Naturhouse Other Stockholder Equity vs Intangible Assets Analysis

0R9G Stock   1.68  0.01  0.59%   
Naturhouse Health financial indicator trend analysis is infinitely more than just investigating Naturhouse Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naturhouse Health is a good investment. Please check the relationship between Naturhouse Health Other Stockholder Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Intangible Assets

Other Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naturhouse Health Other Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Naturhouse Health's Other Stockholder Equity and Intangible Assets is -0.94. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Naturhouse Health SA, assuming nothing else is changed. The correlation between historical values of Naturhouse Health's Other Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Naturhouse Health SA are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Stockholder Equity i.e., Naturhouse Health's Other Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Stockholder Equity

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Naturhouse Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naturhouse Health 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Naturhouse Health's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 21.2 M in 2024, whereas Discontinued Operations is likely to drop (4.6 M) in 2024.
 2019 2020 2023 2024 (projected)
Interest Income76K289K260.1K306.7K
Tax Provision6.0M4.1M3.7M5.8M

Naturhouse Health fundamental ratios Correlations

-0.620.330.90.740.430.480.44-0.530.640.70.18-0.49-0.51-0.360.46-0.590.420.7-0.04-0.1-0.020.170.02
-0.62-0.26-0.8-0.86-0.09-0.62-0.10.47-0.77-0.17-0.360.20.690.56-0.560.65-0.72-0.170.180.290.05-0.13-0.04
0.33-0.260.140.5-0.550.54-0.55-0.430.690.580.91-0.73-0.83-0.17-0.26-0.40.810.580.61-0.88-0.68-0.810.88
0.9-0.80.140.80.470.490.47-0.450.660.490.12-0.32-0.49-0.60.64-0.570.450.49-0.38-0.040.110.34-0.11
0.74-0.860.50.80.140.730.15-0.790.950.330.43-0.42-0.86-0.430.6-0.860.790.33-0.09-0.36-0.230.020.19
0.43-0.09-0.550.470.14-0.311.0-0.31-0.03-0.12-0.750.360.270.180.61-0.32-0.46-0.12-0.50.690.660.78-0.75
0.48-0.620.540.490.73-0.31-0.31-0.430.650.470.6-0.73-0.66-0.520.43-0.390.740.470.04-0.43-0.67-0.10.39
0.44-0.1-0.550.470.151.0-0.31-0.31-0.02-0.12-0.750.360.270.180.61-0.33-0.46-0.12-0.50.690.660.78-0.74
-0.530.47-0.43-0.45-0.79-0.31-0.43-0.31-0.79-0.06-0.150.20.7-0.14-0.520.95-0.48-0.06-0.110.170.16-0.02-0.06
0.64-0.770.690.660.95-0.030.65-0.02-0.790.350.6-0.42-0.95-0.350.35-0.860.890.350.1-0.53-0.26-0.240.37
0.7-0.170.580.490.33-0.120.47-0.12-0.060.350.51-0.8-0.36-0.44-0.12-0.040.41.00.23-0.38-0.38-0.310.46
0.18-0.360.910.120.43-0.750.6-0.75-0.150.60.51-0.69-0.77-0.41-0.31-0.190.870.510.48-0.93-0.69-0.810.91
-0.490.2-0.73-0.32-0.420.36-0.730.360.2-0.42-0.8-0.690.530.43-0.070.1-0.54-0.8-0.260.620.80.43-0.72
-0.510.69-0.83-0.49-0.860.27-0.660.270.7-0.95-0.36-0.770.530.33-0.180.76-0.94-0.36-0.290.750.480.49-0.61
-0.360.56-0.17-0.6-0.430.18-0.520.18-0.14-0.35-0.44-0.410.430.33-0.26-0.03-0.48-0.440.510.310.22-0.02-0.24
0.46-0.56-0.260.640.60.610.430.61-0.520.35-0.12-0.31-0.07-0.18-0.26-0.520.07-0.12-0.610.30.050.7-0.41
-0.590.65-0.4-0.57-0.86-0.32-0.39-0.330.95-0.86-0.04-0.190.10.76-0.03-0.52-0.58-0.04-0.070.210.02-0.03-0.03
0.42-0.720.810.450.79-0.460.74-0.46-0.480.890.40.87-0.54-0.94-0.480.07-0.580.40.27-0.76-0.49-0.510.63
0.7-0.170.580.490.33-0.120.47-0.12-0.060.351.00.51-0.8-0.36-0.44-0.12-0.040.40.23-0.38-0.38-0.310.46
-0.040.180.61-0.38-0.09-0.50.04-0.5-0.110.10.230.48-0.26-0.290.51-0.61-0.070.270.23-0.5-0.38-0.730.55
-0.10.29-0.88-0.04-0.360.69-0.430.690.17-0.53-0.38-0.930.620.750.310.30.21-0.76-0.38-0.50.710.87-0.95
-0.020.05-0.680.11-0.230.66-0.670.660.16-0.26-0.38-0.690.80.480.220.050.02-0.49-0.38-0.380.710.58-0.79
0.17-0.13-0.810.340.020.78-0.10.78-0.02-0.24-0.31-0.810.430.49-0.020.7-0.03-0.51-0.31-0.730.870.58-0.9
0.02-0.040.88-0.110.19-0.750.39-0.74-0.060.370.460.91-0.72-0.61-0.24-0.41-0.030.630.460.55-0.95-0.79-0.9
Click cells to compare fundamentals

Naturhouse Health Account Relationship Matchups

Naturhouse Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.8M34.1M37.6M42.6M38.3M31.4M
Total Current Liabilities12.2M9.7M8.1M8.4M7.6M8.1M
Total Stockholder Equity24.5M18.8M16.5M26.0M23.4M18.1M
Retained Earnings1.9M9.4M13.4M6.6M6.0M7.3M
Cash8.3M8.2M10.3M21.6M24.9M14.2M
Other Assets890K817K1.4M531K477.9K810.7K
Cash And Short Term Investments8.3M8.2M10.3M21.6M24.9M14.2M
Net Receivables7.1M8.0M6.7M9.2M8.2M6.9M
Inventory4.1M3.3M2.6M2.7M2.4M2.9M
Other Current Assets955K531K779K3.1M3.6M3.8M
Other Stockholder Equity9.6M11.6M17.7M16.2M18.6M12.2M
Total Liab14.4M15.3M21.1M16.6M19.1M18.4M
Total Current Assets22.5M33.4M37.3M27.1M31.1M32.1M
Intangible Assets1.7M1.4M1.3M972K874.8K1.2M
Property Plant Equipment9.6M4.0M2.7M4.0M3.6M3.9M
Other Current Liab1.2M1.3M2.9M2.4M2.7M1.8M
Other Liab1.1M1.4M1.5M2.7M3.1M1.7M
Net Tangible Assets15.2M25.0M35.3M27.2M31.3M26.2M
Accounts Payable6.4M5.7M3.2M3.4M3.0M4.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Naturhouse Stock Analysis

When running Naturhouse Health's price analysis, check to measure Naturhouse Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Naturhouse Health is operating at the current time. Most of Naturhouse Health's value examination focuses on studying past and present price action to predict the probability of Naturhouse Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naturhouse Health's price. Additionally, you may evaluate how the addition of Naturhouse Health to your portfolios can decrease your overall portfolio volatility.