Nyxoah Inventory Turnover vs Ev To Sales Analysis

NYXH Stock  USD 6.10  0.09  1.50%   
Nyxoah financial indicator trend analysis is infinitely more than just investigating Nyxoah recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nyxoah is a good investment. Please check the relationship between Nyxoah Inventory Turnover and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.

Inventory Turnover vs Ev To Sales

Inventory Turnover vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Inventory Turnover account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Nyxoah's Inventory Turnover and Ev To Sales is -0.77. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Inventory Turnover and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Nyxoah are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Inventory Turnover i.e., Nyxoah's Inventory Turnover and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Nyxoah's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nyxoah 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 Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.As of now, Nyxoah's Tax Provision is increasing as compared to previous years. The Nyxoah's current Enterprise Value is estimated to increase to about 309.6 M, while Selling General Administrative is projected to decrease to under 14 M.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization1.9M2.4M764K1.1M
Interest Income6.8M2.0M2.5M1.6M

Nyxoah fundamental ratios Correlations

0.860.690.851.00.960.94-0.58-0.790.830.70.910.30.950.730.970.860.70.680.730.690.780.970.811.00.17
0.860.840.890.810.870.92-0.28-0.890.870.430.910.250.880.970.750.930.850.70.870.840.820.930.890.84-0.17
0.690.840.950.640.840.75-0.07-0.950.720.280.760.120.840.840.580.740.820.680.990.950.880.770.980.67-0.37
0.850.890.950.820.960.9-0.2-0.980.860.390.90.30.960.820.750.860.870.790.950.940.960.910.990.84-0.24
1.00.810.640.820.940.91-0.64-0.740.790.740.880.280.930.660.980.830.640.640.690.630.740.950.771.00.25
0.960.870.840.960.940.94-0.42-0.910.860.580.930.350.990.750.890.860.780.740.860.840.910.960.920.950.0
0.940.920.750.90.910.94-0.34-0.890.950.470.990.520.950.810.820.930.840.760.780.820.890.990.850.92-0.04
-0.58-0.28-0.07-0.2-0.64-0.42-0.340.09-0.21-0.98-0.240.08-0.4-0.13-0.75-0.360.060.15-0.160.0-0.06-0.4-0.18-0.62-0.76
-0.79-0.89-0.95-0.98-0.74-0.91-0.890.09-0.88-0.28-0.9-0.39-0.92-0.85-0.64-0.85-0.91-0.77-0.95-0.98-0.98-0.88-0.98-0.760.36
0.830.870.720.860.790.860.95-0.21-0.880.350.950.640.870.790.670.930.90.690.750.850.910.920.820.8-0.22
0.70.430.280.390.740.580.47-0.98-0.280.350.38-0.040.560.280.830.490.1-0.020.360.210.240.540.380.730.66
0.910.910.760.90.880.930.99-0.24-0.90.950.380.520.930.820.780.910.880.830.780.830.910.980.860.89-0.14
0.30.250.120.30.280.350.520.08-0.390.64-0.040.520.350.140.130.420.410.290.150.420.520.410.240.28-0.12
0.950.880.840.960.930.990.95-0.4-0.920.870.560.930.350.760.880.90.780.740.870.850.910.960.930.940.0
0.730.970.840.820.660.750.81-0.13-0.850.790.280.820.140.760.60.850.860.650.860.820.760.830.850.7-0.33
0.970.750.580.750.980.890.82-0.75-0.640.670.830.780.130.880.60.750.510.530.630.530.620.880.70.980.36
0.860.930.740.860.830.860.93-0.36-0.850.930.490.910.420.90.850.750.80.610.810.810.820.910.840.84-0.08
0.70.850.820.870.640.780.840.06-0.910.90.10.880.410.780.860.510.80.790.80.880.910.830.850.66-0.53
0.680.70.680.790.640.740.760.15-0.770.69-0.020.830.290.740.650.530.610.790.630.680.790.770.720.66-0.37
0.730.870.990.950.690.860.78-0.16-0.950.750.360.780.150.870.860.630.810.80.630.950.880.790.990.71-0.28
0.690.840.950.940.630.840.820.0-0.980.850.210.830.420.850.820.530.810.880.680.950.960.80.960.66-0.4
0.780.820.880.960.740.910.89-0.06-0.980.910.240.910.520.910.760.620.820.910.790.880.960.880.930.75-0.35
0.970.930.770.910.950.960.99-0.4-0.880.920.540.980.410.960.830.880.910.830.770.790.80.880.870.96-0.03
0.810.890.980.990.770.920.85-0.18-0.980.820.380.860.240.930.850.70.840.850.720.990.960.930.870.79-0.26
1.00.840.670.841.00.950.92-0.62-0.760.80.730.890.280.940.70.980.840.660.660.710.660.750.960.790.22
0.17-0.17-0.37-0.240.250.0-0.04-0.760.36-0.220.66-0.14-0.120.0-0.330.36-0.08-0.53-0.37-0.28-0.4-0.35-0.03-0.260.22
Click cells to compare fundamentals

