Network Other Assets vs Total Current Liabilities Analysis

NTIP Stock  USD 1.79  0.01  0.56%   
Network 1 financial indicator trend analysis is infinitely more than just investigating Network 1 Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Network 1 Technologies is a good investment. Please check the relationship between Network 1 Other Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network 1 Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Other Assets vs Total Current Liabilities

Other Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Network 1 Technologies Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Network 1's Other Assets and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Network 1 Technologies, assuming nothing else is changed. The correlation between historical values of Network 1's Other Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Network 1 Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Network 1's Other Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Total Current Liabilities

Total Current Liabilities is an item on Network 1 balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Network 1 Technologies 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.
Most indicators from Network 1's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Network 1 Technologies 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 Network 1 Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Network 1's Selling General Administrative is relatively stable compared to the past year. As of 06/03/2024, Sales General And Administrative To Revenue is likely to grow to 2.27, though Enterprise Value Multiple is likely to grow to (17.46).
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.3M3.9M3.6M3.6M
Cost Of Revenue12.1M809K1.2M1.1M

Network 1 fundamental ratios Correlations

-0.540.550.551.00.43-0.640.5-0.210.64-0.050.130.770.330.470.230.770.460.990.61-0.15-0.550.590.14-0.54-0.52
-0.54-0.26-0.11-0.570.210.450.350.76-0.44-0.370.19-0.46-0.14-0.93-0.13-0.930.14-0.48-0.95-0.140.93-0.960.15-0.191.0
0.55-0.260.970.510.27-0.840.37-0.180.85-0.47-0.20.510.080.250.710.320.860.610.21-0.45-0.350.260.19-0.29-0.25
0.55-0.110.970.510.3-0.80.430.020.81-0.45-0.110.470.040.140.670.230.90.610.11-0.44-0.20.150.37-0.32-0.08
1.0-0.570.510.510.41-0.620.48-0.240.61-0.010.130.760.320.50.20.790.410.980.64-0.13-0.570.610.13-0.52-0.55
0.430.210.270.30.41-0.190.810.30.19-0.570.190.50.39-0.290.22-0.050.480.51-0.2-0.520.15-0.24-0.22-0.770.2
-0.640.45-0.84-0.8-0.62-0.19-0.270.28-1.00.380.29-0.67-0.05-0.45-0.56-0.5-0.62-0.68-0.430.440.54-0.46-0.180.220.44
0.50.350.370.430.480.81-0.270.370.28-0.650.210.450.25-0.460.22-0.130.620.59-0.34-0.490.28-0.36-0.03-0.90.35
-0.210.76-0.180.02-0.240.30.280.37-0.26-0.170.37-0.030.14-0.69-0.21-0.560.24-0.19-0.66-0.050.65-0.640.21-0.320.77
0.64-0.440.850.810.610.19-1.00.28-0.26-0.39-0.280.670.030.440.560.490.620.680.41-0.44-0.520.450.2-0.22-0.42
-0.05-0.37-0.47-0.45-0.01-0.570.38-0.65-0.17-0.390.26-0.20.010.48-0.540.39-0.54-0.20.50.81-0.260.490.170.54-0.35
0.130.19-0.2-0.110.130.190.290.210.37-0.280.260.120.28-0.16-0.09-0.020.150.09-0.10.610.41-0.10.12-0.230.2
0.77-0.460.510.470.760.5-0.670.45-0.030.67-0.20.120.620.320.20.620.510.790.47-0.18-0.520.45-0.26-0.6-0.46
0.33-0.140.080.040.320.39-0.050.250.140.030.010.280.62-0.02-0.160.30.280.320.20.2-0.250.13-0.6-0.49-0.17
0.47-0.930.250.140.5-0.29-0.45-0.46-0.690.440.48-0.160.32-0.020.070.87-0.150.390.940.22-0.870.970.110.41-0.92
0.23-0.130.710.670.20.22-0.560.22-0.210.56-0.54-0.090.2-0.160.070.070.560.310.0-0.45-0.060.050.14-0.21-0.12
0.77-0.930.320.230.79-0.05-0.5-0.13-0.560.490.39-0.020.620.30.870.070.030.690.950.17-0.90.95-0.03-0.03-0.92
0.460.140.860.90.410.48-0.620.620.240.62-0.540.150.510.28-0.150.560.030.54-0.13-0.330.06-0.110.16-0.540.15
0.99-0.480.610.610.980.51-0.680.59-0.190.68-0.20.090.790.320.390.310.690.540.53-0.27-0.50.50.11-0.61-0.46
0.61-0.950.210.110.64-0.2-0.43-0.34-0.660.410.5-0.10.470.20.940.00.95-0.130.530.27-0.90.98-0.010.21-0.94
-0.15-0.14-0.45-0.44-0.13-0.520.44-0.49-0.05-0.440.810.61-0.180.20.22-0.450.17-0.33-0.270.270.040.240.020.39-0.14
-0.550.93-0.35-0.2-0.570.150.540.280.65-0.52-0.260.41-0.52-0.25-0.87-0.06-0.90.06-0.5-0.90.04-0.910.18-0.130.93
0.59-0.960.260.150.61-0.24-0.46-0.36-0.640.450.49-0.10.450.130.970.050.95-0.110.50.980.24-0.910.040.26-0.95
0.140.150.190.370.13-0.22-0.18-0.030.210.20.170.12-0.26-0.60.110.14-0.030.160.11-0.010.020.180.040.290.21
-0.54-0.19-0.29-0.32-0.52-0.770.22-0.9-0.32-0.220.54-0.23-0.6-0.490.41-0.21-0.03-0.54-0.610.210.39-0.130.260.29-0.17
-0.521.0-0.25-0.08-0.550.20.440.350.77-0.42-0.350.2-0.46-0.17-0.92-0.12-0.920.15-0.46-0.94-0.140.93-0.950.21-0.17
Click cells to compare fundamentals

