NCS Common Stock Total Equity vs Cash And Short Term Investments Analysis

NCSM Stock  USD 22.95  0.06  0.26%   
NCS Multistage financial indicator trend analysis is infinitely more than just investigating NCS Multistage Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCS Multistage Holdings is a good investment. Please check the relationship between NCS Multistage Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCS Multistage Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock Total Equity vs Cash And Short Term Investments

Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCS Multistage Holdings Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NCS Multistage's Common Stock Total Equity and Cash And Short Term Investments is -0.02. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of NCS Multistage Holdings, assuming nothing else is changed. The correlation between historical values of NCS Multistage's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of NCS Multistage Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., NCS Multistage's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NCS Multistage Holdings balance sheet. This account contains NCS Multistage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NCS Multistage Holdings 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.
Most indicators from NCS Multistage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCS Multistage Holdings 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 NCS Multistage Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of the 25th of November 2024, Selling General Administrative is likely to grow to about 64.9 M, while Tax Provision is likely to drop (243.6 K).
 2023 2024 (projected)
Depreciation And Amortization4.6M4.4M
Interest Income2.6M2.5M

NCS Multistage fundamental ratios Correlations

0.480.74-0.39-0.730.250.71-0.75-0.730.760.66-0.6-0.610.58-0.37-0.50.73-0.61-0.520.520.330.730.74-0.73-0.64-0.37
0.480.71-0.54-0.290.930.89-0.72-0.720.630.93-0.120.030.98-0.4-0.570.710.030.00.970.750.710.79-0.72-0.69-0.53
0.740.71-0.5-0.760.40.93-0.98-0.980.990.91-0.32-0.550.81-0.52-0.630.99-0.55-0.510.760.510.990.99-0.98-0.96-0.33
-0.39-0.54-0.50.62-0.45-0.650.620.55-0.53-0.630.050.22-0.65-0.160.49-0.550.220.36-0.64-0.44-0.55-0.60.60.57-0.01
-0.73-0.29-0.760.620.0-0.650.790.74-0.82-0.580.520.8-0.450.150.42-0.770.80.77-0.38-0.22-0.77-0.740.820.740.02
0.250.930.4-0.450.00.67-0.43-0.420.310.740.00.330.85-0.25-0.390.420.330.250.870.720.420.51-0.43-0.41-0.51
0.710.890.93-0.65-0.650.67-0.96-0.950.90.99-0.32-0.360.96-0.48-0.710.94-0.36-0.390.930.610.940.97-0.93-0.89-0.43
-0.75-0.72-0.980.620.79-0.43-0.960.99-0.98-0.920.350.55-0.840.470.7-0.980.550.56-0.8-0.47-0.98-0.990.970.940.3
-0.73-0.72-0.980.550.74-0.42-0.950.99-0.97-0.90.340.53-0.820.560.72-0.970.530.59-0.8-0.4-0.97-0.980.960.940.3
0.760.630.99-0.53-0.820.310.9-0.98-0.970.87-0.36-0.660.75-0.44-0.630.99-0.66-0.550.690.480.990.97-0.97-0.93-0.32
0.660.930.91-0.63-0.580.740.99-0.92-0.90.87-0.24-0.270.98-0.44-0.640.92-0.27-0.250.940.720.920.96-0.91-0.88-0.47
-0.6-0.12-0.320.050.520.0-0.320.350.34-0.36-0.240.52-0.190.410.07-0.30.520.52-0.160.12-0.3-0.310.310.20.24
-0.610.03-0.550.220.80.33-0.360.550.53-0.66-0.270.52-0.12-0.010.38-0.541.00.67-0.03-0.02-0.54-0.490.550.40.15
0.580.980.81-0.65-0.450.850.96-0.84-0.820.750.98-0.19-0.12-0.4-0.630.82-0.12-0.140.980.730.820.88-0.82-0.79-0.49
-0.37-0.4-0.52-0.160.15-0.25-0.480.470.56-0.44-0.440.41-0.01-0.40.23-0.47-0.010.3-0.460.07-0.47-0.470.420.510.23
-0.5-0.57-0.630.490.42-0.39-0.710.70.72-0.63-0.640.070.38-0.630.23-0.620.380.47-0.66-0.22-0.62-0.670.60.520.32
0.730.710.99-0.55-0.770.420.94-0.98-0.970.990.92-0.3-0.540.82-0.47-0.62-0.54-0.470.760.561.00.99-0.98-0.96-0.34
-0.610.03-0.550.220.80.33-0.360.550.53-0.66-0.270.521.0-0.12-0.010.38-0.540.67-0.03-0.02-0.54-0.490.550.40.15
-0.520.0-0.510.360.770.25-0.390.560.59-0.55-0.250.520.67-0.140.30.47-0.470.67-0.170.36-0.47-0.460.530.51-0.31
0.520.970.76-0.64-0.380.870.93-0.8-0.80.690.94-0.16-0.030.98-0.46-0.660.76-0.03-0.170.630.760.84-0.76-0.75-0.43
0.330.750.51-0.44-0.220.720.61-0.47-0.40.480.720.12-0.020.730.07-0.220.56-0.020.360.630.560.58-0.55-0.48-0.58
0.730.710.99-0.55-0.770.420.94-0.98-0.970.990.92-0.3-0.540.82-0.47-0.621.0-0.54-0.470.760.560.99-0.98-0.96-0.34
0.740.790.99-0.6-0.740.510.97-0.99-0.980.970.96-0.31-0.490.88-0.47-0.670.99-0.49-0.460.840.580.99-0.98-0.95-0.38
-0.73-0.72-0.980.60.82-0.43-0.930.970.96-0.97-0.910.310.55-0.820.420.6-0.980.550.53-0.76-0.55-0.98-0.980.970.27
-0.64-0.69-0.960.570.74-0.41-0.890.940.94-0.93-0.880.20.4-0.790.510.52-0.960.40.51-0.75-0.48-0.96-0.950.970.13
-0.37-0.53-0.33-0.010.02-0.51-0.430.30.3-0.32-0.470.240.15-0.490.230.32-0.340.15-0.31-0.43-0.58-0.34-0.380.270.13
Click cells to compare fundamentals

