NeuPath Net Receivables vs Net Tangible Assets Analysis

NPTH Stock  CAD 0.25  0.01  4.17%   
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 Net Receivables and its Net Tangible Assets 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.

Net Receivables vs Net Tangible Assets

Net Receivables vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeuPath Health Net Receivables account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between NeuPath Health's Net Receivables and Net Tangible Assets is 0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Tangible Assets 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 Net Receivables and Net Tangible 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 Net Receivables of NeuPath Health are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Receivables i.e., NeuPath Health's Net Receivables and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.
Tax Provision is likely to drop to about 137.1 K in 2025. Selling General Administrative is likely to drop to about 10.1 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit10.8M12.3M13.9M12.4M
Total Revenue62.7M66.1M72.8M65.9M

NeuPath Health fundamental ratios Correlations

-0.540.79-0.880.96-0.93-0.83-0.83-0.45-0.8-0.96-0.88-0.6-0.96-0.510.98-0.64-0.58-0.66-0.730.72-0.85-0.970.47-0.510.92
-0.54-0.420.24-0.70.740.880.670.790.440.580.730.290.460.38-0.470.230.420.410.45-0.470.50.49-0.350.35-0.4
0.79-0.42-0.730.83-0.77-0.74-0.78-0.31-0.68-0.79-0.79-0.4-0.77-0.330.79-0.51-0.38-0.51-0.590.61-0.68-0.80.46-0.310.8
-0.880.24-0.73-0.760.720.60.740.390.930.840.670.710.960.29-0.930.870.360.370.42-0.580.60.8-0.360.29-0.87
0.96-0.70.83-0.76-0.98-0.93-0.87-0.54-0.73-0.94-0.95-0.51-0.89-0.540.92-0.53-0.61-0.7-0.760.72-0.87-0.950.47-0.540.87
-0.930.74-0.770.72-0.980.950.880.510.70.960.980.610.850.59-0.890.470.630.740.81-0.690.820.93-0.410.58-0.77
-0.830.88-0.740.6-0.930.950.880.710.690.870.940.50.760.45-0.790.470.510.580.65-0.590.710.8-0.40.45-0.72
-0.830.67-0.780.74-0.870.880.880.620.830.850.890.750.870.59-0.850.640.640.590.54-0.570.690.77-0.150.61-0.66
-0.450.79-0.310.39-0.540.510.710.620.670.430.470.350.520.06-0.460.610.14-0.01-0.03-0.30.260.31-0.170.07-0.46
-0.80.44-0.680.93-0.730.70.690.830.670.770.660.750.930.24-0.870.950.310.220.24-0.510.490.67-0.270.25-0.78
-0.960.58-0.790.84-0.940.960.870.850.430.770.950.70.910.47-0.960.610.520.650.78-0.60.750.95-0.440.47-0.83
-0.880.73-0.790.67-0.950.980.940.890.470.660.950.620.810.56-0.870.440.60.710.83-0.570.770.9-0.380.56-0.72
-0.60.29-0.40.71-0.510.610.50.750.350.750.70.620.720.46-0.680.680.420.370.34-0.290.280.510.120.46-0.35
-0.960.46-0.770.96-0.890.850.760.870.520.930.910.810.720.44-0.980.820.520.510.54-0.660.740.89-0.360.45-0.89
-0.510.38-0.330.29-0.540.590.450.590.060.240.470.560.460.44-0.44-0.020.970.90.59-0.650.710.510.170.99-0.18
0.98-0.470.79-0.930.92-0.89-0.79-0.85-0.46-0.87-0.96-0.87-0.68-0.98-0.44-0.74-0.52-0.56-0.660.6-0.78-0.950.41-0.450.91
-0.640.23-0.510.87-0.530.470.470.640.610.950.610.440.680.82-0.02-0.740.06-0.050.01-0.290.270.5-0.210.01-0.69
-0.580.42-0.380.36-0.610.630.510.640.140.310.520.60.420.520.97-0.520.060.870.61-0.650.810.590.050.98-0.3
-0.660.41-0.510.37-0.70.740.580.59-0.010.220.650.710.370.510.9-0.56-0.050.870.83-0.680.810.72-0.060.88-0.39
-0.730.45-0.590.42-0.760.810.650.54-0.030.240.780.830.340.540.59-0.660.010.610.83-0.490.780.84-0.440.58-0.54
0.72-0.470.61-0.580.72-0.69-0.59-0.57-0.3-0.51-0.6-0.57-0.29-0.66-0.650.6-0.29-0.65-0.68-0.49-0.76-0.650.42-0.570.62
-0.850.5-0.680.6-0.870.820.710.690.260.490.750.770.280.740.71-0.780.270.810.810.78-0.760.88-0.420.72-0.75
-0.970.49-0.80.8-0.950.930.80.770.310.670.950.90.510.890.51-0.950.50.590.720.84-0.650.88-0.490.52-0.89
0.47-0.350.46-0.360.47-0.41-0.4-0.15-0.17-0.27-0.44-0.380.12-0.360.170.41-0.210.05-0.06-0.440.42-0.42-0.490.220.61
-0.510.35-0.310.29-0.540.580.450.610.070.250.470.560.460.450.99-0.450.010.980.880.58-0.570.720.520.22-0.19
0.92-0.40.8-0.870.87-0.77-0.72-0.66-0.46-0.78-0.83-0.72-0.35-0.89-0.180.91-0.69-0.3-0.39-0.540.62-0.75-0.890.61-0.19
Click cells to compare fundamentals

