330.750.980.70.210.59-0.890.42-0.160.750.350.330.760.98-0.590.99-0.69-0.230.990.930.79-0.85-0.610.92
Click cells to compare fundamentals

NexGel Warrant Account Relationship Matchups

NexGel Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.3M17.0M10.4M10.0M6.1M
Other Current Liab69K213K380K113K738K774.9K
Total Current Liabilities800K1.3M2.9M859K2.5M1.3M
Total Stockholder Equity380K71K12.1M7.6M4.7M3.7M
Property Plant And Equipment Net1.2M1.4M2.6M2.5M3.4M1.7M
Accounts Payable510K658K254K265K1.2M1.3M
Non Current Assets Total1.4M1.9M3.1M2.9M4.9M5.1M
Net Receivables102K73K209K222K633K664.7K
Common Stock Shares Outstanding13.6M104.3M5.6M5.6M5.7M5.4M
Liabilities And Stockholders Equity1.9M2.3M17.0M10.4M10.0M6.1M
Non Current Liabilities Total710K854K2.0M1.9M2.2M2.4M
Inventory113K233K291K502K1.3M1.4M
Total Liab1.5M2.2M4.9M2.7M4.8M5.0M
Total Current Assets513K363K13.9M7.5M5.1M3.9M
Common Stock281K57K99K6K5.4K5.1K
Net Invested Capital380K543K14.4M7.9M5.5M5.3M
Net Working Capital(287K)(969K)11.0M6.6M2.5M3.5M

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When running NexGel Warrant's price analysis, check to measure NexGel Warrant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.