Neutrisci International Stock Current Ratio

NU Stock  CAD 12.53  1.00  7.39%   
NeutriSci International fundamentals help investors to digest information that contributes to NeutriSci International's financial success or failures. It also enables traders to predict the movement of NeutriSci Stock. The fundamental analysis module provides a way to measure NeutriSci International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NeutriSci International stock.
Last ReportedProjected for Next Year
Current Ratio 0.26  0.24 
Current Ratio is likely to drop to 0.24 in 2024.
  
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NeutriSci International Company Current Ratio Analysis

NeutriSci International's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

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Current NeutriSci International Current Ratio

    
  1.10 X  
Most of NeutriSci International's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NeutriSci International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NeutriSci Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for NeutriSci International is extremely important. It helps to project a fair market value of NeutriSci Stock properly, considering its historical fundamentals such as Current Ratio. Since NeutriSci International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NeutriSci International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NeutriSci International's interrelated accounts and indicators.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

NeutriSci Price To Sales Ratio

Price To Sales Ratio

5.95

At this time, NeutriSci International's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, NeutriSci International has a Current Ratio of 1.1 times. This is 62.2% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The current ratio for all Canada stocks is 49.07% higher than that of the company.

NeutriSci International Current Valuation Drivers

We derive many important indicators used in calculating different scores of NeutriSci International from analyzing NeutriSci International's financial statements. These drivers represent accounts that assess NeutriSci International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NeutriSci International's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.9M18.6M8.7M2.5M2.2M2.1M
Enterprise Value2.9M18.6M8.8M2.5M2.2M2.1M

NeutriSci Fundamentals

About NeutriSci International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NeutriSci International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NeutriSci International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NeutriSci International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for NeutriSci Stock Analysis

When running NeutriSci International's price analysis, check to measure NeutriSci International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NeutriSci International is operating at the current time. Most of NeutriSci International's value examination focuses on studying past and present price action to predict the probability of NeutriSci International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeutriSci International's price. Additionally, you may evaluate how the addition of NeutriSci International to your portfolios can decrease your overall portfolio volatility.