NextCure Accounts Payable from 2010 to 2024

NXTC Stock  USD 1.45  0.02  1.36%   
NextCure's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 2.8 M this year. Accounts Payable is the amount NextCure owes to suppliers or vendors for products or services received but not yet paid for. It represents NextCure's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-12-31
Previous Quarter
4.5 M
Current Value
5.1 M
Quarterly Volatility
1.1 M
 
Covid
Check NextCure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NextCure's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 3.2 M or Interest Expense of 6.4 M, as well as many indicators such as Price To Sales Ratio of 14.65, Dividend Yield of 0.0 or PTB Ratio of 0.29. NextCure financial statements analysis is a perfect complement when working with NextCure Valuation or Volatility modules.
  
Check out the analysis of NextCure Correlation against competitors.
For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.

Latest NextCure's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of NextCure over the last few years. An accounting item on the balance sheet that represents NextCure obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NextCure are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. NextCure's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NextCure's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

NextCure Accounts Payable Regression Statistics

Arithmetic Mean1,915,484
Geometric Mean1,698,255
Coefficient Of Variation55.10
Mean Deviation833,381
Median1,141,000
Standard Deviation1,055,441
Sample Variance1.1T
Range3.1M
R-Value0.74
Mean Square Error546B
R-Squared0.54
Significance0
Slope174,210
Total Sum of Squares15.6T

NextCure Accounts Payable History

20242.8 M
20232.3 M
20224.3 M
20211.9 M
20203.9 M
20191.9 M
20182.5 M

About NextCure Financial Statements

NextCure stakeholders use historical fundamental indicators, such as NextCure's Accounts Payable, to determine how well the company is positioned to perform in the future. Although NextCure investors may analyze each financial statement separately, they are all interrelated. For example, changes in NextCure's assets and liabilities are reflected in the revenues and expenses on NextCure's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NextCure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.3 M2.8 M

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When determining whether NextCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NextCure'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 Nextcure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextcure Stock:
Check out the analysis of NextCure Correlation against competitors.
For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology space 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 NextCure. If investors know NextCure 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 NextCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.19)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.31)
Return On Equity
(0.55)
The market value of NextCure is measured differently than its book value, which is the value of NextCure that is recorded on the company's balance sheet. Investors also form their own opinion of NextCure's value that differs from its market value or its book value, called intrinsic value, which is NextCure'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 NextCure's market value can be influenced by many factors that don't directly affect NextCure'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 NextCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextCure'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.