NUMI Stock | | | 0.04 0.01 10.00% |
Numinus Wellness financial indicator trend analysis is infinitely more than just investigating Numinus Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Numinus Wellness is a good investment. Please check the relationship between Numinus Wellness Ev To Sales and its Days Payables Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Numinus Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ev To Sales vs Days Payables Outstanding
Ev To Sales vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Numinus Wellness Ev To Sales account and
Days Payables Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Numinus Wellness' Ev To Sales and Days Payables Outstanding is -0.53. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Numinus Wellness, assuming nothing else is changed. The correlation between historical values of Numinus Wellness' Ev To Sales and Days Payables Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Numinus Wellness are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Ev To Sales i.e., Numinus Wellness' Ev To Sales and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Days Payables Outstanding
Most indicators from Numinus Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Numinus Wellness 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 Numinus Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Numinus Wellness'
Selling General Administrative is very stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, while
Sales General And Administrative To Revenue is likely to drop 1.44.
Numinus Wellness fundamental ratios Correlations
Click cells to compare fundamentals
Numinus Wellness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Numinus Wellness fundamental ratios Accounts
Other Information on Investing in Numinus Stock
Balance Sheet is a snapshot of the
financial position of Numinus Wellness at a specified time, usually calculated after every quarter, six months, or one year. Numinus Wellness Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Numinus Wellness and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Numinus currently owns. An asset can also be divided into two categories, current and non-current.