NCS Multistage Account Relationship Matchups

NCS Multistage fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding2.3M2.4M2.4M2.4M2.5M4.2M
Total Assets202.6M138.7M142.3M138.6M152.0M189.1M
Short Long Term Debt Total12.9M11.6M13.2M12.9M13.5M25.9M
Other Current Liab4.4M2.9M7.4M5.6M18.7M19.6M
Total Current Liabilities19.8M14.9M19.8M17.7M32.1M22.9M
Total Stockholder Equity144.6M93.6M92.6M91.0M91.6M124.1M
Other Liab4.3M1.9M1.7M1.5M1.4M1.3M
Net Tangible Assets84.1M72.0M71.6M70.7M81.3M85.4M
Property Plant And Equipment Net33.0M29.6M29.5M27.8M28.2M27.4M
Net Debt1.7M(3.9M)(9.0M)(3.4M)(3.2M)(3.0M)
Retained Earnings(199.0M)(256.6M)(261.4M)(262.5M)(265.6M)(252.3M)
Accounts Payable8.5M4.9M7.5M7.5M6.2M5.8M
Cash11.2M15.5M22.2M16.2M16.7M15.0M
Non Current Assets Total102.0M55.0M53.8M50.9M48.8M46.4M
Non Currrent Assets Other8.5M3.6M3.1M2.8M937K890.2K
Other Assets3.5M8.9M3.3M2.8M3.2M4.6M
Long Term Debt11.4M4.4M6.3M6.4M5.8M5.5M
Cash And Short Term Investments11.2M15.5M22.2M16.2M16.7M15.0M
Net Receivables47.0M30.3M29.1M31.6M43.0M31.0M
Common Stock Total Equity439K451K469K24K21.6K20.5K
Long Term Debt Total11.4M4.4M6.3M6.4M5.8M5.5M
Liabilities And Stockholders Equity202.6M138.7M142.3M138.6M152.0M189.1M
Non Current Liabilities Total19.3M10.3M11.8M11.6M10.6M10.1M
Capital Surpluse424.6M432.8M437.0M440.5M506.5M415.2M
Inventory39.9M34.9M33.9M37.0M41.6M35.8M
Other Current Assets2.4M6.0M6.6M2.8M1.9M3.7M
Other Stockholder Equity424.0M432.0M436.0M439.1M443.0M422.6M
Total Liab39.0M25.2M31.7M29.3M42.6M54.3M
Property Plant And Equipment Gross33.0M29.6M29.5M27.8M50.1M30.1M
Short Long Term Debt1.5M1.3M1.5M1.5M1.3M1.3M
Total Current Assets100.6M83.7M88.5M87.7M103.2M101.9M
Accumulated Other Comprehensive Income(80.8M)(81.8M)(82.1M)(85.6M)(85.8M)(90.0M)
Short Term Debt1.5M6.3M4.6M4.0M6.8M10.4M
Intangible Assets45.2M6.4M5.7M5.1M4.4M4.2M
Common Stock439K451K469K24K25K23.8K
Property Plant Equipment38.0M24.4M29.5M23.3M26.8M26.3M
Current Deferred Revenue5.3M4M6.6M46K364K345.8K
Treasury Stock(652K)(809K)(1.0M)(1.4M)(1.3M)(1.2M)
Non Current Liabilities Other4.9M5.9M5.4M5.0M213K202.4K

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When determining whether NCS Multistage Holdings is a strong investment it is important to analyze NCS Multistage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NCS Multistage's future performance. For an informed investment choice regarding NCS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCS Multistage Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Oil & Gas Equipment & Services 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 NCS Multistage. If investors know NCS 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 NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Earnings Share
17.27
Revenue Per Share
60.575
Quarterly Revenue Growth
0.15
Return On Assets
(0.0007)
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage'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 NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage'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 NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage'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.