Nsx Good Will vs Cash And Short Term Investments Analysis

NSX Stock   0.03  0  6.90%   
Nsx financial indicator trend analysis is infinitely more than just investigating Nsx recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nsx is a good investment. Please check the relationship between Nsx Good Will and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nsx. 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.

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nsx Good Will account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Nsx's Good Will and Cash And Short Term Investments is -0.82. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nsx, assuming nothing else is changed. The correlation between historical values of Nsx's Good Will and Cash And Short Term Investments 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 Nsx are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., Nsx's Good Will and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nsx balance sheet. This account contains Nsx investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nsx fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Nsx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nsx 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 Nsx. 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.
Selling General Administrative is likely to drop to about 1.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.7 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization727.3K681.3K588.0K303.5K
Total Revenue1.9M2.0M1.3M1.2M

Nsx fundamental ratios Correlations

0.820.19-0.340.69-0.340.190.040.34-0.150.410.680.050.050.70.03-0.310.80.180.390.450.250.30.220.520.38
0.820.27-0.120.65-0.66-0.140.25-0.180.080.130.3-0.41-0.480.44-0.250.130.570.410.250.17-0.23-0.160.390.440.27
0.190.27-0.220.6-0.26-0.52-0.15-0.210.5-0.49-0.23-0.23-0.28-0.22-0.690.51-0.080.73-0.52-0.45-0.33-0.260.72-0.13-0.19
-0.34-0.12-0.22-0.37-0.23-0.260.01-0.110.26-0.13-0.11-0.11-0.11-0.02-0.080.19-0.12-0.030.06-0.1-0.3-0.23-0.080.160.33
0.690.650.6-0.37-0.31-0.08-0.20.130.080.180.260.11-0.020.26-0.44-0.080.320.5-0.060.240.160.130.520.330.37
-0.34-0.66-0.26-0.23-0.310.44-0.260.35-0.350.280.10.490.51-0.050.4-0.51-0.24-0.510.080.20.620.55-0.43-0.21-0.21
0.19-0.14-0.52-0.26-0.080.440.240.37-0.970.730.280.50.540.210.87-0.80.11-0.820.320.660.560.36-0.790.51-0.02
0.040.25-0.150.01-0.2-0.260.24-0.6-0.38-0.11-0.45-0.35-0.41-0.350.230.27-0.29-0.060.36-0.15-0.52-0.65-0.130.33-0.27
0.34-0.18-0.21-0.110.130.350.37-0.6-0.210.550.820.760.880.670.34-0.750.58-0.330.240.590.850.87-0.230.180.47
-0.150.080.50.260.08-0.35-0.97-0.38-0.21-0.68-0.14-0.38-0.4-0.11-0.840.69-0.030.79-0.3-0.6-0.41-0.180.78-0.520.09
0.410.13-0.49-0.130.180.280.73-0.110.55-0.680.640.380.470.660.68-0.90.47-0.670.380.990.690.62-0.630.560.35
0.680.3-0.23-0.110.260.10.28-0.450.82-0.140.640.360.490.960.33-0.680.9-0.240.40.690.680.8-0.160.310.5
0.05-0.41-0.23-0.110.110.490.5-0.350.76-0.380.380.360.940.130.25-0.650.04-0.290.250.40.790.63-0.210.160.43
0.05-0.48-0.28-0.11-0.020.510.54-0.410.88-0.40.470.490.940.280.42-0.740.17-0.440.210.490.830.72-0.360.170.34
0.70.44-0.22-0.020.26-0.050.21-0.350.67-0.110.660.960.130.280.32-0.590.94-0.220.390.710.520.66-0.170.370.46
0.03-0.25-0.69-0.08-0.440.40.870.230.34-0.840.680.330.250.420.32-0.710.21-0.950.30.60.420.33-0.940.37-0.15
-0.310.130.510.19-0.08-0.51-0.80.27-0.750.69-0.9-0.68-0.65-0.74-0.59-0.71-0.410.71-0.36-0.87-0.9-0.80.64-0.41-0.36
0.80.57-0.08-0.120.32-0.240.11-0.290.58-0.030.470.90.040.170.940.21-0.41-0.070.30.520.360.52-0.030.310.36
0.180.410.73-0.030.5-0.51-0.82-0.06-0.330.79-0.67-0.24-0.29-0.44-0.22-0.950.71-0.07-0.16-0.58-0.45-0.360.99-0.260.15
0.390.25-0.520.06-0.060.080.320.360.24-0.30.380.40.250.210.390.3-0.360.3-0.160.380.310.27-0.120.450.43
0.450.17-0.45-0.10.240.20.66-0.150.59-0.60.990.690.40.490.710.6-0.870.52-0.580.380.680.63-0.550.570.42
0.25-0.23-0.33-0.30.160.620.56-0.520.85-0.410.690.680.790.830.520.42-0.90.36-0.450.310.680.94-0.340.140.42
0.3-0.16-0.26-0.230.130.550.36-0.650.87-0.180.620.80.630.720.660.33-0.80.52-0.360.270.630.94-0.240.040.42
0.220.390.72-0.080.52-0.43-0.79-0.13-0.230.78-0.63-0.16-0.21-0.36-0.17-0.940.64-0.030.99-0.12-0.55-0.34-0.24-0.280.2
0.520.44-0.130.160.33-0.210.510.330.18-0.520.560.310.160.170.370.37-0.410.31-0.260.450.570.140.04-0.280.23
0.380.27-0.190.330.37-0.21-0.02-0.270.470.090.350.50.430.340.46-0.15-0.360.360.150.430.420.420.420.20.23
Click cells to compare fundamentals

