Nahar Common Stock Shares Outstanding vs Other Current Assets Analysis

NAHARINDUS   139.96  2.83  2.06%   
Nahar Industrial financial indicator trend analysis is infinitely more than just investigating Nahar Industrial Ent recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nahar Industrial Ent is a good investment. Please check the relationship between Nahar Industrial Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nahar Industrial Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nahar Industrial Ent Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nahar Industrial's Common Stock Shares Outstanding and Other Current Assets is -0.01. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Nahar Industrial Enterprises, assuming nothing else is changed. The correlation between historical values of Nahar Industrial's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Nahar Industrial Enterprises are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Nahar Industrial's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Nahar Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nahar Industrial Ent 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 Nahar Industrial Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 30th of November 2024, Selling General Administrative is likely to grow to about 263.2 M, while Tax Provision is likely to drop about 19.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense514.9M376.6M256.5M243.6M
Depreciation And Amortization498.4M456.5M458.3M615.7M

Nahar Industrial fundamental ratios Correlations

0.680.170.61-0.420.580.76-0.140.63-0.03-0.23-0.05-0.460.350.630.19-0.080.820.560.70.030.250.09-0.430.34-0.39
0.68-0.370.26-0.670.490.970.310.37-0.070.230.01-0.370.60.450.070.030.820.540.480.080.18-0.02-0.680.23-0.65
0.17-0.370.31-0.180.39-0.24-0.480.460.15-0.49-0.060.1-0.050.07-0.02-0.10.22-0.160.37-0.36-0.12-0.07-0.170.21-0.07
0.610.260.31-0.030.030.46-0.770.08-0.23-0.810.32-0.09-0.410.860.42-0.340.430.750.9-0.660.520.21-0.03-0.34-0.25
-0.42-0.67-0.18-0.03-0.77-0.63-0.34-0.6-0.03-0.240.090.38-0.8-0.030.13-0.15-0.84-0.04-0.36-0.040.150.160.98-0.450.88
0.580.490.390.03-0.770.50.170.950.180.1-0.38-0.310.77-0.01-0.090.230.79-0.140.30.15-0.34-0.27-0.780.8-0.53
0.760.97-0.240.46-0.630.50.070.42-0.09-0.020.0-0.350.460.610.16-0.070.850.620.63-0.10.190.02-0.650.18-0.64
-0.140.31-0.48-0.77-0.340.170.070.050.110.99-0.14-0.180.73-0.55-0.340.310.08-0.28-0.510.74-0.17-0.17-0.310.38-0.15
0.630.370.460.08-0.60.950.420.050.230.01-0.48-0.220.670.03-0.060.140.7-0.170.280.18-0.4-0.26-0.640.81-0.31
-0.03-0.070.15-0.23-0.030.18-0.090.110.230.15-0.080.260.21-0.09-0.830.40.04-0.13-0.130.04-0.35-0.24-0.050.470.2
-0.230.23-0.49-0.81-0.240.1-0.020.990.010.15-0.17-0.030.66-0.57-0.340.31-0.02-0.31-0.570.72-0.19-0.22-0.210.36-0.02
-0.050.01-0.060.320.09-0.380.0-0.14-0.48-0.08-0.17-0.1-0.340.1-0.23-0.14-0.060.390.34-0.290.440.450.17-0.61-0.21
-0.46-0.370.1-0.090.38-0.31-0.35-0.18-0.220.26-0.03-0.1-0.380.01-0.01-0.07-0.37-0.01-0.07-0.44-0.03-0.350.38-0.150.56
0.350.6-0.05-0.41-0.80.770.460.730.670.210.66-0.34-0.38-0.26-0.290.30.64-0.21-0.070.54-0.34-0.23-0.80.74-0.53
0.630.450.070.86-0.03-0.010.61-0.550.03-0.09-0.570.10.01-0.260.42-0.310.480.90.8-0.590.560.16-0.06-0.21-0.17
0.190.07-0.020.420.13-0.090.16-0.34-0.06-0.83-0.34-0.23-0.01-0.290.42-0.440.060.310.27-0.270.40.10.11-0.26-0.01
-0.080.03-0.1-0.34-0.150.23-0.070.310.140.40.31-0.14-0.070.3-0.31-0.440.01-0.26-0.320.320.0-0.21-0.040.340.03
0.820.820.220.43-0.840.790.850.080.70.04-0.02-0.06-0.370.640.480.060.010.440.7-0.090.11-0.08-0.830.45-0.74
0.560.54-0.160.75-0.04-0.140.62-0.28-0.17-0.13-0.310.39-0.01-0.210.90.31-0.260.440.76-0.480.730.21-0.01-0.31-0.22
0.70.480.370.9-0.360.30.63-0.510.28-0.13-0.570.34-0.07-0.070.80.27-0.320.70.76-0.620.430.06-0.34-0.13-0.48
0.030.08-0.36-0.66-0.040.15-0.10.740.180.040.72-0.29-0.440.54-0.59-0.270.32-0.09-0.48-0.62-0.27-0.03-0.040.380.12
0.250.18-0.120.520.15-0.340.19-0.17-0.4-0.35-0.190.44-0.03-0.340.560.40.00.110.730.43-0.270.220.25-0.46-0.05
0.09-0.02-0.070.210.16-0.270.02-0.17-0.26-0.24-0.220.45-0.35-0.230.160.1-0.21-0.080.210.06-0.030.220.16-0.4-0.03
-0.43-0.68-0.17-0.030.98-0.78-0.65-0.31-0.64-0.05-0.210.170.38-0.8-0.060.11-0.04-0.83-0.01-0.34-0.040.250.16-0.480.86
0.340.230.21-0.34-0.450.80.180.380.810.470.36-0.61-0.150.74-0.21-0.260.340.45-0.31-0.130.38-0.46-0.4-0.48-0.12
-0.39-0.65-0.07-0.250.88-0.53-0.64-0.15-0.310.2-0.02-0.210.56-0.53-0.17-0.010.03-0.74-0.22-0.480.12-0.05-0.030.86-0.12
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Nahar Industrial Account Relationship Matchups

