NeutriSci Accounts Payable vs Non Currrent Assets Other Analysis

NU Stock

CAD 13.53 0.41 2.94%

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

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeutriSci International Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.

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

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents NeutriSci International 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 NeutriSci International 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from NeutriSci International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeutriSci 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 NeutriSci 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 416.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 168.2 K in 2024

NeutriSci International fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Other Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Inventory	Other Current Assets	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Other Current Liab	Net Tangible Assets	Good Will	Short Long Term Debt
Total Assets		0.28	0.55	-0.19	0.69	-0.04	0.49	0.84	-0.55	0.28	0.96	-0.59	0.42	-0.22	0.27	-0.21	0.27	0.59	-0.16	-0.1	-0.05	0.16	0.19	0.08	0.21	0.61
Total Current Liabilities	0.28		-0.65	0.88	0.54	-0.27	-0.07	0.33	-0.53	1.0	0.2	-0.64	0.65	-0.19	-0.02	-0.16	0.02	0.73	0.02	-0.01	0.93	0.98	0.2	-0.16	0.1	0.73
Total Stockholder Equity	0.55	-0.65		-0.92	0.08	0.21	0.45	0.37	0.03	-0.65	0.59	0.09	-0.25	0.0	0.23	-0.03	0.19	-0.17	-0.16	-0.08	-0.85	-0.73	-0.03	0.21	0.07	-0.16
Net Debt	-0.19	0.88	-0.92		0.27	-0.26	-0.29	-0.06	-0.34	0.88	-0.24	-0.41	0.47	-0.08	-0.2	-0.05	-0.15	0.51	0.1	0.0	0.98	0.93	0.16	-0.16	0.09	0.49
Retained Earnings	0.69	0.54	0.08	0.27		-0.1	0.26	0.65	-0.86	0.53	0.68	-0.94	0.65	-0.05	-0.11	-0.37	-0.09	0.91	-0.14	-0.4	0.37	0.49	0.12	0.15	0.24	0.93
Cash	-0.04	-0.27	0.21	-0.26	-0.1		0.81	0.08	-0.17	-0.27	0.2	-0.03	-0.64	0.82	-0.41	-0.14	-0.41	-0.36	0.3	-0.55	-0.13	-0.21	-0.03	0.83	0.08	-0.22
Cash And Short Term Investments	0.49	-0.07	0.45	-0.29	0.26	0.81		0.52	-0.41	-0.07	0.65	-0.32	-0.3	0.57	-0.36	-0.22	-0.36	0.0	0.25	-0.64	-0.12	-0.08	0.07	0.72	0.15	0.13
Net Receivables	0.84	0.33	0.37	-0.06	0.65	0.08	0.52		-0.65	0.33	0.82	-0.58	0.25	0.11	0.02	-0.32	0.0	0.48	-0.37	-0.27	0.09	0.26	0.2	0.29	0.31	0.51
Common Stock Shares Outstanding	-0.55	-0.53	0.03	-0.34	-0.86	-0.17	-0.41	-0.65		-0.52	-0.61	0.9	-0.39	-0.27	0.26	0.35	0.25	-0.78	0.08	0.47	-0.47	-0.55	-0.26	-0.47	-0.58	-0.83
Total Liab	0.28	1.0	-0.65	0.88	0.53	-0.27	-0.07	0.33	-0.52		0.2	-0.64	0.66	-0.2	-0.02	-0.16	0.03	0.73	0.02	0.0	0.93	0.98	0.2	-0.17	0.1	0.73
Total Current Assets	0.96	0.2	0.59	-0.24	0.68	0.2	0.65	0.82	-0.61	0.2		-0.61	0.25	-0.02	0.15	-0.21	0.15	0.52	-0.09	-0.25	-0.07	0.11	0.22	0.31	0.28	0.56
Common Stock	-0.59	-0.64	0.09	-0.41	-0.94	-0.03	-0.32	-0.58	0.9	-0.64	-0.61		-0.54	-0.07	0.2	0.35	0.18	-0.88	0.1	0.45	-0.53	-0.62	-0.2	-0.25	-0.26	-0.92
Accounts Payable	0.42	0.65	-0.25	0.47	0.65	-0.64	-0.3	0.25	-0.39	0.66	0.25	-0.54		-0.54	0.27	-0.2	0.29	0.83	-0.01	0.09	0.47	0.58	0.02	-0.57	0.02	0.8
Other Stockholder Equity	-0.22	-0.19	0.0	-0.08	-0.05	0.82	0.57	0.11	-0.27	-0.2	-0.02	-0.07	-0.54		-0.5	-0.11	-0.53	-0.29	0.07	-0.72	0.0	-0.1	0.16	0.75	0.19	-0.17
Property Plant And Equipment Net	0.27	-0.02	0.23	-0.2	-0.11	-0.41	-0.36	0.02	0.26	-0.02	0.15	0.2	0.27	-0.5		0.2	1.0	0.05	-0.36	0.64	-0.22	-0.08	0.28	-0.47	-0.01	0.0
Current Deferred Revenue	-0.21	-0.16	-0.03	-0.05	-0.37	-0.14	-0.22	-0.32	0.35	-0.16	-0.21	0.35	-0.2	-0.11	0.2		0.2	-0.19	0.24	0.17	-0.12	-0.13	0.43	-0.31	0.04	-0.27
Non Current Assets Total	0.27	0.02	0.19	-0.15	-0.09	-0.41	-0.36	0.0	0.25	0.03	0.15	0.18	0.29	-0.53	1.0	0.2		0.08	-0.31	0.66	-0.17	-0.03	0.27	-0.48	-0.02	0.03
Inventory	0.59	0.73	-0.17	0.51	0.91	-0.36	0.0	0.48	-0.78	0.73	0.52	-0.88	0.83	-0.29	0.05	-0.19	0.08		-0.06	-0.17	0.57	0.69	0.23	-0.13	0.28	0.98
Other Current Assets	-0.16	0.02	-0.16	0.1	-0.14	0.3	0.25	-0.37	0.08	0.02	-0.09	0.1	-0.01	0.07	-0.36	0.24	-0.31	-0.06		-0.16	0.12	0.03	-0.32	-0.02	-0.08	0.0
Non Currrent Assets Other	-0.1	-0.01	-0.08	0.0	-0.4	-0.55	-0.64	-0.27	0.47	0.0	-0.25	0.45	0.09	-0.72	0.64	0.17	0.66	-0.17	-0.16		-0.09	-0.04	-0.18	-0.53	-0.06	-0.26
Short Long Term Debt Total	-0.05	0.93	-0.85	0.98	0.37	-0.13	-0.12	0.09	-0.47	0.93	-0.07	-0.53	0.47	0.0	-0.22	-0.12	-0.17	0.57	0.12	-0.09		0.97	0.19	-0.03	0.14	0.58
Short Term Debt	0.16	0.98	-0.73	0.93	0.49	-0.21	-0.08	0.26	-0.55	0.98	0.11	-0.62	0.58	-0.1	-0.08	-0.13	-0.03	0.69	0.03	-0.04	0.97		0.26	-0.08	0.19	0.69
Other Current Liab	0.19	0.2	-0.03	0.16	0.12	-0.03	0.07	0.2	-0.26	0.2	0.22	-0.2	0.02	0.16	0.28	0.43	0.27	0.23	-0.32	-0.18	0.19	0.26		0.11	0.44	0.18
Net Tangible Assets	0.08	-0.16	0.21	-0.16	0.15	0.83	0.72	0.29	-0.47	-0.17	0.31	-0.25	-0.57	0.75	-0.47	-0.31	-0.48	-0.13	-0.02	-0.53	-0.03	-0.08	0.11		0.38	-0.04
Good Will	0.21	0.1	0.07	0.09	0.24	0.08	0.15	0.31	-0.58	0.1	0.28	-0.26	0.02	0.19	-0.01	0.04	-0.02	0.28	-0.08	-0.06	0.14	0.19	0.44	0.38		0.27
Short Long Term Debt	0.61	0.73	-0.16	0.49	0.93	-0.22	0.13	0.51	-0.83	0.73	0.56	-0.92	0.8	-0.17	0.0	-0.27	0.03	0.98	0.0	-0.26	0.58	0.69	0.18	-0.04	0.27

