NewAmsterdam Non Current Assets Total vs Cash Analysis
NAMS Stock | 19.85 0.95 4.57% |
NewAmsterdam Pharma financial indicator trend analysis is infinitely more than just investigating NewAmsterdam Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NewAmsterdam Pharma is a good investment. Please check the relationship between NewAmsterdam Pharma Non Current Assets Total and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewAmsterdam Pharma Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between NewAmsterdam Pharma's Non Current Assets Total and Cash is 0.71. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of NewAmsterdam Pharma, assuming nothing else is changed. The correlation between historical values of NewAmsterdam Pharma's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of NewAmsterdam Pharma are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., NewAmsterdam Pharma's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash
Cash refers to the most liquid asset of NewAmsterdam Pharma, which is listed under current asset account on NewAmsterdam Pharma balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NewAmsterdam Pharma customers. The amounts must be unrestricted with restricted cash listed in a different NewAmsterdam Pharma account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from NewAmsterdam Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NewAmsterdam Pharma 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 NewAmsterdam Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy NewAmsterdam Stock please use our How to Invest in NewAmsterdam Pharma guide.At this time, NewAmsterdam Pharma's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 514.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 216K | 271K | 6.8M | 7.1M | Depreciation And Amortization | 4.4K | 8.4K | 49K | 51.5K |
NewAmsterdam Pharma fundamental ratios Correlations
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NewAmsterdam Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running NewAmsterdam Pharma's price analysis, check to measure NewAmsterdam Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewAmsterdam Pharma is operating at the current time. Most of NewAmsterdam Pharma's value examination focuses on studying past and present price action to predict the probability of NewAmsterdam Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewAmsterdam Pharma's price. Additionally, you may evaluate how the addition of NewAmsterdam Pharma to your portfolios can decrease your overall portfolio volatility.