Nurix Short Term Debt vs Common Stock Analysis
NRIX Stock | USD 12.71 0.35 2.83% |
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 Short Term Debt and its Common Stock 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.
Short Term Debt vs Common Stock
Short Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nurix TherapeuticsInc Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nurix TherapeuticsInc's Short Term Debt and Common Stock is 0.86. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock 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 Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Nurix TherapeuticsInc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Nurix TherapeuticsInc's Short Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Common Stock
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 Income | 3.5M | 11.1M | 12.8M | 13.4M | Net Interest Income | 3.5M | 11.1M | 12.8M | 13.4M |
Nurix TherapeuticsInc fundamental ratios Correlations
Click cells to compare fundamentals
Nurix TherapeuticsInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nurix TherapeuticsInc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 396.3M | 476.8M | 416.8M | 364.5M | 419.2M | 319.7M | |
Other Current Liab | 700K | 14.5M | 22.4M | 25.0M | 28.7M | 30.2M | |
Total Current Liabilities | 44.5M | 66.3M | 70.7M | 87.0M | 100.0M | 58.2M | |
Total Stockholder Equity | 290.3M | 342.3M | 303.7M | 200.5M | 230.6M | 191.1M | |
Other Liab | 37.4M | 61.5M | 59.0M | 36.0M | 41.4M | 42.9M | |
Net Tangible Assets | (57.7M) | 290.3M | 342.3M | 303.7M | 349.3M | 185.2M | |
Property Plant And Equipment Net | 6.7M | 25.3M | 29.5M | 48.0M | 55.1M | 57.9M | |
Current Deferred Revenue | 32.8M | 41.2M | 37.6M | 48.1M | 55.3M | 36.3M | |
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 Payable | 3.4M | 6.7M | 5.1M | 6.4M | 7.4M | 4.5M | |
Cash | 119.4M | 80.5M | 64.5M | 54.6M | 62.8M | 69.6M | |
Non Current Assets Total | 97.9M | 165.7M | 98.3M | 69.0M | 79.4M | 80.7M | |
Non Currrent Assets Other | 347K | 3.1M | 4.9M | 3.8M | 4.4M | 2.4M | |
Other Assets | 317K | 91.2M | 3.1M | 4.9M | 5.7M | 5.4M | |
Cash And Short Term Investments | 281.1M | 295.7M | 309.1M | 287.9M | 331.1M | 229.3M | |
Common Stock Total Equity | 4K | 39K | 45K | 47K | 54.1K | 30.4K | |
Common Stock Shares Outstanding | 15.7M | 42.9M | 48.6M | 54.3M | 62.5M | 39.7M | |
Short Term Investments | 161.8M | 215.2M | 244.7M | 233.3M | 268.3M | 159.7M | |
Liabilities And Stockholders Equity | 396.3M | 476.8M | 416.8M | 364.5M | 419.2M | 319.7M | |
Non Current Liabilities Total | 61.5M | 68.2M | 42.4M | 77.1M | 88.7M | 70.5M | |
Capital Surpluse | 2.7M | 393.8M | 563.8M | 709.2M | 815.6M | 856.4M | |
Other Current Assets | 5.9M | 9.2M | 9.3M | 6.8M | 7.8M | 6.3M | |
Other Stockholder Equity | (2.5M) | 563.8M | 709.2M | 746.3M | 858.2M | 901.2M | |
Total Liab | 106.1M | 134.5M | 113.1M | 164.0M | 188.7M | 128.6M | |
Net Invested Capital | 290.3M | 342.3M | 303.7M | 200.5M | 230.6M | 191.1M | |
Long Term Investments | 90.9M | 137.2M | 63.9M | 7.4M | 8.5M | 8.1M | |
Property Plant And Equipment Gross | 6.7M | 25.3M | 29.5M | 74.2M | 85.3M | 89.6M | |
Total Current Assets | 298.4M | 311.1M | 318.4M | 295.5M | 339.8M | 239.0M | |
Accumulated Other Comprehensive Income | 87K | (608K) | (4.3M) | (655K) | (589.5K) | (619.0K) | |
Capital Stock | 39K | 45K | 47K | 49K | 56.4K | 34.3K | |
Non Current Liabilities Other | 1.7M | 850K | 68.2M | 42.4M | 48.8M | 25.2M | |
Net Working Capital | 253.9M | 244.9M | 247.8M | 208.5M | 239.8M | 180.8M | |
Short Term Debt | 7.6M | 3.8M | 5.5M | 7.5M | 8.6M | 5.9M | |
Common Stock | 39K | 45K | 47K | 49K | 56.4K | 34.3K | |
Property Plant Equipment | 3.9M | 6.7M | 25.3M | 17.2M | 19.7M | 12.6M |
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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Try AI Portfolio ArchitectCheck 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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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.