Nurix Other Current Liab vs Other Liab Analysis

NRIX Stock  USD 15.90  0.95  6.35%   
Nurix TherapeuticsInc financial indicator trend analysis is infinitely more than just investigating Nurix TherapeuticsInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nurix TherapeuticsInc is a good investment. Please check the relationship between Nurix TherapeuticsInc Other Current Liab and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nurix TherapeuticsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Nurix Stock please use our How to Invest in Nurix TherapeuticsInc guide.

Other Current Liab vs Other Liab

Other Current Liab vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix TherapeuticsInc Other Current Liab account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nurix TherapeuticsInc's Other Current Liab and Other Liab is 0.61. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of Nurix TherapeuticsInc, assuming nothing else is changed. The correlation between historical values of Nurix TherapeuticsInc's Other Current Liab and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Nurix TherapeuticsInc are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Liab i.e., Nurix TherapeuticsInc's Other Current Liab and Other Liab go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Other Liab

Most indicators from Nurix TherapeuticsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nurix TherapeuticsInc 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 Nurix TherapeuticsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Nurix Stock please use our How to Invest in Nurix TherapeuticsInc guide.At this time, Nurix TherapeuticsInc's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 475.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 26.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income3.5M11.1M12.8M13.4M
Net Interest Income3.5M11.1M12.8M13.4M

Nurix TherapeuticsInc fundamental ratios Correlations

0.790.850.990.880.990.750.76-0.57-0.80.940.870.960.830.40.990.980.750.970.470.920.980.810.810.990.67
0.790.890.730.610.790.980.780.01-0.980.880.480.670.91-0.080.820.830.890.870.540.960.831.00.870.730.95
0.850.890.790.590.890.880.95-0.12-0.910.950.530.720.920.060.890.920.850.940.490.90.860.90.920.790.84
0.990.730.790.880.980.680.71-0.64-0.730.890.890.970.790.450.970.960.680.940.380.890.980.760.731.00.59
0.880.610.590.880.850.590.42-0.69-0.620.790.910.880.60.530.860.840.670.80.660.770.830.620.710.880.53
0.990.790.890.980.850.760.8-0.53-0.820.950.840.930.850.391.00.990.770.990.490.920.970.820.840.980.69
0.750.980.880.680.590.760.780.04-0.970.860.470.620.84-0.050.790.80.850.830.610.940.770.970.890.680.99
0.760.780.950.710.420.80.78-0.09-0.790.850.470.640.790.080.790.810.650.840.320.790.750.790.810.710.76
-0.570.01-0.12-0.64-0.69-0.530.04-0.090.02-0.28-0.86-0.62-0.09-0.89-0.52-0.47-0.01-0.4-0.08-0.28-0.47-0.01-0.12-0.640.11
-0.8-0.98-0.91-0.73-0.62-0.82-0.97-0.790.02-0.89-0.5-0.65-0.910.0-0.84-0.86-0.9-0.89-0.56-0.95-0.82-0.97-0.89-0.73-0.94
0.940.880.950.890.790.950.860.85-0.28-0.890.680.870.920.130.950.960.890.970.620.930.940.90.940.890.8
0.870.480.530.890.910.840.470.47-0.86-0.50.680.860.470.770.840.80.430.760.40.710.780.50.550.890.42
0.960.670.720.970.880.930.620.64-0.62-0.650.870.860.730.370.910.890.640.880.390.820.950.720.680.970.53
0.830.910.920.790.60.850.840.79-0.09-0.910.920.470.73-0.090.860.890.910.920.410.890.90.930.840.790.77
0.4-0.080.060.450.530.39-0.050.08-0.890.00.130.770.37-0.090.390.34-0.130.270.090.190.26-0.090.080.45-0.06
0.990.820.890.970.861.00.790.79-0.52-0.840.950.840.910.860.391.00.790.990.50.940.970.840.850.970.72
0.980.830.920.960.840.990.80.81-0.47-0.860.960.80.890.890.341.00.821.00.520.940.970.850.880.960.73
0.750.890.850.680.670.770.850.65-0.01-0.90.890.430.640.91-0.130.790.820.840.730.850.80.880.920.680.81
0.970.870.940.940.80.990.830.84-0.4-0.890.970.760.880.920.270.991.00.840.50.950.970.890.880.940.76
0.470.540.490.380.660.490.610.32-0.08-0.560.620.40.390.410.090.50.520.730.50.540.420.510.790.380.64
0.920.960.90.890.770.920.940.79-0.28-0.950.930.710.820.890.190.940.940.850.950.540.930.960.870.890.89
0.980.830.860.980.830.970.770.75-0.47-0.820.940.780.950.90.260.970.970.80.970.420.930.860.790.980.68
0.811.00.90.760.620.820.970.79-0.01-0.970.90.50.720.93-0.090.840.850.880.890.510.960.860.860.760.93
0.810.870.920.730.710.840.890.81-0.12-0.890.940.550.680.840.080.850.880.920.880.790.870.790.860.730.88
0.990.730.791.00.880.980.680.71-0.64-0.730.890.890.970.790.450.970.960.680.940.380.890.980.760.730.59
0.670.950.840.590.530.690.990.760.11-0.940.80.420.530.77-0.060.720.730.810.760.640.890.680.930.880.59
Click cells to compare fundamentals

