Nasdaq Price to Sales Ratio vs Total Assets Analysis
NDAQ Stock | USD 63.10 0.10 0.16% |
Nasdaq financial indicator trend analysis is infinitely more than just investigating Nasdaq Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nasdaq Inc is a good investment. Please check the relationship between Nasdaq Price To Sales Ratio and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. 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.
Price To Sales Ratio vs Total Assets
Price to Sales Ratio vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nasdaq Inc Price to Sales Ratio account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nasdaq's Price to Sales Ratio and Total Assets is 0.63. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nasdaq Inc, assuming nothing else is changed. The correlation between historical values of Nasdaq's Price to Sales Ratio and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Nasdaq Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Price to Sales Ratio i.e., Nasdaq's Price to Sales Ratio and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nasdaq Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nasdaq sales, a figure that is much harder to manipulate than other Nasdaq Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Total Assets
Total assets refers to the total amount of Nasdaq assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nasdaq Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Nasdaq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nasdaq Inc 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 Nasdaq Inc. 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. As of 03/28/2024, Enterprise Value Multiple is likely to grow to 28.95, while Selling General Administrative is likely to drop slightly above 107.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.5B | 2.6B | 4.9B | 5.1B | Total Revenue | 5.9B | 6.2B | 6.1B | 3.2B |
Nasdaq fundamental ratios Correlations
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Nasdaq Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nasdaq fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 18.0B | 20.1B | 20.9B | 32.3B | 33.9B | |
Total Stockholder Equity | 5.6B | 6.4B | 6.4B | 6.2B | 10.8B | 11.4B | |
Net Debt | 3.4B | 3.2B | 5.8B | 5.3B | 10.4B | 10.9B | |
Cash | 332M | 2.7B | 393M | 502M | 473M | 515.9M | |
Cash And Short Term Investments | 813M | 623M | 2.9B | 683M | 661M | 783.6M | |
Common Stock Shares Outstanding | 503.1M | 501M | 500.7M | 505.1M | 508.4M | 495.0M | |
Liabilities And Stockholders Equity | 13.9B | 18.0B | 20.1B | 20.9B | 32.3B | 33.9B | |
Total Current Assets | 4.3B | 7.7B | 7.4B | 8.6B | 9.1B | 9.6B | |
Short Long Term Debt Total | 3.7B | 5.9B | 6.2B | 5.9B | 10.9B | 11.4B | |
Other Current Liab | 3.5B | 4.1B | 6.3B | 7.6B | 7.8B | 8.2B | |
Total Current Liabilities | 4.2B | 4.9B | 7.9B | 8.8B | 9.0B | 9.5B | |
Other Liab | 731M | 689M | 640M | 682M | 784.3M | 1.3B | |
Property Plant And Equipment Net | 730M | 856M | 875M | 976M | 978M | 1.0B | |
Retained Earnings | 5.0B | 5.6B | 6.5B | 7.2B | 7.8B | 8.2B | |
Accounts Payable | 177M | 198M | 148M | 185M | 332M | 178.3M | |
Non Current Assets Total | 9.6B | 10.3B | 12.7B | 12.3B | 23.2B | 24.4B | |
Non Currrent Assets Other | 289M | 358M | 571M | 608M | 665M | 698.3M | |
Other Assets | 84M | 739M | 571M | 132M | 7M | 6.7M | |
Long Term Debt | 3.0B | 5.5B | 4.8B | 4.7B | 10.2B | 10.7B | |
Net Receivables | 422M | 566M | 588M | 677M | 929M | 975.5M | |
Short Term Investments | 291M | 195M | 208M | 181M | 188M | 228.9M | |
Non Current Liabilities Total | 4.1B | 6.6B | 5.8B | 5.9B | 12.4B | 13.1B | |
Inventory | 3.0B | 4.0B | 5.9B | 7.0B | 8.1B | 8.5B | |
Other Current Assets | 219M | 175M | 294M | 201M | (1.6B) | (1.5B) | |
Other Stockholder Equity | 2.3B | 2.2B | 1.5B | 930M | 4.9B | 5.2B | |
Total Liab | 8.3B | 11.5B | 13.7B | 14.7B | 21.5B | 22.5B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.4B) | (1.6B) | (2.0B) | (1.9B) | (1.8B) | |
Short Term Debt | 391M | 451M | 1.0B | 664M | 291M | 277.6M | |
Intangible Assets | 2.2B | 2.3B | 2.8B | 2.6B | 7.4B | 7.8B | |
Property Plant Equipment | 384M | 475M | 875M | 532M | 611.8M | 331.8M | |
Current Deferred Revenue | 211M | 235M | 329M | 357M | 594M | 623.7M | |
Property Plant And Equipment Gross | 730M | 856M | 875M | 976M | 1.6B | 1.7B | |
Treasury Stock | (297M) | (336M) | (376M) | (437M) | (502.6M) | (527.7M) | |
Good Will | 6.4B | 6.9B | 8.4B | 8.1B | 14.1B | 14.8B | |
Net Tangible Assets | (3.0B) | (2.7B) | (4.9B) | (4.5B) | (4.1B) | (4.3B) | |
Retained Earnings Total Equity | 5.0B | 5.6B | 6.5B | 7.2B | 8.3B | 4.5B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. 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 Nasdaq Inc information on this page should be used as a complementary analysis to other Nasdaq'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 Stocks Directory module to find actively traded stocks across global markets.
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Is Nasdaq'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 Nasdaq. If investors know Nasdaq 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 Nasdaq 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 (0.27) | Dividend Share 0.86 | Earnings Share 2.08 | Revenue Per Share 12.01 | Quarterly Revenue Growth 0.041 |
The market value of Nasdaq Inc is measured differently than its book value, which is the value of Nasdaq that is recorded on the company's balance sheet. Investors also form their own opinion of Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nasdaq'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.