Nyxoah Non Current Assets Total vs Other Current Assets Analysis

NYXH Stock  USD 4.92  0.03  0.61%   
Nyxoah financial indicator trend analysis is infinitely more than just investigating Nyxoah recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nyxoah is a good investment. Please check the relationship between Nyxoah Non Current Assets Total and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nyxoah Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nyxoah's Non Current Assets Total and Other Current Assets is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Nyxoah, assuming nothing else is changed. The correlation between historical values of Nyxoah's Non Current Assets Total and Other Current 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 Non Current Assets Total of Nyxoah are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Nyxoah's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

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.

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.
Most indicators from Nyxoah's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nyxoah 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 Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.As of now, Nyxoah's Tax Provision is increasing as compared to previous years. The Nyxoah's current Enterprise Value is estimated to increase to about 309.6 M, while Selling General Administrative is projected to decrease to under 14 M.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization1.9M2.4M764K1.1M
Interest Income6.8M2.0M2.5M1.6M

Nyxoah fundamental ratios Correlations

0.860.830.911.00.950.94-0.61-0.780.830.720.910.540.940.720.970.750.650.650.820.670.730.970.881.00.23
0.860.890.940.820.850.92-0.33-0.880.870.480.90.730.870.950.760.760.780.661.00.820.80.920.980.84-0.08
0.830.890.910.790.940.88-0.18-0.980.830.370.890.870.950.840.720.750.830.780.870.940.960.890.910.82-0.22
0.910.940.910.870.930.97-0.26-0.910.930.40.980.730.940.890.780.830.890.820.930.830.850.980.980.9-0.15
1.00.820.790.870.930.91-0.66-0.730.790.760.870.480.920.650.980.720.590.610.760.610.690.940.840.990.3
0.950.850.940.930.930.94-0.41-0.920.870.560.930.750.990.750.870.80.780.740.820.840.880.960.90.950.0
0.940.920.880.970.910.94-0.37-0.890.960.50.990.710.950.810.820.910.80.740.890.810.780.990.950.930.0
-0.61-0.33-0.18-0.26-0.66-0.41-0.370.1-0.25-0.98-0.260.1-0.39-0.13-0.77-0.210.10.16-0.280.0-0.08-0.43-0.27-0.61-0.79
-0.78-0.88-0.98-0.91-0.73-0.92-0.890.1-0.89-0.29-0.9-0.93-0.92-0.86-0.63-0.81-0.89-0.76-0.87-0.98-0.96-0.88-0.91-0.770.32
0.830.870.830.930.790.870.96-0.25-0.890.380.950.770.890.80.680.970.850.660.860.850.760.920.910.83-0.15
0.720.480.370.40.760.560.5-0.98-0.290.380.390.10.550.270.850.320.05-0.030.420.190.280.550.420.710.7
0.910.90.890.980.870.930.99-0.26-0.90.950.390.730.940.820.770.890.860.820.880.830.810.980.950.9-0.11
0.540.730.870.730.480.750.710.1-0.930.770.10.730.750.780.370.690.860.590.740.980.90.680.750.53-0.5
0.940.870.950.940.920.990.95-0.39-0.920.890.550.940.750.760.860.830.780.740.840.850.880.960.910.940.0
0.720.950.840.890.650.750.81-0.13-0.860.80.270.820.780.760.580.650.860.650.970.820.830.820.940.7-0.33
0.970.760.720.780.980.870.82-0.77-0.630.680.850.770.370.860.580.60.450.50.70.510.610.870.760.960.42
0.750.760.750.830.720.80.91-0.21-0.810.970.320.890.690.830.650.60.740.60.730.780.630.840.80.74-0.08
0.650.780.830.890.590.780.80.1-0.890.850.050.860.860.780.860.450.740.790.80.880.880.80.860.66-0.53
0.650.660.780.820.610.740.740.16-0.760.66-0.030.820.590.740.650.50.60.790.650.680.740.750.760.66-0.37
0.821.00.870.930.760.820.89-0.28-0.870.860.420.880.740.840.970.70.730.80.650.820.810.890.980.79-0.15
0.670.820.940.830.610.840.810.0-0.980.850.190.830.980.850.820.510.780.880.680.820.940.790.840.66-0.4
0.730.80.960.850.690.880.78-0.08-0.960.760.280.810.90.880.830.610.630.880.740.810.940.810.850.73-0.36
0.970.920.890.980.940.960.99-0.43-0.880.920.550.980.680.960.820.870.840.80.750.890.790.810.960.960.02
0.880.980.910.980.840.90.95-0.27-0.910.910.420.950.750.910.940.760.80.860.760.980.840.850.960.87-0.15
1.00.840.820.90.990.950.93-0.61-0.770.830.710.90.530.940.70.960.740.660.660.790.660.730.960.870.22
0.23-0.08-0.22-0.150.30.00.0-0.790.32-0.150.7-0.11-0.50.0-0.330.42-0.08-0.53-0.37-0.15-0.4-0.360.02-0.150.22
Click cells to compare fundamentals

