NBPE Cash And Short Term Investments vs Net Tangible Assets 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 Cash And Short Term Investments and its Net Tangible Assets 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.
Cash And Short Term Investments vs Net Tangible Assets
Cash And Short Term Investments vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NB Private Equity Cash And Short Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between NB Private's Cash And Short Term Investments and Net Tangible Assets is 0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Tangible Assets 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 Cash And Short Term Investments and Net Tangible 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 Cash And Short Term Investments of NB Private Equity are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Short Term Investments i.e., NB Private's Cash And Short Term Investments and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of NB Private Equity balance sheet. This account contains NB Private investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NB Private Equity fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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
Click cells to compare fundamentals
NB Private Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NB Private fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.3B | 1.7B | 1.4B | 1.5B | 1.0B | |
Other Current Liab | (6.9M) | (15.2M) | (37.3M) | 9.3M | 11.9M | 12.5M | |
Total Stockholder Equity | 894.8M | 1.1B | 1.5B | 1.3B | 1.3B | 886.7M | |
Retained Earnings | 406.4M | 563.8M | 992.4M | 839.5M | 822.7M | 863.8M | |
Non Currrent Assets Other | (1.1B) | (1.3B) | (1.6B) | (1.4B) | 2.3M | 2.5M | |
Other Assets | 4.5M | 9.1M | 3.5M | 2.7M | 2.3M | 2.2M | |
Liabilities And Stockholders Equity | 1.1B | 1.3B | 1.7B | 1.4B | 1.5B | 1.1B | |
Total Liab | 206.5M | 214.2M | 37.3M | 82.1M | 182.3M | 127.9M | |
Cash | 9.5M | 3.0M | 116.5M | 7.0M | 50.6M | 41.7M | |
Long Term Debt | 131.1M | 174.9M | 193.1M | 192.0M | 220.8M | 137.7M | |
Short Long Term Debt Total | 40M | 47M | 35M | 162.0M | 72.8M | 76.5M | |
Net Debt | 37.5M | 32.0M | 45.5M | 65.8M | 39.4M | 41.4M | |
Non Current Assets Total | 1.1B | 1.3B | 1.6B | 1.4B | 1.4B | 1.1B | |
Cash And Short Term Investments | 9.5M | 3.0M | 116.5M | 7.0M | 50.6M | 37.0M | |
Non Current Liabilities Total | 47M | 35M | 162.0M | 72.8M | 170.5M | 179.0M | |
Total Current Assets | 11.0M | 3.7M | 116.8M | 7.2M | 51.0M | 41.1M | |
Total Current Liabilities | 6.9M | 15.2M | 37.3M | 9.3M | 16.8M | 14.3M | |
Other Current Assets | 1.5M | 627.8K | 281.0K | 199.9K | 333.1K | 316.5K | |
Net Tangible Assets | 872.2M | 894.8M | 1.1B | 1.5B | 1.7B | 1.0B | |
Net Receivables | 1.5M | 627.8K | 281.0K | 199.9K | 333.1K | 316.5K | |
Inventory | (1.5M) | (627.8K) | (281.0K) | (199.9K) | (333.1K) | (349.8K) | |
Deferred Long Term Liab | 2.4M | 2.9M | 2.6M | 2.4M | 2.7M | 2.1M | |
Long Term Investments | 1.1B | 1.3B | 1.6B | 1.4B | 1.4B | 1.2B | |
Net Invested Capital | 912.2M | 941.8M | 1.1B | 1.4B | 1.6B | 1.2B |
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