Nutriband Short Term Debt vs Net Receivables Analysis
| NTRB Stock | USD 6.82 0.30 4.21% |
Nutriband financial indicator trend analysis is infinitely more than just investigating Nutriband recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband is a good investment. Please check the relationship between Nutriband Short Term Debt and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.
Short Term Debt vs Net Receivables
Short Term Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nutriband's Short Term Debt and Net Receivables is 0.38. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Nutriband, assuming nothing else is changed. The correlation between historical values of Nutriband's Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Nutriband are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Nutriband's Short Term Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.38 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Debt
Net Receivables
Most indicators from Nutriband's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband 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 Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.At present, Nutriband's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 35.3 M, whereas Selling General Administrative is forecasted to decline to about 2.4 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Reconciled Depreciation | 369.0K | 287.7K | 330.9K | 233.4K | Depreciation And Amortization | 369.0K | 287.7K | 259.0K | 431.2K |
Nutriband fundamental ratios Correlations
Click cells to compare fundamentals
Nutriband Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutriband fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 9.9M | 12.7M | 9.5M | 7.5M | 8.6M | 5.5M | |
| Short Long Term Debt Total | 1.8M | 134.6K | 185.8K | 241.3K | 277.5K | 337.8K | |
| Other Current Liab | (161.1K) | (164.3K) | (256.8K) | (1.0) | (0.9) | (0.85) | |
| Total Current Liabilities | 2.6M | 779.3K | 748.6K | 999.1K | 1.1M | 927.7K | |
| Total Stockholder Equity | 7.1M | 11.9M | 8.6M | 6.4M | 7.4M | 4.5M | |
| Net Tangible Assets | (1.9M) | (1.4M) | 5.6M | 2.8M | 3.2M | 3.3M | |
| Net Debt | 1.6M | (4.8M) | (1.8M) | (251.7K) | (226.5K) | (237.8K) | |
| Retained Earnings | (11.8M) | (18.0M) | (22.5M) | (28.0M) | (25.2M) | (23.9M) | |
| Accounts Payable | 940.6K | 639.5K | 534.7K | 680.1K | 782.2K | 473.8K | |
| Cash | 152.0K | 4.9M | 2.0M | 492.9K | 566.9K | 982.0K | |
| Cash And Short Term Investments | 152.0K | 4.9M | 2.0M | 492.9K | 566.9K | 1.1M | |
| Net Receivables | 109.3K | 71.4K | 113.0K | 148.6K | 170.9K | 179.5K | |
| Common Stock Shares Outstanding | 6.7M | 7.9M | 8.5M | 8.0M | 9.1M | 7.5M | |
| Liabilities And Stockholders Equity | 9.9M | 12.7M | 9.5M | 7.5M | 8.6M | 5.5M | |
| Non Current Liabilities Total | 246.9K | 101.1K | 134.8K | 79.8K | 91.8K | 87.2K | |
| Inventory | 52.8K | 131.6K | 229.3K | 168.6K | 193.9K | 203.6K | |
| Other Stockholder Equity | 18.9M | 29.9M | 31.1M | 34.4M | 39.6M | 41.5M | |
| Total Liab | 2.8M | 880.4K | 883.4K | 1.1M | 1.2M | 996.5K | |
| Short Long Term Debt | 1.5M | 14.1K | 19.7K | 127.2K | 146.3K | 253.2K | |
| Total Current Assets | 314.2K | 5.5M | 2.7M | 1.0M | 1.2M | 1.3M | |
| Short Term Debt | 1.6M | 52.8K | 82.3K | 161.5K | 185.7K | 278.1K | |
| Intangible Assets | 1.0M | 926.9K | 780.4K | 667.3K | 767.4K | 494.7K | |
| Common Stock | 6.3K | 7.8K | 7.8K | 8.9K | 8.0K | 10.3K | |
| Property Plant Equipment | 120.6K | 1.1M | 998.3K | 960.5K | 1.1M | 1.2M | |
| Non Current Assets Total | 9.6M | 7.3M | 6.8M | 6.5M | 7.5M | 4.7M | |
| Non Currrent Assets Other | 146.1K | (2.2M) | (7.3M) | (6.8M) | (6.1M) | (5.8M) | |
| Net Invested Capital | 8.8M | 12.0M | 8.7M | 6.6M | 7.6M | 6.2M | |
| Net Working Capital | (2.3M) | 4.7M | 1.9M | 22.8K | 26.2K | 24.9K | |
| Property Plant And Equipment Net | 1.1M | 998.3K | 960.5K | 806.3K | 927.2K | 753.2K | |
| Capital Stock | 6.3K | 7.8K | 7.8K | 8.9K | 8.0K | 7.7K | |
| Capital Lease Obligations | 121.5K | 19.3K | 65.6K | 34.3K | 30.8K | 40.1K | |
| Property Plant And Equipment Gross | 1.1M | 1.3M | 1.5M | 1.5M | 1.7M | 1.2M |
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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.When determining whether Nutriband offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutriband's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nutriband Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutriband Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Biotechnology 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 Nutriband. If investors know Nutriband 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 Nutriband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets | Return On Equity |
The market value of Nutriband is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband's value that differs from its market value or its book value, called intrinsic value, which is Nutriband'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 Nutriband's market value can be influenced by many factors that don't directly affect Nutriband'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 Nutriband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband'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.