NARI Net Tangible Assets vs Net Receivables Analysis

600406 Stock

24.61 0.39 1.56%

NARI Technology financial indicator trend analysis is infinitely more than just investigating NARI Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NARI Technology is a good investment. Please check the relationship between NARI Technology Net Tangible Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NARI Technology 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.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NARI Technology Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between NARI Technology's Net Tangible Assets and Net Receivables is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of NARI Technology Co, assuming nothing else is changed. The correlation between historical values of NARI Technology's Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of NARI Technology Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., NARI Technology's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from NARI Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NARI Technology 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 NARI Technology 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 29, 2024, Selling General Administrative is expected to decline to about 951.4 M. In addition to that, Tax Provision is expected to decline to about 743.5 M

	2021	2022	2023	2024 (projected)
Operating Income	6.9B	7.6B	8.1B	8.5B
Total Revenue	42.4B	46.8B	51.6B	54.2B

Operating Income Total Revenue

NARI Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Long Term Debt	Good Will	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.26	0.95	1.0	0.98	0.98	0.98	0.95	0.97	0.52	0.99	1.0	0.97	0.98	0.97	0.94	0.4	0.79	0.94	0.44	0.94	0.96	-0.7	0.61	0.71	-0.91
Other Current Liab	0.26		0.46	0.22	0.22	0.35	0.21	0.42	0.36	0.55	0.33	0.25	0.2	0.38	0.3	0.2	0.36	0.54	0.34	0.32	0.39	0.34	0.05	-0.03	0.31	-0.18
Total Current Liabilities	0.95	0.46		0.94	0.95	0.99	0.95	0.99	0.99	0.55	0.96	0.95	0.94	0.97	0.94	0.92	0.37	0.87	0.91	0.42	0.95	0.89	-0.59	0.56	0.65	-0.82
Total Stockholder Equity	1.0	0.22	0.94		0.99	0.97	0.98	0.94	0.96	0.5	0.98	0.99	0.98	0.97	0.97	0.95	0.38	0.77	0.94	0.43	0.94	0.95	-0.74	0.62	0.7	-0.92
Retained Earnings	0.98	0.22	0.95	0.99		0.98	0.99	0.94	0.98	0.44	0.96	0.99	0.97	0.97	0.97	0.98	0.35	0.78	0.93	0.44	0.95	0.92	-0.72	0.58	0.68	-0.92
Accounts Payable	0.98	0.35	0.99	0.97	0.98		0.97	0.97	0.99	0.51	0.97	0.98	0.96	0.98	0.97	0.96	0.41	0.84	0.93	0.45	0.96	0.92	-0.68	0.56	0.71	-0.88
Cash	0.98	0.21	0.95	0.98	0.99	0.97		0.93	0.97	0.39	0.97	0.98	0.98	0.94	0.93	0.97	0.34	0.77	0.9	0.41	0.92	0.91	-0.63	0.52	0.67	-0.9
Net Receivables	0.95	0.42	0.99	0.94	0.94	0.97	0.93		0.97	0.59	0.95	0.95	0.95	0.96	0.95	0.87	0.27	0.88	0.89	0.33	0.93	0.86	-0.62	0.65	0.57	-0.78
