Neogen Historical Balance Sheet

NEOG Stock  USD 12.14  0.18  1.51%   
Trend analysis of Neogen balance sheet accounts such as Total Current Liabilities of 175.7 M provides information on Neogen's total assets, liabilities, and equity, which is the actual value of Neogen to its prevalent stockholders. By breaking down trends over time using Neogen balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Neogen latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Neogen is a good buy for the upcoming year.

Neogen Inventory

161.58 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neogen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.

About Neogen Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Neogen at a specified time, usually calculated after every quarter, six months, or one year. Neogen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Neogen and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Neogen currently owns. An asset can also be divided into two categories, current and non-current.

Neogen Balance Sheet Chart

Neogen Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Neogen uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Neogen's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Neogen's current Total Current Liabilities is estimated to increase to about 175.7 M, while Accumulated Other Comprehensive Income is forecasted to increase to (28.4 M).

Total Assets

Total assets refers to the total amount of Neogen assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Neogen books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Neogen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Neogen are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Neogen's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Neogen current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Neogen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.At this time, Neogen's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Neogen's current Total Current Liabilities is estimated to increase to about 175.7 M, while Accumulated Other Comprehensive Income is forecasted to increase to (28.4 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total986.7M900M1.0B1.1B
Total Assets992.9M4.6B5.2B5.5B

Neogen balance sheet Correlations

0.870.970.981.00.970.820.750.141.0-0.130.440.930.940.990.840.991.00.990.960.730.770.990.990.98-0.02
0.870.910.910.870.880.960.760.270.85-0.20.510.840.80.840.830.90.850.850.950.730.710.850.90.90.17
0.970.911.00.981.00.820.870.330.95-0.110.610.980.950.940.940.990.960.950.990.850.80.950.990.990.18
0.980.911.00.990.990.830.850.290.96-0.120.570.970.950.950.921.00.970.960.990.830.790.961.00.990.14
1.00.870.980.990.980.810.780.190.99-0.130.480.950.950.980.870.990.990.990.970.760.780.990.990.990.03
0.970.881.00.990.980.780.890.360.95-0.10.630.990.950.930.950.990.950.940.980.870.80.940.990.990.2
0.820.960.820.830.810.780.560.010.83-0.180.260.710.720.820.660.830.820.830.880.530.610.830.830.82-0.07
0.750.760.870.850.780.890.560.750.69-0.090.910.920.80.660.980.820.710.680.851.00.750.680.820.840.61
0.140.270.330.290.190.360.010.750.05-0.090.950.440.240.020.610.250.080.040.310.780.380.040.250.30.97
1.00.850.950.960.990.950.830.690.05-0.130.360.90.931.00.80.981.01.00.940.660.741.00.980.96-0.1
-0.13-0.2-0.11-0.12-0.13-0.1-0.18-0.09-0.09-0.13-0.12-0.05-0.06-0.13-0.07-0.18-0.13-0.13-0.15-0.11-0.06-0.13-0.12-0.15-0.18
0.440.510.610.570.480.630.260.910.950.36-0.120.690.510.330.820.540.380.350.580.930.580.350.540.580.88
0.930.840.980.970.950.990.710.920.440.9-0.050.690.960.880.970.960.910.890.960.90.780.890.960.960.27
0.940.80.950.950.950.950.720.80.240.93-0.060.510.960.920.890.950.930.920.920.780.630.920.960.940.05
0.990.840.940.950.980.930.820.660.021.0-0.130.330.880.920.770.971.01.00.930.630.731.00.970.95-0.14
0.840.830.940.920.870.950.660.980.610.8-0.070.820.970.890.770.90.810.790.920.970.770.790.90.910.46
0.990.90.991.00.990.990.830.820.250.98-0.180.540.960.950.970.90.980.970.990.80.780.971.00.990.1
1.00.850.960.970.990.950.820.710.081.0-0.130.380.910.931.00.810.981.00.950.680.751.00.980.97-0.08
0.990.850.950.960.990.940.830.680.041.0-0.130.350.890.921.00.790.971.00.940.650.741.00.970.96-0.11
0.960.950.990.990.970.980.880.850.310.94-0.150.580.960.920.930.920.990.950.940.830.790.940.990.990.17
0.730.730.850.830.760.870.531.00.780.66-0.110.930.90.780.630.970.80.680.650.830.740.650.80.820.65
0.770.710.80.790.780.80.610.750.380.74-0.060.580.780.630.730.770.780.750.740.790.740.740.780.790.29
0.990.850.950.960.990.940.830.680.041.0-0.130.350.890.921.00.790.971.01.00.940.650.740.970.96-0.11
0.990.90.991.00.990.990.830.820.250.98-0.120.540.960.960.970.91.00.980.970.990.80.780.970.990.09
0.980.90.990.990.990.990.820.840.30.96-0.150.580.960.940.950.910.990.970.960.990.820.790.960.990.15
-0.020.170.180.140.030.2-0.070.610.97-0.1-0.180.880.270.05-0.140.460.1-0.08-0.110.170.650.29-0.110.090.15
Click cells to compare fundamentals

