NELCO Intangible Assets vs Net Debt Analysis

NELCO Stock

754.30 15.25 1.98%

NELCO financial indicator trend analysis is infinitely more than just investigating NELCO Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NELCO Limited is a good investment. Please check the relationship between NELCO Intangible Assets and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NELCO Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Intangible Assets vs Net Debt

Intangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NELCO Limited Intangible Assets account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NELCO's Intangible Assets and Net Debt is -0.28. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of NELCO Limited, assuming nothing else is changed. The correlation between historical values of NELCO's Intangible Assets and Net 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 Intangible Assets of NELCO Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Intangible Assets i.e., NELCO's Intangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from NELCO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NELCO Limited 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 NELCO Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, NELCO's Discontinued Operations is very stable compared to the past year. As of the 3rd of March 2025, Tax Provision is likely to grow to about 118.8 M, while Selling General Administrative is likely to drop about 46.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.6B	2.3B	2.7B	1.4B
Total Revenue	3.1B	3.2B	3.7B	2.1B

Gross Profit Total Revenue

NELCO fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Common Stock Shares Outstanding	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.49	0.41	0.47	0.71	0.76	0.41	0.66	0.75	0.26	0.37	0.66	0.63	0.5	-0.09	0.72	0.82	0.44	0.85	-0.37	-0.12	0.49	0.42	0.48	0.6	-0.48
Short Long Term Debt Total	0.49		0.29	0.05	-0.08	0.22	0.98	-0.11	0.23	0.29	-0.11	0.83	0.53	0.76	-0.05	0.84	0.6	0.78	0.35	0.09	0.41	0.08	-0.24	-0.01	-0.17	0.21
Other Current Liab	0.41	0.29		-0.01	-0.02	-0.12	0.32	-0.05	-0.16	-0.12	-0.18	0.7	0.77	0.76	0.61	0.66	0.75	0.73	0.64	-0.09	0.33	0.09	-0.12	-0.26	-0.2	0.27
Total Current Liabilities	0.47	0.05	-0.01		0.4	0.56	-0.03	0.43	0.58	0.28	0.33	-0.07	-0.06	-0.21	-0.08	0.22	0.14	-0.24	0.38	-0.25	0.23	0.33	0.15	0.51	0.4	-0.22
Total Stockholder Equity	0.71	-0.08	-0.02	0.4		0.7	-0.16	0.97	0.7	0.15	0.72	0.06	0.18	-0.08	-0.37	0.07	0.32	-0.2	0.47	-0.62	-0.49	0.46	0.78	0.57	0.98	-0.88
Property Plant And Equipment Net	0.76	0.22	-0.12	0.56	0.7		0.15	0.63	0.99	0.34	0.35	0.23	0.02	-0.05	-0.38	0.37	0.31	-0.08	0.51	-0.31	-0.36	0.47	0.4	0.81	0.71	-0.58
Net Debt	0.41	0.98	0.32	-0.03	-0.16	0.15		-0.18	0.15	0.25	-0.27	0.84	0.52	0.78	0.04	0.82	0.56	0.79	0.32	0.14	0.39	0.04	-0.28	-0.04	-0.25	0.31
