Natural Other Assets vs Accounts Payable Analysis

NHTC Stock  USD 6.57  0.08  1.20%   
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 Other Assets and its Accounts Payable 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.

Other Assets vs Accounts Payable

Other Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Health Trend Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Natural Health's Other Assets and Accounts Payable is 1.0. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable 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 Other Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Natural Health Trend are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Assets i.e., Natural Health's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Accounts Payable

An accounting item on the balance sheet that represents Natural Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Natural Health Trend are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit45.0M36.5M32.7M31.1M
Total Revenue60.0M49.1M43.9M41.7M

Natural Health fundamental ratios Correlations

-0.490.991.01.00.2-0.430.321.01.00.99-0.08-0.04-0.380.65-0.06-0.96-0.281.01.0-1.01.01.01.01.01.0
-0.49-0.48-0.49-0.480.30.26-0.35-0.49-0.49-0.450.01-0.030.31-0.34-0.240.620.28-0.49-0.490.48-0.49-0.48-0.49-0.49-0.49
0.99-0.480.990.990.27-0.350.220.990.991.00.040.06-0.260.680.05-0.95-0.190.990.99-0.990.990.990.990.990.99
1.0-0.490.991.00.19-0.430.321.01.00.99-0.08-0.03-0.370.66-0.06-0.96-0.281.01.0-1.01.01.01.01.01.0
1.0-0.480.991.00.2-0.430.311.01.00.99-0.08-0.03-0.370.66-0.05-0.96-0.271.01.0-1.01.01.01.01.01.0
0.20.30.270.190.20.4-0.090.20.190.220.39-0.030.20.060.34-0.20.270.190.2-0.210.20.20.180.190.19
-0.430.26-0.35-0.43-0.430.4-0.56-0.43-0.44-0.370.470.30.69-0.220.460.440.58-0.43-0.430.42-0.44-0.42-0.44-0.44-0.44
0.32-0.350.220.320.31-0.09-0.560.320.330.19-0.74-0.81-0.96-0.04-0.47-0.41-0.750.320.32-0.310.320.30.310.330.33
1.0-0.490.991.01.00.2-0.430.321.00.99-0.08-0.04-0.370.65-0.06-0.96-0.271.01.0-1.01.01.01.01.01.0
1.0-0.490.991.01.00.19-0.440.331.00.99-0.09-0.05-0.380.65-0.06-0.96-0.281.01.0-1.01.01.01.01.01.0
0.99-0.451.00.990.990.22-0.370.190.990.990.020.07-0.260.680.0-0.93-0.180.990.99-0.990.990.990.990.990.99
-0.080.010.04-0.08-0.080.390.47-0.74-0.08-0.090.020.840.80.060.620.050.75-0.08-0.080.07-0.09-0.06-0.08-0.09-0.09
-0.04-0.030.06-0.03-0.03-0.030.3-0.81-0.04-0.050.070.840.790.220.360.090.59-0.04-0.040.03-0.04-0.02-0.03-0.05-0.05
-0.380.31-0.26-0.37-0.370.20.69-0.96-0.37-0.38-0.260.80.79-0.010.560.430.78-0.38-0.370.36-0.38-0.35-0.37-0.38-0.38
0.65-0.340.680.660.660.06-0.22-0.040.650.650.680.060.22-0.010.04-0.61-0.250.650.65-0.660.650.660.660.650.65
-0.06-0.240.05-0.06-0.050.340.46-0.47-0.06-0.060.00.620.360.560.04-0.020.39-0.06-0.060.05-0.06-0.04-0.06-0.06-0.06
-0.960.62-0.95-0.96-0.96-0.20.44-0.41-0.96-0.96-0.930.050.090.43-0.61-0.020.25-0.96-0.960.96-0.96-0.95-0.95-0.96-0.96
-0.280.28-0.19-0.28-0.270.270.58-0.75-0.27-0.28-0.180.750.590.78-0.250.390.25-0.28-0.270.26-0.28-0.26-0.28-0.28-0.28
1.0-0.490.991.01.00.19-0.430.321.01.00.99-0.08-0.04-0.380.65-0.06-0.96-0.281.0-1.01.01.01.01.01.0
1.0-0.490.991.01.00.2-0.430.321.01.00.99-0.08-0.04-0.370.65-0.06-0.96-0.271.0-1.01.01.01.01.01.0
-1.00.48-0.99-1.0-1.0-0.210.42-0.31-1.0-1.0-0.990.070.030.36-0.660.050.960.26-1.0-1.0-1.0-1.0-1.0-1.0-1.0
1.0-0.490.991.01.00.2-0.440.321.01.00.99-0.09-0.04-0.380.65-0.06-0.96-0.281.01.0-1.01.01.01.01.0
1.0-0.480.991.01.00.2-0.420.31.01.00.99-0.06-0.02-0.350.66-0.04-0.95-0.261.01.0-1.01.01.01.01.0
1.0-0.490.991.01.00.18-0.440.311.01.00.99-0.08-0.03-0.370.66-0.06-0.95-0.281.01.0-1.01.01.01.01.0
1.0-0.490.991.01.00.19-0.440.331.01.00.99-0.09-0.05-0.380.65-0.06-0.96-0.281.01.0-1.01.01.01.01.0
1.0-0.490.991.01.00.19-0.440.331.01.00.99-0.09-0.05-0.380.65-0.06-0.96-0.281.01.0-1.01.01.01.01.0
Click cells to compare fundamentals

