NBPE Net Tangible Assets vs Cash 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 Net Tangible Assets and its Cash 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.

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NB Private Equity Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NB Private's Net Tangible Assets and Cash is -0.09. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash 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 Net Tangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of NB Private Equity are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., NB Private's Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Cash

Cash refers to the most liquid asset of NB Private Equity, which is listed under current asset account on NB Private Equity balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NB Private customers. The amounts must be unrestricted with restricted cash listed in a different NB Private account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.