Nyxoah Property Plant Equipment vs Accounts Payable Analysis
NYXH Stock | USD 8.22 0.21 2.49% |
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 Property Plant Equipment and its Accounts Payable 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.
Property Plant Equipment vs Accounts Payable
Property Plant Equipment vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nyxoah's Property Plant Equipment and Accounts Payable is 0.91. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Nyxoah are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Nyxoah's Property Plant Equipment and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Accounts Payable
An accounting item on the balance sheet that represents Nyxoah 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 Nyxoah 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. 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.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 Expenses | 26.8M | 34.4M | 47.8M | 50.2M | Cost Of Revenue | 303K | 1.2M | 1.7M | 937.7K |
Nyxoah fundamental ratios Correlations
Click cells to compare fundamentals
Nyxoah Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nyxoah fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Short Long Term Debt Total | 8.6M | 11.5M | 11.7M | 11.9M | 12.7M | 10.6M | |
Other Current Liab | 1.7M | 4.5M | 5.2M | 8.3M | 7.1M | 4.5M | |
Total Current Liabilities | 3.6M | 6.4M | 11.6M | 14.9M | 14.4M | 8.6M | |
Total Stockholder Equity | 3.7M | 97.2M | 148.6M | 120.3M | 98.1M | 75.9M | |
Net Tangible Assets | 10.5M | 667K | 96.6M | 148.1M | 170.3M | 178.8M | |
Property Plant And Equipment Net | 1.4M | 4.0M | 5.2M | 5.6M | 8.0M | 8.4M | |
Net Debt | 2.7M | (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 Payable | 1.2M | 815K | 2.4M | 1.9M | 4.1M | 4.3M | |
Cash | 5.9M | 92.3M | 135.5M | 17.9M | 21.6M | 20.5M | |
Non Current Assets Total | 7.2M | 20.0M | 30.8M | 45.8M | 55.8M | 58.6M | |
Non Currrent Assets Other | 78K | (1K) | 164K | 173K | 46.2M | 48.5M | |
Other Assets | 97K | 5.5M | 15.4M | 25.0M | 28.7M | 30.2M | |
Long Term Debt | 7.1M | 7.6M | 7.8M | 8.2M | 8.4M | 7.8M | |
Cash And Short Term Investments | 5.9M | 92.3M | 135.5M | 94.9M | 57.7M | 64.9M | |
Net Receivables | 2.1M | 1.6M | 2.5M | 1.8M | 2.8M | 1.9M | |
Common Stock Shares Outstanding | 21.4M | 18.1M | 23.8M | 25.8M | 28.0M | 25.0M | |
Liabilities And Stockholders Equity | 15.2M | 114.1M | 170.8M | 146.1M | 124.2M | 94.2M | |
Non Current Liabilities Total | 7.9M | 10.5M | 10.6M | 10.8M | 11.7M | 9.7M | |
Capital Lease Obligations | 1.1M | 3.3M | 3.3M | 3.3M | 4.0M | 2.4M | |
Other Current Assets | 11K | 109K | 1.7M | 2.7M | 4.5M | 4.8M | |
Other Stockholder Equity | 46.7M | 153.6M | 231.2M | 233.9M | 253.9M | 157.2M | |
Total Liab | 11.5M | 16.9M | 22.2M | 25.7M | 26.1M | 18.3M | |
Net Invested Capital | 11.2M | 105.4M | 157.0M | 128.9M | 106.8M | 84.1M | |
Short Long Term Debt | 378K | 616K | 554K | 388K | 364K | 468.9K | |
Total Current Assets | 8.0M | 94.1M | 140.1M | 100.3M | 68.4M | 69.0M | |
Accumulated Other Comprehensive Income | 207K | 149K | 202K | 176K | 137K | 152.9K | |
Net Working Capital | 4.4M | 87.7M | 128.5M | 85.3M | 53.9M | 60.4M | |
Short Term Debt | 718K | 1.1M | 1.1M | 1.1M | 1.2M | 935K | |
Property Plant Equipment | 1.4M | 4.0M | 5.2M | 5.6M | 6.5M | 6.8M |
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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 (1.82) | 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.