Cash	0.66	-0.11	-0.05	0.43	0.97	0.63	-0.18		0.63	0.11	0.7	0.0	0.19	-0.12	-0.36	0.02	0.29	-0.23	0.45	-0.59	-0.4	0.48	0.83	0.48	0.96	-0.89
Non Current Assets Total	0.75	0.23	-0.16	0.58	0.7	0.99	0.15	0.63		0.41	0.36	0.2	0.0	-0.07	-0.41	0.34	0.28	-0.1	0.47	-0.3	-0.36	0.41	0.4	0.83	0.71	-0.57
Non Currrent Assets Other	0.26	0.29	-0.12	0.28	0.15	0.34	0.25	0.11	0.41		0.12	0.11	-0.01	0.03	-0.2	0.15	0.02	0.06	-0.07	-0.21	0.13	-0.3	-0.07	0.31	0.15	0.07
Cash And Short Term Investments	0.37	-0.11	-0.18	0.33	0.72	0.35	-0.27	0.7	0.36	0.12		-0.16	-0.01	-0.2	-0.52	-0.15	0.1	-0.28	0.08	-0.57	-0.18	0.17	0.54	0.23	0.73	-0.78
Non Current Liabilities Total	0.66	0.83	0.7	-0.07	0.06	0.23	0.84	0.0	0.2	0.11	-0.16		0.82	0.95	0.24	0.94	0.88	0.94	0.66	-0.03	0.22	0.2	-0.1	-0.04	-0.09	0.14
Inventory	0.63	0.53	0.77	-0.06	0.18	0.02	0.52	0.19	0.0	-0.01	-0.01	0.82		0.87	0.37	0.73	0.93	0.84	0.76	-0.1	0.21	0.27	0.14	-0.26	0.02	-0.01
Other Current Assets	0.5	0.76	0.76	-0.21	-0.08	-0.05	0.78	-0.12	-0.07	0.03	-0.2	0.95	0.87		0.33	0.84	0.84	0.98	0.55	0.02	0.29	0.04	-0.16	-0.26	-0.24	0.25
Other Stockholder Equity	-0.09	-0.05	0.61	-0.08	-0.37	-0.38	0.04	-0.36	-0.41	-0.2	-0.52	0.24	0.37	0.33		0.24	0.25	0.35	0.26	-0.15	0.25	0.1	-0.11	-0.31	-0.49	0.56
Total Liab	0.72	0.84	0.66	0.22	0.07	0.37	0.82	0.02	0.34	0.15	-0.15	0.94	0.73	0.84	0.24		0.86	0.84	0.74	0.0	0.34	0.28	-0.15	0.1	-0.07	0.16
Total Current Assets	0.82	0.6	0.75	0.14	0.32	0.31	0.56	0.29	0.28	0.02	0.1	0.88	0.93	0.84	0.25	0.86		0.81	0.89	-0.15	0.17	0.37	0.15	0.0	0.16	-0.13
Common Stock	0.44	0.78	0.73	-0.24	-0.2	-0.08	0.79	-0.23	-0.1	0.06	-0.28	0.94	0.84	0.98	0.35	0.84	0.81		0.52	0.12	0.34	0.0	-0.26	-0.29	-0.35	0.34
Net Receivables	0.85	0.35	0.64	0.38	0.47	0.51	0.32	0.45	0.47	-0.07	0.08	0.66	0.76	0.55	0.26	0.74	0.89	0.52		-0.19	0.02	0.57	0.27	0.23	0.34	-0.27
Common Stock Shares Outstanding	-0.37	0.09	-0.09	-0.25	-0.62	-0.31	0.14	-0.59	-0.3	-0.21	-0.57	-0.03	-0.1	0.02	-0.15	0.0	-0.15	0.12	-0.19		0.28	-0.27	-0.57	-0.32	-0.56	0.47
Short Term Debt	-0.12	0.41	0.33	0.23	-0.49	-0.36	0.39	-0.4	-0.36	0.13	-0.18	0.22	0.21	0.29	0.25	0.34	0.17	0.34	0.02	0.28		-0.13	-0.48	-0.56	-0.54	0.56
Accounts Payable	0.49	0.08	0.09	0.33	0.46	0.47	0.04	0.48	0.41	-0.3	0.17	0.2	0.27	0.04	0.1	0.28	0.37	0.0	0.57	-0.27	-0.13		0.47	0.13	0.43	-0.45
Intangible Assets	0.42	-0.24	-0.12	0.15	0.78	0.4	-0.28	0.83	0.4	-0.07	0.54	-0.1	0.14	-0.16	-0.11	-0.15	0.15	-0.26	0.27	-0.57	-0.48	0.47		0.3	0.78	-0.75
Current Deferred Revenue	0.48	-0.01	-0.26	0.51	0.57	0.81	-0.04	0.48	0.83	0.31	0.23	-0.04	-0.26	-0.26	-0.31	0.1	0.0	-0.29	0.23	-0.32	-0.56	0.13	0.3		0.61	-0.4
Retained Earnings	0.6	-0.17	-0.2	0.4	0.98	0.71	-0.25	0.96	0.71	0.15	0.73	-0.09	0.02	-0.24	-0.49	-0.07	0.16	-0.35	0.34	-0.56	-0.54	0.43	0.78	0.61		-0.91
Other Liab	-0.48	0.21	0.27	-0.22	-0.88	-0.58	0.31	-0.89	-0.57	0.07	-0.78	0.14	-0.01	0.25	0.56	0.16	-0.13	0.34	-0.27	0.47	0.56	-0.45	-0.75	-0.4	-0.91

