Now Total Current Liabilities vs Other Stockholder Equity Analysis

DNOW Stock  USD 14.99  0.04  0.27%   
Now financial indicator trend analysis is infinitely more than just investigating Now Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Now Inc is a good investment. Please check the relationship between Now Total Current Liabilities and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Now Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Now Inc Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Now's Total Current Liabilities and Other Stockholder Equity is -0.15. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Now Inc, assuming nothing else is changed. The correlation between historical values of Now's Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Now Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Now's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Now balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Now Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

Most indicators from Now's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Now Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Now Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Now's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.6 B in 2024, despite the fact that Tax Provision is likely to grow to (104.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit357M506M535M432.1M
Total Revenue1.6B2.1B2.3B2.2B

Now fundamental ratios Correlations

-0.510.03-0.19-0.5-0.05-0.180.350.02-0.44-0.46-0.2-0.2-0.480.210.130.44-0.45-0.480.170.39-0.41-0.040.730.36-0.46
-0.510.340.520.98-0.10.57-0.63-0.470.870.970.530.340.7-0.44-0.21-0.510.460.67-0.61-0.690.97-0.21-0.8-0.540.96
0.030.340.330.37-0.70.230.250.080.090.360.5-0.120.36-0.72-0.430.01-0.39-0.210.090.130.39-0.69-0.380.040.4
-0.190.520.330.390.110.98-0.12-0.450.420.360.390.820.01-0.04-0.050.210.070.32-0.15-0.110.63-0.17-0.150.050.58
-0.50.980.370.39-0.190.44-0.6-0.390.830.990.550.170.74-0.51-0.25-0.580.40.61-0.6-0.680.94-0.3-0.86-0.570.95
-0.05-0.1-0.70.11-0.190.17-0.21-0.26-0.03-0.18-0.270.47-0.310.770.550.220.350.280.01-0.1-0.120.620.41-0.04-0.13
-0.180.570.230.980.440.17-0.2-0.490.490.420.350.840.02-0.01-0.030.130.150.39-0.27-0.190.68-0.1-0.16-0.040.63
0.35-0.630.25-0.12-0.6-0.21-0.20.69-0.85-0.63-0.04-0.33-0.540.02-0.010.23-0.92-0.860.530.99-0.53-0.40.440.47-0.45
0.02-0.470.08-0.45-0.39-0.26-0.490.69-0.62-0.380.1-0.56-0.25-0.26-0.47-0.24-0.6-0.750.490.66-0.43-0.270.06-0.09-0.32
-0.440.870.090.420.83-0.030.49-0.85-0.620.830.30.430.67-0.31-0.19-0.340.720.89-0.6-0.880.770.11-0.63-0.610.73
-0.460.970.360.360.99-0.180.42-0.63-0.380.830.50.170.78-0.55-0.31-0.610.460.59-0.6-0.720.93-0.23-0.84-0.60.93
-0.20.530.50.390.55-0.270.35-0.040.10.30.5-0.020.12-0.38-0.44-0.17-0.210.020.18-0.080.6-0.65-0.49-0.360.65
-0.20.34-0.120.820.170.470.84-0.33-0.560.430.17-0.02-0.070.250.140.260.440.52-0.2-0.270.380.430.090.00.31
-0.480.70.360.010.74-0.310.02-0.54-0.250.670.780.12-0.07-0.67-0.32-0.560.490.49-0.45-0.670.55-0.09-0.76-0.520.55
0.21-0.44-0.72-0.04-0.510.77-0.010.02-0.26-0.31-0.55-0.380.25-0.670.810.50.070.070.080.16-0.40.460.650.45-0.45
0.13-0.21-0.43-0.05-0.250.55-0.03-0.01-0.47-0.19-0.31-0.440.14-0.320.810.350.060.2-0.210.06-0.230.30.420.55-0.28
0.44-0.510.010.21-0.580.220.130.23-0.24-0.34-0.61-0.170.26-0.560.50.35-0.2-0.140.530.3-0.440.090.70.57-0.52
-0.450.46-0.390.070.40.350.15-0.92-0.60.720.46-0.210.440.490.070.06-0.20.83-0.45-0.90.340.66-0.33-0.410.27
-0.480.67-0.210.320.610.280.39-0.86-0.750.890.590.020.520.490.070.2-0.140.83-0.56-0.850.530.4-0.4-0.430.48
0.17-0.610.09-0.15-0.60.01-0.270.530.49-0.6-0.60.18-0.2-0.450.08-0.210.53-0.45-0.560.56-0.57-0.140.420.17-0.52
0.39-0.690.13-0.11-0.68-0.1-0.190.990.66-0.88-0.72-0.08-0.27-0.670.160.060.3-0.9-0.850.56-0.58-0.310.550.51-0.52
-0.410.970.390.630.94-0.120.68-0.53-0.430.770.930.60.380.55-0.4-0.23-0.440.340.53-0.57-0.58-0.31-0.74-0.420.99
-0.04-0.21-0.69-0.17-0.30.62-0.1-0.4-0.270.11-0.23-0.650.43-0.090.460.30.090.660.4-0.14-0.31-0.310.36-0.09-0.35
0.73-0.8-0.38-0.15-0.860.41-0.160.440.06-0.63-0.84-0.490.09-0.760.650.420.7-0.33-0.40.420.55-0.740.360.5-0.78
0.36-0.540.040.05-0.57-0.04-0.040.47-0.09-0.61-0.6-0.360.0-0.520.450.550.57-0.41-0.430.170.51-0.42-0.090.5-0.48
-0.460.960.40.580.95-0.130.63-0.45-0.320.730.930.650.310.55-0.45-0.28-0.520.270.48-0.52-0.520.99-0.35-0.78-0.48
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Now Account Relationship Matchups

