Nsx Good Will vs Total Current Assets Analysis

NSX Stock   0.03  0  13.33%   
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 Total Current Assets 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 Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nsx Good Will account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Nsx's Good Will and Total Current Assets is -0.79. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets 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 Total Current 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 Good Will of Nsx are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Nsx's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

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 Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Revenue1.9M2.0M1.5M1.2M

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
0.820.27-0.120.65-0.66-0.140.25-0.180.080.130.3-0.41-0.480.44-0.250.130.570.410.260.17-0.23-0.160.390.440.27
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
-0.34-0.12-0.22-0.37-0.23-0.260.01-0.110.26-0.13-0.11-0.11-0.11-0.02-0.080.19-0.12-0.030.07-0.1-0.3-0.23-0.080.160.33
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
-0.34-0.66-0.26-0.23-0.310.44-0.260.35-0.350.280.10.490.51-0.050.4-0.51-0.24-0.510.070.20.620.55-0.43-0.21-0.21
0.19-0.14-0.52-0.26-0.080.440.240.37-0.970.730.280.50.540.210.87-0.80.11-0.820.310.660.560.36-0.790.51-0.02
0.040.25-0.150.01-0.2-0.260.24-0.6-0.38-0.11-0.45-0.35-0.41-0.350.230.27-0.29-0.060.37-0.15-0.52-0.65-0.130.33-0.27
0.34-0.18-0.21-0.110.130.350.37-0.6-0.210.550.820.760.880.670.34-0.750.58-0.330.230.590.850.87-0.230.180.47
-0.150.080.50.260.08-0.35-0.97-0.38-0.21-0.68-0.14-0.38-0.4-0.11-0.840.69-0.030.79-0.29-0.6-0.41-0.180.78-0.520.09
0.410.13-0.49-0.130.180.280.73-0.110.55-0.680.640.380.470.660.68-0.90.47-0.670.370.990.690.62-0.630.560.35
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
0.05-0.41-0.23-0.110.110.490.5-0.350.76-0.380.380.360.940.130.25-0.650.04-0.290.230.40.790.63-0.210.160.43
0.05-0.48-0.28-0.11-0.020.510.54-0.410.88-0.40.470.490.940.280.42-0.740.17-0.440.190.490.830.72-0.360.170.34
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
-0.310.130.510.19-0.08-0.51-0.80.27-0.750.69-0.9-0.68-0.65-0.74-0.59-0.71-0.410.71-0.35-0.87-0.9-0.80.64-0.41-0.36
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
0.180.410.73-0.030.5-0.51-0.82-0.06-0.330.79-0.67-0.24-0.29-0.44-0.22-0.950.71-0.07-0.15-0.58-0.45-0.360.99-0.260.15
0.390.26-0.520.07-0.060.070.310.370.23-0.290.370.40.230.190.390.3-0.350.3-0.150.380.30.26-0.110.460.43
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
0.25-0.23-0.33-0.30.160.620.56-0.520.85-0.410.690.680.790.830.520.42-0.90.36-0.450.30.680.94-0.340.140.42
0.3-0.16-0.26-0.230.130.550.36-0.650.87-0.180.620.80.630.720.660.33-0.80.52-0.360.260.630.94-0.240.040.42
0.220.390.72-0.080.52-0.43-0.79-0.13-0.230.78-0.63-0.16-0.21-0.36-0.17-0.940.64-0.030.99-0.11-0.55-0.34-0.24-0.280.2
0.520.44-0.130.160.33-0.210.510.330.18-0.520.560.310.160.170.370.37-0.410.31-0.260.460.570.140.04-0.280.23
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
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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 Receivables150.6K150.1K94.1K122.0K128.9K122.4K
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

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