NeutriSci Ptb Ratio vs Average Payables 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 Ptb Ratio and its Average Payables 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.

Ptb Ratio vs Average Payables

Ptb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeutriSci International Ptb Ratio account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between NeutriSci International's Ptb Ratio and Average Payables is -0.02. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Payables 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 Ptb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of NeutriSci International are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ptb Ratio i.e., NeutriSci International's Ptb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

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Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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

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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

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