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NELCO Account Relationship Matchups

NELCO fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.5B	2.6B	2.6B	2.8B	3.2B	2.4B
Short Long Term Debt Total	896.2M	814.8M	631M	568.7M	511.8M	627.0M
Other Current Liab	204.4M	198.3M	196.8M	299.4M	269.5M	341.7M
Total Current Liabilities	1.3B	1.3B	1.2B	1.4B	1.6B	1.4B
Total Stockholder Equity	757.8M	890.5M	1.0B	1.2B	1.4B	1.5B
Property Plant And Equipment Net	1.1B	1.1B	920.9M	924.3M	1.1B	694.2M
Net Debt	804.6M	658.3M	469.4M	350.8M	315.7M	550.0M
Cash	91.6M	156.5M	161.6M	217.9M	250.6M	263.1M
Non Current Assets Total	1.5B	1.4B	1.2B	1.3B	1.5B	981.7M
Non Currrent Assets Other	442.6M	223.1M	135.7M	306.6M	352.6M	246.0M
Cash And Short Term Investments	91.6M	156.5M	200.9M	244.7M	281.4M	295.5M
Liabilities And Stockholders Equity	2.5B	2.6B	2.6B	2.8B	3.2B	2.4B
Non Current Liabilities Total	386M	410.4M	386.3M	190.2M	171.2M	162.6M
Inventory	113.8M	158.2M	212.7M	258.7M	232.8M	149.0M
Other Current Assets	44.4M	109.4M	161.3M	80.6M	72.5M	68.9M
Total Liab	1.7B	1.7B	1.6B	1.6B	1.4B	1.3B
Total Current Assets	993.5M	1.2B	1.4B	1.5B	1.4B	1.0B
Net Receivables	660.5M	811.8M	896.4M	931.6M	838.4M	651.3M
Short Term Debt	558.4M	404.8M	244.8M	378.5M	340.7M	442.0M
Accounts Payable	349.5M	534.9M	450.6M	352M	404.8M	405.0M
Intangible Assets	17.8M	39.4M	47.9M	46.2M	53.1M	55.8M
Current Deferred Revenue	409.4M	193.7M	298.3M	363.7M	418.3M	292.3M
Retained Earnings	503.4M	636.1M	790.5M	980.8M	1.1B	1.2B
Other Liab	35.1M	48.2M	400K	100K	90K	85.5K
Net Tangible Assets	639.4M	740M	851.1M	997.6M	1.1B	1.2B
Other Assets	428.4M	350.3M	268.2M	174.3M	200.4M	276.3M
Long Term Debt	151.4M	187.5M	186.2M	1.7M	2.0M	1.9M
Short Long Term Debt	373.3M	357.5M	193.2M	330.5M	297.5M	360.9M
Property Plant Equipment	1.2B	1.1B	1.1B	920.9M	1.1B	789.1M
Short Term Investments	166M	79.9M	39.3M	26.8M	30.8M	48.3M
Long Term Debt Total	357.4M	337.8M	410M	386.2M	444.1M	264.7M
Non Current Liabilities Other	1.1M	800K	400K	100K	90K	85.5K
Capital Lease Obligations	228M	269.8M	251.6M	236.5M	272.0M	176.3M
Net Invested Capital	1.3B	1.4B	1.4B	1.6B	1.8B	1.5B

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Other Information on Investing in NELCO Stock

Balance Sheet is a snapshot of the financial position of NELCO Limited at a specified time, usually calculated after every quarter, six months, or one year. NELCO Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NELCO and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NELCO currently owns. An asset can also be divided into two categories, current and non-current.

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NELCO Intangible Assets vs Net Debt Analysis

Intangible Assets vs Net Debt

Intangible Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Debt

NELCO fundamental ratios Correlations

NELCO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NELCO fundamental ratios Accounts

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Other Information on Investing in NELCO Stock

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COMPANY

Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Debt	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.98	Other Current Assets
Cash	+ 0.97	Total Stockholder Equity
Retained Earnings	+ 0.96	Cash

Other Liab	- 0.91	Retained Earnings
Other Liab	- 0.89	Cash
Other Liab	- 0.88	Total Stockholder Equity
Other Liab	- 0.78	Cash And Short Term Investments
Other Liab	- 0.75	Intangible Assets
Common Stock Shares Outstanding	- 0.62	Total Stockholder Equity