NeuPath Long Term Debt vs Property Plant And Equipment Net 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 Long Term Debt and its Property Plant And Equipment Net 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.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuPath Health Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NeuPath Health's Long Term Debt and Property Plant And Equipment Net is -0.68. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net 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 Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of NeuPath Health are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., NeuPath Health's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that NeuPath Health has held for over one year. Long-term debt appears on NeuPath Health balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NeuPath Health balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Profit11.1M10.8M12.3M11.9M
Total Revenue60.9M62.7M66.1M63.1M

NeuPath Health fundamental ratios Correlations

-0.470.76-0.880.96-0.92-0.8-0.84-0.5-0.81-0.95-0.87-0.88-0.96-0.60.97-0.67-0.63-0.67-0.680.73-0.8-0.97-0.15-0.610.91
-0.47-0.340.18-0.650.70.870.660.830.420.490.650.470.410.44-0.390.220.450.390.28-0.450.280.390.170.43-0.31
0.76-0.34-0.710.81-0.74-0.71-0.78-0.35-0.68-0.76-0.77-0.64-0.75-0.390.76-0.52-0.41-0.5-0.530.61-0.64-0.780.0-0.390.78
-0.880.18-0.71-0.750.70.560.740.420.930.830.650.850.960.33-0.940.890.380.350.37-0.580.530.81-0.090.34-0.87
0.96-0.650.81-0.75-0.97-0.92-0.89-0.6-0.75-0.94-0.94-0.83-0.89-0.640.91-0.55-0.67-0.72-0.710.73-0.81-0.95-0.21-0.650.85
-0.920.7-0.740.7-0.970.940.910.580.710.950.970.790.850.7-0.870.490.690.770.75-0.70.740.910.190.7-0.72
-0.80.87-0.710.56-0.920.940.890.780.690.840.920.70.740.53-0.760.490.550.580.57-0.580.620.770.150.54-0.67
-0.840.66-0.780.74-0.890.910.890.640.830.870.920.870.860.62-0.860.650.650.580.54-0.570.60.80.260.65-0.66
-0.50.83-0.350.42-0.60.580.780.640.690.490.530.530.560.07-0.510.630.150.01-0.01-0.290.190.37-0.050.09-0.52
-0.810.42-0.680.93-0.750.710.690.830.690.780.660.860.940.26-0.890.950.320.210.2-0.510.390.7-0.10.28-0.8
-0.950.49-0.760.83-0.940.950.840.870.490.780.940.790.910.57-0.960.630.570.680.75-0.580.790.960.120.59-0.81
-0.870.65-0.770.65-0.940.970.920.920.530.660.940.730.80.66-0.850.450.660.750.8-0.540.80.90.280.68-0.68
-0.880.47-0.640.85-0.830.790.70.870.530.860.790.730.930.67-0.890.720.740.560.44-0.720.570.810.310.69-0.74
-0.960.41-0.750.96-0.890.850.740.860.560.940.910.80.930.49-0.990.830.540.50.5-0.650.650.90.080.51-0.89
-0.60.44-0.390.33-0.640.70.530.620.070.260.570.660.670.49-0.510.00.980.930.73-0.680.580.640.610.99-0.25
0.97-0.390.76-0.940.91-0.87-0.76-0.86-0.51-0.89-0.96-0.85-0.89-0.99-0.51-0.78-0.56-0.56-0.610.6-0.75-0.94-0.14-0.540.89
-0.670.22-0.520.89-0.550.490.490.650.630.950.630.450.720.830.0-0.780.08-0.05-0.01-0.30.240.54-0.220.03-0.74
-0.630.45-0.410.38-0.670.690.550.650.150.320.570.660.740.540.98-0.560.080.880.7-0.670.630.660.710.99-0.33
-0.670.39-0.50.35-0.720.770.580.580.010.210.680.750.560.50.93-0.56-0.050.880.92-0.680.760.760.480.91-0.38
-0.680.28-0.530.37-0.710.750.570.54-0.010.20.750.80.440.50.73-0.61-0.010.70.92-0.440.90.820.450.76-0.46
0.73-0.450.61-0.580.73-0.7-0.58-0.57-0.29-0.51-0.58-0.54-0.72-0.65-0.680.6-0.3-0.67-0.68-0.44-0.43-0.66-0.01-0.610.62
-0.80.28-0.640.53-0.810.740.620.60.190.390.790.80.570.650.58-0.750.240.630.760.9-0.430.90.480.64-0.71
-0.970.39-0.780.81-0.950.910.770.80.370.70.960.90.810.90.64-0.940.540.660.760.82-0.660.90.240.66-0.86
-0.150.170.0-0.09-0.210.190.150.26-0.05-0.10.120.280.310.080.61-0.14-0.220.710.480.45-0.010.480.240.70.06
-0.610.43-0.390.34-0.650.70.540.650.090.280.590.680.690.510.99-0.540.030.990.910.76-0.610.640.660.7-0.28
0.91-0.310.78-0.870.85-0.72-0.67-0.66-0.52-0.8-0.81-0.68-0.74-0.89-0.250.89-0.74-0.33-0.38-0.460.62-0.71-0.860.06-0.28
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NeuPath Health Account Relationship Matchups

NeuPath Health fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.7M1.9M611K432K388.8K369.4K
Total Current Liabilities18.0M10.0M13.7M13.9M9.1M13.7M
Other Liab96K59K215K33K29.7K28.2K
Net Tangible Assets(10.9M)7.8M2.1M63K72.5K76.1K
Retained Earnings(13.5M)(18.5M)(21.8M)(25.9M)(26.0M)(27.3M)
Accounts Payable5.2M5.6M7.5M8.8M7.5M6.5M
Net Receivables7.2M5.9M6.6M7.0M6.7M6.5M
Other Current Assets614K634K988K670K606K592.6K
Other Stockholder Equity11.7M12.9M9.2M4.9M5.6M9.7M
Total Current Assets8.6M19.3M15.4M11.1M10.7M12.4M
Common Stock11.5M32.8M36.8M39.9M45.9M24.6M
Property Plant Equipment8.2M6.6M11.6M11.5M13.3M8.1M

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