NeuPath Health Account Relationship Matchups

NeuPath Health fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab1.7M1.9M611K432K388.8K369.4K
Total Current Liabilities10.0M13.7M13.9M9.1M15.4M14.1M
Other Liab96K59K215K33K29.7K28.2K
Net Tangible Assets(10.9M)7.8M2.1M63K72.5K76.1K
Retained Earnings(18.5M)(21.8M)(25.9M)(26.0M)(26.8M)(28.1M)
Accounts Payable5.6M7.5M8.8M7.5M8.4M6.8M
Net Receivables5.9M6.6M7.0M6.7M7.4M6.7M
Other Current Assets634K988K670K606K529K591.3K
Other Stockholder Equity11.7M12.9M9.2M4.9M5.6M9.7M
Total Current Assets19.3M15.4M11.1M10.7M11.1M12.3M
Common Stock11.5M32.8M36.8M39.9M45.9M24.6M
Property Plant Equipment8.2M6.6M11.6M11.5M13.3M8.1M
Total Assets46.1M51.3M45.1M41.8M41.3M35.1M
Total Stockholder Equity27.6M25.8M21.8M22.1M21.4M23.6M
Property Plant And Equipment Net6.6M11.6M11.5M9.1M8.2M10.1M
Cash10.9M5.9M1.5M3.2M2.9M3.4M
Non Current Assets Total26.8M36.0M34.0M31.1M30.2M34.4M
Non Currrent Assets Other305K607K743K619K524K591.3K
Long Term Debt4.9M5.0M3.7M5.4M4.9M3.9M
Common Stock Shares Outstanding41.8M46.6M50.3M56.3M56.4M51.3M
Non Current Liabilities Total8.5M11.8M9.6M10.8M4.5M7.4M
Capital Lease Obligations4.7M8M7.4M6.5M5.6M6.9M
Total Liab18.5M25.5M23.4M19.9M19.9M18.1M
Net Invested Capital35.6M34.2M28.6M27.7M27.2M23.6M
Property Plant And Equipment Gross10.6M17.7M19.8M19.3M20.5M18.0M
Short Long Term Debt3.1M3.4M3.1M195K5.8M3.2M
Capital Stock32.8M36.8M39.9M44.1M44.0M38.4M
Net Working Capital9.3M1.7M(2.8M)1.5M(4.3M)(4.0M)
Intangible Assets884K3.1M1.0M707K629K1.1M

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Additional Tools for NeuPath Stock Analysis

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.