Nutriband Selling General Administrative vs Non Operating Income Net Other Analysis

NTRB Stock  USD 5.36  0.64  10.67%   
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 Selling General Administrative and its Non Operating Income Net Other 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.

Selling General Administrative vs Non Operating Income Net Other

Selling General Administrative vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutriband Selling General Administrative account and Non Operating Income Net Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nutriband's Selling General Administrative and Non Operating Income Net Other is 0.41. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Nutriband, assuming nothing else is changed. The correlation between historical values of Nutriband's Selling General Administrative and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Nutriband are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Selling General Administrative i.e., Nutriband's Selling General Administrative and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Non Operating Income Net Other

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.As of June 18, 2024, Selling General Administrative is expected to decline to about 2.4 M. In addition to that, Issuance Of Capital Stock is expected to decline to 0.00
 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
Click cells to compare fundamentals

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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.