NeuPath Capital Expenditures vs Net Borrowings Analysis

NPTH Stock

CAD 0.17 0.01 6.25%

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

Capital Expenditures vs Net Borrowings

Capital Expenditures vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuPath Health Capital Expenditures account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NeuPath Health's Capital Expenditures and Net Borrowings is -0.48. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of NeuPath Health, assuming nothing else is changed. The correlation between historical values of NeuPath Health's Capital Expenditures and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of NeuPath Health are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Capital Expenditures i.e., NeuPath Health's Capital Expenditures and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by NeuPath Health to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of NeuPath Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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

At this time, NeuPath Health's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 9.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	11.1M	10.8M	12.3M	11.9M
Total Revenue	60.9M	62.7M	66.1M	63.1M

Gross Profit Total Revenue

NeuPath Health fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Total Liab
Other Current Liab		-0.47	0.76	-0.88	0.96	-0.92	-0.8	-0.84	-0.5	-0.81	-0.95	-0.87	-0.88	-0.96	-0.6	0.97	-0.67	-0.63	-0.67	-0.68	0.73	-0.8	-0.97	-0.15	-0.61	0.91
Total Current Liabilities	-0.47		-0.34	0.18	-0.65	0.7	0.87	0.66	0.83	0.42	0.49	0.65	0.47	0.41	0.44	-0.39	0.22	0.45	0.39	0.28	-0.45	0.28	0.39	0.17	0.43	-0.31
Other Liab	0.76	-0.34		-0.71	0.81	-0.74	-0.71	-0.78	-0.35	-0.68	-0.76	-0.77	-0.64	-0.75	-0.39	0.76	-0.52	-0.41	-0.5	-0.53	0.61	-0.64	-0.78	0.0	-0.39	0.78
Net Tangible Assets	-0.88	0.18	-0.71		-0.75	0.7	0.56	0.74	0.42	0.93	0.83	0.65	0.85	0.96	0.33	-0.94	0.89	0.38	0.35	0.37	-0.58	0.53	0.81	-0.09	0.34	-0.87
Retained Earnings	0.96	-0.65	0.81	-0.75		-0.97	-0.92	-0.89	-0.6	-0.75	-0.94	-0.94	-0.83	-0.89	-0.64	0.91	-0.55	-0.67	-0.72	-0.71	0.73	-0.81	-0.95	-0.21	-0.65	0.85
Accounts Payable	-0.92	0.7	-0.74	0.7	-0.97		0.94	0.91	0.58	0.71	0.95	0.97	0.79	0.85	0.7	-0.87	0.49	0.69	0.77	0.75	-0.7	0.74	0.91	0.19	0.7	-0.72
Net Receivables	-0.8	0.87	-0.71	0.56	-0.92	0.94		0.89	0.78	0.69	0.84	0.92	0.7	0.74	0.53	-0.76	0.49	0.55	0.58	0.57	-0.58	0.62	0.77	0.15	0.54	-0.67
Other Current Assets	-0.84	0.66	-0.78	0.74	-0.89	0.91	0.89		0.64	0.83	0.87	0.92	0.87	0.86	0.62	-0.86	0.65	0.65	0.58	0.54	-0.57	0.6	0.8	0.26	0.65	-0.66
Other Stockholder Equity	-0.5	0.83	-0.35	0.42	-0.6	0.58	0.78	0.64		0.69	0.49	0.53	0.53	0.56	0.07	-0.51	0.63	0.15	0.01	-0.01	-0.29	0.19	0.37	-0.05	0.09	-0.52
Total Current Assets	-0.81	0.42	-0.68	0.93	-0.75	0.71	0.69	0.83	0.69		0.78	0.66	0.86	0.94	0.26	-0.89	0.95	0.32	0.21	0.2	-0.51	0.39	0.7	-0.1	0.28	-0.8
Common Stock	-0.95	0.49	-0.76	0.83	-0.94	0.95	0.84	0.87	0.49	0.78		0.94	0.79	0.91	0.57	-0.96	0.63	0.57	0.68	0.75	-0.58	0.79	0.96	0.12	0.59	-0.81
