Novavax Net Debt vs Property Plant And Equipment Gross Analysis

NVAX Stock  USD 18.22  3.19  21.22%   
Novavax financial indicator trend analysis is infinitely more than just investigating Novavax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novavax is a good investment. Please check the relationship between Novavax Net Debt and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.

Net Debt vs Property Plant And Equipment Gross

Net Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Net Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Novavax's Net Debt and Property Plant And Equipment Gross is -0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Net Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Novavax are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Debt i.e., Novavax's Net Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Gross

Most indicators from Novavax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novavax 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 Novavax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.At this time, Novavax's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 442.5 M in 2024, despite the fact that Tax Provision is likely to grow to (1.8 M).

Novavax fundamental ratios Correlations

0.780.94-0.560.87-0.87-0.910.930.940.90.940.940.930.80.940.960.860.990.880.78-0.460.71-0.410.67-0.370.33
0.780.9-0.890.91-0.66-0.90.930.720.880.750.680.840.550.850.90.910.70.550.66-0.350.53-0.320.34-0.260.02
0.940.9-0.750.86-0.88-0.920.960.940.870.930.920.880.830.890.980.860.920.760.67-0.40.68-0.410.55-0.360.21
-0.56-0.89-0.75-0.740.40.79-0.72-0.53-0.71-0.63-0.45-0.69-0.4-0.69-0.76-0.75-0.48-0.4-0.620.35-0.560.21-0.060.15-0.19
0.870.910.86-0.74-0.62-0.960.910.70.990.770.690.970.460.960.921.00.780.740.87-0.430.56-0.360.46-0.30.14
-0.87-0.66-0.880.4-0.620.67-0.82-0.94-0.65-0.87-0.94-0.67-0.9-0.68-0.8-0.61-0.91-0.74-0.380.22-0.450.47-0.60.46-0.03
-0.91-0.9-0.920.79-0.960.67-0.93-0.8-0.97-0.86-0.77-0.98-0.6-0.99-0.97-0.96-0.85-0.77-0.890.5-0.720.34-0.480.28-0.33
0.930.930.96-0.720.91-0.82-0.930.890.910.830.880.90.740.920.960.910.890.680.7-0.410.67-0.40.65-0.360.17
0.940.720.94-0.530.7-0.94-0.80.890.730.920.990.770.950.80.90.690.970.760.57-0.40.73-0.410.71-0.390.34
0.90.880.87-0.710.99-0.65-0.970.910.730.810.720.990.490.980.930.990.820.790.89-0.440.59-0.350.47-0.290.19
0.940.750.93-0.630.77-0.87-0.860.830.920.810.90.850.820.860.940.770.940.90.71-0.430.66-0.440.45-0.410.35
0.940.680.92-0.450.69-0.94-0.770.880.990.720.90.760.940.790.880.670.980.770.55-0.410.7-0.40.74-0.380.32
0.930.840.88-0.690.97-0.67-0.980.90.770.990.850.760.550.990.950.970.860.840.92-0.480.65-0.390.5-0.340.29
0.80.550.83-0.40.46-0.9-0.60.740.950.490.820.940.550.590.750.450.870.610.33-0.320.68-0.360.67-0.360.34
0.940.850.89-0.690.96-0.68-0.990.920.80.980.860.790.990.590.960.960.870.820.91-0.50.7-0.340.54-0.280.33
0.960.90.98-0.760.92-0.8-0.970.960.90.930.940.880.950.750.960.920.920.820.81-0.470.73-0.390.54-0.340.32
0.860.910.86-0.751.0-0.61-0.960.910.690.990.770.670.970.450.960.920.770.730.87-0.420.55-0.360.43-0.290.13
0.990.70.92-0.480.78-0.91-0.850.890.970.820.940.980.860.870.870.920.770.870.7-0.450.71-0.410.72-0.380.36
0.880.550.76-0.40.74-0.74-0.770.680.760.790.90.770.840.610.820.820.730.870.77-0.380.49-0.460.41-0.430.31
0.780.660.67-0.620.87-0.38-0.890.70.570.890.710.550.920.330.910.810.870.70.77-0.550.7-0.240.39-0.180.52
-0.46-0.35-0.40.35-0.430.220.5-0.41-0.4-0.44-0.43-0.41-0.48-0.32-0.5-0.47-0.42-0.45-0.38-0.55-0.590.11-0.320.08-0.53
0.710.530.68-0.560.56-0.45-0.720.670.730.590.660.70.650.680.70.730.550.710.490.7-0.59-0.120.65-0.10.82
-0.41-0.32-0.410.21-0.360.470.34-0.4-0.41-0.35-0.44-0.4-0.39-0.36-0.34-0.39-0.36-0.41-0.46-0.240.11-0.12-0.340.990.09
0.670.340.55-0.060.46-0.6-0.480.650.710.470.450.740.50.670.540.540.430.720.410.39-0.320.65-0.34-0.340.37
-0.37-0.26-0.360.15-0.30.460.28-0.36-0.39-0.29-0.41-0.38-0.34-0.36-0.28-0.34-0.29-0.38-0.43-0.180.08-0.10.99-0.340.09
0.330.020.21-0.190.14-0.03-0.330.170.340.190.350.320.290.340.330.320.130.360.310.52-0.530.820.090.370.09
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Novavax Account Relationship Matchups

