Neogen Non Currrent Assets Other from 2010 to 2024

NEOG Stock  USD 11.64  0.49  4.04%   
Neogen's Non Currrent Assets Other are decreasing over the last several years with very volatile swings. Non Currrent Assets Other are predicted to flatten to about 15.7 M. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
1988-05-31
Previous Quarter
20.2 M
Current Value
20 M
Quarterly Volatility
64 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Neogen over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Neogen's Non Currrent Assets Other 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.
Non Currrent Assets Other10 Years Trend
Very volatile
   Non Currrent Assets Other   
       Timeline  

Neogen Non Currrent Assets Other Regression Statistics

Arithmetic Mean32,989,738
Geometric Mean6,474,545
Coefficient Of Variation193.73
Mean Deviation48,052,638
Median2,156,000
Standard Deviation63,911,951
Sample Variance4084.7T
Range189.3M
R-Value(0.05)
Mean Square Error4389.4T
R-Squared0
Significance0.87
Slope(666,088)
Total Sum of Squares57186.3T

Neogen Non Currrent Assets Other History

202415.7 M
202320.2 M
202215.2 M
20212.2 M
2020M
20192.2 M
2018-15.6 M

About Neogen Financial Statements

Neogen stakeholders use historical fundamental indicators, such as Neogen's Non Currrent Assets Other, 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
Non Currrent Assets Other20.2 M15.7 M

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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.