NervGen Pharma Total Debt vs. Number Of Employees
| NGENF Stock | USD 1.85 0.06 3.35% |
For NervGen Pharma profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NervGen Pharma to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NervGen Pharma Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NervGen Pharma's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NervGen Pharma Corp over time as well as its relative position and ranking within its peers.
NervGen |
NervGen Pharma Corp Number Of Employees vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NervGen Pharma's current stock value. Our valuation model uses many indicators to compare NervGen Pharma value to that of its competitors to determine the firm's financial worth. NervGen Pharma Corp is rated top company in total debt category among its peers. It also is considered to be number one stock in number of employees category among its peers . The ratio of Total Debt to Number Of Employees for NervGen Pharma Corp is about 81,172 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NervGen Pharma's earnings, one of the primary drivers of an investment's value.NervGen Total Debt vs. Competition
NervGen Pharma Corp is rated top company in total debt category among its peers. Total debt of Biotechnology industry is now estimated at about 771,690. NervGen Pharma totals roughly 324,690 in total debt claiming about 42% of stocks in Biotechnology industry.
NervGen Number Of Employees vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
NervGen Pharma |
| = | 324.69 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
NervGen Pharma |
| = | 4 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
NervGen Number Of Employees vs Competition
NervGen Pharma Corp is considered to be number one stock in number of employees category among its peers. The total workforce of Biotechnology industry is now estimated at about 21.0. NervGen Pharma retains roughly 4.0 in number of employees claiming about 19% of stocks in Biotechnology industry.
NervGen Pharma Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NervGen Pharma, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NervGen Pharma will eventually generate negative long term returns. The profitability progress is the general direction of NervGen Pharma's change in net profit over the period of time. It can combine multiple indicators of NervGen Pharma, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
NervGen Pharma Corp., together with its subsidiaries, engages in the discovery, development, and commercialization of pharmaceutical treatments for medical conditions related to nervous system damage. NervGen Pharma Corp. was incorporated in 2017 and is based in Vancouver, Canada. NERVGEN PHARMA operates under Biotechnology classification in the United States and is traded on OTC Exchange.
NervGen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NervGen Pharma. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NervGen Pharma position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NervGen Pharma's important profitability drivers and their relationship over time.
Use NervGen Pharma in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NervGen Pharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NervGen Pharma will appreciate offsetting losses from the drop in the long position's value.NervGen Pharma Pair Trading
NervGen Pharma Corp Pair Trading Analysis
The ability to find closely correlated positions to NervGen Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NervGen Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NervGen Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NervGen Pharma Corp to buy it.
The correlation of NervGen Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NervGen Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NervGen Pharma Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NervGen Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your NervGen Pharma position
In addition to having NervGen Pharma in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aluminum Thematic Idea Now
Aluminum
Companies involved in production of aluminum. The Aluminum theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in NervGen OTC Stock
To fully project NervGen Pharma's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NervGen Pharma Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NervGen Pharma's income statement, its balance sheet, and the statement of cash flows.