NextCure Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

NXTC Stock  USD 1.17  0.03  2.50%   
NextCure financial indicator trend analysis is infinitely more than just investigating NextCure recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextCure is a good investment. Please check the relationship between NextCure Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextCure Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NextCure's Ev To Free Cash Flow and Free Cash Flow Yield is -0.37. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of NextCure, assuming nothing else is changed. The correlation between historical values of NextCure's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of NextCure are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., NextCure's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from NextCure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextCure 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 NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 1.25, whereas Selling General Administrative is forecasted to decline to about 14.9 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation7.2M4.1M3.9M3.7M
Total Operating Expenses70.8M75.9M67.6M56.6M

NextCure fundamental ratios Correlations

0.720.940.930.950.450.930.770.6-0.27-0.540.70.310.850.640.780.861.00.820.710.86-0.250.830.260.790.63
0.720.890.590.810.020.850.830.170.13-0.860.65-0.070.840.850.530.840.70.950.910.84-0.560.950.640.920.88
0.940.890.820.970.190.980.870.37-0.03-0.730.750.080.920.780.720.920.940.950.880.92-0.50.960.470.910.82
0.930.590.820.80.660.790.670.79-0.47-0.480.690.520.790.640.780.780.930.70.550.780.00.710.320.580.46
0.950.810.970.80.170.990.790.380.05-0.590.660.00.860.660.770.930.940.890.80.93-0.550.90.30.860.72
0.450.020.190.660.170.150.020.95-0.860.10.150.870.120.070.370.20.460.05-0.120.20.680.07-0.170.02-0.18
0.930.850.980.790.990.150.80.360.06-0.660.66-0.010.870.730.730.950.920.940.840.95-0.570.950.380.880.77
0.770.830.870.670.790.020.80.11-0.08-0.820.950.140.970.870.60.670.750.870.940.67-0.410.880.660.810.92
0.60.170.370.790.380.950.360.11-0.690.00.20.710.270.190.550.450.620.230.00.450.440.24-0.090.14-0.09
-0.270.13-0.03-0.470.05-0.860.06-0.08-0.69-0.1-0.29-1.0-0.09-0.07-0.170.12-0.280.070.090.12-0.850.070.140.080.09
-0.54-0.86-0.73-0.48-0.590.1-0.66-0.820.0-0.1-0.690.04-0.78-0.9-0.23-0.62-0.52-0.85-0.88-0.620.45-0.83-0.9-0.76-0.87
0.70.650.750.690.660.150.660.950.2-0.29-0.690.350.930.830.640.520.690.730.80.52-0.180.740.610.610.79
0.31-0.070.080.520.00.87-0.010.140.71-1.00.040.350.150.140.21-0.070.32-0.01-0.04-0.070.82-0.01-0.07-0.04-0.04
0.850.840.920.790.860.120.870.970.27-0.09-0.780.930.150.890.740.790.840.90.890.79-0.430.910.640.780.85
0.640.850.780.640.660.070.730.870.19-0.07-0.90.830.140.890.510.710.620.90.880.71-0.360.890.820.70.87
0.780.530.720.780.770.370.730.60.55-0.17-0.230.640.210.740.510.750.780.60.460.75-0.260.630.130.460.39
0.860.840.920.780.930.20.950.670.450.12-0.620.52-0.070.790.710.750.850.90.721.0-0.560.90.410.780.63
1.00.70.940.930.940.460.920.750.62-0.28-0.520.690.320.840.620.780.850.810.70.85-0.240.820.240.780.61
0.820.950.950.70.890.050.940.870.230.07-0.850.73-0.010.90.90.60.90.810.950.9-0.561.00.610.910.91
0.710.910.880.550.8-0.120.840.940.00.09-0.880.8-0.040.890.880.460.720.70.950.72-0.560.940.640.920.99
0.860.840.920.780.930.20.950.670.450.12-0.620.52-0.070.790.710.751.00.850.90.72-0.560.90.410.780.63
-0.25-0.56-0.50.0-0.550.68-0.57-0.410.44-0.850.45-0.180.82-0.43-0.36-0.26-0.56-0.24-0.56-0.56-0.56-0.56-0.35-0.54-0.53
0.830.950.960.710.90.070.950.880.240.07-0.830.74-0.010.910.890.630.90.821.00.940.9-0.560.590.920.9
0.260.640.470.320.3-0.170.380.66-0.090.14-0.90.61-0.070.640.820.130.410.240.610.640.41-0.350.590.420.65
0.790.920.910.580.860.020.880.810.140.08-0.760.61-0.040.780.70.460.780.780.910.920.78-0.540.920.420.88
0.630.880.820.460.72-0.180.770.92-0.090.09-0.870.79-0.040.850.870.390.630.610.910.990.63-0.530.90.650.88
Click cells to compare fundamentals

