National Net Receivables vs Net Debt 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 Net Receivables and its Net Debt 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.
Net Receivables vs Net Debt
Net Receivables vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Silicon Industry Net Receivables account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Silicon's Net Receivables and Net Debt is 0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt 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 Net Receivables and Net Debt 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 Receivables of National Silicon Industry are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., National Silicon's Net Receivables and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
Not Found
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.