Now fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding108.8M109.4M110.5M111.2M108.4M119.2M
Total Assets1.6B1.0B1.1B1.3B1.5B1.4B
Other Current Liab86M49M80M76M87.4M62.9M
Total Current Liabilities396M272M369M439M418M317.1M
Total Stockholder Equity1.1B699M712M842M1.1B1.0B
Other Liab7M6M3M5M4.5M5.3M
Accounts Payable255M172M235M304M288M223.7M
Cash183M387M313M212M299M205.2M
Good Will245M0.067M116M139M183.1M
Inventory465M262M250M381M366M460.4M
Other Current Assets19M49M28M32M26M24.7M
Total Liab447M309M392M476M466M366.5M
Intangible Assets144M90M9M25M28M26.6M
Property Plant Equipment106M120M98M111M136.9M126.8M
Property Plant And Equipment Net106M120M98M111M171M137.8M
Current Deferred Revenue19M29M34M33M28M27.9M
Net Debt(149M)(362M)(296M)(174M)(258M)(245.1M)
Non Current Assets Total524M147M221M303M461M371.3M
Non Currrent Assets Other10M67M48M34M42M4.8M
Cash And Short Term Investments183M387M313M212M299M210M
Net Receivables370M198M304M398M384M357.1M
Liabilities And Stockholders Equity1.6B1.0B1.1B1.3B1.5B1.3B
Non Current Liabilities Total140M51M37M23M48M53.0M
Other Stockholder Equity2.0B2.1B2.1B2.1B2.0B2.2B
Property Plant And Equipment Gross120M98M271M286M309M184.3M
Total Current Assets1.1B861M883M1.0B1.1B960.3M
Accumulated Other Comprehensive Income(143M)(128M)(145M)(147M)(150M)(152.3M)
Short Term Debt21M22M31M17M18M29.6M
Net Tangible Assets809M699M636M701M630.9M672.4M
Retained Earnings(775M)(1.2B)(1.2B)(1.1B)(828M)(869.4M)
Retained Earnings Total Equity(775M)(1.2B)(1.2B)(1.1B)(967.5M)(1.0B)
Capital Surpluse2.0B2.1B2.1B2.1B2.4B2.2B
Short Long Term Debt Total34M25M17M38M63M78.9M

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