Natural Net Tangible Assets vs Current Deferred Revenue Analysis
NHTC Stock | USD 6.91 0.04 0.58% |
Natural Health financial indicator trend analysis is infinitely more than just investigating Natural Health Trend recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Health Trend is a good investment. Please check the relationship between Natural Health Net Tangible Assets and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Health Trend. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Net Tangible Assets vs Current Deferred Revenue
Net Tangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Health Trend Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natural Health's Net Tangible Assets and Current Deferred Revenue is 0.45. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Natural Health Trend, assuming nothing else is changed. The correlation between historical values of Natural Health's Net Tangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Natural Health Trend are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Tangible Assets i.e., Natural Health's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Natural Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Health Trend 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 Natural Health Trend. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. The current year's Sales General And Administrative To Revenue is expected to grow to 0.61, whereas Selling General Administrative is forecasted to decline to about 33.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 45.0M | 36.5M | 32.7M | 31.1M | Total Revenue | 60.0M | 49.1M | 43.9M | 41.7M |
Natural Health fundamental ratios Correlations
Click cells to compare fundamentals
Natural Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natural Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 118.5M | 105.9M | 98.4M | 82.8M | 69.1M | 65.6M | |
Other Current Liab | 19.5M | 16.7M | 14.1M | 12.9M | 11.7M | 15.3M | |
Total Current Liabilities | 26.3M | 21.5M | 24.7M | 20.4M | 20.0M | 19.0M | |
Total Stockholder Equity | 75.1M | 67.7M | 59.5M | 50.2M | 41.6M | 39.5M | |
Property Plant And Equipment Net | 3.9M | 4.3M | 3.5M | 4.4M | 3.6M | 1.8M | |
Current Deferred Revenue | 4.5M | 3.1M | 8.5M | 5.6M | 6.2M | 4.1M | |
Net Debt | (92.8M) | (88.4M) | (80.7M) | (65.5M) | (5.7M) | (6.0M) | |
Retained Earnings | 16.1M | 7.8M | (231K) | (9.1M) | (17.7M) | (16.8M) | |
Accounts Payable | 680K | 580K | 761K | 810K | 990K | 940.5K | |
Cash | 96.0M | 92.4M | 83.8M | 69.7M | 9.2M | 8.7M | |
Non Current Assets Total | 10.1M | 6.2M | 4.9M | 5.3M | 4.9M | 6.1M | |
Non Currrent Assets Other | 4.2M | 1.2M | 1.1M | 685K | 869K | 1.4M | |
Cash And Short Term Investments | 96.0M | 92.4M | 83.8M | 69.7M | 56.2M | 42.5M | |
Common Stock Shares Outstanding | 11.3M | 10.9M | 11.4M | 11.4M | 11.5M | 8.6M | |
Liabilities And Stockholders Equity | 118.5M | 105.9M | 98.4M | 82.8M | 69.1M | 57.1M | |
Non Current Liabilities Total | 17.1M | 16.7M | 14.2M | 12.2M | 7.5M | 7.9M | |
Inventory | 6.4M | 3.8M | 5.3M | 4.5M | 4.3M | 4.1M | |
Other Current Assets | 5.9M | 3.6M | 4.4M | 3.4M | 3.8M | 3.6M | |
Total Liab | 43.4M | 38.2M | 38.9M | 32.7M | 27.5M | 26.1M | |
Total Current Assets | 108.4M | 99.7M | 93.5M | 77.6M | 64.2M | 61.0M | |
Short Term Debt | 1.7M | 1.2M | 1.2M | 1.1M | 1.1M | 1.1M | |
Other Assets | 6.3M | 5.7M | 1.4M | 880K | 1.0 | 0.95 | |
Short Term Investments | 70.7M | 47.3M | 45.9M | 54.7M | 47.0M | 38.0M | |
Accumulated Other Comprehensive Income | (1.3M) | (336K) | (492K) | (1.0M) | (1.1M) | (1.0M) | |
Property Plant Equipment | 735K | 539K | 3.5M | 394K | 453.1K | 430.4K | |
Net Tangible Assets | 75.1M | 67.7M | 59.5M | 50.2M | 57.7M | 60.6M | |
Retained Earnings Total Equity | 44.4M | 16.1M | 7.8M | (9.1M) | (10.4M) | (10.9M) | |
Deferred Long Term Liab | 56K | 186K | 202K | 141K | 126.9K | 120.6K | |
Other Liab | 15.6M | 14.0M | 12.3M | 9.2M | 8.3M | 7.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Natural Health Trend offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natural Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natural Health Trend Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natural Health Trend Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Health Trend. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Natural Stock analysis
When running Natural Health's price analysis, check to measure Natural Health'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 Natural Health is operating at the current time. Most of Natural Health's value examination focuses on studying past and present price action to predict the probability of Natural Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Health's price. Additionally, you may evaluate how the addition of Natural Health to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Is Natural Health'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 Natural Health. If investors know Natural 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 Natural Health 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 (0.18) | Dividend Share 0.8 | Earnings Share 0.05 | Revenue Per Share 3.759 | Quarterly Revenue Growth (0.08) |
The market value of Natural Health Trend is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Health's value that differs from its market value or its book value, called intrinsic value, which is Natural Health'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 Natural Health's market value can be influenced by many factors that don't directly affect Natural Health'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 Natural Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Health'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.