Nuode Retained Earnings vs Total Current Assets Analysis

600110 Stock   5.14  0.38  7.98%   
Nuode Investment financial indicator trend analysis is infinitely more than just investigating Nuode Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuode Investment is a good investment. Please check the relationship between Nuode Investment Retained Earnings and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuode Investment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuode Investment Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nuode Investment's Retained Earnings and Total Current Assets is 0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Nuode Investment Co, assuming nothing else is changed. The correlation between historical values of Nuode Investment's Retained Earnings and Total Current 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 Retained Earnings of Nuode Investment Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Nuode Investment's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Nuode Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuode Investment 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 Nuode Investment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of November 26, 2024, Selling General Administrative is expected to decline to about 52.7 M. In addition to that, Tax Provision is expected to decline to about 34.8 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B957.2M475.2M686.1M
Research Development156.8M157.9M151.3M91.7M

Nuode Investment fundamental ratios Correlations

-0.260.860.970.390.830.720.880.720.690.940.020.950.890.950.940.920.34-0.450.93-0.850.37-0.50.640.810.61
-0.26-0.05-0.34-0.2-0.33-0.51-0.25-0.36-0.31-0.330.74-0.17-0.18-0.17-0.17-0.310.26-0.1-0.420.40.040.130.05-0.210.03
0.86-0.050.730.330.60.580.680.560.810.70.280.960.90.860.860.720.57-0.530.62-0.520.27-0.440.610.540.57
0.97-0.340.730.430.890.740.920.720.590.95-0.120.860.790.910.890.880.25-0.410.97-0.890.31-0.470.620.870.61
0.39-0.20.330.430.210.330.430.260.330.25-0.120.370.310.450.310.150.24-0.40.37-0.21-0.37-0.360.270.270.41
0.83-0.330.60.890.210.590.890.730.490.87-0.20.690.660.710.690.690.12-0.440.86-0.780.3-0.420.740.870.71
0.72-0.510.580.740.330.590.520.550.510.68-0.170.70.540.780.770.750.3-0.180.72-0.560.06-0.310.330.470.38
0.88-0.250.680.920.430.890.520.60.490.86-0.10.760.760.770.740.710.2-0.440.87-0.850.34-0.360.670.930.65
0.72-0.360.560.720.260.730.550.60.660.81-0.420.640.580.720.670.590.3-0.550.68-0.560.18-0.770.720.50.62
0.69-0.310.810.590.330.490.510.490.660.56-0.160.780.780.710.660.540.45-0.690.52-0.380.1-0.530.520.330.48
0.94-0.330.70.950.250.870.680.860.810.56-0.170.830.730.880.90.890.28-0.320.91-0.890.44-0.480.620.820.54
0.020.740.28-0.12-0.12-0.2-0.17-0.1-0.42-0.16-0.170.180.10.050.110.060.240.08-0.160.170.130.190.0-0.070.01
0.95-0.170.960.860.370.690.70.760.640.780.830.180.920.940.940.870.47-0.470.79-0.690.33-0.470.610.660.58
0.89-0.180.90.790.310.660.540.760.580.780.730.10.920.810.790.780.31-0.530.76-0.690.32-0.520.60.650.55
0.95-0.170.860.910.450.710.780.770.720.710.880.050.940.810.980.860.54-0.440.82-0.720.23-0.50.560.670.55
0.94-0.170.860.890.310.690.770.740.670.660.90.110.940.790.980.920.51-0.310.81-0.750.37-0.40.50.680.46
0.92-0.310.720.880.150.690.750.710.590.540.890.060.870.780.860.920.2-0.130.89-0.880.51-0.340.390.710.34
0.340.260.570.250.240.120.30.20.30.450.280.240.470.310.540.510.2-0.320.040.00.1-0.070.260.180.33
-0.45-0.1-0.53-0.41-0.4-0.44-0.18-0.44-0.55-0.69-0.320.08-0.47-0.53-0.44-0.31-0.13-0.32-0.330.120.070.66-0.8-0.3-0.79
0.93-0.420.620.970.370.860.720.870.680.520.91-0.160.790.760.820.810.890.04-0.33-0.930.34-0.470.570.850.55
-0.850.4-0.52-0.89-0.21-0.78-0.56-0.85-0.56-0.38-0.890.17-0.69-0.69-0.72-0.75-0.880.00.12-0.93-0.540.28-0.38-0.87-0.32
0.370.040.270.31-0.370.30.060.340.180.10.440.130.330.320.230.370.510.10.070.34-0.540.160.220.530.12
-0.50.13-0.44-0.47-0.36-0.42-0.31-0.36-0.77-0.53-0.480.19-0.47-0.52-0.5-0.4-0.34-0.070.66-0.470.280.16-0.66-0.17-0.55
0.640.050.610.620.270.740.330.670.720.520.620.00.610.60.560.50.390.26-0.80.57-0.380.22-0.660.590.95
0.81-0.210.540.870.270.870.470.930.50.330.82-0.070.660.650.670.680.710.18-0.30.85-0.870.53-0.170.590.61
0.610.030.570.610.410.710.380.650.620.480.540.010.580.550.550.460.340.33-0.790.55-0.320.12-0.550.950.61
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Nuode Investment Account Relationship Matchups

Nuode Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B8.0B8.7B14.0B15.2B16.0B
Other Current Liab822.9M202.6M57.3M194.7M47.8M45.4M
Total Current Liabilities3.8B3.2B3.7B4.2B4.7B4.9B
Total Stockholder Equity2.0B3.4B3.8B6.3B6.1B6.4B
Other Liab56.6M593.6M187.6M211.5M243.2M255.3M
Retained Earnings163.3M168.7M573.8M821.9M544.1M571.3M
Accounts Payable258.3M773.2M1.2B613.5M1.3B1.4B
Cash1.2B2.2B1.8B5.0B3.0B3.1B
Other Assets102.7M387.3M660.9M866.7M996.7M1.0B
Net Receivables810.2M1.2B1.5B1.3B1.8B1.9B
Inventory273.9M385.4M479.9M1.0B946.8M994.2M
Other Current Assets1.7B278.3M264.5M161.1M344.9M409.2M
Total Liab4.7B4.6B4.9B6.2B7.6B8.0B
Intangible Assets306.7M269.2M295.3M481.5M548.9M576.3M
Property Plant Equipment2.5B2.5B2.7B3.8B4.4B4.6B
Long Term Debt628M439.5M834.1M1.5B2.3B2.4B
Net Tangible Assets1.7B3.1B3.6B5.8B6.7B7.0B
Other Stockholder Equity5.3M(4.6M)(6.8M)(78.6M)(70.8M)(67.2M)
Deferred Long Term Liab40.4M7.8M10.8M53.9M61.9M32.6M
Short Long Term Debt2.5B1.8B2.1B2.7B2.5B2.2B
Total Current Assets4.0B4.2B4.4B8.0B6.8B4.8B
Non Current Assets Total3.1B3.8B4.3B6.0B8.5B4.9B
Non Currrent Assets Other16.7M336.5M591.3M676.5M293.7M327.2M
Non Current Liabilities Total900.2M1.5B1.2B2.0B2.9B1.5B
Net Debt2.2B1.9B1.1B1.8B1.6B1.4B
Net Invested Capital5.1B5.6B6.7B10.5B10.9B7.7B
Net Working Capital208.9M1.1B683.2M3.8B2.1B1.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Nuode Stock

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