NeuBase Capital Stock vs Short Term Investments Analysis

NBSE Stock  USD 0.44  0.02  4.76%   
NeuBase Therapeutics financial indicator trend analysis is infinitely more than just investigating NeuBase Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NeuBase Therapeutics is a good investment. Please check the relationship between NeuBase Therapeutics Capital Stock and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeuBase Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade NeuBase Stock refer to our How to Trade NeuBase Stock guide.

Capital Stock vs Short Term Investments

Capital Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuBase Therapeutics Capital Stock account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between NeuBase Therapeutics' Capital Stock and Short Term Investments is 0.07. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of NeuBase Therapeutics, assuming nothing else is changed. The correlation between historical values of NeuBase Therapeutics' Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of NeuBase Therapeutics are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., NeuBase Therapeutics' Capital Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Short Term Investments

Short Term Investments is an item under the current assets section of NeuBase Therapeutics balance sheet. It contains any investments NeuBase Therapeutics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that NeuBase Therapeutics can easily liquidate in the marketplace.
Most indicators from NeuBase Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeuBase Therapeutics 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 NeuBase Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade NeuBase Stock refer to our How to Trade NeuBase Stock guide.At present, NeuBase Therapeutics' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.22, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.17.
 2020 2021 2023 2024 (projected)
Cost Of Revenue575.5K1.3M1.1M1.1M
Research Development14.4M21.4M19.3M18.3M

NeuBase Therapeutics fundamental ratios Correlations

0.590.450.790.930.6-0.93-0.440.56-0.26-0.380.940.39-0.420.570.060.60.680.760.580.940.59-0.41-0.41-0.17-0.41
0.59-0.110.50.341.0-0.49-0.480.0-0.150.140.650.12-0.190.95-0.130.980.640.921.00.670.99-0.19-0.19-0.04-0.19
0.45-0.110.740.47-0.12-0.2-0.330.93-0.28-0.560.150.35-0.34-0.180.12-0.170.380.25-0.120.14-0.1-0.34-0.33-0.32-0.34
0.790.50.740.650.5-0.58-0.530.71-0.41-0.380.610.45-0.490.50.050.50.690.790.50.610.53-0.49-0.48-0.36-0.49
0.930.340.470.650.36-0.91-0.320.6-0.21-0.490.870.38-0.380.320.290.350.520.530.330.860.33-0.38-0.38-0.15-0.38
0.61.0-0.120.50.36-0.52-0.47-0.01-0.170.140.670.13-0.20.96-0.130.990.640.921.00.691.0-0.2-0.19-0.04-0.19
-0.93-0.49-0.2-0.58-0.91-0.520.21-0.280.270.36-0.98-0.350.36-0.53-0.08-0.54-0.47-0.6-0.49-0.98-0.480.360.360.10.36
-0.44-0.48-0.33-0.53-0.32-0.470.21-0.48-0.40.17-0.29-0.460.49-0.46-0.12-0.44-0.93-0.57-0.48-0.3-0.510.490.480.450.49
0.560.00.930.710.6-0.01-0.28-0.48-0.07-0.480.240.34-0.34-0.10.23-0.070.520.32-0.020.240.0-0.34-0.33-0.28-0.34
-0.26-0.15-0.28-0.41-0.21-0.170.27-0.4-0.070.13-0.270.13-0.12-0.160.07-0.170.23-0.29-0.16-0.27-0.15-0.12-0.13-0.21-0.12
-0.380.14-0.56-0.38-0.490.140.360.17-0.480.13-0.28-0.810.780.16-0.460.15-0.23-0.060.15-0.270.160.780.780.730.78
0.940.650.150.610.870.67-0.98-0.290.24-0.27-0.280.33-0.360.670.040.690.550.730.651.00.64-0.35-0.35-0.09-0.35
0.390.120.350.450.380.13-0.35-0.460.340.13-0.810.33-0.990.180.320.150.490.270.120.330.14-0.99-0.99-0.96-0.99
-0.42-0.19-0.34-0.49-0.38-0.20.360.49-0.34-0.120.78-0.36-0.99-0.25-0.33-0.22-0.54-0.33-0.2-0.36-0.211.01.00.961.0
0.570.95-0.180.50.320.96-0.53-0.46-0.1-0.160.160.670.18-0.25-0.110.980.620.880.960.690.97-0.25-0.24-0.1-0.24
0.06-0.130.120.050.29-0.13-0.08-0.120.230.07-0.460.040.32-0.33-0.11-0.110.03-0.08-0.130.03-0.13-0.33-0.33-0.31-0.33
0.60.98-0.170.50.350.99-0.54-0.44-0.07-0.170.150.690.15-0.220.98-0.110.610.910.990.710.99-0.22-0.22-0.06-0.22
0.680.640.380.690.520.64-0.47-0.930.520.23-0.230.550.49-0.540.620.030.610.750.640.560.67-0.54-0.53-0.43-0.54
0.760.920.250.790.530.92-0.6-0.570.32-0.29-0.060.730.27-0.330.88-0.080.910.750.920.740.93-0.33-0.33-0.17-0.33
0.581.0-0.120.50.331.0-0.49-0.48-0.02-0.160.150.650.12-0.20.96-0.130.990.640.920.671.0-0.19-0.19-0.05-0.19
0.940.670.140.610.860.69-0.98-0.30.24-0.27-0.271.00.33-0.360.690.030.710.560.740.670.67-0.36-0.35-0.09-0.35
0.590.99-0.10.530.331.0-0.48-0.510.0-0.150.160.640.14-0.210.97-0.130.990.670.931.00.67-0.21-0.2-0.06-0.21
-0.41-0.19-0.34-0.49-0.38-0.20.360.49-0.34-0.120.78-0.35-0.991.0-0.25-0.33-0.22-0.54-0.33-0.19-0.36-0.211.00.961.0
-0.41-0.19-0.33-0.48-0.38-0.190.360.48-0.33-0.130.78-0.35-0.991.0-0.24-0.33-0.22-0.53-0.33-0.19-0.35-0.21.00.961.0
-0.17-0.04-0.32-0.36-0.15-0.040.10.45-0.28-0.210.73-0.09-0.960.96-0.1-0.31-0.06-0.43-0.17-0.05-0.09-0.060.960.960.96
-0.41-0.19-0.34-0.49-0.38-0.190.360.49-0.34-0.120.78-0.35-0.991.0-0.24-0.33-0.22-0.54-0.33-0.19-0.35-0.211.01.00.96
Click cells to compare fundamentals

