NLIGHT Good Will vs Other Liab Analysis

LASR Stock

USD 13.15 0.01 0.08%

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 Good Will and its Other Liab 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.

Good Will vs Other Liab

Good Will vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nLIGHT Inc Good Will account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between NLIGHT's Good Will and Other Liab is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Liab 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 Good Will and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of nLIGHT Inc are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Good Will i.e., NLIGHT's Good Will and Other Liab go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Liab

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 06/01/2024, 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

Click cells to compare fundamentals

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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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:

How To Invest In NLIGHT

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Is NLIGHT Stock a good investment?

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What is NLIGHT's Net Worth?

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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for NLIGHT Stock analysis

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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	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon

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.

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NLIGHT Good Will vs Other Liab Analysis

Good Will vs Other Liab

Good Will vs Other Liab Correlation Analysis

Correlation Coefficient

Good Will

Other Liab

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!

Complementary Tools for NLIGHT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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