NetScout Short Term Investments vs Capital Stock Analysis

NTCT Stock

USD 21.81 0.25 1.16%

NetScout Systems financial indicator trend analysis is infinitely more than just investigating NetScout Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetScout Systems is a good investment. Please check the relationship between NetScout Systems Short Term Investments and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetScout Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.

Short Term Investments vs Capital Stock

Short Term Investments vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetScout Systems Short Term Investments account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NetScout Systems' Short Term Investments and Capital Stock is -0.33. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of NetScout Systems, assuming nothing else is changed. The correlation between historical values of NetScout Systems' Short Term Investments and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of NetScout Systems are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Investments i.e., NetScout Systems' Short Term Investments and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of NetScout Systems balance sheet. It contains any investments NetScout Systems undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that NetScout Systems can easily liquidate in the marketplace.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from NetScout Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetScout Systems 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 NetScout Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.Tax Provision is likely to gain to about 3.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 69.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	641.4M	691.4M	642.0M	363.1M
Total Revenue	855.6M	914.5M	829.5M	491.0M

Gross Profit Total Revenue

NetScout Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Assets	Common Stock Total Equity	Short Term Investments	Treasury Stock
Total Assets		0.92	0.97	0.99	0.79	0.35	0.77	0.82	0.75	1.0	0.74	0.87	0.94	0.98	0.93	0.81	0.75	0.94	0.98	0.23	0.97	0.46	0.69	0.93	0.24	-0.74
Other Current Liab	0.92		0.92	0.92	0.78	0.28	0.78	0.81	0.65	0.92	0.51	0.78	0.84	0.88	0.82	0.82	0.76	0.87	0.89	0.13	0.88	0.41	0.45	0.82	0.33	-0.65
Total Current Liabilities	0.97	0.92		0.98	0.82	0.16	0.86	0.76	0.78	0.96	0.65	0.9	0.88	0.96	0.83	0.75	0.72	0.91	0.92	0.27	0.97	0.56	0.67	0.95	0.21	-0.76
Total Stockholder Equity	0.99	0.92	0.98		0.79	0.28	0.77	0.82	0.74	0.99	0.71	0.86	0.93	0.98	0.89	0.8	0.77	0.95	0.95	0.27	0.96	0.46	0.68	0.94	0.23	-0.73
Property Plant And Equipment Net	0.79	0.78	0.82	0.79		0.14	0.76	0.41	0.77	0.79	0.71	0.79	0.66	0.72	0.72	0.43	0.32	0.72	0.78	0.33	0.77	0.41	0.71	0.84	-0.19	-0.84
Net Debt	0.35	0.28	0.16	0.28	0.14		0.06	0.47	-0.12	0.38	0.34	0.05	0.45	0.34	0.59	0.45	0.38	0.2	0.48	-0.41	0.23	-0.04	0.15	0.12	0.28	0.06
