Network Total Current Liabilities vs Current Deferred Revenue Analysis
NTIP Stock | USD 1.65 0.09 5.17% |
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 Total Current Liabilities and its Current Deferred Revenue 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Current Liabilities vs Current Deferred Revenue
Total Current Liabilities vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Network 1 Technologies Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Network 1's Total Current Liabilities and Current Deferred Revenue is 0.37. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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 Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Network 1 Technologies are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Network 1's Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 closely tied 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 06/14/2024, 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 Expenses | 4.3M | 3.9M | 3.6M | 3.6M | Cost Of Revenue | 12.1M | 809K | 1.2M | 1.1M |
Network 1 fundamental ratios Correlations
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Network 1 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Network 1 fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.1M | 51.2M | 64.8M | 58.0M | 52.3M | 27.8M | |
Other Current Liab | 1.1M | 1.4M | 3.6M | 1.0M | 675K | 1.3M | |
Total Current Liabilities | 1.6M | 2.0M | 4.1M | 1.6M | 823K | 781.9K | |
Total Stockholder Equity | 53.5M | 49.2M | 60.2M | 55.1M | 50.7M | 25.9M | |
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 Payable | 421K | 597K | 459K | 507K | 125K | 228.5K | |
Cash | 22.6M | 25.5M | 44.5M | 13.4M | 16.9M | 16.7M | |
Non Current Assets Total | 6.3M | 6.2M | 5.0M | 9.0M | 6.6M | 3.6M | |
Cash And Short Term Investments | 48.3M | 44.9M | 59.6M | 48.4M | 45.5M | 47.7M | |
Net Receivables | 575K | 444K | 343K | 6.2M | 7.1M | 7.5M | |
Common Stock Shares Outstanding | 24.0M | 24.0M | 24.5M | 23.8M | 23.8M | 21.2M | |
Liabilities And Stockholders Equity | 55.1M | 51.2M | 64.8M | 58.0M | 52.3M | 27.8M | |
Non Current Liabilities Total | 1.1M | 1.4M | 554K | 1.3M | 762K | 1.4M | |
Other Stockholder Equity | 65.8M | 66.1M | 66.4M | 66.9M | 67.4M | 56.6M | |
Total Liab | 1.6M | 2.0M | 4.7M | 2.9M | 1.6M | 1.9M | |
Total Current Assets | 48.8M | 45.0M | 59.8M | 49.0M | 45.7M | 24.2M | |
Other Current Assets | 98K | 120K | 150K | 348K | 206K | 146.6K | |
Accumulated Other Comprehensive Income | (42K) | (81K) | 79K | (10K) | (12K) | 0.0 | |
Common Stock | 237K | 240K | 241K | 239K | 235K | 214.2K | |
Other Assets | 21K | 975K | 13K | 1.0 | 1.15 | 1.09 | |
Intangible Assets | 1.8M | 1.6M | 1.4M | 1.6M | 1.3M | 1.3M | |
Net Tangible Assets | 56.2M | 51.7M | 47.6M | 58.8M | 67.6M | 46.4M | |
Retained Earnings Total Equity | (10.2M) | (7.1M) | (12.6M) | (17.2M) | (19.8M) | (20.8M) | |
Short Term Investments | 25.7M | 19.4M | 15.1M | 35.0M | 28.6M | 30.0M | |
Capital Surpluse | 64.4M | 65.2M | 65.8M | 66.1M | 76.0M | 68.5M | |
Long Term Investments | 4.4M | 3.7M | 3.7M | 7.3M | 5.2M | 4.3M | |
Net Invested Capital | 53.5M | 49.2M | 60.2M | 55.1M | 50.7M | 43.6M | |
Net Working Capital | 47.2M | 43.0M | 55.7M | 47.4M | 44.9M | 39.3M | |
Capital Stock | 240K | 241K | 238K | 239K | 235K | 190.7K |
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