Nutriband Warrant Total Debt vs. Total Asset

NTRBW Stock  USD 1.60  0.25  13.51%   
Based on Nutriband Warrant's profitability indicators, Nutriband Warrant may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in January. Profitability indicators assess Nutriband Warrant's ability to earn profits and add value for shareholders. Sales General And Administrative To Revenue is likely to climb to 3.26 in 2024, whereas Price To Sales Ratio is likely to drop 9.46 in 2024. Accumulated Other Comprehensive Income is likely to climb to -259.92 in 2024. Operating Income is likely to climb to about (4.6 M) in 2024.
For Nutriband Warrant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nutriband Warrant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nutriband Warrant utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nutriband Warrant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nutriband Warrant over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For more information on how to buy Nutriband Stock please use our How to Invest in Nutriband Warrant guide.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nutriband Warrant. If investors know Nutriband will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nutriband Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
0.243
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.30)
Return On Equity
(0.60)
The market value of Nutriband Warrant is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband Warrant's value that differs from its market value or its book value, called intrinsic value, which is Nutriband Warrant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nutriband Warrant's market value can be influenced by many factors that don't directly affect Nutriband Warrant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nutriband Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband Warrant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nutriband Warrant Total Asset vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nutriband Warrant's current stock value. Our valuation model uses many indicators to compare Nutriband Warrant value to that of its competitors to determine the firm's financial worth.
Nutriband Warrant is rated below average in total debt category among its peers. It is regarded fifth in total asset category among its peers fabricating about  31.15  of Total Asset per Total Debt. At this time, Nutriband Warrant's Total Assets are fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nutriband Warrant by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nutriband Total Debt vs. Competition

Nutriband Warrant is rated below average in total debt category among its peers. Total debt of Health Care industry is now estimated at about 21.79 Million. Nutriband Warrant claims roughly 241,285 in total debt contributing just under 2% to equities under Health Care industry.
Total debt  Revenue  Capitalization  Valuation  Workforce

Nutriband Total Asset vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Nutriband Warrant

Total Debt

 = 

Bonds

+

Notes

 = 
241.28 K
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Nutriband Warrant

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
7.52 M
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Nutriband Total Asset Comparison

Nutriband Warrant is currently under evaluation in total asset category among its peers.

Nutriband Warrant Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nutriband Warrant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nutriband Warrant will eventually generate negative long term returns. The profitability progress is the general direction of Nutriband Warrant's change in net profit over the period of time. It can combine multiple indicators of Nutriband Warrant, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income(273.60)(259.92)
Operating Income-4.9 M-4.6 M
Income Before Tax-5.5 M-5.2 M
Net Loss-5.5 M-5.2 M
Net Loss-5.5 M-5.8 M
Total Other Income Expense Net-613.4 K-644.1 K
Income Tax Expense(2.00)(1.90)
Net Interest Income-59 K-61.9 K
Interest Income16.9 K9.3 K
Net Loss(0.69)(0.72)
Income Quality 0.64  0.35 
Net Income Per E B T 0.97  0.91 

Nutriband Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nutriband Warrant. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nutriband Warrant position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nutriband Warrant's important profitability drivers and their relationship over time.

Use Nutriband Warrant in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nutriband Warrant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nutriband Warrant will appreciate offsetting losses from the drop in the long position's value.

Nutriband Warrant Pair Trading

Nutriband Warrant Pair Trading Analysis

The ability to find closely correlated positions to Nutriband Warrant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutriband Warrant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nutriband Warrant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nutriband Warrant to buy it.
The correlation of Nutriband Warrant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nutriband Warrant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutriband Warrant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nutriband Warrant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Developed Markets Basket ETFs
Developed Markets Basket ETFs Theme
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Additional Tools for Nutriband Stock Analysis

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