NIP Total Current Liabilities from 2010 to 2024

NIPG Stock   6.49  0.11  1.72%   
NIP Group's Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is predicted to flatten to about 26.7 M. Total Current Liabilities is the total amount of liabilities that NIP Group American is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
28.8 M
Current Value
26.7 M
Quarterly Volatility
10.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NIP Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NIP Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 M, Interest Expense of 462.3 K or Selling General Administrative of 8.5 M, as well as many indicators such as Price To Sales Ratio of 5.74, Dividend Yield of 0.0 or PTB Ratio of 1.94. NIP financial statements analysis is a perfect complement when working with NIP Group Valuation or Volatility modules.
  
Check out the analysis of NIP Group Correlation against competitors.

Latest NIP Group's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of NIP Group American over the last few years. Total Current Liabilities is an item on NIP Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NIP Group American are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. NIP Group's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NIP Group's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

NIP Total Current Liabilities Regression Statistics

Arithmetic Mean12,638,814
Geometric Mean9,776,514
Coefficient Of Variation83.16
Mean Deviation8,910,747
Median6,563,305
Standard Deviation10,510,327
Sample Variance110.5T
Range26.8M
R-Value0.75
Mean Square Error52.6T
R-Squared0.56
Significance0
Slope1,755,093
Total Sum of Squares1546.5T

NIP Total Current Liabilities History

202426.7 M
202328.8 M
202228.5 M
202133.4 M

About NIP Group Financial Statements

NIP Group stakeholders use historical fundamental indicators, such as NIP Group's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although NIP Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in NIP Group's assets and liabilities are reflected in the revenues and expenses on NIP Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NIP Group American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities28.8 M26.7 M

Currently Active Assets on Macroaxis

When determining whether NIP Group American is a strong investment it is important to analyze NIP Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NIP Group's future performance. For an informed investment choice regarding NIP Stock, refer to the following important reports:
Check out the analysis of NIP Group Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Hotels, Restaurants & Leisure 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 NIP Group. If investors know NIP 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 NIP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NIP Group American is measured differently than its book value, which is the value of NIP that is recorded on the company's balance sheet. Investors also form their own opinion of NIP Group's value that differs from its market value or its book value, called intrinsic value, which is NIP Group'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 NIP Group's market value can be influenced by many factors that don't directly affect NIP Group'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 NIP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIP Group'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.