Numinus Other Current Assets vs Non Current Assets Total Analysis
| NUMI Stock | | | 0.05 0.00 0.00% |
Numinus Wellness financial indicator trend analysis is infinitely more than just investigating Numinus Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Numinus Wellness is a good investment. Please check the relationship between Numinus Wellness Other Current Assets and its Non Current Assets Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Numinus Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Other Current Assets vs Non Current Assets Total
Other Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Numinus Wellness Other Current Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Numinus Wellness' Other Current Assets and Non Current Assets Total is 0.57. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Numinus Wellness, assuming nothing else is changed. The correlation between historical values of Numinus Wellness' Other Current Assets and Non Current Assets Total 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 Numinus Wellness are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Numinus Wellness' Other Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.57 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Numinus Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Numinus Wellness 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 Numinus Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
As of the 20th of August 2025,
Issuance Of Capital Stock is likely to grow to about 9.3
M, while
Selling General Administrative is likely to drop about 11.5
M.
Numinus Wellness fundamental ratios Correlations
Click cells to compare fundamentals
Numinus Wellness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Numinus Wellness fundamental ratios Accounts
Other Information on Investing in Numinus Stock
Balance Sheet is a snapshot of the
financial position of Numinus Wellness at a specified time, usually calculated after every quarter, six months, or one year. Numinus Wellness Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Numinus Wellness and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Numinus currently owns. An asset can also be divided into two categories, current and non-current.