Else Pb Ratio vs Free Cash Flow Yield Analysis

BABY Stock   0.02  0  14.29%   
Else Nutrition financial indicator trend analysis is much more than just examining Else Nutrition Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Else Nutrition Holdings is a good investment. Please check the relationship between Else Nutrition Pb Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Else Nutrition Holdings. 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.

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Else Nutrition Holdings Pb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Else Nutrition's Pb Ratio and Free Cash Flow Yield is -0.04. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Else Nutrition Holdings, assuming nothing else is changed. The correlation between historical values of Else Nutrition's Pb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Else Nutrition Holdings are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Else Nutrition's Pb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Else Nutrition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Else Nutrition Holdings 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 Else Nutrition Holdings. 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, Else Nutrition's Selling General Administrative is very stable compared to the past year. As of the 10th of January 2025, Enterprise Value is likely to grow to about 39.4 M, while Issuance Of Capital Stock is likely to drop about 3.8 M.
 2022 2023 2024 2025 (projected)
Reconciled Depreciation496K379K435.9K335.7K
Cost Of Revenue7.2M9.4M10.9M11.4M

Else Nutrition fundamental ratios Correlations

0.93-0.84-0.730.930.950.630.741.00.770.820.840.70.730.850.86-0.830.920.540.920.870.10.780.820.740.83
0.93-0.85-0.60.910.910.530.640.930.680.750.620.620.660.780.88-0.810.930.440.910.910.210.530.940.630.78
-0.84-0.850.27-0.97-0.96-0.16-0.33-0.85-0.36-0.44-0.58-0.25-0.32-0.48-0.640.53-0.66-0.04-0.63-0.6-0.51-0.59-0.67-0.27-0.44
-0.73-0.60.27-0.47-0.52-0.95-0.97-0.73-0.98-0.96-0.84-0.97-0.96-0.95-0.750.84-0.81-0.94-0.84-0.820.53-0.72-0.65-0.97-0.93
0.930.91-0.97-0.471.00.380.520.930.560.630.720.460.520.660.76-0.680.780.260.760.750.310.70.780.450.61
0.950.91-0.96-0.521.00.410.570.950.60.660.770.50.550.690.77-0.70.80.30.790.750.270.750.760.50.64
0.630.53-0.16-0.950.380.410.970.620.950.940.740.960.950.920.75-0.830.780.960.780.78-0.630.60.630.910.9
0.740.64-0.33-0.970.520.570.970.740.980.980.830.970.990.960.81-0.880.840.910.860.83-0.550.720.690.920.9
1.00.93-0.85-0.730.930.950.620.740.770.820.840.690.730.840.86-0.820.910.530.910.870.10.790.820.740.82
0.770.68-0.36-0.980.560.60.950.980.770.990.840.990.990.980.81-0.870.850.920.90.88-0.530.720.750.950.94
0.820.75-0.44-0.960.630.660.940.980.820.990.830.970.980.990.87-0.910.90.90.930.92-0.440.710.810.940.96
0.840.62-0.58-0.840.720.770.740.830.840.840.830.770.80.840.69-0.720.710.680.740.69-0.30.980.550.760.77
0.70.62-0.25-0.970.460.50.960.970.690.990.970.770.980.960.78-0.850.820.960.860.86-0.590.630.730.950.94
0.730.66-0.32-0.960.520.550.950.990.730.990.980.80.980.960.81-0.880.850.90.890.85-0.550.670.730.930.91
0.850.78-0.48-0.950.660.690.920.960.840.980.990.840.960.960.87-0.90.910.890.930.94-0.390.720.830.930.98
0.860.88-0.64-0.750.760.770.750.810.860.810.870.690.780.810.87-0.980.950.650.910.91-0.090.570.880.760.85
-0.83-0.810.530.84-0.68-0.7-0.83-0.88-0.82-0.87-0.91-0.72-0.85-0.88-0.9-0.98-0.94-0.74-0.92-0.90.22-0.6-0.84-0.83-0.88
0.920.93-0.66-0.810.780.80.780.840.910.850.90.710.820.850.910.95-0.940.680.980.96-0.070.590.920.840.91
0.540.44-0.04-0.940.260.30.960.910.530.920.90.680.960.90.890.65-0.740.680.710.74-0.70.540.580.920.89
0.920.91-0.63-0.840.760.790.780.860.910.90.930.740.860.890.930.91-0.920.980.710.97-0.140.620.920.870.92
0.870.91-0.6-0.820.750.750.780.830.870.880.920.690.860.850.940.91-0.90.960.740.97-0.160.550.970.840.94
0.10.21-0.510.530.310.27-0.63-0.550.1-0.53-0.44-0.3-0.59-0.55-0.39-0.090.22-0.07-0.7-0.14-0.16-0.22-0.01-0.46-0.34
0.780.53-0.59-0.720.70.750.60.720.790.720.710.980.630.670.720.57-0.60.590.540.620.55-0.220.410.630.64
0.820.94-0.67-0.650.780.760.630.690.820.750.810.550.730.730.830.88-0.840.920.580.920.97-0.010.410.680.83
0.740.63-0.27-0.970.450.50.910.920.740.950.940.760.950.930.930.76-0.830.840.920.870.84-0.460.630.680.95
0.830.78-0.44-0.930.610.640.90.90.820.940.960.770.940.910.980.85-0.880.910.890.920.94-0.340.640.830.95
Click cells to compare fundamentals

