NUS Total Current Liabilities vs Intangible Assets Analysis

NUS Stock  USD 6.55  0.10  1.55%   
Nu Skin financial indicator trend analysis is infinitely more than just investigating Nu Skin Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Skin Enterprises is a good investment. Please check the relationship between Nu Skin Total Current Liabilities and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Skin Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nu Skin Enterprises Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nu Skin's Total Current Liabilities and Intangible Assets is -0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Nu Skin Enterprises, assuming nothing else is changed. The correlation between historical values of Nu Skin's Total Current Liabilities and Intangible 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 Total Current Liabilities of Nu Skin Enterprises are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Nu Skin's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Nu Skin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nu Skin Enterprises are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Nu Skin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Skin Enterprises 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 Nu Skin Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Nu Skin's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.37 in 2024, despite the fact that Tax Provision is likely to grow to (16.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.6B1.4B1.4B
Total Revenue2.7B2.2B2.0B1.8B

Nu Skin fundamental ratios Correlations

0.70.770.960.940.220.960.760.720.950.510.730.62-0.870.610.930.32-0.760.970.910.560.050.570.560.07-0.19
0.70.980.660.53-0.370.50.860.880.450.30.890.5-0.380.080.710.53-0.260.690.910.050.240.210.03-0.2-0.18
0.770.980.730.62-0.290.60.890.910.550.320.910.52-0.490.170.780.47-0.370.770.950.150.310.270.11-0.18-0.2
0.960.660.730.890.150.910.660.640.90.560.650.54-0.80.510.910.49-0.640.870.890.44-0.010.50.460.0-0.25
0.940.530.620.890.360.960.570.550.960.410.550.48-0.830.650.890.08-0.80.920.760.630.120.580.640.03-0.24
0.22-0.37-0.290.150.360.38-0.18-0.340.47-0.02-0.340.43-0.590.850.18-0.41-0.720.26-0.140.88-0.160.750.710.660.14
0.960.50.60.910.960.380.610.570.990.530.570.5-0.910.690.880.15-0.850.940.770.650.030.570.640.11-0.25
0.760.860.890.660.57-0.180.610.880.580.20.880.62-0.560.30.660.34-0.440.790.880.250.00.280.27-0.08-0.02
0.720.880.910.640.55-0.340.570.880.510.491.00.45-0.490.190.60.36-0.370.740.890.130.140.210.03-0.24-0.21
0.950.450.550.90.960.470.990.580.510.470.510.59-0.920.760.850.12-0.860.930.730.71-0.050.650.730.21-0.13
0.510.30.320.560.41-0.020.530.20.490.470.480.14-0.50.290.40.46-0.390.430.470.18-0.170.23-0.06-0.07-0.49
0.730.890.910.650.55-0.340.570.881.00.510.480.46-0.490.190.610.37-0.360.740.890.130.130.210.03-0.24-0.2
0.620.50.520.540.480.430.50.620.450.590.140.46-0.670.710.480.18-0.610.640.560.68-0.240.830.540.580.34
-0.87-0.38-0.49-0.8-0.83-0.59-0.91-0.56-0.49-0.92-0.5-0.49-0.67-0.88-0.75-0.090.95-0.87-0.66-0.830.08-0.76-0.65-0.340.18
0.610.080.170.510.650.850.690.30.190.760.290.190.71-0.880.49-0.21-0.940.660.330.98-0.190.880.750.540.03
0.930.710.780.910.890.180.880.660.60.850.40.610.48-0.750.490.38-0.680.880.880.470.270.460.5-0.03-0.3
0.320.530.470.490.08-0.410.150.340.360.120.460.370.18-0.09-0.210.380.150.150.52-0.29-0.11-0.02-0.33-0.08-0.24
-0.76-0.26-0.37-0.64-0.8-0.72-0.85-0.44-0.37-0.86-0.39-0.36-0.610.95-0.94-0.680.15-0.81-0.51-0.93-0.02-0.79-0.7-0.360.18
0.970.690.770.870.920.260.940.790.740.930.430.740.64-0.870.660.880.15-0.810.870.630.090.590.610.12-0.12
0.910.910.950.890.76-0.140.770.880.890.730.470.890.56-0.660.330.880.52-0.510.870.280.160.370.25-0.12-0.23
0.560.050.150.440.630.880.650.250.130.710.180.130.68-0.830.980.47-0.29-0.930.630.28-0.060.890.760.570.06
0.050.240.31-0.010.12-0.160.030.00.14-0.05-0.170.13-0.240.08-0.190.27-0.11-0.020.090.16-0.06-0.08-0.14-0.2-0.18
0.570.210.270.50.580.750.570.280.210.650.230.210.83-0.760.880.46-0.02-0.790.590.370.89-0.080.570.70.15
0.560.030.110.460.640.710.640.270.030.73-0.060.030.54-0.650.750.5-0.33-0.70.610.250.76-0.140.570.410.34
0.07-0.2-0.180.00.030.660.11-0.08-0.240.21-0.07-0.240.58-0.340.54-0.03-0.08-0.360.12-0.120.57-0.20.70.410.55
-0.19-0.18-0.2-0.25-0.240.14-0.25-0.02-0.21-0.13-0.49-0.20.340.180.03-0.3-0.240.18-0.12-0.230.06-0.180.150.340.55
Click cells to compare fundamentals

