Neptune Net Income vs Capital Expenditures Analysis

NDA Stock

CAD 0.74 0.02 2.78%

Neptune Digital financial indicator trend analysis is infinitely more than just investigating Neptune Digital Assets recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neptune Digital Assets is a good investment. Please check the relationship between Neptune Digital Net Income and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neptune Digital Assets. 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 Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neptune Digital Assets Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Neptune Digital's Net Income and Capital Expenditures is -0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Neptune Digital Assets, assuming nothing else is changed. The correlation between historical values of Neptune Digital's Net Income and Capital Expenditures 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 Income of Neptune Digital Assets are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Neptune Digital's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Neptune Digital Assets financial statement analysis. It represents the amount of money remaining after all of Neptune Digital Assets operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Neptune Digital Assets to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Neptune Digital operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Neptune Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neptune Digital Assets 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 Neptune Digital Assets. 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.

Selling General Administrative is likely to climb to about 2.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 1.04 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	2.4M	745.5K	857.3K	1.0M
Net Interest Income	2.4M	745.5K	857.3K	1.0M

Interest Income Net Interest Income

Neptune Digital fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Short Term Investments	Inventory	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant And Equipment Net
Total Current Liabilities		0.94	-0.83	0.85	-0.02	0.97	0.64	0.93	0.88	0.97	0.89	0.95	0.95	0.78	0.89	0.94	0.96	0.85	0.58	0.99	0.95	0.94	-0.35	0.97	0.93	0.88
Net Tangible Assets	0.94		-0.67	0.73	0.24	0.9	0.8	0.88	0.94	0.96	0.74	0.99	0.99	0.6	0.94	0.9	0.93	0.94	0.7	0.94	0.99	0.9	-0.28	0.95	0.95	0.74
Retained Earnings	-0.83	-0.67		-0.98	0.19	-0.86	-0.23	-0.91	-0.53	-0.82	-0.87	-0.72	-0.71	-0.87	-0.78	-0.9	-0.87	-0.69	-0.06	-0.83	-0.71	-0.9	0.59	-0.86	-0.63	-0.95
Accounts Payable	0.85	0.73	-0.98		-0.03	0.89	0.31	0.96	0.6	0.86	0.83	0.77	0.77	0.86	0.82	0.94	0.91	0.74	0.13	0.87	0.77	0.94	-0.68	0.9	0.69	0.96
Other Assets	-0.02	0.24	0.19	-0.03		0.08	0.25	0.04	0.2	0.09	-0.4	0.15	0.15	-0.05	0.13	0.06	0.05	0.16	0.25	0.08	0.15	0.06	0.04	0.09	0.15	-0.04
Net Receivables	0.97	0.9	-0.86	0.89	0.08		0.49	0.92	0.8	0.97	0.86	0.9	0.9	0.88	0.87	0.92	0.95	0.8	0.45	0.98	0.9	0.92	-0.35	0.97	0.86	0.94
Other Current Assets	0.64	0.8	-0.23	0.31	0.25	0.49		0.57	0.91	0.61	0.36	0.81	0.81	0.04	0.66	0.61	0.59	0.74	0.91	0.64	0.82	0.61	-0.16	0.61	0.85	0.24
Other Stockholder Equity	0.93	0.88	-0.91	0.96	0.04	0.92	0.57		0.79	0.93	0.83	0.91	0.91	0.76	0.91	1.0	0.97	0.87	0.38	0.95	0.91	1.0	-0.63	0.96	0.86	0.91
Total Current Assets	0.88	0.94	-0.53	0.6	0.2	0.8	0.91	0.79		0.84	0.62	0.96	0.96	0.45	0.81	0.82	0.81	0.83	0.87	0.89	0.96	0.82	-0.23	0.84	0.99	0.58
Common Stock	0.97	0.96	-0.82	0.86	0.09	0.97	0.61	0.93	0.84		0.87	0.95	0.95	0.77	0.96	0.93	0.98	0.92	0.5	0.97	0.95	0.93	-0.35	0.99	0.88	0.9
Property Plant Equipment	0.89	0.74	-0.87	0.83	-0.4	0.86	0.36	0.83	0.62	0.87		0.77	0.77	0.78	0.81	0.83	0.88	0.75	0.26	0.84	0.77	0.83	-0.36	0.87	0.7	0.87
Total Assets	0.95	0.99	-0.72	0.77	0.15	0.9	0.81	0.91	0.96	0.95	0.77		1.0	0.6	0.93	0.93	0.94	0.93	0.7	0.96	1.0	0.93	-0.36	0.95	0.98	0.76
Total Stockholder Equity	0.95	0.99	-0.71	0.77	0.15	0.9	0.81	0.91	0.96	0.95	0.77	1.0		0.6	0.93	0.93	0.94	0.93	0.7	0.96	1.0	0.93	-0.36	0.95	0.98	0.75
Cash	0.78	0.6	-0.87	0.86	-0.05	0.88	0.04	0.76	0.45	0.77	0.78	0.6	0.6		0.61	0.74	0.77	0.5	0.06	0.79	0.6	0.74	-0.32	0.77	0.55	0.95
Non Current Assets Total	0.89	0.94	-0.78	0.82	0.13	0.87	0.66	0.91	0.81	0.96	0.81	0.93	0.93	0.61		0.92	0.96	0.99	0.46	0.89	0.93	0.92	-0.42	0.96	0.83	0.81
Non Currrent Assets Other	0.94	0.9	-0.9	0.94	0.06	0.92	0.61	1.0	0.82	0.93	0.83	0.93	0.93	0.74	0.92		0.97	0.88	0.42	0.95	0.93	1.0	-0.62	0.97	0.88	0.89
Common Stock Shares Outstanding	0.96	0.93	-0.87	0.91	0.05	0.95	0.59	0.97	0.81	0.98	0.88	0.94	0.94	0.77	0.96	0.97		0.92	0.43	0.96	0.94	0.97	-0.51	1.0	0.87	0.92
Short Term Investments	0.85	0.94	-0.69	0.74	0.16	0.8	0.74	0.87	0.83	0.92	0.75	0.93	0.93	0.5	0.99	0.88	0.92		0.52	0.85	0.93	0.88	-0.39	0.92	0.84	0.71
Inventory	0.58	0.7	-0.06	0.13	0.25	0.45	0.91	0.38	0.87	0.5	0.26	0.7	0.7	0.06	0.46	0.42	0.43	0.52		0.57	0.7	0.42	0.15	0.47	0.8	0.14
Total Liab	0.99	0.94	-0.83	0.87	0.08	0.98	0.64	0.95	0.89	0.97	0.84	0.96	0.96	0.79	0.89	0.95	0.96	0.85	0.57		0.96	0.95	-0.39	0.97	0.94	0.89
Net Invested Capital	0.95	0.99	-0.71	0.77	0.15	0.9	0.82	0.91	0.96	0.95	0.77	1.0	1.0	0.6	0.93	0.93	0.94	0.93	0.7	0.96		0.93	-0.36	0.95	0.98	0.75
Long Term Investments	0.94	0.9	-0.9	0.94	0.06	0.92	0.61	1.0	0.82	0.93	0.83	0.93	0.93	0.74	0.92	1.0	0.97	0.88	0.42	0.95	0.93		-0.62	0.97	0.88	0.89
Short Long Term Debt	-0.35	-0.28	0.59	-0.68	0.04	-0.35	-0.16	-0.63	-0.23	-0.35	-0.36	-0.36	-0.36	-0.32	-0.42	-0.62	-0.51	-0.39	0.15	-0.39	-0.36	-0.62		-0.45	-0.31	-0.5
Capital Stock	0.97	0.95	-0.86	0.9	0.09	0.97	0.61	0.96	0.84	0.99	0.87	0.95	0.95	0.77	0.96	0.97	1.0	0.92	0.47	0.97	0.95	0.97	-0.45		0.89	0.91
Net Working Capital	0.93	0.95	-0.63	0.69	0.15	0.86	0.85	0.86	0.99	0.88	0.7	0.98	0.98	0.55	0.83	0.88	0.87	0.84	0.8	0.94	0.98	0.88	-0.31	0.89		0.68
Property Plant And Equipment Net	0.88	0.74	-0.95	0.96	-0.04	0.94	0.24	0.91	0.58	0.9	0.87	0.76	0.75	0.95	0.81	0.89	0.92	0.71	0.14	0.89	0.75	0.89	-0.5	0.91	0.68

