Nisun Total Assets vs Net Tangible Assets Analysis

NISN Stock  USD 8.53  0.13  1.55%   
Nisun International financial indicator trend analysis is infinitely more than just investigating Nisun International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nisun International is a good investment. Please check the relationship between Nisun International Total Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nisun International Enterprise. 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.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nisun International Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Nisun International's Total Assets and Net Tangible Assets is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Nisun International Enterprise, assuming nothing else is changed. The correlation between historical values of Nisun International's Total Assets and Net Tangible Assets 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 Nisun International Enterprise are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Nisun International's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Nisun International 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 Nisun International 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Nisun International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nisun International 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 Nisun International Enterprise. 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.
At this time, Nisun International's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 6.1 M, though Discontinued Operations is likely to grow to (19.6 M).
 2021 2023 2024 (projected)
Interest Expense2.5M2.8M3.1M
Depreciation And Amortization1.2M1.3M1.1M

Nisun International fundamental ratios Correlations

0.930.751.01.0-0.490.82-0.910.820.980.970.820.210.940.670.950.850.861.01.01.00.890.060.970.99-0.06
0.930.730.910.94-0.60.68-0.820.710.860.90.880.230.870.680.90.730.750.960.910.910.990.180.920.89-0.06
0.750.730.730.76-0.420.28-0.90.710.670.840.770.320.880.930.630.330.340.770.730.740.750.240.780.70.07
1.00.910.730.99-0.50.84-0.910.810.990.970.790.190.940.650.930.860.870.991.01.00.870.010.951.0-0.06
1.00.940.760.99-0.490.81-0.910.830.970.970.830.210.940.680.950.840.861.00.990.990.90.090.970.99-0.06
-0.49-0.6-0.42-0.5-0.49-0.340.59-0.19-0.51-0.59-0.430.27-0.6-0.33-0.33-0.37-0.31-0.55-0.5-0.5-0.660.38-0.34-0.510.33
0.820.680.280.840.81-0.34-0.60.690.890.710.5-0.030.630.220.851.00.970.790.840.830.59-0.220.740.86-0.19
-0.91-0.82-0.9-0.91-0.910.59-0.6-0.76-0.89-0.98-0.73-0.06-0.99-0.79-0.76-0.64-0.63-0.91-0.9-0.92-0.830.06-0.87-0.910.17
0.820.710.710.810.83-0.190.69-0.760.80.760.80.320.730.690.870.710.680.80.820.820.640.20.850.80.05
0.980.860.670.990.97-0.510.89-0.890.80.950.710.090.910.570.910.910.90.970.990.990.81-0.090.921.0-0.14
0.970.90.840.970.97-0.590.71-0.980.760.950.770.090.990.720.850.740.750.970.960.970.89-0.030.930.96-0.15
0.820.880.770.790.83-0.430.5-0.730.80.710.770.50.750.730.820.560.570.840.790.780.850.320.850.750.24
0.210.230.320.190.210.27-0.03-0.060.320.090.090.50.090.410.280.010.060.20.20.150.160.680.290.120.93
0.940.870.880.940.94-0.60.63-0.990.730.910.990.750.090.760.790.670.680.940.930.940.88-0.010.90.93-0.15
0.670.680.930.650.68-0.330.22-0.790.690.570.720.730.410.760.60.260.240.680.650.650.70.390.720.610.15
0.950.90.630.930.95-0.330.85-0.760.870.910.850.820.280.790.60.880.890.940.940.930.830.190.950.920.0
0.850.730.330.860.84-0.371.0-0.640.710.910.740.560.010.670.260.880.980.830.870.860.64-0.190.780.88-0.16
0.860.750.340.870.86-0.310.97-0.630.680.90.750.570.060.680.240.890.980.840.880.870.66-0.090.810.89-0.14
1.00.960.770.991.0-0.550.79-0.910.80.970.970.840.20.940.680.940.830.840.990.990.920.060.960.98-0.07
1.00.910.731.00.99-0.50.84-0.90.820.990.960.790.20.930.650.940.870.880.991.00.870.020.960.99-0.05
1.00.910.741.00.99-0.50.83-0.920.820.990.970.780.150.940.650.930.860.870.991.00.870.020.961.0-0.11
0.890.990.750.870.9-0.660.59-0.830.640.810.890.850.160.880.70.830.640.660.920.870.870.160.880.85-0.13
0.060.180.240.010.090.38-0.220.060.2-0.09-0.030.320.68-0.010.390.19-0.19-0.090.060.020.020.160.2-0.030.47
0.970.920.780.950.97-0.340.74-0.870.850.920.930.850.290.90.720.950.780.810.960.960.960.880.20.940.0
0.990.890.71.00.99-0.510.86-0.910.81.00.960.750.120.930.610.920.880.890.980.991.00.85-0.030.94-0.13
-0.06-0.060.07-0.06-0.060.33-0.190.170.05-0.14-0.150.240.93-0.150.150.0-0.16-0.14-0.07-0.05-0.11-0.130.470.0-0.13
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Nisun International Account Relationship Matchups