NextCure Account Relationship Matchups

NextCure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets356.2M306.6M242.4M184.2M128.0M217.6M
Short Long Term Debt Total587K5.1M3.5M7.1M6.6M4.4M
Other Current Liab5.0M4.8M4.7M4.3M3.9M4.2M
Total Current Liabilities15.0M10.3M6.6M9.1M6.9M9.6M
Total Stockholder Equity321.5M293.7M233.4M167.5M114.4M166.4M
Other Liab16.3M792K2.4M899K809.1K768.6K
Net Tangible Assets321.5M293.7M233.4M167.5M192.7M173.2M
Property Plant And Equipment Net12.1M15.8M14.0M16.9M13.4M14.7M
Net Debt(29.0M)(29.3M)(12.3M)(19.5M)(6.5M)(6.8M)
Retained Earnings(81.0M)(117.6M)(187.0M)(261.8M)(324.5M)(308.3M)
Accounts Payable1.9M3.9M1.9M4.3M2.3M2.8M
Cash34.1M32.8M12.3M26.6M13.1M12.4M
Non Current Assets Total16.2M18.7M14.6M20.2M15.3M16.8M
Non Currrent Assets Other750K1.1M577K1.7M1.9M1.0M
Other Assets436K4.1M2.9M577K3.3M0.0
Cash And Short Term Investments334.6M283.4M219.6M159.9M108.3M196.3M
Common Stock Shares Outstanding15.7M27.5M27.6M27.7M27.8M23.0M
Short Term Investments300.5M250.7M207.3M133.3M95.2M155.1M
Liabilities And Stockholders Equity356.2M306.6M242.4M184.2M128.0M217.6M
Non Current Liabilities Total19.6M2.6M2.4M7.5M6.7M6.4M
Capital Surpluse402.5M410.6M421.0M430.8M495.4M305.3M
Capital Lease Obligations127K135K0.07.1M6.6M6.9M
Other Current Assets3.7M4.5M8.2M4.1M4.4M4.0M
Other Stockholder Equity46.4M410.6M421.0M430.8M439.1M275.2M
Total Liab34.7M12.9M9M16.6M13.6M12.9M
Net Invested Capital326.5M297.2M233.4M167.5M114.4M168.0M
Property Plant And Equipment Gross12.1M15.8M26.7M33.5M33.7M22.5M
Total Current Assets340.0M288.0M227.8M164.0M112.7M200.8M
Accumulated Other Comprehensive Income(38K)779K(663K)(1.5M)(222K)(233.1K)
Net Working Capital325.0M277.7M221.2M154.9M105.8M191.1M
Short Term Debt514K1.8M1.7M518K656K1.0M
Property Plant Equipment12.1M15.8M14.0M11.9M13.7M13.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether NextCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NextCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nextcure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextcure Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextCure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade NextCure Stock refer to our How to Trade NextCure Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology 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 NextCure. If investors know NextCure 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 NextCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.10)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.31)
Return On Equity
(0.55)
The market value of NextCure is measured differently than its book value, which is the value of NextCure that is recorded on the company's balance sheet. Investors also form their own opinion of NextCure's value that differs from its market value or its book value, called intrinsic value, which is NextCure'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 NextCure's market value can be influenced by many factors that don't directly affect NextCure'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 NextCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextCure'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.