Noah Total Assets vs Net Tangible Assets Analysis
NOAH Stock | USD 11.49 0.28 2.38% |
Noah Holdings financial indicator trend analysis is infinitely more than just investigating Noah Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Noah Holdings is a good investment. Please check the relationship between Noah Holdings 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 Noah Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.
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 Noah Holdings Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Noah Holdings' Total Assets and Net Tangible Assets is 0.89. 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 Noah Holdings, assuming nothing else is changed. The correlation between historical values of Noah Holdings' 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 Noah Holdings 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., Noah Holdings' Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Noah Holdings 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 Noah Holdings 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 Noah Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Noah Holdings 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 Noah Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.The current Selling General Administrative is estimated to decrease to about 237 M. The current Tax Provision is estimated to decrease to about 245.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 601.3M | 155.2M | 178.5M | 182.0M | Depreciation And Amortization | 146.6M | 156.0M | 158.1M | 166.0M |
Noah Holdings fundamental ratios Correlations
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Noah Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Noah Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 9.4B | 10.9B | 11.8B | 12.7B | 13.3B | |
Other Current Liab | 721.9M | 1.5B | 1.9B | 1.6B | 1.6B | 1.7B | |
Total Current Liabilities | 1.5B | 1.8B | 2.3B | 1.9B | 1.9B | 1.1B | |
Total Stockholder Equity | 7.9B | 7.3B | 8.1B | 9.4B | 10.3B | 10.8B | |
Property Plant And Equipment Net | 648.5M | 522.8M | 2.8B | 2.7B | 2.6B | 2.8B | |
Current Deferred Revenue | 100.7M | 71.6M | 63.6M | 68.0M | 103.0M | 90.1M | |
Net Debt | (4.0B) | (4.7B) | (3.3B) | (4.2B) | (5.1B) | (4.8B) | |
Retained Earnings | 4.7B | 4.0B | 5.2B | 5.6B | 6.4B | 6.8B | |
Cash | 4.4B | 5.0B | 3.4B | 4.4B | 5.2B | 5.5B | |
Non Current Assets Total | 3.0B | 2.7B | 5.4B | 5.5B | 5.6B | 5.8B | |
Cash And Short Term Investments | 5.1B | 5.1B | 3.5B | 4.7B | 5.6B | 5.9B | |
Net Receivables | 1.5B | 914.4M | 1.2B | 912.3M | 826.3M | 675.5M | |
Common Stock Shares Outstanding | 61.8M | 62.0M | 67.6M | 68.4M | 69.5M | 62.1M | |
Short Term Investments | 671.3M | 114.9M | 92.8M | 316.0M | 379.5M | 262.2M | |
Liabilities And Stockholders Equity | 9.8B | 9.4B | 10.9B | 11.8B | 12.7B | 13.3B | |
Non Current Liabilities Total | 422.6M | 318.9M | 465.1M | 392.7M | 366.6M | 271.9M | |
Inventory | 6.6M | 10.0M | 510K | 23.2M | 1.0 | 0.95 | |
Other Current Assets | 243.7M | 668.6M | 810.7M | 685.0M | 719.2M | 755.1M | |
Other Stockholder Equity | 3.0B | 3.3B | 3.1B | 3.8B | 3.8B | 4.0B | |
Total Liab | 1.9B | 2.1B | 2.7B | 2.3B | 2.3B | 1.4B | |
Total Current Assets | 6.8B | 6.7B | 5.5B | 6.3B | 7.1B | 3.7B | |
Accumulated Other Comprehensive Income | 97.0M | (79.1M) | (140.0M) | (2.5M) | 74.6M | 78.3M | |
Common Stock | 101K | 103K | 104K | 105K | 110K | 94.7K | |
Other Liab | 59.8M | 46.7M | 334.2M | 309.5M | 356.0M | 373.8M | |
Non Currrent Assets Other | 67.2M | 148.3M | 161.8M | 124.1M | 610.1M | 640.6M | |
Other Assets | 269.5M | 372.5M | 497.7M | 560.6M | 644.6M | 676.9M | |
Property Plant Equipment | 648.5M | 522.8M | 2.8B | 2.7B | 3.1B | 3.2B | |
Accounts Payable | 670.8M | 53.6M | 71.6M | 117.1M | 104.5M | 99.3M | |
Short Term Debt | 11.7M | 86.5M | 91.3M | 84.4M | 61.8M | 99.8M | |
Net Tangible Assets | 5.8B | 7.0B | 7.3B | 8.1B | 9.4B | 4.8B | |
Long Term Investments | 2.2B | 1.8B | 2.1B | 2.3B | 2.3B | 1.6B | |
Short Long Term Debt Total | 362.8M | 272.2M | 131.0M | 167.5M | 138.4M | 263.5M | |
Capital Lease Obligations | 374.4M | 272.2M | 131.0M | 83.2M | 138.4M | 122.1M | |
Non Current Liabilities Other | 3.4M | 855K | 100.0M | 59.8M | 27.7M | 39.1M | |
Net Invested Capital | 7.0B | 7.2B | 8.0B | 9.4B | 10.3B | 8.3B |
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When determining whether Noah Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noah Holdings' 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 Noah Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noah Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noah Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Noah Holdings. If investors know Noah 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 Noah Holdings 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 (0.69) | Dividend Share 7.75 | Earnings Share 1.35 | Revenue Per Share 40.352 | Quarterly Revenue Growth (0.35) |
The market value of Noah Holdings is measured differently than its book value, which is the value of Noah that is recorded on the company's balance sheet. Investors also form their own opinion of Noah Holdings' value that differs from its market value or its book value, called intrinsic value, which is Noah Holdings' 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 Noah Holdings' market value can be influenced by many factors that don't directly affect Noah Holdings' 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 Noah Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Noah Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noah Holdings' 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.