NetScout Net Working Capital vs Net Debt Analysis
NTCT Stock | USD 19.90 0.07 0.35% |
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 Net Working Capital and its Net Debt 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.
Net Working Capital vs Net Debt
Net Working Capital vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetScout Systems Net Working Capital account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between NetScout Systems' Net Working Capital and Net Debt is 0.37. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Debt 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' Net Working Capital and Net 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 Net Working Capital of NetScout Systems are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Working Capital i.e., NetScout Systems' Net Working Capital and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Working Capital
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Profit | 641.4M | 691.4M | 795.1M | 834.9M | Total Revenue | 855.6M | 914.5M | 1.1B | 1.1B |
NetScout Systems fundamental ratios Correlations
Click cells to compare fundamentals
NetScout Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NetScout Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 3.1B | 3.2B | 2.8B | 3.2B | 3.4B | |
Other Current Liab | 98.4M | 111.2M | 111.1M | 114.0M | 131.0M | 137.6M | |
Total Current Liabilities | 399.0M | 411.3M | 475.1M | 453.6M | 521.6M | 547.7M | |
Total Stockholder Equity | 1.9B | 2.0B | 2.1B | 2.0B | 2.3B | 2.5B | |
Property Plant And Equipment Net | 126.3M | 110.0M | 96.3M | 86.2M | 99.1M | 104.1M | |
Net Debt | 192.5M | (43.6M) | (220.8M) | (226.3M) | (260.3M) | (247.3M) | |
Retained Earnings | 355.3M | 374.7M | 411.7M | 470.2M | 540.7M | 567.8M | |
Accounts Payable | 20.0M | 18.0M | 22.0M | 16.5M | 18.9M | 13.7M | |
Cash | 338.5M | 467.2M | 636.2M | 386.8M | 444.8M | 467.1M | |
Non Current Assets Total | 2.5B | 2.4B | 2.3B | 2.2B | 2.5B | 2.7B | |
Non Currrent Assets Other | 17.8M | 23.2M | 13.0M | 12.5M | 14.4M | 15.1M | |
Cash And Short Term Investments | 386.5M | 476.5M | 703.2M | 419.0M | 481.8M | 243.0M | |
Net Receivables | 213.5M | 197.7M | 148.2M | 143.9M | 165.4M | 101.8M | |
Common Stock Shares Outstanding | 75.2M | 73.8M | 75.1M | 73.0M | 84.0M | 54.3M | |
Liabilities And Stockholders Equity | 3.1B | 3.1B | 3.2B | 2.8B | 3.2B | 3.4B | |
Non Current Liabilities Total | 783.6M | 668.0M | 658.2M | 337.3M | 387.9M | 308.4M | |
Inventory | 22.2M | 22.8M | 28.2M | 18.0M | 20.6M | 16.0M | |
Other Current Assets | 37.5M | 25.5M | 49.3M | 36.6M | 42.0M | 27.3M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.8B | 1.9B | |
Total Liab | 1.2B | 1.1B | 1.1B | 790.9M | 909.5M | 483.1M | |
Property Plant And Equipment Gross | 126.3M | 110.0M | 96.3M | 86.2M | 99.1M | 104.1M | |
Total Current Assets | 659.7M | 722.5M | 921.9M | 617.4M | 710.0M | 388.0M | |
Accumulated Other Comprehensive Income | (3.2M) | (1.9M) | 141K | 5.7M | 6.6M | 6.9M | |
Common Stock | 122K | 124K | 126K | 128K | 147.2K | 154.6K | |
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 | 37.0M | 65.5M | |
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 | 358.3M | 376.2M | |
Intangible Assets | 582.2M | 511.9M | 433.4M | 366.6M | 421.6M | 286.7M | |
Good Will | 1.7B | 1.7B | 1.7B | 1.7B | 2.0B | 2.1B | |
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 | 184.5M | 311.5M | |
Long Term Debt | 550M | 450M | 350M | 100M | 115M | 109.3M | |
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 |
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Try AI Portfolio ArchitectCheck 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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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.