NanoViricides Current Deferred Revenue vs Net Debt Analysis

NNVC Stock  USD 1.10  0.01  0.90%   
NanoViricides financial indicator trend analysis is infinitely more than just investigating NanoViricides recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NanoViricides is a good investment. Please check the relationship between NanoViricides Current Deferred Revenue and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoViricides. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade NanoViricides Stock refer to our How to Trade NanoViricides Stock guide.

Current Deferred Revenue vs Net Debt

Current Deferred Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NanoViricides Current Deferred Revenue account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NanoViricides' Current Deferred Revenue and Net Debt is -0.38. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of NanoViricides, assuming nothing else is changed. The correlation between historical values of NanoViricides' Current Deferred Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of NanoViricides are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Current Deferred Revenue i.e., NanoViricides' Current Deferred Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from NanoViricides' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NanoViricides 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 NanoViricides. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade NanoViricides Stock refer to our How to Trade NanoViricides Stock guide.At present, NanoViricides' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation723.3K747.5K859.7K772.2K
Interest Income11.9K355.8K409.2K429.7K

NanoViricides fundamental ratios Correlations

0.06-0.250.050.570.33-0.24-0.10.010.32-0.20.0-0.070.21-0.21-0.060.29-0.210.090.34-0.16-0.210.310.28-0.09-0.44
0.060.110.120.00.21-0.4-0.140.440.230.270.520.38-0.030.160.39-0.030.160.120.020.040.150.290.220.35-0.02
-0.250.11-0.36-0.05-0.370.160.430.44-0.330.910.420.63-0.850.790.66-0.050.790.390.170.40.790.56-0.430.610.89
0.050.12-0.360.160.79-0.83-0.960.340.81-0.090.52-0.6-0.070.14-0.590.550.140.52-0.33-0.840.14-0.330.83-0.62-0.21
0.570.0-0.050.160.41-0.22-0.14-0.010.4-0.060.08-0.38-0.140.07-0.360.630.070.260.24-0.390.080.420.31-0.39-0.21
0.330.21-0.370.790.41-0.75-0.810.061.0-0.230.33-0.440.08-0.08-0.450.46-0.080.3-0.23-0.69-0.08-0.140.99-0.47-0.35
-0.24-0.40.16-0.83-0.22-0.750.88-0.41-0.79-0.07-0.620.220.12-0.170.2-0.45-0.17-0.490.090.74-0.170.08-0.770.270.18
-0.1-0.140.43-0.96-0.14-0.810.88-0.22-0.820.19-0.430.58-0.02-0.010.58-0.51-0.01-0.410.230.89-0.010.37-0.850.630.33
0.010.440.440.34-0.010.06-0.41-0.220.080.770.930.15-0.640.810.210.430.810.86-0.32-0.070.810.40.040.130.4
0.320.23-0.330.810.41.0-0.79-0.820.08-0.20.36-0.420.05-0.05-0.430.46-0.050.31-0.19-0.71-0.05-0.130.99-0.46-0.31
-0.20.270.91-0.09-0.06-0.23-0.070.190.77-0.20.730.51-0.90.940.560.150.940.67-0.030.250.940.54-0.290.490.84
0.00.520.420.520.080.33-0.62-0.430.930.360.730.09-0.670.80.150.490.80.89-0.31-0.260.80.330.310.060.38
-0.070.380.63-0.6-0.38-0.440.220.580.15-0.420.510.09-0.180.191.0-0.630.19-0.160.250.740.180.37-0.450.990.5
0.21-0.03-0.85-0.07-0.140.080.12-0.02-0.640.05-0.9-0.67-0.18-0.96-0.23-0.41-0.96-0.740.010.05-0.96-0.470.15-0.14-0.79
-0.210.160.790.140.07-0.08-0.17-0.010.81-0.050.940.80.19-0.960.250.41.00.82-0.13-0.011.00.45-0.140.170.78
-0.060.390.66-0.59-0.36-0.450.20.580.21-0.430.560.151.0-0.230.25-0.570.25-0.10.240.730.240.43-0.470.980.51
0.29-0.03-0.050.550.630.46-0.45-0.510.430.460.150.49-0.63-0.410.4-0.570.40.71-0.27-0.670.410.360.39-0.68-0.18
-0.210.160.790.140.07-0.08-0.17-0.010.81-0.050.940.80.19-0.961.00.250.40.82-0.13-0.011.00.45-0.140.170.78
0.090.120.390.520.260.3-0.49-0.410.860.310.670.89-0.16-0.740.82-0.10.710.82-0.35-0.350.830.370.25-0.20.35
0.340.020.17-0.330.24-0.230.090.23-0.32-0.19-0.03-0.310.250.01-0.130.24-0.27-0.13-0.35-0.01-0.140.02-0.230.230.1
-0.160.040.4-0.84-0.39-0.690.740.89-0.07-0.710.25-0.260.740.05-0.010.73-0.67-0.01-0.35-0.01-0.020.28-0.710.80.35
-0.210.150.790.140.08-0.08-0.17-0.010.81-0.050.940.80.18-0.961.00.240.411.00.83-0.14-0.020.45-0.140.160.77
0.310.290.56-0.330.42-0.140.080.370.4-0.130.540.330.37-0.470.450.430.360.450.370.020.280.45-0.260.340.19
0.280.22-0.430.830.310.99-0.77-0.850.040.99-0.290.31-0.450.15-0.14-0.470.39-0.140.25-0.23-0.71-0.14-0.26-0.48-0.37
-0.090.350.61-0.62-0.39-0.470.270.630.13-0.460.490.060.99-0.140.170.98-0.680.17-0.20.230.80.160.34-0.480.52
-0.44-0.020.89-0.21-0.21-0.350.180.330.4-0.310.840.380.5-0.790.780.51-0.180.780.350.10.350.770.19-0.370.52
Click cells to compare fundamentals

