NetScout Cost of Revenue vs Interest Expense Analysis

NTCT Stock  USD 19.07  0.13  0.69%   
NetScout Systems financial indicator trend analysis is infinitely more than just investigating NetScout Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetScout Systems is a good investment. Please check the relationship between NetScout Systems Cost Of Revenue and its Interest Expense accounts. 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.

Cost Of Revenue vs Interest Expense

Cost of Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetScout Systems Cost of Revenue account and Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between NetScout Systems' Cost of Revenue and Interest Expense is 0.68. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Interest Expense in the same time period over historical financial statements of NetScout Systems, assuming nothing else is changed. The correlation between historical values of NetScout Systems' Cost of Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of NetScout Systems are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Cost of Revenue i.e., NetScout Systems' Cost of Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on NetScout Systems income statement and represents the costs associated with goods and services NetScout Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from NetScout Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.Tax Provision is likely to gain to about 10.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 68 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit641.4M691.4M795.1M834.9M
Total Revenue855.6M914.5M1.1B1.1B

NetScout Systems fundamental ratios Correlations

0.910.960.990.810.160.750.760.821.00.750.810.860.920.870.760.70.990.910.810.890.480.720.90.2-0.82
0.910.960.940.86-0.150.850.60.810.910.580.730.670.780.650.610.580.920.730.860.760.440.550.830.12-0.82
0.960.960.980.85-0.10.890.640.860.950.670.780.720.850.70.640.610.950.780.850.820.570.680.860.15-0.84
0.990.940.980.810.070.780.740.820.990.730.780.820.90.810.740.680.990.860.810.860.480.690.880.2-0.81
0.810.860.850.81-0.10.790.330.850.810.720.710.550.660.620.360.260.780.681.00.670.430.730.8-0.22-0.92
0.16-0.15-0.10.07-0.1-0.320.44-0.180.170.220.020.470.270.560.410.340.130.43-0.10.21-0.040.140.110.270.07
0.750.850.890.780.79-0.320.30.810.740.490.650.430.620.430.290.310.710.520.790.60.620.590.7-0.04-0.82
0.760.60.640.740.330.440.30.350.750.350.570.890.830.780.990.980.780.80.330.780.40.320.650.65-0.3
0.820.810.860.820.85-0.180.810.350.80.740.890.530.70.670.370.30.780.730.850.790.440.750.81-0.15-0.93
1.00.910.950.990.810.170.740.750.80.770.780.850.910.860.760.690.990.90.810.870.450.710.890.19-0.81
0.750.580.670.730.720.220.490.350.740.770.620.570.660.740.370.190.740.730.720.620.150.850.73-0.34-0.79
0.810.730.780.780.710.020.650.570.890.780.620.710.850.780.570.540.770.860.710.950.510.710.90.07-0.81
0.860.670.720.820.550.470.430.890.530.850.570.710.940.90.850.830.860.930.550.890.490.60.810.42-0.54
0.920.780.850.90.660.270.620.830.70.910.660.850.940.880.80.770.910.950.660.950.540.70.940.28-0.7
0.870.650.70.810.620.560.430.780.670.860.740.780.90.880.770.680.840.980.620.890.340.680.820.22-0.68
0.760.610.640.740.360.410.290.990.370.760.370.570.850.80.770.960.780.790.360.770.380.320.640.61-0.32
0.70.580.610.680.260.340.310.980.30.690.190.540.830.770.680.960.720.730.260.750.440.230.60.73-0.24
0.990.920.950.990.780.130.710.780.780.990.740.770.860.910.840.780.720.890.780.870.440.680.880.23-0.77
0.910.730.780.860.680.430.520.80.730.90.730.860.930.950.980.790.730.890.680.960.430.710.910.21-0.74
0.810.860.850.811.0-0.10.790.330.850.810.720.710.550.660.620.360.260.780.680.670.430.730.8-0.22-0.92
0.890.760.820.860.670.210.60.780.790.870.620.950.890.950.890.770.750.870.960.670.540.690.930.27-0.73
0.480.440.570.480.43-0.040.620.40.440.450.150.510.490.540.340.380.440.440.430.430.540.520.470.33-0.39
0.720.550.680.690.730.140.590.320.750.710.850.710.60.70.680.320.230.680.710.730.690.520.77-0.19-0.79
0.90.830.860.880.80.110.70.650.810.890.730.90.810.940.820.640.60.880.910.80.930.470.770.0-0.85
0.20.120.150.2-0.220.27-0.040.65-0.150.19-0.340.070.420.280.220.610.730.230.21-0.220.270.33-0.190.00.3
-0.82-0.82-0.84-0.81-0.920.07-0.82-0.3-0.93-0.81-0.79-0.81-0.54-0.7-0.68-0.32-0.24-0.77-0.74-0.92-0.73-0.39-0.79-0.850.3
Click cells to compare fundamentals

