Natures Depreciation And Amortization vs Total Current Assets Analysis

NMHIW Stock

0.01 0.0001 0.91%

Natures Miracle financial indicator trend analysis is infinitely more than just investigating Natures Miracle Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natures Miracle Holding is a good investment. Please check the relationship between Natures Miracle Depreciation And Amortization and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Depreciation And Amortization vs Total Current Assets

Depreciation And Amortization vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natures Miracle Holding Depreciation And Amortization account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Natures Miracle's Depreciation And Amortization and Total Current Assets is -0.57. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Natures Miracle Holding, assuming nothing else is changed. The correlation between historical values of Natures Miracle's Depreciation And Amortization and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Natures Miracle Holding are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Depreciation And Amortization i.e., Natures Miracle's Depreciation And Amortization and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Natures Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natures Miracle Holding 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 Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Tax Provision is likely to drop to about 156.5 K in 2024. Selling General Administrative is likely to drop to about 2.4 M in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.4M	5.1M	5.9M	6.1M
Cost Of Revenue	17.0M	9.9M	11.4M	13.4M

Total Operating Expenses Cost Of Revenue

Natures Miracle fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.81	0.99	0.92	-0.48	0.9	0.51	0.79	-0.56	-0.97	-0.06	0.9	-0.19	-0.06	0.98	-0.89	0.98	-0.49	0.89	0.87	0.84	0.81	0.89	-0.01	0.55	-0.7
Short Long Term Debt Total	0.81		0.78	0.93	-0.9	0.92	0.18	1.0	-0.93	-0.73	-0.43	0.93	0.05	-0.43	0.79	-0.74	0.82	-0.88	0.94	0.93	0.94	0.34	0.92	-0.57	0.93	-0.98
Other Current Liab	0.99	0.78		0.9	-0.45	0.9	0.55	0.76	-0.54	-0.97	0.0	0.89	-0.15	0.0	0.98	-0.85	0.98	-0.47	0.88	0.87	0.83	0.85	0.89	0.04	0.5	-0.68
Total Current Liabilities	0.92	0.93	0.9		-0.73	0.99	0.26	0.92	-0.79	-0.82	-0.34	0.98	-0.11	-0.34	0.93	-0.76	0.95	-0.75	0.97	0.98	0.98	0.56	0.98	-0.35	0.76	-0.88
Total Stockholder Equity	-0.48	-0.9	-0.45	-0.73		-0.74	0.15	-0.91	0.99	0.36	0.66	-0.75	-0.17	0.66	-0.49	0.41	-0.54	0.96	-0.76	-0.78	-0.81	0.09	-0.75	0.85	-0.98	0.96
Property Plant And Equipment Net	0.9	0.92	0.9	0.99	-0.74		0.32	0.91	-0.81	-0.81	-0.28	1.0	0.01	-0.28	0.92	-0.68	0.94	-0.78	0.98	1.0	0.99	0.56	1.0	-0.37	0.76	-0.89
Current Deferred Revenue	0.51	0.18	0.55	0.26	0.15	0.32		0.12	0.07	-0.66	0.8	0.35	0.45	0.8	0.4	-0.39	0.41	-0.03	0.4	0.3	0.22	0.77	0.32	0.33	-0.02	-0.05
Net Debt	0.79	1.0	0.76	0.92	-0.91	0.91	0.12		-0.95	-0.7	-0.49	0.92	0.02	-0.49	0.78	-0.73	0.81	-0.89	0.92	0.92	0.93	0.3	0.91	-0.59	0.94	-0.98
Retained Earnings	-0.56	-0.93	-0.54	-0.79	0.99	-0.81	0.07	-0.95		0.45	0.62	-0.81	-0.15	0.62	-0.58	0.48	-0.62	0.96	-0.82	-0.83	-0.86	-0.02	-0.81	0.79	-0.98	0.98
Accounts Payable	-0.97	-0.73	-0.97	-0.82	0.36	-0.81	-0.66	-0.7	0.45		-0.14	-0.81	0.1	-0.14	-0.92	0.9	-0.92	0.38	-0.81	-0.77	-0.72	-0.87	-0.8	-0.11	-0.46	0.6
