Nutriband Accounts Payable vs Net Debt Analysis

NTRB Stock  USD 3.95  1.41  26.31%   
Nutriband financial indicator trend analysis is infinitely more than just investigating Nutriband recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutriband is a good investment. Please check the relationship between Nutriband Accounts Payable and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nutriband's Accounts Payable and Net Debt is -0.16. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Nutriband, assuming nothing else is changed. The correlation between historical values of Nutriband's Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nutriband are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Nutriband's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Nutriband 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 Nutriband 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Nutriband's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutriband 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 Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 3.26, whereas Selling General Administrative is forecasted to decline to about 2.4 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation318.3K369.0K287.7K233.4K
Depreciation And Amortization318.3K369.0K287.7K423.3K

Nutriband fundamental ratios Correlations

0.530.780.640.990.65-0.54-0.810.840.770.770.740.80.870.150.870.670.440.810.46-0.810.850.990.410.96-0.83
0.530.680.840.42-0.20.35-0.310.7-0.010.68-0.030.490.210.290.340.860.990.011.0-0.570.360.5-0.450.61-0.58
0.780.680.940.680.22-0.13-0.720.980.380.990.350.70.640.680.720.940.640.420.65-0.950.80.71-0.120.74-0.97
0.640.840.940.5-0.060.14-0.540.930.150.930.120.580.410.70.541.00.830.180.83-0.840.640.56-0.380.61-0.85
0.990.420.680.50.75-0.64-0.80.740.830.670.810.770.890.030.870.540.320.870.33-0.730.810.990.540.94-0.75
0.65-0.20.22-0.060.75-0.82-0.710.270.830.180.790.610.79-0.30.75-0.04-0.290.86-0.28-0.360.550.710.820.63-0.4
-0.540.35-0.130.14-0.64-0.820.37-0.16-0.94-0.15-0.94-0.18-0.580.11-0.440.130.42-0.930.410.25-0.37-0.56-0.95-0.390.25
-0.81-0.31-0.72-0.54-0.8-0.710.37-0.76-0.53-0.66-0.48-0.95-0.92-0.18-0.99-0.55-0.22-0.6-0.240.79-0.89-0.82-0.25-0.830.84
0.840.70.980.930.740.27-0.16-0.760.420.960.390.740.680.590.770.940.650.460.66-0.930.850.78-0.080.78-0.95
0.77-0.010.380.150.830.83-0.94-0.530.420.40.990.410.7-0.020.620.17-0.10.99-0.09-0.480.530.790.850.64-0.49
0.770.680.990.930.670.18-0.15-0.660.960.40.380.640.620.710.670.940.640.440.65-0.950.770.7-0.090.72-0.95
0.74-0.030.350.120.810.79-0.94-0.480.390.990.380.340.65-0.030.560.14-0.120.98-0.11-0.450.480.760.870.61-0.45
0.80.490.70.580.770.61-0.18-0.950.740.410.640.340.860.060.950.60.410.480.43-0.750.820.820.110.89-0.8
0.870.210.640.410.890.79-0.58-0.920.680.70.620.650.860.080.940.440.10.770.12-0.740.910.880.490.87-0.78
0.150.290.680.70.03-0.30.11-0.180.59-0.020.71-0.030.060.080.130.660.31-0.020.31-0.60.340.04-0.390.03-0.59
0.870.340.720.540.870.75-0.44-0.990.770.620.670.560.950.940.130.560.250.690.27-0.790.890.880.320.89-0.84
0.670.860.941.00.54-0.040.13-0.550.940.170.940.140.60.440.660.560.840.20.85-0.850.660.6-0.350.65-0.86
0.440.990.640.830.32-0.290.42-0.220.65-0.10.64-0.120.410.10.310.250.84-0.091.0-0.520.280.4-0.530.51-0.52
0.810.010.420.180.870.86-0.93-0.60.460.990.440.980.480.77-0.020.690.2-0.09-0.07-0.530.60.830.840.7-0.54
0.461.00.650.830.33-0.280.41-0.240.66-0.090.65-0.110.430.120.310.270.851.0-0.07-0.530.30.42-0.520.53-0.53
-0.81-0.57-0.95-0.84-0.73-0.360.250.79-0.93-0.48-0.95-0.45-0.75-0.74-0.6-0.79-0.85-0.52-0.53-0.53-0.83-0.76-0.03-0.780.97
0.850.360.80.640.810.55-0.37-0.890.850.530.770.480.820.910.340.890.660.280.60.3-0.830.810.20.79-0.85
0.990.50.710.560.990.71-0.56-0.820.780.790.70.760.820.880.040.880.60.40.830.42-0.760.810.460.97-0.79
0.41-0.45-0.12-0.380.540.82-0.95-0.25-0.080.85-0.090.870.110.49-0.390.32-0.35-0.530.84-0.52-0.030.20.460.31-0.03
0.960.610.740.610.940.63-0.39-0.830.780.640.720.610.890.870.030.890.650.510.70.53-0.780.790.970.31-0.81
-0.83-0.58-0.97-0.85-0.75-0.40.250.84-0.95-0.49-0.95-0.45-0.8-0.78-0.59-0.84-0.86-0.52-0.54-0.530.97-0.85-0.79-0.03-0.81
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Nutriband Account Relationship Matchups