Inventory	0.97	0.36	0.99	0.96	0.98	0.99	0.97	0.97		0.51	0.96	0.96	0.96	0.97	0.96	0.95	0.37	0.83	0.92	0.41	0.95	0.89	-0.64	0.56	0.67	-0.86
Other Current Assets	0.52	0.55	0.55	0.5	0.44	0.51	0.39	0.59	0.51		0.54	0.47	0.45	0.56	0.61	0.33	0.36	0.6	0.56	0.29	0.57	0.53	-0.45	0.63	0.42	-0.43
Total Liab	0.99	0.33	0.96	0.98	0.96	0.97	0.97	0.95	0.96	0.54		0.99	0.96	0.97	0.95	0.92	0.42	0.8	0.92	0.45	0.93	0.95	-0.63	0.58	0.72	-0.88
Intangible Assets	1.0	0.25	0.95	0.99	0.99	0.98	0.98	0.95	0.96	0.47	0.99		0.98	0.97	0.96	0.95	0.35	0.79	0.93	0.42	0.94	0.95	-0.69	0.6	0.68	-0.9
Common Stock	0.97	0.2	0.94	0.98	0.97	0.96	0.98	0.95	0.96	0.45	0.96	0.98		0.93	0.93	0.93	0.24	0.76	0.89	0.36	0.9	0.88	-0.64	0.62	0.58	-0.86
Property Plant Equipment	0.98	0.38	0.97	0.97	0.97	0.98	0.94	0.96	0.97	0.56	0.97	0.97	0.93		0.98	0.93	0.45	0.82	0.95	0.46	0.96	0.95	-0.71	0.6	0.74	-0.88
Other Liab	0.97	0.3	0.94	0.97	0.97	0.97	0.93	0.95	0.96	0.61	0.95	0.96	0.93	0.98		0.91	0.41	0.81	0.95	0.43	0.95	0.93	-0.8	0.67	0.71	-0.89
Other Assets	0.94	0.2	0.92	0.95	0.98	0.96	0.97	0.87	0.95	0.33	0.92	0.95	0.93	0.93	0.91		0.42	0.71	0.91	0.55	0.92	0.9	-0.67	0.43	0.73	-0.94
Long Term Debt	0.4	0.36	0.37	0.38	0.35	0.41	0.34	0.27	0.37	0.36	0.42	0.35	0.24	0.45	0.41	0.42		0.3	0.43	0.7	0.39	0.55	-0.42	-0.09	0.92	-0.54
Good Will	0.79	0.54	0.87	0.77	0.78	0.84	0.77	0.88	0.83	0.6	0.8	0.79	0.76	0.82	0.81	0.71	0.3		0.77	0.3	0.82	0.73	-0.45	0.53	0.51	-0.62
Net Tangible Assets	0.94	0.34	0.91	0.94	0.93	0.93	0.9	0.89	0.92	0.56	0.92	0.93	0.89	0.95	0.95	0.91	0.43	0.77		0.45	0.99	0.95	-0.74	0.63	0.7	-0.91
Deferred Long Term Liab	0.44	0.32	0.42	0.43	0.44	0.45	0.41	0.33	0.41	0.29	0.45	0.42	0.36	0.46	0.43	0.55	0.7	0.3	0.45		0.42	0.53	-0.37	-0.04	0.72	-0.63
Total Current Assets	0.94	0.39	0.95	0.94	0.95	0.96	0.92	0.93	0.95	0.57	0.93	0.94	0.9	0.96	0.95	0.92	0.39	0.82	0.99	0.42		0.93	-0.67	0.63	0.67	-0.88
Non Current Assets Total	0.96	0.34	0.89	0.95	0.92	0.92	0.91	0.86	0.89	0.53	0.95	0.95	0.88	0.95	0.93	0.9	0.55	0.73	0.95	0.53	0.93		-0.71	0.52	0.81	-0.93
Non Currrent Assets Other	-0.7	0.05	-0.59	-0.74	-0.72	-0.68	-0.63	-0.62	-0.64	-0.45	-0.63	-0.69	-0.64	-0.71	-0.8	-0.67	-0.42	-0.45	-0.74	-0.37	-0.67	-0.71		-0.59	-0.65	0.77
Short Term Investments	0.61	-0.03	0.56	0.62	0.58	0.56	0.52	0.65	0.56	0.63	0.58	0.6	0.62	0.6	0.67	0.43	-0.09	0.53	0.63	-0.04	0.63	0.52	-0.59		0.14	-0.42
Non Current Liabilities Total	0.71	0.31	0.65	0.7	0.68	0.71	0.67	0.57	0.67	0.42	0.72	0.68	0.58	0.74	0.71	0.73	0.92	0.51	0.7	0.72	0.67	0.81	-0.65	0.14		-0.81
Other Stockholder Equity	-0.91	-0.18	-0.82	-0.92	-0.92	-0.88	-0.9	-0.78	-0.86	-0.43	-0.88	-0.9	-0.86	-0.88	-0.89	-0.94	-0.54	-0.62	-0.91	-0.63	-0.88	-0.93	0.77	-0.42	-0.81

