Nexgel Historical Balance Sheet
NXGL Stock | USD 3.37 0.05 1.51% |
Trend analysis of Nexgel Inc balance sheet accounts such as Total Stockholder Equity of 3.7 M provides information on Nexgel's total assets, liabilities, and equity, which is the actual value of Nexgel Inc to its prevalent stockholders. By breaking down trends over time using Nexgel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Nexgel Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nexgel Inc is a good buy for the upcoming year.
Nexgel Inventory |
|
Nexgel |
About Nexgel Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Nexgel Inc at a specified time, usually calculated after every quarter, six months, or one year. Nexgel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nexgel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nexgel currently owns. An asset can also be divided into two categories, current and non-current.
Nexgel Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Nexgel 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 Inc 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.Total Current Liabilities
Total Current Liabilities is an item on Nexgel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nexgel Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Nexgel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nexgel Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Nexgel's Non Current Liabilities Total is quite stable compared to the past year. Inventory is expected to rise to about 1.4 M this year, although the value of Total Current Liabilities will most likely fall to about 1.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 380K | 113K | 738K | 774.9K | Total Assets | 17.0M | 10.4M | 10.0M | 6.1M |
Nexgel balance sheet Correlations
Click cells to compare fundamentals
Nexgel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexgel balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9M | 2.3M | 17.0M | 10.4M | 10.0M | 6.1M | |
Other Current Liab | 69K | 213K | 380K | 113K | 738K | 774.9K | |
Total Current Liabilities | 800K | 1.3M | 2.9M | 859K | 2.5M | 1.3M | |
Total Stockholder Equity | 380K | 71K | 12.1M | 7.6M | 4.7M | 3.7M | |
Property Plant And Equipment Net | 1.2M | 1.4M | 2.6M | 2.5M | 3.4M | 1.7M | |
Accounts Payable | 510K | 658K | 254K | 265K | 1.2M | 1.3M | |
Non Current Assets Total | 1.4M | 1.9M | 3.1M | 2.9M | 4.9M | 5.1M | |
Net Receivables | 102K | 73K | 209K | 222K | 633K | 664.7K | |
Common Stock Shares Outstanding | 13.6M | 104.3M | 5.6M | 5.6M | 5.7M | 5.4M | |
Liabilities And Stockholders Equity | 1.9M | 2.3M | 17.0M | 10.4M | 10.0M | 6.1M | |
Non Current Liabilities Total | 710K | 854K | 2.0M | 1.9M | 2.2M | 2.4M | |
Inventory | 113K | 233K | 291K | 502K | 1.3M | 1.4M | |
Total Liab | 1.5M | 2.2M | 4.9M | 2.7M | 4.8M | 5.0M | |
Total Current Assets | 513K | 363K | 13.9M | 7.5M | 5.1M | 3.9M | |
Common Stock | 281K | 57K | 99K | 6K | 5.4K | 5.1K | |
Net Tangible Assets | 380K | (287K) | 11.7M | 7.3M | 8.4M | 8.8M | |
Property Plant Equipment | 1.2M | 1.4M | 2.6M | 2.5M | 2.8M | 1.5M | |
Net Invested Capital | 380K | 543K | 14.4M | 7.9M | 5.5M | 5.3M | |
Net Working Capital | (287K) | (969K) | 11.0M | 6.6M | 2.5M | 3.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 Nexgel. If investors know Nexgel 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 Nexgel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.59) | Revenue Per Share 0.846 | Quarterly Revenue Growth 0.234 | Return On Assets (0.23) | Return On Equity (0.64) |
The market value of Nexgel Inc is measured differently than its book value, which is the value of Nexgel that is recorded on the company's balance sheet. Investors also form their own opinion of Nexgel's value that differs from its market value or its book value, called intrinsic value, which is Nexgel'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 Nexgel's market value can be influenced by many factors that don't directly affect Nexgel'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 Nexgel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexgel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexgel'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.