Namchow Intangible Assets vs Total Liab Analysis

605339 Stock   17.03  0.03  0.18%   
Namchow Food financial indicator trend analysis is infinitely more than just investigating Namchow Food Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Namchow Food Group is a good investment. Please check the relationship between Namchow Food Intangible Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Namchow Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Intangible Assets vs Total Liab

Intangible Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Namchow Food Group Intangible Assets account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Namchow Food's Intangible Assets and Total Liab is -0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Namchow Food Group, assuming nothing else is changed. The correlation between historical values of Namchow Food's Intangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Namchow Food Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Intangible Assets i.e., Namchow Food's Intangible Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Namchow Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Namchow Food Group 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 Namchow Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 368.5 M. The current year's Tax Provision is expected to grow to about 50.8 M
 2021 2022 2023 2024 (projected)
Interest Expense19.0M14.2M9.0M15.8M
Depreciation And Amortization132.0M126.7M145.7M97.1M

Namchow Food fundamental ratios Correlations

-0.76-0.05-0.420.990.75-0.960.950.940.910.810.50.880.940.00.97-0.850.83-0.350.95-0.630.720.820.910.650.95
-0.76-0.060.71-0.77-0.940.66-0.84-0.81-0.46-0.91-0.46-0.57-0.76-0.16-0.840.67-0.530.49-0.580.9-0.41-0.91-0.67-0.54-0.68
-0.05-0.060.5-0.110.220.23-0.090.16-0.130.0-0.72-0.44-0.360.570.120.19-0.470.75-0.07-0.29-0.530.17-0.1-0.61-0.25
-0.420.710.5-0.47-0.520.45-0.49-0.3-0.19-0.62-0.73-0.5-0.64-0.03-0.420.33-0.570.8-0.260.61-0.53-0.46-0.42-0.67-0.52
0.99-0.77-0.11-0.470.74-0.950.960.920.90.810.50.870.94-0.070.96-0.860.82-0.430.95-0.610.710.820.890.670.95
0.75-0.940.22-0.520.74-0.610.810.860.430.950.390.520.70.270.86-0.680.44-0.260.55-0.890.370.980.590.490.62
-0.960.660.230.45-0.95-0.61-0.89-0.87-0.94-0.68-0.58-0.96-0.950.13-0.890.86-0.930.45-0.970.49-0.77-0.68-0.96-0.68-0.98
0.95-0.84-0.09-0.490.960.81-0.890.940.810.850.480.80.9-0.170.93-0.920.71-0.50.86-0.620.580.880.810.630.86
0.94-0.810.16-0.30.920.86-0.870.940.80.830.340.750.830.020.97-0.880.65-0.230.86-0.680.510.910.850.50.83
0.91-0.46-0.13-0.190.90.43-0.940.810.80.50.360.870.83-0.20.82-0.780.83-0.280.99-0.290.680.540.90.510.91
0.81-0.910.0-0.620.810.95-0.680.850.830.50.580.630.810.220.86-0.710.57-0.380.6-0.850.580.960.610.710.71
0.5-0.46-0.72-0.730.50.39-0.580.480.340.360.580.760.75-0.060.41-0.50.77-0.630.38-0.360.840.390.490.950.64
0.88-0.57-0.44-0.50.870.52-0.960.80.750.870.630.760.95-0.170.78-0.820.97-0.510.88-0.40.870.580.90.80.96
0.94-0.76-0.36-0.640.940.7-0.950.90.830.830.810.750.95-0.10.88-0.830.92-0.580.87-0.590.850.760.880.840.96
0.0-0.160.57-0.03-0.070.270.13-0.170.02-0.20.22-0.06-0.17-0.10.140.35-0.070.57-0.11-0.580.050.17-0.01-0.06-0.02
0.97-0.840.12-0.420.960.86-0.890.930.970.820.860.410.780.880.14-0.810.73-0.260.89-0.750.60.90.870.550.89
-0.850.670.190.33-0.86-0.680.86-0.92-0.88-0.78-0.71-0.5-0.82-0.830.35-0.81-0.680.48-0.810.4-0.52-0.75-0.77-0.6-0.78
0.83-0.53-0.47-0.570.820.44-0.930.710.650.830.570.770.970.92-0.070.73-0.68-0.510.84-0.420.90.480.890.790.95
-0.350.490.750.8-0.43-0.260.45-0.5-0.23-0.28-0.38-0.63-0.51-0.580.57-0.260.48-0.51-0.280.16-0.41-0.28-0.35-0.59-0.43
0.95-0.58-0.07-0.260.950.55-0.970.860.860.990.60.380.880.87-0.110.89-0.810.84-0.28-0.430.680.640.940.530.94
-0.630.9-0.290.61-0.61-0.890.49-0.62-0.68-0.29-0.85-0.36-0.4-0.59-0.58-0.750.4-0.420.16-0.43-0.37-0.82-0.55-0.43-0.56
0.72-0.41-0.53-0.530.710.37-0.770.580.510.680.580.840.870.850.050.6-0.520.9-0.410.68-0.370.430.70.90.83
0.82-0.910.17-0.460.820.98-0.680.880.910.540.960.390.580.760.170.9-0.750.48-0.280.64-0.820.430.630.530.67
0.91-0.67-0.1-0.420.890.59-0.960.810.850.90.610.490.90.88-0.010.87-0.770.89-0.350.94-0.550.70.630.550.95
0.65-0.54-0.61-0.670.670.49-0.680.630.50.510.710.950.80.84-0.060.55-0.60.79-0.590.53-0.430.90.530.550.73
0.95-0.68-0.25-0.520.950.62-0.980.860.830.910.710.640.960.96-0.020.89-0.780.95-0.430.94-0.560.830.670.950.73
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Namchow Food Account Relationship Matchups

