NUS Common Stock Shares Outstanding vs Total Current Liabilities Analysis

NUS Stock  USD 13.40  0.46  3.32%   
Nu Skin financial indicator trend analysis is infinitely more than just investigating Nu Skin Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Skin Enterprises is a good investment. Please check the relationship between Nu Skin Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Skin Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nu Skin Enterprises Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nu Skin's Common Stock Shares Outstanding and Total Current Liabilities is -0.49. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nu Skin Enterprises, assuming nothing else is changed. The correlation between historical values of Nu Skin's Common Stock Shares Outstanding and Total Current Liabilities 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 Shares Outstanding of Nu Skin Enterprises are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Nu Skin's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Nu Skin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nu Skin Enterprises 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 indicators from Nu Skin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Skin Enterprises 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 Nu Skin Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, Nu Skin's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.37 in 2024, despite the fact that Tax Provision is likely to grow to (16.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.6B1.4B1.4B
Total Revenue2.7B2.2B2.0B1.8B

Nu Skin fundamental ratios Correlations

0.70.770.960.940.220.960.760.720.950.510.730.62-0.870.610.930.32-0.760.970.910.560.050.570.560.07-0.19
0.70.980.660.53-0.370.50.860.880.450.30.890.5-0.380.080.710.53-0.260.690.910.050.240.210.03-0.2-0.18
0.770.980.730.62-0.290.60.890.910.550.320.910.52-0.490.170.780.47-0.370.770.950.150.310.270.11-0.18-0.2
0.960.660.730.890.150.910.660.640.90.560.650.54-0.80.510.910.49-0.640.870.890.44-0.010.50.460.0-0.25
0.940.530.620.890.360.960.570.550.960.410.550.48-0.830.650.890.08-0.80.920.760.630.120.580.640.03-0.24
0.22-0.37-0.290.150.360.38-0.18-0.340.47-0.02-0.340.43-0.590.850.18-0.41-0.720.26-0.140.88-0.160.750.710.660.14
0.960.50.60.910.960.380.610.570.990.530.570.5-0.910.690.880.15-0.850.940.770.650.030.570.640.11-0.25
0.760.860.890.660.57-0.180.610.880.580.20.880.62-0.560.30.660.34-0.440.790.880.250.00.280.27-0.08-0.02
0.720.880.910.640.55-0.340.570.880.510.491.00.45-0.490.190.60.36-0.370.740.890.130.140.210.03-0.24-0.21
0.950.450.550.90.960.470.990.580.510.470.510.59-0.920.760.850.12-0.860.930.730.71-0.050.650.730.21-0.13
0.510.30.320.560.41-0.020.530.20.490.470.480.14-0.50.290.40.46-0.390.430.470.18-0.170.23-0.06-0.07-0.49
0.730.890.910.650.55-0.340.570.881.00.510.480.46-0.490.190.610.37-0.360.740.890.130.130.210.03-0.24-0.2
0.620.50.520.540.480.430.50.620.450.590.140.46-0.670.710.480.18-0.610.640.560.68-0.240.830.540.580.34
-0.87-0.38-0.49-0.8-0.83-0.59-0.91-0.56-0.49-0.92-0.5-0.49-0.67-0.88-0.75-0.090.95-0.87-0.66-0.830.08-0.76-0.65-0.340.18
0.610.080.170.510.650.850.690.30.190.760.290.190.71-0.880.49-0.21-0.940.660.330.98-0.190.880.750.540.03
0.930.710.780.910.890.180.880.660.60.850.40.610.48-0.750.490.38-0.680.880.880.470.270.460.5-0.03-0.3
0.320.530.470.490.08-0.410.150.340.360.120.460.370.18-0.09-0.210.380.150.150.52-0.29-0.11-0.02-0.33-0.08-0.24
-0.76-0.26-0.37-0.64-0.8-0.72-0.85-0.44-0.37-0.86-0.39-0.36-0.610.95-0.94-0.680.15-0.81-0.51-0.93-0.02-0.79-0.7-0.360.18
0.970.690.770.870.920.260.940.790.740.930.430.740.64-0.870.660.880.15-0.810.870.630.090.590.610.12-0.12
0.910.910.950.890.76-0.140.770.880.890.730.470.890.56-0.660.330.880.52-0.510.870.280.160.370.25-0.12-0.23
0.560.050.150.440.630.880.650.250.130.710.180.130.68-0.830.980.47-0.29-0.930.630.28-0.060.890.760.570.06
0.050.240.31-0.010.12-0.160.030.00.14-0.05-0.170.13-0.240.08-0.190.27-0.11-0.020.090.16-0.06-0.08-0.14-0.2-0.18
0.570.210.270.50.580.750.570.280.210.650.230.210.83-0.760.880.46-0.02-0.790.590.370.89-0.080.570.70.15
0.560.030.110.460.640.710.640.270.030.73-0.060.030.54-0.650.750.5-0.33-0.70.610.250.76-0.140.570.410.34
0.07-0.2-0.180.00.030.660.11-0.08-0.240.21-0.07-0.240.58-0.340.54-0.03-0.08-0.360.12-0.120.57-0.20.70.410.55
-0.19-0.18-0.2-0.25-0.240.14-0.25-0.02-0.21-0.13-0.49-0.20.340.180.03-0.3-0.240.18-0.12-0.230.06-0.180.150.340.55
Click cells to compare fundamentals

