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 DirectionPositive 
Relationship StrengthStrong

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 Amortization16.0M13.5M
Interest Income89.7K85.2K

NLIGHT fundamental ratios Correlations

-0.520.880.881.00.970.990.890.66-0.79-0.650.830.830.930.670.37-0.970.950.970.910.90.910.54-0.97-0.110.96
-0.52-0.36-0.19-0.58-0.49-0.56-0.09-0.190.810.0-0.17-0.76-0.21-0.69-0.120.69-0.72-0.43-0.31-0.64-0.26-0.050.690.9-0.44
0.88-0.360.960.860.880.830.80.68-0.67-0.550.890.740.850.540.56-0.850.80.840.850.90.790.37-0.850.010.8
0.88-0.190.960.840.870.820.890.65-0.61-0.580.960.690.90.410.53-0.790.760.850.870.80.820.37-0.790.220.81
1.0-0.580.860.840.970.990.850.64-0.81-0.630.790.850.90.70.34-0.980.970.970.890.910.890.53-0.98-0.180.96
0.97-0.490.880.870.970.970.890.74-0.72-0.690.770.750.930.780.51-0.950.910.980.920.90.920.61-0.95-0.070.97
0.99-0.560.830.820.990.970.850.68-0.78-0.670.740.810.90.730.32-0.970.960.980.880.910.90.59-0.97-0.170.98
0.89-0.090.80.890.850.890.850.67-0.45-0.780.820.510.990.480.41-0.760.70.910.930.70.950.67-0.760.340.91
0.66-0.190.680.650.640.740.680.67-0.26-0.880.470.380.690.640.42-0.670.570.760.680.650.780.71-0.670.130.7
-0.790.81-0.67-0.61-0.81-0.72-0.78-0.45-0.260.09-0.66-0.98-0.53-0.55-0.250.84-0.91-0.67-0.56-0.78-0.480.00.840.56-0.67
-0.650.0-0.55-0.58-0.63-0.69-0.67-0.78-0.880.09-0.42-0.2-0.76-0.52-0.180.59-0.49-0.77-0.7-0.54-0.86-0.920.59-0.32-0.74
0.83-0.170.890.960.790.770.740.820.47-0.66-0.420.730.830.250.46-0.730.730.750.790.690.710.18-0.730.210.71
0.83-0.760.740.690.850.750.810.510.38-0.98-0.20.730.580.540.28-0.870.940.710.60.80.530.05-0.87-0.480.69
0.93-0.210.850.90.90.930.90.990.69-0.53-0.760.830.580.560.45-0.830.770.940.970.760.970.65-0.830.220.94
0.67-0.690.540.410.70.780.730.480.64-0.55-0.520.250.540.560.52-0.790.710.710.590.730.620.6-0.79-0.420.71
0.37-0.120.560.530.340.510.320.410.42-0.25-0.180.460.280.450.52-0.410.290.350.490.360.340.09-0.410.130.31
-0.970.69-0.85-0.79-0.98-0.95-0.97-0.76-0.670.840.59-0.73-0.87-0.83-0.79-0.41-0.97-0.93-0.85-0.93-0.84-0.51.00.32-0.91
0.95-0.720.80.760.970.910.960.70.57-0.91-0.490.730.940.770.710.29-0.970.890.760.910.760.39-0.97-0.370.88
0.97-0.430.840.850.970.980.980.910.76-0.67-0.770.750.710.940.710.35-0.930.890.920.880.950.68-0.93-0.020.99
0.91-0.310.850.870.890.920.880.930.68-0.56-0.70.790.60.970.590.49-0.850.760.920.780.960.59-0.850.10.91
0.9-0.640.90.80.910.90.910.70.65-0.78-0.540.690.80.760.730.36-0.930.910.880.780.770.48-0.93-0.310.86
0.91-0.260.790.820.890.920.90.950.78-0.48-0.860.710.530.970.620.34-0.840.760.950.960.770.77-0.840.140.95
0.54-0.050.370.370.530.610.590.670.710.0-0.920.180.050.650.60.09-0.50.390.680.590.480.77-0.50.210.69
-0.970.69-0.85-0.79-0.98-0.95-0.97-0.76-0.670.840.59-0.73-0.87-0.83-0.79-0.411.0-0.97-0.93-0.85-0.93-0.84-0.50.32-0.91
-0.110.90.010.22-0.18-0.07-0.170.340.130.56-0.320.21-0.480.22-0.420.130.32-0.37-0.020.1-0.310.140.210.32-0.04
0.96-0.440.80.810.960.970.980.910.7-0.67-0.740.710.690.940.710.31-0.910.880.990.910.860.950.69-0.91-0.04
Click cells to compare fundamentals

