InflaRx Accounts Payable vs Net Tangible Assets Analysis

IFRX Stock  USD 2.36  0.05  2.16%   
InflaRx NV financial indicator trend analysis is infinitely more than just investigating InflaRx NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InflaRx NV is a good investment. Please check the relationship between InflaRx NV Accounts Payable and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InflaRx NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy InflaRx Stock please use our How to Invest in InflaRx NV guide.

Accounts Payable vs Net Tangible Assets

Accounts Payable vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InflaRx NV Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between InflaRx NV's Accounts Payable and Net Tangible Assets is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of InflaRx NV, assuming nothing else is changed. The correlation between historical values of InflaRx NV's Accounts Payable and Net Tangible 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 Accounts Payable of InflaRx NV are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., InflaRx NV's Accounts Payable and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents InflaRx NV 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 InflaRx NV 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from InflaRx NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InflaRx NV 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InflaRx NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy InflaRx Stock please use our How to Invest in InflaRx NV guide.Sales General And Administrative To Revenue is likely to rise to 212.95 in 2024, whereas Selling General Administrative is likely to drop slightly above 10.1 M in 2024.

InflaRx NV fundamental ratios Correlations

-0.760.530.830.990.680.980.74-0.58-0.70.760.590.460.270.980.60.940.38-0.76-0.760.320.480.91-0.510.40.56
-0.76-0.45-0.7-0.84-0.55-0.84-0.670.330.65-0.63-0.34-0.38-0.22-0.73-0.54-0.83-0.351.01.0-0.31-0.47-0.80.91-0.33-0.52
0.53-0.450.790.50.310.540.840.08-0.770.24-0.060.82-0.170.370.510.610.81-0.47-0.460.260.940.73-0.130.790.56
0.83-0.70.790.80.520.820.97-0.15-0.90.730.160.75-0.080.710.720.910.74-0.71-0.70.420.730.95-0.340.680.73
0.99-0.840.50.80.691.00.72-0.59-0.680.750.60.430.30.980.570.950.34-0.84-0.840.30.460.9-0.630.370.53
0.68-0.550.310.520.690.680.5-0.08-0.440.560.080.22-0.310.690.480.590.39-0.54-0.540.230.230.59-0.410.170.39
0.98-0.840.540.821.00.680.75-0.57-0.710.770.580.430.290.960.590.960.4-0.84-0.840.320.50.93-0.620.370.55
0.74-0.670.840.970.720.50.75-0.01-0.90.670.020.7-0.210.620.670.850.77-0.68-0.670.330.830.91-0.310.630.68
-0.580.330.08-0.15-0.59-0.08-0.57-0.01-0.02-0.27-1.00.03-0.88-0.670.09-0.440.40.320.330.120.08-0.310.360.040.11
-0.70.65-0.77-0.9-0.68-0.44-0.71-0.9-0.02-0.680.0-0.620.14-0.59-0.9-0.81-0.820.670.66-0.67-0.76-0.90.31-0.56-0.9
0.76-0.630.240.730.750.560.770.67-0.27-0.680.280.140.030.760.690.810.43-0.64-0.640.480.220.78-0.410.060.64
0.59-0.34-0.060.160.60.080.580.02-1.00.00.28-0.020.880.67-0.080.46-0.38-0.33-0.34-0.12-0.060.32-0.36-0.03-0.1
0.46-0.380.820.750.430.220.430.70.03-0.620.14-0.02-0.130.290.420.510.64-0.4-0.390.240.680.6-0.071.00.48
0.27-0.22-0.17-0.080.3-0.310.29-0.21-0.880.140.030.88-0.130.34-0.190.19-0.48-0.22-0.22-0.07-0.160.09-0.35-0.11-0.17
0.98-0.730.370.710.980.690.960.62-0.67-0.590.760.670.290.340.510.890.22-0.73-0.730.260.340.83-0.530.230.46
0.6-0.540.510.720.570.480.590.670.09-0.90.69-0.080.42-0.190.510.640.73-0.55-0.540.90.430.74-0.250.370.99
0.94-0.830.610.910.950.590.960.85-0.44-0.810.810.460.510.190.890.640.53-0.83-0.830.340.610.98-0.560.440.61
0.38-0.350.810.740.340.390.40.770.4-0.820.43-0.380.64-0.480.220.730.53-0.37-0.350.560.720.68-0.020.60.75
-0.761.0-0.47-0.71-0.84-0.54-0.84-0.680.320.67-0.64-0.33-0.4-0.22-0.73-0.55-0.83-0.371.0-0.32-0.48-0.810.9-0.34-0.53
-0.761.0-0.46-0.7-0.84-0.54-0.84-0.670.330.66-0.64-0.34-0.39-0.22-0.73-0.54-0.83-0.351.0-0.31-0.47-0.80.9-0.33-0.52
0.32-0.310.260.420.30.230.320.330.12-0.670.48-0.120.24-0.070.260.90.340.56-0.32-0.310.140.45-0.110.220.91
0.48-0.470.940.730.460.230.50.830.08-0.760.22-0.060.68-0.160.340.430.610.72-0.48-0.470.140.7-0.190.640.46
0.91-0.80.730.950.90.590.930.91-0.31-0.90.780.320.60.090.830.740.980.68-0.81-0.80.450.7-0.50.530.72
-0.510.91-0.13-0.34-0.63-0.41-0.62-0.310.360.31-0.41-0.36-0.07-0.35-0.53-0.25-0.56-0.020.90.9-0.11-0.19-0.5-0.03-0.22
0.4-0.330.790.680.370.170.370.630.04-0.560.06-0.031.0-0.110.230.370.440.6-0.34-0.330.220.640.53-0.030.43
0.56-0.520.560.730.530.390.550.680.11-0.90.64-0.10.48-0.170.460.990.610.75-0.53-0.520.910.460.72-0.220.43
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InflaRx NV Account Relationship Matchups

