NeuBase Property Plant Equipment vs Other Stockholder Equity 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 Property Plant Equipment and its Other Stockholder Equity 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.

Property Plant Equipment vs Other Stockholder Equity

Property Plant Equipment vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuBase Therapeutics Property Plant Equipment account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between NeuBase Therapeutics' Property Plant Equipment and Other Stockholder Equity is 0.64. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Stockholder Equity 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' Property Plant Equipment and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of NeuBase Therapeutics are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., NeuBase Therapeutics' Property Plant Equipment and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Other Stockholder Equity

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

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.