Numinus Income Quality vs Roic Analysis

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 Income Quality and its Roic 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.

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Numinus Wellness Income Quality account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Numinus Wellness' Income Quality and Roic is -0.08. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roic 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' Income Quality and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Numinus Wellness are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Income Quality i.e., Numinus Wellness' Income Quality and Roic go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	557.8K	759.7K	873.6K	917.3K
Depreciation And Amortization	1.5M	2.8M	3.3M	3.4M

Interest Expense Depreciation And Amortization

Numinus Wellness fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Accounts Payable	Other Assets	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Capital Lease Obligations
Total Assets		0.28	0.64	0.98	0.65	-0.86	-0.63	0.95	0.65	0.95	0.54	0.71	0.84	0.65	0.97	0.77	0.6	0.6	0.94	0.71	0.66	0.4	0.64	-0.7	-0.45	0.61
Other Current Liab	0.28		0.58	0.2	0.54	-0.03	-0.42	0.13	0.52	0.13	0.45	0.41	0.37	0.5	0.16	0.37	0.53	0.41	0.3	0.74	0.6	0.57	0.42	-0.73	-0.39	0.42
Total Current Liabilities	0.64	0.58		0.52	0.99	-0.19	-0.96	0.42	0.97	0.42	0.97	0.97	0.91	0.99	0.48	0.94	0.98	0.96	0.73	0.92	0.94	0.89	0.96	-0.87	-0.29	0.96
Total Stockholder Equity	0.98	0.2	0.52		0.53	-0.93	-0.5	0.99	0.53	0.99	0.42	0.61	0.76	0.52	1.0	0.68	0.48	0.48	0.9	0.62	0.52	0.26	0.51	-0.62	-0.43	0.49
Property Plant And Equipment Net	0.65	0.54	0.99	0.53		-0.19	-0.97	0.43	1.0	0.43	0.97	0.96	0.93	1.0	0.48	0.95	0.99	0.98	0.72	0.88	0.93	0.92	0.99	-0.82	-0.35	0.98
Net Debt	-0.86	-0.03	-0.19	-0.93	-0.19		0.17	-0.97	-0.19	-0.97	-0.08	-0.3	-0.49	-0.19	-0.95	-0.38	-0.14	-0.14	-0.73	-0.37	-0.22	0.09	-0.17	0.4	0.34	-0.14
Retained Earnings	-0.63	-0.42	-0.96	-0.5	-0.97	0.17		-0.4	-0.95	-0.4	-0.98	-0.97	-0.93	-0.97	-0.46	-0.96	-0.97	-0.98	-0.76	-0.81	-0.91	-0.89	-0.97	0.75	0.36	-0.98
Cash	0.95	0.13	0.42	0.99	0.43	-0.97	-0.4		0.42	1.0	0.32	0.52	0.69	0.42	1.0	0.6	0.38	0.38	0.85	0.54	0.41	0.15	0.41	-0.55	-0.41	0.38
Non Current Assets Total	0.65	0.52	0.97	0.53	1.0	-0.19	-0.95	0.42		0.42	0.95	0.94	0.92	0.99	0.47	0.93	0.98	0.98	0.71	0.85	0.91	0.92	0.99	-0.79	-0.36	0.98
Cash And Short Term Investments	0.95	0.13	0.42	0.99	0.43	-0.97	-0.4	1.0	0.42		0.32	0.52	0.69	0.42	1.0	0.6	0.38	0.38	0.85	0.54	0.41	0.15	0.41	-0.55	-0.41	0.38
