Neurobo Total Current Liabilities vs Non Current Liabilities Total Analysis

NRBO Stock  USD 3.73  0.05  1.32%   
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 Total Current Liabilities and its Non Current Liabilities Total 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.

Total Current Liabilities vs Non Current Liabilities Total

Total Current Liabilities vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurobo Pharmaceuticals Total Current Liabilities account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Neurobo Pharmaceuticals' Total Current Liabilities and Non Current Liabilities Total is 0.33. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Total 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' Total Current Liabilities and Non Current Liabilities Total 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 Neurobo Pharmaceuticals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Liabilities i.e., Neurobo Pharmaceuticals' Total Current Liabilities and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Neurobo Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Neurobo Pharmaceuticals 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.

Non Current Liabilities Total

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 5th 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 Depreciation48K20K3K2.9K
Cost Of Revenue72K28K7K6.7K

Neurobo Pharmaceuticals fundamental ratios Correlations

0.260.760.710.19-0.83-0.95-0.830.521.00.07-0.231.00.870.330.830.510.780.281.0-0.040.53-0.830.050.180.43
0.26-0.20.44-0.52-0.110.010.00.620.250.370.240.250.21-0.260.290.34-0.130.620.250.650.28-0.020.550.44-0.64
0.76-0.20.630.4-0.45-0.82-0.620.030.77-0.16-0.170.770.520.320.480.250.74-0.040.77-0.260.3-0.58-0.22-0.080.58
0.710.440.63-0.23-0.33-0.54-0.640.410.710.50.30.710.630.220.730.10.550.560.70.490.39-0.380.330.170.08
0.19-0.520.4-0.23-0.16-0.41-0.07-0.110.19-0.6-0.140.19-0.010.26-0.10.360.49-0.890.2-0.91-0.13-0.54-0.960.050.77
-0.83-0.11-0.45-0.33-0.160.810.78-0.63-0.820.070.53-0.82-0.86-0.26-0.76-0.39-0.6-0.23-0.830.2-0.550.84-0.08-0.24-0.4
-0.950.01-0.82-0.54-0.410.810.79-0.33-0.950.110.34-0.95-0.78-0.44-0.7-0.56-0.8-0.03-0.950.3-0.410.870.17-0.02-0.62
-0.830.0-0.62-0.64-0.070.780.79-0.46-0.82-0.230.23-0.82-0.93-0.61-0.9-0.11-0.82-0.32-0.82-0.01-0.370.78-0.12-0.14-0.56
0.520.620.030.41-0.11-0.63-0.33-0.460.50.11-0.090.50.61-0.010.620.230.340.340.520.150.45-0.590.20.71-0.11
1.00.250.770.710.19-0.82-0.95-0.820.50.05-0.251.00.860.330.820.510.770.271.0-0.050.52-0.830.040.180.43
0.070.37-0.160.5-0.60.070.11-0.230.110.050.690.050.320.060.49-0.210.070.620.050.80.160.150.52-0.2-0.18
-0.230.24-0.170.3-0.140.530.340.23-0.09-0.250.69-0.25-0.17-0.160.04-0.150.00.03-0.250.47-0.050.28-0.05-0.11-0.12
1.00.250.770.710.19-0.82-0.95-0.820.51.00.05-0.250.860.330.820.510.770.271.0-0.050.52-0.830.040.180.43
0.870.210.520.63-0.01-0.86-0.78-0.930.610.860.32-0.170.860.410.970.270.780.410.860.110.53-0.790.20.140.4
0.33-0.260.320.220.26-0.26-0.44-0.61-0.010.330.06-0.160.330.410.35-0.010.49-0.070.33-0.2-0.5-0.43-0.17-0.030.6
0.830.290.480.73-0.1-0.76-0.7-0.90.620.820.490.040.820.970.350.20.770.480.820.250.56-0.730.240.160.34
0.510.340.250.10.36-0.39-0.56-0.110.230.51-0.21-0.150.510.27-0.010.20.27-0.120.52-0.240.27-0.5-0.21-0.110.1
0.78-0.130.740.550.49-0.6-0.8-0.820.340.770.070.00.770.780.490.770.27-0.120.77-0.280.35-0.86-0.360.120.75
0.280.62-0.040.56-0.89-0.23-0.03-0.320.340.270.620.030.270.41-0.070.48-0.12-0.120.260.870.350.140.960.04-0.54
1.00.250.770.70.2-0.83-0.95-0.820.521.00.05-0.251.00.860.330.820.520.770.26-0.060.53-0.840.040.180.43
-0.040.65-0.260.49-0.910.20.3-0.010.15-0.050.80.47-0.050.11-0.20.25-0.24-0.280.87-0.060.170.420.85-0.02-0.66
0.530.280.30.39-0.13-0.55-0.41-0.370.450.520.16-0.050.520.53-0.50.560.270.350.350.530.17-0.40.230.11-0.01
-0.83-0.02-0.58-0.38-0.540.840.870.78-0.59-0.830.150.28-0.83-0.79-0.43-0.73-0.5-0.860.14-0.840.42-0.40.35-0.32-0.67
0.050.55-0.220.33-0.96-0.080.17-0.120.20.040.52-0.050.040.2-0.170.24-0.21-0.360.960.040.850.230.35-0.03-0.68
0.180.44-0.080.170.05-0.24-0.02-0.140.710.18-0.2-0.110.180.14-0.030.16-0.110.120.040.18-0.020.11-0.32-0.03-0.1
0.43-0.640.580.080.77-0.4-0.62-0.56-0.110.43-0.18-0.120.430.40.60.340.10.75-0.540.43-0.66-0.01-0.67-0.68-0.1
Click cells to compare fundamentals

Neurobo Pharmaceuticals Account Relationship Matchups

Neurobo Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.5M11.0M16.8M33.5M22.8M18.4M
Short Long Term Debt Total116K94K71K203K182.7K173.6K
Other Current Liab1.4M1.1M1.3M11.1M5.1M2.6M
Total Current Liabilities2.1M3.7M2.2M11.8M6.0M6.1M
Total Stockholder Equity12.3M7.2M14.6M21.8M16.7M17.5M
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 Payable638K2.6M830K708K821K1.1M
Cash13.9M10.1M16.4M33.4M22.4M17.8M
Non Current Assets Total350K285K215K2K269.0K220.2K
Cash And Short Term Investments13.9M10.1M16.4M33.4M22.4M17.8M
Common Stock Total Equity18K22K16K20K23K17.9K
Common Stock Shares Outstanding21.8K67.6K96.4K321.7K5.1M5.3M
Liabilities And Stockholders Equity14.5M11.0M16.8M33.5M22.8M18.4M
Capital Surpluse64.4M91.9M49.1M73.7M84.8M59.9M
Other Current Assets42K48K197K168K77K105.8K
Other Stockholder Equity34.7M73.7M96.4M117.5M124.9M69.3M
Total Liab2.2M3.8M2.2M11.8M6.1M5.8M
Total Current Assets14.1M10.7M16.6M33.5M22.5M18.1M
Short Term Debt22K24K26K67K60.3K57.3K
Common Stock16K20K27K25K5K4.8K
Non Currrent Assets Other740K350K130K21.0K18.9K18.0K
Non Current Liabilities Total94K70K45K708K136K129.2K
Net Tangible Assets(13.3M)12.3M7.2M14.6M16.8M17.6M
Net Invested Capital12.3M7.2M14.6M21.8M16.7M16.3M
Net Working Capital12.0M7.0M14.4M21.7M16.6M14.5M
Capital Stock16K20K27K25K5K4.8K
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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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:
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.