Nisun International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.8M108.1M274.0M283.4M325.9M342.2M
Short Long Term Debt Total4.0M11.9M11.8M11.9M13.7M14.4M
Other Current Liab22.4M23.3M64.9M36.5M27.7M23.9M
Total Current Liabilities28.2M26.8M88.7M90.5M104.0M109.2M
Total Stockholder Equity53.9M76.8M180.6M185.6M213.5M224.2M
Property Plant And Equipment Net13.8M2.1M943.6K4.1M3.7M7.0M
Current Deferred Revenue1.3M11.6K3.4M21.8M25.1M26.4M
Net Debt508.1K(10.2M)(79.6M)(52.0M)(46.8M)(44.5M)
Retained Earnings27.5M14.4M37.8M62.4M53.2M31.1M
Accounts Payable2.4M1.3M35.0M40.9M47.1M49.4M
Cash3.5M22.1M91.4M63.9M73.5M77.2M
Non Current Assets Total41.1M47.7M46.2M52.5M60.4M31.7M
Non Currrent Assets Other46.1K43.6K5.4M1.01.151.09
Cash And Short Term Investments3.5M26.8M132.1M75.6M86.9M91.3M
Net Receivables36.1M32.5M78.3M62.4M18.9M31.8M
Common Stock Shares Outstanding1.6M1.9M2.2M4.0M4.0M4.2M
Liabilities And Stockholders Equity84.8M108.1M274.0M283.4M325.9M342.2M
Inventory636.0K62.9K4.0M31.6M36.4M38.2M
Other Current Assets3.5M971.8K13.4M61.3M104.8M110.0M
Other Stockholder Equity28.4M59.5M130.2M130.1M149.7M157.2M
Total Liab30.9M28.2M89.4M93.6M107.7M113.0M
Total Current Assets43.7M60.4M227.8M230.9M265.5M278.8M
Accumulated Other Comprehensive Income(1.9M)3.6M50.4M55.4M63.8M66.9M
Short Term Debt2.1M11.3M11.7M9.5M10.9M11.4M
Common Stock17.7K20.6K39.8K40.1K46.1K48.4K
Net Tangible Assets38.7M47.9M152.0M160.0M184.0M193.2M
Other Assets(1.0)24.5M456.4K310.6K357.2K339.3K
Non Current Liabilities Total2.6M1.4M653.0K3.2M3.6M3.8M
Short Long Term Debt1.9M10.5M11.3M8.5M2.0M1.9M
Property Plant Equipment789.7K2.1M943.6K4.1M3.7M5.3M
Net Invested Capital55.9M87.4M191.9M194.1M200.8M127.8M
Net Working Capital15.5M33.6M139.1M140.4M182.2M191.3M
Short Term Investments0.04.7M40.7M11.7M13.5M12.6M
Long Term Investments3.7M16.2M16.6M22.5M368.5K350.1K
Capital Stock17.7K20.6K39.8K40.1K40.2K32.0K
When determining whether Nisun International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nisun International'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 Nisun International Enterprise Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisun International Enterprise Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nisun International Enterprise. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Asset Management & Custody Banks 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 Nisun International. If investors know Nisun 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 Nisun International 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
(0.09)
Earnings Share
4.2
Revenue Per Share
114.548
Quarterly Revenue Growth
0.517
Return On Assets
0.0514
The market value of Nisun International is measured differently than its book value, which is the value of Nisun that is recorded on the company's balance sheet. Investors also form their own opinion of Nisun International's value that differs from its market value or its book value, called intrinsic value, which is Nisun International'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 Nisun International's market value can be influenced by many factors that don't directly affect Nisun International'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 Nisun International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nisun International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nisun International'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.