Nyxoah Revenue vs. Gross Profit

NYXH Stock  USD 8.26  0.13  1.55%   
Considering the key profitability indicators obtained from Nyxoah's historical financial statements, Nyxoah may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Nyxoah's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2010-12-31
Previous Quarter
4.3 M
Current Value
4.6 M
Quarterly Volatility
1.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
The current Price To Sales Ratio is estimated to decrease to 25.65. The current Days Sales Outstanding is estimated to decrease to 219.95. As of now, Nyxoah's Accumulated Other Comprehensive Income is increasing as compared to previous years. The Nyxoah's current Net Interest Income is estimated to increase to about 1.1 M, while Interest Income is projected to decrease to under 1.4 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.490.6191
Significantly Down
Pretty Stable
For Nyxoah profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nyxoah to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nyxoah utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nyxoah's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nyxoah over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
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
(1.81)
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.

Nyxoah Gross Profit vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nyxoah's current stock value. Our valuation model uses many indicators to compare Nyxoah value to that of its competitors to determine the firm's financial worth.
Nyxoah is rated below average in revenue category among its peers. It also is rated below average in gross profit category among its peers fabricating about  0.44  of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Nyxoah is roughly  2.25 . As of now, Nyxoah's Total Revenue is increasing as compared to previous years. 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 Nyxoah's earnings, one of the primary drivers of an investment's value.

Nyxoah Revenue vs. Competition

Nyxoah is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 2.15 Billion. Nyxoah adds roughly 4.35 Million in revenue claiming only tiny portion of equities under Health Care industry.

Nyxoah Gross Profit vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Nyxoah

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
4.35 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Nyxoah

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.93 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Nyxoah Gross Profit Comparison

Nyxoah is currently under evaluation in gross profit category among its peers.

Nyxoah Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nyxoah, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nyxoah will eventually generate negative long term returns. The profitability progress is the general direction of Nyxoah's change in net profit over the period of time. It can combine multiple indicators of Nyxoah, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income137 K152.9 K
Net Interest Income1.1 M1.1 M
Interest IncomeM1.4 M
Operating Income-45.1 M-42.8 M
Net Loss-45.6 M-43.3 M
Income Before Tax-44.7 M-42.4 M
Total Other Income Expense Net445 K428.1 K
Net Loss-28.1 M-26.7 M
Net Loss-44.7 M-42.4 M
Income Tax Expense-1.4 M-1.4 M
Change To NetincomeMM
Net Loss(1.55)(1.62)
Income Quality 1.00  0.70 
Net Income Per E B T 0.97  0.82 

Nyxoah Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nyxoah. 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 Nyxoah 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 Nyxoah's important profitability drivers and their relationship over time.

Use Nyxoah 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 Nyxoah 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 Nyxoah will appreciate offsetting losses from the drop in the long position's value.

Nyxoah Pair Trading

Nyxoah Pair Trading Analysis

The ability to find closely correlated positions to Nyxoah could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nyxoah 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 Nyxoah - 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 Nyxoah to buy it.
The correlation of Nyxoah 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 Nyxoah moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nyxoah 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 Nyxoah 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Nyxoah position

In addition to having Nyxoah 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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Food Products
Food Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 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 Food Products Theme or any other thematic opportunities.
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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.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project Nyxoah's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nyxoah 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 Nyxoah's income statement, its balance sheet, and the statement of cash flows.
Potential Nyxoah investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nyxoah investors may work on each financial statement separately, they are all related. The changes in Nyxoah's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nyxoah's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.