Now Net Debt from 2010 to 2024
| DNOW Stock | USD 14.63 0.05 0.34% |
Net Debt | First Reported 2013-12-31 | Previous Quarter -166 M | Current Value -236 M | Quarterly Volatility 137.9 M |
Check Now financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Now main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.9 M, Interest Expense of 7.6 M or Selling General Administrative of 480.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0 or PTB Ratio of 1.46. Now financial statements analysis is a perfect complement when working with Now Valuation or Volatility modules.
Now | Net Debt |
Latest Now's Net Debt Growth Pattern
Below is the plot of the Net Debt of Now Inc over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Now's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Now's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
|
Net Debt |
| Timeline |
Now Net Debt Regression Statistics
| Arithmetic Mean | (132,213,333) | |
| Geometric Mean | 105,567,602 | |
| Coefficient Of Variation | (90.42) | |
| Mean Deviation | 94,760,889 | |
| Median | (101,000,000) | |
| Standard Deviation | 119,546,511 | |
| Sample Variance | 14291.4T | |
| Range | 426M | |
| R-Value | (0.48) | |
| Mean Square Error | 11839.4T | |
| R-Squared | 0.23 | |
| Significance | 0.07 | |
| Slope | (12,840,714) | |
| Total Sum of Squares | 200079.2T |
Now Net Debt History
Other Fundumenentals of Now Inc
Now Net Debt component correlations
Click cells to compare fundamentals
About Now Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Now income statement, its balance sheet, and the statement of cash flows. Now investors use historical funamental indicators, such as Now's Net Debt, to determine how well the company is positioned to perform in the future. Although Now investors may use each financial statement separately, they are all related. The changes in Now's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Now's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Now Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Now. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Debt | -236 M | -224.2 M | |
| Net Debt To EBITDA | (1.36) | (1.42) |
Pair Trading with Now
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 Now 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 Now will appreciate offsetting losses from the drop in the long position's value.Moving together with Now Stock
| 0.67 | B | Barnes Group Earnings Call This Week | PairCorr |
| 0.7 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.72 | HI | Hillenbrand Earnings Call This Week | PairCorr |
| 0.89 | IR | Ingersoll Rand Earnings Call This Week | PairCorr |
Moving against Now Stock
| 0.83 | ATS | ATS Corporation | PairCorr |
| 0.44 | RR | Richtech Robotics Class | PairCorr |
| 0.42 | BW | Babcock Wilcox Enter Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Now could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Now 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 Now - 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 Now Inc to buy it.
The correlation of Now 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 Now moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Now Inc 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 Now 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.Check out the analysis of Now Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Now Stock analysis
When running Now's price analysis, check to measure Now'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 Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.
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Is Now's industry 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 Now. If investors know Now 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 Now 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 3.812 | Earnings Share 2.24 | Revenue Per Share 21.612 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0645 |
The market value of Now Inc is measured differently than its book value, which is the value of Now that is recorded on the company's balance sheet. Investors also form their own opinion of Now's value that differs from its market value or its book value, called intrinsic value, which is Now's 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 Now's market value can be influenced by many factors that don't directly affect Now's 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 Now's value and its price as these two are different measures arrived at by different means. Investors typically determine if Now is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Now's 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.