Natural Non Currrent Assets Other vs Total Assets Analysis
NAII Stock | USD 4.21 0.04 0.94% |
Natural Alternatives financial indicator trend analysis is infinitely more than just investigating Natural Alternatives recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Alternatives is a good investment. Please check the relationship between Natural Alternatives Non Currrent Assets Other and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Alternatives Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Natural Alternatives' Non Currrent Assets Other and Total Assets is 0.8. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Natural Alternatives International, assuming nothing else is changed. The correlation between historical values of Natural Alternatives' Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Natural Alternatives International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Natural Alternatives' Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Natural Alternatives assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Natural Alternatives books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Natural Alternatives' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Alternatives 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 Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of now, Natural Alternatives' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Natural Alternatives' current Enterprise Value is estimated to increase to about 85.8 M, while Selling General Administrative is projected to decrease to under 13.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 30.5M | 18.2M | 6.9M | 6.5M | Total Revenue | 171.0M | 154.0M | 113.8M | 83.4M |
Natural Alternatives fundamental ratios Correlations
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Natural Alternatives Account Relationship Matchups
High Positive Relationship
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Natural Alternatives fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 120.2M | 120.3M | 146.0M | 134.2M | 162.3M | 170.5M | |
Other Current Liab | 5.2M | 7.8M | 6.1M | 5.0M | 5.3M | 5.6M | |
Total Current Liabilities | 27.8M | 23.7M | 23.3M | 15.9M | 23.5M | 24.6M | |
Total Stockholder Equity | 71.4M | 80.1M | 88.5M | 88.8M | 82.6M | 86.7M | |
Property Plant And Equipment Net | 39.9M | 38.1M | 66.3M | 74.2M | 95.7M | 100.5M | |
Net Debt | (1.7M) | (15.7M) | 10.0M | 17.3M | 48.3M | 50.7M | |
Retained Earnings | 56.2M | 66.9M | 77.7M | 80.2M | 73.0M | 76.6M | |
Cash | 30.5M | 32.1M | 21.8M | 13.6M | 12.0M | 10.7M | |
Non Current Assets Total | 41.2M | 39.9M | 69.3M | 77.1M | 100.7M | 105.8M | |
Cash And Short Term Investments | 30.5M | 32.1M | 21.8M | 13.6M | 12.0M | 10.7M | |
Net Receivables | 17.8M | 17.9M | 17.5M | 7.3M | 16.9M | 9.1M | |
Common Stock Shares Outstanding | 6.7M | 6.4M | 6.2M | 5.9M | 5.9M | 9.1M | |
Liabilities And Stockholders Equity | 120.2M | 120.3M | 146.0M | 134.2M | 162.3M | 170.5M | |
Non Current Liabilities Total | 21.0M | 16.5M | 34.2M | 29.5M | 56.3M | 59.1M | |
Inventory | 28.0M | 27.0M | 32.5M | 29.7M | 24.2M | 13.5M | |
Other Current Assets | 2.3M | 3.3M | 4.9M | 6.4M | 8.5M | 8.9M | |
Other Stockholder Equity | 16.3M | 13.6M | 9.1M | 8.6M | 9.6M | 14.1M | |
Total Liab | 48.8M | 40.2M | 57.5M | 45.4M | 79.7M | 83.7M | |
Total Current Assets | 79.0M | 80.3M | 76.7M | 57.0M | 61.6M | 36.0M | |
Non Currrent Assets Other | 1.1M | 1.6M | 2.5M | 2.6M | 5.0M | 5.2M | |
Accounts Payable | 12.5M | 11.9M | 16.0M | 7.8M | 12.7M | 7.2M | |
Property Plant And Equipment Gross | 39.9M | 38.1M | 114.7M | 124.9M | 151.1M | 158.6M | |
Accumulated Other Comprehensive Income | (1.2M) | (561K) | 1.7M | (83K) | (22K) | (23.1K) | |
Other Liab | 2.2M | 1.6M | 2.7M | 1.3M | 1.5M | 1.3M | |
Other Assets | 1.3M | 1.8M | 3.0M | 2.4M | 2.8M | 1.4M | |
Property Plant Equipment | 39.9M | 38.1M | 66.3M | 74.2M | 85.3M | 89.6M | |
Net Tangible Assets | 71.4M | 80.1M | 88.5M | 88.8M | 102.1M | 69.2M | |
Net Invested Capital | 81.4M | 80.1M | 98.3M | 98.3M | 95.2M | 90.6M |
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When determining whether Natural Alternatives offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natural Alternatives' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natural Alternatives International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natural Alternatives International Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Alternatives International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Personal Care Products 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 Natural Alternatives. If investors know Natural 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 Natural Alternatives listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.741 | Earnings Share (1.44) | Revenue Per Share 19.383 | Quarterly Revenue Growth 0.265 | Return On Assets (0.04) |
The market value of Natural Alternatives is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Alternatives' value that differs from its market value or its book value, called intrinsic value, which is Natural Alternatives' 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 Natural Alternatives' market value can be influenced by many factors that don't directly affect Natural Alternatives' 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 Natural Alternatives' value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Alternatives is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Alternatives' 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.