Nyxoah Other Assets vs Total Assets Analysis
NYXH Stock | USD 8.28 0.07 0.85% |
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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Other Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nyxoah's Other Assets and Total Assets is 0.92. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Nyxoah are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Nyxoah's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Assets
Total Assets
Total assets refers to the total amount of Nyxoah 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 Nyxoah 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.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.The Nyxoah's current Issuance Of Capital Stock is estimated to increase to about 32 M, while Tax Provision is forecasted to increase to (312.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 26.8M | 34.4M | 47.8M | 50.2M | Cost Of Revenue | 303K | 1.2M | 1.7M | 937.7K |
Nyxoah fundamental ratios Correlations
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Nyxoah Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nyxoah fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Short Long Term Debt Total | 8.6M | 11.5M | 11.7M | 11.9M | 12.7M | 10.6M | |
Other Current Liab | 1.7M | 4.5M | 5.2M | 8.3M | 7.1M | 4.5M | |
Total Current Liabilities | 3.6M | 6.4M | 11.6M | 14.9M | 14.4M | 8.6M | |
Total Stockholder Equity | 3.7M | 97.2M | 148.6M | 120.3M | 98.1M | 75.9M | |
Net Tangible Assets | 10.5M | 667K | 96.6M | 148.1M | 170.3M | 178.8M | |
Property Plant And Equipment Net | 1.4M | 4.0M | 5.2M | 5.6M | 8.0M | 8.4M | |
Net Debt | 2.7M | (80.8M) | (123.8M) | (6.0M) | (8.9M) | (9.4M) | |
Retained Earnings | (47.1M) | (60.3M) | (87.2M) | (118.2M) | (160.8M) | (152.8M) | |
Accounts Payable | 1.2M | 815K | 2.4M | 1.9M | 4.1M | 4.3M | |
Cash | 5.9M | 92.3M | 135.5M | 17.9M | 21.6M | 20.5M | |
Non Current Assets Total | 7.2M | 20.0M | 30.8M | 45.8M | 55.8M | 58.6M | |
Non Currrent Assets Other | 78K | (1K) | 164K | 173K | 46.2M | 48.5M | |
Other Assets | 97K | 5.5M | 15.4M | 25.0M | 28.7M | 30.2M | |
Long Term Debt | 7.1M | 7.6M | 7.8M | 8.2M | 8.4M | 7.8M | |
Cash And Short Term Investments | 5.9M | 92.3M | 135.5M | 94.9M | 57.7M | 64.9M | |
Net Receivables | 2.1M | 1.6M | 2.5M | 1.8M | 2.8M | 1.9M | |
Common Stock Shares Outstanding | 21.4M | 18.1M | 23.8M | 25.8M | 28.0M | 25.0M | |
Liabilities And Stockholders Equity | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Non Current Liabilities Total | 7.9M | 10.5M | 10.6M | 10.8M | 11.7M | 9.7M | |
Capital Lease Obligations | 1.1M | 3.3M | 3.3M | 3.3M | 4.0M | 2.4M | |
Other Current Assets | 11K | 109K | 1.7M | 2.7M | 4.5M | 4.8M | |
Other Stockholder Equity | 46.7M | 153.6M | 231.2M | 233.9M | 253.9M | 157.2M | |
Total Liab | 11.5M | 16.9M | 22.2M | 25.7M | 26.1M | 18.3M | |
Net Invested Capital | 11.2M | 105.4M | 157.0M | 128.9M | 106.8M | 84.1M | |
Short Long Term Debt | 378K | 616K | 554K | 388K | 364K | 468.9K | |
Total Current Assets | 8.0M | 94.1M | 140.1M | 100.3M | 68.4M | 69.0M | |
Accumulated Other Comprehensive Income | 207K | 149K | 202K | 176K | 137K | 152.9K | |
Net Working Capital | 4.4M | 87.7M | 128.5M | 85.3M | 53.9M | 60.4M | |
Short Term Debt | 718K | 1.1M | 1.1M | 1.1M | 1.2M | 935K | |
Property Plant Equipment | 1.4M | 4.0M | 5.2M | 5.6M | 6.5M | 6.8M |
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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 (1.82) | Revenue Per Share 0.166 | Quarterly Revenue Growth 0.297 | Return On Assets (0.23) | Return On Equity (0.50) |
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.