NLIGHT Capital Stock vs Current Deferred Revenue Analysis
LASR Stock | USD 13.12 0.15 1.13% |
NLIGHT financial indicator trend analysis is infinitely more than just investigating nLIGHT Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether nLIGHT Inc is a good investment. Please check the relationship between NLIGHT Capital Stock and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nLIGHT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Capital Stock vs Current Deferred Revenue
Capital Stock vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nLIGHT Inc Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NLIGHT's Capital Stock and Current Deferred Revenue is 0.86. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of nLIGHT Inc, assuming nothing else is changed. The correlation between historical values of NLIGHT's Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of nLIGHT Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., NLIGHT's Capital Stock and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from NLIGHT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into nLIGHT Inc 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 nLIGHT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of 05/17/2024, Tax Provision is likely to grow to about (1 M). In addition to that, Selling General Administrative is likely to drop to about 39.4 M
2023 | 2024 (projected) | Depreciation And Amortization | 16.0M | 13.5M | Interest Income | 89.7K | 85.2K |
NLIGHT fundamental ratios Correlations
Click cells to compare fundamentals
NLIGHT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NLIGHT fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 250.0M | 283.6M | 373.6M | 329.2M | 309.3M | 271.8M | |
Short Long Term Debt Total | 51K | 13.0M | 17.7M | 15.6M | 14.2M | 13.4M | |
Other Current Liab | 11.6M | 15.3M | 14.7M | 12.8M | 12.6M | 13.6M | |
Total Current Liabilities | 25.0M | 41.4M | 45.8M | 34.5M | 32.8M | 34.5M | |
Total Stockholder Equity | 216.6M | 219.9M | 302.1M | 270.8M | 254.4M | 216.2M | |
Other Liab | 8.3M | 11.8M | 11.1M | 11.0M | 12.7M | 9.4M | |
Net Tangible Assets | 196.7M | 199.1M | 283.0M | 254.4M | 292.6M | 193.6M | |
Property Plant And Equipment Net | 27.7M | 56.8M | 73.1M | 74.6M | 64.9M | 49.4M | |
Current Deferred Revenue | 679K | 2.5M | 1.6M | 1.4M | 4.8M | 5.1M | |
Net Debt | (117.2M) | (89.2M) | (128.9M) | (42.2M) | (39.1M) | (41.0M) | |
Retained Earnings | (117.5M) | (138.4M) | (168.1M) | (222.6M) | (264.3M) | (251.1M) | |
Accounts Payable | 12.7M | 21.1M | 26.3M | 17.5M | 12.2M | 17.1M | |
Cash | 117.3M | 102.3M | 146.5M | 57.8M | 53.2M | 93.1M | |
Non Current Assets Total | 51.4M | 83.1M | 96.4M | 98.5M | 88.7M | 68.8M | |
Non Currrent Assets Other | 3.7M | 5.5M | (381K) | 4.3M | 6.9M | 3.7M | |
Other Assets | 3.7M | 29.5M | 4.1M | 7.5M | 8.6M | 9.4M | |
Cash And Short Term Investments | 117.3M | 102.3M | 146.5M | 108.2M | 112.9M | 108.2M | |
Net Receivables | 27.1M | 31.8M | 41.6M | 37.9M | 46.9M | 32.6M | |
Good Will | 9.9M | 12.5M | 12.4M | 12.4M | 12.4M | 8.8M | |
Common Stock Shares Outstanding | 37.1M | 38.4M | 42.1M | 44.4M | 46.1M | 40.7M | |
Liabilities And Stockholders Equity | 250.0M | 283.6M | 373.6M | 329.2M | 309.3M | 271.8M | |
Non Current Liabilities Total | 8.3M | 22.4M | 25.7M | 23.9M | 22.1M | 21.1M | |
Capital Surpluse | 324.7M | 336.7M | 358.5M | 470.8M | 541.4M | 334.5M | |
Inventory | 46.1M | 54.7M | 73.7M | 67.6M | 52.2M | 52.0M | |
Other Current Assets | 8.1M | 11.8M | 15.4M | 17.0M | 8.6M | 9.4M | |
Other Stockholder Equity | 336.7M | 358.5M | 470.8M | 496.2M | 521.2M | 390.8M | |
Total Liab | 33.4M | 63.7M | 71.5M | 58.4M | 54.9M | 55.6M | |
Property Plant And Equipment Gross | 27.7M | 56.8M | 73.1M | 74.6M | 160.3M | 168.3M | |
Short Long Term Debt | 2.4M | 91K | 51K | 184K | 165.6K | 157.3K | |
Total Current Assets | 198.6M | 200.6M | 277.2M | 230.8M | 220.6M | 203.1M | |
Accumulated Other Comprehensive Income | (2.7M) | (259K) | (587K) | (2.7M) | (2.5M) | (2.6M) | |
Non Current Liabilities Other | 1.9M | 22.2M | 4.0M | 4.3M | 3.3M | 5.5M | |
Short Term Debt | 51K | 2.5M | 3.1M | 2.8M | 3.2M | 2.1M | |
Intangible Assets | 10.0M | 8.3M | 6.7M | 4.0M | 1.7M | 1.6M | |
Property Plant Equipment | 27.7M | 44.5M | 73.1M | 74.6M | 85.8M | 43.5M |
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Is NLIGHT'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 NLIGHT. If investors know NLIGHT 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 NLIGHT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.02) | Revenue Per Share 4.312 | Quarterly Revenue Growth (0.18) | Return On Assets (0.10) | Return On Equity (0.19) |
The market value of nLIGHT Inc is measured differently than its book value, which is the value of NLIGHT that is recorded on the company's balance sheet. Investors also form their own opinion of NLIGHT's value that differs from its market value or its book value, called intrinsic value, which is NLIGHT'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 NLIGHT's market value can be influenced by many factors that don't directly affect NLIGHT'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 NLIGHT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NLIGHT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NLIGHT'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.