NextCure Short Term Debt vs Long Term Debt Total Analysis
NXTC Stock | USD 1.19 0.10 7.75% |
NextCure financial indicator trend analysis is infinitely more than just investigating NextCure recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextCure is a good investment. Please check the relationship between NextCure Short Term Debt and its Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.
Short Term Debt vs Long Term Debt Total
Short Term Debt vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextCure Short Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between NextCure's Short Term Debt and Long Term Debt Total is 0.74. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of NextCure, assuming nothing else is changed. The correlation between historical values of NextCure's Short Term Debt and Long Term Debt Total 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 Term Debt of NextCure are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Short Term Debt i.e., NextCure's Short Term Debt and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Long Term Debt Total
Most indicators from NextCure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextCure 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 NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 1.25, whereas Selling General Administrative is forecasted to decline to about 14.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 7.2M | 4.1M | 3.9M | 3.7M | Total Operating Expenses | 70.8M | 75.9M | 67.6M | 56.6M |
NextCure fundamental ratios Correlations
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NextCure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NextCure fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 356.2M | 306.6M | 242.4M | 184.2M | 128.0M | 217.6M | |
Short Long Term Debt Total | 587K | 5.1M | 3.5M | 7.1M | 6.6M | 4.4M | |
Other Current Liab | 5.0M | 4.8M | 4.7M | 4.3M | 3.9M | 4.2M | |
Total Current Liabilities | 15.0M | 10.3M | 6.6M | 9.1M | 6.9M | 9.6M | |
Total Stockholder Equity | 321.5M | 293.7M | 233.4M | 167.5M | 114.4M | 166.4M | |
Other Liab | 16.3M | 792K | 2.4M | 899K | 809.1K | 768.6K | |
Net Tangible Assets | 321.5M | 293.7M | 233.4M | 167.5M | 192.7M | 173.2M | |
Property Plant And Equipment Net | 12.1M | 15.8M | 14.0M | 16.9M | 13.4M | 14.7M | |
Net Debt | (29.0M) | (29.3M) | (12.3M) | (19.5M) | (6.5M) | (6.8M) | |
Retained Earnings | (81.0M) | (117.6M) | (187.0M) | (261.8M) | (324.5M) | (308.3M) | |
Accounts Payable | 1.9M | 3.9M | 1.9M | 4.3M | 2.3M | 2.8M | |
Cash | 34.1M | 32.8M | 12.3M | 26.6M | 13.1M | 12.4M | |
Non Current Assets Total | 16.2M | 18.7M | 14.6M | 20.2M | 15.3M | 16.8M | |
Non Currrent Assets Other | 750K | 1.1M | 577K | 1.7M | 1.9M | 1.0M | |
Other Assets | 436K | 4.1M | 2.9M | 577K | 3.3M | 0.0 | |
Cash And Short Term Investments | 334.6M | 283.4M | 219.6M | 159.9M | 108.3M | 196.3M | |
Common Stock Shares Outstanding | 15.7M | 27.5M | 27.6M | 27.7M | 27.8M | 23.0M | |
Short Term Investments | 300.5M | 250.7M | 207.3M | 133.3M | 95.2M | 155.1M | |
Liabilities And Stockholders Equity | 356.2M | 306.6M | 242.4M | 184.2M | 128.0M | 217.6M | |
Non Current Liabilities Total | 19.6M | 2.6M | 2.4M | 7.5M | 6.7M | 6.4M | |
Capital Surpluse | 402.5M | 410.6M | 421.0M | 430.8M | 495.4M | 305.3M | |
Capital Lease Obligations | 127K | 135K | 0.0 | 7.1M | 6.6M | 6.9M | |
Other Current Assets | 3.7M | 4.5M | 8.2M | 4.1M | 4.4M | 4.0M | |
Other Stockholder Equity | 46.4M | 410.6M | 421.0M | 430.8M | 439.1M | 275.2M | |
Total Liab | 34.7M | 12.9M | 9M | 16.6M | 13.6M | 12.9M | |
Net Invested Capital | 326.5M | 297.2M | 233.4M | 167.5M | 114.4M | 168.0M | |
Property Plant And Equipment Gross | 12.1M | 15.8M | 26.7M | 33.5M | 33.7M | 22.5M | |
Total Current Assets | 340.0M | 288.0M | 227.8M | 164.0M | 112.7M | 200.8M | |
Accumulated Other Comprehensive Income | (38K) | 779K | (663K) | (1.5M) | (222K) | (233.1K) | |
Net Working Capital | 325.0M | 277.7M | 221.2M | 154.9M | 105.8M | 191.1M | |
Short Term Debt | 514K | 1.8M | 1.7M | 518K | 656K | 1.0M | |
Property Plant Equipment | 12.1M | 15.8M | 14.0M | 11.9M | 13.7M | 13.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NextCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NextCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nextcure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextcure Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NextCure. If investors know NextCure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NextCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.10) | Quarterly Revenue Growth (1.00) | Return On Assets (0.31) | Return On Equity (0.55) |
The market value of NextCure is measured differently than its book value, which is the value of NextCure that is recorded on the company's balance sheet. Investors also form their own opinion of NextCure's value that differs from its market value or its book value, called intrinsic value, which is NextCure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NextCure's market value can be influenced by many factors that don't directly affect NextCure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NextCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextCure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.