NeutriSci Capex To Depreciation vs Days Sales Outstanding 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 Capex To Depreciation and its Days Sales Outstanding 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.

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeutriSci International Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NeutriSci International's Capex To Depreciation and Days Sales Outstanding is -0.29. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding 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 Capex To Depreciation and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of NeutriSci International are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Depreciation i.e., NeutriSci International's Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Days Sales Outstanding

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

0.280.55-0.190.69-0.040.490.84-0.550.280.96-0.590.42-0.220.27-0.210.270.59-0.16-0.1-0.050.160.190.080.210.61
0.28-0.650.880.54-0.27-0.070.33-0.531.00.2-0.640.65-0.19-0.02-0.160.020.730.02-0.010.930.980.2-0.160.10.73
0.55-0.65-0.920.080.210.450.370.03-0.650.590.09-0.250.00.23-0.030.19-0.17-0.16-0.08-0.85-0.73-0.030.210.07-0.16
-0.190.88-0.920.27-0.26-0.29-0.06-0.340.88-0.24-0.410.47-0.08-0.2-0.05-0.150.510.10.00.980.930.16-0.160.090.49
0.690.540.080.27-0.10.260.65-0.860.530.68-0.940.65-0.05-0.11-0.37-0.090.91-0.14-0.40.370.490.120.150.240.93
-0.04-0.270.21-0.26-0.10.810.08-0.17-0.270.2-0.03-0.640.82-0.41-0.14-0.41-0.360.3-0.55-0.13-0.21-0.030.830.08-0.22
0.49-0.070.45-0.290.260.810.52-0.41-0.070.65-0.32-0.30.57-0.36-0.22-0.360.00.25-0.64-0.12-0.080.070.720.150.13
0.840.330.37-0.060.650.080.52-0.650.330.82-0.580.250.110.02-0.320.00.48-0.37-0.270.090.260.20.290.310.51
-0.55-0.530.03-0.34-0.86-0.17-0.41-0.65-0.52-0.610.9-0.39-0.270.260.350.25-0.780.080.47-0.47-0.55-0.26-0.47-0.58-0.83
0.281.0-0.650.880.53-0.27-0.070.33-0.520.2-0.640.66-0.2-0.02-0.160.030.730.020.00.930.980.2-0.170.10.73
0.960.20.59-0.240.680.20.650.82-0.610.2-0.610.25-0.020.15-0.210.150.52-0.09-0.25-0.070.110.220.310.280.56
-0.59-0.640.09-0.41-0.94-0.03-0.32-0.580.9-0.64-0.61-0.54-0.070.20.350.18-0.880.10.45-0.53-0.62-0.2-0.25-0.26-0.92
0.420.65-0.250.470.65-0.64-0.30.25-0.390.660.25-0.54-0.540.27-0.20.290.83-0.010.090.470.580.02-0.570.020.8
-0.22-0.190.0-0.08-0.050.820.570.11-0.27-0.2-0.02-0.07-0.54-0.5-0.11-0.53-0.290.07-0.720.0-0.10.160.750.19-0.17
0.27-0.020.23-0.2-0.11-0.41-0.360.020.26-0.020.150.20.27-0.50.21.00.05-0.360.64-0.22-0.080.28-0.47-0.010.0
-0.21-0.16-0.03-0.05-0.37-0.14-0.22-0.320.35-0.16-0.210.35-0.2-0.110.20.2-0.190.240.17-0.12-0.130.43-0.310.04-0.27
0.270.020.19-0.15-0.09-0.41-0.360.00.250.030.150.180.29-0.531.00.20.08-0.310.66-0.17-0.030.27-0.48-0.020.03
0.590.73-0.170.510.91-0.360.00.48-0.780.730.52-0.880.83-0.290.05-0.190.08-0.06-0.170.570.690.23-0.130.280.98
-0.160.02-0.160.1-0.140.30.25-0.370.080.02-0.090.1-0.010.07-0.360.24-0.31-0.06-0.160.120.03-0.32-0.02-0.080.0
-0.1-0.01-0.080.0-0.4-0.55-0.64-0.270.470.0-0.250.450.09-0.720.640.170.66-0.17-0.16-0.09-0.04-0.18-0.53-0.06-0.26
-0.050.93-0.850.980.37-0.13-0.120.09-0.470.93-0.07-0.530.470.0-0.22-0.12-0.170.570.12-0.090.970.19-0.030.140.58
0.160.98-0.730.930.49-0.21-0.080.26-0.550.980.11-0.620.58-0.1-0.08-0.13-0.030.690.03-0.040.970.26-0.080.190.69
0.190.2-0.030.160.12-0.030.070.2-0.260.20.22-0.20.020.160.280.430.270.23-0.32-0.180.190.260.110.440.18
0.08-0.160.21-0.160.150.830.720.29-0.47-0.170.31-0.25-0.570.75-0.47-0.31-0.48-0.13-0.02-0.53-0.03-0.080.110.38-0.04
0.210.10.070.090.240.080.150.31-0.580.10.28-0.260.020.19-0.010.04-0.020.28-0.08-0.060.140.190.440.380.27
0.610.73-0.160.490.93-0.220.130.51-0.830.730.56-0.920.8-0.170.0-0.270.030.980.0-0.260.580.690.18-0.040.27
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NeutriSci International Account Relationship Matchups

NeutriSci International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets504.8K528.3K819.5K331.4K381.1K362.1K
Total Current Liabilities661.1K618.5K807.1K888.4K799.6K1.4M
Total Stockholder Equity(156.2K)(90.2K)(47.6K)(617.0K)(709.5K)(745.0K)
Net Debt45.7K(7.4K)29.3K3.4K3.0K2.9K
Retained Earnings(32.2M)(34.1M)(35.7M)(36.5M)(32.8M)(31.2M)
Cash100.07.4K30.7K175.3K157.7K224.4K
Cash And Short Term Investments100.07.4K30.7K175.3K157.7K235.0K
Net Receivables21.1K12.4K11.9K8.8K10.1K9.6K
Common Stock Shares Outstanding116.0M143.4M158.6M166.2M191.1M200.6M
Liabilities And Stockholders Equity504.8K528.3K819.5K331.4K381.1K688.3K
Total Liab661.1K618.5K867.1K948.4K853.6K1.4M
Total Current Assets485.5K313.6K649.9K199.1K229.0K217.5K
Common Stock28.1M29.6M30.9M31.0M35.7M24.7M
Accounts Payable478.9K524.5K439.8K733.5K843.6K501.6K
Other Stockholder Equity3.6M4.2M4.5M4.6M5.3M5.0M
Property Plant And Equipment Net19.3K214.7K169.1K132.3K119.1K62.5K
Non Current Assets Total19.3K214.7K169.1K132.3K119.1K62.2K
Inventory344.4K273.0K494.8K15K13.5K12.8K
Other Current Assets61.1K119.8K20.8K112.5K129.4K79.3K
Other Current Liab100.1K582.3K569.9K36.2K41.7K39.6K
Net Tangible Assets275.8K(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 Stock28.1M29.6M30.9M31.0M35.7M32.3M

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