NanoViricides Property Plant And Equipment Net vs Total Current Assets 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 Property Plant And Equipment Net and its Total Current Assets 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.
Property Plant And Equipment Net vs Total Current Assets
Property Plant And Equipment Net vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NanoViricides Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NanoViricides' Property Plant And Equipment Net and Total Current Assets is 0.18. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of NanoViricides, assuming nothing else is changed. The correlation between historical values of NanoViricides' Property Plant And Equipment Net and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of NanoViricides are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., NanoViricides' Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Depreciation | 723.3K | 747.5K | 859.7K | 772.2K | Interest Income | 11.9K | 355.8K | 409.2K | 429.7K |
NanoViricides fundamental ratios Correlations
Click cells to compare fundamentals
NanoViricides Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NanoViricides fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 630.8K | 55.8K | 260.1K | 377.2K | 433.8K | 618.7K | |
| Total Current Liabilities | 2.2M | 351.1K | 412.8K | 534.3K | 614.4K | 583.7K | |
| Total Stockholder Equity | 21.8M | 29.9M | 23.1M | 14.9M | 17.1M | 15.3M | |
| Retained Earnings | (105.6M) | (114.4M) | (122.5M) | (131.1M) | (118.0M) | (112.1M) | |
| Accounts Payable | 380.7K | 200.0K | 58.0K | 157.1K | 141.4K | 274.0K | |
| Common Stock Total Equity | 69.2K | 76.9K | 9.1K | 11.5K | 10.4K | 9.8K | |
| Common Stock Shares Outstanding | 5.6M | 10.9M | 11.5M | 11.6M | 13.4M | 14.0M | |
| Other Stockholder Equity | 127.3M | 144.3M | 145.6M | 145.9M | 167.8M | 176.2M | |
| Total Liab | 2.2M | 351.1K | 412.8K | 2.0M | 2.3M | 4.3M | |
| Common Stock | 9.1K | 11.5K | 11.6K | 116.0 | 104.4 | 99.18 | |
| Total Assets | 23.9M | 30.3M | 23.5M | 16.9M | 19.4M | 20.7M | |
| Property Plant And Equipment Net | 9.5M | 9.1M | 8.7M | 8.1M | 9.3M | 6.2M | |
| Net Debt | (12.6M) | (20.4M) | (14.0M) | (8.1M) | (7.3M) | (7.7M) | |
| Cash | 13.7M | 20.5M | 14.1M | 8.1M | 9.4M | 13.7M | |
| Non Current Assets Total | 9.9M | 9.4M | 9.1M | 8.5M | 9.7M | 6.7M | |
| Non Currrent Assets Other | 25.9K | 3.5K | 42.4K | 14.4K | 12.9K | 12.3K | |
| Cash And Short Term Investments | 13.7M | 20.5M | 14.1M | 8.1M | 9.4M | 13.7M | |
| Liabilities And Stockholders Equity | 23.9M | 30.3M | 23.5M | 16.9M | 19.4M | 20.7M | |
| Non Current Liabilities Total | 1.5M | 295.3K | 152.7K | 1.5M | 1.4M | 1.3M | |
| Other Current Assets | 277.1B | 307.1B | 350.0K | 295.5K | 339.8K | 322.8K | |
| Property Plant And Equipment Gross | 9.5M | 9.1M | 14.7M | 14.8M | 17.0M | 17.9M | |
| Total Current Assets | 14.0M | 20.8M | 14.4M | 8.4M | 9.7M | 14.1M | |
| Intangible Assets | 358.4K | 350.1K | 341.8K | 333.6K | 383.6K | 357.5K | |
| Property Plant Equipment | 9.5M | 9.1M | 8.7M | 8.1M | 9.3M | 8.4M | |
| Net Tangible Assets | 21.4M | 29.6M | 22.7M | 14.5M | 16.7M | 22.0M | |
| Net Invested Capital | 22.9M | 30.0M | 23.2M | 14.9M | 17.1M | 22.5M |
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 NanoViricides 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, NanoViricides' short interest history, or implied volatility extrapolated from NanoViricides options trading.
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When running NanoViricides' price analysis, check to measure NanoViricides' 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 NanoViricides is operating at the current time. Most of NanoViricides' value examination focuses on studying past and present price action to predict the probability of NanoViricides' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NanoViricides' price. Additionally, you may evaluate how the addition of NanoViricides to your portfolios can decrease your overall portfolio volatility.
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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.