Nyxoah Account Relationship Matchups

Nyxoah fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets114.1M170.8M146.1M124.2M158.4M104.2M
Short Long Term Debt Total11.5M11.7M11.9M12.7M22.7M12.4M
Other Current Liab4.5M5.2M8.3M7.1M21.6M22.7M
Total Current Liabilities6.4M11.6M14.9M14.4M21.5M22.6M
Total Stockholder Equity97.2M148.6M120.3M98.1M113.3M82.0M
Net Tangible Assets10.5M667K96.6M148.1M170.3M178.8M
Property Plant And Equipment Net4.0M5.2M5.6M8.0M8.2M4.6M
Net Debt(80.8M)(123.8M)(6.0M)(8.9M)(11.5M)(12.1M)
Retained Earnings(60.3M)(87.2M)(118.2M)(160.8M)(217.7M)(206.8M)
Accounts Payable815K2.4M1.9M4.1M3.7M2.1M
Cash92.3M135.5M17.9M21.6M34.2M46.0M
Non Current Assets Total20.0M30.8M45.8M55.8M60.3M30.4M
Non Currrent Assets Other(1K)164K173K47.3M1.7M1.6M
Other Assets97K5.5M15.4M25.0M28.7M30.2M
Long Term Debt7.6M7.8M8.2M8.4M18.7M9.4M
Cash And Short Term Investments92.3M135.5M94.9M57.7M85.6M68.6M
Net Receivables1.6M2.5M1.8M2.8M3.4M2.1M
Common Stock Shares Outstanding18.1M23.8M25.8M28.0M32.7M26.3M
Liabilities And Stockholders Equity114.1M170.8M146.1M124.2M158.4M104.2M
Non Current Liabilities Total10.5M10.6M10.8M11.7M23.6M24.8M
Capital Lease Obligations3.3M3.3M3.3M4.0M3.7M2.6M
Other Current Assets109K1.7M2.7M4.5M4.4M4.7M
Other Stockholder Equity153.6M231.2M233.9M253.9M314.3M180.9M
Total Liab16.9M22.2M25.7M26.1M45.2M47.4M
Net Invested Capital105.4M157.0M128.9M106.8M132.2M91.8M
Short Long Term Debt616K554K388K364K248K323.2K
Total Current Assets94.1M140.1M100.3M68.4M98.1M73.8M
Accumulated Other Comprehensive Income149K202K176K137K10.2M10.7M
Net Working Capital87.7M128.5M85.3M53.9M76.6M63.4M
Short Term Debt1.1M1.1M1.1M1.2M1.4M1.0M
Common Stock3.8M4.4M4.4M4.9M6.4M4.3M
Property Plant Equipment1.4M4.0M5.2M5.6M6.5M6.8M
Capital Stock3.8M4.4M4.4M4.9M6.4M4.6M
Property Plant And Equipment Gross5.0M5.2M5.6M12.0M13.9M8.1M
Intangible Assets15.9M25.3M40.0M465K50.4M25.2M

Currently Active Assets on Macroaxis

When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah'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 Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Equipment & Supplies 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 Nyxoah. If investors know Nyxoah 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 Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.05)
Revenue Per Share
0.138
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.26)
Return On Equity
(0.56)
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah'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 Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah'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 Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah'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.