Natural Non Operating Income Net Other vs Income Before Tax Analysis

NAII Stock  USD 4.56  0.27  6.29%   
Natural Alternatives financial indicator trend analysis is infinitely more than just investigating Natural Alternatives recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Alternatives is a good investment. Please check the relationship between Natural Alternatives Non Operating Income Net Other and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Non Operating Income Net Other vs Income Before Tax

Non Operating Income Net Other vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Alternatives Non Operating Income Net Other account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natural Alternatives' Non Operating Income Net Other and Income Before Tax is 0.46. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Natural Alternatives International, assuming nothing else is changed. The correlation between historical values of Natural Alternatives' Non Operating Income Net Other and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Natural Alternatives International are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Non Operating Income Net Other i.e., Natural Alternatives' Non Operating Income Net Other and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Non Operating Income Net Other

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Natural Alternatives income statement and is an important metric when analyzing Natural Alternatives profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Natural Alternatives' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Alternatives 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 Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, Natural Alternatives' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Natural Alternatives' current Enterprise Value is estimated to increase to about 85.8 M, while Selling General Administrative is projected to decrease to under 13.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit30.5M18.2M6.9M6.5M
Total Revenue171.0M154.0M113.8M83.4M

Natural Alternatives fundamental ratios Correlations

0.730.730.890.930.930.70.960.220.930.220.6-0.510.890.740.87-0.050.950.63-0.280.80.710.880.340.330.54
0.730.350.540.610.760.70.6-0.090.78-0.090.27-0.560.770.240.820.210.750.2-0.020.80.310.74-0.03-0.120.15
0.730.350.820.830.480.120.790.660.480.660.78-0.620.410.780.420.250.560.840.150.330.790.390.080.080.62
0.890.540.820.830.730.50.840.430.730.440.76-0.480.720.770.640.060.850.75-0.080.60.870.640.290.280.59
0.930.610.830.830.780.430.980.450.770.450.69-0.680.680.850.70.160.770.79-0.080.570.730.710.190.20.67
0.930.760.480.730.780.90.85-0.131.0-0.130.32-0.280.980.510.97-0.290.970.33-0.510.940.510.990.430.420.31
0.70.70.120.50.430.90.55-0.50.9-0.50.020.050.940.160.91-0.50.87-0.06-0.650.950.250.920.490.460.02
0.960.60.790.840.980.850.550.330.850.330.63-0.540.770.830.77-0.020.840.72-0.250.660.720.80.320.350.64
0.22-0.090.660.430.45-0.13-0.50.33-0.141.00.69-0.63-0.20.58-0.240.63-0.020.810.62-0.310.49-0.25-0.25-0.240.52
0.930.780.480.730.771.00.90.85-0.14-0.130.32-0.290.980.50.97-0.280.970.32-0.50.940.510.990.420.40.3
0.22-0.090.660.440.45-0.13-0.50.331.0-0.130.69-0.63-0.20.58-0.240.63-0.020.810.62-0.310.49-0.25-0.25-0.240.52
0.60.270.780.760.690.320.020.630.690.320.69-0.560.30.810.230.330.450.920.230.140.860.220.220.150.81
-0.51-0.56-0.62-0.48-0.68-0.280.05-0.54-0.63-0.29-0.63-0.56-0.2-0.55-0.31-0.74-0.29-0.66-0.54-0.18-0.46-0.210.490.55-0.3
0.890.770.410.720.680.980.940.77-0.20.98-0.20.3-0.20.410.96-0.330.980.25-0.530.960.480.970.460.430.25
0.740.240.780.770.850.510.160.830.580.50.580.81-0.550.410.390.090.540.93-0.070.240.870.450.30.320.79
0.870.820.420.640.70.970.910.77-0.240.97-0.240.23-0.310.960.39-0.260.920.21-0.460.960.410.970.320.290.17
-0.050.210.250.060.16-0.29-0.5-0.020.63-0.280.630.33-0.74-0.330.09-0.26-0.240.340.91-0.340.03-0.38-0.74-0.780.15
0.950.750.560.850.770.970.870.84-0.020.97-0.020.45-0.290.980.540.92-0.240.41-0.430.920.620.930.440.410.37
0.630.20.840.750.790.33-0.060.720.810.320.810.92-0.660.250.930.210.340.410.230.080.840.230.140.120.78
-0.28-0.020.15-0.08-0.08-0.51-0.65-0.250.62-0.50.620.23-0.54-0.53-0.07-0.460.91-0.430.23-0.5-0.09-0.61-0.66-0.73-0.02
0.80.80.330.60.570.940.950.66-0.310.94-0.310.14-0.180.960.240.96-0.340.920.08-0.50.350.940.350.30.03
0.710.310.790.870.730.510.250.720.490.510.490.86-0.460.480.870.410.030.620.84-0.090.350.450.310.280.69
0.880.740.390.640.710.990.920.8-0.250.99-0.250.22-0.210.970.450.97-0.380.930.23-0.610.940.450.440.440.25
0.34-0.030.080.290.190.430.490.32-0.250.42-0.250.220.490.460.30.32-0.740.440.14-0.660.350.310.440.960.37
0.33-0.120.080.280.20.420.460.35-0.240.4-0.240.150.550.430.320.29-0.780.410.12-0.730.30.280.440.960.4
0.540.150.620.590.670.310.020.640.520.30.520.81-0.30.250.790.170.150.370.78-0.020.030.690.250.370.4
Click cells to compare fundamentals

