Novavax Non Current Liabilities Total vs Intangible Assets Analysis

NVAX Stock  USD 4.09  0.14  3.54%   
Novavax financial indicator trend analysis is infinitely more than just investigating Novavax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novavax is a good investment. Please check the relationship between Novavax Non Current Liabilities Total and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Novavax's Non Current Liabilities Total and Intangible Assets is -0.55. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Non Current Liabilities Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Novavax are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Novavax's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Novavax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novavax 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 Novavax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.At this time, Novavax's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 442.5 M in 2024, despite the fact that Tax Provision is likely to grow to (1.8 M).

Novavax fundamental ratios Correlations

0.780.94-0.560.87-0.87-0.910.930.940.90.940.940.930.80.940.960.860.990.880.78-0.460.71-0.410.67-0.370.33
0.780.9-0.890.91-0.66-0.90.930.720.880.750.680.840.550.850.90.910.70.550.66-0.350.53-0.320.34-0.260.02
0.940.9-0.750.86-0.88-0.920.960.940.870.930.920.880.830.890.980.860.920.760.67-0.40.68-0.410.55-0.360.21
-0.56-0.89-0.75-0.740.40.79-0.72-0.53-0.71-0.63-0.45-0.69-0.4-0.69-0.76-0.75-0.48-0.4-0.620.35-0.560.21-0.060.15-0.19
0.870.910.86-0.74-0.62-0.960.910.70.990.770.690.970.460.960.921.00.780.740.87-0.430.56-0.360.46-0.30.14
-0.87-0.66-0.880.4-0.620.67-0.82-0.94-0.65-0.87-0.94-0.67-0.9-0.68-0.8-0.61-0.91-0.74-0.380.22-0.450.47-0.60.46-0.03
-0.91-0.9-0.920.79-0.960.67-0.93-0.8-0.97-0.86-0.77-0.98-0.6-0.99-0.97-0.96-0.85-0.77-0.890.5-0.720.34-0.480.28-0.33
0.930.930.96-0.720.91-0.82-0.930.890.910.830.880.90.740.920.960.910.890.680.7-0.410.67-0.40.65-0.360.17
0.940.720.94-0.530.7-0.94-0.80.890.730.920.990.770.950.80.90.690.970.760.57-0.40.73-0.410.71-0.390.34
0.90.880.87-0.710.99-0.65-0.970.910.730.810.720.990.490.980.930.990.820.790.89-0.440.59-0.350.47-0.290.19
0.940.750.93-0.630.77-0.87-0.860.830.920.810.90.850.820.860.940.770.940.90.71-0.430.66-0.440.45-0.410.35
0.940.680.92-0.450.69-0.94-0.770.880.990.720.90.760.940.790.880.670.980.770.55-0.410.7-0.40.74-0.380.32
0.930.840.88-0.690.97-0.67-0.980.90.770.990.850.760.550.990.950.970.860.840.92-0.480.65-0.390.5-0.340.29
0.80.550.83-0.40.46-0.9-0.60.740.950.490.820.940.550.590.750.450.870.610.33-0.320.68-0.360.67-0.360.34
0.940.850.89-0.690.96-0.68-0.990.920.80.980.860.790.990.590.960.960.870.820.91-0.50.7-0.340.54-0.280.33
0.960.90.98-0.760.92-0.8-0.970.960.90.930.940.880.950.750.960.920.920.820.81-0.470.73-0.390.54-0.340.32
0.860.910.86-0.751.0-0.61-0.960.910.690.990.770.670.970.450.960.920.770.730.87-0.420.55-0.360.43-0.290.13
0.990.70.92-0.480.78-0.91-0.850.890.970.820.940.980.860.870.870.920.770.870.7-0.450.71-0.410.72-0.380.36
0.880.550.76-0.40.74-0.74-0.770.680.760.790.90.770.840.610.820.820.730.870.77-0.380.49-0.460.41-0.430.31
0.780.660.67-0.620.87-0.38-0.890.70.570.890.710.550.920.330.910.810.870.70.77-0.550.7-0.240.39-0.180.52
-0.46-0.35-0.40.35-0.430.220.5-0.41-0.4-0.44-0.43-0.41-0.48-0.32-0.5-0.47-0.42-0.45-0.38-0.55-0.590.11-0.320.08-0.53
0.710.530.68-0.560.56-0.45-0.720.670.730.590.660.70.650.680.70.730.550.710.490.7-0.59-0.120.65-0.10.82
-0.41-0.32-0.410.21-0.360.470.34-0.4-0.41-0.35-0.44-0.4-0.39-0.36-0.34-0.39-0.36-0.41-0.46-0.240.11-0.12-0.340.990.09
0.670.340.55-0.060.46-0.6-0.480.650.710.470.450.740.50.670.540.540.430.720.410.39-0.320.65-0.34-0.340.37
-0.37-0.26-0.360.15-0.30.460.28-0.36-0.39-0.29-0.41-0.38-0.34-0.36-0.28-0.34-0.29-0.38-0.43-0.180.08-0.10.99-0.340.09
0.330.020.21-0.190.14-0.03-0.330.170.340.190.350.320.290.340.330.320.130.360.310.52-0.530.820.090.370.09
Click cells to compare fundamentals

