Neurotech Retained Earnings vs Net Debt Analysis

NTI Stock

0.07 0 1.45%

Neurotech International financial indicator trend analysis is infinitely more than just investigating Neurotech International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neurotech International is a good investment. Please check the relationship between Neurotech International Retained Earnings and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurotech 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 board of governors.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurotech International Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Neurotech International's Retained Earnings and Net Debt is -0.09. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Neurotech International, assuming nothing else is changed. The correlation between historical values of Neurotech International's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Neurotech International are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Neurotech International's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Neurotech International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neurotech International 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 Neurotech 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 board of governors.

Selling General Administrative is likely to drop to about 694.9 K in 2024. Issuance Of Capital Stock is likely to drop to about 6.4 M in 2024

	2021	2022	2023 (projected)
Cost Of Revenue	573.5K	1.7K	7.8K
Research Development	2.6M	6.5M	5.2M

Cost Of Revenue Research Development

Neurotech International fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets
Total Assets		0.78	-0.28	0.89	-0.22	0.28	0.17	0.84	0.04	0.73	0.89	0.9	-0.1	-0.12	-0.41	0.99	-0.03	0.21	-0.04	0.78	0.66	0.67	-0.52	0.51	0.61	0.58
Other Current Liab	0.78		-0.41	0.57	-0.13	0.52	0.05	0.41	-0.33	0.28	0.92	0.86	0.24	-0.31	-0.6	0.72	-0.16	0.45	-0.34	0.72	0.64	0.79	-0.04	0.77	0.31	0.17
Total Current Liabilities	-0.28	-0.41		-0.41	-0.05	0.2	0.2	-0.36	0.07	0.01	-0.25	-0.23	-0.33	0.9	0.09	-0.3	0.16	-0.13	-0.31	-0.04	-0.03	-0.08	-0.26	-0.16	0.22	0.38
Total Stockholder Equity	0.89	0.57	-0.41		-0.03	-0.07	0.08	0.97	-0.04	0.71	0.63	0.61	-0.15	-0.3	-0.21	0.9	0.02	0.25	0.33	0.65	0.39	0.43	-0.59	0.36	0.31	0.48
Net Tangible Assets	-0.22	-0.13	-0.05	-0.03		-0.4	0.22	-0.1	-0.19	-0.22	-0.28	-0.36	0.0	0.04	0.41	-0.22	-0.49	0.36	0.36	-0.33	-0.29	-0.2	0.22	-0.03	-0.53	-0.13
Retained Earnings	0.28	0.52	0.2	-0.07	-0.4		-0.38	-0.15	-0.3	-0.14	0.62	0.53	-0.05	0.36	-0.47	0.19	0.36	0.26	-0.97	0.66	0.7	0.74	-0.09	0.69	0.33	0.02
Accounts Payable	0.17	0.05	0.2	0.08	0.22	-0.38		0.06	0.43	0.39	0.07	0.19	-0.03	0.08	-0.03	0.22	-0.61	-0.1	0.37	-0.27	-0.07	-0.14	0.19	-0.25	0.27	0.34
Cash	0.84	0.41	-0.36	0.97	-0.1	-0.15	0.06		0.11	0.77	0.53	0.55	-0.21	-0.22	-0.13	0.87	0.04	0.09	0.4	0.56	0.31	0.3	-0.69	0.18	0.4	0.56
Long Term Debt	0.04	-0.33	0.07	-0.04	-0.19	-0.3	0.43	0.11		0.44	-0.13	0.08	-0.04	0.11	0.51	0.13	-0.08	-0.7	0.27	-0.35	0.15	-0.19	0.07	-0.46	0.57	0.34
Net Receivables	0.73	0.28	0.01	0.71	-0.22	-0.14	0.39	0.77	0.44		0.44	0.57	-0.28	0.06	0.0	0.79	0.04	-0.38	0.32	0.34	0.31	0.17	-0.6	-0.08	0.71	0.74
Inventory	0.89	0.92	-0.25	0.63	-0.28	0.62	0.07	0.53	-0.13	0.44		0.97	0.06	-0.08	-0.57	0.84	0.0	0.34	-0.42	0.84	0.8	0.84	-0.27	0.72	0.54	0.37
Other Current Assets	0.9	0.86	-0.23	0.61	-0.36	0.53	0.19	0.55	0.08	0.57	0.97		0.04	-0.07	-0.53	0.88	-0.08	0.14	-0.34	0.72	0.76	0.75	-0.26	0.56	0.7	0.47
Other Stockholder Equity	-0.1	0.24	-0.33	-0.15	0.0	-0.05	-0.03	-0.21	-0.04	-0.28	0.06	0.04		-0.45	0.11	-0.11	-0.27	0.08	0.0	-0.12	0.0	0.02	0.43	0.08	-0.16	-0.05
Total Liab	-0.12	-0.31	0.9	-0.3	0.04	0.36	0.08	-0.22	0.11	0.06	-0.08	-0.07	-0.45		0.09	-0.14	0.12	-0.08	-0.43	0.09	0.14	0.07	-0.38	-0.06	0.35	0.47
Short Long Term Debt	-0.41	-0.6	0.09	-0.21	0.41	-0.47	-0.03	-0.13	0.51	0.0	-0.57	-0.53	0.11	0.09		-0.36	0.15	-0.41	0.38	-0.48	-0.15	-0.39	0.11	-0.41	-0.18	0.01
Total Current Assets	0.99	0.72	-0.3	0.9	-0.22	0.19	0.22	0.87	0.13	0.79	0.84	0.88	-0.11	-0.14	-0.36		-0.06	0.12	0.05	0.71	0.6	0.59	-0.52	0.41	0.64	0.61
Short Term Debt	-0.03	-0.16	0.16	0.02	-0.49	0.36	-0.61	0.04	-0.08	0.04	0.0	-0.08	-0.27	0.12	0.15	-0.06		-0.2	-0.33	0.38	0.28	0.15	-0.36	0.13	-0.01	-0.14
Intangible Assets	0.21	0.45	-0.13	0.25	0.36	0.26	-0.1	0.09	-0.7	-0.38	0.34	0.14	0.08	-0.08	-0.41	0.12	-0.2		-0.19	0.47	0.2	0.48	0.01	0.69	-0.4	-0.15
Common Stock	-0.04	-0.34	-0.31	0.33	0.36	-0.97	0.37	0.4	0.27	0.32	-0.42	-0.34	0.0	-0.43	0.38	0.05	-0.33	-0.19		-0.46	-0.57	-0.59	-0.07	-0.56	-0.24	0.09
Property Plant Equipment	0.78	0.72	-0.04	0.65	-0.33	0.66	-0.27	0.56	-0.35	0.34	0.84	0.72	-0.12	0.09	-0.48	0.71	0.38	0.47	-0.46		0.75	0.84	-0.56	0.78	0.36	0.36
Short Long Term Debt Total	0.66	0.64	-0.03	0.39	-0.29	0.7	-0.07	0.31	0.15	0.31	0.8	0.76	0.0	0.14	-0.15	0.6	0.28	0.2	-0.57	0.75		0.91	-0.15	0.76	0.58	0.3
Property Plant And Equipment Net	0.67	0.79	-0.08	0.43	-0.2	0.74	-0.14	0.3	-0.19	0.17	0.84	0.75	0.02	0.07	-0.39	0.59	0.15	0.48	-0.59	0.84	0.91		-0.13	0.94	0.43	0.21
Net Debt	-0.52	-0.04	-0.26	-0.59	0.22	-0.09	0.19	-0.69	0.07	-0.6	-0.27	-0.26	0.43	-0.38	0.11	-0.52	-0.36	0.01	-0.07	-0.56	-0.15	-0.13		0.0	-0.38	-0.69
Non Current Assets Total	0.51	0.77	-0.16	0.36	-0.03	0.69	-0.25	0.18	-0.46	-0.08	0.72	0.56	0.08	-0.06	-0.41	0.41	0.13	0.69	-0.56	0.78	0.76	0.94	0.0		0.09	-0.03
Non Currrent Assets Other	0.61	0.31	0.22	0.31	-0.53	0.33	0.27	0.4	0.57	0.71	0.54	0.7	-0.16	0.35	-0.18	0.64	-0.01	-0.4	-0.24	0.36	0.58	0.43	-0.38	0.09		0.72
Other Assets	0.58	0.17	0.38	0.48	-0.13	0.02	0.34	0.56	0.34	0.74	0.37	0.47	-0.05	0.47	0.01	0.61	-0.14	-0.15	0.09	0.36	0.3	0.21	-0.69	-0.03	0.72

