NBPE Accounts Payable vs Total Current Liabilities Analysis

NBPE Stock   1,528  18.00  1.16%   
NB Private financial indicator trend analysis is infinitely more than just investigating NB Private Equity recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NB Private Equity is a good investment. Please check the relationship between NB Private Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NB Private Equity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NB Private Equity Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between NB Private's Accounts Payable and Total Current Liabilities is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of NB Private Equity, assuming nothing else is changed. The correlation between historical values of NB Private's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NB Private Equity are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., NB Private's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents NB Private obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NB Private Equity are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on NB Private balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NB Private Equity 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.
Most indicators from NB Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NB Private Equity 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 NB Private Equity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 3.6 M in 2024

NB Private fundamental ratios Correlations

-0.480.990.92-0.47-0.37-0.52-0.49-0.50.23-0.41-0.66-0.240.78-0.260.470.680.99-0.080.3-0.16-0.20.54-0.780.910.37
-0.48-0.45-0.330.64-0.03-0.12-0.03-0.01-0.08-0.060.32-0.23-0.360.06-0.48-0.34-0.44-0.280.12-0.21-0.3-0.510.32-0.23-0.86
0.99-0.450.93-0.45-0.3-0.5-0.45-0.480.13-0.38-0.66-0.160.75-0.180.50.640.98-0.020.34-0.11-0.190.55-0.720.950.36
0.92-0.330.93-0.26-0.32-0.75-0.73-0.760.16-0.69-0.68-0.190.69-0.160.470.650.93-0.060.48-0.14-0.510.52-0.760.890.24
-0.470.64-0.45-0.260.18-0.33-0.12-0.140.0-0.20.330.24-0.390.35-0.12-0.32-0.460.170.360.2-0.58-0.220.31-0.21-0.52
-0.37-0.03-0.3-0.320.180.340.530.37-0.460.34-0.020.590.040.96-0.21-0.21-0.350.150.170.10.10.020.5-0.21-0.03
-0.52-0.12-0.5-0.75-0.330.340.910.94-0.370.920.420.25-0.390.09-0.22-0.42-0.560.14-0.580.180.92-0.210.57-0.590.18
-0.49-0.03-0.45-0.73-0.120.530.910.97-0.350.970.380.38-0.250.37-0.22-0.46-0.530.19-0.40.20.8-0.170.64-0.430.07
-0.5-0.01-0.48-0.76-0.140.370.940.97-0.330.990.430.3-0.340.2-0.2-0.44-0.550.19-0.490.220.84-0.220.6-0.490.07
0.23-0.080.130.160.0-0.46-0.37-0.35-0.33-0.28-0.11-0.690.33-0.36-0.250.430.28-0.59-0.19-0.58-0.19-0.38-0.510.11-0.16
-0.41-0.06-0.38-0.69-0.20.340.920.970.99-0.280.390.27-0.250.17-0.17-0.4-0.460.17-0.480.20.87-0.170.54-0.390.11
-0.660.32-0.66-0.680.33-0.020.420.380.43-0.110.390.15-0.64-0.10.06-0.52-0.690.2-0.230.310.27-0.190.68-0.57-0.07
-0.24-0.23-0.16-0.190.240.590.250.380.3-0.690.270.15-0.330.580.46-0.48-0.310.880.330.840.060.490.52-0.090.41
0.78-0.360.750.69-0.390.04-0.39-0.25-0.340.33-0.25-0.64-0.330.140.080.770.82-0.430.24-0.52-0.160.26-0.640.710.11
-0.260.06-0.18-0.160.350.960.090.370.2-0.360.17-0.10.580.14-0.15-0.14-0.230.150.350.09-0.140.060.4-0.04-0.13
0.47-0.480.50.47-0.12-0.21-0.22-0.22-0.2-0.25-0.170.060.460.08-0.150.160.40.690.40.65-0.120.73-0.160.480.64
0.68-0.340.640.65-0.32-0.21-0.42-0.46-0.440.43-0.4-0.52-0.480.77-0.140.160.73-0.470.12-0.54-0.220.04-0.850.520.07
0.99-0.440.980.93-0.46-0.35-0.56-0.53-0.550.28-0.46-0.69-0.310.82-0.230.40.73-0.180.31-0.26-0.250.48-0.810.910.31
-0.08-0.28-0.02-0.060.170.150.140.190.19-0.590.170.20.88-0.430.150.69-0.47-0.180.280.980.050.60.360.010.53
0.30.120.340.480.360.17-0.58-0.4-0.49-0.19-0.48-0.230.330.240.350.40.120.310.280.2-0.610.58-0.180.470.14
-0.16-0.21-0.11-0.140.20.10.180.20.22-0.580.20.310.84-0.520.090.65-0.54-0.260.980.20.070.530.43-0.080.47
-0.2-0.3-0.19-0.51-0.580.10.920.80.84-0.190.870.270.06-0.16-0.14-0.12-0.22-0.250.05-0.610.07-0.10.31-0.330.33
0.54-0.510.550.52-0.220.02-0.21-0.17-0.22-0.38-0.17-0.190.490.260.060.730.040.480.60.580.53-0.1-0.120.520.77
-0.780.32-0.72-0.760.310.50.570.640.6-0.510.540.680.52-0.640.4-0.16-0.85-0.810.36-0.180.430.31-0.12-0.6-0.12
0.91-0.230.950.89-0.21-0.21-0.59-0.43-0.490.11-0.39-0.57-0.090.71-0.040.480.520.910.010.47-0.08-0.330.52-0.60.18
0.37-0.860.360.24-0.52-0.030.180.070.07-0.160.11-0.070.410.11-0.130.640.070.310.530.140.470.330.77-0.120.18
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NB Private Account Relationship Matchups

