Neptune Common Stock vs Total Liab Analysis

NDA Stock  CAD 1.11  0.03  2.63%   
Neptune Digital financial indicator trend analysis is infinitely more than just investigating Neptune Digital Assets recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neptune Digital Assets is a good investment. Please check the relationship between Neptune Digital Common Stock and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neptune Digital Assets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neptune Digital Assets Common Stock account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Neptune Digital's Common Stock and Total Liab is 0.97. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Neptune Digital Assets, assuming nothing else is changed. The correlation between historical values of Neptune Digital's Common Stock and Total Liab 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 of Neptune Digital Assets are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Neptune Digital's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Neptune Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neptune Digital Assets 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 Neptune Digital Assets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 2.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 1.04 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income2.4M745.5K857.3K1.0M
Net Interest Income2.4M745.5K857.3K1.0M

Neptune Digital fundamental ratios Correlations

0.94-0.830.85-0.020.970.640.930.880.970.890.950.950.780.890.940.960.850.580.990.950.94-0.350.970.930.88
0.94-0.670.730.240.90.80.880.940.960.740.990.990.60.940.90.930.940.70.940.990.9-0.280.950.950.74
-0.83-0.67-0.980.19-0.86-0.23-0.91-0.53-0.82-0.87-0.72-0.71-0.87-0.78-0.9-0.87-0.69-0.06-0.83-0.71-0.90.59-0.86-0.63-0.95
0.850.73-0.98-0.030.890.310.960.60.860.830.770.770.860.820.940.910.740.130.870.770.94-0.680.90.690.96
-0.020.240.19-0.030.080.250.040.20.09-0.40.150.15-0.050.130.060.050.160.250.080.150.060.040.090.15-0.04
0.970.9-0.860.890.080.490.920.80.970.860.90.90.880.870.920.950.80.450.980.90.92-0.350.970.860.94
0.640.8-0.230.310.250.490.570.910.610.360.810.810.040.660.610.590.740.910.640.820.61-0.160.610.850.24
0.930.88-0.910.960.040.920.570.790.930.830.910.910.760.911.00.970.870.380.950.911.0-0.630.960.860.91
0.880.94-0.530.60.20.80.910.790.840.620.960.960.450.810.820.810.830.870.890.960.82-0.230.840.990.58
0.970.96-0.820.860.090.970.610.930.840.870.950.950.770.960.930.980.920.50.970.950.93-0.350.990.880.9
0.890.74-0.870.83-0.40.860.360.830.620.870.770.770.780.810.830.880.750.260.840.770.83-0.360.870.70.87
0.950.99-0.720.770.150.90.810.910.960.950.771.00.60.930.930.940.930.70.961.00.93-0.360.950.980.76
0.950.99-0.710.770.150.90.810.910.960.950.771.00.60.930.930.940.930.70.961.00.93-0.360.950.980.75
0.780.6-0.870.86-0.050.880.040.760.450.770.780.60.60.610.740.770.50.060.790.60.74-0.320.770.550.95
0.890.94-0.780.820.130.870.660.910.810.960.810.930.930.610.920.960.990.460.890.930.92-0.420.960.830.81
0.940.9-0.90.940.060.920.611.00.820.930.830.930.930.740.920.970.880.420.950.931.0-0.620.970.880.89
0.960.93-0.870.910.050.950.590.970.810.980.880.940.940.770.960.970.920.430.960.940.97-0.511.00.870.92
0.850.94-0.690.740.160.80.740.870.830.920.750.930.930.50.990.880.920.520.850.930.88-0.390.920.840.71
0.580.7-0.060.130.250.450.910.380.870.50.260.70.70.060.460.420.430.520.570.70.420.150.470.80.14
0.990.94-0.830.870.080.980.640.950.890.970.840.960.960.790.890.950.960.850.570.960.95-0.390.970.940.89
0.950.99-0.710.770.150.90.820.910.960.950.771.01.00.60.930.930.940.930.70.960.93-0.360.950.980.75
0.940.9-0.90.940.060.920.611.00.820.930.830.930.930.740.921.00.970.880.420.950.93-0.620.970.880.89
-0.35-0.280.59-0.680.04-0.35-0.16-0.63-0.23-0.35-0.36-0.36-0.36-0.32-0.42-0.62-0.51-0.390.15-0.39-0.36-0.62-0.45-0.31-0.5
0.970.95-0.860.90.090.970.610.960.840.990.870.950.950.770.960.971.00.920.470.970.950.97-0.450.890.91
0.930.95-0.630.690.150.860.850.860.990.880.70.980.980.550.830.880.870.840.80.940.980.88-0.310.890.68
0.880.74-0.950.96-0.040.940.240.910.580.90.870.760.750.950.810.890.920.710.140.890.750.89-0.50.910.68
Click cells to compare fundamentals

Neptune Digital Account Relationship Matchups

Neptune Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities233.8K769.1K890.8K654.5K752.6K533.4K
Net Tangible Assets2.6M3.6M53.9M35.2M40.4M22.4M
Retained Earnings(26.3M)(26.9M)(47.9M)(53.1M)(47.8M)(50.1M)
Accounts Payable17.3K38.9K170.0K470.5K541.0K568.1K
Other Assets2.1M2.3M6.1M4.5M5.2M4.5M
Net Receivables77.9K213.8K322.0K242.1K278.4K179.9K
Other Current Assets167.3K887.4K31.1M4.5M5.2M8.1M
Other Stockholder Equity4.4M4.7M24.0M26.3M30.3M31.8M
Total Current Assets1.5M45.8M26.6M15.2M17.5M16.7M
Total Assets3.8M54.7M36.0M32.9M37.9M28.7M
Total Stockholder Equity3.6M53.9M35.2M32.3M37.1M28.0M
Cash117.6K154.8K4.8M2.9M3.4M1.9M
Non Current Assets Total2.3M17.8M9.4M17.7M20.4M10.9M
Short Term Investments513.8K14.3M4.0M11.7M13.4M6.7M
Total Liab233.8K769.1K890.8K654.5K752.6K611.0K
Net Invested Capital3.6M53.9M35.2M32.3M37.1M28.1M
Net Working Capital1.2M36.1M25.7M14.5M16.7M17.2M

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Additional Tools for Neptune Stock Analysis

When running Neptune Digital's price analysis, check to measure Neptune Digital'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 Neptune Digital is operating at the current time. Most of Neptune Digital's value examination focuses on studying past and present price action to predict the probability of Neptune Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neptune Digital's price. Additionally, you may evaluate how the addition of Neptune Digital to your portfolios can decrease your overall portfolio volatility.