Natural Alternatives Account Relationship Matchups

Natural Alternatives fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.2M120.3M146.0M134.2M162.3M170.5M
Other Current Liab5.2M7.8M6.1M5.0M5.3M5.6M
Total Current Liabilities27.8M23.7M23.3M15.9M23.5M24.6M
Total Stockholder Equity71.4M80.1M88.5M88.8M82.6M86.7M
Property Plant And Equipment Net39.9M38.1M66.3M74.2M95.7M100.5M
Net Debt(1.7M)(15.7M)10.0M17.3M48.3M50.7M
Retained Earnings56.2M66.9M77.7M80.2M73.0M76.6M
Cash30.5M32.1M21.8M13.6M12.0M10.7M
Non Current Assets Total41.2M39.9M69.3M77.1M100.7M105.8M
Cash And Short Term Investments30.5M32.1M21.8M13.6M12.0M10.7M
Net Receivables17.8M17.9M17.5M7.3M16.9M9.1M
Common Stock Shares Outstanding6.7M6.4M6.2M5.9M5.9M9.1M
Liabilities And Stockholders Equity120.2M120.3M146.0M134.2M162.3M170.5M
Non Current Liabilities Total21.0M16.5M34.2M29.5M56.3M59.1M
Inventory28.0M27.0M32.5M29.7M24.2M13.5M
Other Current Assets2.3M3.3M4.9M6.4M8.5M8.9M
Other Stockholder Equity16.3M13.6M9.1M8.6M9.6M14.1M
Total Liab48.8M40.2M57.5M45.4M79.7M83.7M
Total Current Assets79.0M80.3M76.7M57.0M61.6M36.0M
Non Currrent Assets Other1.1M1.6M2.5M2.6M5.0M5.2M
Accounts Payable12.5M11.9M16.0M7.8M12.7M7.2M
Property Plant And Equipment Gross39.9M38.1M114.7M124.9M151.1M158.6M
Accumulated Other Comprehensive Income(1.2M)(561K)1.7M(83K)(22K)(23.1K)
Other Liab2.2M1.6M2.7M1.3M1.5M1.3M
Other Assets1.3M1.8M3.0M2.4M2.8M1.4M
Property Plant Equipment39.9M38.1M66.3M74.2M85.3M89.6M
Net Tangible Assets71.4M80.1M88.5M88.8M102.1M69.2M
Net Invested Capital81.4M80.1M98.3M98.3M95.2M90.6M

Currently Active Assets on Macroaxis

When determining whether Natural Alternatives offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natural Alternatives' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natural Alternatives International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natural Alternatives International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Natural Alternatives. If investors know Natural will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Natural Alternatives listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.741
Earnings Share
(1.44)
Revenue Per Share
19.383
Quarterly Revenue Growth
0.265
Return On Assets
(0.04)
The market value of Natural Alternatives is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Alternatives' value that differs from its market value or its book value, called intrinsic value, which is Natural Alternatives' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Natural Alternatives' market value can be influenced by many factors that don't directly affect Natural Alternatives' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Natural Alternatives' value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Alternatives is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Alternatives' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.