NetSuite Invested Capital Average vs Average Equity 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 Invested Capital Average and its Average Equity accounts. See also Stocks Correlation.

Invested Capital Average vs Average Equity

Accounts Relationship

Invested Capital Average vs Average Equity

Significance: Very Strong Relationship

Invested Capital Average diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of NetSuite Invested Capital Average account and Average Equity

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.

Average Equity

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