0R9G Stock | | | 1.68 0.01 0.59% |
Naturhouse Health financial indicator trend analysis is infinitely more than just investigating Naturhouse Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naturhouse Health is a good investment. Please check the relationship between Naturhouse Health Net Receivables and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health SA. 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.
Net Receivables vs Total Liab
Net Receivables vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naturhouse Health Net Receivables account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Naturhouse Health's Net Receivables and Total Liab is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Naturhouse Health SA, assuming nothing else is changed. The correlation between historical values of Naturhouse Health's Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Naturhouse Health SA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Naturhouse Health's Net Receivables and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Naturhouse Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naturhouse Health 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health SA. 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, Naturhouse Health's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 21.2
M in 2024, whereas
Discontinued Operations is likely to drop (4.6
M) in 2024.
Naturhouse Health fundamental ratios Correlations
Click cells to compare fundamentals
Naturhouse Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naturhouse Health fundamental ratios Accounts
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Additional Tools for Naturhouse Stock Analysis
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measure Naturhouse Health'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 Naturhouse Health is operating at the current time. Most of Naturhouse Health's value examination focuses on studying past and present price action to
predict the probability of Naturhouse Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naturhouse Health's price. Additionally, you may evaluate how the addition of Naturhouse Health to your portfolios can decrease your overall portfolio volatility.