Nyxoah Other Stockholder Equity vs Total Current Liabilities Analysis

NYXH Stock  USD 8.01  0.01  0.12%   
Nyxoah financial indicator trend analysis is infinitely more than just investigating Nyxoah recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nyxoah is a good investment. Please check the relationship between Nyxoah Other Stockholder Equity and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.

Other Stockholder Equity vs Total Current Liabilities

Other Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nyxoah's Other Stockholder Equity and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Other Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Nyxoah are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Nyxoah's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Current Liabilities

Total Current Liabilities is an item on Nyxoah balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nyxoah are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nyxoah's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nyxoah 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 Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.The Nyxoah's current Issuance Of Capital Stock is estimated to increase to about 32 M, while Tax Provision is forecasted to increase to (312.6 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses26.8M34.4M47.8M50.2M
Cost Of Revenue303K1.2M1.7M937.7K

Nyxoah fundamental ratios Correlations

0.940.940.941.00.930.87-0.67-0.790.720.720.840.390.920.890.970.830.620.940.630.620.970.951.00.570.98
0.940.940.930.930.920.92-0.52-0.860.790.580.890.520.950.990.870.940.641.00.750.660.950.970.930.50.89
0.940.940.990.920.930.9-0.38-0.880.760.440.910.50.930.910.840.820.760.940.730.730.970.990.920.340.86
0.940.930.990.920.930.9-0.39-0.90.810.450.920.530.940.910.830.860.830.930.750.770.980.990.920.290.86
1.00.930.920.920.920.85-0.7-0.770.690.740.820.370.910.880.980.810.590.920.610.60.970.941.00.590.99
0.930.920.930.930.920.98-0.45-0.950.90.510.970.690.990.90.860.830.760.920.860.850.950.940.920.440.88
0.870.920.90.90.850.98-0.34-0.980.950.410.990.780.990.910.770.860.780.920.930.890.910.920.850.390.79
-0.67-0.52-0.38-0.39-0.7-0.45-0.340.17-0.2-1.0-0.250.11-0.43-0.45-0.8-0.470.04-0.51-0.050.0-0.52-0.44-0.69-0.81-0.78
-0.79-0.86-0.88-0.9-0.77-0.95-0.980.17-0.97-0.24-0.99-0.84-0.95-0.87-0.66-0.82-0.87-0.86-0.96-0.95-0.88-0.9-0.77-0.19-0.69
0.720.790.760.810.690.90.95-0.2-0.970.260.950.890.920.810.590.830.850.80.970.940.80.820.70.20.62
0.720.580.440.450.740.510.41-1.0-0.240.260.31-0.050.490.510.830.530.020.580.110.050.580.50.740.820.82
0.840.890.910.920.820.970.99-0.25-0.990.950.310.780.980.890.730.830.840.890.940.920.910.920.830.290.75
0.390.520.50.530.370.690.780.11-0.840.89-0.050.780.690.540.240.560.710.530.950.90.520.540.370.020.28
0.920.950.930.940.910.990.99-0.43-0.950.920.490.980.690.940.840.880.780.950.870.840.950.960.910.440.86
0.890.990.910.910.880.90.91-0.45-0.870.810.510.890.540.940.810.950.660.990.770.670.920.950.880.420.83
0.970.870.840.830.980.860.77-0.8-0.660.590.830.730.240.840.810.740.450.860.490.480.890.860.980.691.0
0.830.940.820.860.810.830.86-0.47-0.820.830.530.830.560.880.950.740.680.940.750.630.870.90.820.380.77
0.620.640.760.830.590.760.780.04-0.870.850.020.840.710.780.660.450.680.650.820.90.750.780.6-0.160.49
0.941.00.940.930.920.920.92-0.51-0.860.80.580.890.530.950.990.860.940.650.760.670.950.970.930.490.88
0.630.750.730.750.610.860.93-0.05-0.960.970.110.940.950.870.770.490.750.820.760.950.740.770.610.160.52
0.620.660.730.770.60.850.890.0-0.950.940.050.920.90.840.670.480.630.90.670.950.740.740.610.020.52
0.970.950.970.980.970.950.91-0.52-0.880.80.580.910.520.950.920.890.870.750.950.740.740.990.970.420.92
0.950.970.990.990.940.940.92-0.44-0.90.820.50.920.540.960.950.860.90.780.970.770.740.990.940.370.88
1.00.930.920.921.00.920.85-0.69-0.770.70.740.830.370.910.880.980.820.60.930.610.610.970.940.590.99
0.570.50.340.290.590.440.39-0.81-0.190.20.820.290.020.440.420.690.38-0.160.490.160.020.420.370.590.67
0.980.890.860.860.990.880.79-0.78-0.690.620.820.750.280.860.831.00.770.490.880.520.520.920.880.990.67
Click cells to compare fundamentals

