NCS Accounts Payable vs Long Term Debt Analysis
NCSM Stock | USD 17.75 0.27 1.50% |
NCS Multistage financial indicator trend analysis is infinitely more than just investigating NCS Multistage Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCS Multistage Holdings is a good investment. Please check the relationship between NCS Multistage Accounts Payable and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCS Multistage Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Long Term Debt
Accounts Payable vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCS Multistage Holdings Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NCS Multistage's Accounts Payable and Long Term Debt is -0.3. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of NCS Multistage Holdings, assuming nothing else is changed. The correlation between historical values of NCS Multistage's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NCS Multistage Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., NCS Multistage's Accounts Payable and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents NCS Multistage obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NCS Multistage Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Debt
Long-term debt is a debt that NCS Multistage Holdings has held for over one year. Long-term debt appears on NCS Multistage Holdings 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 NCS Multistage Holdings 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.Most indicators from NCS Multistage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCS Multistage Holdings 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 NCS Multistage Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of the 4th of June 2024, Selling General Administrative is likely to grow to about 64.9 M, while Tax Provision is likely to drop (243.6 K).
2023 | 2024 (projected) | Depreciation And Amortization | 4.6M | 4.4M | Interest Income | 2.6M | 2.5M |
NCS Multistage fundamental ratios Correlations
Click cells to compare fundamentals
NCS Multistage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NCS Multistage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 2.3M | 2.4M | 2.4M | 2.4M | 2.5M | 4.2M | |
Total Assets | 202.6M | 138.7M | 142.3M | 138.6M | 152.0M | 189.1M | |
Short Long Term Debt Total | 12.9M | 11.6M | 13.2M | 12.9M | 13.5M | 25.9M | |
Other Current Liab | 4.4M | 2.8M | 2.7M | 7.3M | 22.1M | 23.2M | |
Total Current Liabilities | 19.8M | 14.9M | 19.8M | 17.7M | 32.1M | 22.9M | |
Total Stockholder Equity | 144.6M | 93.6M | 92.6M | 91.0M | 91.6M | 124.1M | |
Other Liab | 4.3M | 1.9M | 1.7M | 1.5M | 1.4M | 1.3M | |
Net Tangible Assets | 84.1M | 72.0M | 71.6M | 70.7M | 81.3M | 85.4M | |
Property Plant And Equipment Net | 33.0M | 29.6M | 29.5M | 27.8M | 28.2M | 27.4M | |
Net Debt | 1.7M | (3.9M) | (9.0M) | (3.4M) | (3.2M) | (3.0M) | |
Retained Earnings | (199.0M) | (256.6M) | (261.4M) | (262.5M) | (265.6M) | (252.3M) | |
Accounts Payable | 8.5M | 4.9M | 7.5M | 7.5M | 6.2M | 5.8M | |
Cash | 11.2M | 15.5M | 22.2M | 16.2M | 16.7M | 15.0M | |
Non Current Assets Total | 102.0M | 55.0M | 53.8M | 50.9M | 48.8M | 46.4M | |
Non Currrent Assets Other | 8.5M | 3.6M | 3.1M | 2.8M | 937K | 890.2K | |
Other Assets | 3.5M | 8.9M | 3.3M | 2.8M | 3.2M | 4.6M | |
Long Term Debt | 11.4M | 4.4M | 6.3M | 6.4M | 5.8M | 5.5M | |
Cash And Short Term Investments | 11.2M | 15.5M | 22.2M | 16.2M | 16.7M | 15.0M | |
Net Receivables | 47.0M | 30.3M | 29.1M | 31.6M | 43.0M | 31.0M | |
Common Stock Total Equity | 439K | 451K | 469K | 24K | 21.6K | 20.5K | |
Long Term Debt Total | 11.4M | 4.4M | 6.3M | 6.4M | 5.8M | 5.5M | |
Liabilities And Stockholders Equity | 202.6M | 138.7M | 142.3M | 138.6M | 152.0M | 189.1M | |
Non Current Liabilities Total | 19.3M | 10.3M | 11.8M | 11.6M | 10.6M | 10.1M | |
Capital Surpluse | 424.6M | 432.8M | 437.0M | 440.5M | 506.5M | 415.2M | |
Inventory | 39.9M | 34.9M | 33.9M | 37.0M | 41.6M | 35.8M | |
Other Current Assets | 2.4M | 3.0M | 3.3M | 2.8M | 1.9M | 2.1M | |
Other Stockholder Equity | 424.0M | 432.0M | 436.0M | 439.1M | 443.0M | 422.6M | |
Total Liab | 39.0M | 25.2M | 31.7M | 29.3M | 42.6M | 54.3M | |
Property Plant And Equipment Gross | 33.0M | 29.6M | 29.5M | 27.8M | 50.1M | 30.1M | |
Short Long Term Debt | 1.5M | 1.3M | 1.5M | 1.5M | 1.3M | 1.3M | |
Total Current Assets | 100.6M | 83.7M | 88.5M | 87.7M | 103.2M | 101.9M | |
Accumulated Other Comprehensive Income | (80.8M) | (81.8M) | (82.1M) | (85.6M) | (85.8M) | (90.0M) | |
Short Term Debt | 1.5M | 3.2M | 3.0M | 2.8M | 3.4M | 3.2M | |
Intangible Assets | 45.2M | 6.4M | 5.7M | 5.1M | 4.4M | 4.2M | |
Common Stock | 439K | 451K | 469K | 24K | 25K | 23.8K | |
Property Plant Equipment | 38.0M | 24.4M | 29.5M | 23.3M | 26.8M | 26.3M | |
Current Deferred Revenue | 5.3M | 4M | 6.6M | 46K | 364K | 345.8K | |
Treasury Stock | (652K) | (809K) | (1.0M) | (1.4M) | (1.3M) | (1.2M) | |
Non Current Liabilities Other | 4.9M | 5.9M | 5.4M | 5.0M | 213K | 202.4K |
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Additional Information and Resources on Investing in NCS Stock
When determining whether NCS Multistage Holdings is a strong investment it is important to analyze NCS Multistage'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 NCS Multistage's future performance. For an informed investment choice regarding NCS Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCS Multistage Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Equipment & Services space 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 NCS Multistage. If investors know NCS 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 NCS Multistage 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 18.475 | Earnings Share 5.65 | Revenue Per Share 57.409 | Quarterly Revenue Growth 0.007 | Return On Assets (0.01) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage'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 NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage'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 NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage'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.