NetScout Historical Balance Sheet
NTCT Stock | USD 20.71 0.72 3.36% |
Trend analysis of NetScout Systems balance sheet accounts such as Total Stockholder Equity of 948.4 M provides information on NetScout Systems' total assets, liabilities, and equity, which is the actual value of NetScout Systems to its prevalent stockholders. By breaking down trends over time using NetScout Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NetScout Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NetScout Systems is a good buy for the upcoming year.
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About NetScout Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NetScout Systems at a specified time, usually calculated after every quarter, six months, or one year. NetScout Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NetScout Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NetScout currently owns. An asset can also be divided into two categories, current and non-current.
NetScout Systems Balance Sheet Chart
NetScout Systems Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how NetScout Systems uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, NetScout Systems' Other Liabilities is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 223.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 220.3 M in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of NetScout Systems 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 NetScout Systems 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.Total Current Liabilities
Total Current Liabilities is an item on NetScout Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NetScout Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from NetScout Systems' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NetScout Systems current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NetScout Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.At this time, NetScout Systems' Other Liabilities is comparatively stable compared to the past year. Long Term Debt is likely to gain to about 223.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 220.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 111.1M | 114.0M | 66.8M | 48.8M | Total Assets | 3.2B | 2.8B | 2.6B | 1.4B |
NetScout Systems balance sheet Correlations
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NetScout Systems Account Relationship Matchups
High Positive Relationship
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NetScout Systems balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 3.1B | 3.2B | 2.8B | 2.6B | 1.4B | |
Other Current Liab | 98.4M | 111.2M | 111.1M | 114.0M | 66.8M | 48.8M | |
Total Current Liabilities | 399.0M | 411.3M | 475.1M | 453.6M | 395.1M | 220.3M | |
Total Stockholder Equity | 1.9B | 2.0B | 2.1B | 2.0B | 1.9B | 948.4M | |
Property Plant And Equipment Net | 126.3M | 110.0M | 96.3M | 86.2M | 69.0M | 39.0M | |
Net Debt | 192.5M | (43.6M) | (220.8M) | (226.3M) | (239.6M) | (227.6M) | |
Retained Earnings | 355.3M | 374.7M | 411.7M | 470.2M | 322.5M | 205.3M | |
Accounts Payable | 20.0M | 18.0M | 22.0M | 16.5M | 14.5M | 13.8M | |
Cash | 338.5M | 467.2M | 636.2M | 386.8M | 389.7M | 409.2M | |
Non Current Assets Total | 2.5B | 2.4B | 2.3B | 2.2B | 1.9B | 1.0B | |
Non Currrent Assets Other | 17.8M | 23.2M | 13.0M | 12.5M | 10.6M | 5.4M | |
Cash And Short Term Investments | 386.5M | 476.5M | 703.2M | 419.0M | 423.1M | 251.6M | |
Net Receivables | 213.5M | 197.7M | 148.2M | 143.9M | 192.1M | 106.0M | |
Common Stock Shares Outstanding | 75.2M | 73.8M | 75.1M | 73.0M | 71.5M | 55.3M | |
Liabilities And Stockholders Equity | 3.1B | 3.1B | 3.2B | 2.8B | 2.6B | 1.4B | |
Non Current Liabilities Total | 783.6M | 668.0M | 658.2M | 337.3M | 308.2M | 309.8M | |
Inventory | 22.2M | 22.8M | 28.2M | 18.0M | 14.1M | 16.0M | |
Other Current Assets | 37.5M | 25.5M | 49.3M | 36.6M | 43.2M | 28.1M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | |
Total Liab | 1.2B | 1.1B | 1.1B | 790.9M | 703.2M | 494.3M | |
Property Plant And Equipment Gross | 126.3M | 110.0M | 96.3M | 86.2M | 312.1M | 327.7M | |
Total Current Assets | 659.7M | 722.5M | 921.9M | 617.4M | 672.5M | 401.5M | |
Accumulated Other Comprehensive Income | (3.2M) | (1.9M) | 141K | 5.7M | 3.6M | 3.8M | |
Common Stock | 122K | 124K | 126K | 128K | 131K | 137.6K | |
Other Assets | 24.2M | 24.0M | 23.2M | 19.9M | 22.8M | 17.0M | |
Common Stock Total Equity | 122K | 124K | 126K | 128K | 147.2K | 74.2K | |
Short Term Investments | 48.0M | 9.3M | 67.0M | 32.2M | 33.5M | 64.3M | |
Treasury Stock | (1.1B) | (1.3B) | (1.3B) | (1.4B) | (1.2B) | (1.2B) | |
Property Plant Equipment | 57.7M | 48.5M | 96.3M | 34.7M | 39.9M | 30.6M | |
Current Deferred Revenue | 270.3M | 269.7M | 330.6M | 311.5M | 301.8M | 161.3M | |
Intangible Assets | 582.2M | 511.9M | 433.4M | 366.6M | 308.7M | 288.9M | |
Good Will | 1.7B | 1.7B | 1.7B | 1.7B | 1.5B | 835.0M | |
Other Liab | 274.6M | 262.9M | 256.7M | 254.2M | 292.4M | 307.0M | |
Short Long Term Debt Total | 531.0M | 423.6M | 415.3M | 160.5M | 150.1M | 142.6M | |
Long Term Debt | 550M | 450M | 350M | 100M | 115M | 223.8M | |
Net Tangible Assets | (369.9M) | (223.6M) | (95.1M) | (61.3M) | (55.2M) | (58.0M) | |
Retained Earnings Total Equity | 355.3M | 374.7M | 410.6M | 470.2M | 540.7M | 356.6M | |
Capital Surpluse | 2.9B | 3.0B | 3.0B | 3.1B | 3.6B | 2.2B | |
Deferred Long Term Liab | 148.7M | 131.8M | 113.6M | 51.0M | 58.6M | 55.7M |
Pair Trading with NetScout Systems
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 NetScout Systems 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 NetScout Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with NetScout Stock
0.63 | EBON | Ebang International Downward Rally | PairCorr |
Moving against NetScout Stock
0.54 | WDC | Western Digital Financial Report 29th of July 2024 | PairCorr |
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0.47 | FKWL | Franklin Wireless Corp | PairCorr |
The ability to find closely correlated positions to NetScout Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetScout Systems 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 NetScout Systems - 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 NetScout Systems to buy it.
The correlation of NetScout Systems 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 NetScout Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetScout Systems 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 NetScout Systems 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetScout Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.Note that the NetScout Systems information on this page should be used as a complementary analysis to other NetScout Systems' 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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Is NetScout Systems' 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 NetScout Systems. If investors know NetScout 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 NetScout Systems 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 0.208 | Earnings Share (2.07) | Revenue Per Share 11.605 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0137 |
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' 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 NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' 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 NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetScout Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' 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.