NETGEAR Accounts Payable vs Long Term Investments Analysis

NTGR Stock  USD 23.91  0.19  0.79%   
NETGEAR financial indicator trend analysis is infinitely more than just investigating NETGEAR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NETGEAR is a good investment. Please check the relationship between NETGEAR Accounts Payable and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NETGEAR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in NETGEAR Stock, please use our How to Invest in NETGEAR guide.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NETGEAR Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NETGEAR's Accounts Payable and Long Term Investments is -0.3. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of NETGEAR, assuming nothing else is changed. The correlation between historical values of NETGEAR's Accounts Payable and Long 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 Accounts Payable of NETGEAR are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., NETGEAR's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents NETGEAR obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NETGEAR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of NETGEAR balance sheet that represents investments NETGEAR intends to hold for over a year. NETGEAR long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from NETGEAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NETGEAR 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 NETGEAR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in NETGEAR Stock, please use our How to Invest in NETGEAR guide.At this time, NETGEAR's Tax Provision is relatively stable compared to the past year. As of 11/21/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, though Discontinued Operations is likely to grow to (30.5 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses299.2M289.0M282.5M226.3M
Cost Of Revenue802.2M681.9M491.6M666.0M

NETGEAR fundamental ratios Correlations

0.610.920.98-0.090.58-0.170.420.870.790.710.710.750.610.380.660.280.380.5-0.740.250.850.820.92-0.070.98
0.610.720.490.45-0.170.460.640.780.290.570.160.720.28-0.080.370.230.57-0.01-0.52-0.320.530.280.660.060.59
0.920.720.820.110.340.10.520.990.790.750.50.750.560.160.520.280.370.45-0.760.040.70.710.95-0.080.93
0.980.490.82-0.20.7-0.330.330.750.770.640.780.690.60.490.70.240.320.5-0.680.360.870.830.84-0.080.95
-0.090.450.11-0.2-0.630.52-0.120.19-0.140.12-0.31-0.06-0.1-0.19-0.14-0.340.02-0.24-0.14-0.06-0.01-0.30.12-0.54-0.15
0.58-0.170.340.7-0.63-0.77-0.10.210.70.180.830.160.350.650.560.0-0.170.47-0.290.610.60.630.45-0.070.56
-0.170.460.1-0.330.52-0.770.470.25-0.410.17-0.570.14-0.12-0.7-0.430.270.5-0.19-0.02-0.72-0.31-0.280.040.28-0.12
0.420.640.520.33-0.12-0.10.470.570.120.58-0.030.670.45-0.450.170.610.77-0.14-0.41-0.760.250.290.390.690.49
0.870.780.990.750.190.210.250.570.70.750.40.750.520.050.440.310.440.41-0.74-0.070.640.640.93-0.040.88
0.790.290.790.77-0.140.7-0.410.120.70.460.710.440.410.50.520.07-0.040.43-0.560.420.720.650.79-0.280.77
0.710.570.750.640.120.180.170.580.750.460.370.480.84-0.130.420.080.450.15-0.97-0.150.490.720.70.10.74
0.710.160.50.78-0.310.83-0.57-0.030.40.710.370.320.430.720.7-0.140.010.32-0.480.580.830.560.58-0.230.62
0.750.720.750.69-0.060.160.140.670.750.440.480.320.450.080.560.490.620.22-0.41-0.210.610.410.60.170.75
0.610.280.560.6-0.10.35-0.120.450.520.410.840.430.45-0.030.62-0.030.390.06-0.82-0.040.470.610.480.040.62
0.38-0.080.160.49-0.190.65-0.7-0.450.050.5-0.130.720.08-0.030.52-0.17-0.240.37-0.010.790.650.180.26-0.380.25
0.660.370.520.7-0.140.56-0.430.170.440.520.420.70.560.620.52-0.260.10.22-0.50.320.720.40.51-0.160.59
0.280.230.280.24-0.340.00.270.610.310.070.08-0.140.49-0.03-0.17-0.260.630.180.08-0.430.090.240.180.610.34
0.380.570.370.320.02-0.170.50.770.44-0.040.450.010.620.39-0.240.10.63-0.23-0.27-0.570.340.140.270.470.37
0.5-0.010.450.5-0.240.47-0.19-0.140.410.430.150.320.220.060.370.220.18-0.23-0.230.490.220.60.53-0.080.56
-0.74-0.52-0.76-0.68-0.14-0.29-0.02-0.41-0.74-0.56-0.97-0.48-0.41-0.82-0.01-0.50.08-0.27-0.23-0.05-0.54-0.76-0.740.08-0.75
0.25-0.320.040.36-0.060.61-0.72-0.76-0.070.42-0.150.58-0.21-0.040.790.32-0.43-0.570.49-0.050.350.290.19-0.70.17
0.850.530.70.87-0.010.6-0.310.250.640.720.490.830.610.470.650.720.090.340.22-0.540.350.490.75-0.180.74
0.820.280.710.83-0.30.63-0.280.290.640.650.720.560.410.610.180.40.240.140.6-0.760.290.490.730.050.88
0.920.660.950.840.120.450.040.390.930.790.70.580.60.480.260.510.180.270.53-0.740.190.750.73-0.130.91
-0.070.06-0.08-0.08-0.54-0.070.280.69-0.04-0.280.1-0.230.170.04-0.38-0.160.610.47-0.080.08-0.7-0.180.05-0.130.03
0.980.590.930.95-0.150.56-0.120.490.880.770.740.620.750.620.250.590.340.370.56-0.750.170.740.880.910.03
Click cells to compare fundamentals

