Nutriband Common Stock vs Good Will Analysis

NTRBW Stock  USD 1.50  0.30  16.67%   
Nutriband Warrant financial indicator trend analysis is infinitely more than just investigating Nutriband Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband Warrant is a good investment. Please check the relationship between Nutriband Warrant Common Stock and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband Warrant guide.

Common Stock vs Good Will

Common Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Warrant Common Stock account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Nutriband Warrant's Common Stock and Good Will is -0.78. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Nutriband Warrant, assuming nothing else is changed. The correlation between historical values of Nutriband Warrant's Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Nutriband Warrant are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Nutriband Warrant's Common Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Nutriband Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband Warrant 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 Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband Warrant guide.Sales General And Administrative To Revenue is likely to climb to 3.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation318.3K369.0K287.7K233.4K
Cost Of Revenue917.8K1.3M1.2M896.5K

Nutriband Warrant fundamental ratios Correlations

0.530.640.99-0.54-0.810.840.770.740.80.870.120.870.670.810.48-0.81-0.330.850.780.770.990.420.410.960.91
0.530.840.420.35-0.310.7-0.01-0.030.490.210.240.340.860.011.0-0.57-0.150.360.17-0.060.50.99-0.450.610.73
0.640.840.50.14-0.540.930.150.120.580.410.650.541.00.180.84-0.840.130.640.310.130.560.81-0.380.610.69
0.990.420.5-0.64-0.80.740.830.810.770.890.010.870.540.870.36-0.73-0.390.810.80.840.990.290.540.940.87
-0.540.350.14-0.640.37-0.16-0.94-0.94-0.18-0.580.11-0.440.13-0.930.40.250.18-0.37-0.48-0.92-0.560.44-0.95-0.39-0.21
-0.81-0.31-0.54-0.80.37-0.76-0.53-0.48-0.95-0.92-0.14-0.99-0.55-0.6-0.260.790.32-0.89-0.92-0.64-0.82-0.19-0.25-0.83-0.8
0.840.70.930.74-0.16-0.760.420.390.740.680.570.770.940.460.68-0.930.030.850.560.430.780.63-0.080.780.81
0.77-0.010.150.83-0.94-0.530.420.990.410.7-0.040.620.170.99-0.07-0.48-0.260.530.60.960.79-0.120.850.640.49
0.74-0.030.120.81-0.94-0.480.390.990.340.65-0.040.560.140.98-0.09-0.45-0.240.480.550.970.76-0.140.870.610.46
0.80.490.580.77-0.18-0.950.740.410.340.860.00.950.60.480.45-0.75-0.470.820.890.490.820.390.110.890.89
0.870.210.410.89-0.58-0.920.680.70.650.860.020.940.440.770.15-0.74-0.420.910.960.750.880.080.490.870.78
0.120.240.650.010.11-0.140.57-0.04-0.040.00.020.10.61-0.040.27-0.490.770.36-0.11-0.050.020.26-0.39-0.04-0.01
0.870.340.540.87-0.44-0.990.770.620.560.950.940.10.560.690.3-0.79-0.360.890.930.710.880.220.320.890.84
0.670.861.00.540.13-0.550.940.170.140.60.440.610.560.20.85-0.850.090.660.340.160.60.82-0.350.650.73
0.810.010.180.87-0.93-0.60.460.990.980.480.77-0.040.690.2-0.05-0.53-0.290.60.670.980.83-0.110.840.70.55
0.481.00.840.360.4-0.260.68-0.07-0.090.450.150.270.30.85-0.05-0.55-0.10.320.11-0.120.441.0-0.50.550.68
-0.81-0.57-0.84-0.730.250.79-0.93-0.48-0.45-0.75-0.74-0.49-0.79-0.85-0.53-0.550.12-0.83-0.66-0.5-0.76-0.49-0.03-0.78-0.78
-0.33-0.150.13-0.390.180.320.03-0.26-0.24-0.47-0.420.77-0.360.09-0.29-0.10.12-0.08-0.54-0.29-0.41-0.08-0.34-0.53-0.51
0.850.360.640.81-0.37-0.890.850.530.480.820.910.360.890.660.60.32-0.83-0.080.820.570.810.250.20.790.76
0.780.170.310.8-0.48-0.920.560.60.550.890.96-0.110.930.340.670.11-0.66-0.540.820.690.810.030.440.830.75
0.77-0.060.130.84-0.92-0.640.430.960.970.490.75-0.050.710.160.98-0.12-0.5-0.290.570.690.79-0.180.840.660.52
0.990.50.560.99-0.56-0.820.780.790.760.820.880.020.880.60.830.44-0.76-0.410.810.810.790.380.460.970.91
0.420.990.810.290.44-0.190.63-0.12-0.140.390.080.260.220.82-0.111.0-0.49-0.080.250.03-0.180.38-0.540.490.63
0.41-0.45-0.380.54-0.95-0.25-0.080.850.870.110.49-0.390.32-0.350.84-0.5-0.03-0.340.20.440.840.46-0.540.310.13
0.960.610.610.94-0.39-0.830.780.640.610.890.87-0.040.890.650.70.55-0.78-0.530.790.830.660.970.490.310.97
0.910.730.690.87-0.21-0.80.810.490.460.890.78-0.010.840.730.550.68-0.78-0.510.760.750.520.910.630.130.97
Click cells to compare fundamentals

