Nexgel Historical Balance Sheet

NXGL Stock  USD 3.52  0.09  2.49%   
Trend analysis of Nexgel Inc balance sheet accounts such as Total Stockholder Equity of 3.7 M provides information on Nexgel's total assets, liabilities, and equity, which is the actual value of Nexgel Inc to its prevalent stockholders. By breaking down trends over time using Nexgel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Nexgel Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nexgel Inc is a good buy for the upcoming year.

Nexgel Inventory

1.38 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Nexgel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Nexgel Inc at a specified time, usually calculated after every quarter, six months, or one year. Nexgel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nexgel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nexgel currently owns. An asset can also be divided into two categories, current and non-current.

Nexgel Balance Sheet Chart

At this time, Nexgel's Non Current Liabilities Total is quite stable compared to the past year. Inventory is expected to rise to about 1.4 M this year, although the value of Total Current Liabilities will most likely fall to about 1.3 M.

Total Assets

Total assets refers to the total amount of Nexgel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nexgel Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Nexgel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nexgel Inc 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Nexgel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nexgel Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Nexgel's Non Current Liabilities Total is quite stable compared to the past year. Inventory is expected to rise to about 1.4 M this year, although the value of Total Current Liabilities will most likely fall to about 1.3 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities380K113K738K774.9K
Total Assets17.0M10.4M10.0M6.1M

Nexgel balance sheet Correlations

0.430.880.980.890.370.71-0.950.55-0.10.850.490.440.850.98-0.68-0.590.94-0.940.920.99-0.79-0.280.950.970.76
0.430.60.330.560.820.84-0.470.91-0.130.670.910.840.740.34-0.39-0.640.65-0.550.470.4-0.46-0.890.30.590.43
0.880.60.770.880.610.77-0.750.630.150.830.580.510.90.82-0.73-0.70.83-0.80.880.82-0.8-0.390.720.920.82
0.980.330.770.790.210.61-0.940.44-0.20.770.380.340.760.99-0.58-0.470.92-0.90.830.99-0.7-0.190.990.930.72
0.890.560.880.790.630.85-0.880.720.020.910.70.570.880.79-0.71-0.680.86-0.940.980.81-0.86-0.430.730.850.61
0.370.820.610.210.630.88-0.420.90.210.770.910.820.790.25-0.68-0.850.55-0.510.590.3-0.73-0.870.180.490.43
0.710.840.770.610.850.88-0.780.960.010.950.950.830.950.62-0.72-0.830.86-0.820.830.67-0.85-0.830.580.780.6
-0.95-0.47-0.75-0.94-0.88-0.42-0.78-0.640.19-0.89-0.61-0.57-0.84-0.930.680.62-0.960.98-0.91-0.940.790.4-0.93-0.9-0.63
0.550.910.630.440.720.90.96-0.64-0.140.850.990.90.840.44-0.6-0.780.76-0.710.670.5-0.7-0.920.410.640.41
-0.1-0.130.15-0.20.020.210.010.19-0.140.04-0.08-0.170.08-0.14-0.28-0.19-0.220.190.09-0.14-0.20.11-0.22-0.070.38
0.850.670.830.770.910.770.95-0.890.850.040.820.750.980.78-0.85-0.870.92-0.90.930.82-0.95-0.670.750.870.71
0.490.910.580.380.70.910.95-0.610.99-0.080.820.910.810.38-0.57-0.770.71-0.680.640.44-0.67-0.920.350.580.37
0.440.840.510.340.570.820.83-0.570.9-0.170.750.910.730.35-0.64-0.840.65-0.640.540.41-0.6-0.850.330.530.29
0.850.740.90.760.880.790.95-0.840.840.080.980.810.730.78-0.82-0.860.92-0.860.890.82-0.91-0.690.740.910.79
0.980.340.820.990.790.250.62-0.930.44-0.140.780.380.350.78-0.63-0.520.92-0.880.841.0-0.72-0.20.990.950.77
-0.68-0.39-0.73-0.58-0.71-0.68-0.720.68-0.6-0.28-0.85-0.57-0.64-0.82-0.630.94-0.680.68-0.8-0.650.930.45-0.58-0.69-0.65
-0.59-0.64-0.7-0.47-0.68-0.85-0.830.62-0.78-0.19-0.87-0.77-0.84-0.86-0.520.94-0.690.65-0.73-0.560.870.7-0.46-0.65-0.58
0.940.650.830.920.860.550.86-0.960.76-0.220.920.710.650.920.92-0.68-0.69-0.950.870.94-0.8-0.560.90.960.71
-0.94-0.55-0.8-0.9-0.94-0.51-0.820.98-0.710.19-0.9-0.68-0.64-0.86-0.880.680.65-0.95-0.94-0.90.80.44-0.86-0.89-0.58
0.920.470.880.830.980.590.83-0.910.670.090.930.640.540.890.84-0.8-0.730.87-0.940.85-0.92-0.380.780.870.68
0.990.40.820.990.810.30.67-0.940.5-0.140.820.440.410.821.0-0.65-0.560.94-0.90.85-0.75-0.270.990.960.79
-0.79-0.46-0.8-0.7-0.86-0.73-0.850.79-0.7-0.2-0.95-0.67-0.6-0.91-0.720.930.87-0.80.8-0.92-0.750.52-0.68-0.78-0.69
-0.28-0.89-0.39-0.19-0.43-0.87-0.830.4-0.920.11-0.67-0.92-0.85-0.69-0.20.450.7-0.560.44-0.38-0.270.52-0.19-0.43-0.32
0.950.30.720.990.730.180.58-0.930.41-0.220.750.350.330.740.99-0.58-0.460.9-0.860.780.99-0.68-0.190.910.72
0.970.590.920.930.850.490.78-0.90.64-0.070.870.580.530.910.95-0.69-0.650.96-0.890.870.96-0.78-0.430.910.84
0.760.430.820.720.610.430.6-0.630.410.380.710.370.290.790.77-0.65-0.580.71-0.580.680.79-0.69-0.320.720.84
Click cells to compare fundamentals

