Nutriband Average Payables vs Capex To Revenue Analysis

NTRBW Stock  USD 1.71  0.31  22.14%   
Nutriband Warrant financial indicator trend analysis is infinitely more than just investigating Nutriband Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband Warrant is a good investment. Please check the relationship between Nutriband Warrant Average Payables and its Capex To Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband Warrant guide.

Average Payables vs Capex To Revenue

JavaScript chart by amCharts 3.21.1520162018202020222024620K640K660K680K700K720K740K760K780K800K820K840K 0.020.0250.030.0350.040.0450.05
JavaScript chart by amCharts 3.21.15Average Payablestotal: 9.5MCapex To Revenuetotal: 0.3696389511546279

Average Payables vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Warrant Average Payables account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
Average PayablesCapex To RevenueDiversified AwayAverage PayablesCapex To RevenueDiversified Away100%
The correlation between Nutriband Warrant's Average Payables and Capex To Revenue is -0.15. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Nutriband Warrant, assuming nothing else is changed. The correlation between historical values of Nutriband Warrant's Average Payables and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Nutriband Warrant are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Average Payables i.e., Nutriband Warrant's Average Payables and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Nutriband Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband Warrant 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 Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband Warrant guide.Sales General And Administrative To Revenue is likely to climb to 3.26 in 2025, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2025.
 2022 2023 2024 2025 (projected)
Reconciled Depreciation369.0K287.7K330.9K233.4K
Cost Of Revenue1.3M1.2M1.4M896.5K

Nutriband Warrant fundamental ratios Correlations

0.520.650.99-0.51-0.840.850.730.720.790.840.10.850.680.790.47-0.83-0.360.810.780.770.990.380.380.960.92
0.520.830.410.35-0.30.67-0.02-0.020.440.190.240.320.850.011.0-0.56-0.150.330.17-0.050.490.98-0.450.580.72
0.650.830.530.15-0.560.920.140.130.570.430.630.541.00.190.83-0.850.090.620.350.160.580.78-0.380.630.71
0.990.410.53-0.6-0.830.770.790.780.760.86-0.010.850.560.850.35-0.75-0.420.780.80.840.990.260.510.950.89
-0.510.350.15-0.60.34-0.14-0.94-0.94-0.14-0.450.11-0.360.13-0.920.40.230.17-0.28-0.41-0.9-0.530.44-0.95-0.36-0.2
-0.84-0.3-0.56-0.830.34-0.8-0.5-0.49-0.95-0.92-0.12-0.98-0.58-0.59-0.260.810.36-0.96-0.93-0.65-0.84-0.13-0.22-0.86-0.81
0.850.670.920.77-0.14-0.80.390.370.750.720.510.780.930.460.65-0.93-0.040.830.610.450.790.57-0.080.80.83
0.73-0.020.140.79-0.94-0.50.391.00.350.56-0.040.540.170.99-0.07-0.46-0.250.450.530.950.76-0.130.850.610.48
0.72-0.020.130.78-0.94-0.490.371.00.340.54-0.050.540.150.99-0.08-0.45-0.260.430.530.960.74-0.140.860.60.47
0.790.440.570.76-0.14-0.950.750.350.340.87-0.020.960.590.440.4-0.75-0.490.930.920.490.80.270.070.880.87
0.840.190.430.86-0.45-0.920.720.560.540.87-0.010.920.460.660.14-0.74-0.450.90.940.690.840.020.370.860.78
0.10.240.63-0.010.11-0.120.51-0.04-0.05-0.02-0.010.060.59-0.040.26-0.460.760.25-0.12-0.060.00.27-0.39-0.05-0.02
0.850.320.540.85-0.36-0.980.780.540.540.960.920.060.570.630.28-0.79-0.40.960.950.680.870.140.260.880.84
0.680.851.00.560.13-0.580.930.170.150.590.460.590.570.210.84-0.850.050.630.380.180.620.79-0.350.660.75
0.790.010.190.85-0.92-0.590.460.990.990.440.66-0.040.630.21-0.05-0.53-0.30.540.630.980.81-0.120.840.680.55
0.471.00.830.350.4-0.260.65-0.07-0.080.40.140.260.280.84-0.05-0.53-0.110.30.11-0.110.430.99-0.50.530.67
-0.83-0.56-0.85-0.750.230.81-0.93-0.46-0.45-0.75-0.74-0.46-0.79-0.85-0.53-0.530.16-0.81-0.69-0.52-0.78-0.45-0.02-0.8-0.8
-0.36-0.150.09-0.420.170.36-0.04-0.25-0.26-0.49-0.450.76-0.40.05-0.3-0.110.16-0.21-0.56-0.31-0.43-0.05-0.33-0.55-0.52
0.810.330.620.78-0.28-0.960.830.450.430.930.90.250.960.630.540.3-0.81-0.210.90.560.80.170.140.810.77
0.780.170.350.8-0.41-0.930.610.530.530.920.94-0.120.950.380.630.11-0.69-0.560.90.670.81-0.020.370.840.76
0.77-0.050.160.84-0.9-0.650.450.950.960.490.69-0.060.680.180.98-0.11-0.52-0.310.560.670.79-0.190.820.670.54
0.990.490.580.99-0.53-0.840.790.760.740.80.840.00.870.620.810.43-0.78-0.430.80.810.790.340.440.970.93
0.380.980.780.260.44-0.130.57-0.13-0.140.270.020.270.140.79-0.120.99-0.45-0.050.17-0.02-0.190.34-0.530.430.58
0.38-0.45-0.380.51-0.95-0.22-0.080.850.860.070.37-0.390.26-0.350.84-0.5-0.02-0.330.140.370.820.44-0.530.280.12
0.960.580.630.95-0.36-0.860.80.610.60.880.86-0.050.880.660.680.53-0.8-0.550.810.840.670.970.430.280.98
0.920.720.710.89-0.2-0.810.830.480.470.870.78-0.020.840.750.550.67-0.8-0.520.770.760.540.930.580.120.98
Click cells to compare fundamentals