Net Receivables	0.54	0.45	0.97	0.42	0.97	-0.08	-0.98	0.32	0.95	0.32		0.97	0.89	0.98	0.38	0.95	0.98	0.97	0.69	0.82	0.89	0.91	0.96	-0.77	-0.28	0.97
Common Stock Shares Outstanding	0.71	0.41	0.97	0.61	0.96	-0.3	-0.97	0.52	0.94	0.52	0.97		0.96	0.97	0.57	0.99	0.96	0.96	0.82	0.85	0.89	0.84	0.95	-0.81	-0.34	0.96
Other Current Assets	0.84	0.37	0.91	0.76	0.93	-0.49	-0.93	0.69	0.92	0.69	0.89	0.96		0.94	0.73	0.99	0.92	0.93	0.9	0.82	0.84	0.79	0.94	-0.77	-0.47	0.93
Total Liab	0.65	0.5	0.99	0.52	1.0	-0.19	-0.97	0.42	0.99	0.42	0.98	0.97	0.94		0.48	0.96	0.99	0.99	0.73	0.86	0.92	0.92	0.99	-0.8	-0.34	0.99
Total Current Assets	0.97	0.16	0.48	1.0	0.48	-0.95	-0.46	1.0	0.47	1.0	0.38	0.57	0.73	0.48		0.64	0.43	0.43	0.88	0.58	0.47	0.21	0.46	-0.59	-0.42	0.44
Common Stock	0.77	0.37	0.94	0.68	0.95	-0.38	-0.96	0.6	0.93	0.6	0.95	0.99	0.99	0.96	0.64		0.95	0.95	0.86	0.82	0.87	0.82	0.95	-0.77	-0.41	0.95
Property Plant Equipment	0.6	0.53	0.98	0.48	0.99	-0.14	-0.97	0.38	0.98	0.38	0.98	0.96	0.92	0.99	0.43	0.95		0.98	0.7	0.85	0.91	0.93	0.98	-0.79	-0.35	0.98
Short Long Term Debt Total	0.6	0.41	0.96	0.48	0.98	-0.14	-0.98	0.38	0.98	0.38	0.97	0.96	0.93	0.99	0.43	0.95	0.98		0.7	0.78	0.88	0.94	1.0	-0.71	-0.37	1.0
Net Tangible Assets	0.94	0.3	0.73	0.9	0.72	-0.73	-0.76	0.85	0.71	0.85	0.69	0.82	0.9	0.73	0.88	0.86	0.7	0.7		0.74	0.76	0.51	0.72	-0.72	-0.5	0.71
Current Deferred Revenue	0.71	0.74	0.92	0.62	0.88	-0.37	-0.81	0.54	0.85	0.54	0.82	0.85	0.82	0.86	0.58	0.82	0.85	0.78	0.74		0.91	0.7	0.79	-0.99	-0.25	0.79
Accounts Payable	0.66	0.6	0.94	0.52	0.93	-0.22	-0.91	0.41	0.91	0.41	0.89	0.89	0.84	0.92	0.47	0.87	0.91	0.88	0.76	0.91		0.79	0.88	-0.89	-0.23	0.88
Other Assets	0.4	0.57	0.89	0.26	0.92	0.09	-0.89	0.15	0.92	0.15	0.91	0.84	0.79	0.92	0.21	0.82	0.93	0.94	0.51	0.7	0.79		0.93	-0.62	-0.49	0.94
Non Current Liabilities Total	0.64	0.42	0.96	0.51	0.99	-0.17	-0.97	0.41	0.99	0.41	0.96	0.95	0.94	0.99	0.46	0.95	0.98	1.0	0.72	0.79	0.88	0.93		-0.72	-0.37	1.0
Inventory	-0.7	-0.73	-0.87	-0.62	-0.82	0.4	0.75	-0.55	-0.79	-0.55	-0.77	-0.81	-0.77	-0.8	-0.59	-0.77	-0.79	-0.71	-0.72	-0.99	-0.89	-0.62	-0.72		0.17	-0.72
Other Stockholder Equity	-0.45	-0.39	-0.29	-0.43	-0.35	0.34	0.36	-0.41	-0.36	-0.41	-0.28	-0.34	-0.47	-0.34	-0.42	-0.41	-0.35	-0.37	-0.5	-0.25	-0.23	-0.49	-0.37	0.17		-0.38
Capital Lease Obligations	0.61	0.42	0.96	0.49	0.98	-0.14	-0.98	0.38	0.98	0.38	0.97	0.96	0.93	0.99	0.44	0.95	0.98	1.0	0.71	0.79	0.88	0.94	1.0	-0.72	-0.38

