NABL Total Stockholder Equity vs Total Liab Analysis
NABL Stock | USD 10.31 0.06 0.58% |
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 Total Stockholder Equity and its Total Liab 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of N Able Inc Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between N Able's Total Stockholder Equity and Total Liab is -0.58. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total 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 Total Stockholder Equity of N Able Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., N Able's Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Expense | 20.5M | 18.9M | 30.3M | 22.1M | Depreciation And Amortization | 33.0M | 23.3M | 21.6M | 32.7M |
N Able fundamental ratios Correlations
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N Able Account Relationship Matchups
High Positive Relationship
High Negative Relationship
N Able fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 20.8M | 30.9M | 50.8M | 41.7M | 63.6M | 40.2M | |
Total Current Liabilities | 32.8M | 54.8M | 60.9M | 61.8M | 81.7M | 63.5M | |
Other Liab | 11.0M | 6.4M | 3.3M | 8.4M | 7.5M | 7.7M | |
Net Tangible Assets | (350.8M) | (275.2M) | (230.6M) | (195.6M) | (224.9M) | (236.2M) | |
Accounts Payable | 2.0M | 5.5M | 5.9M | 3.5M | 5.2M | 3.8M | |
Other Assets | 4.2M | 4.4M | 10.8M | 4.2M | 4.8M | 6.3M | |
Net Receivables | 27.0M | 30.3M | 40.3M | 42.6M | 48.0M | 38.7M | |
Other Stockholder Equity | 6.6M | 49.0M | 603.0M | 632.9M | 666.5M | 361.6M | |
Total Current Assets | 71.4M | 135.7M | 121.0M | 154.2M | 224.8M | 148.8M | |
Common Stock | 557.1M | 582.2M | 179K | 181K | 183K | 173.9K | |
Property Plant Equipment | 23.7M | 33.3M | 75.0M | 37.4M | 43.0M | 40.2M |
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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.