Natural Health Account Relationship Matchups

Natural Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets118.5M105.9M98.4M82.8M69.1M65.6M
Other Current Liab19.5M16.7M14.1M12.9M11.7M15.3M
Total Current Liabilities26.3M21.5M24.7M20.4M20.0M19.0M
Total Stockholder Equity75.1M67.7M59.5M50.2M41.6M39.5M
Property Plant And Equipment Net3.9M4.3M3.5M4.4M3.6M1.8M
Current Deferred Revenue4.5M3.1M8.5M5.6M6.2M4.1M
Net Debt(92.8M)(88.4M)(80.7M)(65.5M)(5.7M)(6.0M)
Retained Earnings16.1M7.8M(231K)(9.1M)(17.7M)(16.8M)
Accounts Payable680K580K761K810K990K940.5K
Cash96.0M92.4M83.8M69.7M9.2M8.7M
Non Current Assets Total10.1M6.2M4.9M5.3M4.9M6.1M
Non Currrent Assets Other4.2M1.2M1.1M685K869K825.6K
Cash And Short Term Investments96.0M92.4M83.8M69.7M56.2M42.5M
Common Stock Shares Outstanding11.3M10.9M11.4M11.4M11.5M8.6M
Liabilities And Stockholders Equity118.5M105.9M98.4M82.8M69.1M57.1M
Non Current Liabilities Total17.1M16.7M14.2M12.2M7.5M7.9M
Inventory6.4M3.8M5.3M4.5M4.3M4.1M
Other Current Assets5.9M3.6M4.4M3.4M3.8M3.6M
Total Liab43.4M38.2M38.9M32.7M27.5M26.1M
Total Current Assets108.4M99.7M93.5M77.6M64.2M61.0M
Short Term Debt1.7M1.2M1.2M1.1M1.1M1.1M
Other Assets6.3M5.7M1.4M880K1.00.95
Accumulated Other Comprehensive Income(1.3M)(336K)(492K)(1.0M)(1.1M)(1.0M)
Property Plant Equipment735K539K3.5M394K453.1K430.4K
Net Tangible Assets75.1M67.7M59.5M50.2M57.7M60.6M
Retained Earnings Total Equity44.4M16.1M7.8M(9.1M)(10.4M)(10.9M)
Deferred Long Term Liab56K186K202K141K126.9K120.6K
Other Liab15.6M14.0M12.3M9.2M8.3M7.9M
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 Natural Health 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, Natural Health's short interest history, or implied volatility extrapolated from Natural Health options trading.

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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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.
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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
0.823
Dividend Share
0.8
Earnings Share
0.05
Revenue Per Share
3.841
Quarterly Revenue Growth
(0.13)
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.