Click cells to compare fundamentals

Numinus Wellness Account Relationship Matchups

Numinus Wellness fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1M	64.1M	52.6M	24.3M	28.0M	20.6M
Other Current Liab	334.0K	172.0K	150K	196.3K	225.7K	190.2K
Total Current Liabilities	2.0M	1.9M	4.6M	4.6M	5.3M	5.6M
Total Stockholder Equity	2.8M	60.8M	41.2M	14.0M	16.2M	16.6M
Property Plant And Equipment Net	2.4M	3.1M	11.4M	9.8M	11.3M	11.8M
Net Debt	(1.2M)	(57.7M)	(25.2M)	(1.4M)	(1.2M)	(1.3M)
Retained Earnings	(23.0M)	(41.7M)	(86.6M)	(116.9M)	(105.2M)	(99.9M)
Cash	1.6M	59.3M	33.0M	8.6M	9.9M	14.1M
Non Current Assets Total	2.5M	3.2M	16.5M	12.3M	14.1M	14.8M
Non Currrent Assets Other	13.9K	24.7K	237.9K	406.1K	467.0K	490.3K
Cash And Short Term Investments	1.6M	59.3M	33.0M	8.6M	9.9M	14.2M
Net Receivables	541.5K	515.8K	1.6M	2.3M	2.6M	2.8M
Common Stock Shares Outstanding	63.8M	164.9M	216.6M	263.6M	303.2M	318.3M
Liabilities And Stockholders Equity	5.1M	64.1M	52.6M	24.3M	28.0M	20.6M
Other Current Assets	85.1K	1.2M	1.5M	1.2M	1.4M	1.4M
Total Liab	2.3M	3.3M	11.4M	10.3M	11.8M	12.4M
Total Current Assets	2.7M	61.0M	36.1M	12.1M	13.9M	15.5M
Accumulated Other Comprehensive Income	6.8M	13.2M	17.5M	18.6M	21.4M	22.5M
Short Term Debt	105.9K	404.1K	1.4M	1.6M	1.8M	1.9M
Common Stock	18.9M	88.9M	109.2M	112.3M	129.1M	135.6M
Property Plant Equipment	2.6M	2.4M	3.1M	11.4M	13.1M	13.7M
Short Long Term Debt Total	421.6K	1.6M	7.9M	7.2M	8.3M	8.7M
Net Tangible Assets	1.4M	2.8M	60.8M	38.7M	44.5M	23.2M
Accounts Payable	1.7M	1.3M	2.7M	2.9M	3.3M	1.9M
Other Assets	144.9K	13.9K	24.7K	237.9K	273.6K	287.3K
Non Current Liabilities Total	315.7K	1.4M	6.8M	5.6M	6.5M	6.8M
Other Stockholder Equity	200K	6.8M	499.6K	1.1M	978.9K	1.8M
Capital Lease Obligations	381.6K	1.6M	7.6M	7.0M	8.0M	8.4M
Net Invested Capital	2.8M	60.8M	41.5M	14.3M	16.4M	26.6M
Capital Stock	18.9M	88.9M	109.2M	112.3M	129.1M	73.5M
Net Working Capital	663.7K	59.1M	31.5M	7.4M	8.5M	8.1M

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Numinus Income Quality vs Roic Analysis

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

Correlation Coefficient

Income Quality

Roic

Numinus Wellness fundamental ratios Correlations

Numinus Wellness Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Numinus Wellness fundamental ratios Accounts

Other Information on Investing in Numinus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Inventory	- 0.99	Current Deferred Revenue
Capital Lease Obligations	- 0.98	Retained Earnings
Short Long Term Debt Total	- 0.98	Retained Earnings
Net Receivables	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.97	Retained Earnings
Property Plant Equipment	- 0.97	Retained Earnings