Retained Earnings	0.77	0.78	0.86	0.77	0.76	0.06		0.48	0.73	0.75	0.46	0.84	0.64	0.77	0.63	0.46	0.47	0.65	0.74	0.15	0.81	0.67	0.58	0.81	0.06	-0.74
Accounts Payable	0.82	0.81	0.76	0.82	0.41	0.47	0.48		0.36	0.82	0.38	0.56	0.87	0.84	0.78	0.99	0.96	0.79	0.8	-0.02	0.77	0.39	0.29	0.61	0.67	-0.27
Cash	0.75	0.65	0.78	0.74	0.77	-0.12	0.73	0.36		0.73	0.7	0.92	0.57	0.72	0.69	0.38	0.26	0.77	0.74	0.52	0.82	0.44	0.75	0.82	-0.14	-0.93
Non Current Assets Total	1.0	0.92	0.96	0.99	0.79	0.38	0.75	0.82	0.73		0.75	0.84	0.94	0.98	0.93	0.81	0.76	0.95	0.98	0.23	0.95	0.43	0.68	0.92	0.22	-0.73
Non Currrent Assets Other	0.74	0.51	0.65	0.71	0.71	0.34	0.46	0.38	0.7	0.75		0.65	0.62	0.69	0.78	0.39	0.22	0.71	0.76	0.28	0.65	0.13	0.84	0.74	-0.32	-0.75
Cash And Short Term Investments	0.87	0.78	0.9	0.86	0.79	0.05	0.84	0.56	0.92	0.84	0.65		0.72	0.84	0.79	0.56	0.48	0.79	0.86	0.27	0.95	0.51	0.7	0.88	0.09	-0.81
Net Receivables	0.94	0.84	0.88	0.93	0.66	0.45	0.64	0.87	0.57	0.94	0.62	0.72		0.96	0.88	0.82	0.84	0.9	0.91	0.21	0.9	0.5	0.62	0.84	0.4	-0.56
Common Stock Shares Outstanding	0.98	0.88	0.96	0.98	0.72	0.34	0.77	0.84	0.72	0.98	0.69	0.84	0.96		0.9	0.81	0.78	0.93	0.96	0.24	0.96	0.55	0.69	0.9	0.32	-0.69
Non Current Liabilities Total	0.93	0.82	0.83	0.89	0.72	0.59	0.63	0.78	0.69	0.93	0.78	0.79	0.88	0.9		0.77	0.65	0.86	0.98	0.12	0.88	0.34	0.66	0.79	0.23	-0.67
Inventory	0.81	0.82	0.75	0.8	0.43	0.45	0.46	0.99	0.38	0.81	0.39	0.56	0.82	0.81	0.77		0.93	0.79	0.79	-0.01	0.75	0.36	0.29	0.59	0.63	-0.29
Other Current Assets	0.75	0.76	0.72	0.77	0.32	0.38	0.47	0.96	0.26	0.76	0.22	0.48	0.84	0.78	0.65	0.93		0.74	0.7	0.05	0.71	0.44	0.23	0.59	0.72	-0.21
Other Stockholder Equity	0.94	0.87	0.91	0.95	0.72	0.2	0.65	0.79	0.77	0.95	0.71	0.79	0.9	0.93	0.86	0.79	0.74		0.9	0.46	0.9	0.44	0.68	0.88	0.25	-0.76
Total Liab	0.98	0.89	0.92	0.95	0.78	0.48	0.74	0.8	0.74	0.98	0.76	0.86	0.91	0.96	0.98	0.79	0.7	0.9		0.16	0.95	0.42	0.69	0.87	0.24	-0.72
Property Plant And Equipment Gross	0.23	0.13	0.27	0.27	0.33	-0.41	0.15	-0.02	0.52	0.23	0.28	0.27	0.21	0.24	0.12	-0.01	0.05	0.46	0.16		0.24	0.26	0.45	0.44	-0.23	-0.61
Total Current Assets	0.97	0.88	0.97	0.96	0.77	0.23	0.81	0.77	0.82	0.95	0.65	0.95	0.9	0.96	0.88	0.75	0.71	0.9	0.95	0.24		0.55	0.68	0.92	0.28	-0.73
Common Stock	0.46	0.41	0.56	0.46	0.41	-0.04	0.67	0.39	0.44	0.43	0.13	0.51	0.5	0.55	0.34	0.36	0.44	0.44	0.42	0.26	0.55		0.52	0.47	0.33	-0.38
Other Assets	0.69	0.45	0.67	0.68	0.71	0.15	0.58	0.29	0.75	0.68	0.84	0.7	0.62	0.69	0.66	0.29	0.23	0.68	0.69	0.45	0.68	0.52		0.77	-0.2	-0.79
Common Stock Total Equity	0.93	0.82	0.95	0.94	0.84	0.12	0.81	0.61	0.82	0.92	0.74	0.88	0.84	0.9	0.79	0.59	0.59	0.88	0.87	0.44	0.92	0.47	0.77		-0.01	-0.85
Short Term Investments	0.24	0.33	0.21	0.23	-0.19	0.28	0.06	0.67	-0.14	0.22	-0.32	0.09	0.4	0.32	0.23	0.63	0.72	0.25	0.24	-0.23	0.28	0.33	-0.2	-0.01		0.3
Treasury Stock	-0.74	-0.65	-0.76	-0.73	-0.84	0.06	-0.74	-0.27	-0.93	-0.73	-0.75	-0.81	-0.56	-0.69	-0.67	-0.29	-0.21	-0.76	-0.72	-0.61	-0.73	-0.38	-0.79	-0.85	0.3

