Nathans Other Current Assets vs Cash Analysis

NATH Stock  USD 68.96  0.02  0.03%   
Nathans Famous financial indicator trend analysis is infinitely more than just investigating Nathans Famous recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nathans Famous is a good investment. Please check the relationship between Nathans Famous Other Current Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nathans Famous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nathans Famous Other Current Assets account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nathans Famous' Other Current Assets and Cash is -0.58. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Nathans Famous, assuming nothing else is changed. The correlation between historical values of Nathans Famous' Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nathans Famous are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Nathans Famous' Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of Nathans Famous, which is listed under current asset account on Nathans Famous balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nathans Famous customers. The amounts must be unrestricted with restricted cash listed in a different Nathans Famous account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Nathans Famous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nathans Famous 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 Nathans Famous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.The Nathans Famous' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Selling General Administrative is projected to decrease to under 10.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit44.1M49.6M57.1M59.9M
Total Revenue114.9M130.8M150.4M157.9M

Nathans Famous fundamental ratios Correlations

0.720.270.47-0.780.550.76-0.690.250.97-0.10.130.990.410.080.88-0.26-0.49-0.60.880.990.01-0.510.540.080.55
0.720.080.54-0.380.230.34-0.270.140.64-0.550.520.740.160.650.470.330.01-0.440.480.790.32-0.750.71-0.240.71
0.270.080.46-0.120.310.140.020.090.210.090.060.190.29-0.120.17-0.130.23-0.430.190.24-0.77-0.150.230.380.22
0.470.540.46-0.470.30.48-0.260.620.38-0.540.010.390.670.160.450.04-0.01-0.730.490.530.14-0.710.820.40.81
-0.78-0.38-0.12-0.47-0.38-0.990.95-0.5-0.830.130.35-0.77-0.550.15-0.980.520.580.63-0.98-0.77-0.090.38-0.45-0.24-0.45
0.550.230.310.3-0.380.44-0.250.210.460.42-0.370.430.46-0.170.46-0.24-0.31-0.620.460.47-0.22-0.290.40.590.4
0.760.340.140.48-0.990.44-0.930.570.79-0.11-0.410.730.64-0.160.97-0.47-0.55-0.680.980.740.08-0.420.490.360.49
-0.69-0.270.02-0.260.95-0.25-0.93-0.33-0.780.010.32-0.71-0.350.22-0.920.590.620.37-0.9-0.68-0.120.15-0.22-0.06-0.22
0.250.140.090.62-0.50.210.57-0.330.2-0.48-0.430.180.910.020.47-0.01-0.09-0.70.510.280.14-0.650.690.70.69
0.970.640.210.38-0.830.460.79-0.780.2-0.050.060.980.3-0.040.91-0.41-0.58-0.530.90.960.0-0.370.42-0.010.42
-0.1-0.550.09-0.540.130.42-0.110.01-0.48-0.05-0.37-0.13-0.29-0.62-0.1-0.55-0.30.25-0.13-0.23-0.420.71-0.660.14-0.66
0.130.520.060.010.35-0.37-0.410.32-0.430.06-0.370.2-0.420.58-0.240.490.350.34-0.250.20.09-0.150.04-0.660.04
0.990.740.190.39-0.770.430.73-0.710.180.98-0.130.20.290.120.87-0.25-0.48-0.510.860.980.04-0.460.47-0.060.47
0.410.160.290.67-0.550.460.64-0.350.910.3-0.29-0.420.29-0.040.55-0.05-0.17-0.810.60.40.01-0.660.710.820.71
0.080.65-0.120.160.15-0.17-0.160.220.02-0.04-0.620.580.12-0.04-0.110.820.55-0.06-0.10.180.31-0.630.43-0.310.43
0.880.470.170.45-0.980.460.97-0.920.470.91-0.1-0.240.870.55-0.11-0.46-0.59-0.661.00.860.05-0.430.480.240.48
-0.260.33-0.130.040.52-0.24-0.470.59-0.01-0.41-0.550.49-0.25-0.050.82-0.460.640.08-0.45-0.170.22-0.470.34-0.160.34
-0.490.010.23-0.010.58-0.31-0.550.62-0.09-0.58-0.30.35-0.48-0.170.55-0.590.640.21-0.57-0.43-0.23-0.130.04-0.110.03
-0.6-0.44-0.43-0.730.63-0.62-0.680.37-0.7-0.530.250.34-0.51-0.81-0.06-0.660.080.21-0.69-0.60.050.76-0.78-0.69-0.78
0.880.480.190.49-0.980.460.98-0.90.510.9-0.13-0.250.860.6-0.11.0-0.45-0.57-0.690.860.06-0.460.520.270.52
0.990.790.240.53-0.770.470.74-0.680.280.96-0.230.20.980.40.180.86-0.17-0.43-0.60.860.08-0.580.610.020.61
0.010.32-0.770.14-0.09-0.220.08-0.120.140.0-0.420.090.040.010.310.050.22-0.230.050.060.08-0.270.2-0.280.21
-0.51-0.75-0.15-0.710.38-0.29-0.420.15-0.65-0.370.71-0.15-0.46-0.66-0.63-0.43-0.47-0.130.76-0.46-0.58-0.27-0.94-0.33-0.94
0.540.710.230.82-0.450.40.49-0.220.690.42-0.660.040.470.710.430.480.340.04-0.780.520.610.2-0.940.41.0
0.08-0.240.380.4-0.240.590.36-0.060.7-0.010.14-0.66-0.060.82-0.310.24-0.16-0.11-0.690.270.02-0.28-0.330.40.4
0.550.710.220.81-0.450.40.49-0.220.690.42-0.660.040.470.710.430.480.340.03-0.780.520.610.21-0.941.00.4
Click cells to compare fundamentals

