NeutriSci Common Stock vs Net Debt Analysis
NU Stock | CAD 12.53 1.00 7.39% |
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 Common Stock and its Net Debt 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.
Common Stock vs Net Debt
Common Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeutriSci International Common Stock account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NeutriSci International's Common Stock and Net Debt is -0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt 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 Common Stock 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 Common Stock of NeutriSci International 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 Common Stock i.e., NeutriSci International's Common Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
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 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
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NeutriSci International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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