NCino Total Assets vs Short Term Debt Analysis

NCNO Stock  USD 41.42  0.97  2.40%   
NCino financial indicator trend analysis is infinitely more than just investigating nCino Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether nCino Inc is a good investment. Please check the relationship between NCino Total Assets and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nCino Inc. 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.

Total Assets vs Short Term Debt

Total Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nCino Inc Total Assets account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between NCino's Total Assets and Short Term Debt is -0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of nCino Inc, assuming nothing else is changed. The correlation between historical values of NCino's Total Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of nCino Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Assets i.e., NCino's Total Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of NCino assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in nCino Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Term Debt

Most indicators from NCino's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into nCino Inc 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 nCino Inc. 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.
At this time, NCino's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 493.71, while Selling General Administrative is likely to drop about 43.4 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization12.5M38.5M45.3M47.5M
Interest Income194K403K2.6M2.7M

NCino fundamental ratios Correlations

-0.240.920.990.94-0.190.990.06-0.950.880.30.970.920.930.30.920.980.92-0.560.870.920.520.960.970.930.95
-0.24-0.16-0.17-0.14-0.26-0.220.180.2-0.11-0.28-0.190.11-0.07-0.28-0.15-0.26-0.23-0.4-0.25-0.19-0.28-0.17-0.2-0.23-0.21
0.92-0.160.940.9-0.070.9-0.12-0.890.950.390.860.90.920.390.990.930.92-0.650.941.00.620.990.910.990.82
0.99-0.170.940.95-0.160.980.01-0.940.90.340.960.940.950.340.940.970.94-0.640.880.940.560.970.970.930.93
0.94-0.140.90.95-0.310.93-0.09-0.910.950.430.880.950.960.430.930.930.93-0.610.930.890.620.930.990.90.85
-0.19-0.26-0.07-0.16-0.31-0.23-0.640.19-0.180.53-0.33-0.31-0.120.53-0.16-0.290.06-0.13-0.16-0.10.43-0.06-0.28-0.1-0.37
0.99-0.220.90.980.93-0.230.12-0.980.830.260.970.920.910.260.890.970.9-0.550.820.90.470.930.970.920.96
0.060.18-0.120.01-0.09-0.640.12-0.07-0.24-0.920.280.02-0.21-0.92-0.110.13-0.320.31-0.25-0.07-0.82-0.13-0.03-0.070.36
-0.950.2-0.89-0.94-0.910.19-0.98-0.07-0.81-0.31-0.92-0.9-0.91-0.31-0.87-0.93-0.90.58-0.8-0.89-0.52-0.91-0.95-0.92-0.9
0.88-0.110.950.90.95-0.180.83-0.24-0.810.490.790.910.940.490.970.890.91-0.650.990.940.690.950.930.920.74
0.3-0.280.390.340.430.530.26-0.92-0.310.490.080.310.531.00.380.20.64-0.480.50.340.970.430.380.360.0
0.97-0.190.860.960.88-0.330.970.28-0.920.790.080.890.840.080.870.970.81-0.460.790.880.310.890.930.881.0
0.920.110.90.940.95-0.310.920.02-0.90.910.310.890.960.310.910.90.89-0.730.850.880.520.920.950.880.85
0.93-0.070.920.950.96-0.120.91-0.21-0.910.940.530.840.960.530.930.890.97-0.70.910.90.720.950.960.910.79
0.3-0.280.390.340.430.530.26-0.92-0.310.491.00.080.310.530.380.20.64-0.480.50.340.970.430.380.360.0
0.92-0.150.990.940.93-0.160.89-0.11-0.870.970.380.870.910.930.380.940.91-0.620.970.990.60.980.930.980.83
0.98-0.260.930.970.93-0.290.970.13-0.930.890.20.970.90.890.20.940.87-0.480.890.950.430.950.960.950.96
0.92-0.230.920.940.930.060.9-0.32-0.90.910.640.810.890.970.640.910.87-0.680.90.90.80.950.930.910.76
-0.56-0.4-0.65-0.64-0.61-0.13-0.550.310.58-0.65-0.48-0.46-0.73-0.7-0.48-0.62-0.48-0.68-0.55-0.61-0.59-0.67-0.58-0.57-0.4
0.87-0.250.940.880.93-0.160.82-0.25-0.80.990.50.790.850.910.50.970.890.9-0.550.940.690.940.920.920.74
0.92-0.191.00.940.89-0.10.9-0.07-0.890.940.340.880.880.90.340.990.950.9-0.610.940.570.980.910.990.84
0.52-0.280.620.560.620.430.47-0.82-0.520.690.970.310.520.720.970.60.430.8-0.590.690.570.650.580.590.23
0.96-0.170.990.970.93-0.060.93-0.13-0.910.950.430.890.920.950.430.980.950.95-0.670.940.980.650.950.980.85
0.97-0.20.910.970.99-0.280.97-0.03-0.950.930.380.930.950.960.380.930.960.93-0.580.920.910.580.950.920.9
0.93-0.230.990.930.9-0.10.92-0.07-0.920.920.360.880.880.910.360.980.950.91-0.570.920.990.590.980.920.84
0.95-0.210.820.930.85-0.370.960.36-0.90.740.01.00.850.790.00.830.960.76-0.40.740.840.230.850.90.84
Click cells to compare fundamentals

