Nextcure Stock Working Capital
| NXTC Stock | USD 1.45 0.02 1.36% |
NextCure fundamentals help investors to digest information that contributes to NextCure's financial success or failures. It also enables traders to predict the movement of NextCure Stock. The fundamental analysis module provides a way to measure NextCure's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NextCure stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 105.8 M | 191.1 M | |
| Change In Working Capital | -1.9 M | -1.8 M |
NextCure | Working Capital |
NextCure Company Working Capital Analysis
NextCure's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current NextCure Working Capital | 105.84 M |
Most of NextCure's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NextCure is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NextCure Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for NextCure is extremely important. It helps to project a fair market value of NextCure Stock properly, considering its historical fundamentals such as Working Capital. Since NextCure's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NextCure's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NextCure's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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NextCure Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, NextCure has a Working Capital of 105.84 M. This is 75.13% lower than that of the Biotechnology sector and 80.35% lower than that of the Health Care industry. The working capital for all United States stocks is 92.84% higher than that of the company.
NextCure Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NextCure's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NextCure could also be used in its relative valuation, which is a method of valuing NextCure by comparing valuation metrics of similar companies.NextCure is currently under evaluation in working capital category among its peers.
NextCure Current Valuation Drivers
We derive many important indicators used in calculating different scores of NextCure from analyzing NextCure's financial statements. These drivers represent accounts that assess NextCure's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NextCure's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 65.2M | 855.2M | 270.8M | 19.6M | 25.3M | 24.0M |
NextCure Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.31 | ||||
| Current Valuation | (39.72 M) | ||||
| Shares Outstanding | 27.98 M | ||||
| Shares Owned By Insiders | 8.85 % | ||||
| Shares Owned By Institutions | 57.82 % | ||||
| Number Of Shares Shorted | 76.09 K | ||||
| Price To Earning | (25.44) X | ||||
| Price To Book | 0.48 X | ||||
| Price To Sales | 9.52 X | ||||
| Gross Profit | (54.2 M) | ||||
| EBITDA | (63.95 M) | ||||
| Net Income | (62.72 M) | ||||
| Cash And Equivalents | 185.49 M | ||||
| Cash Per Share | 6.68 X | ||||
| Total Debt | 6.61 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 33.87 X | ||||
| Book Value Per Share | 3.05 X | ||||
| Cash Flow From Operations | (52.97 M) | ||||
| Short Ratio | 1.87 X | ||||
| Earnings Per Share | (2.19) X | ||||
| Price To Earnings To Growth | 0.03 X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 82 | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 40.56 M | ||||
| Total Asset | 129.42 M | ||||
| Retained Earnings | (324.48 M) | ||||
| Working Capital | 105.84 M | ||||
| Current Asset | 46.99 M | ||||
| Current Liabilities | 5.53 M | ||||
| Net Asset | 129.42 M |
About NextCure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NextCure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NextCure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NextCure based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out NextCure Piotroski F Score and NextCure Altman Z Score analysis. For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.