Network Historical Balance Sheet

NTIP Stock  USD 1.34  0.03  2.19%   
Trend analysis of Network 1 Technologies balance sheet accounts such as Total Current Liabilities of 781.9 K provides information on Network 1's total assets, liabilities, and equity, which is the actual value of Network 1 Technologies to its prevalent stockholders. By breaking down trends over time using Network 1 balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Network 1 Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Network 1 Technologies is a good buy for the upcoming year.

Network 1 Inventory

43.85 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network 1 Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Network Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Network 1 Technologies at a specified time, usually calculated after every quarter, six months, or one year. Network 1 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Network 1 and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Network currently owns. An asset can also be divided into two categories, current and non-current.

Network 1 Balance Sheet Chart

At this time, Network 1's Accumulated Other Comprehensive Income is relatively stable compared to the past year. As of 11/26/2024, Property Plant Equipment is likely to grow to about 59.6 K, while Total Current Liabilities is likely to drop slightly above 781.9 K.

Total Assets

Total assets refers to the total amount of Network 1 assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Network 1 Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Network 1 balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Network 1 Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Network 1's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Network 1 Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Network 1 Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Network 1's Accumulated Other Comprehensive Income is relatively stable compared to the past year. As of 11/26/2024, Property Plant Equipment is likely to grow to about 59.6 K, while Total Current Liabilities is likely to drop slightly above 781.9 K.
 2023 2024 (projected)
Short and Long Term Debt Total23K21.9K
Total Assets52.3M27.8M

Network 1 balance sheet Correlations

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-0.54-0.31-0.11-0.570.210.450.350.76-0.44-0.370.19-0.46-0.14-0.93-0.13-0.930.14-0.48-0.95-0.090.93-0.960.98-0.190.93
0.35-0.310.710.330.17-0.660.16-0.350.66-0.46-0.210.26-0.180.260.970.250.530.420.18-0.39-0.260.24-0.26-0.16-0.37
0.55-0.110.710.510.3-0.80.430.020.81-0.45-0.110.470.040.140.670.230.90.610.11-0.34-0.20.15-0.16-0.32-0.01
1.0-0.570.330.510.41-0.620.48-0.240.61-0.010.130.760.320.50.20.790.410.980.640.0-0.570.61-0.64-0.52-0.35
0.430.210.170.30.41-0.190.810.30.19-0.570.190.50.39-0.290.22-0.050.480.51-0.2-0.290.15-0.240.15-0.770.32
-0.640.45-0.66-0.8-0.62-0.19-0.270.28-1.00.380.29-0.67-0.05-0.45-0.56-0.5-0.62-0.68-0.430.390.54-0.460.470.220.37
0.50.350.160.430.480.81-0.270.370.28-0.650.210.450.25-0.460.22-0.130.620.59-0.34-0.270.28-0.360.29-0.90.45
-0.210.76-0.350.02-0.240.30.280.37-0.26-0.170.37-0.030.14-0.69-0.21-0.560.24-0.19-0.660.070.65-0.640.66-0.320.88
0.64-0.440.660.810.610.19-1.00.28-0.26-0.39-0.280.670.030.440.560.490.620.680.41-0.39-0.520.45-0.45-0.22-0.35
-0.05-0.37-0.46-0.45-0.01-0.570.38-0.65-0.17-0.390.26-0.20.010.48-0.540.39-0.54-0.20.50.68-0.260.49-0.390.54-0.27
0.130.19-0.21-0.110.130.190.290.210.37-0.280.260.120.28-0.16-0.09-0.020.150.09-0.10.820.41-0.10.1-0.230.37
0.77-0.460.260.470.760.5-0.670.45-0.030.67-0.20.120.620.320.20.620.510.790.47-0.03-0.520.45-0.54-0.6-0.23
0.33-0.14-0.180.040.320.39-0.050.250.140.030.010.280.62-0.02-0.160.30.280.320.20.28-0.250.13-0.26-0.490.12
0.47-0.930.260.140.5-0.29-0.45-0.46-0.690.440.48-0.160.32-0.020.070.87-0.150.390.940.15-0.870.97-0.930.41-0.85
0.23-0.130.970.670.20.22-0.560.22-0.210.56-0.54-0.090.2-0.160.070.070.560.310.0-0.34-0.060.05-0.08-0.21-0.21
0.77-0.930.250.230.79-0.05-0.5-0.13-0.560.490.39-0.020.620.30.870.070.030.690.950.18-0.90.95-0.97-0.03-0.75
0.460.140.530.90.410.48-0.620.620.240.62-0.540.150.510.28-0.150.560.030.54-0.13-0.170.06-0.110.06-0.540.27
0.99-0.480.420.610.980.51-0.680.59-0.190.68-0.20.090.790.320.390.310.690.540.53-0.11-0.50.5-0.55-0.61-0.27
0.61-0.950.180.110.64-0.2-0.43-0.34-0.660.410.5-0.10.470.20.940.00.95-0.130.530.21-0.90.98-0.960.21-0.82
-0.01-0.09-0.39-0.340.0-0.290.39-0.270.07-0.390.680.82-0.030.280.15-0.340.18-0.17-0.110.210.130.19-0.160.180.07
-0.550.93-0.26-0.2-0.570.150.540.280.65-0.52-0.260.41-0.52-0.25-0.87-0.06-0.90.06-0.5-0.90.13-0.910.94-0.130.82
0.59-0.960.240.150.61-0.24-0.46-0.36-0.640.450.49-0.10.450.130.970.050.95-0.110.50.980.19-0.91-0.980.26-0.83
-0.620.98-0.26-0.16-0.640.150.470.290.66-0.45-0.390.1-0.54-0.26-0.93-0.08-0.970.06-0.55-0.96-0.160.94-0.98-0.130.84
-0.54-0.19-0.16-0.32-0.52-0.770.22-0.9-0.32-0.220.54-0.23-0.6-0.490.41-0.21-0.03-0.54-0.610.210.18-0.130.26-0.13-0.31
-0.320.93-0.37-0.01-0.350.320.370.450.88-0.35-0.270.37-0.230.12-0.85-0.21-0.750.27-0.27-0.820.070.82-0.830.84-0.31
Click cells to compare fundamentals