Network 1 Account Relationship Matchups

Network 1 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.1M51.2M64.8M58.0M52.3M27.8M
Other Current Liab1.1M1.4M3.6M1.0M675K1.3M
Total Current Liabilities1.6M2.0M4.1M1.6M823K781.9K
Total Stockholder Equity53.5M49.2M60.2M55.1M50.7M25.9M
Net Debt(22.5M)(25.5M)(44.5M)(13.3M)(16.9M)(17.7M)
Retained Earnings(12.6M)(17.2M)(6.4M)(12.1M)(17.0M)(17.8M)
Accounts Payable421K597K459K507K125K228.5K
Cash22.6M25.5M44.5M13.4M16.9M16.7M
Non Current Assets Total6.3M6.2M5.0M9.0M6.6M3.6M
Cash And Short Term Investments48.3M44.9M59.6M48.4M45.5M47.7M
Net Receivables575K444K343K6.2M7.1M7.5M
Common Stock Shares Outstanding24.0M24.0M24.5M23.8M23.8M21.2M
Liabilities And Stockholders Equity55.1M51.2M64.8M58.0M52.3M27.8M
Non Current Liabilities Total1.1M1.4M554K1.3M762K1.4M
Other Stockholder Equity65.8M66.1M66.4M66.9M67.4M56.6M
Total Liab1.6M2.0M4.7M2.9M1.6M1.9M
Total Current Assets48.8M45.0M59.8M49.0M45.7M24.2M
Other Current Assets98K120K150K348K206K146.6K
Accumulated Other Comprehensive Income(42K)(81K)79K(10K)(12K)0.0
Common Stock237K240K241K239K235K214.2K
Other Assets21K975K13K1.01.151.09
Intangible Assets1.8M1.6M1.4M1.6M1.3M1.3M
Net Tangible Assets56.2M51.7M47.6M58.8M67.6M46.4M
Retained Earnings Total Equity(10.2M)(7.1M)(12.6M)(17.2M)(19.8M)(20.8M)
Short Term Investments25.7M19.4M15.1M35.0M28.6M30.0M
Capital Surpluse64.4M65.2M65.8M66.1M76.0M68.5M
Long Term Investments4.4M3.7M3.7M7.3M5.2M4.3M
Net Invested Capital53.5M49.2M60.2M55.1M50.7M43.6M
Net Working Capital47.2M43.0M55.7M47.4M44.9M39.3M
Capital Stock240K241K238K239K235K190.7K

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When determining whether Network 1 Technologies 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 Network 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 Network 1 Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Network 1 Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network 1 Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Network 1's price analysis, check to measure Network 1's 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 Network 1 is operating at the current time. Most of Network 1's value examination focuses on studying past and present price action to predict the probability of Network 1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Network 1's price. Additionally, you may evaluate how the addition of Network 1 to your portfolios can decrease your overall portfolio volatility.
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Is Network 1'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 Network 1. If investors know Network 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 Network 1 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
(0.67)
Dividend Share
0.1
Earnings Share
(0.07)
Revenue Per Share
0.087
Quarterly Revenue Growth
8.108
The market value of Network 1 Technologies is measured differently than its book value, which is the value of Network that is recorded on the company's balance sheet. Investors also form their own opinion of Network 1's value that differs from its market value or its book value, called intrinsic value, which is Network 1'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 Network 1's market value can be influenced by many factors that don't directly affect Network 1'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 Network 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Network 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Network 1'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.