Neogen Account Relationship Matchups

Neogen balance sheet Accounts

201920202021202220232024 (projected)
Total Assets797.2M920.2M992.9M4.6B5.2B5.5B
Other Current Liab22.8M25.0M36.3M60.9M70.0M73.5M
Total Current Liabilities48.5M53.6M77.8M145.5M167.3M175.7M
Total Stockholder Equity725.2M840.4M887.4M3.1B3.6B3.8B
Property Plant And Equipment Net78.7M100.5M110.6M198.7M228.6M240.0M
Net Debt(342.6M)(379.8M)605.6M736.8M663.1M696.2M
Retained Earnings478.7M539.6M587.9M565.0M649.8M682.3M
Cash343.7M381.1M381.1M163.2M187.7M197.1M
Non Current Assets Total259.8M328.7M366.1M4.0B4.6B4.8B
Non Currrent Assets Other2.2M2.0M2.2M15.2M17.5M15.5M
Cash And Short Term Investments343.7M381.1M381.1M245.6M282.4M296.5M
Net Receivables84.7M91.8M99.7M153.3M176.2M185.1M
Common Stock Shares Outstanding105.7M107.1M108.0M188.9M217.2M228.1M
Liabilities And Stockholders Equity797.2M920.2M992.9M4.6B5.2B5.5B
Non Current Liabilities Total23.5M26.2M27.7M1.3B1.5B1.5B
Inventory95.1M100.7M122.3M133.8M153.9M161.6M
Other Current Assets14.0M17.8M23.8M53.3M61.3M64.4M
Other Stockholder Equity257.7M295.0M310.0M2.6B3.0B3.1B
Total Liab72.0M79.8M105.6M1.4B1.6B1.7B
Property Plant And Equipment Gross80.6M102.9M215.5M318.9M366.7M385.0M
Total Current Assets537.4M591.5M626.8M585.9M673.8M707.5M
Accumulated Other Comprehensive Income(19.7M)(11.4M)(27.8M)(33.3M)(29.9M)(28.4M)
Intangible Assets66.6M92.3M107.5M1.6B1.8B1.9B
Accounts Payable25.7M23.9M34.6M76.7M88.2M92.6M
Common Stock Total Equity8.5M17.2M17.2M34.6M39.8M41.8M
Short Term Investments277.4M305.5M336.6M82.3M94.7M91.9M
Common Stock8.5M17.2M17.2M34.6M39.8M37.8M
Other Liab22.6M26.2M27.7M375.7M432.1M453.7M
Other Assets2.2M2.0M4.8B15.2M17.5M16.6M
Good Will181.1M228.3M255.5M3.8B4.3B4.6B
Property Plant Equipment78.7M100.5M110.6M198.7M228.6M240.0M
Net Tangible Assets599.6M612.1M887.4M3.1B3.6B3.8B
Retained Earnings Total Equity478.7M539.6M587.9M565.0M649.8M382.8M

Neogen Investors Sentiment

The influence of Neogen's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Neogen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Neogen's public news can be used to forecast risks associated with an investment in Neogen. The trend in average sentiment can be used to explain how an investor holding Neogen can time the market purely based on public headlines and social activities around Neogen. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Neogen's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Neogen's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Neogen's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Neogen.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Neogen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Neogen's short interest history, or implied volatility extrapolated from Neogen options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Neogen is a strong investment it is important to analyze Neogen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Neogen's future performance. For an informed investment choice regarding Neogen Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neogen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Neogen Stock analysis

When running Neogen's price analysis, check to measure Neogen'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 Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Stocks Directory
Find actively traded stocks across global markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Is Neogen's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neogen. If investors know Neogen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
0.02
Revenue Per Share
4.293
Quarterly Revenue Growth
0.048
Return On Assets
0.0179
The market value of Neogen is measured differently than its book value, which is the value of Neogen that is recorded on the company's balance sheet. Investors also form their own opinion of Neogen's value that differs from its market value or its book value, called intrinsic value, which is Neogen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neogen's market value can be influenced by many factors that don't directly affect Neogen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Neogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neogen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.