Naas Total Stockholder Equity vs Common Stock 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 Total Stockholder Equity and its Common Stock 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.

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naas Technology ADR Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Naas Technology's Total Stockholder Equity and Common Stock is -0.55. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock 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 Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Naas Technology ADR are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Naas Technology's Total Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock

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

Total Operating Expenses Cost Of Revenue

Naas Technology fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		-0.29	-0.37	0.94	0.4	0.69	0.8	-0.2	0.1	0.49	0.92	0.88	-0.49	0.93	-0.14	0.61	-0.04	0.68	-0.08	0.02	-0.06	0.9	0.84	0.34	0.54	-0.1
Common Stock Shares Outstanding	-0.29		0.46	-0.31	-0.69	0.21	-0.67	0.81	-0.51	-0.25	-0.41	-0.39	0.35	-0.38	0.51	-0.59	0.36	0.39	-0.08	0.45	0.44	0.02	-0.09	0.51	-0.84	0.5
Other Current Liab	-0.37	0.46		-0.26	-0.54	-0.01	-0.32	0.33	0.0	-0.89	-0.31	-0.34	0.96	-0.31	0.09	-0.05	0.1	0.03	0.22	-0.01	-0.06	-0.14	-0.29	0.1	-0.44	0.01
Total Current Liabilities	0.94	-0.31	-0.26		0.22	0.58	0.83	-0.17	0.13	0.43	0.92	0.79	-0.42	0.93	-0.09	0.58	0.05	0.67	0.18	-0.01	-0.12	0.93	0.83	0.37	0.49	-0.14
Total Stockholder Equity	0.4	-0.69	-0.54	0.22		0.25	0.56	-0.78	0.56	0.22	0.32	0.61	-0.35	0.29	-0.69	0.69	-0.61	-0.34	-0.23	-0.55	-0.48	-0.03	0.04	-0.5	0.87	-0.55
Property Plant And Equipment Net	0.69	0.21	-0.01	0.58	0.25		0.44	0.07	0.25	0.08	0.49	0.79	-0.11	0.48	-0.24	0.55	-0.2	0.57	0.06	-0.18	-0.25	0.64	0.36	0.35	0.28	-0.24
Current Deferred Revenue	0.8	-0.67	-0.32	0.83	0.56	0.44		-0.67	0.58	0.25	0.87	0.79	-0.34	0.85	-0.57	0.83	-0.42	0.25	0.13	-0.47	-0.54	0.63	0.57	-0.17	0.8	-0.58
Net Debt	-0.2	0.81	0.33	-0.17	-0.78	0.07	-0.67		-0.79	0.04	-0.33	-0.33	0.13	-0.29	0.86	-0.67	0.79	0.47	0.04	0.78	0.75	0.11	0.02	0.81	-0.8	0.79
Retained Earnings	0.1	-0.51	0.0	0.13	0.56	0.25	0.58	-0.79		-0.33	0.14	0.41	0.15	0.1	-0.94	0.77	-0.83	-0.42	0.34	-0.99	-0.99	-0.11	-0.28	-0.7	0.7	-1.0
Accounts Payable	0.49	-0.25	-0.89	0.43	0.22	0.08	0.25	0.04	-0.33		0.41	0.34	-0.98	0.43	0.31	-0.12	0.31	0.31	-0.13	0.38	0.39	0.4	0.51	0.34	0.21	0.33
Cash	0.92	-0.41	-0.31	0.92	0.32	0.49	0.87	-0.33	0.14	0.41		0.73	-0.42	1.0	-0.2	0.56	-0.13	0.63	-0.13	-0.02	-0.12	0.86	0.87	0.18	0.5	-0.14
Non Current Assets Total	0.88	-0.39	-0.34	0.79	0.61	0.79	0.79	-0.33	0.41	0.34	0.73		-0.39	0.72	-0.39	0.82	-0.24	0.37	0.11	-0.3	-0.35	0.65	0.47	0.16	0.75	-0.4
Non Currrent Assets Other	-0.49	0.35	0.96	-0.42	-0.35	-0.11	-0.34	0.13	0.15	-0.98	-0.42	-0.39		-0.43	-0.11	0.01	-0.12	-0.21	0.13	-0.19	-0.21	-0.34	-0.46	-0.17	-0.33	-0.14
Cash And Short Term Investments	0.93	-0.38	-0.31	0.93	0.29	0.48	0.85	-0.29	0.1	0.43	1.0	0.72	-0.43		-0.15	0.53	-0.08	0.66	-0.12	0.03	-0.07	0.88	0.9	0.22	0.47	-0.09
Net Receivables	-0.14	0.51	0.09	-0.09	-0.69	-0.24	-0.57	0.86	-0.94	0.31	-0.2	-0.39	-0.11	-0.15		-0.75	0.96	0.39	0.0	0.94	0.92	0.12	0.19	0.8	-0.71	0.93
Good Will	0.61	-0.59	-0.05	0.58	0.69	0.55	0.83	-0.67	0.77	-0.12	0.56	0.82	0.01	0.53	-0.75		-0.58	0.0	0.2	-0.7	-0.74	0.36	0.19	-0.3	0.88	-0.77
Short Term Investments	-0.04	0.36	0.1	0.05	-0.61	-0.2	-0.42	0.79	-0.83	0.31	-0.13	-0.24	-0.12	-0.08	0.96	-0.58		0.36	0.2	0.86	0.83	0.18	0.19	0.84	-0.52	0.83
Non Current Liabilities Total	0.68	0.39	0.03	0.67	-0.34	0.57	0.25	0.47	-0.42	0.31	0.63	0.37	-0.21	0.66	0.39	0.0	0.36		-0.16	0.51	0.39	0.9	0.82	0.71	-0.22	0.42
Inventory	-0.08	-0.08	0.22	0.18	-0.23	0.06	0.13	0.04	0.34	-0.13	-0.13	0.11	0.13	-0.12	0.0	0.2	0.2	-0.16		-0.31	-0.36	0.01	-0.27	0.15	0.13	-0.36
Other Current Assets	0.02	0.45	-0.01	-0.01	-0.55	-0.18	-0.47	0.78	-0.99	0.38	-0.02	-0.3	-0.19	0.03	0.94	-0.7	0.86	0.51	-0.31		0.99	0.23	0.37	0.76	-0.64	0.99
Other Stockholder Equity	-0.06	0.44	-0.06	-0.12	-0.48	-0.25	-0.54	0.75	-0.99	0.39	-0.12	-0.35	-0.21	-0.07	0.92	-0.74	0.83	0.39	-0.36	0.99		0.1	0.28	0.69	-0.63	1.0
Total Liab	0.9	0.02	-0.14	0.93	-0.03	0.64	0.63	0.11	-0.11	0.4	0.86	0.65	-0.34	0.88	0.12	0.36	0.18	0.9	0.01	0.23	0.1		0.91	0.55	0.19	0.1
Total Current Assets	0.84	-0.09	-0.29	0.83	0.04	0.36	0.57	0.02	-0.28	0.51	0.87	0.47	-0.46	0.9	0.19	0.19	0.19	0.82	-0.27	0.37	0.28	0.91		0.44	0.15	0.27
Short Term Debt	0.34	0.51	0.1	0.37	-0.5	0.35	-0.17	0.81	-0.7	0.34	0.18	0.16	-0.17	0.22	0.8	-0.3	0.84	0.71	0.15	0.76	0.69	0.55	0.44		-0.41	0.7
Intangible Assets	0.54	-0.84	-0.44	0.49	0.87	0.28	0.8	-0.8	0.7	0.21	0.5	0.75	-0.33	0.47	-0.71	0.88	-0.52	-0.22	0.13	-0.64	-0.63	0.19	0.15	-0.41		-0.7
Common Stock	-0.1	0.5	0.01	-0.14	-0.55	-0.24	-0.58	0.79	-1.0	0.33	-0.14	-0.4	-0.14	-0.09	0.93	-0.77	0.83	0.42	-0.36	0.99	1.0	0.1	0.27	0.7	-0.7

