Nanalysis Long Term Debt vs Non Current Assets Total Analysis

NSCI Stock  CAD 0.33  0.01  2.94%   
Nanalysis Scientific financial indicator trend analysis is infinitely more than just investigating Nanalysis Scientific Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanalysis Scientific Corp is a good investment. Please check the relationship between Nanalysis Scientific Long Term Debt and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nanalysis Scientific Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanalysis Scientific Corp Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nanalysis Scientific's Long Term Debt and Non Current Assets Total is 0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Nanalysis Scientific Corp, assuming nothing else is changed. The correlation between historical values of Nanalysis Scientific's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nanalysis Scientific Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Nanalysis Scientific's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Nanalysis Scientific Corp has held for over one year. Long-term debt appears on Nanalysis Scientific Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nanalysis Scientific Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Nanalysis Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanalysis Scientific Corp 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 Nanalysis Scientific Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to drop to about 8 M in 2024. Tax Provision is likely to drop to about (11.6 K) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit10.2M10.5M4.0M6.8M
Total Revenue16.0M24.8M28.5M14.7M

Nanalysis Scientific fundamental ratios Correlations

0.320.890.980.88-0.750.970.410.860.620.880.98-0.170.840.860.730.95-0.70.980.880.920.890.610.980.930.77
0.320.20.420.38-0.010.40.660.52-0.010.110.3-0.510.140.52-0.080.45-0.540.470.380.530.350.030.190.120.05
0.890.20.840.93-0.950.90.220.930.890.850.89-0.150.990.920.940.85-0.560.850.950.810.970.860.910.960.96
0.980.420.840.91-0.680.930.580.880.560.840.92-0.240.780.880.650.98-0.770.980.90.940.880.570.920.860.71
0.880.380.930.91-0.850.860.50.970.80.850.81-0.330.910.970.830.92-0.750.871.00.910.970.830.830.880.89
-0.75-0.01-0.95-0.68-0.85-0.75-0.01-0.84-0.98-0.8-0.750.16-0.98-0.83-0.99-0.680.46-0.67-0.87-0.69-0.89-0.96-0.8-0.91-1.0
0.970.40.90.930.86-0.750.420.880.640.870.97-0.080.840.880.730.95-0.650.940.880.920.910.610.940.930.77
0.410.660.220.580.5-0.010.420.45-0.040.290.3-0.370.150.450.00.65-0.570.490.470.590.420.040.230.20.08
0.860.520.930.880.97-0.840.880.450.80.780.83-0.390.911.00.790.89-0.740.880.980.910.970.810.820.850.87
0.62-0.010.890.560.8-0.980.64-0.040.80.730.62-0.190.940.790.960.58-0.40.550.830.610.840.990.670.820.98
0.880.110.850.840.85-0.80.870.290.780.730.840.070.830.780.80.86-0.670.80.840.870.840.720.850.930.81
0.980.30.890.920.81-0.750.970.30.830.620.84-0.120.830.830.730.9-0.620.950.830.870.870.590.980.940.76
-0.17-0.51-0.15-0.24-0.330.16-0.08-0.37-0.39-0.190.07-0.12-0.17-0.39-0.04-0.210.38-0.26-0.32-0.33-0.23-0.29-0.13-0.07-0.17
0.840.140.990.780.91-0.980.840.150.910.940.830.83-0.170.910.970.79-0.530.780.940.770.960.920.860.940.99
0.860.520.920.880.97-0.830.880.451.00.790.780.83-0.390.910.790.89-0.740.880.980.910.960.810.820.850.87
0.73-0.080.940.650.83-0.990.730.00.790.960.80.73-0.040.970.790.67-0.380.640.850.640.880.940.780.90.99
0.950.450.850.980.92-0.680.950.650.890.580.860.9-0.210.790.890.67-0.750.940.920.950.910.60.870.860.72
-0.7-0.54-0.56-0.77-0.750.46-0.65-0.57-0.74-0.4-0.67-0.620.38-0.53-0.74-0.38-0.75-0.77-0.72-0.85-0.65-0.46-0.6-0.58-0.49
0.980.470.850.980.87-0.670.940.490.880.550.80.95-0.260.780.880.640.94-0.770.870.920.870.550.940.860.7
0.880.380.950.91.0-0.870.880.470.980.830.840.83-0.320.940.980.850.92-0.720.870.90.990.850.840.90.91
0.920.530.810.940.91-0.690.920.590.910.610.870.87-0.330.770.910.640.95-0.850.920.90.880.640.840.850.72
0.890.350.970.880.97-0.890.910.420.970.840.840.87-0.230.960.960.880.91-0.650.870.990.880.830.860.920.92
0.610.030.860.570.83-0.960.610.040.810.990.720.59-0.290.920.810.940.6-0.460.550.850.640.830.640.80.96
0.980.190.910.920.83-0.80.940.230.820.670.850.98-0.130.860.820.780.87-0.60.940.840.840.860.640.950.8
0.930.120.960.860.88-0.910.930.20.850.820.930.94-0.070.940.850.90.86-0.580.860.90.850.920.80.950.91
0.770.050.960.710.89-1.00.770.080.870.980.810.76-0.170.990.870.990.72-0.490.70.910.720.920.960.80.91
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Nanalysis Scientific Account Relationship Matchups

Nanalysis Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3M24.0M37.8M69.9M53.8M31.5M
Other Current Liab705K2.6M2.0M810K428K406.6K
Total Current Liabilities1.6M5.6M8.6M13.5M14.6M15.3M
Total Stockholder Equity15.1M14.3M24.0M35.1M23.5M17.8M
Net Tangible Assets7.9M14.5M13.8M22.0M25.2M26.5M
Retained Earnings(4.2M)(7.9M)(9.7M)(18.8M)(35.0M)(33.2M)
Accounts Payable678K2.6M4.4M5.8M5.1M3.0M
Cash6.6M3.2M10.4M3.5M759K721.1K
Other Assets3.8M5.9M12.1M12.5M14.4M15.1M
Long Term Debt1.0M2.8M2.7M3.8M12.6M13.2M
Net Receivables2.6M1.8M5.0M6.1M8.3M4.4M
Inventory857K2.8M3.7M7.4M5.8M3.2M
Other Stockholder Equity817.7K997.1K215K714K642.6K553.5K
Total Liab3.2M9.6M13.8M22.3M30.3M31.9M
Deferred Long Term Liab3.8M5.9M12.1M12.5M14.4M15.1M
Short Long Term Debt116K209K1.9M3.7M6.5M6.8M
Total Current Assets10.2M9.4M20.8M22.0M17.9M12.8M
Intangible Assets6.5M12.7M14.1M26.6M15.9M11.1M
Common Stock10.0M18.3M20.7M31.3M36.0M37.8M
Property Plant Equipment1.1M1.6M2.0M2.5M2.9M1.6M
Non Current Assets Total8.1M14.6M17.0M47.9M35.9M23.7M
Common Stock Shares Outstanding62.4M66.0M77.2M94.4M101.9M85.0M
Non Current Liabilities Total1.6M3.3M5.2M8.8M15.7M16.5M
Capital Lease Obligations371K752K1.3M3.3M2.9M1.6M
Net Invested Capital16.3M17.4M28.6M42.6M42.5M28.7M
Capital Stock18.3M20.7M31.3M49.0M53.2M33.4M
Net Working Capital8.5M3.0M12.1M8.4M3.3M3.2M

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