Click cells to compare fundamentals

NeutriSci International Account Relationship Matchups

NeutriSci International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	504.8K	528.3K	819.5K	331.4K	381.1K	362.1K
Total Current Liabilities	661.1K	618.5K	807.1K	888.4K	799.6K	1.4M
Total Stockholder Equity	(156.2K)	(90.2K)	(47.6K)	(617.0K)	(709.5K)	(745.0K)
Net Debt	45.7K	(7.4K)	29.3K	3.4K	3.0K	2.9K
Retained Earnings	(32.2M)	(34.1M)	(35.7M)	(36.5M)	(32.8M)	(31.2M)
Cash	100.0	7.4K	30.7K	175.3K	157.7K	224.4K
Cash And Short Term Investments	100.0	7.4K	30.7K	175.3K	157.7K	235.0K
Net Receivables	21.1K	12.4K	11.9K	8.8K	10.1K	9.6K
Common Stock Shares Outstanding	116.0M	143.4M	158.6M	166.2M	191.1M	200.6M
Liabilities And Stockholders Equity	504.8K	528.3K	819.5K	331.4K	381.1K	688.3K
Total Liab	661.1K	618.5K	867.1K	948.4K	853.6K	1.4M
Total Current Assets	485.5K	313.6K	649.9K	199.1K	229.0K	217.5K
Common Stock	28.1M	29.6M	30.9M	31.0M	35.7M	24.7M
Accounts Payable	478.9K	524.5K	439.8K	733.5K	843.6K	501.6K
Other Stockholder Equity	3.6M	4.2M	4.5M	4.6M	5.3M	5.0M
Property Plant And Equipment Net	19.3K	214.7K	169.1K	132.3K	119.1K	62.5K
Non Current Assets Total	19.3K	214.7K	169.1K	132.3K	119.1K	62.2K
Inventory	344.4K	273.0K	494.8K	15K	13.5K	12.8K
Other Current Assets	61.1K	119.8K	20.8K	112.5K	129.4K	79.3K
Other Current Liab	100.1K	582.3K	569.9K	36.2K	41.7K	39.6K
Net Tangible Assets	275.8K	(156.2K)	(90.2K)	(617.0K)	(555.3K)	(527.5K)
Net Invested Capital	(110.5K)	(90.2K)	12.4K	(438.3K)	(394.5K)	(374.8K)
Net Working Capital	(175.6K)	(304.9K)	(157.2K)	(689.3K)	(620.4K)	(589.4K)
Capital Stock	28.1M	29.6M	30.9M	31.0M	35.7M	32.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for NeutriSci Stock Analysis

When running NeutriSci International's price analysis, check to measure NeutriSci International'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 NeutriSci International is operating at the current time. Most of NeutriSci International's value examination focuses on studying past and present price action to predict the probability of NeutriSci International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeutriSci International's price. Additionally, you may evaluate how the addition of NeutriSci International to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC