Neogen Net Invested Capital from 2010 to 2024

NEOG Stock  USD 11.64  0.49  4.04%   
Neogen's Net Invested Capital is increasing over the last several years with slightly volatile swings. Net Invested Capital is estimated to finish at about 4.2 B this year. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
B
Current Value
4.2 B
Quarterly Volatility
1.4 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Neogen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neogen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.3 M, Interest Expense of 77.1 M or Total Revenue of 970.4 M, as well as many indicators such as Price To Sales Ratio of 3.17, Dividend Yield of 0.0 or PTB Ratio of 0.86. Neogen financial statements analysis is a perfect complement when working with Neogen Valuation or Volatility modules.
  
Check out the analysis of Neogen Correlation against competitors.
For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.

Latest Neogen's Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of Neogen over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Neogen's Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Neogen's overall financial position and show how it may be relating to other accounts over time.
Net Invested Capital10 Years Trend
Slightly volatile
   Net Invested Capital   
       Timeline  

Neogen Net Invested Capital Regression Statistics

Arithmetic Mean1,223,547,310
Geometric Mean822,833,764
Coefficient Of Variation111.07
Mean Deviation1,030,702,363
Median560,175,000
Standard Deviation1,358,936,653
Sample Variance1846708.8T
Range3.8B
R-Value0.76
Mean Square Error847287T
R-Squared0.57
Significance0
Slope230,211,031
Total Sum of Squares25853923.6T

Neogen Net Invested Capital History

20244.2 B
2023B
20223.1 B
2021887.4 M
2020840.4 M
2019725.2 M
2018637.9 M

About Neogen Financial Statements

Neogen stakeholders use historical fundamental indicators, such as Neogen's Net Invested Capital, to determine how well the company is positioned to perform in the future. Although Neogen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Neogen's assets and liabilities are reflected in the revenues and expenses on Neogen's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Neogen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Invested CapitalB4.2 B

Currently Active Assets on Macroaxis

When determining whether Neogen is a strong investment it is important to analyze Neogen's 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 Neogen's future performance. For an informed investment choice regarding Neogen Stock, refer to the following important reports:
Check out the analysis of Neogen Correlation against competitors.
For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 Neogen. If investors know Neogen 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 Neogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(0.11)
Revenue Per Share
4.212
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0085
The market value of Neogen is measured differently than its book value, which is the value of Neogen that is recorded on the company's balance sheet. Investors also form their own opinion of Neogen's value that differs from its market value or its book value, called intrinsic value, which is Neogen'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 Neogen's market value can be influenced by many factors that don't directly affect Neogen'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 Neogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neogen'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.