Novavax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Liab19.9M(327.6M)709.8M1.5B1.2B1.3B
Total Current Liabilities25.8M322.0M2.4B2.5B1.6B1.7B
Total Stockholder Equity(186.0M)627.2M(351.7M)(634.1M)(716.9M)(681.1M)
Property Plant And Equipment Net11.4M180.0M228.7M400.5M491.0M515.5M
Net Debt243.1M(231.4M)(1.1B)(787.1M)(298.3M)(283.4M)
Retained Earnings(1.4B)(1.9B)(3.6B)(4.3B)(4.8B)(4.6B)
Accounts Payable2.9M54.3M127.1M216.5M132.6M139.2M
Cash78.8M553.4M1.5B1.3B578.9M607.9M
Non Current Assets Total75.7M334.3M421.6M555.3M711.5M747.0M
Non Currrent Assets Other7.5M13.2M56.7M28.5M30.3M31.8M
Cash And Short Term Investments78.8M711.0M1.5B1.3B578.9M607.9M
Common Stock Shares Outstanding24.1M57.6M74.4M78.2M100.8M105.8M
Liabilities And Stockholders Equity173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Assets93.9M441.8M2.1B1.7B226.0M191.7M
Other Stockholder Equity1.3B2.5B3.3B3.6B4.1B4.3B
Total Liab359.0M955.3M2.9B2.9B2.6B2.7B
Property Plant And Equipment Gross11.4M180.0M258.6M447.8M566.0M594.3M
Total Current Assets97.2M1.2B2.2B1.7B1.1B1.2B
Accumulated Other Comprehensive Income(12.5M)7.0M(1.4M)(6.4M)2.7M2.9M
Net Receivables7.5M262.0M455.0M82.4M297.2M312.1M
Non Current Liabilities Total333.2M633.2M538.1M432.8M937.1M984.0M
Intangible Assets6.5M5.6M5.7M4.8M4.3M4.1M
Short Long Term Debt Total321.9M322.0M454.0M549.8M280.6M294.7M
Common Stock Total Equity3.8M324K714K764K878.6K1.3M
Short Term Debt1.3M322.0M130.5M352.1M28.1M43.9M
Common Stock324K714K764K868K1.4M1.3M
Long Term Debt320.6M322.0M323.5M166.5M168.0M114.6M
Inventory(83.0M)(166.7M)(2.0B)36.7M41.7M43.8M
Property Plant Equipment11.4M180.0M228.7M400.5M460.6M483.6M
Other Liab2.6M3.4M175.5M185.0M212.8M223.4M
Current Deferred Revenue1.7M273.2M1.4B370.1M241.3M140.2M
Other Assets1.1M5.4M16.6M28.5M32.7M34.4M
Good Will51.2M135.4M131.5M126.3M127.5M133.8M
Net Tangible Assets(242.8M)486.1M(487.9M)(760.4M)(684.4M)(650.1M)
Retained Earnings Total Equity(1.3B)(1.4B)(1.9B)(3.6B)(3.3B)(3.1B)
Long Term Debt Total319.2M320.6M322.0M323.5M372.0M234.9M
Capital Surpluse1.1B1.3B2.5B3.4B3.9B4.0B

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