Nutriband Warrant Account Relationship Matchups

Nutriband Warrant fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.9M12.7M9.5M7.5M8.6M5.5M
Short Long Term Debt Total1.8M134.6K185.8K241.3K277.5K337.8K
Total Current Liabilities2.6M779.3K748.6K999.1K1.1M927.7K
Total Stockholder Equity7.1M11.9M8.6M6.4M7.4M4.5M
Net Debt1.6M(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 Payable940.6K639.5K534.7K680.1K782.2K473.8K
Cash152.0K4.9M2.0M492.9K566.9K982.0K
Cash And Short Term Investments152.0K4.9M2.0M492.9K566.9K1.1M
Net Receivables109.3K71.4K113.0K148.6K170.9K179.5K
Common Stock Shares Outstanding6.7M7.9M8.5M8.0M9.1M7.5M
Liabilities And Stockholders Equity9.9M12.7M9.5M7.5M8.6M5.5M
Non Current Liabilities Total246.9K101.1K134.8K79.8K91.8K87.2K
Other Stockholder Equity18.9M29.9M31.1M34.4M39.6M41.5M
Total Liab2.8M880.4K883.4K1.1M1.2M996.5K
Total Current Assets314.2K5.5M2.7M1.0M1.2M1.3M
Short Term Debt1.6M52.8K82.3K195.7K225.1K282.3K
Common Stock6.3K7.8K7.8K8.9K8.0K10.3K
Other Current Liab(161.1K)(164.3K)(256.8K)(260.3K)(234.3K)(222.6K)
Inventory52.8K131.6K229.3K168.6K193.9K203.6K
Other Current Assets0.0740.9K365.9K211.7K243.4K220.6K
Non Current Assets Total9.6M7.3M6.8M6.5M7.5M5.4M
Net Invested Capital8.8M12.0M8.7M6.6M7.6M6.2M
Short Long Term Debt1.5M14.1K19.7K127.2K114.5K108.7K
Net Working Capital(2.3M)4.7M1.9M22.8K26.2K24.9K
Property Plant And Equipment Net1.1M998.3K960.5K806.3K927.2K753.2K
Capital Stock6.3K7.8K7.8K8.9K8.0K7.7K
Intangible Assets1.0M926.9K780.4K667.3K767.4K742.1K
Capital Lease Obligations121.5K19.3K65.6K34.3K30.8K40.1K
Property Plant And Equipment Gross1.2M1.3M1.5M1.5M1.7M1.2M

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