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NARI Technology Account Relationship Matchups

NARI Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	57.4B	66.0B	72.7B	76.7B	86.1B	90.4B
Other Current Liab	5.4B	5.0B	7.2B	5.8B	633.0M	601.3M
Total Current Liabilities	24.3B	27.9B	30.5B	30.7B	35.1B	36.9B
Total Stockholder Equity	30.5B	34.1B	38.0B	42.5B	47.2B	49.6B
Retained Earnings	16.3B	19.8B	23.5B	25.9B	30.2B	31.7B
Accounts Payable	17.0B	21.3B	23.0B	22.9B	26.7B	28.0B
Cash	7.6B	12.1B	12.5B	14.7B	16.8B	17.6B
Net Receivables	21.2B	19.0B	20.1B	22.7B	26.4B	27.7B
Inventory	5.8B	7.8B	7.9B	8.3B	9.8B	10.3B
Other Current Assets	3.4B	2.9B	3.9B	1.8B	2.6B	1.5B
Total Liab	24.8B	29.6B	32.2B	31.3B	35.7B	37.5B
Intangible Assets	1.3B	1.4B	1.6B	1.8B	2.0B	2.1B
Common Stock	4.6B	4.6B	5.5B	6.7B	7.7B	8.1B
Property Plant Equipment	10.9B	11.6B	12.5B	11.7B	13.5B	14.1B
Other Liab	449.5M	444.9M	486.3M	489.3M	562.7M	590.9M
Other Assets	2.6B	5.1B	7.2B	6.8B	7.8B	8.2B
Long Term Debt	128.1M	1.2B	1.2B	27M	31.1M	29.5M
Net Tangible Assets	29.2B	32.7B	36.9B	40.6B	46.7B	28.8B
Deferred Long Term Liab	22.9M	47.8M	531.7M	52.4M	60.3M	100.3M
Total Current Assets	42.6B	47.7B	51.7B	56.2B	67.2B	47.9B
Non Current Assets Total	14.8B	18.2B	21.0B	20.5B	18.9B	16.0B
Non Currrent Assets Other	29.7M	93.5M	94.6M	121.9M	71.5M	67.9M
Short Term Investments	4.5B	1.5B	1.3B	1.7B	5.6B	3.1B
Non Current Liabilities Total	452.7M	1.6B	1.7B	610.8M	569.0M	775.1M
Other Stockholder Equity	(15.2M)	(31.9M)	(49.6M)	(45.2M)	(40.7M)	(38.7M)
Short Long Term Debt	1.4B	1.2B	87.0M	196.3M	385.5M	479.7M
Common Stock Shares Outstanding	23.1B	23.1B	27.7B	6.7B	8.0B	15.2B
Net Invested Capital	31.9B	36.5B	39.3B	42.7B	47.6B	38.8B
Net Working Capital	18.3B	19.8B	21.2B	25.5B	32.1B	23.0B
Capital Stock	4.6B	4.6B	5.5B	6.7B	8.0B	6.3B
Non Current Liabilities Other	9.2M	10.2M	2.2M	22.6M	14.0M	13.1M

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

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NARI Net Tangible Assets vs Net Receivables Analysis

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Receivables

NARI Technology fundamental ratios Correlations

NARI Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NARI Technology fundamental ratios Accounts

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Other Information on Investing in NARI Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.94	Other Assets
Other Stockholder Equity	- 0.93	Non Current Assets Total
Other Stockholder Equity	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.91	Net Tangible Assets
Other Stockholder Equity	- 0.91	Total Assets