Nurix Therapeutics Cash And Equivalents vs. Operating Margin
| NRIX Stock | USD 20.82 0.07 0.34% |
For Nurix Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nurix Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nurix Therapeutics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nurix Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nurix Therapeutics over time as well as its relative position and ranking within its peers.
Nurix |
Nurix Therapeutics' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Biotechnology 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 Nurix Therapeutics. If investors know Nurix 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 Nurix Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 0.922 | Quarterly Revenue Growth (0.32) | Return On Assets (0.29) | Return On Equity (0.58) |
The market value of Nurix Therapeutics is measured differently than its book value, which is the value of Nurix that is recorded on the company's balance sheet. Investors also form their own opinion of Nurix Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Nurix Therapeutics' 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 Nurix Therapeutics' market value can be influenced by many factors that don't directly affect Nurix Therapeutics' 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 Nurix Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nurix Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nurix Therapeutics' 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.
Nurix Therapeutics Operating Margin vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nurix Therapeutics's current stock value. Our valuation model uses many indicators to compare Nurix Therapeutics value to that of its competitors to determine the firm's financial worth. Nurix Therapeutics is rated below average in cash and equivalents category among its peers. It is rated below average in operating margin category among its peers . At this time, Nurix Therapeutics' Operating Profit Margin is fairly stable compared to the past year. 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 Nurix Therapeutics' earnings, one of the primary drivers of an investment's value.Nurix Operating Margin vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Nurix Therapeutics |
| = | 344.48 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Nurix Therapeutics |
| = | (4.34) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Nurix Operating Margin Comparison
Nurix Therapeutics is currently under evaluation in operating margin category among its peers.
Nurix Therapeutics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nurix Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nurix Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Nurix Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Nurix Therapeutics, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -589.5 K | -619 K | |
| Net Interest Income | 12.8 M | 13.4 M | |
| Interest Income | 12.8 M | 13.4 M | |
| Operating Income | -139.6 M | -146.5 M | |
| Net Loss | -129.6 M | -136 M | |
| Income Before Tax | -129.6 M | -136 M | |
| Total Other Income Expense Net | 12.8 M | 13.4 M | |
| Net Loss | -162.3 M | -154.2 M | |
| Net Loss | -129.6 M | -136 M | |
| Income Tax Expense | 15.5 M | 16.3 M | |
| Non Operating Income Net Other | 4 M | 2 M | |
| Change To Netincome | 32.6 M | 34.2 M | |
| Net Loss | (3.05) | (3.20) | |
| Income Quality | 0.65 | 1.01 | |
| Net Income Per E B T | 1.06 | 1.02 |
Nurix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nurix Therapeutics. 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 Nurix Therapeutics 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 Nurix Therapeutics' important profitability drivers and their relationship over time.
Use Nurix Therapeutics 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 Nurix Therapeutics 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 Nurix Therapeutics will appreciate offsetting losses from the drop in the long position's value.Nurix Therapeutics Pair Trading
Nurix Therapeutics Pair Trading Analysis
The ability to find closely correlated positions to Nurix Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nurix Therapeutics 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 Nurix Therapeutics - 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 Nurix Therapeutics to buy it.
The correlation of Nurix Therapeutics 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 Nurix Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nurix Therapeutics 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 Nurix Therapeutics 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 Nurix Therapeutics position
In addition to having Nurix Therapeutics 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?
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Additional Tools for Nurix Stock Analysis
When running Nurix Therapeutics' price analysis, check to measure Nurix Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nurix Therapeutics is operating at the current time. Most of Nurix Therapeutics' value examination focuses on studying past and present price action to predict the probability of Nurix Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nurix Therapeutics' price. Additionally, you may evaluate how the addition of Nurix Therapeutics to your portfolios can decrease your overall portfolio volatility.