Novavax Account Relationship Matchups

Novavax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Liab19.9M(327.6M)709.8M1.5B1.2B1.3B
Total Current Liabilities25.8M322.0M2.4B2.5B1.6B1.7B
Total Stockholder Equity(186.0M)627.2M(351.7M)(634.1M)(716.9M)(681.1M)
Property Plant And Equipment Net11.4M180.0M228.7M400.5M491.0M515.5M
Net Debt243.1M(231.4M)(1.1B)(787.1M)(298.3M)(283.4M)
Retained Earnings(1.4B)(1.9B)(3.6B)(4.3B)(4.8B)(4.6B)
Accounts Payable2.9M54.3M127.1M216.5M132.6M139.2M
Cash78.8M553.4M1.5B1.3B578.9M607.9M
Non Current Assets Total75.7M334.3M421.6M555.3M711.5M747.0M
Non Currrent Assets Other7.5M13.2M56.7M28.5M30.3M31.8M
Cash And Short Term Investments78.8M711.0M1.5B1.3B578.9M607.9M
Common Stock Shares Outstanding24.1M57.6M74.4M78.2M100.8M105.8M
Liabilities And Stockholders Equity173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Assets93.9M441.8M2.1B1.7B226.0M191.7M
Other Stockholder Equity1.3B2.5B3.3B3.6B4.1B4.3B
Total Liab359.0M955.3M2.9B2.9B2.6B2.7B
Property Plant And Equipment Gross11.4M180.0M258.6M447.8M566.0M594.3M
Total Current Assets97.2M1.2B2.2B1.7B1.1B1.2B
Accumulated Other Comprehensive Income(12.5M)7.0M(1.4M)(6.4M)2.7M2.9M
Net Receivables7.5M262.0M455.0M82.4M297.2M312.1M
Non Current Liabilities Total333.2M633.2M538.1M432.8M937.1M984.0M
Intangible Assets6.5M5.6M5.7M4.8M4.3M4.1M
Short Long Term Debt Total321.9M322.0M454.0M549.8M280.6M294.7M
Common Stock Total Equity3.8M324K714K764K878.6K1.3M
Short Term Debt1.3M322.0M130.5M352.1M28.1M43.9M
Common Stock324K714K764K868K1.4M1.3M
Long Term Debt320.6M322.0M323.5M166.5M168.0M114.6M
Inventory(83.0M)(166.7M)(2.0B)36.7M41.7M43.8M
Property Plant Equipment11.4M180.0M228.7M400.5M460.6M483.6M
Other Liab2.6M3.4M175.5M185.0M212.8M223.4M
Current Deferred Revenue1.7M273.2M1.4B370.1M241.3M140.2M
Other Assets1.1M5.4M16.6M28.5M32.7M34.4M
Good Will51.2M135.4M131.5M126.3M127.5M133.8M
Net Tangible Assets(242.8M)486.1M(487.9M)(760.4M)(684.4M)(650.1M)
Retained Earnings Total Equity(1.3B)(1.4B)(1.9B)(3.6B)(3.3B)(3.1B)
Long Term Debt Total319.2M320.6M322.0M323.5M372.0M234.9M
Capital Surpluse1.1B1.3B2.5B3.4B3.9B4.0B

Novavax Investors Sentiment

The influence of Novavax's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Novavax. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Novavax's public news can be used to forecast risks associated with an investment in Novavax. The trend in average sentiment can be used to explain how an investor holding Novavax can time the market purely based on public headlines and social activities around Novavax. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Novavax's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Novavax's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Novavax's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Novavax.

Novavax Implied Volatility

    
  85.87  
Novavax's implied volatility exposes the market's sentiment of Novavax stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Novavax's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Novavax stock will not fluctuate a lot when Novavax's options are near their expiration.
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 Novavax 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, Novavax's short interest history, or implied volatility extrapolated from Novavax options trading.

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When determining whether Novavax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Novavax'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 Novavax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Novavax Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.
Note that the Novavax information on this page should be used as a complementary analysis to other Novavax's 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Novavax'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 Novavax. If investors know Novavax 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 Novavax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.41)
Revenue Per Share
9.762
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.17)
Return On Equity
(8.98)
The market value of Novavax is measured differently than its book value, which is the value of Novavax that is recorded on the company's balance sheet. Investors also form their own opinion of Novavax's value that differs from its market value or its book value, called intrinsic value, which is Novavax'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 Novavax's market value can be influenced by many factors that don't directly affect Novavax'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 Novavax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novavax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novavax'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.