Nexgel Account Relationship Matchups

Nexgel balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.3M17.0M10.4M10.0M6.1M
Other Current Liab69K213K380K113K738K774.9K
Total Current Liabilities800K1.3M2.9M859K2.5M1.3M
Total Stockholder Equity380K71K12.1M7.6M4.7M3.7M
Property Plant And Equipment Net1.2M1.4M2.6M2.5M3.4M1.7M
Accounts Payable510K658K254K265K1.2M1.3M
Non Current Assets Total1.4M1.9M3.1M2.9M4.9M5.1M
Net Receivables102K73K209K222K633K664.7K
Common Stock Shares Outstanding13.6M104.3M5.6M5.6M5.7M5.4M
Liabilities And Stockholders Equity1.9M2.3M17.0M10.4M10.0M6.1M
Non Current Liabilities Total710K854K2.0M1.9M2.2M2.4M
Inventory113K233K291K502K1.3M1.4M
Total Liab1.5M2.2M4.9M2.7M4.8M5.0M
Total Current Assets513K363K13.9M7.5M5.1M3.9M
Common Stock281K57K99K6K5.4K5.1K
Net Tangible Assets380K(287K)11.7M7.3M8.4M8.8M
Property Plant Equipment1.2M1.4M2.6M2.5M2.8M1.5M
Net Invested Capital380K543K14.4M7.9M5.5M5.3M
Net Working Capital(287K)(969K)11.0M6.6M2.5M3.5M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Nexgel Inc is a strong investment it is important to analyze Nexgel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nexgel's future performance. For an informed investment choice regarding Nexgel Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexgel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 Nexgel. If investors know Nexgel 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 Nexgel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
0.846
Quarterly Revenue Growth
0.234
Return On Assets
(0.23)
Return On Equity
(0.64)
The market value of Nexgel Inc is measured differently than its book value, which is the value of Nexgel that is recorded on the company's balance sheet. Investors also form their own opinion of Nexgel's value that differs from its market value or its book value, called intrinsic value, which is Nexgel'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 Nexgel's market value can be influenced by many factors that don't directly affect Nexgel'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 Nexgel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexgel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexgel'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.