Neurobo Net Income vs Cost Of Revenue Analysis
NRBO Stock | USD 3.73 0.05 1.36% |
Neurobo Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Neurobo Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neurobo Pharmaceuticals is a good investment. Please check the relationship between Neurobo Pharmaceuticals Net Income and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurobo Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Neurobo Stock, please use our How to Invest in Neurobo Pharmaceuticals guide.
Net Income vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurobo Pharmaceuticals Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Neurobo Pharmaceuticals' Net Income and Cost Of Revenue is -0.32. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Neurobo Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Neurobo Pharmaceuticals' Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Neurobo Pharmaceuticals are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Neurobo Pharmaceuticals' Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Neurobo Pharmaceuticals financial statement analysis. It represents the amount of money remaining after all of Neurobo Pharmaceuticals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Neurobo Pharmaceuticals income statement and represents the costs associated with goods and services Neurobo Pharmaceuticals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Neurobo Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neurobo Pharmaceuticals 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 Neurobo Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Neurobo Stock, please use our How to Invest in Neurobo Pharmaceuticals guide.At this time, Neurobo Pharmaceuticals' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 2nd of May 2024, Enterprise Value Multiple is likely to grow to 0.23, while Selling General Administrative is likely to drop 6,392.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 48K | 20K | 3K | 2.9K | Cost Of Revenue | 72K | 28K | 7K | 6.7K |
Neurobo Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Neurobo Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Neurobo Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.5M | 11.0M | 16.8M | 33.5M | 22.8M | 18.4M | |
Short Long Term Debt Total | 116K | 94K | 71K | 203K | 182.7K | 173.6K | |
Other Current Liab | 1.4M | 1.1M | 1.3M | 11.1M | 5.1M | 2.6M | |
Total Current Liabilities | 2.1M | 3.7M | 2.2M | 11.8M | 6.0M | 6.1M | |
Total Stockholder Equity | 12.3M | 7.2M | 14.6M | 21.8M | 16.7M | 17.5M | |
Net Debt | (13.8M) | (10.0M) | (16.3M) | (33.4M) | (22.2M) | (21.1M) | |
Retained Earnings | (36.9M) | (66.5M) | (81.8M) | (95.8M) | (108.3M) | (102.9M) | |
Accounts Payable | 638K | 2.6M | 830K | 708K | 821K | 1.1M | |
Cash | 13.9M | 10.1M | 16.4M | 33.4M | 22.4M | 17.8M | |
Non Current Assets Total | 350K | 285K | 215K | 2K | 269.0K | 220.2K | |
Cash And Short Term Investments | 13.9M | 10.1M | 16.4M | 33.4M | 22.4M | 17.8M | |
Common Stock Total Equity | 18K | 22K | 16K | 20K | 23K | 17.9K | |
Common Stock Shares Outstanding | 21.8K | 67.6K | 96.4K | 321.7K | 5.1M | 5.3M | |
Liabilities And Stockholders Equity | 14.5M | 11.0M | 16.8M | 33.5M | 22.8M | 18.4M | |
Capital Surpluse | 64.4M | 91.9M | 49.1M | 73.7M | 84.8M | 59.9M | |
Other Current Assets | 42K | 48K | 197K | 168K | 77K | 105.8K | |
Other Stockholder Equity | 34.7M | 73.7M | 96.4M | 117.5M | 124.9M | 69.3M | |
Total Liab | 2.2M | 3.8M | 2.2M | 11.8M | 6.1M | 5.8M | |
Total Current Assets | 14.1M | 10.7M | 16.6M | 33.5M | 22.5M | 18.1M | |
Short Term Debt | 22K | 24K | 26K | 67K | 60.3K | 57.3K | |
Common Stock | 16K | 20K | 27K | 25K | 5K | 4.8K | |
Non Currrent Assets Other | 740K | 350K | 130K | 21.0K | 18.9K | 18.0K | |
Non Current Liabilities Total | 94K | 70K | 45K | 708K | 136K | 129.2K | |
Net Tangible Assets | (13.3M) | 12.3M | 7.2M | 14.6M | 16.8M | 17.6M | |
Net Invested Capital | 12.3M | 7.2M | 14.6M | 21.8M | 16.7M | 16.3M | |
Net Working Capital | 12.0M | 7.0M | 14.4M | 21.7M | 16.6M | 14.5M | |
Capital Stock | 16K | 20K | 27K | 25K | 5K | 4.8K |
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 Neurobo 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, Neurobo Pharmaceuticals' short interest history, or implied volatility extrapolated from Neurobo Pharmaceuticals options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurobo Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Neurobo Stock, please use our How to Invest in Neurobo Pharmaceuticals guide.Note that the Neurobo Pharmaceuticals information on this page should be used as a complementary analysis to other Neurobo Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Neurobo Pharmaceuticals' price analysis, check to measure Neurobo 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 Neurobo Pharmaceuticals is operating at the current time. Most of Neurobo Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Neurobo Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurobo Pharmaceuticals' price. Additionally, you may evaluate how the addition of Neurobo Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Neurobo 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 Neurobo Pharmaceuticals. If investors know Neurobo 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 Neurobo 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 (2.46) | Return On Assets (0.35) | Return On Equity (0.65) |
The market value of Neurobo Pharmaceuticals is measured differently than its book value, which is the value of Neurobo that is recorded on the company's balance sheet. Investors also form their own opinion of Neurobo Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Neurobo 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 Neurobo Pharmaceuticals' market value can be influenced by many factors that don't directly affect Neurobo 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 Neurobo Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neurobo Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neurobo 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.