NeuPath Property Plant And Equipment Net vs Net Receivables 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 Property Plant And Equipment Net and its Net Receivables 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.

Property Plant And Equipment Net vs Net Receivables

Property Plant And Equipment Net vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuPath Health Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NeuPath Health's Property Plant And Equipment Net and Net Receivables is 0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables 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 Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of NeuPath Health are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., NeuPath Health's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Receivables

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
Click cells to compare fundamentals

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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