National Long Term Debt vs Non Currrent Assets Other Analysis
688126 Stock | 21.46 0.56 2.68% |
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 Long Term Debt and its Non Currrent Assets Other 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.
Long Term Debt vs Non Currrent Assets Other
Long Term Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Silicon Industry Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between National Silicon's Long Term Debt and Non Currrent Assets Other is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other 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 Long Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of National Silicon Industry are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., National Silicon's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that National Silicon Industry has held for over one year. Long-term debt appears on National Silicon Industry balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Silicon Industry balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 Profit | 393.6M | 818.1M | 525.1M | 359.0M | Total Revenue | 2.5B | 3.6B | 3.2B | 2.0B |
National Silicon fundamental ratios Correlations
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National Silicon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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National Silicon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.0B | 14.5B | 16.3B | 25.5B | 29.0B | 15.4B | |
Other Current Liab | 271.0M | 561.3M | 445.1M | 886.7M | 27.0M | 25.7M | |
Total Current Liabilities | 2.2B | 1.4B | 1.4B | 1.9B | 2.9B | 1.7B | |
Total Stockholder Equity | 5.1B | 9.4B | 10.4B | 14.3B | 15.1B | 8.7B | |
Retained Earnings | 174.6M | 261.6M | 407.7M | 732.8M | 1.7B | 1.8B | |
Accounts Payable | 237.4M | 203.5M | 234.1M | 313.1M | 320.7M | 218.1M | |
Cash | 710.6M | 1.3B | 883.9M | 7.6B | 7.3B | 7.7B | |
Non Current Assets Total | 8.3B | 11.2B | 13.6B | 14.7B | 18.5B | 11.0B | |
Non Currrent Assets Other | 301.2M | 159.8M | 203.9M | 668.6M | 826.9M | 868.2M | |
Long Term Debt | 761.3M | 1.6B | 2.5B | 2.3B | 4.0B | 4.2B | |
Net Receivables | 363.8M | 346.9M | 427.5M | 686.1M | 568.4M | 393.5M | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | |
Non Current Liabilities Total | 2.5B | 3.6B | 4.3B | 4.0B | 5.6B | 3.4B | |
Inventory | 440.1M | 555.2M | 677.9M | 823.1M | 1.4B | 1.5B | |
Other Current Assets | 143.5M | 147.8M | 272.7M | 254.6M | 493.5M | 518.1M | |
Total Liab | 4.8B | 5.0B | 5.8B | 5.9B | 8.5B | 5.1B | |
Short Long Term Debt | 638.5M | 745.0M | 558.7M | 391.2M | 1.1B | 1.2B | |
Total Current Assets | 1.7B | 3.3B | 2.7B | 10.7B | 10.5B | 11.0B | |
Non Current Liabilities Other | 423.4K | 35.3M | 15.6M | 10.3M | 3.8M | 3.6M | |
Intangible Assets | 268.2M | 369.2M | 326.4M | 408.5M | 566.0M | 317.5M | |
Other Liab | 1.7B | 1.9B | 1.7B | 1.6B | 1.9B | 1.6B | |
Net Tangible Assets | 3.6B | 7.9B | 9.0B | 12.8B | 14.7B | 15.5B | |
Net Debt | 418.2M | 1.1B | 1.1B | 2.2B | 2.5B | 2.6B | |
Other Assets | 331.2M | 188.3M | 311.1M | 756.8M | 870.3M | 913.8M | |
Other Stockholder Equity | 2.5B | 4.5B | 5.3B | 3.9B | 4.4B | 3.5B | |
Deferred Long Term Liab | 22.9M | 8.3M | 11.4M | 6.9M | 7.9M | 9.3M | |
Net Invested Capital | 6.9B | 11.8B | 13.5B | 17.0B | 20.2B | 12.3B | |
Net Working Capital | (584.2M) | 1.9B | 1.3B | 8.8B | 7.6B | 8.0B | |
Common Stock | 2B | 1.9B | 2.5B | 2.7B | 3.1B | 2.5B | |
Property Plant Equipment | 3.8B | 4.8B | 5.7B | 7.7B | 8.9B | 4.8B |
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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.