NanoViricides Account Relationship Matchups

NanoViricides fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab630.8K55.8K260.1K377.2K433.8K618.7K
Total Current Liabilities2.2M351.1K412.8K534.3K614.4K583.7K
Total Stockholder Equity21.8M29.9M23.1M14.9M17.1M15.3M
Retained Earnings(105.6M)(114.4M)(122.5M)(131.1M)(118.0M)(112.1M)
Accounts Payable380.7K200.0K58.0K157.1K141.4K274.0K
Common Stock Total Equity69.2K76.9K9.1K11.5K10.4K9.8K
Common Stock Shares Outstanding5.6M10.9M11.5M11.6M13.4M14.0M
Other Stockholder Equity127.3M144.3M145.6M145.9M167.8M176.2M
Total Liab2.2M351.1K412.8K2.0M2.3M4.3M
Common Stock9.1K11.5K11.6K116.0104.499.18
Total Assets23.9M30.3M23.5M16.9M19.4M20.7M
Property Plant And Equipment Net9.5M9.1M8.7M8.1M9.3M6.2M
Net Debt(12.6M)(20.4M)(14.0M)(8.1M)(7.3M)(7.7M)
Cash13.7M20.5M14.1M8.1M9.4M13.7M
Non Current Assets Total9.9M9.4M9.1M8.5M9.7M6.7M
Non Currrent Assets Other25.9K3.5K42.4K14.4K12.9K12.3K
Cash And Short Term Investments13.7M20.5M14.1M8.1M9.4M13.7M
Liabilities And Stockholders Equity23.9M30.3M23.5M16.9M19.4M20.7M
Non Current Liabilities Total1.5M295.3K152.7K1.5M1.4M1.3M
Other Current Assets277.1B307.1B350.0K295.5K339.8K322.8K
Property Plant And Equipment Gross9.5M9.1M14.7M14.8M17.0M17.9M
Total Current Assets14.0M20.8M14.4M8.4M9.7M14.1M
Intangible Assets358.4K350.1K341.8K333.6K383.6K357.5K
Property Plant Equipment9.5M9.1M8.7M8.1M9.3M8.4M
Net Tangible Assets21.4M29.6M22.7M14.5M16.7M22.0M
Net Invested Capital22.9M30.0M23.2M14.9M17.1M22.5M

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When determining whether NanoViricides offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NanoViricides' 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 Nanoviricides Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nanoviricides Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoViricides. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade NanoViricides Stock refer to our How to Trade NanoViricides Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is NanoViricides' 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 NanoViricides. If investors know NanoViricides 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 NanoViricides listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Return On Assets
(0.36)
Return On Equity
(0.58)
The market value of NanoViricides is measured differently than its book value, which is the value of NanoViricides that is recorded on the company's balance sheet. Investors also form their own opinion of NanoViricides' value that differs from its market value or its book value, called intrinsic value, which is NanoViricides' 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 NanoViricides' market value can be influenced by many factors that don't directly affect NanoViricides' 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 NanoViricides' value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoViricides is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoViricides' 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.