Nuvalent Other Assets vs Cash Analysis
| NUVL Stock | USD 94.93 2.20 2.37% |
Nuvalent financial indicator trend analysis is infinitely more than just investigating Nuvalent recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuvalent is a good investment. Please check the relationship between Nuvalent Other Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvalent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Nuvalent Stock please use our How to buy in Nuvalent Stock guide.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvalent Other Assets account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Nuvalent's Other Assets and Cash is -0.71. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Nuvalent, assuming nothing else is changed. The correlation between historical values of Nuvalent's Other Assets 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 Other Assets of Nuvalent 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 Other Assets i.e., Nuvalent's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Assets
Cash
Cash refers to the most liquid asset of Nuvalent, which is listed under current asset account on Nuvalent balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nuvalent customers. The amounts must be unrestricted with restricted cash listed in a different Nuvalent 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 Nuvalent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuvalent 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 Nuvalent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Nuvalent Stock please use our How to buy in Nuvalent Stock guide.Selling General Administrative is expected to rise to about 38.1 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 201.8 M.
| 2010 | 2023 | 2024 (projected) | Interest Income | 4.3M | 23.3M | 15.1M | Net Interest Income | 4.3M | 23.3M | 15.1M |
Nuvalent fundamental ratios Correlations
Click cells to compare fundamentals
Nuvalent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvalent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Nuvalent Stock please use our How to buy in Nuvalent Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 Nuvalent. If investors know Nuvalent 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 Nuvalent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.49) | Return On Assets (0.19) | Return On Equity (0.30) |
The market value of Nuvalent is measured differently than its book value, which is the value of Nuvalent that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvalent's value that differs from its market value or its book value, called intrinsic value, which is Nuvalent'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 Nuvalent's market value can be influenced by many factors that don't directly affect Nuvalent'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 Nuvalent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvalent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvalent'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.