NABL Income Quality vs Ev To Sales Analysis

NABL Stock  USD 10.44  0.16  1.56%   
N Able financial indicator trend analysis is infinitely more than just investigating N Able Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether N Able Inc is a good investment. Please check the relationship between N Able Income Quality and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able 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 bureau of labor statistics.

Income Quality vs Ev To Sales

Income Quality vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of N Able Inc Income Quality account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between N Able's Income Quality and Ev To Sales is -0.44. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of N Able Inc, assuming nothing else is changed. The correlation between historical values of N Able's Income Quality and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of N Able Inc are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Income Quality i.e., N Able's Income Quality and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from N Able's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into N Able 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able 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 bureau of labor statistics.
At this time, N Able's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 52.33 this year, although the value of Tax Provision will most likely fall to about 10.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense20.5M18.9M30.3M22.1M
Depreciation And Amortization33.0M23.3M20.1M32.4M

N Able fundamental ratios Correlations

0.67-0.90.94-0.450.40.98-0.910.930.83-0.890.880.83-0.680.910.950.96-0.910.9-0.320.91-0.840.9-0.22-0.9-0.76
0.67-0.350.550.210.210.68-0.670.710.91-0.690.440.7-0.50.740.670.74-0.730.76-0.240.79-0.610.76-0.2-0.68-0.56
-0.9-0.35-0.940.6-0.44-0.870.79-0.78-0.570.75-0.92-0.730.67-0.79-0.84-0.830.8-0.770.35-0.70.79-0.770.210.770.73
0.940.55-0.94-0.560.330.96-0.910.910.73-0.890.870.82-0.750.890.940.95-0.910.87-0.420.86-0.890.87-0.3-0.9-0.82
-0.450.210.6-0.560.13-0.50.42-0.37-0.130.41-0.36-0.430.47-0.42-0.39-0.440.44-0.380.39-0.420.47-0.380.360.430.47
0.40.21-0.440.330.130.33-0.490.440.03-0.480.730.15-0.290.180.520.28-0.150.04-0.190.09-0.40.04-0.17-0.48-0.35
0.980.68-0.870.96-0.50.33-0.950.960.84-0.940.840.84-0.720.920.960.98-0.920.9-0.370.95-0.870.9-0.29-0.94-0.79
-0.91-0.670.79-0.910.42-0.49-0.95-0.98-0.741.0-0.85-0.770.75-0.84-0.99-0.940.83-0.760.46-0.880.9-0.760.411.00.82
0.930.71-0.780.91-0.370.440.96-0.980.78-0.970.840.72-0.630.820.980.94-0.820.79-0.290.91-0.830.79-0.24-0.97-0.72
0.830.91-0.570.73-0.130.030.84-0.740.78-0.740.520.84-0.590.90.750.88-0.890.94-0.270.93-0.70.94-0.19-0.74-0.65
-0.89-0.690.75-0.890.41-0.48-0.941.0-0.97-0.74-0.82-0.790.78-0.84-0.98-0.940.83-0.750.52-0.880.92-0.750.471.00.84
0.880.44-0.920.87-0.360.730.84-0.850.840.52-0.820.61-0.60.690.90.79-0.690.63-0.290.64-0.760.63-0.18-0.83-0.68
0.830.7-0.730.82-0.430.150.84-0.770.720.84-0.790.61-0.910.980.770.9-0.970.91-0.70.85-0.920.91-0.61-0.8-0.93
-0.68-0.50.67-0.750.47-0.29-0.720.75-0.63-0.590.78-0.6-0.91-0.85-0.72-0.790.84-0.680.91-0.660.96-0.680.830.790.99
0.910.74-0.790.89-0.420.180.92-0.840.820.9-0.840.690.98-0.850.840.96-1.00.96-0.580.92-0.910.96-0.47-0.85-0.9
0.950.67-0.840.94-0.390.520.96-0.990.980.75-0.980.90.77-0.720.840.95-0.840.79-0.390.87-0.890.79-0.31-0.98-0.79
0.960.74-0.830.95-0.440.280.98-0.940.940.88-0.940.790.9-0.790.960.95-0.960.93-0.470.96-0.920.93-0.38-0.94-0.85
-0.91-0.730.8-0.910.44-0.15-0.920.83-0.82-0.890.83-0.69-0.970.84-1.0-0.84-0.96-0.970.56-0.920.91-0.970.450.840.89
0.90.76-0.770.87-0.380.040.9-0.760.790.94-0.750.630.91-0.680.960.790.93-0.97-0.350.93-0.781.0-0.23-0.76-0.74
-0.32-0.240.35-0.420.39-0.19-0.370.46-0.29-0.270.52-0.29-0.70.91-0.58-0.39-0.470.56-0.35-0.340.76-0.350.980.520.85
0.910.79-0.70.86-0.420.090.95-0.880.910.93-0.880.640.85-0.660.920.870.96-0.920.93-0.34-0.810.93-0.28-0.88-0.73
-0.84-0.610.79-0.890.47-0.4-0.870.9-0.83-0.70.92-0.76-0.920.96-0.91-0.89-0.920.91-0.780.76-0.81-0.780.680.930.98
0.90.76-0.770.87-0.380.040.9-0.760.790.94-0.750.630.91-0.680.960.790.93-0.971.0-0.350.93-0.78-0.23-0.76-0.74
-0.22-0.20.21-0.30.36-0.17-0.290.41-0.24-0.190.47-0.18-0.610.83-0.47-0.31-0.380.45-0.230.98-0.280.68-0.230.470.77
-0.9-0.680.77-0.90.43-0.48-0.941.0-0.97-0.741.0-0.83-0.80.79-0.85-0.98-0.940.84-0.760.52-0.880.93-0.760.470.85
-0.76-0.560.73-0.820.47-0.35-0.790.82-0.72-0.650.84-0.68-0.930.99-0.9-0.79-0.850.89-0.740.85-0.730.98-0.740.770.85
Click cells to compare fundamentals

N Able Account Relationship Matchups

N Able fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab20.8M30.9M50.8M41.7M63.6M40.2M
Total Current Liabilities32.8M54.8M60.9M61.8M81.7M63.5M
Other Liab11.0M6.4M3.3M8.4M7.5M7.7M
Net Tangible Assets(350.8M)(275.2M)(230.6M)(195.6M)(224.9M)(236.2M)
Accounts Payable2.0M5.5M5.9M3.5M5.2M3.8M
Other Assets4.2M4.4M10.8M4.2M4.8M6.3M
Net Receivables27.0M30.3M40.3M42.6M48.0M38.7M
Other Stockholder Equity6.6M49.0M603.0M632.9M666.5M361.6M
Total Current Assets71.4M135.7M121.0M154.2M224.8M148.8M
Common Stock557.1M582.2M179K181K183K173.9K
Property Plant Equipment23.7M33.3M75.0M37.4M43.0M40.2M

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When determining whether N Able Inc is a strong investment it is important to analyze N Able's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact N Able's future performance. For an informed investment choice regarding NABL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able 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 bureau of labor statistics.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of N Able. If investors know NABL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about N Able listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.933
Earnings Share
0.2
Revenue Per Share
2.484
Quarterly Revenue Growth
0.083
Return On Assets
0.0483
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because N Able's market value can be influenced by many factors that don't directly affect N Able's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.