NBPE Other Current Assets vs Net Tangible Assets Analysis
NBPE Stock | 1,544 4.00 0.26% |
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 Other Current Assets 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.
Other Current Assets vs Net Tangible Assets
Other Current Assets 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 Other Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NB Private's Other Current Assets and Net Tangible Assets is -0.6. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., NB Private's Other Current Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.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
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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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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.