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 Direction | Positive |
Relationship Strength | Very 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 Expense | 2.5M | 2.8M | 3.1M | Depreciation And Amortization | 1.2M | 1.3M | 1.1M |
Nisun International fundamental ratios Correlations
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Nisun International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nisun International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 84.8M | 108.1M | 274.0M | 283.4M | 325.9M | 342.2M | |
Short Long Term Debt Total | 4.0M | 11.9M | 11.8M | 11.9M | 13.7M | 14.4M | |
Other Current Liab | 22.4M | 23.3M | 64.9M | 36.5M | 27.7M | 23.9M | |
Total Current Liabilities | 28.2M | 26.8M | 88.7M | 90.5M | 104.0M | 109.2M | |
Total Stockholder Equity | 53.9M | 76.8M | 180.6M | 185.6M | 213.5M | 224.2M | |
Property Plant And Equipment Net | 13.8M | 2.1M | 943.6K | 4.1M | 3.7M | 7.0M | |
Current Deferred Revenue | 1.3M | 11.6K | 3.4M | 21.8M | 25.1M | 26.4M | |
Net Debt | 508.1K | (10.2M) | (79.6M) | (52.0M) | (46.8M) | (44.5M) | |
Retained Earnings | 27.5M | 14.4M | 37.8M | 62.4M | 53.2M | 31.1M | |
Accounts Payable | 2.4M | 1.3M | 35.0M | 40.9M | 47.1M | 49.4M | |
Cash | 3.5M | 22.1M | 91.4M | 63.9M | 73.5M | 77.2M | |
Non Current Assets Total | 41.1M | 47.7M | 46.2M | 52.5M | 60.4M | 31.7M | |
Non Currrent Assets Other | 46.1K | 43.6K | 5.4M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 3.5M | 26.8M | 132.1M | 75.6M | 86.9M | 91.3M | |
Net Receivables | 36.1M | 32.5M | 78.3M | 62.4M | 18.9M | 31.8M | |
Common Stock Shares Outstanding | 1.6M | 1.9M | 2.2M | 4.0M | 4.0M | 4.2M | |
Liabilities And Stockholders Equity | 84.8M | 108.1M | 274.0M | 283.4M | 325.9M | 342.2M | |
Inventory | 636.0K | 62.9K | 4.0M | 31.6M | 36.4M | 38.2M | |
Other Current Assets | 3.5M | 971.8K | 13.4M | 61.3M | 104.8M | 110.0M | |
Other Stockholder Equity | 28.4M | 59.5M | 130.2M | 130.1M | 149.7M | 157.2M | |
Total Liab | 30.9M | 28.2M | 89.4M | 93.6M | 107.7M | 113.0M | |
Total Current Assets | 43.7M | 60.4M | 227.8M | 230.9M | 265.5M | 278.8M | |
Accumulated Other Comprehensive Income | (1.9M) | 3.6M | 50.4M | 55.4M | 63.8M | 66.9M | |
Short Term Debt | 2.1M | 11.3M | 11.7M | 9.5M | 10.9M | 11.4M | |
Common Stock | 17.7K | 20.6K | 39.8K | 40.1K | 46.1K | 48.4K | |
Net Tangible Assets | 38.7M | 47.9M | 152.0M | 160.0M | 184.0M | 193.2M | |
Other Assets | (1.0) | 24.5M | 456.4K | 310.6K | 357.2K | 339.3K | |
Non Current Liabilities Total | 2.6M | 1.4M | 653.0K | 3.2M | 3.6M | 3.8M | |
Short Long Term Debt | 1.9M | 10.5M | 11.3M | 8.5M | 2.0M | 1.9M | |
Property Plant Equipment | 789.7K | 2.1M | 943.6K | 4.1M | 3.7M | 5.3M | |
Net Invested Capital | 55.9M | 87.4M | 191.9M | 194.1M | 200.8M | 127.8M | |
Net Working Capital | 15.5M | 33.6M | 139.1M | 140.4M | 182.2M | 191.3M | |
Short Term Investments | 0.0 | 4.7M | 40.7M | 11.7M | 13.5M | 12.6M | |
Long Term Investments | 3.7M | 16.2M | 16.6M | 22.5M | 368.5K | 350.1K | |
Capital Stock | 17.7K | 20.6K | 39.8K | 40.1K | 40.2K | 32.0K |
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.