Nutriband fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M9.9M12.7M9.5M7.5M5.5M
Short Long Term Debt Total321.6K1.8M134.6K185.8K241.3K337.8K
Other Current Liab928.8K940.6K639.5K534.7K680.1K470.9K
Total Current Liabilities2.0M2.6M779.3K748.6K999.1K927.7K
Total Stockholder Equity175.4K7.1M11.9M8.6M6.4M4.5M
Net Tangible Assets(1.9M)(1.4M)5.6M2.8M3.2M3.3M
Net Debt311.4K1.6M(4.8M)(1.8M)(251.7K)(264.2K)
Retained Earnings(8.9M)(11.8M)(18.0M)(22.5M)(28.0M)(26.6M)
Accounts Payable771.9K940.6K639.5K534.7K680.1K473.8K
Cash10.2K152.0K4.9M2.0M492.9K982.0K
Cash And Short Term Investments10.2K152.0K4.9M2.0M492.9K468.3K
Net Receivables12.8K109.3K71.4K113.0K148.6K156.1K
Common Stock Total Equity20.9K21.7K5.4K6.3K7.2K9.9K
Common Stock Shares Outstanding6.3M6.7M7.9M8.5M8.0M7.5M
Liabilities And Stockholders Equity2.2M9.9M12.7M9.5M7.5M5.5M
Non Current Liabilities Total1.1M246.9K101.1K134.8K79.8K75.8K
Other Stockholder Equity9.1M18.9M29.9M31.1M34.4M36.1M
Total Liab2.0M2.8M880.4K883.4K1.1M996.5K
Short Long Term Debt311.6K1.5M14.1K19.7K127.2K253.2K
Total Current Assets43.2K314.2K5.5M2.7M1.0M1.3M
Short Term Debt321.6K1.5M33.5K51.0K161.5K268.9K
Intangible Assets314.7K1.0M926.9K780.4K667.3K494.7K
Common Stock5.4K6.3K7.8K7.8K8.9K10.3K
Property Plant Equipment120.6K1.1M998.3K960.5K1.1M1.2M
Non Current Assets Total2.2M9.6M7.3M6.8M6.5M4.7M
Non Currrent Assets Other146.1K(2.2M)(7.3M)(6.8M)(6.1M)(5.8M)
Net Invested Capital487K8.8M12.0M8.7M6.6M6.2M
Net Working Capital(2.0M)(2.3M)4.7M1.9M22.8K21.6K
Property Plant And Equipment Net120.6K1.1M998.3K960.5K806.3K753.2K
Capital Stock5.4K6.3K7.8K7.8K8.9K7.7K

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Additional Information and Resources on Investing in Nutriband Stock

When determining whether Nutriband offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutriband'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 Nutriband Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutriband Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutriband. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Nutriband Stock refer to our How to Trade Nutriband Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology space 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 Nutriband. If investors know Nutriband 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 Nutriband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.77)
Revenue Per Share
0.243
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.30)
Return On Equity
(0.60)
The market value of Nutriband is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband's value that differs from its market value or its book value, called intrinsic value, which is Nutriband'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 Nutriband's market value can be influenced by many factors that don't directly affect Nutriband'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 Nutriband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband'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.