Naas Long Term Debt vs Current Deferred Revenue Analysis
NAAS Stock | USD 0.33 0.04 10.81% |
Naas Technology financial indicator trend analysis is infinitely more than just investigating Naas Technology ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naas Technology ADR is a good investment. Please check the relationship between Naas Technology Long Term Debt and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naas Technology ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Long Term Debt vs Current Deferred Revenue
Long Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naas Technology ADR Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Naas Technology's Long Term Debt and Current Deferred Revenue is -0.46. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Naas Technology ADR, assuming nothing else is changed. The correlation between historical values of Naas Technology's Long Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Naas Technology ADR are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., Naas Technology's Long Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Naas Technology ADR has held for over one year. Long-term debt appears on Naas Technology ADR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Naas Technology ADR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Naas Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naas Technology ADR 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 Naas Technology ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Naas Technology's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 252.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.04) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 250.2M | 2.5B | 1.2B | 627.3M | Cost Of Revenue | 18.9M | 86.6M | 231.3M | 245.9M |
Naas Technology fundamental ratios Correlations
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Naas Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naas Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 67.6M | 153.4M | 1.1B | 1.5B | 1.1B | |
Common Stock Shares Outstanding | 10.2M | 11.6M | 214.2M | 192.8M | 226.0M | 122.8M | |
Other Current Liab | 217.4M | 940.1M | 85.0M | 64.5M | 211.1M | 253.5M | |
Total Current Liabilities | 1.2B | 43.5M | 115.9M | 192.1M | 817.0M | 537.5M | |
Total Stockholder Equity | 608.9M | 9.8M | 25.1M | 438.9M | (47.0M) | (44.7M) | |
Property Plant And Equipment Net | 747.7M | 19.2M | 21.1M | 19.6M | 18.4M | 17.5M | |
Current Deferred Revenue | 716.6M | 8.4M | 22.4M | 33.5M | 101.1M | 96.0M | |
Net Debt | 127.4M | 14.9M | 11.7M | 6.0M | 605.3M | 635.6M | |
Retained Earnings | (127.1M) | (138.2M) | (390.5M) | (6.0B) | (7.3B) | (7.0B) | |
Accounts Payable | 7.6M | (909.3M) | 437K | 49.2M | 152.1M | 159.7M | |
Cash | 999.0M | 3.7M | 8.7M | 513.4M | 436.2M | 485.6M | |
Non Current Assets Total | 1.7B | 19.2M | 26.4M | 175.1M | 321.1M | 491.2M | |
Non Currrent Assets Other | 49.6M | 1.7B | (25.3M) | 13.9M | 8.6M | 8.2M | |
Cash And Short Term Investments | 999.0M | 3.7M | 8.7M | 513.4M | 534.3M | 494.4M | |
Net Receivables | 7.5M | 21.2M | 68.9M | 130.0M | 355.6M | 373.4M | |
Good Will | 492.0M | 665.4M | 328.3M | 0.0 | 40.1M | 38.1M | |
Liabilities And Stockholders Equity | 2.8B | 67.6M | 153.4M | 1.1B | 1.5B | 1.1B | |
Non Current Liabilities Total | 944.1M | 14.4M | 12.4M | 474.9M | 691.7M | 449.8M | |
Inventory | 8.7M | 23.0M | 48.1M | (130.0M) | 22.5M | 23.6M | |
Other Current Assets | 69.7M | 418K | 1.2M | 417.4M | 534.4M | 561.2M | |
Other Stockholder Equity | 583.3M | 3.0M | 382.6M | 6.4B | 7.2B | 7.6B | |
Total Liab | 2.2B | 57.8M | 128.3M | 667.1M | 1.5B | 864.6M | |
Total Current Assets | 1.1B | 48.4M | 127.0M | 930.8M | 1.1B | 634.7M | |
Accumulated Other Comprehensive Income | 145.7M | 145.0M | 33.0M | (35.2M) | (65.7M) | (62.4M) | |
Short Term Debt | 291.9M | 4.2M | 8.1M | 44.9M | 352.8M | 370.4M | |
Intangible Assets | 198.1M | 210.3M | 14.5M | 833K | 13.3M | 12.7M | |
Common Stock | 6.9M | 7.0M | 7.0M | 146.7M | 165.2M | 173.4M | |
Short Long Term Debt Total | 1.1B | 18.6M | 20.5M | 519.3M | 1.0B | 592.1M |
Pair Trading with Naas Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Naas Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Naas Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Naas Stock
0.86 | BQ | Boqii Holding Limited | PairCorr |
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0.76 | AN | AutoNation | PairCorr |
0.76 | LE | Lands End Earnings Call This Week | PairCorr |
0.57 | EBAY | eBay Inc | PairCorr |
The ability to find closely correlated positions to Naas Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Naas Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Naas Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Naas Technology ADR to buy it.
The correlation of Naas Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Naas Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Naas Technology ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Naas Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naas Technology ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Naas Technology ADR information on this page should be used as a complementary analysis to other Naas Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Naas Technology's price analysis, check to measure Naas Technology'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 Naas Technology is operating at the current time. Most of Naas Technology's value examination focuses on studying past and present price action to predict the probability of Naas Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naas Technology's price. Additionally, you may evaluate how the addition of Naas Technology to your portfolios can decrease your overall portfolio volatility.
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Is Naas Technology'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 Naas Technology. If investors know Naas 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 Naas Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 1.626 | Quarterly Revenue Growth 1.661 | Return On Assets (0.58) | Return On Equity (17.40) |
The market value of Naas Technology ADR is measured differently than its book value, which is the value of Naas that is recorded on the company's balance sheet. Investors also form their own opinion of Naas Technology's value that differs from its market value or its book value, called intrinsic value, which is Naas Technology'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 Naas Technology's market value can be influenced by many factors that don't directly affect Naas Technology'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 Naas Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Naas Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Naas Technology'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.