NLIGHT Non Current Assets Total vs Capital Surpluse Analysis
LASR Stock | USD 12.12 0.14 1.14% |
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 Non Current Assets Total and its Capital Surpluse 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.
Non Current Assets Total vs Capital Surpluse
Non Current Assets Total vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nLIGHT Inc Non Current Assets Total account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NLIGHT's Non Current Assets Total and Capital Surpluse is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Capital Surpluse 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 Non Current Assets Total and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of nLIGHT Inc are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Non Current Assets Total i.e., NLIGHT's Non Current Assets Total and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Capital Surpluse
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 06/14/2024, 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
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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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