Neximmune Total Current Liabilities vs Retained Earnings Analysis

NEXI Stock  USD 3.19  0.06  1.92%   
Neximmune financial indicator trend analysis is infinitely more than just investigating Neximmune recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neximmune is a good investment. Please check the relationship between Neximmune Total Current Liabilities and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neximmune. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Neximmune Stock please use our How to Invest in Neximmune guide.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neximmune Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Neximmune's Total Current Liabilities and Retained Earnings is -0.26. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Neximmune, assuming nothing else is changed. The correlation between historical values of Neximmune's Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Neximmune are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Neximmune's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Neximmune balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Neximmune are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Neximmune's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neximmune current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neximmune. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Neximmune Stock please use our How to Invest in Neximmune guide.As of now, Neximmune's Selling General Administrative is increasing as compared to previous years. The Neximmune's current Enterprise Value Over EBITDA is estimated to increase to 0.03, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization861.4K576.7K1.0M702.8K
Interest Income52.5K664.4K973.3K1.0M

Neximmune fundamental ratios Correlations

-0.230.110.96-0.380.690.77-0.63-0.260.070.830.65-0.120.441.00.110.06-0.380.81-0.110.24-0.930.110.880.821.0
-0.23-0.04-0.21-0.440.49-0.29-0.05-0.770.22-0.10.30.990.72-0.250.040.85-0.44-0.3-0.63-0.110.11-0.060.20.23-0.25
0.11-0.04-0.18-0.6-0.160.440.0-0.260.860.290.38-0.060.110.050.130.26-0.54-0.18-0.40.13-0.071.0-0.040.330.09
0.96-0.21-0.18-0.210.730.63-0.62-0.19-0.180.740.53-0.10.410.970.07-0.01-0.220.850.00.2-0.9-0.180.880.710.96
-0.38-0.44-0.6-0.21-0.46-0.590.070.79-0.76-0.64-0.82-0.48-0.71-0.310.26-0.811.00.090.76-0.370.34-0.58-0.44-0.77-0.35
0.690.49-0.160.73-0.460.42-0.71-0.740.060.640.730.590.890.680.210.55-0.470.48-0.310.22-0.65-0.170.940.80.67
0.77-0.290.440.63-0.590.42-0.49-0.370.540.960.82-0.210.410.73-0.050.13-0.590.27-0.010.72-0.510.440.630.80.75
-0.63-0.050.0-0.620.07-0.71-0.490.4-0.1-0.57-0.54-0.14-0.55-0.63-0.7-0.050.04-0.46-0.26-0.320.46-0.01-0.79-0.57-0.62
-0.26-0.77-0.26-0.190.79-0.74-0.370.4-0.59-0.53-0.82-0.82-0.96-0.21-0.07-0.90.790.150.57-0.390.19-0.25-0.6-0.72-0.23
0.070.220.86-0.18-0.760.060.54-0.1-0.590.460.650.230.42-0.01-0.020.5-0.73-0.42-0.40.480.080.860.090.50.03
0.83-0.10.290.74-0.640.640.96-0.57-0.530.460.90.00.60.8-0.050.28-0.650.35-0.110.7-0.610.290.790.90.81
0.650.30.380.53-0.820.730.82-0.54-0.820.650.90.380.840.6-0.040.6-0.830.12-0.370.65-0.470.370.770.950.62
-0.120.99-0.06-0.1-0.480.59-0.21-0.14-0.820.230.00.380.79-0.150.050.86-0.48-0.23-0.63-0.060.02-0.080.310.32-0.14
0.440.720.110.41-0.710.890.41-0.55-0.960.420.60.840.790.40.120.82-0.720.1-0.520.34-0.390.090.770.80.41
1.0-0.250.050.97-0.310.680.73-0.63-0.21-0.010.80.6-0.150.40.110.01-0.320.84-0.070.2-0.930.050.870.781.0
0.110.040.130.070.260.21-0.05-0.7-0.07-0.02-0.05-0.040.050.120.11-0.080.320.230.29-0.16-0.080.140.24-0.020.11
0.060.850.26-0.01-0.810.550.13-0.05-0.90.50.280.60.860.820.01-0.08-0.81-0.23-0.790.14-0.110.250.360.520.03
-0.38-0.44-0.54-0.221.0-0.47-0.590.040.79-0.73-0.65-0.83-0.48-0.72-0.320.32-0.810.090.76-0.390.34-0.53-0.45-0.78-0.35
0.81-0.3-0.180.850.090.480.27-0.460.15-0.420.350.12-0.230.10.840.23-0.230.09-0.02-0.31-0.91-0.180.650.40.83
-0.11-0.63-0.40.00.76-0.31-0.01-0.260.57-0.4-0.11-0.37-0.63-0.52-0.070.29-0.790.76-0.020.290.33-0.38-0.19-0.43-0.1
0.24-0.110.130.2-0.370.220.72-0.32-0.390.480.70.65-0.060.340.2-0.160.14-0.39-0.310.290.130.130.290.440.21
-0.930.11-0.07-0.90.34-0.65-0.510.460.190.08-0.61-0.470.02-0.39-0.93-0.08-0.110.34-0.910.330.13-0.06-0.8-0.71-0.93
0.11-0.061.0-0.18-0.58-0.170.44-0.01-0.250.860.290.37-0.080.090.050.140.25-0.53-0.18-0.380.13-0.06-0.040.330.09
0.880.2-0.040.88-0.440.940.63-0.79-0.60.090.790.770.310.770.870.240.36-0.450.65-0.190.29-0.8-0.040.870.87
0.820.230.330.71-0.770.80.8-0.57-0.720.50.90.950.320.80.78-0.020.52-0.780.4-0.430.44-0.710.330.870.79
1.0-0.250.090.96-0.350.670.75-0.62-0.230.030.810.62-0.140.411.00.110.03-0.350.83-0.10.21-0.930.090.870.79
Click cells to compare fundamentals

