Neurobo Research Development vs Gross Profit 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 Research Development and its Gross Profit 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.

Research Development vs Gross Profit

Research Development vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurobo Pharmaceuticals Research Development account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Neurobo Pharmaceuticals' Research Development and Gross Profit is -0.29. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Gross Profit 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' Research Development and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Neurobo Pharmaceuticals are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Research Development i.e., Neurobo Pharmaceuticals' Research Development and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Neurobo Pharmaceuticals minus its cost of goods sold. It is profit before Neurobo Pharmaceuticals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 3rd 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

Reconciled Depreciation Cost Of Revenue

Neurobo Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other	Net Tangible Assets
Total Assets		0.26	0.76	0.71	0.19	-0.83	-0.95	-0.83	0.52	1.0	0.07	-0.23	1.0	0.87	0.33	0.83	0.51	0.78	0.28	1.0	-0.04	0.53	-0.83	0.05	0.18	0.43
Short Long Term Debt Total	0.26		-0.2	0.44	-0.52	-0.11	0.01	0.0	0.62	0.25	0.37	0.24	0.25	0.21	-0.26	0.29	0.34	-0.13	0.62	0.25	0.65	0.28	-0.02	0.55	0.44	-0.64
Other Current Liab	0.76	-0.2		0.63	0.4	-0.45	-0.82	-0.62	0.03	0.77	-0.16	-0.17	0.77	0.52	0.32	0.48	0.25	0.74	-0.04	0.77	-0.26	0.3	-0.58	-0.22	-0.08	0.58
Total Current Liabilities	0.71	0.44	0.63		-0.23	-0.33	-0.54	-0.64	0.41	0.71	0.5	0.3	0.71	0.63	0.22	0.73	0.1	0.55	0.56	0.7	0.49	0.39	-0.38	0.33	0.17	0.08
Total Stockholder Equity	0.19	-0.52	0.4	-0.23		-0.16	-0.41	-0.07	-0.11	0.19	-0.6	-0.14	0.19	-0.01	0.26	-0.1	0.36	0.49	-0.89	0.2	-0.91	-0.13	-0.54	-0.96	0.05	0.77
Current Deferred Revenue	-0.83	-0.11	-0.45	-0.33	-0.16		0.81	0.78	-0.63	-0.82	0.07	0.53	-0.82	-0.86	-0.26	-0.76	-0.39	-0.6	-0.23	-0.83	0.2	-0.55	0.84	-0.08	-0.24	-0.4
Net Debt	-0.95	0.01	-0.82	-0.54	-0.41	0.81		0.79	-0.33	-0.95	0.11	0.34	-0.95	-0.78	-0.44	-0.7	-0.56	-0.8	-0.03	-0.95	0.3	-0.41	0.87	0.17	-0.02	-0.62
Retained Earnings	-0.83	0.0	-0.62	-0.64	-0.07	0.78	0.79		-0.46	-0.82	-0.23	0.23	-0.82	-0.93	-0.61	-0.9	-0.11	-0.82	-0.32	-0.82	-0.01	-0.37	0.78	-0.12	-0.14	-0.56
Accounts Payable	0.52	0.62	0.03	0.41	-0.11	-0.63	-0.33	-0.46		0.5	0.11	-0.09	0.5	0.61	-0.01	0.62	0.23	0.34	0.34	0.52	0.15	0.45	-0.59	0.2	0.71	-0.11
Cash	1.0	0.25	0.77	0.71	0.19	-0.82	-0.95	-0.82	0.5		0.05	-0.25	1.0	0.86	0.33	0.82	0.51	0.77	0.27	1.0	-0.05	0.52	-0.83	0.04	0.18	0.43
Non Current Assets Total	0.07	0.37	-0.16	0.5	-0.6	0.07	0.11	-0.23	0.11	0.05		0.69	0.05	0.32	0.06	0.49	-0.21	0.07	0.62	0.05	0.8	0.16	0.15	0.52	-0.2	-0.18
Other Assets	-0.23	0.24	-0.17	0.3	-0.14	0.53	0.34	0.23	-0.09	-0.25	0.69		-0.25	-0.17	-0.16	0.04	-0.15	0.0	0.03	-0.25	0.47	-0.05	0.28	-0.05	-0.11	-0.12
Cash And Short Term Investments	1.0	0.25	0.77	0.71	0.19	-0.82	-0.95	-0.82	0.5	1.0	0.05	-0.25		0.86	0.33	0.82	0.51	0.77	0.27	1.0	-0.05	0.52	-0.83	0.04	0.18	0.43
Common Stock Total Equity	0.87	0.21	0.52	0.63	-0.01	-0.86	-0.78	-0.93	0.61	0.86	0.32	-0.17	0.86		0.41	0.97	0.27	0.78	0.41	0.86	0.11	0.53	-0.79	0.2	0.14	0.4