Cash	-0.06	-0.43	0.0	-0.34	0.66	-0.28	0.8	-0.49	0.62	-0.14		-0.25	0.43	1.0	-0.15	0.11	-0.15	0.49	-0.21	-0.3	-0.38	0.45	-0.28	0.6	-0.56	0.54
Non Current Assets Total	0.9	0.93	0.89	0.98	-0.75	1.0	0.35	0.92	-0.81	-0.81	-0.25		0.06	-0.25	0.9	-0.68	0.93	-0.8	0.99	1.0	0.99	0.56	1.0	-0.39	0.77	-0.9
Non Currrent Assets Other	-0.19	0.05	-0.15	-0.11	-0.17	0.01	0.45	0.02	-0.15	0.1	0.43	0.06		0.43	-0.28	0.32	-0.21	-0.37	0.14	0.05	0.03	-0.17	0.03	-0.44	0.22	-0.09
Cash And Short Term Investments	-0.06	-0.43	0.0	-0.34	0.66	-0.28	0.8	-0.49	0.62	-0.14	1.0	-0.25	0.43		-0.15	0.11	-0.15	0.49	-0.21	-0.3	-0.38	0.45	-0.28	0.6	-0.56	0.54
Net Receivables	0.98	0.79	0.98	0.93	-0.49	0.92	0.4	0.78	-0.58	-0.92	-0.15	0.9	-0.28	-0.15		-0.83	1.0	-0.48	0.87	0.89	0.86	0.79	0.91	0.0	0.52	-0.71
Common Stock Shares Outstanding	-0.89	-0.74	-0.85	-0.76	0.41	-0.68	-0.39	-0.73	0.48	0.9	0.11	-0.68	0.32	0.11	-0.83		-0.81	0.36	-0.7	-0.65	-0.63	-0.67	-0.68	-0.04	-0.53	0.59
Capital Lease Obligations	0.98	0.82	0.98	0.95	-0.54	0.94	0.41	0.81	-0.62	-0.92	-0.15	0.93	-0.21	-0.15	1.0	-0.81		-0.54	0.91	0.92	0.89	0.77	0.94	-0.06	0.57	-0.75
Inventory	-0.49	-0.88	-0.47	-0.75	0.96	-0.78	-0.03	-0.89	0.96	0.38	0.49	-0.8	-0.37	0.49	-0.48	0.36	-0.54		-0.82	-0.82	-0.85	0.02	-0.79	0.86	-0.96	0.93
Other Current Assets	0.89	0.94	0.88	0.97	-0.76	0.98	0.4	0.92	-0.82	-0.81	-0.21	0.99	0.14	-0.21	0.87	-0.7	0.91	-0.82		0.99	0.98	0.54	0.99	-0.43	0.8	-0.9
Other Stockholder Equity	0.87	0.93	0.87	0.98	-0.78	1.0	0.3	0.92	-0.83	-0.77	-0.3	1.0	0.05	-0.3	0.89	-0.65	0.92	-0.82	0.99		0.99	0.51	1.0	-0.43	0.79	-0.91
Total Liab	0.84	0.94	0.83	0.98	-0.81	0.99	0.22	0.93	-0.86	-0.72	-0.38	0.99	0.03	-0.38	0.86	-0.63	0.89	-0.85	0.98	0.99		0.44	0.99	-0.49	0.82	-0.93
Net Invested Capital	0.81	0.34	0.85	0.56	0.09	0.56	0.77	0.3	-0.02	-0.87	0.45	0.56	-0.17	0.45	0.79	-0.67	0.77	0.02	0.54	0.51	0.44		0.55	0.52	-0.01	-0.2
Property Plant And Equipment Gross	0.89	0.92	0.89	0.98	-0.75	1.0	0.32	0.91	-0.81	-0.8	-0.28	1.0	0.03	-0.28	0.91	-0.68	0.94	-0.79	0.99	1.0	0.99	0.55		-0.39	0.77	-0.9
Total Current Assets	-0.01	-0.57	0.04	-0.35	0.85	-0.37	0.33	-0.59	0.79	-0.11	0.6	-0.39	-0.44	0.6	0.0	-0.04	-0.06	0.86	-0.43	-0.43	-0.49	0.52	-0.39		-0.82	0.68
Capital Stock	0.55	0.93	0.5	0.76	-0.98	0.76	-0.02	0.94	-0.98	-0.46	-0.56	0.77	0.22	-0.56	0.52	-0.53	0.57	-0.96	0.8	0.79	0.82	-0.01	0.77	-0.82		-0.95
Net Working Capital	-0.7	-0.98	-0.68	-0.88	0.96	-0.89	-0.05	-0.98	0.98	0.6	0.54	-0.9	-0.09	0.54	-0.71	0.59	-0.75	0.93	-0.9	-0.91	-0.93	-0.2	-0.9	0.68	-0.95

Click cells to compare fundamentals

Natures Miracle Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Natures Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Natures Depreciation And Amortization vs Total Current Assets Analysis

Depreciation And Amortization vs Total Current Assets

Depreciation And Amortization vs Total Current Assets Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Total Current Assets

Natures Miracle fundamental ratios Correlations

Natures Miracle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Natures Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Non Current Assets Total

Capital Stock	- 0.98	Retained Earnings
Net Working Capital	- 0.98	Net Debt
Capital Stock	- 0.98	Total Stockholder Equity
Net Working Capital	- 0.98	Short Long Term Debt Total
Accounts Payable	- 0.97	Other Current Liab
Accounts Payable	- 0.97	Total Assets