NLIGHT Common Stock Total Equity vs Total Assets Analysis

LASR Stock

USD 12.04 0.41 3.29%

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 Common Stock Total Equity and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock Total Equity vs Total Assets

Common Stock Total Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nLIGHT Inc Common Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NLIGHT's Common Stock Total Equity and Total Assets is 0.9. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets 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 Common Stock Total Equity 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 Common Stock Total Equity of nLIGHT Inc 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 Common Stock Total Equity i.e., NLIGHT's Common Stock Total Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Assets

Total assets refers to the total amount of NLIGHT 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 nLIGHT Inc 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 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 closely tied with the direction of predictive economic indicators such as signals in state.

As of 06/07/2024, 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

Depreciation And Amortization Interest Income

NLIGHT fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse
Total Assets		-0.52	0.88	0.88	1.0	0.97	0.99	0.89	0.66	-0.79	-0.65	0.83	0.83	0.93	0.67	0.37	-0.97	0.95	0.97	0.91	0.9	0.91	0.54	-0.97	-0.11	0.96
Short Long Term Debt Total	-0.52		-0.36	-0.19	-0.58	-0.49	-0.56	-0.09	-0.19	0.81	0.0	-0.17	-0.76	-0.21	-0.69	-0.12	0.69	-0.72	-0.43	-0.31	-0.64	-0.26	-0.05	0.69	0.9	-0.44
Other Current Liab	0.88	-0.36		0.96	0.86	0.88	0.83	0.8	0.68	-0.67	-0.55	0.89	0.74	0.85	0.54	0.56	-0.85	0.8	0.84	0.85	0.9	0.79	0.37	-0.85	0.01	0.8
Total Current Liabilities	0.88	-0.19	0.96		0.84	0.87	0.82	0.89	0.65	-0.61	-0.58	0.96	0.69	0.9	0.41	0.53	-0.79	0.76	0.85	0.87	0.8	0.82	0.37	-0.79	0.22	0.81
Total Stockholder Equity	1.0	-0.58	0.86	0.84		0.97	0.99	0.85	0.64	-0.81	-0.63	0.79	0.85	0.9	0.7	0.34	-0.98	0.97	0.97	0.89	0.91	0.89	0.53	-0.98	-0.18	0.96
Other Liab	0.97	-0.49	0.88	0.87	0.97		0.97	0.89	0.74	-0.72	-0.69	0.77	0.75	0.93	0.78	0.51	-0.95	0.91	0.98	0.92	0.9	0.92	0.61	-0.95	-0.07	0.97
Net Tangible Assets	0.99	-0.56	0.83	0.82	0.99	0.97		0.85	0.68	-0.78	-0.67	0.74	0.81	0.9	0.73	0.32	-0.97	0.96	0.98	0.88	0.91	0.9	0.59	-0.97	-0.17	0.98
Property Plant And Equipment Net	0.89	-0.09	0.8	0.89	0.85	0.89	0.85		0.67	-0.45	-0.78	0.82	0.51	0.99	0.48	0.41	-0.76	0.7	0.91	0.93	0.7	0.95	0.67	-0.76	0.34	0.91
Current Deferred Revenue	0.66	-0.19	0.68	0.65	0.64	0.74	0.68	0.67		-0.26	-0.88	0.47	0.38	0.69	0.64	0.42	-0.67	0.57	0.76	0.68	0.65	0.78	0.71	-0.67	0.13	0.7
Net Debt	-0.79	0.81	-0.67	-0.61	-0.81	-0.72	-0.78	-0.45	-0.26		0.09	-0.66	-0.98	-0.53	-0.55	-0.25	0.84	-0.91	-0.67	-0.56	-0.78	-0.48	0.0	0.84	0.56	-0.67
Retained Earnings	-0.65	0.0	-0.55	-0.58	-0.63	-0.69	-0.67	-0.78	-0.88	0.09		-0.42	-0.2	-0.76	-0.52	-0.18	0.59	-0.49	-0.77	-0.7	-0.54	-0.86	-0.92	0.59	-0.32	-0.74
Accounts Payable	0.83	-0.17	0.89	0.96	0.79	0.77	0.74	0.82	0.47	-0.66	-0.42		0.73	0.83	0.25	0.46	-0.73	0.73	0.75	0.79	0.69	0.71	0.18	-0.73	0.21	0.71
