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 Short Long Term Debt Total and its Net Debt 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.
Short Long Term Debt Total vs Net Debt
Short Long Term Debt Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nutriband Warrant Short Long Term Debt Total account and
Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nutriband Warrant's Short Long Term Debt Total and Net Debt is 0.35. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Debt 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 Short Long Term Debt Total 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 Short Long Term Debt Total of Nutriband Warrant 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 Short Long Term Debt Total i.e., Nutriband Warrant's Short Long Term Debt Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt Total
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 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.
Nutriband Warrant fundamental ratios Correlations
Click cells to compare fundamentals
Nutriband Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutriband Warrant fundamental ratios Accounts
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