Nahar Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.5B15.8B18.3B13.6B16.6B13.7B
Short Long Term Debt Total7.1B7.0B7.0B2.8B5.3B6.5B
Other Current Liab109.1M11.6M53.2M381.9M389.9M409.3M
Total Current Liabilities7.5B7.0B8.3B3.1B5.6B5.9B
Total Stockholder Equity7.4B7.4B9.0B9.6B9.7B7.5B
Property Plant And Equipment Net5.4B5.0B4.7B4.9B5.2B5.0B
Net Debt6.9B6.7B6.8B2.8B5.2B6.2B
Cash6.2M1.5M6.5M5.2M35.5M33.7M
Non Current Assets Total6.8B6.5B6.5B6.7B7.7B6.2B
Non Currrent Assets Other(6.3B)569.5M864.0M962.7M1.5B1.6B
Cash And Short Term Investments15.3M4.0M48.9M94.8M313.2M237.4M
Net Receivables2.4B4.1B3.0B1.7B1.6B2.6B
Liabilities And Stockholders Equity16.5B15.8B18.3B13.6B16.6B13.7B
Non Current Liabilities Total1.5B1.3B1.0B882.9M1.3B1.2B
Inventory5.9B5.1B7.3B4.3B5.6B6.3B
Other Current Assets3.7B30.6M1.3B947.3M1.3B1.2B
Other Stockholder Equity(3.2B)629.4M(913.8M)8.8B4.1B3.3B
Total Liab9.1B8.3B9.3B4.0B6.9B8.3B
Total Current Assets9.7B9.3B11.8B6.9B8.8B10.3B
Accumulated Other Comprehensive Income(14.2B)2.7B4.3B4.7B2.0M2.1M
Short Term Debt5.6B5.7B6.2B2.1B4.4B5.5B
Accounts Payable1.5B917.7M1.6B525.1M812.7M1.1B
Current Deferred Revenue337.5M406.4M426.8M331.4M27.0M25.6M
Retained Earnings2.8B2.7B4.3B4.7B4.8B2.8B
Other Liab95.7M49.7M239.8M286.8M258.1M178.8M
Net Tangible Assets6.5B6.5B8.0B9.3B10.7B7.6B
Other Assets506.4M569.5M801.7M52.9M(1.0)(0.95)
Long Term Debt1.4B1.3B803.2M596.1M943.1M895.9M
Short Long Term Debt5.6B5.2B6.2B2.2B4.4B4.0B
Property Plant Equipment5.4B5.0B4.7B4.9B4.4B4.6B
Short Term Investments9.1M2.5M42.4M89.5M277.7M291.6M
Long Term Debt Total1.4B1.3B803.2M596.1M536.5M509.7M
Net Invested Capital14.5B13.9B16.0B12.4B15.0B11.9B
Net Working Capital2.1B2.3B3.5B3.8B3.2B3.2B

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Other Information on Investing in Nahar Stock

Balance Sheet is a snapshot of the financial position of Nahar Industrial Ent at a specified time, usually calculated after every quarter, six months, or one year. Nahar Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nahar Industrial 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 Nahar currently owns. An asset can also be divided into two categories, current and non-current.