Nalwa Other Current Assets vs Total Stockholder Equity Analysis

NSIL Stock   8,582  140.45  1.61%   
Nalwa Sons financial indicator trend analysis is infinitely more than just investigating Nalwa Sons Investments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nalwa Sons Investments is a good investment. Please check the relationship between Nalwa Sons Other Current Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nalwa Sons Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nalwa Sons Investments Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nalwa Sons' Other Current Assets and Total Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Nalwa Sons Investments, assuming nothing else is changed. The correlation between historical values of Nalwa Sons' Other Current Assets 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 Other Current Assets of Nalwa Sons Investments 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 Other Current Assets i.e., Nalwa Sons' Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Nalwa Sons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nalwa Sons Investments 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 Nalwa Sons Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 202.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit596.6M1.2B769.5M466.0M
Total Revenue753.7M1.3B884.0M517.6M

Nalwa Sons fundamental ratios Correlations

1.0-0.190.030.80.78-0.180.38-0.770.920.02-0.740.81-0.62-0.75-0.880.730.370.060.160.820.990.680.830.980.96
1.0-0.190.040.80.79-0.170.37-0.770.920.02-0.750.81-0.62-0.76-0.890.730.360.080.170.830.990.680.840.970.96
-0.19-0.19-0.13-0.08-0.1-0.01-0.070.1-0.26-0.620.17-0.10.170.190.22-0.17-0.1-0.1-0.07-0.13-0.18-0.21-0.13-0.19-0.22
0.030.04-0.13-0.18-0.170.390.140.160.00.01-0.36-0.17-0.43-0.38-0.23-0.24-0.171.00.850.13-0.050.420.13-0.040.09
0.80.8-0.08-0.180.97-0.17-0.23-0.950.73-0.01-0.411.0-0.2-0.43-0.640.89-0.18-0.15-0.020.950.760.290.950.690.66
0.780.79-0.1-0.170.97-0.16-0.22-0.850.710.02-0.40.97-0.22-0.43-0.630.86-0.17-0.14-0.020.930.740.340.930.680.65
-0.18-0.17-0.010.39-0.17-0.16-0.190.16-0.14-0.15-0.16-0.17-0.19-0.16-0.04-0.24-0.240.39-0.11-0.05-0.270.15-0.05-0.27-0.16
0.380.37-0.070.14-0.23-0.22-0.190.210.350.0-0.49-0.22-0.61-0.46-0.38-0.160.950.160.18-0.180.450.56-0.170.530.51
-0.77-0.770.10.16-0.95-0.850.160.21-0.7-0.020.39-0.950.170.410.6-0.850.170.130.0-0.91-0.73-0.22-0.91-0.66-0.64
0.920.92-0.260.00.730.71-0.140.35-0.70.07-0.750.74-0.64-0.77-0.870.670.370.030.110.740.910.70.740.920.93
0.020.02-0.620.01-0.010.02-0.150.0-0.020.070.160.010.140.130.060.160.03-0.03-0.010.010.04-0.090.00.030.01
-0.74-0.750.17-0.36-0.41-0.4-0.16-0.490.39-0.750.16-0.420.971.00.95-0.28-0.4-0.4-0.33-0.53-0.71-0.97-0.54-0.77-0.87
0.810.81-0.1-0.171.00.97-0.17-0.22-0.950.740.01-0.42-0.21-0.44-0.650.89-0.17-0.14-0.010.950.770.310.950.70.68
-0.62-0.620.17-0.43-0.2-0.22-0.19-0.610.17-0.640.140.97-0.210.960.86-0.08-0.49-0.47-0.37-0.34-0.59-0.98-0.35-0.68-0.79
-0.75-0.760.19-0.38-0.43-0.43-0.16-0.460.41-0.770.131.0-0.440.960.96-0.31-0.36-0.42-0.35-0.56-0.71-0.97-0.57-0.77-0.87
-0.88-0.890.22-0.23-0.64-0.63-0.04-0.380.6-0.870.060.95-0.650.860.96-0.57-0.33-0.27-0.26-0.72-0.85-0.9-0.73-0.88-0.95
0.730.73-0.17-0.240.890.86-0.24-0.16-0.850.670.16-0.280.89-0.08-0.31-0.57-0.08-0.22-0.070.820.710.190.820.640.6
0.370.36-0.1-0.17-0.18-0.17-0.240.950.170.370.03-0.4-0.17-0.49-0.36-0.33-0.08-0.16-0.13-0.220.460.44-0.220.540.49
0.060.08-0.11.0-0.15-0.140.390.160.130.03-0.03-0.4-0.14-0.47-0.42-0.27-0.22-0.160.860.16-0.020.460.160.00.12
0.160.17-0.070.85-0.02-0.02-0.110.180.00.11-0.01-0.33-0.01-0.37-0.35-0.26-0.07-0.130.860.250.110.380.250.120.2
0.820.83-0.130.130.950.93-0.05-0.18-0.910.740.01-0.530.95-0.34-0.56-0.720.82-0.220.160.250.760.441.00.690.71
0.990.99-0.18-0.050.760.74-0.270.45-0.730.910.04-0.710.77-0.59-0.71-0.850.710.46-0.020.110.760.650.760.990.96
0.680.68-0.210.420.290.340.150.56-0.220.7-0.09-0.970.31-0.98-0.97-0.90.190.440.460.380.440.650.440.720.82
0.830.84-0.130.130.950.93-0.05-0.17-0.910.740.0-0.540.95-0.35-0.57-0.730.82-0.220.160.251.00.760.440.70.71
0.980.97-0.19-0.040.690.68-0.270.53-0.660.920.03-0.770.7-0.68-0.77-0.880.640.540.00.120.690.990.720.70.98
0.960.96-0.220.090.660.65-0.160.51-0.640.930.01-0.870.68-0.79-0.87-0.950.60.490.120.20.710.960.820.710.98
Click cells to compare fundamentals

