| NTRBW Stock | | | USD 1.90 0.34 21.79% |
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 Long Term Debt and its Net Working Capital 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.
Long Term Debt vs Net Working Capital
Long Term Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nutriband Warrant Long Term Debt account and
Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nutriband Warrant's Long Term Debt and Net Working Capital is -0.46. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital 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 Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nutriband Warrant are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Nutriband Warrant's Long Term Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Nutriband Warrant has held for over one year. Long-term debt appears on Nutriband Warrant balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nutriband Warrant balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Working Capital
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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Additional Tools for Nutriband Stock Analysis
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predict the probability of Nutriband Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband Warrant's price. Additionally, you may evaluate how the addition of Nutriband Warrant to your portfolios can decrease your overall portfolio volatility.