NetSol Accounts Payable vs Total Assets Analysis
NTWK Stock | USD 2.68 0.04 1.52% |
NetSol Technologies financial indicator trend analysis is infinitely more than just investigating NetSol Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSol Technologies is a good investment. Please check the relationship between NetSol Technologies Accounts Payable and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetSol Technologies Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NetSol Technologies' Accounts Payable and Total Assets is 0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of NetSol Technologies, assuming nothing else is changed. The correlation between historical values of NetSol Technologies' Accounts Payable and Total 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 Accounts Payable of NetSol Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., NetSol Technologies' Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents NetSol Technologies 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 NetSol Technologies 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.Total Assets
Total assets refers to the total amount of NetSol Technologies 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 NetSol 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.Most indicators from NetSol Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetSol Technologies 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 NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.24 this year, although the value of Tax Provision will most likely fall to about 1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 16.9M | 29.3M | 18.1M | Total Revenue | 57.2M | 52.4M | 61.4M | 38.5M |
NetSol Technologies fundamental ratios Correlations
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NetSol Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NetSol Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Short Long Term Debt Total | 13.1M | 13.5M | 10.0M | 7.1M | 7.7M | 7.4M | |
Other Current Liab | 4.4M | 8.4M | 7.7M | 8.0M | 5.3M | 3.5M | |
Total Current Liabilities | 20.1M | 23.5M | 20.8M | 20.8M | 23.9M | 14.7M | |
Total Stockholder Equity | 59.0M | 54.7M | 45.4M | 33.8M | 34.8M | 41.7M | |
Net Debt | (7.0M) | (20.2M) | (13.9M) | (8.4M) | (11.5M) | (10.9M) | |
Retained Earnings | (34.3M) | (38.8M) | (39.7M) | (44.9M) | (44.2M) | (46.4M) | |
Non Current Assets Total | 36.6M | 31.0M | 23.2M | 16.8M | 16.7M | 15.9M | |
Non Currrent Assets Other | 42.0K | 55.1K | 879.1K | 6.9K | 986.4K | 1.0M | |
Common Stock Shares Outstanding | 11.8M | 11.5M | 11.3M | 11.3M | 11.4M | 6.3M | |
Liabilities And Stockholders Equity | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Other Stockholder Equity | 127.2M | 125.2M | 124.3M | 124.6M | 124.9M | 91.3M | |
Total Liab | 23.0M | 24.7M | 21.8M | 21.6M | 24.7M | 16.3M | |
Short Term Debt | 10.3M | 13.2M | 9.9M | 7.0M | 7.5M | 6.1M | |
Common Stock | 121.2K | 121.8K | 122.0K | 122.9K | 123.6K | 90.7K | |
Property Plant And Equipment Net | 13.7M | 13.4M | 10.4M | 7.3M | 6.4M | 12.4M | |
Accounts Payable | 1.4M | 1.1M | 1.2M | 1.1M | 1.4M | 1.8M | |
Net Receivables | 29.9M | 18.9M | 23.2M | 24.1M | 25.7M | 17.7M | |
Non Current Liabilities Total | 2.9M | 1.3M | 923.5K | 828.4K | 784.5K | 1.2M | |
Other Current Assets | 163.2K | 3.0M | 2.2M | 2.0M | 2.6M | 3.0M | |
Property Plant And Equipment Gross | 13.7M | 13.4M | 24.4M | 18.7M | 18.9M | 13.9M | |
Total Current Assets | 51.9M | 55.6M | 49.4M | 41.6M | 47.5M | 32.9M | |
Accumulated Other Comprehensive Income | (34.1M) | (31.9M) | (39.4M) | (46.0M) | (45.9M) | (43.6M) | |
Intangible Assets | 5.4M | 3.9M | 1.6M | 127.9K | 147.1K | 139.8K | |
Cash | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.0M | |
Other Assets | 5.6M | 1.0M | 879.1K | 6.9K | 8.0K | 7.6K | |
Long Term Debt | 67.1K | 1.4M | 594.1K | 12.9K | 11.6K | 11.0K | |
Cash And Short Term Investments | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.1M | |
Common Stock Total Equity | 117.1K | 119.1K | 121.2K | 121.8K | 140.1K | 88.3K | |
Property Plant Equipment | 13.7M | 13.4M | 10.4M | 7.3M | 8.4M | 13.1M | |
Inventory | 1.7M | 2.6M | 1.9M | 1.7M | (14.3M) | (13.6M) | |
Current Deferred Revenue | 4.1M | 4.6M | 4.9M | 7.9M | 8.8M | 4.8M | |
Net Tangible Assets | 44.1M | 41.2M | 34.5M | 24.4M | 28.0M | 37.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetSol Technologies. If investors know NetSol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetSol Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.