Nyxio Tech Cash And Equivalents vs. Number Of Employees

NYXO Stock  USD 0.0001  0.00  0.00%   
Considering the key profitability indicators obtained from Nyxio Tech's historical financial statements, Nyxio Tech's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Nyxio Tech's ability to earn profits and add value for shareholders. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 953.65, while Price To Sales Ratio is likely to drop 10.29. As of the 29th of November 2024, Change To Netincome is likely to grow to about 7.9 M, though Operating Income is likely to grow to (5.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity8.974.91
Way Up
Slightly volatile
For Nyxio Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nyxio Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nyxio Tech Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nyxio Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nyxio Tech Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Consumer Electronics 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 Nyxio Tech. If investors know Nyxio 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 Nyxio Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
7.5
Revenue Per Share
0.007
Return On Assets
(155.74)
The market value of Nyxio Tech Corp is measured differently than its book value, which is the value of Nyxio that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxio Tech's value that differs from its market value or its book value, called intrinsic value, which is Nyxio Tech'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 Nyxio Tech's market value can be influenced by many factors that don't directly affect Nyxio Tech'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 Nyxio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxio Tech'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.

Nyxio Tech Corp Number Of Employees vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nyxio Tech's current stock value. Our valuation model uses many indicators to compare Nyxio Tech value to that of its competitors to determine the firm's financial worth.
Nyxio Tech Corp is rated below average in cash and equivalents category among its peers. It is regarded fifth in number of employees category among its peers . The ratio of Cash And Equivalents to Number Of Employees for Nyxio Tech Corp is about  676.00 . 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 Nyxio Tech's earnings, one of the primary drivers of an investment's value.

Nyxio Number Of Employees 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.

Nyxio Tech

Cash

 = 

Bank Deposits

+

Liquidities

 = 
3.38 K
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).
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.

Nyxio Tech

Number of Employees

 = 

Full Time

+

Part Time

 = 
5
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.

Nyxio Number Of Employees vs Competition

Nyxio Tech Corp is regarded fifth in number of employees category among its peers. The total workforce of Consumer Discretionary industry is now estimated at about 114,057. Nyxio Tech adds roughly 5.0 in number of employees claiming only tiny portion of stocks in Consumer Discretionary industry.

Nyxio Tech Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nyxio Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nyxio Tech will eventually generate negative long term returns. The profitability progress is the general direction of Nyxio Tech's change in net profit over the period of time. It can combine multiple indicators of Nyxio Tech, 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
Operating Income-5.5 M-5.2 M
Net Loss-6.5 M-6.2 M
Income Before Tax-6.5 M-6.2 M
Total Other Income Expense Net-1 M-1.1 M
Net Loss-6.5 M-6.2 M
Net Loss-6.5 M-6.2 M
Change To Netincome7.5 M7.9 M
Net Loss(159.72)(167.71)
Income Quality 0.03  0.03 

Nyxio Profitability Driver Comparison

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

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

Nyxio Tech Pair Trading

Nyxio Tech Corp Pair Trading Analysis

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

In addition to having Nyxio Tech 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.

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Housewares
Housewares Theme
Companies making housewares accessories and providing houseware services. The Housewares 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 Housewares Theme or any other thematic opportunities.
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When determining whether Nyxio Tech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxio Tech'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 Nyxio Tech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxio Tech Corp Stock:
Check out Correlation Analysis.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
To fully project Nyxio Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nyxio Tech 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 Nyxio Tech's income statement, its balance sheet, and the statement of cash flows.
Potential Nyxio Tech investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nyxio Tech investors may work on each financial statement separately, they are all related. The changes in Nyxio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nyxio Tech'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.