NeuBase Therapeutics Account Relationship Matchups

NeuBase Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5M34.4M64.2M32.7M37.6M39.5M
Short Long Term Debt Total122.9K138.6K6.5M6.0M6.9M7.2M
Other Current Liab496.3K950.2K1.7M1.7M1.9M2.0M
Total Current Liabilities2.5M3.1M4.2M4.2M4.8M5.0M
Total Stockholder Equity10.0M31.3M54.1M23.2M26.7M14.0M
Property Plant And Equipment Net431.0K1.2M8.4M7.8M8.9M9.4M
Net Debt(10.2M)(31.9M)(46.4M)(17.2M)(19.7M)(20.7M)
Retained Earnings(27.0M)(43.6M)(69.0M)(102.7M)(92.5M)(87.8M)
Non Current Assets Total1.5M1.6M9.2M8.0M9.3M5.5M
Non Currrent Assets Other338.9K145.3K414.0K273.2K314.2K298.5K
Cash And Short Term Investments10.3M32.0M52.9M23.2M26.6M28.0M
Common Stock Shares Outstanding413.6K981.0K1.4M1.6M1.9M2.0M
Liabilities And Stockholders Equity12.5M34.4M64.2M32.7M37.6M39.5M
Non Current Liabilities Total1.6M1.6M5.9M5.3M6.1M6.4M
Other Stockholder Equity37.0M74.9M123.0M125.9M144.8M152.1M
Total Liab2.5M3.1M10.1M9.5M10.9M11.5M
Property Plant And Equipment Gross431.0K1.2M8.9M9.1M10.4M10.9M
Total Current Assets11.0M32.8M54.9M24.6M28.3M29.8M
Short Term Debt122.9K138.6K638.6K660.7K759.8K797.8K
Common Stock1.7K2.3K3.3K3.3K3.0K2.8K
Accounts Payable1.5M1.5M1.8M1.8M1.7M1.6M
Cash10.3M32.0M52.9M23.2M20.8M19.8M
Other Current Assets265.7K294.6K2.0B1.5M1.7M1.6M
Net Tangible Assets9.9M31.3M54.1M23.2M26.7M22.1M
Property Plant Equipment431.0K1.2M8.4M7.8M8.9M9.4M
Short Long Term Debt73.2K122.9K138.6K148.4K170.6K124.2K
Net Invested Capital10.2M31.4M54.2M23.2M26.7M28.0M
Net Working Capital8.5M29.7M50.7M20.5M23.6M22.1M
Capital Stock1.7K2.3K3.3K3.3K3.0K2.6K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NeuBase Therapeutics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NeuBase Therapeutics' short interest history, or implied volatility extrapolated from NeuBase Therapeutics options trading.

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When determining whether NeuBase Therapeutics is a strong investment it is important to analyze NeuBase Therapeutics' 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 NeuBase Therapeutics' future performance. For an informed investment choice regarding NeuBase Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeuBase Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade NeuBase Stock refer to our How to Trade NeuBase Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is NeuBase Therapeutics' industry 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 NeuBase Therapeutics. If investors know NeuBase 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 NeuBase Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.60)
Return On Assets
(0.43)
Return On Equity
(0.93)
The market value of NeuBase Therapeutics is measured differently than its book value, which is the value of NeuBase that is recorded on the company's balance sheet. Investors also form their own opinion of NeuBase Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is NeuBase Therapeutics' 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 NeuBase Therapeutics' market value can be influenced by many factors that don't directly affect NeuBase Therapeutics' 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 NeuBase Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeuBase Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeuBase Therapeutics' 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.