Nice Treasury Stock vs Total Stockholder Equity Analysis
NICE Stock | USD 176.16 4.85 2.83% |
Nice financial indicator trend analysis is infinitely more than just investigating Nice Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nice Ltd ADR is a good investment. Please check the relationship between Nice Treasury Stock and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Treasury Stock vs Total Stockholder Equity
Treasury Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nice Ltd ADR Treasury Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Nice's Treasury Stock and Total Stockholder Equity is -0.78. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Nice Ltd ADR, assuming nothing else is changed. The correlation between historical values of Nice's Treasury Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Nice Ltd ADR are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Treasury Stock i.e., Nice's Treasury Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Treasury Stock
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Nice's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nice Ltd ADR 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 Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Nice's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.12, whereas Discontinued Operations is projected to grow to (6.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.5B | 1.6B | 1.7B | Total Revenue | 1.9B | 2.2B | 2.4B | 2.5B |
Nice fundamental ratios Correlations
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Nice Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Nice fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 4.2B | 4.7B | 4.9B | 5.1B | 5.4B | |
Other Current Liab | 391.7M | 417.2M | 487.5M | 523.5M | 528.7M | 555.1M | |
Total Current Liabilities | 689.4M | 1.0B | 1.2B | 1.1B | 1.1B | 1.2B | |
Total Stockholder Equity | 2.3B | 2.6B | 2.8B | 3.0B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 247.8M | 234.9M | 230.7M | 262.2M | 279.0M | 292.9M | |
Net Debt | 361.6M | 353.6M | 499.9M | 247.9M | 271.2M | 284.7M | |
Retained Earnings | 1.3B | 1.5B | 1.7B | 1.9B | 2.3B | 2.4B | |
Accounts Payable | 30.4M | 33.1M | 36.1M | 56.0M | 66.0M | 69.3M | |
Cash | 228.3M | 442.3M | 378.7M | 529.6M | 511.8M | 537.4M | |
Non Current Assets Total | 2.7B | 2.3B | 2.4B | 2.4B | 2.8B | 2.9B | |
Non Currrent Assets Other | 124.0M | 153.7M | 224.4M | 231.5M | 219.3M | 230.3M | |
Cash And Short Term Investments | 439.1M | 1.5B | 1.4B | 1.6B | 1.4B | 1.5B | |
Net Receivables | 319.6M | 308.9M | 395.6M | 519.4M | 585.2M | 614.4M | |
Common Stock Shares Outstanding | 64.7M | 66.0M | 66.9M | 66.5M | 66.3M | 53.5M | |
Liabilities And Stockholders Equity | 3.6B | 4.2B | 4.7B | 4.9B | 5.1B | 5.4B | |
Non Current Liabilities Total | 663.3M | 600.0M | 602.9M | 656.5M | 642.8M | 675.0M | |
Inventory | 3.4M | 168.3M | 427.1M | 122.3M | 140.7M | 147.7M | |
Other Current Assets | 4.2M | 175.3M | 477.5M | 326.2M | 319.9M | 335.9M | |
Other Stockholder Equity | 1.0B | 1.1B | 1.2B | 1.2B | 1.1B | 703.3M | |
Total Liab | 1.4B | 1.6B | 1.8B | 1.8B | 1.8B | 1.9B | |
Property Plant And Equipment Gross | 247.8M | 234.9M | 230.7M | 262.2M | 708.7M | 744.1M | |
Total Current Assets | 875.7M | 1.9B | 2.3B | 2.4B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | (33.3M) | (16.7M) | (39.7M) | (111.3M) | (59.1M) | (56.2M) | |
Short Long Term Debt Total | 589.9M | 795.9M | 878.5M | 777.5M | 783.0M | 537.4M | |
Short Term Debt | 21.5M | 282.3M | 415.5M | 222.8M | 223.0M | 181.5M | |
Short Term Investments | 210.8M | 1.0B | 1.0B | 1.0B | 896.0M | 940.8M | |
Other Liab | 109.9M | 94.9M | 86.4M | 92.4M | 106.3M | 111.6M | |
Other Assets | 86.4M | 154.5M | 186.4M | 273.3M | 314.3M | 330.1M | |
Good Will | 1.4B | 1.5B | 1.6B | 1.6B | 1.8B | 1.9B | |
Intangible Assets | 411.0M | 366.0M | 295.4M | 209.6M | 305.5M | 228.5M | |
Property Plant Equipment | 87.5M | 184.2M | 164.8M | 230.7M | 265.3M | 278.6M | |
Current Deferred Revenue | 245.8M | 311.9M | 330.5M | 338.9M | 302.6M | 213.1M | |
Net Tangible Assets | 89.3M | 404.2M | 624.5M | 923.0M | 1.1B | 1.1B | |
Long Term Debt | 213.3M | 421.3M | 429.3M | 455.4M | 457.1M | 338.6M | |
Deferred Long Term Liab | 57.7M | 79.3M | 94.1M | 138.3M | 159.1M | 94.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Nice. If investors know Nice 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 Nice 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 0.344 | Earnings Share 6.47 | Revenue Per Share 1.6083 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0606 |
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.