NetScout Systems Account Relationship Matchups

NetScout Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.1B3.2B2.8B3.2B3.4B
Other Current Liab98.4M111.2M111.1M114.0M131.0M137.6M
Total Current Liabilities399.0M411.3M475.1M453.6M521.6M547.7M
Total Stockholder Equity1.9B2.0B2.1B2.0B2.3B2.5B
Property Plant And Equipment Net126.3M110.0M96.3M86.2M99.1M104.1M
Net Debt192.5M(43.6M)(220.8M)(226.3M)(260.3M)(247.3M)
Retained Earnings355.3M374.7M411.7M470.2M540.7M567.8M
Accounts Payable20.0M18.0M22.0M16.5M18.9M13.7M
Cash338.5M467.2M636.2M386.8M444.8M467.1M
Non Current Assets Total2.5B2.4B2.3B2.2B2.5B2.7B
Non Currrent Assets Other17.8M23.2M13.0M12.5M14.4M15.1M
Cash And Short Term Investments386.5M476.5M703.2M419.0M481.8M243.0M
Net Receivables213.5M197.7M148.2M143.9M165.4M101.8M
Common Stock Shares Outstanding75.2M73.8M75.1M73.0M84.0M54.3M
Liabilities And Stockholders Equity3.1B3.1B3.2B2.8B3.2B3.4B
Non Current Liabilities Total783.6M668.0M658.2M337.3M387.9M308.4M
Inventory22.2M22.8M28.2M18.0M20.6M16.0M
Other Current Assets37.5M25.5M49.3M36.6M42.0M27.3M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.8B1.9B
Total Liab1.2B1.1B1.1B790.9M909.5M483.1M
Property Plant And Equipment Gross126.3M110.0M96.3M86.2M99.1M104.1M
Total Current Assets659.7M722.5M921.9M617.4M710.0M388.0M
Accumulated Other Comprehensive Income(3.2M)(1.9M)141K5.7M6.6M6.9M
Common Stock122K124K126K128K147.2K154.6K
Other Assets24.2M24.0M23.2M19.9M22.8M17.0M
Common Stock Total Equity122K124K126K128K147.2K74.2K
Short Term Investments48.0M9.3M67.0M32.2M37.0M65.5M
Treasury Stock(1.1B)(1.3B)(1.3B)(1.4B)(1.2B)(1.2B)
Property Plant Equipment57.7M48.5M96.3M34.7M39.9M30.6M
Current Deferred Revenue270.3M269.7M330.6M311.5M358.3M376.2M
Intangible Assets582.2M511.9M433.4M366.6M421.6M286.7M
Good Will1.7B1.7B1.7B1.7B2.0B2.1B
Other Liab274.6M262.9M256.7M254.2M292.4M307.0M
Short Long Term Debt Total531.0M423.6M415.3M160.5M184.5M311.5M
Long Term Debt550M450M350M100M115M109.3M
Net Tangible Assets(369.9M)(223.6M)(95.1M)(61.3M)(55.2M)(58.0M)
Retained Earnings Total Equity355.3M374.7M410.6M470.2M540.7M356.6M
Capital Surpluse2.9B3.0B3.0B3.1B3.6B2.2B
Deferred Long Term Liab148.7M131.8M113.6M51.0M58.6M55.7M

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When determining whether NetScout Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetScout Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netscout Systems Stock. Highlighted below are key reports to facilitate an investment decision about Netscout Systems Stock:
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running NetScout Systems' price analysis, check to measure NetScout Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.
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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
(1.65)
Revenue Per Share
11.674
Quarterly Revenue Growth
(0.19)
Return On Assets
0.012
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.