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Neurotech International Account Relationship Matchups

Neurotech International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	652.7K	80.8K	5.0M	2.0M	5.3M	12.2M
Other Current Liab	75.0K	8.4K	25.4K	72.9K	57.8K	35.9K
Total Current Liabilities	355.3K	727.1K	349.4K	593.0K	1.3M	314.7K
Total Stockholder Equity	297.4K	(646.3K)	3.9M	1.4M	4.0M	11.9M
Net Tangible Assets	297.4K	(646.3K)	3.9M	1.4M	4.0M	487.1K
Retained Earnings	(16.2M)	(17.9M)	(25.3M)	(28.7M)	(36.4M)	(41.6M)
Accounts Payable	154.2K	664.5K	324.0K	520.1K	1.3M	278.8K
Cash	474.7K	12.4K	4.8M	1.9M	3.0M	11.6M
Net Receivables	168.8K	59.3K	142.9K	99.5K	257.6K	318.1K
Inventory	71.0K	2.5K	2.4K	7.2K	7.8K	34.6K
Other Current Assets	9.3K	9.1K	35.7K	18.2K	16.8K	269.6K
Other Stockholder Equity	1.4M	1.0	(416.5K)	4.3M	65.5K	(144.3K)
Total Liab	355.3K	727.1K	1.1M	593.0K	1.3M	314.7K
Total Current Assets	652.7K	80.8K	5.0M	2.0M	5.3M	12.2M
Common Stock	15.1M	15.5M	25.8M	25.8M	34.4M	46.7M
Property Plant Equipment	374.2K	0.0	6.8K	2.6K	870.0	401.5K
Net Debt	41.8K	(4.8M)	(1.9M)	(3.0M)	(11.6M)	(11.0M)
Cash And Short Term Investments	12.4K	4.8M	1.9M	5.0M	11.6M	12.2M
Common Stock Shares Outstanding	154.6M	492.6M	697.3M	798.8M	912.0M	957.6M
Liabilities And Stockholders Equity	80.8K	5.0M	2.0M	5.3M	12.2M	12.8M
Accumulated Other Comprehensive Income	1.8M	3.4M	4.3M	6.0M	6.7M	7.1M
Net Invested Capital	(599.7K)	3.9M	1.4M	4.0M	11.9M	12.5M
Net Working Capital	(646.3K)	4.7M	1.4M	4.0M	11.9M	12.5M
Capital Stock	15.5M	25.8M	25.8M	34.4M	46.7M	29.9M

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