Else Nutrition Account Relationship Matchups

Else Nutrition fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets29.3M32.9M26.2M16.1M18.5M9.3M
Total Stockholder Equity11.2M26.8M15.6M6.7M7.7M5.5M
Net Debt(21.3M)(22.1M)(11.2M)160K144K151.2K
Retained Earnings(29.6M)(31.3M)(48.9M)(64.5M)(58.0M)(55.1M)
Cash21.5M23.0M14.6M2.9M3.4M5.6M
Cash And Short Term Investments24.7M24.3M15.4M4.9M5.7M6.2M
Net Receivables481K799K1.5M1.5M1.7M1.8M
Common Stock Shares Outstanding81.4M97.5M108.7M129.8M149.2M156.7M
Liabilities And Stockholders Equity29.3M32.9M26.2M16.1M18.5M9.3M
Total Current Assets28.4M31.1M24.8M15.1M17.4M8.9M
Accumulated Other Comprehensive Income(278K)(869K)(44K)(3K)(2.7K)(2.8K)
Common Stock39.1M54.9M59.7M65.9M75.8M79.6M
Total Current Liabilities2.0M3.3M3.4M3.2M3.6M3.8M
Total Liab18.1M6.2M10.6M9.3M10.8M11.3M
Other Stockholder Equity2.0M4.0M4.8M5.3M6.0M6.3M
Other Current Liab638K1.1M932K1.3M1.4M1.5M
Accounts Payable1.2M1.9M2.2M1.7M2.0M2.1M
Non Current Assets Total881K1.8M1.4M942K1.1M1.0M
Short Term Debt146K351K238K194K223.1K143K
Short Long Term Debt Total228K941K3.4M3.1M3.6M3.7M
Net Tangible Assets3.2M10.8M26.4M15.3M17.6M12.2M
Property Plant And Equipment Net486K1.4M1.1M749K861.4K866.1K
Non Current Liabilities Total16.1M2.8M7.2M6.2M7.1M7.1M
Capital Lease Obligations228K941K558K303K348.5K468.8K
Inventory2.4M4.5M5.9M7.3M8.3M4.5M
Other Current Assets821K1.5M2.0M1.4M1.7M1.3M
Net Invested Capital11.2M26.8M18.4M9.5M10.9M15.3M
Property Plant And Equipment Gross513K1.5M1.3M1.0M1.2M1.0M
Capital Stock39.1M54.9M59.7M65.9M75.8M50.2M
Net Working Capital26.4M27.8M21.4M12.0M13.8M20.0M
Intangible Assets345K292K215K147K132.3K221.6K

Pair Trading with Else Nutrition

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Else Nutrition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Else Nutrition will appreciate offsetting losses from the drop in the long position's value.

Moving together with Else Stock

  0.79NRR-UN Northview ResidentialPairCorr

Moving against Else Stock

  0.45FF First Mining GoldPairCorr
  0.36BRY Bri Chem CorpPairCorr
The ability to find closely correlated positions to Else Nutrition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Else Nutrition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Else Nutrition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Else Nutrition Holdings to buy it.
The correlation of Else Nutrition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Else Nutrition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Else Nutrition Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Else Nutrition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Else Stock

Balance Sheet is a snapshot of the financial position of Else Nutrition Holdings at a specified time, usually calculated after every quarter, six months, or one year. Else Nutrition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Else Nutrition and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Else currently owns. An asset can also be divided into two categories, current and non-current.