Nutex Other Current Assets vs Common Stock Shares Outstanding Analysis

NUTX Stock  USD 33.33  4.86  12.73%   
Nutex Health financial indicator trend analysis is infinitely more than just investigating Nutex Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutex Health is a good investment. Please check the relationship between Nutex Health Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutex 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 estimate.
For more information on how to buy Nutex Stock please use our How to Invest in Nutex Health guide.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutex Health Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nutex Health's Other Current Assets and Common Stock Shares Outstanding is -0.67. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Nutex Health, assuming nothing else is changed. The correlation between historical values of Nutex Health's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nutex Health are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Nutex Health's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Nutex Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutex 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 Nutex 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 estimate.
For more information on how to buy Nutex Stock please use our How to Invest in Nutex Health guide.Enterprise Value is likely to rise to about 8.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.5M18.0M66.5M69.9M
Cost Of Revenue152.3M205.8M212.9M223.5M

Nutex Health fundamental ratios Correlations

0.21-0.270.180.370.20.120.120.070.350.180.350.36-0.08-0.67-0.040.120.340.19-0.630.40.00.150.33-0.150.2
0.210.710.860.91.00.97-0.670.950.910.990.910.860.76-0.290.80.980.880.95-0.510.670.860.980.550.670.97
-0.270.710.840.430.740.8-0.710.740.470.760.470.40.760.170.740.790.430.67-0.260.420.720.780.570.710.68
0.180.860.840.680.890.9-0.640.770.690.880.690.650.69-0.230.730.890.670.79-0.480.780.680.890.860.610.81
0.370.90.430.680.870.77-0.350.770.990.840.990.960.47-0.340.520.790.980.87-0.460.670.690.80.450.360.9
0.21.00.740.890.870.98-0.720.960.891.00.890.810.8-0.290.840.990.840.95-0.510.650.880.990.580.720.97
0.120.970.80.90.770.98-0.820.960.790.990.790.710.88-0.240.911.00.740.93-0.50.620.881.00.580.810.94
0.12-0.67-0.71-0.64-0.35-0.72-0.82-0.82-0.41-0.76-0.41-0.24-0.980.02-0.98-0.81-0.28-0.730.3-0.21-0.76-0.79-0.28-0.99-0.7
0.070.950.740.770.770.960.96-0.820.80.970.80.680.9-0.20.910.970.720.93-0.440.420.960.970.360.840.95
0.350.910.470.690.990.890.79-0.410.80.871.00.930.53-0.340.570.820.960.91-0.480.630.730.830.440.430.93
0.180.990.760.880.841.00.99-0.760.970.870.870.780.84-0.270.871.00.810.95-0.50.620.91.00.560.760.97
0.350.910.470.690.990.890.79-0.410.81.00.870.930.53-0.340.570.820.960.91-0.480.630.730.830.440.430.93
0.360.860.40.650.960.810.71-0.240.680.930.780.930.34-0.380.410.730.990.79-0.50.770.570.750.490.220.82
-0.080.760.760.690.470.80.88-0.980.90.530.840.530.34-0.030.990.870.390.8-0.330.230.860.860.290.990.79
-0.67-0.290.17-0.23-0.34-0.29-0.240.02-0.2-0.34-0.27-0.34-0.38-0.03-0.09-0.23-0.33-0.250.73-0.39-0.15-0.26-0.310.01-0.27
-0.040.80.740.730.520.840.91-0.980.910.570.870.570.410.99-0.090.90.460.83-0.370.340.850.890.350.970.81
0.120.980.790.890.790.991.0-0.810.970.821.00.820.730.87-0.230.90.760.94-0.490.60.91.00.550.80.96
0.340.880.430.670.980.840.74-0.280.720.960.810.960.990.39-0.330.460.760.83-0.470.730.620.770.470.280.86
0.190.950.670.790.870.950.93-0.730.930.910.950.910.790.8-0.250.830.940.83-0.470.560.860.940.470.730.99
-0.63-0.51-0.26-0.48-0.46-0.51-0.50.3-0.44-0.48-0.5-0.48-0.5-0.330.73-0.37-0.49-0.47-0.47-0.51-0.37-0.5-0.42-0.25-0.48
0.40.670.420.780.670.650.62-0.210.420.630.620.630.770.23-0.390.340.60.730.56-0.510.230.630.860.120.57
0.00.860.720.680.690.880.88-0.760.960.730.90.730.570.86-0.150.850.90.620.86-0.370.230.880.240.830.89
0.150.980.780.890.80.991.0-0.790.970.831.00.830.750.86-0.260.891.00.770.94-0.50.630.880.570.780.96
0.330.550.570.860.450.580.58-0.280.360.440.560.440.490.29-0.310.350.550.470.47-0.420.860.240.570.210.48
-0.150.670.710.610.360.720.81-0.990.840.430.760.430.220.990.010.970.80.280.73-0.250.120.830.780.210.71
0.20.970.680.810.90.970.94-0.70.950.930.970.930.820.79-0.270.810.960.860.99-0.480.570.890.960.480.71
Click cells to compare fundamentals

Nutex Health Account Relationship Matchups

Nutex Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding41.4M42.9M39.5M42.3M4.4M4.2M
Total Assets179.2M308.6M394.7M431.8M398.2M418.2M
Other Current Liab9.9M2.4M6.9M8.8M13.0M13.6M
Total Current Liabilities72.1M31.5M37.7M54.9M58.3M61.2M
Total Stockholder Equity28.3M85.8M114.7M95.9M61.5M38.6M
Property Plant And Equipment Net131.3M170.8M238.4M295.2M269.4M282.9M
Net Debt111.9M124.6M142.4M232.9M253.8M266.4M
Retained Earnings(12.6M)(18.2M)102.3M(363.3M)(409.1M)(388.6M)
Accounts Payable1.8M8.6M17.7M23.9M25.3M26.5M
Cash8.0M25.5M36.1M34.3M22.0M12.7M
Non Current Assets Total133.5M173.0M240.6M333.8M307.4M322.8M
Cash And Short Term Investments8.0M25.5M36.1M34.3M22.0M12.7M
Net Receivables36.1M108.1M114.8M58.3M62.8M41.9M
Liabilities And Stockholders Equity179.2M308.6M394.7M431.8M398.2M418.2M
Other Current Assets700.1K130.6K323.3K1.9M2.7M2.8M
Other Stockholder Equity40.9M104.0M11.7M458.5M469.8M493.3M
Total Liab128.4M161.2M203.1M311.4M319.1M335.1M
Total Current Assets45.7M135.5M154.0M98.0M90.8M53.7M
Non Current Liabilities Total56.3M129.7M165.4M256.6M260.8M136.7M
Current Deferred Revenue9.2K165.6K38.7K173.9K156.5K161.0K
Non Currrent Assets Other1.1M1.1M456.1K423.4K431.1K427.4K
Common Stock4.6K5.3K592.8K650.2K676.7K710.5K
Short Long Term Debt Total119.9M150.1M178.6M267.2M275.8M289.5M
Short Term Debt63.7M20.4M13.2M21.1M20.1M19.2M
Intangible Assets2.6M1.5M682.6K21.2M20.5M21.5M
Inventory899.9K1.7M2.8M3.5M3.4M2.3M

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