Nu Skin Account Relationship Matchups

Nu Skin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.0B1.9B1.8B1.8B1.2B
Other Current Liab270.1M366.6M339.1M253.2M216.1M214.0M
Total Current Liabilities356.8M542.9M529.7M359.2M328.9M305.0M
Total Stockholder Equity875.3M894.3M912.8M897.3M822.0M572.2M
Property Plant And Equipment Net597.9M653.5M574.6M543.5M523.1M263.7M
Net Debt132.0M97.7M125.4M214.3M351.3M368.8M
Retained Earnings1.7B1.8B1.9B1.9B1.9B1.0B
Accounts Payable39.0M66.2M50.0M54.0M43.5M34.4M
Cash335.6M402.7M339.6M264.7M256.1M248.8M
Non Current Assets Total1.0B1.1B1.0B1.1B1.1B607.7M
Non Currrent Assets Other154.0M50.6M113.1M115.2M110.0M104.5M
Cash And Short Term Investments344.0M423.9M354.8M278.5M267.8M256.4M
Net Receivables50.4M63.4M41.3M47.4M72.9M76.5M
Common Stock Shares Outstanding55.9M52.8M51.4M50.5M49.9M54.3M
Liabilities And Stockholders Equity1.8B2.0B1.9B1.8B1.8B1.2B
Non Current Liabilities Total537.0M519.9M464.0M564.4M655.6M688.4M
Inventory275.9M314.4M399.9M346.2M280.0M187.9M
Other Current Assets69.9M14.7M76.9M87.8M71.0M65.8M
Other Stockholder Equity(767.3M)(881.8M)(925.2M)(955.8M)(948.6M)(901.2M)
Total Liab893.7M1.1B993.7M923.7M984.5M586.6M
Total Current Assets740.2M903.2M873.0M759.9M691.6M551.1M
Short Long Term Debt Total467.7M500.4M465.0M479.0M607.3M637.7M
Short Term Debt27.5M75.0M107.5M25M48.9M51.8M
Property Plant And Equipment Gross597.9M653.5M453.7M444.8M897.6M942.5M
Accumulated Other Comprehensive Income(85.3M)(64.8M)(73.9M)(86.5M)(100.0M)(105.0M)
Intangible Assets80.3M89.5M77.0M66.7M105.3M84.0M
Other Liab96.8M102.3M106.5M98.3M113.0M72.4M
Other Assets154.0M293.2M175.5M244.4M281.1M152.1M
Long Term Debt334.5M305.4M268.8M377.5M478.0M501.9M
Property Plant Equipment453.6M468.2M453.7M444.8M511.5M275.1M
Current Deferred Revenue20.2M35.1M33.1M27.1M20.4M17.9M
Short Term Investments8.4M21.2M15.2M13.8M11.8M13.7M
Treasury Stock(1.3B)(1.3B)(1.5B)(1.5B)(1.4B)(1.3B)
Net Tangible Assets875.3M894.3M912.8M897.3M1.0B829.4M
Retained Earnings Total Equity1.7B1.8B1.9B1.9B2.2B1.6B
Long Term Debt Total334.5M313.1M274.1M389.6M448.0M321.7M
Capital Surpluse557.5M579.8M601.7M613.3M705.3M500.0M
Non Current Liabilities Other105.7M112.3M88.8M76.5M9.0M8.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for NUS Stock Analysis

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