NLIGHT Intangible Assets vs Net Working Capital Analysis
LASR Stock | USD 13.23 0.05 0.38% |
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 Intangible Assets and its Net Working Capital 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.
Intangible Assets vs Net Working Capital
Intangible Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nLIGHT Inc Intangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NLIGHT's Intangible Assets and Net Working Capital is 0.57. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Working Capital 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 Intangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of nLIGHT Inc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Intangible Assets i.e., NLIGHT's Intangible Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Working Capital
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 05/20/2024, 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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
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.