Namchow Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.9B4.1B4.2B4.1B3.3B
Short Long Term Debt Total442.2M469.2M372.8M424.6M382.2M378.1M
Other Current Liab213.7M294.3M313.5M268.6M4.1M3.8M
Total Current Liabilities791.1M933.5M835.7M832.6M682.1M657.6M
Total Stockholder Equity1.8B1.9B3.2B3.3B3.3B2.3B
Property Plant And Equipment Net1.1B1.1B1.2B1.2B1.2B1.2B
Net Debt(370.2M)(609.4M)(1.7B)(1.7B)(1.5B)(1.4B)
Retained Earnings1.1B1.2B1.4B1.4B1.5B1.1B
Accounts Payable135.2M170.0M220.6M203.8M176.1M161.6M
Cash812.5M1.1B2.0B2.1B1.7B1.3B
Non Current Assets Total1.2B1.2B1.3B1.3B1.7B1.3B
Non Currrent Assets Other53.8M35.3M46.9M53.4M388.3M407.8M
Cash And Short Term Investments863.2M1.1B2.0B2.1B2.4B2.5B
Common Stock Shares Outstanding360.3M359.4M361.4M400.4M426.1M408.4M
Liabilities And Stockholders Equity2.6B2.9B4.1B4.2B4.8B3.1B
Non Current Liabilities Total11.1M13.1M83.6M76.2M65.0M70.5M
Inventory325.7M351.0M555.9M570.1M497.5M418.1M
Other Current Assets37.6M22.6M6.0M12.9M11.0M10.4M
Other Stockholder Equity386.7M433.3M1.4B1.4B1.6B1.7B
Total Liab802.2M946.6M919.3M908.9M747.1M728.1M
Total Current Assets1.4B1.7B2.8B2.9B2.4B2.0B
Short Term Debt442.2M469.2M301.6M360.2M324.2M313.9M
Intangible Assets52.2M53.1M59.9M58.3M67.1M62.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Namchow Stock

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