InflaRx NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets121.6M88.2M125.1M102.4M120.2M106.8M
Short Long Term Debt Total846.0K559.0K1.4M1.4M1.1M1.1M
Other Current Liab1.1M117.7K8.4M7.7M4.5M2.8M
Total Current Liabilities14.1M10.1M18.8M13.0M16.8M10.7M
Total Stockholder Equity107.1M77.9M105.3M88.3M102.7M86.6M
Other Liab67.9K39.0K33.3K35.0K40.3K37.6K
Net Tangible Assets151.2M106.7M77.5M105.0M120.8M81.2M
Property Plant And Equipment Net1.4M955.0K1.7M1.6M1.4M988.9K
Net Debt(32.3M)(25.4M)(24.8M)(14.9M)(11.6M)(12.2M)
Retained Earnings(134.4M)(168.3M)(214.0M)(243.5M)(286.1M)(271.8M)
Accounts Payable12.4M8.3M1.7M5.0M12.0M6.4M
Cash33.1M26.0M26.2M16.3M12.8M12.1M
Non Current Assets Total2.6M1.9M29.5M5.0M10.7M6.3M
Non Currrent Assets Other452.2K353.5K336.6K308.1K283.2K381.2K
Other Assets(2.0)353.5K336.6K(8.9K)(8.0K)(7.6K)
Cash And Short Term Investments115.5M81.1M83.4M81.8M90.3M93.4M
Common Stock Total Equity2.9M3.1M3.1M3.4M3.9M2.3M
Common Stock Shares Outstanding26.0M27.1M41.6M44.2M54.9M33.6M
Short Term Investments82.4M55.2M57.2M65.5M77.5M53.6M
Liabilities And Stockholders Equity121.6M88.2M125.1M102.4M120.2M106.8M
Non Current Liabilities Total369.8K253.8K1.1M1.0M782.6K743.5K
Capital Lease Obligations845.9K559.0K1.4M1.4M1.1M649.5K
Other Current Assets1.3M3.7M11.0M14.2M4.0M4.3M
Other Stockholder Equity213.2M216.6M283.4M289.8M341.7M210.9M
Total Liab14.4M10.4M19.9M14.1M17.6M14.7M
Long Term Investments272.6K272.3K27.2M2.9M9.1M4.9M
Property Plant And Equipment Gross1.4M955.0K1.7M1.6M4.3M4.5M
Total Current Assets119.0M86.3M95.7M97.4M109.5M100.6M
Accumulated Other Comprehensive Income25.1M26.3M30.6M36.6M40.1M30.9M
Non Current Liabilities Other(1.0)33.3K35.0K36.9K42.4K44.5K
Short Term Debt515.2K338.5K366.2K369.4K374.3K275.1K
Intangible Assets452.4K350.2K235.2K138.9K42.8K40.7K
Common Stock3.1M3.4M5.3M5.4M7.1M3.7M
Property Plant Equipment624.7K1.4M955.0K1.7M1.9M2.0M
Net Invested Capital107.1M77.9M105.3M88.3M102.6M85.9M

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