| 0R9G Stock | | | 1.69 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 Tangible Assets and its Property Plant Equipment 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 Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naturhouse Health Net Tangible Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Naturhouse Health's Net Tangible Assets and Property Plant Equipment is -0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment 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 Tangible Assets and Property Plant Equipment 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 Tangible Assets of Naturhouse Health SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Naturhouse Health's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.73 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Property Plant Equipment
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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