National Net Receivables vs Cash And Short Term Investments Analysis
NCMI Stock | USD 4.47 0.12 2.61% |
National CineMedia financial indicator trend analysis is infinitely more than just investigating National CineMedia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National CineMedia is a good investment. Please check the relationship between National CineMedia Net Receivables and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National CineMedia Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National CineMedia's Net Receivables and Cash And Short Term Investments is -0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of National CineMedia, assuming nothing else is changed. The correlation between historical values of National CineMedia's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of National CineMedia are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., National CineMedia's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of National CineMedia balance sheet. This account contains National CineMedia investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National CineMedia fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from National CineMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National CineMedia 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 National CineMedia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.As of now, National CineMedia's Sales General And Administrative To Revenue is increasing as compared to previous years. The National CineMedia's current Enterprise Value is estimated to increase to about 1.5 B, while Selling General Administrative is projected to decrease to under 36.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 96.2M | 222M | 59.6M | 56.6M | Total Revenue | 114.6M | 249.2M | 165.2M | 268.2M |
National CineMedia fundamental ratios Correlations
Click cells to compare fundamentals
National CineMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National CineMedia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 885.6M | |
Other Current Liab | 88.5M | 28.5M | 37.7M | 46.8M | 25.9M | 24.6M | |
Total Current Liabilities | 119.5M | 50M | 69.8M | 1.2B | 58.4M | 55.5M | |
Total Stockholder Equity | (121.2M) | (268.6M) | (383.5M) | (515.3M) | 434.5M | 456.2M | |
Accounts Payable | 20.7M | 13.7M | 16.3M | 25M | 21.7M | 17.8M | |
Other Assets | 179.6M | 168.8M | 32M | 640.6M | 736.7M | 773.5M | |
Total Liab | 1.3B | 1.2B | 1.2B | 1.3B | 133.2M | 126.5M | |
Intangible Assets | 684.5M | 643.7M | 627.8M | 606.3M | 394.3M | 456.2M | |
Property Plant Equipment | 33.2M | 27.5M | 21.3M | 13M | 15.0M | 26.2M | |
Short Long Term Debt Total | 926.6M | 1.1B | 1.1B | 1.1B | 16M | 15.2M | |
Other Liab | 199.6M | 183.8M | 94.5M | 16.4M | 14.8M | 14.0M | |
Property Plant And Equipment Net | 33.2M | 27.5M | 21.3M | 13M | 20.1M | 26.8M | |
Current Deferred Revenue | 7.3M | 7.6M | 5.1M | 12.6M | 9.8M | 7.4M | |
Net Debt | 870.7M | 872M | 996.3M | 1.1B | (21.6M) | (20.5M) | |
Cash | 55.9M | 180.3M | 101.2M | 61.7M | 37.6M | 35.7M | |
Non Current Assets Total | 875.7M | 686.3M | 659M | 628M | 423.9M | 708.9M | |
Non Currrent Assets Other | 28.2M | 25.7M | 25.1M | 27.1M | 8.8M | 8.4M | |
Long Term Debt | 920.9M | 923.9M | 1.0B | 1.1B | 11.5M | 10.9M | |
Cash And Short Term Investments | 80.9M | 181.8M | 102.5M | 62.4M | 37.6M | 35.7M | |
Net Receivables | 177.4M | 16.2M | 53M | 92M | 96.6M | 121.9M | |
Common Stock Shares Outstanding | 7.8M | 7.8M | 8.0M | 8.2M | 48.6M | 51.0M | |
Liabilities And Stockholders Equity | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 931.8M | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.1B | 53.3M | 74.8M | 71.1M | |
Other Stockholder Equity | 49.1M | (3M) | (52.3M) | (146.2M) | 115.3M | 121.1M | |
Property Plant And Equipment Gross | 33.2M | 27.5M | 81.2M | 67.8M | 17.4M | 33.7M | |
Total Current Assets | 254.3M | 199.9M | 158.4M | 164.4M | 143.8M | 205.3M | |
Accumulated Other Comprehensive Income | (62.5M) | (70.7M) | (207.5M) | (195.5M) | (146.2M) | 0.0 | |
Retained Earnings | (171.1M) | (266.4M) | (332M) | (370.4M) | 316.6M | 332.4M | |
Short Term Investments | 13.1M | 24M | 17.5M | 300K | 700K | 0.0 | |
Inventory | (7.5M) | (1.2M) | (1M) | 2.1M | 1.9M | 2.0M | |
Net Tangible Assets | (1.0B) | (1.1B) | (1.1B) | (1.1B) | (991.8M) | (1.0B) | |
Noncontrolling Interest In Consolidated Entity | 258.3M | 204.5M | 143.2M | 51.3M | 59.0M | 56.0M | |
Retained Earnings Total Equity | (171.1M) | (266.4M) | (332M) | (370.4M) | (333.4M) | (316.7M) | |
Long Term Debt Total | 920.9M | 923.9M | 1.0B | 1.1B | 1.3B | 1.0B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards National CineMedia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, National CineMedia's short interest history, or implied volatility extrapolated from National CineMedia options trading.
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Is National CineMedia'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 National CineMedia. If investors know National 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 National CineMedia 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 (0.67) | Earnings Share 14.34 | Revenue Per Share 3.45 | Quarterly Revenue Growth (0.01) | Return On Assets (0.03) |
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia'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 National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia'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 National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia'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.