Cash	0.83	-0.76	0.74	0.69	0.85	0.75	0.81	0.51	0.38	-0.98	-0.2	0.73		0.58	0.54	0.28	-0.87	0.94	0.71	0.6	0.8	0.53	0.05	-0.87	-0.48	0.69
Non Current Assets Total	0.93	-0.21	0.85	0.9	0.9	0.93	0.9	0.99	0.69	-0.53	-0.76	0.83	0.58		0.56	0.45	-0.83	0.77	0.94	0.97	0.76	0.97	0.65	-0.83	0.22	0.94
Non Currrent Assets Other	0.67	-0.69	0.54	0.41	0.7	0.78	0.73	0.48	0.64	-0.55	-0.52	0.25	0.54	0.56		0.52	-0.79	0.71	0.71	0.59	0.73	0.62	0.6	-0.79	-0.42	0.71
Other Assets	0.37	-0.12	0.56	0.53	0.34	0.51	0.32	0.41	0.42	-0.25	-0.18	0.46	0.28	0.45	0.52		-0.41	0.29	0.35	0.49	0.36	0.34	0.09	-0.41	0.13	0.31
Long Term Debt	-0.97	0.69	-0.85	-0.79	-0.98	-0.95	-0.97	-0.76	-0.67	0.84	0.59	-0.73	-0.87	-0.83	-0.79	-0.41		-0.97	-0.93	-0.85	-0.93	-0.84	-0.5	1.0	0.32	-0.91
Cash And Short Term Investments	0.95	-0.72	0.8	0.76	0.97	0.91	0.96	0.7	0.57	-0.91	-0.49	0.73	0.94	0.77	0.71	0.29	-0.97		0.89	0.76	0.91	0.76	0.39	-0.97	-0.37	0.88
Net Receivables	0.97	-0.43	0.84	0.85	0.97	0.98	0.98	0.91	0.76	-0.67	-0.77	0.75	0.71	0.94	0.71	0.35	-0.93	0.89		0.92	0.88	0.95	0.68	-0.93	-0.02	0.99
Good Will	0.91	-0.31	0.85	0.87	0.89	0.92	0.88	0.93	0.68	-0.56	-0.7	0.79	0.6	0.97	0.59	0.49	-0.85	0.76	0.92		0.78	0.96	0.59	-0.85	0.1	0.91
Common Stock Total Equity	0.9	-0.64	0.9	0.8	0.91	0.9	0.91	0.7	0.65	-0.78	-0.54	0.69	0.8	0.76	0.73	0.36	-0.93	0.91	0.88	0.78		0.77	0.48	-0.93	-0.31	0.86
Common Stock Shares Outstanding	0.91	-0.26	0.79	0.82	0.89	0.92	0.9	0.95	0.78	-0.48	-0.86	0.71	0.53	0.97	0.62	0.34	-0.84	0.76	0.95	0.96	0.77		0.77	-0.84	0.14	0.95
Short Term Investments	0.54	-0.05	0.37	0.37	0.53	0.61	0.59	0.67	0.71	0.0	-0.92	0.18	0.05	0.65	0.6	0.09	-0.5	0.39	0.68	0.59	0.48	0.77		-0.5	0.21	0.69
Long Term Debt Total	-0.97	0.69	-0.85	-0.79	-0.98	-0.95	-0.97	-0.76	-0.67	0.84	0.59	-0.73	-0.87	-0.83	-0.79	-0.41	1.0	-0.97	-0.93	-0.85	-0.93	-0.84	-0.5		0.32	-0.91
Non Current Liabilities Total	-0.11	0.9	0.01	0.22	-0.18	-0.07	-0.17	0.34	0.13	0.56	-0.32	0.21	-0.48	0.22	-0.42	0.13	0.32	-0.37	-0.02	0.1	-0.31	0.14	0.21	0.32		-0.04
Capital Surpluse	0.96	-0.44	0.8	0.81	0.96	0.97	0.98	0.91	0.7	-0.67	-0.74	0.71	0.69	0.94	0.71	0.31	-0.91	0.88	0.99	0.91	0.86	0.95	0.69	-0.91	-0.04

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NLIGHT Account Relationship Matchups

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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NLIGHT Common Stock Total Equity vs Total Assets Analysis

Common Stock Total Equity vs Total Assets

Common Stock Total Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock Total Equity

Total Assets

NLIGHT fundamental ratios Correlations

NLIGHT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NLIGHT fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for NLIGHT Stock Analysis

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Long Term Debt Total	+ 1.0	Long Term Debt
Net Tangible Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Capital Surpluse	+ 0.99	Net Receivables

Cash	- 0.98	Net Debt
Long Term Debt Total	- 0.98	Total Stockholder Equity
Long Term Debt	- 0.98	Total Stockholder Equity
Long Term Debt Total	- 0.97	Cash And Short Term Investments
Cash And Short Term Investments	- 0.97	Long Term Debt
Long Term Debt Total	- 0.97	Net Tangible Assets