InflaRx Other Current Assets vs Accounts Payable 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 Other Current Assets and its Accounts Payable 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.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InflaRx NV Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between InflaRx NV's Other Current Assets and Accounts Payable is 0.22. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable 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 Other Current Assets 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 Other Current Assets of InflaRx NV 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 Other Current Assets i.e., InflaRx NV's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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.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
Click cells to compare fundamentals
InflaRx NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InflaRx NV fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 121.6M | 88.2M | 125.1M | 102.4M | 120.2M | 106.8M | |
Short Long Term Debt Total | 846.0K | 559.0K | 1.4M | 1.4M | 1.1M | 1.1M | |
Other Current Liab | 1.1M | 117.7K | 8.4M | 7.7M | 4.5M | 2.8M | |
Total Current Liabilities | 14.1M | 10.1M | 18.8M | 13.0M | 16.8M | 10.7M | |
Total Stockholder Equity | 107.1M | 77.9M | 105.3M | 88.3M | 102.7M | 86.6M | |
Other Liab | 67.9K | 39.0K | 33.3K | 35.0K | 40.3K | 37.6K | |
Net Tangible Assets | 151.2M | 106.7M | 77.5M | 105.0M | 120.8M | 81.2M | |
Property Plant And Equipment Net | 1.4M | 955.0K | 1.7M | 1.6M | 1.4M | 988.9K | |
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 Payable | 12.4M | 8.3M | 1.7M | 5.0M | 12.0M | 6.4M | |
Cash | 33.1M | 26.0M | 26.2M | 16.3M | 12.8M | 12.1M | |
Non Current Assets Total | 2.6M | 1.9M | 29.5M | 5.0M | 10.7M | 6.3M | |
Non Currrent Assets Other | 452.2K | 353.5K | 336.6K | 308.1K | 283.2K | 381.2K | |
Other Assets | (2.0) | 353.5K | 336.6K | (8.9K) | (8.0K) | (7.6K) | |
Cash And Short Term Investments | 115.5M | 81.1M | 83.4M | 81.8M | 90.3M | 93.4M | |
Common Stock Total Equity | 2.9M | 3.1M | 3.1M | 3.4M | 3.9M | 2.3M | |
Common Stock Shares Outstanding | 26.0M | 27.1M | 41.6M | 44.2M | 54.9M | 33.6M | |
Short Term Investments | 82.4M | 55.2M | 57.2M | 65.5M | 77.5M | 53.6M | |
Liabilities And Stockholders Equity | 121.6M | 88.2M | 125.1M | 102.4M | 120.2M | 106.8M | |
Non Current Liabilities Total | 369.8K | 253.8K | 1.1M | 1.0M | 782.6K | 743.5K | |
Capital Lease Obligations | 845.9K | 559.0K | 1.4M | 1.4M | 1.1M | 649.5K | |
Other Current Assets | 1.3M | 3.7M | 11.0M | 14.2M | 4.0M | 4.3M | |
Other Stockholder Equity | 213.2M | 216.6M | 283.4M | 289.8M | 341.7M | 210.9M | |
Total Liab | 14.4M | 10.4M | 19.9M | 14.1M | 17.6M | 14.7M | |
Long Term Investments | 272.6K | 272.3K | 27.2M | 2.9M | 9.1M | 4.9M | |
Property Plant And Equipment Gross | 1.4M | 955.0K | 1.7M | 1.6M | 4.3M | 4.5M | |
Total Current Assets | 119.0M | 86.3M | 95.7M | 97.4M | 109.5M | 100.6M | |
Accumulated Other Comprehensive Income | 25.1M | 26.3M | 30.6M | 36.6M | 40.1M | 30.9M | |
Non Current Liabilities Other | (1.0) | 33.3K | 35.0K | 36.9K | 42.4K | 44.5K | |
Short Term Debt | 515.2K | 338.5K | 366.2K | 369.4K | 374.3K | 275.1K | |
Intangible Assets | 452.4K | 350.2K | 235.2K | 138.9K | 42.8K | 40.7K | |
Common Stock | 3.1M | 3.4M | 5.3M | 5.4M | 7.1M | 3.7M | |
Property Plant Equipment | 624.7K | 1.4M | 955.0K | 1.7M | 1.9M | 2.0M | |
Net Invested Capital | 107.1M | 77.9M | 105.3M | 88.3M | 102.6M | 85.9M |
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