Common Stock Shares Outstanding	0.33	-0.26	0.32	0.22	0.26	-0.26	-0.44	-0.61	-0.01	0.33	0.06	-0.16	0.33	0.41		0.35	-0.01	0.49	-0.07	0.33	-0.2	-0.5	-0.43	-0.17	-0.03	0.6
Capital Surpluse	0.83	0.29	0.48	0.73	-0.1	-0.76	-0.7	-0.9	0.62	0.82	0.49	0.04	0.82	0.97	0.35		0.2	0.77	0.48	0.82	0.25	0.56	-0.73	0.24	0.16	0.34
Other Current Assets	0.51	0.34	0.25	0.1	0.36	-0.39	-0.56	-0.11	0.23	0.51	-0.21	-0.15	0.51	0.27	-0.01	0.2		0.27	-0.12	0.52	-0.24	0.27	-0.5	-0.21	-0.11	0.1
Other Stockholder Equity	0.78	-0.13	0.74	0.55	0.49	-0.6	-0.8	-0.82	0.34	0.77	0.07	0.0	0.77	0.78	0.49	0.77	0.27		-0.12	0.77	-0.28	0.35	-0.86	-0.36	0.12	0.75
Total Liab	0.28	0.62	-0.04	0.56	-0.89	-0.23	-0.03	-0.32	0.34	0.27	0.62	0.03	0.27	0.41	-0.07	0.48	-0.12	-0.12		0.26	0.87	0.35	0.14	0.96	0.04	-0.54
Total Current Assets	1.0	0.25	0.77	0.7	0.2	-0.83	-0.95	-0.82	0.52	1.0	0.05	-0.25	1.0	0.86	0.33	0.82	0.52	0.77	0.26		-0.06	0.53	-0.84	0.04	0.18	0.43
Short Term Debt	-0.04	0.65	-0.26	0.49	-0.91	0.2	0.3	-0.01	0.15	-0.05	0.8	0.47	-0.05	0.11	-0.2	0.25	-0.24	-0.28	0.87	-0.06		0.17	0.42	0.85	-0.02	-0.66
Common Stock	0.53	0.28	0.3	0.39	-0.13	-0.55	-0.41	-0.37	0.45	0.52	0.16	-0.05	0.52	0.53	-0.5	0.56	0.27	0.35	0.35	0.53	0.17		-0.4	0.23	0.11	-0.01
Non Currrent Assets Other	-0.83	-0.02	-0.58	-0.38	-0.54	0.84	0.87	0.78	-0.59	-0.83	0.15	0.28	-0.83	-0.79	-0.43	-0.73	-0.5	-0.86	0.14	-0.84	0.42	-0.4		0.35	-0.32	-0.67
Non Current Liabilities Total	0.05	0.55	-0.22	0.33	-0.96	-0.08	0.17	-0.12	0.2	0.04	0.52	-0.05	0.04	0.2	-0.17	0.24	-0.21	-0.36	0.96	0.04	0.85	0.23	0.35		-0.03	-0.68
Non Current Liabilities Other	0.18	0.44	-0.08	0.17	0.05	-0.24	-0.02	-0.14	0.71	0.18	-0.2	-0.11	0.18	0.14	-0.03	0.16	-0.11	0.12	0.04	0.18	-0.02	0.11	-0.32	-0.03		-0.1
Net Tangible Assets	0.43	-0.64	0.58	0.08	0.77	-0.4	-0.62	-0.56	-0.11	0.43	-0.18	-0.12	0.43	0.4	0.6	0.34	0.1	0.75	-0.54	0.43	-0.66	-0.01	-0.67	-0.68	-0.1

Click cells to compare fundamentals

Neurobo Pharmaceuticals Account Relationship Matchups

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

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When determining whether Neurobo Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neurobo Pharmaceuticals' 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 Neurobo Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neurobo Pharmaceuticals Stock:

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Is Neurobo Stock a good investment?

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What is Neurobo Pharmaceuticals' Net Worth?

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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.

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Neurobo Stock analysis

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.

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Neurobo Research Development vs Gross Profit Analysis

Research Development vs Gross Profit

Research Development vs Gross Profit Correlation Analysis

Correlation Coefficient

Research Development

Gross Profit

Neurobo Pharmaceuticals fundamental ratios Correlations

Neurobo Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Neurobo Pharmaceuticals fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Non Current Liabilities Total	- 0.96	Total Stockholder Equity
Total Current Assets	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Net Debt	- 0.95	Total Assets
Common Stock Total Equity	- 0.93	Retained Earnings