NB Private fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.7B1.4B1.5B1.0B
Other Current Liab(6.9M)(15.2M)(37.3M)9.3M11.9M12.5M
Total Stockholder Equity894.8M1.1B1.5B1.3B1.3B886.7M
Retained Earnings406.4M563.8M992.4M839.5M822.7M863.8M
Non Currrent Assets Other(1.1B)(1.3B)(1.6B)(1.4B)2.3M2.5M
Other Assets4.5M9.1M3.5M2.7M2.3M2.2M
Liabilities And Stockholders Equity1.1B1.3B1.7B1.4B1.5B1.1B
Total Liab206.5M214.2M37.3M82.1M182.3M127.9M
Cash9.5M3.0M116.5M7.0M50.6M41.7M
Long Term Debt131.1M174.9M193.1M192.0M220.8M137.7M
Short Long Term Debt Total40M47M35M162.0M72.8M76.5M
Net Debt37.5M32.0M45.5M65.8M39.4M41.4M
Non Current Assets Total1.1B1.3B1.6B1.4B1.4B1.1B
Cash And Short Term Investments9.5M3.0M116.5M7.0M50.6M37.0M
Non Current Liabilities Total47M35M162.0M72.8M170.5M179.0M
Total Current Assets11.0M3.7M116.8M7.2M51.0M41.1M
Total Current Liabilities6.9M15.2M37.3M9.3M16.8M14.3M
Other Current Assets1.5M627.8K281.0K199.9K333.1K316.5K
Net Tangible Assets872.2M894.8M1.1B1.5B1.7B1.0B
Net Receivables1.5M627.8K281.0K199.9K333.1K316.5K
Inventory(1.5M)(627.8K)(281.0K)(199.9K)(333.1K)(349.8K)
Deferred Long Term Liab2.4M2.9M2.6M2.4M2.7M2.1M
Long Term Investments1.1B1.3B1.6B1.4B1.4B1.2B
Net Invested Capital912.2M941.8M1.1B1.4B1.6B1.2B

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Additional Tools for NBPE Stock Analysis

When running NB Private's price analysis, check to measure NB Private's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NB Private is operating at the current time. Most of NB Private's value examination focuses on studying past and present price action to predict the probability of NB Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NB Private's price. Additionally, you may evaluate how the addition of NB Private to your portfolios can decrease your overall portfolio volatility.