Click cells to compare fundamentals

Naas Technology Account Relationship Matchups

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

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0.79	JD	JD Inc Adr	Pair Corr
0.76	AN	AutoNation	Pair Corr
0.76	LE	Lands End Earnings Call This Week	Pair Corr
0.57	EBAY	eBay Inc	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Naas Technology ADR is a strong investment it is important to analyze Naas Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Naas Technology's future performance. For an informed investment choice regarding Naas Stock, refer to the following important reports:

How To Invest In Naas

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Is Naas Stock a good investment?

Details

What is Naas Technology's Net Worth?

Details

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Naas Stock analysis

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.

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Naas Total Stockholder Equity vs Common Stock Analysis

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Common Stock

Naas Technology fundamental ratios Correlations

Naas Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Naas Technology fundamental ratios Accounts

Pair Trading with Naas Technology

Moving against Naas Stock

Complementary Tools for Naas Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Other Stockholder Equity
Other Stockholder Equity	+ 0.99	Other Current Assets
Common Stock	+ 0.99	Other Current Assets
Non Currrent Assets Other	+ 0.96	Other Current Liab
Short Term Investments	+ 0.96	Net Receivables

Common Stock	- 1.0	Retained Earnings
Other Stockholder Equity	- 0.99	Retained Earnings
Other Current Assets	- 0.99	Retained Earnings
Non Currrent Assets Other	- 0.98	Accounts Payable
Net Receivables	- 0.94	Retained Earnings
Accounts Payable	- 0.89	Other Current Liab