Click cells to compare fundamentals

NetScout Systems Account Relationship Matchups

NetScout Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.1B	3.2B	2.8B	2.6B	1.4B
Other Current Liab	98.4M	91.8M	96.4M	100.1M	54.0M	46.2M
Total Current Liabilities	399.0M	411.3M	475.1M	453.6M	395.1M	220.3M
Total Stockholder Equity	1.9B	2.0B	2.1B	2.0B	1.9B	948.4M
Property Plant And Equipment Net	126.3M	110.0M	96.3M	86.2M	69.0M	39.0M
Net Debt	192.5M	(43.6M)	(220.8M)	(226.3M)	(239.6M)	(227.6M)
Retained Earnings	355.3M	374.7M	411.7M	470.2M	322.5M	205.3M
Accounts Payable	20.0M	18.0M	22.0M	16.5M	14.5M	13.8M
Cash	338.5M	467.2M	636.2M	386.8M	389.7M	409.2M
Non Current Assets Total	2.5B	2.4B	2.3B	2.2B	1.9B	1.0B
Non Currrent Assets Other	17.8M	23.2M	13.0M	12.5M	10.6M	5.4M
Cash And Short Term Investments	386.5M	476.5M	703.2M	419.0M	423.1M	251.6M
Net Receivables	213.5M	197.7M	148.2M	143.9M	192.1M	106.0M
Common Stock Shares Outstanding	75.2M	73.8M	75.1M	73.0M	71.5M	55.3M
Liabilities And Stockholders Equity	3.1B	3.1B	3.2B	2.8B	2.6B	1.4B
Non Current Liabilities Total	783.6M	668.0M	658.2M	337.3M	308.2M	309.8M
Inventory	22.2M	22.8M	28.2M	18.0M	14.1M	16.0M
Other Current Assets	37.5M	27.4M	36.6M	37.0M	44.4M	27.7M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B
Total Liab	1.2B	1.1B	1.1B	790.9M	703.2M	494.3M
Property Plant And Equipment Gross	126.3M	110.0M	96.3M	86.2M	312.1M	327.7M
Total Current Assets	659.7M	722.5M	921.9M	617.4M	672.5M	401.5M
Accumulated Other Comprehensive Income	(3.2M)	(1.9M)	141K	5.7M	3.6M	3.8M
Common Stock	122K	124K	126K	128K	131K	137.6K
Other Assets	24.2M	24.0M	23.2M	19.9M	22.8M	17.0M
Common Stock Total Equity	122K	124K	126K	128K	147.2K	74.2K
Short Term Investments	48.0M	9.3M	67.0M	32.2M	33.5M	64.3M
Treasury Stock	(1.1B)	(1.3B)	(1.3B)	(1.4B)	(1.2B)	(1.2B)
Property Plant Equipment	57.7M	48.5M	96.3M	34.7M	39.9M	30.6M
Current Deferred Revenue	270.3M	269.7M	330.6M	311.5M	301.8M	161.3M
Intangible Assets	582.2M	511.9M	433.4M	366.6M	308.7M	288.9M
Good Will	1.7B	1.7B	1.7B	1.7B	1.5B	835.0M
Other Liab	274.6M	262.9M	256.7M	254.2M	292.4M	307.0M
Short Long Term Debt Total	531.0M	423.6M	415.3M	160.5M	150.1M	142.6M
Long Term Debt	550M	450M	350M	100M	115M	223.8M
Net Tangible Assets	(369.9M)	(223.6M)	(95.1M)	(61.3M)	(55.2M)	(58.0M)
Retained Earnings Total Equity	355.3M	374.7M	410.6M	470.2M	540.7M	356.6M
Capital Surpluse	2.9B	3.0B	3.0B	3.1B	3.6B	2.2B
Deferred Long Term Liab	148.7M	131.8M	113.6M	51.0M	58.6M	55.7M

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 NetScout Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC