NCS Other Operating Expenses vs Net Interest Income 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 Other Operating Expenses and its Net Interest Income 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.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCS Multistage Holdings Other Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NCS Multistage's Other Operating Expenses and Net Interest Income is 0.56. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income 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 Other Operating Expenses and Net Interest Income 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 Operating Expenses of NCS Multistage Holdings are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., NCS Multistage's Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NCS Multistage Holdings. It is also known as NCS Multistage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 Amortization | 4.6M | 4.4M | Interest Income | 2.6M | 2.5M |
NCS Multistage fundamental ratios Correlations
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NCS Multistage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NCS Multistage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 2.3M | 2.4M | 2.4M | 2.4M | 2.5M | 4.2M | |
Total Assets | 202.6M | 138.7M | 142.3M | 138.6M | 152.0M | 189.1M | |
Short Long Term Debt Total | 12.9M | 11.6M | 13.2M | 12.9M | 13.5M | 25.9M | |
Other Current Liab | 4.4M | 2.9M | 7.4M | 5.6M | 18.7M | 19.6M | |
Total Current Liabilities | 19.8M | 14.9M | 19.8M | 17.7M | 32.1M | 22.9M | |
Total Stockholder Equity | 144.6M | 93.6M | 92.6M | 91.0M | 91.6M | 124.1M | |
Other Liab | 4.3M | 1.9M | 1.7M | 1.5M | 1.4M | 1.3M | |
Net Tangible Assets | 84.1M | 72.0M | 71.6M | 70.7M | 81.3M | 85.4M | |
Property Plant And Equipment Net | 33.0M | 29.6M | 29.5M | 27.8M | 28.2M | 27.4M | |
Net Debt | 1.7M | (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 Payable | 8.5M | 4.9M | 7.5M | 7.5M | 6.2M | 5.8M | |
Cash | 11.2M | 15.5M | 22.2M | 16.2M | 16.7M | 15.0M | |
Non Current Assets Total | 102.0M | 55.0M | 53.8M | 50.9M | 48.8M | 46.4M | |
Non Currrent Assets Other | 8.5M | 3.6M | 3.1M | 2.8M | 937K | 890.2K | |
Other Assets | 3.5M | 8.9M | 3.3M | 2.8M | 3.2M | 4.6M | |
Long Term Debt | 11.4M | 4.4M | 6.3M | 6.4M | 5.8M | 5.5M | |
Cash And Short Term Investments | 11.2M | 15.5M | 22.2M | 16.2M | 16.7M | 15.0M | |
Net Receivables | 47.0M | 30.3M | 29.1M | 31.6M | 43.0M | 31.0M | |
Common Stock Total Equity | 439K | 451K | 469K | 24K | 21.6K | 20.5K | |
Long Term Debt Total | 11.4M | 4.4M | 6.3M | 6.4M | 5.8M | 5.5M | |
Liabilities And Stockholders Equity | 202.6M | 138.7M | 142.3M | 138.6M | 152.0M | 189.1M | |
Non Current Liabilities Total | 19.3M | 10.3M | 11.8M | 11.6M | 10.6M | 10.1M | |
Capital Surpluse | 424.6M | 432.8M | 437.0M | 440.5M | 506.5M | 415.2M | |
Inventory | 39.9M | 34.9M | 33.9M | 37.0M | 41.6M | 35.8M | |
Other Current Assets | 2.4M | 6.0M | 6.6M | 2.8M | 1.9M | 3.7M | |
Other Stockholder Equity | 424.0M | 432.0M | 436.0M | 439.1M | 443.0M | 422.6M | |
Total Liab | 39.0M | 25.2M | 31.7M | 29.3M | 42.6M | 54.3M | |
Property Plant And Equipment Gross | 33.0M | 29.6M | 29.5M | 27.8M | 50.1M | 30.1M | |
Short Long Term Debt | 1.5M | 1.3M | 1.5M | 1.5M | 1.3M | 1.3M | |
Total Current Assets | 100.6M | 83.7M | 88.5M | 87.7M | 103.2M | 101.9M | |
Accumulated Other Comprehensive Income | (80.8M) | (81.8M) | (82.1M) | (85.6M) | (85.8M) | (90.0M) | |
Short Term Debt | 1.5M | 6.3M | 4.6M | 4.0M | 6.8M | 10.4M | |
Intangible Assets | 45.2M | 6.4M | 5.7M | 5.1M | 4.4M | 4.2M | |
Common Stock | 439K | 451K | 469K | 24K | 25K | 23.8K | |
Property Plant Equipment | 38.0M | 24.4M | 29.5M | 23.3M | 26.8M | 26.3M | |
Current Deferred Revenue | 5.3M | 4M | 6.6M | 46K | 364K | 345.8K | |
Treasury Stock | (652K) | (809K) | (1.0M) | (1.4M) | (1.3M) | (1.2M) | |
Non Current Liabilities Other | 4.9M | 5.9M | 5.4M | 5.0M | 213K | 202.4K |
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Try AI Portfolio ArchitectCheck 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.