Neogen Other Non Cash Items from 2010 to 2024

NEOG Stock  USD 12.12  0.01  0.08%   
Neogen's Other Non Cash Items is increasing over the last several years with slightly volatile swings. Other Non Cash Items is estimated to finish at about 10.3 M this year. During the period from 2010 to 2024 Neogen Other Non Cash Items regressed destribution of quarterly values had mean deviationof  24,411,742 and mean square error of 639.1 T. View All Fundamentals
 
Other Non Cash Items  
First Reported
1993-08-31
Previous Quarter
91.5 M
Current Value
676 K
Quarterly Volatility
11.1 M
 
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 Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Neogen over the last few years. It is Neogen's Other Non Cash Items 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.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Neogen Other Non Cash Items Regression Statistics

Arithmetic Mean19,138,787
Coefficient Of Variation145.11
Mean Deviation24,411,742
Median7,359,000
Standard Deviation27,772,531
Sample Variance771.3T
Range78M
R-Value0.48
Mean Square Error639.1T
R-Squared0.23
Significance0.07
Slope2,982,149
Total Sum of Squares10798.4T

Neogen Other Non Cash Items History

202410.3 M
20239.8 M
20227.4 M
202173.2 M
202051.9 M
201949.4 M
201856.7 M

About Neogen Financial Statements

Neogen stakeholders use historical fundamental indicators, such as Neogen's Other Non Cash Items, 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
Other Non Cash Items9.8 M10.3 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.