National Good Will vs Other Liab Analysis

688126 Stock   21.38  1.66  7.20%   
National Silicon financial indicator trend analysis is infinitely more than just investigating National Silicon Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Silicon Industry is a good investment. Please check the relationship between National Silicon Good Will and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in National Silicon Industry. 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.

Good Will vs Other Liab

Good Will vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Silicon Industry Good Will account and Other Liab. At this time, the significance of the direction appears to have totally related.
The correlation between National Silicon's Good Will and Other Liab is 0.99. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Liab in the same time period over historical financial statements of National Silicon Industry, assuming nothing else is changed. The correlation between historical values of National Silicon's Good Will and Other 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 Good Will of National Silicon Industry are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Good Will i.e., National Silicon's Good Will and Other Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Liab

Most indicators from National Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Silicon Industry 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 National Silicon Industry. 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 Tax Provision is expected to grow to about 23.9 M, whereas Selling General Administrative is forecasted to decline to about 151.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit393.6M818.1M525.1M359.0M
Total Revenue2.5B3.6B3.2B2.0B

National Silicon fundamental ratios Correlations

0.530.860.990.810.940.840.980.860.850.960.840.960.860.840.960.760.880.430.950.840.910.90.850.950.85
0.530.350.590.060.580.280.520.220.180.650.580.460.20.150.430.130.340.670.450.550.370.390.220.560.59
0.860.350.830.760.950.680.890.810.730.890.880.860.810.820.940.80.730.30.810.90.750.80.780.730.71
0.990.590.830.780.940.80.990.820.850.960.870.970.850.830.950.760.860.530.950.870.910.910.810.970.9
0.810.060.760.780.760.910.810.960.970.750.70.80.980.980.820.90.930.160.780.70.940.90.950.810.65
0.940.580.950.940.760.750.960.830.790.980.940.930.830.830.970.790.810.450.890.940.850.890.810.870.85
0.840.280.680.80.910.750.760.960.870.790.620.730.890.860.740.720.990.120.760.590.920.850.970.830.56
0.980.520.890.990.810.960.760.820.860.950.90.990.870.860.990.810.830.510.950.910.90.920.810.950.92
0.860.220.810.820.960.830.960.820.910.830.730.790.950.940.830.840.970.120.790.710.930.90.990.810.62
0.850.180.730.850.970.790.870.860.910.780.750.870.980.980.850.90.910.310.830.750.970.950.920.890.79
0.960.650.890.960.750.980.790.950.830.780.90.910.810.810.940.720.840.450.870.890.860.890.820.90.83
0.840.580.880.870.70.940.620.90.730.750.90.890.80.780.920.850.70.620.870.990.80.850.70.830.9
0.960.460.860.970.80.930.730.990.790.870.910.890.870.860.980.830.80.520.960.90.90.920.780.940.94
0.860.20.810.850.980.830.890.870.950.980.810.80.870.990.880.940.930.290.850.80.970.950.950.870.77
0.840.150.820.830.980.830.860.860.940.980.810.780.860.990.880.920.90.240.80.780.950.950.930.840.75
0.960.430.940.950.820.970.740.990.830.850.940.920.980.880.880.850.80.450.930.930.870.910.810.890.88
0.760.130.80.760.90.790.720.810.840.90.720.850.830.940.920.850.780.40.830.850.860.860.80.770.76
0.880.340.730.860.930.810.990.830.970.910.840.70.80.930.90.80.780.230.810.680.960.90.980.880.66
0.430.670.30.530.160.450.120.510.120.310.450.620.520.290.240.450.40.230.510.640.390.360.090.590.72
0.950.450.810.950.780.890.760.950.790.830.870.870.960.850.80.930.830.810.510.860.880.870.780.920.88
0.840.550.90.870.70.940.590.910.710.750.890.990.90.80.780.930.850.680.640.860.790.840.680.830.91
0.910.370.750.910.940.850.920.90.930.970.860.80.90.970.950.870.860.960.390.880.790.970.940.950.82
0.90.390.80.910.90.890.850.920.90.950.890.850.920.950.950.910.860.90.360.870.840.970.910.920.87
0.850.220.780.810.950.810.970.810.990.920.820.70.780.950.930.810.80.980.090.780.680.940.910.820.61
0.950.560.730.970.810.870.830.950.810.890.90.830.940.870.840.890.770.880.590.920.830.950.920.820.91
0.850.590.710.90.650.850.560.920.620.790.830.90.940.770.750.880.760.660.720.880.910.820.870.610.91
Click cells to compare fundamentals

National Silicon Account Relationship Matchups

National Silicon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B14.5B16.3B25.5B29.0B15.4B
Other Current Liab271.0M561.3M445.1M886.7M27.0M25.7M
Total Current Liabilities2.2B1.4B1.4B1.9B2.9B1.7B
Total Stockholder Equity5.1B9.4B10.4B14.3B15.1B8.7B
Retained Earnings174.6M261.6M407.7M732.8M1.7B1.8B
Accounts Payable237.4M203.5M234.1M313.1M320.7M218.1M
Cash710.6M1.3B883.9M7.6B7.3B7.7B
Non Current Assets Total8.3B11.2B13.6B14.7B18.5B11.0B
Non Currrent Assets Other301.2M159.8M203.9M668.6M826.9M868.2M
Long Term Debt761.3M1.6B2.5B2.3B4.0B4.2B
Net Receivables363.8M346.9M427.5M686.1M568.4M393.5M
Good Will1.1B1.1B1.1B1.1B1.1B1.1B
Non Current Liabilities Total2.5B3.6B4.3B4.0B5.6B3.4B
Inventory440.1M555.2M677.9M823.1M1.4B1.5B
Other Current Assets143.5M147.8M272.7M254.6M493.5M518.1M
Total Liab4.8B5.0B5.8B5.9B8.5B5.1B
Short Long Term Debt638.5M745.0M558.7M391.2M1.1B1.2B
Total Current Assets1.7B3.3B2.7B10.7B10.5B11.0B
Non Current Liabilities Other423.4K35.3M15.6M10.3M3.8M3.6M
Intangible Assets268.2M369.2M326.4M408.5M566.0M317.5M
Other Liab1.7B1.9B1.7B1.6B1.9B1.6B
Net Tangible Assets3.6B7.9B9.0B12.8B14.7B15.5B
Net Debt418.2M1.1B1.1B2.2B2.5B2.6B
Other Assets331.2M188.3M311.1M756.8M870.3M913.8M
Other Stockholder Equity2.5B4.5B5.3B3.9B4.4B3.5B
Deferred Long Term Liab22.9M8.3M11.4M6.9M7.9M9.3M
Net Invested Capital6.9B11.8B13.5B17.0B20.2B12.3B
Net Working Capital(584.2M)1.9B1.3B8.8B7.6B8.0B
Common Stock2B1.9B2.5B2.7B3.1B2.5B
Property Plant Equipment3.8B4.8B5.7B7.7B8.9B4.8B

Currently Active Assets on Macroaxis

Other Information on Investing in National Stock

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