21st Non Current Liabilities Total vs Net Debt Analysis

21STCENMGM   95.50  1.95  2.00%   
21st Century financial indicator trend analysis is way more than just evaluating 21st Century Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 21st Century Management is a good investment. Please check the relationship between 21st Century Non Current Liabilities Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 21st Century Management Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 21st Century's Non Current Liabilities Total and Net Debt is 0.1. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of 21st Century Management, assuming nothing else is changed. The correlation between historical values of 21st Century's Non Current Liabilities Total and Net Debt 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 Current Liabilities Total of 21st Century Management are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., 21st Century's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from 21st Century's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 21st Century Management 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 29th of November 2024, Selling General Administrative is likely to drop to about 2.5 M. In addition to that, Tax Provision is likely to drop to about 6.2 M
 2021 2022 2023 2024 (projected)
Tax Provision896K1.3M7.5M6.2M
Cost Of Revenue2.3B81.3M47.3M44.9M

21st Century fundamental ratios Correlations

0.390.360.780.880.670.20.690.40.210.460.830.560.610.040.660.26-0.130.210.040.80.70.250.370.670.11
0.39-0.320.480.180.340.64-0.03-0.140.070.090.480.390.020.410.590.220.25-0.010.590.490.35-0.050.83-0.18-0.16
0.36-0.320.160.45-0.21-0.320.68-0.170.120.430.040.010.08-0.15-0.25-0.39-0.550.56-0.550.140.04-0.36-0.330.590.09
0.780.480.160.440.780.410.280.50.210.290.790.660.52-0.240.810.29-0.170.120.00.970.60.280.370.630.4
0.880.180.450.440.46-0.080.80.230.220.410.590.380.550.180.40.16-0.180.270.020.450.610.20.140.560.01
0.670.34-0.210.780.460.20.130.660.320.020.720.620.78-0.20.870.59-0.10.040.150.750.710.710.240.540.32
0.20.64-0.320.41-0.080.20.0-0.07-0.590.370.490.13-0.27-0.010.510.10.57-0.450.170.48-0.08-0.010.71-0.170.13
0.69-0.030.680.280.80.130.0-0.03-0.090.720.340.040.190.090.090.06-0.210.17-0.350.290.160.010.00.52-0.07
0.4-0.14-0.170.50.230.66-0.07-0.030.150.060.450.230.55-0.340.470.340.07-0.16-0.050.520.380.65-0.060.490.35
0.210.070.120.210.220.32-0.59-0.090.15-0.320.060.420.48-0.120.130.17-0.70.60.040.130.480.15-0.070.220.09
0.460.090.430.290.410.020.370.720.06-0.320.31-0.29-0.24-0.20.090.10.05-0.02-0.520.35-0.310.050.250.180.12
0.830.480.040.790.590.720.490.340.450.060.310.630.54-0.180.810.260.060.020.110.870.630.270.630.510.33
0.560.390.010.660.380.620.130.040.230.42-0.290.630.55-0.010.690.12-0.240.080.410.610.840.00.260.440.23
0.610.020.080.520.550.78-0.270.190.550.48-0.240.540.55-0.060.550.29-0.280.360.110.480.840.56-0.070.70.12
0.040.41-0.15-0.240.18-0.2-0.010.09-0.34-0.12-0.2-0.18-0.01-0.06-0.06-0.070.37-0.060.75-0.270.21-0.30.15-0.3-0.82
0.660.59-0.250.810.40.870.510.090.470.130.090.810.690.55-0.060.310.160.00.320.780.640.470.450.330.24
0.260.22-0.390.290.160.590.10.060.340.170.10.260.120.29-0.070.31-0.18-0.320.070.310.190.510.260.090.14
-0.130.25-0.55-0.17-0.18-0.10.57-0.210.07-0.70.050.06-0.24-0.280.370.16-0.18-0.560.41-0.1-0.180.10.3-0.46-0.35
0.21-0.010.560.120.270.04-0.450.17-0.160.6-0.020.020.080.36-0.060.0-0.32-0.56-0.180.050.24-0.08-0.180.28-0.03
0.040.59-0.550.00.020.150.17-0.35-0.050.04-0.520.110.410.110.750.320.070.41-0.18-0.010.46-0.150.37-0.33-0.47
0.80.490.140.970.450.750.480.290.520.130.350.870.610.48-0.270.780.31-0.10.05-0.010.570.250.50.620.42
0.70.350.040.60.610.71-0.080.160.380.48-0.310.630.840.840.210.640.19-0.180.240.460.570.220.190.570.01
0.25-0.05-0.360.280.20.71-0.010.010.650.150.050.270.00.56-0.30.470.510.1-0.08-0.150.250.22-0.080.260.23
0.370.83-0.330.370.140.240.710.0-0.06-0.070.250.630.26-0.070.150.450.260.3-0.180.370.50.19-0.08-0.20.0
0.67-0.180.590.630.560.54-0.170.520.490.220.180.510.440.7-0.30.330.09-0.460.28-0.330.620.570.26-0.20.34
0.11-0.160.090.40.010.320.13-0.070.350.090.120.330.230.12-0.820.240.14-0.35-0.03-0.470.420.010.230.00.34
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21st Century Account Relationship Matchups

21st Century fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets283.9M254.2M332.3M377.6M555.7M507.2M
Short Long Term Debt Total80M2.3M10M100M136.9M74.2M
Other Current Liab19.9M18.6M16.2M14.5M21.4M34.9M
Total Current Liabilities99.9M18.6M26.2M169.3M21.4M20.3M
Total Stockholder Equity183.0M234.5M304.8M207.0M532.7M366.8M
Property Plant And Equipment Net3.4M2.5M1.7M1.4M1.2M1.1M
Net Debt(28.7M)(6.7M)6.1M93.8M(37.6M)(35.8M)
Retained Earnings(344.8M)(294.8M)(148.3M)(328.9M)(7.2M)(7.5M)
Cash108.7M9.0M3.9M6.2M39.9M51.5M
Non Current Assets Total18.5M51.9M273.6M262.5M119.9M186.8M
Non Currrent Assets Other5.8M3.5M4.0M3.7M3.9M3.7M
Cash And Short Term Investments108.7M9.0M54.0M6.2M39.9M37.9M
Net Receivables152.8M189.2M321K50K171.6M175.0M
Liabilities And Stockholders Equity283.9M254.2M332.3M377.6M555.7M507.2M
Non Current Liabilities Total944K1.1M1.2M1.4M1.6M1.5M
Inventory(152.8M)3.7M50.1M107.7M87.5M91.8M
Other Current Assets156.7M193.3M388K1.2M137.0M163.9M
Total Liab100.8M19.7M27.4M170.7M23.0M21.8M
Total Current Assets265.4M202.3M58.6M115.1M435.9M320.5M
Accumulated Other Comprehensive Income85.8M87.4M11.1M93.9M97.8M138.8M
Net Tangible Assets494.9M177.0M228.5M298.8M268.9M288.2M
Other Assets8.4M6.0M6.5M(92K)(82.8K)(78.7K)
Net Invested Capital263.0M234.5M314.8M307.0M532.7M317.9M
Net Working Capital165.5M183.7M32.4M(54.2M)414.5M435.2M
Property Plant Equipment3.1M3.4M2.5M1.7M1.5M2.4M

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Other Information on Investing in 21st Stock

Balance Sheet is a snapshot of the financial position of 21st Century Management at a specified time, usually calculated after every quarter, six months, or one year. 21st Century Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 21st Century 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 21st currently owns. An asset can also be divided into two categories, current and non-current.