Property Plant Equipment	-0.87	0.65	-0.77	0.65	-0.94	0.97	0.92	0.92	0.53	0.66	0.94		0.73	0.8	0.66	-0.85	0.45	0.66	0.75	0.8	-0.54	0.8	0.9	0.28	0.68	-0.68
Total Assets	-0.88	0.47	-0.64	0.85	-0.83	0.79	0.7	0.87	0.53	0.86	0.79	0.73		0.93	0.67	-0.89	0.72	0.74	0.56	0.44	-0.72	0.57	0.81	0.31	0.69	-0.74
Total Stockholder Equity	-0.96	0.41	-0.75	0.96	-0.89	0.85	0.74	0.86	0.56	0.94	0.91	0.8	0.93		0.49	-0.99	0.83	0.54	0.5	0.5	-0.65	0.65	0.9	0.08	0.51	-0.89
Property Plant And Equipment Net	-0.6	0.44	-0.39	0.33	-0.64	0.7	0.53	0.62	0.07	0.26	0.57	0.66	0.67	0.49		-0.51	0.0	0.98	0.93	0.73	-0.68	0.58	0.64	0.61	0.99	-0.25
Net Debt	0.97	-0.39	0.76	-0.94	0.91	-0.87	-0.76	-0.86	-0.51	-0.89	-0.96	-0.85	-0.89	-0.99	-0.51		-0.78	-0.56	-0.56	-0.61	0.6	-0.75	-0.94	-0.14	-0.54	0.89
Cash	-0.67	0.22	-0.52	0.89	-0.55	0.49	0.49	0.65	0.63	0.95	0.63	0.45	0.72	0.83	0.0	-0.78		0.08	-0.05	-0.01	-0.3	0.24	0.54	-0.22	0.03	-0.74
Non Current Assets Total	-0.63	0.45	-0.41	0.38	-0.67	0.69	0.55	0.65	0.15	0.32	0.57	0.66	0.74	0.54	0.98	-0.56	0.08		0.88	0.7	-0.67	0.63	0.66	0.71	0.99	-0.33
Non Currrent Assets Other	-0.67	0.39	-0.5	0.35	-0.72	0.77	0.58	0.58	0.01	0.21	0.68	0.75	0.56	0.5	0.93	-0.56	-0.05	0.88		0.92	-0.68	0.76	0.76	0.48	0.91	-0.38
Other Assets	-0.68	0.28	-0.53	0.37	-0.71	0.75	0.57	0.54	-0.01	0.2	0.75	0.8	0.44	0.5	0.73	-0.61	-0.01	0.7	0.92		-0.44	0.9	0.82	0.45	0.76	-0.46
Long Term Debt	0.73	-0.45	0.61	-0.58	0.73	-0.7	-0.58	-0.57	-0.29	-0.51	-0.58	-0.54	-0.72	-0.65	-0.68	0.6	-0.3	-0.67	-0.68	-0.44		-0.43	-0.66	-0.01	-0.61	0.62
Good Will	-0.8	0.28	-0.64	0.53	-0.81	0.74	0.62	0.6	0.19	0.39	0.79	0.8	0.57	0.65	0.58	-0.75	0.24	0.63	0.76	0.9	-0.43		0.9	0.48	0.64	-0.71
Common Stock Shares Outstanding	-0.97	0.39	-0.78	0.81	-0.95	0.91	0.77	0.8	0.37	0.7	0.96	0.9	0.81	0.9	0.64	-0.94	0.54	0.66	0.76	0.82	-0.66	0.9		0.24	0.66	-0.86
Non Current Liabilities Total	-0.15	0.17	0.0	-0.09	-0.21	0.19	0.15	0.26	-0.05	-0.1	0.12	0.28	0.31	0.08	0.61	-0.14	-0.22	0.71	0.48	0.45	-0.01	0.48	0.24		0.7	0.06
Capital Lease Obligations	-0.61	0.43	-0.39	0.34	-0.65	0.7	0.54	0.65	0.09	0.28	0.59	0.68	0.69	0.51	0.99	-0.54	0.03	0.99	0.91	0.76	-0.61	0.64	0.66	0.7		-0.28
Total Liab	0.91	-0.31	0.78	-0.87	0.85	-0.72	-0.67	-0.66	-0.52	-0.8	-0.81	-0.68	-0.74	-0.89	-0.25	0.89	-0.74	-0.33	-0.38	-0.46	0.62	-0.71	-0.86	0.06	-0.28

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NeuPath Health Account Relationship Matchups

NeuPath Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.7M	1.9M	611K	432K	388.8K	369.4K
Total Current Liabilities	18.0M	10.0M	13.7M	13.9M	9.1M	13.7M
Other Liab	96K	59K	215K	33K	29.7K	28.2K
Net Tangible Assets	(10.9M)	7.8M	2.1M	63K	72.5K	76.1K
Retained Earnings	(13.5M)	(18.5M)	(21.8M)	(25.9M)	(26.0M)	(27.3M)
Accounts Payable	5.2M	5.6M	7.5M	8.8M	7.5M	6.5M
Net Receivables	7.2M	5.9M	6.6M	7.0M	6.7M	6.5M
Other Current Assets	614K	634K	988K	670K	606K	592.6K
Other Stockholder Equity	11.7M	12.9M	9.2M	4.9M	5.6M	9.7M
Total Current Assets	8.6M	19.3M	15.4M	11.1M	10.7M	12.4M
Common Stock	11.5M	32.8M	36.8M	39.9M	45.9M	24.6M
Property Plant Equipment	8.2M	6.6M	11.6M	11.5M	13.3M	8.1M

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