Newtopia Capital Lease Obligations vs Non Current Assets Total Analysis

NEWU Stock  CAD 0.01  0.00  0.00%   
Newtopia financial indicator trend analysis is infinitely more than just investigating Newtopia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newtopia is a good investment. Please check the relationship between Newtopia Capital Lease Obligations and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newtopia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Capital Lease Obligations vs Non Current Assets Total

Capital Lease Obligations vs Non Current Assets Total Correlation Analysis

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

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Lease Obligations

Newtopia capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Newtopia asset purchases. For example, Newtopia can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Newtopia control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Newtopia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newtopia 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newtopia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Enterprise Value is likely to climb to about 39.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 9.3 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit6.0M6.0M6.9M4.7M
Total Revenue11.2M10.6M12.1M9.7M

Newtopia fundamental ratios Correlations

0.82-0.590.19-0.38-0.080.580.1-0.420.62-0.19-0.35-0.390.16-0.31-0.32-0.190.350.43-0.41-0.15-0.41-0.310.360.420.35
0.82-0.630.13-0.090.020.53-0.26-0.40.36-0.3-0.59-0.12-0.27-0.04-0.04-0.30.180.65-0.420.33-0.36-0.630.140.420.11
-0.59-0.63-0.830.720.70.220.510.940.250.860.930.720.010.640.70.27-0.83-0.950.960.270.930.84-0.79-0.96-0.76
0.190.13-0.83-0.81-0.94-0.62-0.4-0.94-0.56-0.86-0.76-0.840.29-0.82-0.82-0.340.950.77-0.95-0.51-0.93-0.620.930.950.91
-0.38-0.090.72-0.810.870.420.150.790.20.710.530.84-0.380.90.970.07-0.91-0.520.790.830.880.38-0.88-0.79-0.88
-0.080.020.7-0.940.870.680.330.840.530.820.640.76-0.320.870.870.32-0.93-0.620.850.610.890.5-0.87-0.84-0.85
0.580.530.22-0.620.420.680.540.420.910.630.330.40.030.350.46-0.13-0.46-0.280.420.370.420.24-0.45-0.41-0.45
0.1-0.260.51-0.40.150.330.540.420.620.770.70.120.71-0.10.1-0.23-0.19-0.650.46-0.240.360.73-0.16-0.43-0.14
-0.42-0.40.94-0.940.790.840.420.420.420.880.830.86-0.230.780.820.37-0.94-0.890.990.430.970.7-0.93-0.99-0.9
0.620.360.25-0.560.20.530.910.620.420.60.440.290.170.20.280.02-0.36-0.410.430.080.380.39-0.34-0.42-0.34
-0.19-0.30.86-0.860.710.820.630.770.880.60.890.660.170.550.690.08-0.77-0.870.90.290.860.8-0.73-0.88-0.7
-0.35-0.590.93-0.760.530.640.330.70.830.440.890.470.290.450.490.26-0.67-0.970.880.010.830.98-0.59-0.87-0.54
-0.39-0.120.72-0.840.840.760.40.120.860.290.660.47-0.550.830.910.17-0.9-0.570.820.760.820.28-0.97-0.83-0.98
0.16-0.270.010.29-0.38-0.320.030.71-0.230.170.170.29-0.55-0.64-0.48-0.450.46-0.18-0.16-0.64-0.220.450.520.190.55
-0.31-0.040.64-0.820.90.870.35-0.10.780.20.550.450.83-0.640.930.43-0.94-0.480.770.770.860.29-0.9-0.78-0.89
-0.32-0.040.7-0.820.970.870.460.10.820.280.690.490.91-0.480.930.14-0.93-0.530.80.850.880.32-0.92-0.8-0.93
-0.19-0.30.27-0.340.070.32-0.13-0.230.370.020.080.260.17-0.450.430.14-0.39-0.340.36-0.150.340.25-0.31-0.37-0.27
0.350.18-0.830.95-0.91-0.93-0.46-0.19-0.94-0.36-0.77-0.67-0.90.46-0.94-0.93-0.390.71-0.93-0.66-0.96-0.520.980.940.96
0.430.65-0.950.77-0.52-0.62-0.28-0.65-0.89-0.41-0.87-0.97-0.57-0.18-0.48-0.53-0.340.71-0.91-0.02-0.85-0.930.650.90.61
-0.41-0.420.96-0.950.790.850.420.460.990.430.90.880.82-0.160.770.80.36-0.93-0.910.390.970.77-0.9-1.0-0.87
-0.150.330.27-0.510.830.610.37-0.240.430.080.290.010.76-0.640.770.85-0.15-0.66-0.020.390.52-0.18-0.7-0.41-0.73
-0.41-0.360.93-0.930.880.890.420.360.970.380.860.830.82-0.220.860.880.34-0.96-0.850.970.520.71-0.91-0.98-0.88
-0.31-0.630.84-0.620.380.50.240.730.70.390.80.980.280.450.290.320.25-0.52-0.930.77-0.180.71-0.41-0.75-0.36
0.360.14-0.790.93-0.88-0.87-0.45-0.16-0.93-0.34-0.73-0.59-0.970.52-0.9-0.92-0.310.980.65-0.9-0.7-0.91-0.410.911.0
0.420.42-0.960.95-0.79-0.84-0.41-0.43-0.99-0.42-0.88-0.87-0.830.19-0.78-0.8-0.370.940.9-1.0-0.41-0.98-0.750.910.88
0.350.11-0.760.91-0.88-0.85-0.45-0.14-0.9-0.34-0.7-0.54-0.980.55-0.89-0.93-0.270.960.61-0.87-0.73-0.88-0.361.00.88
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Newtopia Account Relationship Matchups

Newtopia fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab2.2M2.1M47.5K203.6K183.2K174.1K
Total Current Liabilities16.0M2.6M4.8M10.4M9.4M7.7M
Net Tangible Assets(25.5M)(24.2M)4.1M(4.1M)(4.7M)(4.9M)
Retained Earnings(43.2M)(51.0M)(58.7M)(66.4M)(59.7M)(62.7M)
Accounts Payable1.3M1.6M1.4M2.6M3.0M1.6M
Net Receivables1.2M955.7K1.3M1.5M1.7M1.1M
Inventory604.9K278.7K131K325.6K374.4K332.2K
Total Current Assets4.7M6.7M2.8M2.7M3.1M4.0M
Property Plant Equipment1.0M925.4K684.2K435.7K501.0K689.0K
Total Assets5.6M7.9M5.5M5.9M6.8M6.3M
Total Stockholder Equity(11.2M)4.2M(1.8M)(5.5M)(6.4M)(6.7M)
Cash2.4M4.7M811.6K346.0K311.4K295.8K
Non Current Assets Total925.4K753.2K2.7M3.2M3.7M1.9M
Non Current Liabilities Total883.1K667.6K2.5M1.1M1.2M1.4M
Capital Lease Obligations1.0M883.1K667.6K544.7K490.2K675.1K
Total Liab16.8M3.7M7.4M11.5M10.3M8.9M
Net Invested Capital(20.2M)4.2M2.7M2.8M3.2M3.3M
Net Working Capital(11.3M)4.1M(2.0M)(7.7M)(8.9M)(9.3M)

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