NETGEAR Account Relationship Matchups

NETGEAR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets955.8M1.1B1.1B1.0B847.1M814.1M
Other Current Liab202.1M244.2M240.1M226.6M177.5M142.6M
Total Current Liabilities298.4M365.1M341.0M346.0M264.3M261.7M
Total Stockholder Equity608.7M689.4M696.8M620.9M535.5M521.0M
Other Assets66.1M112.2M76.4M89.9M1.00.95
Common Stock Shares Outstanding32.0M30.6M31.0M29.0M29.4M35.9M
Liabilities And Stockholders Equity955.8M1.1B1.1B1.0B847.1M814.1M
Non Current Liabilities Total48.7M51.6M40.7M53.0M47.3M35.9M
Other Stockholder Equity831.4M882.7M923.2M946.1M967.7M1.0B
Total Liab347.1M416.7M381.7M398.9M311.6M293.1M
Accounts Payable80.5M90.9M73.7M85.6M46.9M81.8M
Cash190.2M346.5M263.8M146.5M176.7M171.4M
Inventory235.5M172.1M315.7M299.6M248.9M177.0M
Other Current Assets35.7M61.1M68.1M29.8M30.4M36.2M
Intangible Assets10.1M3.9M1.9M1.3M1.5M1.5M
Property Plant Equipment17.7M16.1M36.5M9.2M10.6M17.1M
Property Plant And Equipment Net46.6M45.5M36.5M50.1M45.6M24.3M
Current Deferred Revenue6.5M13.5M16.5M21.1M27.1M21.9M
Net Debt(164.8M)(320.9M)(245.2M)(101.4M)(135.2M)(141.9M)
Retained Earnings(222.7M)(193.3M)(226.6M)(324.8M)(432.3M)(410.7M)
Non Current Assets Total211.7M212.9M195.4M185.5M99.2M148.6M
Cash And Short Term Investments195.7M353.3M271.5M227.4M283.6M267.4M
Net Receivables277.2M337.1M261.2M277.5M185.1M241.4M
Property Plant And Equipment Gross46.6M45.5M36.5M50.1M134.5M141.3M
Total Current Assets744.1M893.2M883.1M834.3M748.0M730.8M
Accumulated Other Comprehensive Income21K(35K)149K(535K)136K142.8K
Short Term Debt9.4M9.1M9.2M11.0M11.9M18.0M
Non Currrent Assets Other7.2M6.0M5.0M4.2M9.0M15.1M
Common Stock Total Equity31K32K30K29K26.1K26.4K
Short Term Investments5.5M6.9M7.7M80.9M106.9M67.5M
Other Liab23.3M26.1M22.1M18.9M21.7M27.1M
Net Tangible Assets517.9M604.8M614.2M583.2M670.7M640.4M
Retained Earnings Total Equity(222.7M)(193.3M)(226.6M)(324.8M)(292.3M)(277.7M)
Capital Surpluse831.4M882.7M923.2M946.1M1.1B705.3M
Non Current Liabilities Other48.7M51.6M3.1M3.9M4.9M4.7M
Long Term Investments8.1M8.4M7.6M7.9M8.4M7.0M
Net Invested Capital608.7M689.4M696.8M620.9M535.5M515.3M

Pair Trading with NETGEAR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NETGEAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NETGEAR will appreciate offsetting losses from the drop in the long position's value.

Moving together with NETGEAR Stock

  0.62HPQ HP IncPairCorr
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  0.71S SentinelOnePairCorr

Moving against NETGEAR Stock

  0.85FRGT Freight TechnologiesPairCorr
  0.79ENPH Enphase EnergyPairCorr
  0.69VRRM Verra Mobility CorpPairCorr
  0.46OKTA Okta IncPairCorr
The ability to find closely correlated positions to NETGEAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NETGEAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NETGEAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NETGEAR to buy it.
The correlation of NETGEAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NETGEAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NETGEAR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NETGEAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for NETGEAR Stock Analysis

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