Nyxoah Account Relationship Matchups

Nyxoah fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2M114.1M170.8M146.1M124.2M94.2M
Short Long Term Debt Total8.6M11.5M11.7M11.9M12.7M10.6M
Other Current Liab1.7M4.5M5.2M8.3M7.1M4.5M
Total Current Liabilities3.6M6.4M11.6M14.9M14.4M8.6M
Total Stockholder Equity3.7M97.2M148.6M120.3M98.1M75.9M
Net Tangible Assets10.5M667K96.6M148.1M170.3M178.8M
Property Plant And Equipment Net1.4M4.0M5.2M5.6M8.0M8.4M
Net Debt2.7M(80.8M)(123.8M)(6.0M)(8.9M)(9.4M)
Retained Earnings(47.1M)(60.3M)(87.2M)(118.2M)(160.8M)(152.8M)
Accounts Payable1.2M815K2.4M1.9M4.1M4.3M
Cash5.9M92.3M135.5M17.9M21.6M20.5M
Non Current Assets Total7.2M20.0M30.8M45.8M55.8M58.6M
Non Currrent Assets Other78K(1K)164K173K47.3M49.7M
Other Assets97K5.5M15.4M25.0M28.7M30.2M
Long Term Debt7.1M7.6M7.8M8.2M8.4M7.8M
Cash And Short Term Investments5.9M92.3M135.5M94.9M57.7M64.9M
Net Receivables2.1M1.6M2.5M1.8M2.8M1.9M
Common Stock Shares Outstanding21.4M18.1M23.8M25.8M28.0M25.0M
Liabilities And Stockholders Equity15.2M114.1M170.8M146.1M124.2M94.2M
Non Current Liabilities Total7.9M10.5M10.6M10.8M11.7M9.7M
Capital Lease Obligations1.1M3.3M3.3M3.3M4.0M2.4M
Other Current Assets11K109K1.7M2.7M4.5M4.8M
Other Stockholder Equity46.7M153.6M231.2M233.9M253.9M157.2M
Total Liab11.5M16.9M22.2M25.7M26.1M18.3M
Net Invested Capital11.2M105.4M157.0M128.9M106.8M84.1M
Short Long Term Debt378K616K554K388K364K468.9K
Total Current Assets8.0M94.1M140.1M100.3M68.4M69.0M
Accumulated Other Comprehensive Income207K149K202K176K137K152.9K
Net Working Capital4.4M87.7M128.5M85.3M53.9M60.4M
Short Term Debt718K1.1M1.1M1.1M1.2M935K
Property Plant Equipment1.4M4.0M5.2M5.6M6.5M6.8M

Currently Active Assets on Macroaxis

When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah'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 Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Health Care Equipment & Supplies 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 Nyxoah. If investors know Nyxoah 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 Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Revenue Per Share
0.166
Quarterly Revenue Growth
0.297
Return On Assets
(0.23)
Return On Equity
(0.50)
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah'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 Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah'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 Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah'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.