NLIGHT Account Relationship Matchups

NLIGHT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets250.0M283.6M373.6M329.2M309.3M271.8M
Short Long Term Debt Total51K13.0M17.7M15.6M14.2M13.4M
Other Current Liab11.6M15.3M14.7M12.8M12.6M13.6M
Total Current Liabilities25.0M41.4M45.8M34.5M32.8M34.5M
Total Stockholder Equity216.6M219.9M302.1M270.8M254.4M216.2M
Other Liab8.3M11.8M11.1M11.0M12.7M9.4M
Net Tangible Assets196.7M199.1M283.0M254.4M292.6M193.6M
Property Plant And Equipment Net27.7M56.8M73.1M74.6M64.9M49.4M
Current Deferred Revenue679K2.5M1.6M1.4M4.8M5.1M
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 Payable12.7M21.1M26.3M17.5M12.2M17.1M
Cash117.3M102.3M146.5M57.8M53.2M93.1M
Non Current Assets Total51.4M83.1M96.4M98.5M88.7M68.8M
Non Currrent Assets Other3.7M5.5M(381K)4.3M6.9M3.7M
Other Assets3.7M29.5M4.1M7.5M8.6M9.4M
Cash And Short Term Investments117.3M102.3M146.5M108.2M112.9M108.2M
Net Receivables27.1M31.8M41.6M37.9M46.9M32.6M
Good Will9.9M12.5M12.4M12.4M12.4M8.8M
Common Stock Shares Outstanding37.1M38.4M42.1M44.4M46.1M40.7M
Liabilities And Stockholders Equity250.0M283.6M373.6M329.2M309.3M271.8M
Non Current Liabilities Total8.3M22.4M25.7M23.9M22.1M21.1M
Capital Surpluse324.7M336.7M358.5M470.8M541.4M334.5M
Inventory46.1M54.7M73.7M67.6M52.2M52.0M
Other Current Assets8.1M11.8M15.4M17.0M8.6M9.4M
Other Stockholder Equity336.7M358.5M470.8M496.2M521.2M390.8M
Total Liab33.4M63.7M71.5M58.4M54.9M55.6M
Property Plant And Equipment Gross27.7M56.8M73.1M74.6M160.3M168.3M
Short Long Term Debt2.4M91K51K184K165.6K157.3K
Total Current Assets198.6M200.6M277.2M230.8M220.6M203.1M
Accumulated Other Comprehensive Income(2.7M)(259K)(587K)(2.7M)(2.5M)(2.6M)
Non Current Liabilities Other1.9M22.2M4.0M4.3M3.3M5.5M
Short Term Debt51K2.5M3.1M2.8M3.2M2.1M
Intangible Assets10.0M8.3M6.7M4.0M1.7M1.6M
Property Plant Equipment27.7M44.5M73.1M74.6M85.8M43.5M

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When determining whether nLIGHT Inc is a strong investment it is important to analyze NLIGHT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NLIGHT's future performance. For an informed investment choice regarding NLIGHT Stock, refer to the following important reports:
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.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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