Nrx Pharmaceuticals Stock Piotroski F Score

NRXP Stock  USD 3.12  0.07  2.30%   
This module uses fundamental data of NRX Pharmaceuticals to approximate its Piotroski F score. NRX Pharmaceuticals F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of NRX Pharmaceuticals. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about NRX Pharmaceuticals financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out NRX Pharmaceuticals Altman Z Score, NRX Pharmaceuticals Correlation, NRX Pharmaceuticals Valuation, as well as analyze NRX Pharmaceuticals Alpha and Beta and NRX Pharmaceuticals Hype Analysis.
To learn how to invest in NRX Stock, please use our How to Invest in NRX Pharmaceuticals guide.
  
At this time, NRX Pharmaceuticals' Net Debt is relatively stable compared to the past year. As of 04/24/2024, Short and Long Term Debt Total is likely to grow to about 9.6 M, while Short Term Debt is likely to drop slightly above 5.1 M. At this time, NRX Pharmaceuticals' ROIC is relatively stable compared to the past year. As of 04/24/2024, Days Payables Outstanding is likely to grow to about 635.9 K, though Free Cash Flow Yield is likely to grow to (0.59).
At this time, it appears that NRX Pharmaceuticals' Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Unavailable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

NRX Pharmaceuticals Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to NRX Pharmaceuticals is to make sure NRX is not a subject of accounting manipulations and runs a healthy internal audit department. So, if NRX Pharmaceuticals' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if NRX Pharmaceuticals' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities14.9 M19 M
Significantly Down
Slightly volatile
Total Assets6.9 M7.3 M
Notably Down
Slightly volatile
Total Current Assets10.8 M6.9 M
Way Up
Slightly volatile

NRX Pharmaceuticals F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between NRX Pharmaceuticals' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards NRX Pharmaceuticals in a much-optimized way.

About NRX Pharmaceuticals Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

(1.47)

At this time, NRX Pharmaceuticals' Book Value Per Share is relatively stable compared to the past year.

About NRX Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NRX Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NRX Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NRX Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NRX Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NRX Pharmaceuticals' short interest history, or implied volatility extrapolated from NRX Pharmaceuticals options trading.

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When determining whether NRX Pharmaceuticals is a strong investment it is important to analyze NRX Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NRX Pharmaceuticals' future performance. For an informed investment choice regarding NRX Stock, refer to the following important reports:
Check out NRX Pharmaceuticals Altman Z Score, NRX Pharmaceuticals Correlation, NRX Pharmaceuticals Valuation, as well as analyze NRX Pharmaceuticals Alpha and Beta and NRX Pharmaceuticals Hype Analysis.
To learn how to invest in NRX Stock, please use our How to Invest in NRX Pharmaceuticals guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running NRX Pharmaceuticals' price analysis, check to measure NRX Pharmaceuticals' 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 NRX Pharmaceuticals is operating at the current time. Most of NRX Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of NRX Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRX Pharmaceuticals' price. Additionally, you may evaluate how the addition of NRX Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is NRX Pharmaceuticals' industry 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 NRX Pharmaceuticals. If investors know NRX 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 NRX Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.00)
Return On Assets
(1.04)
Return On Equity
(6.83)
The market value of NRX Pharmaceuticals is measured differently than its book value, which is the value of NRX that is recorded on the company's balance sheet. Investors also form their own opinion of NRX Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is NRX Pharmaceuticals' 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 NRX Pharmaceuticals' market value can be influenced by many factors that don't directly affect NRX Pharmaceuticals' 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 NRX Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if NRX Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NRX Pharmaceuticals' 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.