Nutriband Retained Earnings vs Accounts Payable Analysis
NTRB Stock | USD 4.81 0.13 2.63% |
Nutriband financial indicator trend analysis is infinitely more than just investigating Nutriband recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband is a good investment. Please check the relationship between Nutriband Retained Earnings and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Nutriband's Retained Earnings and Accounts Payable is -0.76. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nutriband, assuming nothing else is changed. The correlation between historical values of Nutriband's Retained Earnings and Accounts Payable 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 Nutriband are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Nutriband's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Accounts Payable
An accounting item on the balance sheet that represents Nutriband obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nutriband are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Nutriband's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband 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 Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 3.26, whereas Selling General Administrative is forecasted to decline to about 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 318.3K | 369.0K | 287.7K | 233.4K | Depreciation And Amortization | 318.3K | 369.0K | 287.7K | 431.2K |
Nutriband fundamental ratios Correlations
Click cells to compare fundamentals
Nutriband Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutriband fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2M | 9.9M | 12.7M | 9.5M | 7.5M | 5.5M | |
Short Long Term Debt Total | 321.6K | 1.8M | 134.6K | 185.8K | 241.3K | 337.8K | |
Other Current Liab | 928.8K | (161.1K) | (164.3K) | (256.8K) | (260.3K) | (247.3K) | |
Total Current Liabilities | 2.0M | 2.6M | 779.3K | 748.6K | 999.1K | 927.7K | |
Total Stockholder Equity | 175.4K | 7.1M | 11.9M | 8.6M | 6.4M | 4.5M | |
Net Tangible Assets | (1.9M) | (1.4M) | 5.6M | 2.8M | 3.2M | 3.3M | |
Net Debt | 311.4K | 1.6M | (4.8M) | (1.8M) | (251.7K) | (264.2K) | |
Retained Earnings | (8.9M) | (11.8M) | (18.0M) | (22.5M) | (28.0M) | (26.6M) | |
Accounts Payable | 771.9K | 940.6K | 639.5K | 534.7K | 680.1K | 473.8K | |
Cash | 10.2K | 152.0K | 4.9M | 2.0M | 492.9K | 982.0K | |
Cash And Short Term Investments | 10.2K | 152.0K | 4.9M | 2.0M | 492.9K | 468.3K | |
Net Receivables | 12.8K | 109.3K | 71.4K | 113.0K | 148.6K | 156.1K | |
Common Stock Total Equity | 20.9K | 21.7K | 5.4K | 6.3K | 7.2K | 9.9K | |
Common Stock Shares Outstanding | 6.3M | 6.7M | 7.9M | 8.5M | 8.0M | 7.5M | |
Liabilities And Stockholders Equity | 2.2M | 9.9M | 12.7M | 9.5M | 7.5M | 5.5M | |
Non Current Liabilities Total | 1.1M | 246.9K | 101.1K | 134.8K | 79.8K | 75.8K | |
Other Stockholder Equity | 9.1M | 18.9M | 29.9M | 31.1M | 34.4M | 36.1M | |
Total Liab | 2.0M | 2.8M | 880.4K | 883.4K | 1.1M | 996.5K | |
Short Long Term Debt | 311.6K | 1.5M | 14.1K | 19.7K | 127.2K | 253.2K | |
Total Current Assets | 43.2K | 314.2K | 5.5M | 2.7M | 1.0M | 1.3M | |
Short Term Debt | 321.6K | 1.6M | 52.8K | 82.3K | 195.7K | 282.3K | |
Intangible Assets | 314.7K | 1.0M | 926.9K | 780.4K | 667.3K | 494.7K | |
Common Stock | 5.4K | 6.3K | 7.8K | 7.8K | 8.9K | 10.3K | |
Property Plant Equipment | 120.6K | 1.1M | 998.3K | 960.5K | 1.1M | 1.2M | |
Non Current Assets Total | 2.2M | 9.6M | 7.3M | 6.8M | 6.5M | 4.7M | |
Non Currrent Assets Other | 146.1K | (2.2M) | (7.3M) | (6.8M) | (6.1M) | (5.8M) | |
Net Invested Capital | 487K | 8.8M | 12.0M | 8.7M | 6.6M | 6.2M | |
Net Working Capital | (2.0M) | (2.3M) | 4.7M | 1.9M | 22.8K | 21.6K | |
Property Plant And Equipment Net | 120.6K | 1.1M | 998.3K | 960.5K | 806.3K | 753.2K | |
Capital Stock | 5.4K | 6.3K | 7.8K | 7.8K | 8.9K | 7.7K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nutriband offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutriband's 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 Nutriband Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutriband Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Biotechnology 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 Nutriband. If investors know Nutriband 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 Nutriband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 0.243 | Quarterly Revenue Growth (0.14) | Return On Assets (0.30) | Return On Equity (0.60) |
The market value of Nutriband is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband's value that differs from its market value or its book value, called intrinsic value, which is Nutriband's 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 Nutriband's market value can be influenced by many factors that don't directly affect Nutriband's 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 Nutriband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband's 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.