Pyxis Retained Earnings vs Net Debt Analysis
PYXS Stock | USD 1.90 0.20 9.52% |
Pyxis Oncology financial indicator trend analysis is much more than just breaking down Pyxis Oncology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyxis Oncology is a good investment. Please check the relationship between Pyxis Oncology Retained Earnings and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Oncology. 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 information on how to buy Pyxis Stock please use our How to Invest in Pyxis Oncology guide.
Retained Earnings vs Net Debt
Retained Earnings vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyxis Oncology Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pyxis Oncology's Retained Earnings and Net Debt is 0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Pyxis Oncology, assuming nothing else is changed. The correlation between historical values of Pyxis Oncology's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Pyxis Oncology are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Pyxis Oncology's Retained Earnings and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Pyxis Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyxis Oncology 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Oncology. 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 information on how to buy Pyxis Stock please use our How to Invest in Pyxis Oncology guide.Selling General Administrative is likely to drop to about 20.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 5.8 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 23K | 2.8M | 6.9M | 7.3M | Net Interest Income | 23K | 2.8M | 6.9M | 7.3M |
Pyxis Oncology fundamental ratios Correlations
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Pyxis Oncology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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