Nsx Account Relationship Matchups

Nsx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3M9.3M4.1M4.7M4.3M5.4M
Total Stockholder Equity6.2M5.5M240.1K1.9M(906.2K)(860.9K)
Other Liab329.2K217.5K169.3K164.3K147.8K250.8K
Accounts Payable128.7K187.6K542.0K122.8K56.5K53.6K
Cash3.1M2.4M797.3K2.1M2.1M1.6M
Short Term Investments1.5M983.6K359.6K361.2K366.2K347.9K
Total Liab4.1M3.7M3.8M2.8M5.2M5.5M
Common Stock56.6M58.9M59.9M64.6M65.8M39.1M
Property Plant Equipment2.4M2.2M1.7M1.2M1.4M1.4M
Other Current Liab787.0K697.7K857.5K865.3K3.1M3.3M
Total Current Liabilities1.7M1.7M2.3M1.7M4.6M4.8M
Property Plant And Equipment Net2.4M2.2M1.7M1.2M985.9K577.4K
Net Debt(542.3K)(87.0K)1.2M(676.1K)(392.3K)(411.9K)
Retained Earnings(51.8M)(54.8M)(61.1M)(63.1M)(67.3M)(63.9M)
Non Current Assets Total5.4M5.1M2.1M1.4M1.2M1.4M
Cash And Short Term Investments4.6M3.4M1.2M2.4M2.4M3.1M
Net Receivables150.6K150.1K94.1K122.0K134.4K127.7K
Common Stock Shares Outstanding210.1M263.6M287.4M372.7M428.3M449.8M
Liabilities And Stockholders Equity10.3M9.3M4.1M4.7M4.3M5.9M
Property Plant And Equipment Gross237.5K2.4M5.2M5.4M6.2M6.5M
Total Current Assets5.0M4.2M2.0M3.3M3.2M4.6M
Current Deferred Revenue285.1K270.4K275.0K249.7K236.6K248.4K
Non Current Liabilities Total2.4M2.1M1.6M1.1M3.6M3.7M
Other Current Assets204.1K(3.6M)744.8K801.7K602.2K632.3K
Short Term Debt533.4K512.5K593.6K458.0K1.2M725.9K
Non Currrent Assets Other204.1K581.6K(2.1M)(1.4M)443.1K465.2K
Other Stockholder Equity(4.8M)(4.1M)1.5M(1.4M)2.02.1
Net Tangible Assets6.0M5.2M(82.4K)1.7M2.0M2.7M
Long Term Debt Total2.0M1.8M1.4M930.2K1.1M973.9K
Net Invested Capital6.2M5.5M240.1K1.9M2.2M3.0M
Cash And Equivalents3.1M2.4M797.3K2.1M2.4M1.9M
Net Working Capital3.2M2.5M(272.3K)1.7M1.5M1.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Nsx Stock Analysis

When running Nsx's price analysis, check to measure Nsx's 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 Nsx is operating at the current time. Most of Nsx's value examination focuses on studying past and present price action to predict the probability of Nsx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nsx's price. Additionally, you may evaluate how the addition of Nsx to your portfolios can decrease your overall portfolio volatility.