Nu Skin Account Relationship Matchups

Nu Skin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.0B1.9B1.8B1.8B1.2B
Other Current Liab270.1M366.6M339.1M253.2M216.1M214.0M
Total Current Liabilities356.8M542.9M529.7M359.2M328.9M305.0M
Total Stockholder Equity875.3M894.3M912.8M897.3M822.0M572.2M
Property Plant And Equipment Net597.9M653.5M574.6M543.5M523.1M263.7M
Net Debt132.0M97.7M125.4M214.3M351.3M368.8M
Retained Earnings1.7B1.8B1.9B1.9B1.9B1.0B
Accounts Payable39.0M66.2M50.0M54.0M43.5M34.4M
Cash335.6M402.7M339.6M264.7M256.1M248.8M
Non Current Assets Total1.0B1.1B1.0B1.1B1.1B607.7M
Non Currrent Assets Other154.0M50.6M113.1M115.2M110.0M104.5M
Cash And Short Term Investments344.0M423.9M354.8M278.5M267.8M256.4M
Net Receivables50.4M63.4M41.3M47.4M72.9M76.5M
Common Stock Shares Outstanding55.9M52.8M51.4M50.5M49.9M54.3M
Liabilities And Stockholders Equity1.8B2.0B1.9B1.8B1.8B1.2B
Non Current Liabilities Total537.0M519.9M464.0M564.4M655.6M688.4M
Inventory275.9M314.4M399.9M346.2M280.0M187.9M
Other Current Assets69.9M14.7M76.9M87.8M71.0M65.8M
Other Stockholder Equity(767.3M)(881.8M)(925.2M)(955.8M)(948.6M)(901.2M)
Total Liab893.7M1.1B993.7M923.7M984.5M586.6M
Total Current Assets740.2M903.2M873.0M759.9M691.6M551.1M
Short Long Term Debt Total467.7M500.4M465.0M479.0M607.3M637.7M
Short Term Debt27.5M75.0M107.5M25M48.9M51.8M
Property Plant And Equipment Gross597.9M653.5M453.7M444.8M897.6M942.5M
Accumulated Other Comprehensive Income(85.3M)(64.8M)(73.9M)(86.5M)(100.0M)(105.0M)
Intangible Assets80.3M89.5M77.0M66.7M105.3M84.0M
Other Liab96.8M102.3M106.5M98.3M113.0M72.4M
Other Assets154.0M293.2M175.5M244.4M281.1M152.1M
Long Term Debt334.5M305.4M268.8M377.5M478.0M501.9M
Property Plant Equipment453.6M468.2M453.7M444.8M511.5M275.1M
Current Deferred Revenue20.2M35.1M33.1M27.1M20.4M17.9M
Short Term Investments8.4M21.2M15.2M13.8M11.8M13.7M
Treasury Stock(1.3B)(1.3B)(1.5B)(1.5B)(1.4B)(1.3B)
Net Tangible Assets875.3M894.3M912.8M897.3M1.0B829.4M
Retained Earnings Total Equity1.7B1.8B1.9B1.9B2.2B1.6B
Long Term Debt Total334.5M313.1M274.1M389.6M448.0M321.7M
Capital Surpluse557.5M579.8M601.7M613.3M705.3M500.0M
Non Current Liabilities Other105.7M112.3M88.8M76.5M9.0M8.5M

Pair Trading with Nu Skin

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nu Skin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nu Skin will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Nu Skin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nu Skin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nu Skin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nu Skin Enterprises to buy it.
The correlation of Nu Skin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nu Skin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nu Skin Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nu Skin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Nu Skin Enterprises is a strong investment it is important to analyze Nu Skin'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 Nu Skin's future performance. For an informed investment choice regarding NUS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Skin Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Nu Skin's price analysis, check to measure Nu Skin'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 Nu Skin is operating at the current time. Most of Nu Skin's value examination focuses on studying past and present price action to predict the probability of Nu Skin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nu Skin's price. Additionally, you may evaluate how the addition of Nu Skin to your portfolios can decrease your overall portfolio volatility.
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Is Nu Skin'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 Nu Skin. If investors know NUS 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 Nu Skin 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
(0.88)
Dividend Share
1.23
Earnings Share
(0.07)
Revenue Per Share
38.341
Quarterly Revenue Growth
(0.13)
The market value of Nu Skin Enterprises is measured differently than its book value, which is the value of NUS that is recorded on the company's balance sheet. Investors also form their own opinion of Nu Skin's value that differs from its market value or its book value, called intrinsic value, which is Nu Skin'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 Nu Skin's market value can be influenced by many factors that don't directly affect Nu Skin'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 Nu Skin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nu Skin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nu Skin'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.