Numinus Interest Coverage vs Days Of Inventory On Hand 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 Interest Coverage and its Days Of Inventory On Hand 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.
Interest Coverage vs Days Of Inventory On Hand
Interest Coverage vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Numinus Wellness Interest Coverage account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have pay attention.
The correlation between Numinus Wellness' Interest Coverage and Days Of Inventory On Hand is -0.89. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Days Of Inventory On Hand 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' Interest Coverage and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Numinus Wellness are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Interest Coverage i.e., Numinus Wellness' Interest Coverage and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Interest Coverage
Days Of Inventory On Hand
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 |
Numinus Wellness fundamental ratios Correlations
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Numinus Wellness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.