Nathans Famous Account Relationship Matchups

Nathans Famous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets105.3M108.8M78.5M58.6M67.4M59.4M
Short Long Term Debt Total156.3M156.2M116.5M86.2M99.2M63.3M
Other Current Liab8.7M7.9M7.3M7.1M8.1M4.2M
Total Current Liabilities14.6M14.6M16.4M16.7M19.2M11.0M
Total Stockholder Equity(66.4M)(62.5M)(55.0M)(44.6M)(40.1M)(38.1M)
Property Plant And Equipment Net13.8M12.4M11.2M9.7M11.2M8.3M
Net Debt79.1M75.2M66.5M56.4M64.8M68.1M
Retained Earnings(45.4M)(40.0M)(32.6M)(20.6M)(18.5M)(19.4M)
Accounts Payable3.5M4.0M6.4M6.5M7.4M7.8M
Cash77.1M81.1M50.1M29.9M34.3M24.2M
Non Current Assets Total15.5M14.1M13.1M11.2M10.1M11.8M
Non Currrent Assets Other343K328K195K168K151.2K143.6K
Cash And Short Term Investments77.1M81.1M50.1M29.9M34.3M32.1M
Net Receivables11.2M12.0M13.4M15.3M17.6M18.5M
Common Stock Shares Outstanding4.2M4.1M4.1M4.1M3.7M4.1M
Liabilities And Stockholders Equity105.3M108.8M78.5M58.6M67.4M59.4M
Non Current Liabilities Total157.1M156.7M117.1M86.5M99.4M104.4M
Inventory378K624K522K539K619.9K682.7K
Other Current Assets474K374K390K1.7M1.5M1.9M
Other Stockholder Equity(21.1M)(22.5M)(22.5M)(24.1M)(21.7M)(20.6M)
Total Liab171.7M171.3M133.5M103.2M118.6M124.6M
Total Current Assets89.8M94.7M65.4M47.4M54.5M43.2M
Short Term Debt1.6M1.8M1.8M1.8M2.0M2.8M
Intangible Assets1.3M1.2M1.0M869K782.1K743.0K
Property Plant And Equipment Gross13.8M12.4M21.5M20.6M23.7M24.9M
Other Liab4.1M2.4M2.3M2.4M2.8M2.3M
Other Assets808K343K466K777K699.3K989.0K
Long Term Debt146.1M146.8M108.2M79.0M90.9M67.7M
Property Plant Equipment4.6M4.1M3.8M3.3M3.0M5.1M
Current Deferred Revenue797K841K876K1.4M1.3M1.8M
Net Tangible Assets(67.7M)(62.6M)(56.1M)(45.5M)(41.0M)(43.0M)
Retained Earnings Total Equity(45.4M)(40.0M)(32.6M)(20.6M)(18.5M)(19.4M)
Capital Surpluse62.1M62.2M62.3M62.6M71.9M65.8M

Currently Active Assets on Macroaxis

When determining whether Nathans Famous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nathans Famous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nathans Famous Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nathans Famous Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nathans Famous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Nathans Famous' 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 Nathans Famous. If investors know Nathans 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 Nathans Famous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
1.85
Earnings Share
4.65
Revenue Per Share
33.587
Quarterly Revenue Growth
0.105
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' 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 Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' 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 Nathans Famous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nathans Famous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nathans Famous' 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.