NetSuite Enterprise Value vs Average Assets Analysis

NetSuite financial indicator trend analysis is infinitely more than just investigating NetSuite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSuite is a good investment. Please check the relationship between NetSuite Enterprise Value and its Average Assets accounts. See also Stocks Correlation.

Enterprise Value vs Average Assets

Accounts Relationship

Enterprise Value vs Average Assets

Significance: Very Strong Relationship

Enterprise Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of NetSuite Enterprise Value account and Average Assets

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Enterprise Value

Enterprise Value (or EV) is usually referred to as NetSuite theoretical takeover price. In the event of an acquisition, an acquirer would have to take on NetSuite debt, but would also pocket its cash. Enterprise Value is more accurate representation of NetSuite value than its market capitalization because it takes into account all of NetSuite existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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