Nurix TherapeuticsInc Account Relationship Matchups

Nurix TherapeuticsInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396.3M476.8M416.8M364.5M419.2M319.7M
Other Current Liab700K14.5M22.4M25.0M28.7M30.2M
Total Current Liabilities44.5M66.3M70.7M87.0M100.0M58.2M
Total Stockholder Equity290.3M342.3M303.7M200.5M230.6M191.1M
Other Liab37.4M61.5M59.0M36.0M41.4M42.9M
Net Tangible Assets(57.7M)290.3M342.3M303.7M349.3M185.2M
Property Plant And Equipment Net6.7M25.3M29.5M48.0M55.1M57.9M
Current Deferred Revenue32.8M41.2M37.6M48.1M55.3M36.3M
Net Debt(119.4M)(67.5M)(52.5M)(24.0M)(27.6M)(29.0M)
Retained Earnings(103.7M)(220.9M)(401.3M)(545.2M)(490.7M)(466.1M)
Accounts Payable3.4M6.7M5.1M6.4M7.4M4.5M
Cash119.4M80.5M64.5M54.6M62.8M69.6M
Non Current Assets Total97.9M165.7M98.3M69.0M79.4M80.7M
Non Currrent Assets Other347K3.1M4.9M3.8M4.4M2.4M
Other Assets317K91.2M3.1M4.9M5.7M5.4M
Cash And Short Term Investments281.1M295.7M309.1M287.9M331.1M229.3M
Common Stock Total Equity4K39K45K47K54.1K30.4K
Common Stock Shares Outstanding15.7M42.9M48.6M54.3M62.5M39.7M
Short Term Investments161.8M215.2M244.7M233.3M268.3M159.7M
Liabilities And Stockholders Equity396.3M476.8M416.8M364.5M419.2M319.7M
Non Current Liabilities Total61.5M68.2M42.4M77.1M88.7M70.5M
Capital Surpluse2.7M393.8M563.8M709.2M815.6M856.4M
Other Current Assets5.9M9.2M9.3M6.8M7.8M6.3M
Other Stockholder Equity(2.5M)563.8M709.2M746.3M858.2M901.2M
Total Liab106.1M134.5M113.1M164.0M188.7M128.6M
Net Invested Capital290.3M342.3M303.7M200.5M230.6M191.1M
Long Term Investments90.9M137.2M63.9M7.4M8.5M8.1M
Property Plant And Equipment Gross6.7M25.3M29.5M74.2M85.3M89.6M
Total Current Assets298.4M311.1M318.4M295.5M339.8M239.0M
Accumulated Other Comprehensive Income87K(608K)(4.3M)(655K)(589.5K)(619.0K)
Capital Stock39K45K47K49K56.4K34.3K
Non Current Liabilities Other1.7M850K68.2M42.4M48.8M25.2M
Net Working Capital253.9M244.9M247.8M208.5M239.8M180.8M
Short Term Debt7.6M3.8M5.5M7.5M8.6M5.9M
Common Stock39K45K47K49K56.4K34.3K
Property Plant Equipment3.9M6.7M25.3M17.2M19.7M12.6M
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 Nurix TherapeuticsInc 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, Nurix TherapeuticsInc's short interest history, or implied volatility extrapolated from Nurix TherapeuticsInc options trading.

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When determining whether Nurix TherapeuticsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nurix TherapeuticsInc's 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 Nurix Therapeuticsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nurix Therapeuticsinc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nurix TherapeuticsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Nurix Stock please use our How to Invest in Nurix TherapeuticsInc guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Nurix TherapeuticsInc's 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 Nurix TherapeuticsInc. If investors know Nurix 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 Nurix TherapeuticsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.66)
Revenue Per Share
1.483
Quarterly Revenue Growth
0.307
Return On Assets
(0.29)
Return On Equity
(0.65)
The market value of Nurix TherapeuticsInc is measured differently than its book value, which is the value of Nurix that is recorded on the company's balance sheet. Investors also form their own opinion of Nurix TherapeuticsInc's value that differs from its market value or its book value, called intrinsic value, which is Nurix TherapeuticsInc's 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 Nurix TherapeuticsInc's market value can be influenced by many factors that don't directly affect Nurix TherapeuticsInc's 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 Nurix TherapeuticsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nurix TherapeuticsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nurix TherapeuticsInc's 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.