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 DirectionPositive 
Relationship StrengthInsignificant

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

-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.