Network 1 Account Relationship Matchups

Network 1 balance sheet Accounts

201920202021202220232024 (projected)
Total Assets55.1M51.2M64.8M58.0M52.3M27.8M
Other Current Liab1.1M1.4M697K825K652K1.1M
Total Current Liabilities1.6M2.0M4.1M1.6M823K781.9K
Total Stockholder Equity53.5M49.2M60.2M55.1M50.7M25.9M
Net Debt(22.5M)(25.5M)(44.5M)(13.3M)(16.9M)(17.7M)
Retained Earnings(12.6M)(17.2M)(6.4M)(12.1M)(17.0M)(17.8M)
Accounts Payable421K597K459K507K125K228.5K
Cash22.6M25.5M44.5M13.4M16.9M16.7M
Non Current Assets Total6.3M6.2M5.0M9.0M6.6M3.6M
Cash And Short Term Investments48.3M44.9M59.6M48.4M45.5M47.7M
Net Receivables575K444K343K6.2M7.1M7.5M
Common Stock Shares Outstanding24.0M24.0M24.5M23.8M23.8M21.2M
Liabilities And Stockholders Equity55.1M51.2M64.8M58.0M52.3M27.8M
Non Current Liabilities Total1.1M1.4M554K1.3M762K1.4M
Other Stockholder Equity65.8M66.1M66.4M66.9M67.4M56.6M
Total Liab1.6M2.0M4.7M2.9M1.6M1.9M
Total Current Assets48.8M45.0M59.8M49.0M45.7M24.2M
Other Current Assets98K120K150K525K206K154.1K
Accumulated Other Comprehensive Income(42K)(81K)79K(10K)(12K)0.0
Common Stock237K240K241K239K235K214.2K
Other Assets21K975K13K1.01.151.09
Intangible Assets1.8M1.6M1.4M1.6M1.3M1.3M
Net Tangible Assets56.2M51.7M47.6M58.8M67.6M46.4M
Retained Earnings Total Equity(10.2M)(7.1M)(12.6M)(17.2M)(19.8M)(20.8M)
Short Term Investments25.7M19.4M15.1M35.0M28.6M30.0M
Capital Surpluse64.4M65.2M65.8M66.1M76.0M68.5M
Long Term Investments4.4M3.7M3.7M7.3M5.2M4.3M
Net Invested Capital53.5M49.2M60.2M55.1M50.7M43.6M
Net Working Capital47.2M43.0M55.7M47.4M44.9M39.3M

Pair Trading with Network 1

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 Network 1 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 Network 1 will appreciate offsetting losses from the drop in the long position's value.

Moving against Network Stock

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The ability to find closely correlated positions to Network 1 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Network 1 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 Network 1 - 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 Network 1 Technologies to buy it.
The correlation of Network 1 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 Network 1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Network 1 Technologies 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 Network 1 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 Network Stock Analysis

When running Network 1's price analysis, check to measure Network 1'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 Network 1 is operating at the current time. Most of Network 1's value examination focuses on studying past and present price action to predict the probability of Network 1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Network 1's price. Additionally, you may evaluate how the addition of Network 1 to your portfolios can decrease your overall portfolio volatility.