New Good Will vs Total Stockholder Equity Analysis
| NMFC Stock | USD 11.80 0.04 0.34% |
New Mountain financial indicator trend analysis is infinitely more than just investigating New Mountain Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Mountain Finance is a good investment. Please check the relationship between New Mountain Good Will and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Good Will vs Total Stockholder Equity
Good Will vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Mountain Finance Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between New Mountain's Good Will and Total Stockholder Equity is 0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of New Mountain Finance, assuming nothing else is changed. The correlation between historical values of New Mountain's Good Will 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 Good Will of New Mountain Finance 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 Good Will i.e., New Mountain's Good Will and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 New Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Mountain Finance 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 New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At present, New Mountain'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 0.28, whereas Issuance Of Capital Stock is forecasted to decline to about 6.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 203.6M | 13.1M | 258.1M | 271.0M | Total Revenue | 203.6M | 89.1M | 342.0M | 359.1M |
New Mountain fundamental ratios Correlations
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New Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Mountain fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.3B | 3.1B | 3.3B | 3.4B | 3.2B | 1.9B | |
| Total Current Liabilities | 18.3M | 42.4M | 25.3M | 316.9M | 158.5M | 286.8M | |
| Total Stockholder Equity | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B | 875.1M | |
| Net Debt | 1.9B | 1.7B | 1.8B | 1.9B | 1.7B | 1.8B | |
| Accounts Payable | 18.3M | 8.2M | 25.3M | 19.6M | 20.4M | 16.2M | |
| Cash | 48.6M | 79.0M | 58.1M | 71.2M | 70.1M | 66.6M | |
| Non Current Assets Total | 3.2B | 3.0B | 3.2B | 820.8M | 3.0B | 1.6B | |
| Cash And Short Term Investments | 48.6M | 79.0M | 58.1M | 2.5B | 70.1M | 66.6M | |
| Net Receivables | 32.1M | 37.5M | 30.9M | 36.2M | 44.2M | 42.0M | |
| Common Stock Shares Outstanding | 100.5M | 96.8M | 110.2M | 115.4M | 123.5M | 69.6M | |
| Liabilities And Stockholders Equity | 3.3B | 3.1B | 3.3B | 3.4B | 3.2B | 1.9B | |
| Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 877.5M | |
| Total Liab | 2.0B | 1.9B | 2.0B | 2.0B | 1.8B | 1.1B | |
| Total Current Assets | 80.7M | 116.5M | 88.9M | 2.5B | 114.3M | 108.6M | |
| Short Long Term Debt Total | 1.9B | 1.8B | 1.9B | 2.0B | 1.8B | 1.3B | |
| Other Current Liab | (18.3M) | (8.2M) | (25.3M) | 16.9M | (139.8M) | (132.8M) | |
| Other Liab | 3.5M | 2.1M | 2.5M | 11.6M | 10.4M | 6.6M | |
| Current Deferred Revenue | (183.4M) | (159.1M) | (176.1M) | (20.4M) | (18.4M) | (19.3M) | |
| Other Assets | 25.1M | 27.5M | 32.5M | 26.3M | 32.4M | 34.0M | |
| Other Current Assets | (80.7M) | (116.5M) | (88.9M) | 16.5M | (114.3M) | (108.6M) | |
| Short Term Debt | 201.6M | 201.5M | 201.4M | 316.9M | 119.4M | 177.3M | |
| Non Currrent Assets Other | (3.3B) | (101K) | (3.3B) | (5.8B) | (3.0B) | (2.9B) | |
| Accumulated Other Comprehensive Income | (96.7M) | (154.7M) | (70.9M) | (140.1M) | (162.8M) | (154.6M) | |
| Retained Earnings | (5.4M) | (48.8M) | 47.5M | 7.5M | (12.3M) | (11.7M) | |
| Net Tangible Assets | 1.3B | 1.2B | 1.3B | 1.3B | 1.5B | 1.2B | |
| Short Term Investments | 25.2M | 23.5M | 2.3B | 2.4B | 2.8B | 2.9B | |
| Non Current Liabilities Total | 1.9B | 1.8B | 1.9B | 1.7B | 2.9B | 3.1B | |
| Long Term Investments | 3.2B | 3.0B | 3.2B | 3.2B | 3.0B | 2.7B | |
| Net Invested Capital | 3.2B | 3.0B | 3.2B | 3.3B | 3.1B | 3.2B |
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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 New Mountain Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Mountain'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 New Mountain Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Mountain Finance Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 New Mountain. If investors know New 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 New Mountain 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 (0.19) | Dividend Share 1.28 | Earnings Share 1.04 | Revenue Per Share 3.557 | Quarterly Revenue Growth 0.01 |
The market value of New Mountain Finance is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Mountain's value that differs from its market value or its book value, called intrinsic value, which is New Mountain'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 New Mountain's market value can be influenced by many factors that don't directly affect New Mountain'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 New Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Mountain'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.