Nyxoah Account Relationship Matchups

Nyxoah fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets139.6M170.8M146.1M124.2M158.4M108.0M
Short Long Term Debt Total14.1M11.7M11.9M12.7M22.7M12.9M
Other Current Liab5.0M5.2M8.3M7.1M12.0M12.6M
Total Current Liabilities7.8M11.6M14.9M14.4M21.5M10.9M
Total Stockholder Equity118.9M148.6M120.3M98.0M113.3M84.8M
Net Tangible Assets10.5M667K96.6M148.1M170.3M178.8M
Property Plant And Equipment Net4.9M5.2M5.6M8.0M8.2M4.7M
Net Debt(98.8M)(123.8M)(6.0M)(8.9M)(11.5M)(12.1M)
Retained Earnings(73.8M)(87.2M)(118.2M)(160.8M)(217.7M)(206.8M)
Accounts Payable1.5M2.4M1.9M4.1M3.7M2.2M
Cash112.9M135.5M17.9M21.6M34.2M48.9M
Non Current Assets Total24.4M30.8M45.8M55.8M60.3M31.1M
Non Currrent Assets Other(1K)164K173K1.2M1.7M1.8M
Other Assets97K5.5M15.4M25.0M28.7M30.2M
Long Term Debt7.6M7.8M8.2M8.4M18.7M9.4M
Cash And Short Term Investments112.9M135.5M94.9M57.7M85.6M71.5M
Net Receivables2.0M2.5M2.2M5.6M3.4M2.7M
Common Stock Shares Outstanding18.1M23.8M25.8M28.0M32.7M26.3M
Liabilities And Stockholders Equity139.6M170.8M146.1M124.2M158.4M108.0M
Non Current Liabilities Total12.8M10.6M10.8M11.7M23.6M12.3M
Capital Lease Obligations3.3M3.3M3.3M4.0M3.7M2.6M
Other Current Assets133.4K1.7M2.3M1.7M4.4M4.7M
Other Stockholder Equity184.7M231.2M233.9M253.8M314.3M185.9M
Total Liab20.7M22.2M25.7M26.1M45.2M23.2M
Net Invested Capital105.4M157.0M128.9M106.8M132.2M91.8M
Short Long Term Debt616K554K388K364K248K323.2K
Total Current Assets115.1M140.1M100.3M68.4M98.1M76.9M
Accumulated Other Comprehensive Income3.4M202K176K137K10.2M10.7M
Net Working Capital87.7M128.5M85.3M53.9M76.6M63.4M
Short Term Debt1.3M1.1M1.1M1.2M1.4M1.1M
Common Stock4.6M4.4M4.4M4.9M6.4M4.4M
Property Plant Equipment1.4M4.0M5.2M5.6M6.5M6.8M
Capital Stock3.8M4.4M4.4M4.9M6.4M4.6M
Property Plant And Equipment Gross5.0M5.2M5.6M12.0M13.9M8.1M
Intangible Assets19.4M25.3M40.0M46.6M50.4M34.5M

Currently Active Assets on Macroaxis

When determining whether Nyxoah offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxoah'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 Nyxoah Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxoah Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 Nyxoah. If investors know Nyxoah 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 Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.61)
Revenue Per Share
0.151
Quarterly Revenue Growth
0.558
Return On Assets
(0.44)
Return On Equity
(1.08)
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah'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 Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah'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 Nyxoah's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah'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.