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Neptune Digital Account Relationship Matchups

Neptune Digital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	233.8K	769.1K	890.8K	654.5K	752.6K	533.4K
Net Tangible Assets	2.6M	3.6M	53.9M	35.2M	40.4M	22.4M
Retained Earnings	(26.3M)	(26.9M)	(47.9M)	(53.1M)	(47.8M)	(50.1M)
Accounts Payable	17.3K	38.9K	170.0K	470.5K	541.0K	568.1K
Other Assets	2.1M	2.3M	6.1M	4.5M	5.2M	4.5M
Net Receivables	77.9K	213.8K	322.0K	242.1K	278.4K	179.9K
Other Current Assets	167.3K	887.4K	31.1M	4.5M	5.2M	8.1M
Other Stockholder Equity	4.4M	4.7M	24.0M	26.3M	30.3M	31.8M
Total Current Assets	1.5M	45.8M	26.6M	15.2M	17.5M	16.7M
Total Assets	3.8M	54.7M	36.0M	32.9M	37.9M	28.7M
Total Stockholder Equity	3.6M	53.9M	35.2M	32.3M	37.1M	28.0M
Cash	117.6K	154.8K	4.8M	2.9M	3.4M	1.9M
Non Current Assets Total	2.3M	17.8M	9.4M	17.7M	20.4M	10.9M
Short Term Investments	513.8K	14.3M	4.0M	11.7M	13.4M	6.7M
Total Liab	233.8K	769.1K	890.8K	654.5K	752.6K	611.0K
Net Invested Capital	3.6M	53.9M	35.2M	32.3M	37.1M	28.1M
Net Working Capital	1.2M	36.1M	25.7M	14.5M	16.7M	17.2M

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