Neximmune Account Relationship Matchups

Neximmune fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7M11.3M91.0M43.1M8.6M8.2M
Other Current Liab1.9M2.5M6.2M7.4M3.7B3.9B
Total Current Liabilities3.0M27.0M7.2M10.3M5.1M4.8M
Total Stockholder Equity10.6M(15.8M)83.8M32.3M3.5M3.3M
Net Tangible Assets(43.0M)(69.4M)83.8M32.3M37.1M39.0M
Property Plant And Equipment Net2.6M2.9M4.4M5.4M1.4M1.3M
Net Debt44.5M14.1M(30.3M)(33.6M)(3.1M)(3.0M)
Retained Earnings(47.7M)(77.6M)(127.7M)(190.2M)(222.6M)(211.5M)
Accounts Payable1.2M2.8M1.0M2.4M1.3M1.8M
Cash9.1M5.0M30.3M34.6M3.2M3.0M
Non Current Assets Total2.7M2.9M4.8M5.7M3.2M3.9M
Non Currrent Assets Other103.6K23.4K324.1K265.0K1.8M1.9M
Cash And Short Term Investments10.1M5.0M81.8M34.6M4.6M4.4M
Common Stock Shares Outstanding900.9K910.3K913.2K962.4K1.0M1.9M
Liabilities And Stockholders Equity13.7M11.3M91.0M43.1M8.6M8.2M
Other Current Assets833.2K78.5K99.2K2.7M215.2K204.5K
Other Stockholder Equity4.7M8.2M(90.8B)222.5M226.1M237.4M
Total Liab3.1M27.1M7.3M10.8M5.1M4.8M
Net Invested Capital(43.0M)(50.3M)83.8M32.3M3.5M3.7M
Property Plant And Equipment Gross2.6M2.9M6.7M5.4M3.0M4.1M
Total Current Assets11.0M8.4M86.3M37.4M5.4M5.1M
Net Working Capital8.0M(18.6M)79.1M27.0M316.7K300.9K
Property Plant Equipment2.6M2.9M4.4M5.4M6.2M3.7M

Currently Active Assets on Macroaxis

When determining whether Neximmune offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neximmune'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 Neximmune Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neximmune Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neximmune. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Neximmune Stock please use our How to Invest in Neximmune guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Neximmune's price analysis, check to measure Neximmune's 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 Neximmune is operating at the current time. Most of Neximmune's value examination focuses on studying past and present price action to predict the probability of Neximmune's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neximmune's price. Additionally, you may evaluate how the addition of Neximmune to your portfolios can decrease your overall portfolio volatility.
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Is Neximmune's 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 Neximmune. If investors know Neximmune 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 Neximmune listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(30.82)
Return On Assets
(0.71)
Return On Equity
(1.81)
The market value of Neximmune is measured differently than its book value, which is the value of Neximmune that is recorded on the company's balance sheet. Investors also form their own opinion of Neximmune's value that differs from its market value or its book value, called intrinsic value, which is Neximmune'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 Neximmune's market value can be influenced by many factors that don't directly affect Neximmune'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 Neximmune's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neximmune is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neximmune'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.