| NTRBW Stock | | | USD 1.56 0.09 6.12% |
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 Free Cash Flow Yield and its Average Payables 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.
Free Cash Flow Yield vs Average Payables
Free Cash Flow Yield vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nutriband Warrant Free Cash Flow Yield account and
Average Payables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nutriband Warrant's Free Cash Flow Yield and Average Payables is 0.7. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Average Payables 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 Free Cash Flow Yield and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Nutriband Warrant are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Yield i.e., Nutriband Warrant's Free Cash Flow Yield and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
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.
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 2024, whereas
Selling General Administrative is likely to drop slightly above 3.1
M in 2024.
Nutriband Warrant fundamental ratios Correlations
Click cells to compare fundamentals
Nutriband Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutriband Warrant fundamental ratios Accounts
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