Nutriband Warrant Account Relationship Matchups

Nutriband Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M9.9M12.7M9.5M7.5M5.5M
Short Long Term Debt Total321.6K1.8M134.6K185.8K241.3K337.8K
Total Current Liabilities2.0M2.6M779.3K748.6K999.1K927.7K
Total Stockholder Equity175.4K7.1M11.9M8.6M6.4M4.5M
Net Debt311.4K1.6M(4.8M)(1.8M)(251.7K)(264.2K)
Retained Earnings(8.9M)(11.8M)(18.0M)(22.5M)(28.0M)(26.6M)
Accounts Payable771.9K940.6K639.5K534.7K680.1K473.8K
Cash10.2K152.0K4.9M2.0M492.9K982.0K
Cash And Short Term Investments10.2K152.0K4.9M2.0M492.9K468.3K
Net Receivables12.8K109.3K71.4K113.0K148.6K156.1K
Common Stock Shares Outstanding6.3M6.7M7.9M8.5M8.0M7.5M
Liabilities And Stockholders Equity2.2M9.9M12.7M9.5M7.5M5.5M
Non Current Liabilities Total1.1M246.9K101.1K134.8K79.8K75.8K
Other Stockholder Equity9.1M18.9M29.9M31.1M34.4M36.1M
Total Liab2.0M2.8M880.4K883.4K1.1M996.5K
Total Current Assets43.2K314.2K5.5M2.7M1.0M1.3M
Short Term Debt321.6K1.6M52.8K82.3K195.7K282.3K
Common Stock5.4K6.3K7.8K7.8K8.9K10.3K
Other Current Assets20.2K0.0740.9K365.9K211.7K220.6K
Non Current Assets Total2.2M9.6M7.3M6.8M6.5M5.4M
Net Invested Capital487K8.8M12.0M8.7M6.6M6.2M
Short Long Term Debt311.6K1.5M14.1K19.7K127.2K235.4K
Net Working Capital(2.0M)(2.3M)4.7M1.9M22.8K21.6K
Property Plant And Equipment Net120.6K1.1M998.3K960.5K806.3K753.2K
Capital Stock5.4K6.3K7.8K7.8K8.9K7.7K
Intangible Assets314.7K1.0M926.9K780.4K667.3K742.1K

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Additional Tools for Nutriband Stock Analysis

When running Nutriband Warrant's price analysis, check to measure Nutriband Warrant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nutriband Warrant is operating at the current time. Most of Nutriband Warrant's value examination focuses on studying past and present price action to predict the probability of Nutriband Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband Warrant's price. Additionally, you may evaluate how the addition of Nutriband Warrant to your portfolios can decrease your overall portfolio volatility.