Nalwa Sons Account Relationship Matchups

Nalwa Sons fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.0B57.7B94.2B94.4B145.6B152.8B
Total Stockholder Equity31.9B51.1B79.4B79.9B126.1B132.4B
Property Plant And Equipment Net1.2M989K796K616K436K414.2K
Non Currrent Assets Other30.5B53.7B844.8M141.9M79.3M75.4M
Other Assets35.0M5.1M82.3M1K145.6B152.8B
Liabilities And Stockholders Equity34.0B57.7B94.2B94.4B145.6B152.8B
Other Stockholder Equity3.0B3.1B29.4B376.0M(2.1B)357.2M
Total Liab1.8B6.3B14.5B14.1B728K691.6K
Accumulated Other Comprehensive Income(612K)49.2B77.0B76.9B122.5B128.6B
Retained Earnings1.2B1.4B1.9B2.6B3.1B3.3B
Other Current Liab(13.5M)1.0M3.0M(579K)156K148.2K
Accounts Payable256K585K500K579K572K543.4K
Other Current Assets2.1B1.3B2.1B3.0B141.4B148.5B
Short Long Term Debt Total15.2M5.2M486K1.4M79.3M133.7M
Total Current Liabilities1.7M1.6M16.6M579K728K691.6K
Net Debt10.5M(3.3M)(13.2M)(48.4M)(162.9M)(154.8M)
Cash4.7M8.5M13.7M49.8M162.9M171.1M
Non Current Assets Total974.3M1.4B91.6B90.9B79.8M75.8M
Cash And Short Term Investments30.5B53.7B147.1M191.7M374.4M355.7M
Net Receivables2.1B54.5B(711.4M)3.1B3.3B6.4B
Short Term Investments30.5B53.7B133.4M141.9M141.5B148.6B
Non Current Liabilities Total1.8B6.3B14.4B14.1B19.0B20.0B
Inventory312.1M339.8M302.2M348.4M342.4M206.1M
Total Current Assets33.0B56.3B2.6B3.5B145.5B152.8B
Other Liab1.8B6.3B14.4B14.1B16.2B17.1B
Net Tangible Assets31.9B51.1B79.4B79.9B91.9B96.5B
Property Plant Equipment1.2M989K796K616K708.4K566.6K
Net Invested Capital31.9B51.1B79.4B79.9B126.1B132.4B
Non Current Liabilities Other38K377K223K373K156K148.2K
Net Working Capital33.0B2.7B3.3B3.5B4.0B5.6B

Also Currently Popular

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.

Additional Tools for Nalwa Stock Analysis

When running Nalwa Sons' price analysis, check to measure Nalwa Sons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nalwa Sons is operating at the current time. Most of Nalwa Sons' value examination focuses on studying past and present price action to predict the probability of Nalwa Sons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nalwa Sons' price. Additionally, you may evaluate how the addition of Nalwa Sons to your portfolios can decrease your overall portfolio volatility.