NCino Account Relationship Matchups

NCino fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.0M250.2M563.4M1.3B1.3B1.4B
Other Current Liab71.9M20.2M36.2M33.5M27.1M30.9M
Total Current Liabilities52.4M76.6M115.7M174.4M215.0M123.3M
Total Stockholder Equity66.0M167.3M425.2M1.1B1.0B1.1B
Other Liab1.5M1.9M2.8M11.5M13.2M13.8M
Net Tangible Assets85.3M344.9M46.0M31.8M28.6M27.2M
Property Plant And Equipment Net10.4M13.5M29.9M73.8M98.4M103.3M
Net Debt(74.3M)(91.2M)(355.2M)(39.2M)(37.9M)(39.8M)
Retained Earnings(104.8M)(120.9M)(161.1M)(209.6M)(352.8M)(335.1M)
Accounts Payable4.7M6.0M11.4M11.9M11.8M8.1M
Cash74.3M91.2M371.4M88.0M112.1M186.9M
Non Current Assets Total10.8M104.9M121.2M1.1B1.1B1.1B
Non Currrent Assets Other9.5M750K10.9M16.3M18.1M19.0M
Other Assets393K9.5M10.9M18.0M20.7M21.8M
Cash And Short Term Investments74.3M91.2M371.4M88.0M112.1M186.9M
Net Receivables43.4M55.5M74.5M99.5M113.0M69.3M
Other Current Assets3.6M15.3M21.0M25.7M25.7M19.0M
Other Stockholder Equity120.9M586.0M1.3B1.3B1.4B770.9M
Total Liab53.9M78.5M134.4M230.5M287.8M150.0M
Total Current Assets109.2M145.3M442.2M183.5M250.8M264.3M
Common Stock38K41K47K55K57K50.4K
Property Plant Equipment13.5M29.9M73.8M95.0M109.2M114.7M
Net Invested Capital167.3M425.2M1.1B1.1B1.0B702.1M
Property Plant And Equipment Gross13.5M29.9M73.8M95.0M123.6M63.5M
Capital Stock41K47K55K56K57K53.9K
Net Working Capital68.7M326.5M9.1M2.0M35.7M66.5M
Short Term Debt58.9M324K4.2M4.9M5.1M4.9M

Pair Trading with NCino

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NCino position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NCino will appreciate offsetting losses from the drop in the long position's value.

Moving together with NCino Stock

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Moving against NCino Stock

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The ability to find closely correlated positions to NCino could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NCino when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NCino - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling nCino Inc to buy it.
The correlation of NCino is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NCino moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if nCino Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NCino can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether nCino Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NCino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ncino Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ncino Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nCino Inc. 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.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCino. If investors know NCino will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.26)
Revenue Per Share
4.444
Quarterly Revenue Growth
0.129
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of nCino Inc is measured differently than its book value, which is the value of NCino that is recorded on the company's balance sheet. Investors also form their own opinion of NCino's value that differs from its market value or its book value, called intrinsic value, which is NCino's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCino's market value can be influenced by many factors that don't directly affect NCino's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NCino's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCino's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.