Nutanix Book Value per Share vs Net Income Analysis
NTNX Stock | USD 61.07 1.21 2.02% |
Nutanix financial indicator trend analysis is infinitely more than just investigating Nutanix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutanix is a good investment. Please check the relationship between Nutanix Book Value Per Share and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.
Book Value Per Share vs Net Income
Book Value per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutanix Book Value per Share account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nutanix's Book Value per Share and Net Income is 0.29. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Nutanix, assuming nothing else is changed. The correlation between historical values of Nutanix's Book Value per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Nutanix are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Book Value per Share i.e., Nutanix's Book Value per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Nutanix financial statement analysis. It represents the amount of money remaining after all of Nutanix operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Nutanix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutanix 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 Nutanix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.Selling General Administrative is likely to rise to about 280.4 M in 2024, whereas Tax Provision is likely to drop slightly above 12.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.5B | 1.8B | 1.8B | Total Revenue | 1.6B | 1.9B | 2.1B | 2.2B |
Nutanix fundamental ratios Correlations
Click cells to compare fundamentals
Nutanix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nutanix fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 194.7M | 206.5M | 220.5M | 233.2M | 268.2M | 182.6M | |
Total Assets | 1.8B | 2.3B | 2.4B | 2.5B | 2.9B | 1.5B | |
Other Current Liab | 135.0M | 201.7M | 199.0M | 252.9M | 290.9M | 305.4M | |
Total Current Liabilities | 760.2M | 927.9M | 1.2B | 1.1B | 1.3B | 1.4B | |
Total Stockholder Equity | (275.0M) | (1.0B) | (790.2M) | (707.4M) | (636.7M) | (604.8M) | |
Other Liab | 676.3M | 1.2B | 759.7M | 801.4M | 921.6M | 532.6M | |
Net Tangible Assets | (509.6M) | (1.2B) | (991.3M) | (897.3M) | (807.5M) | (767.1M) | |
Property Plant And Equipment Net | 270.5M | 237.5M | 232.2M | 205.4M | 236.2M | 144.2M | |
Current Deferred Revenue | 534.6M | 636.4M | 721.0M | 823.7M | 947.2M | 994.6M | |
Net Debt | 324.8M | 899.2M | 1.0B | 803.7M | 924.3M | 970.5M | |
Retained Earnings | (2.5B) | (3.6B) | (4.4B) | (4.6B) | (4.2B) | (4.0B) | |
Accounts Payable | 54.0M | 47.1M | 44.9M | 29.9M | 34.4M | 54.0M | |
Cash | 318.7M | 285.7M | 402.9M | 512.9M | 589.9M | 619.4M | |
Non Current Assets Total | 674.5M | 715.2M | 707.8M | 665.2M | 765.0M | 427.2M | |
Non Currrent Assets Other | 169.4M | 260.4M | 274.5M | 269.9M | 310.4M | 325.9M | |
Other Assets | 169.4M | 260.4M | 274.5M | 269.9M | 310.4M | 325.9M | |
Cash And Short Term Investments | 719.8M | 1.2B | 1.3B | 1.4B | 1.7B | 1.7B | |
Net Receivables | 242.5M | 180.8M | 124.6M | 157.3M | 180.8M | 172.5M | |
Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.4B | 2.5B | 2.9B | 1.5B | |
Non Current Liabilities Total | 1.3B | 2.4B | 2.0B | 2.1B | 2.4B | 2.5B | |
Inventory | 68.7M | 110.9M | 171.7M | 120.0M | 138.0M | 144.9M | |
Other Current Assets | 63.0M | 56.8M | 37.4M | 147.1M | 169.2M | 177.6M | |
Other Stockholder Equity | 2.2B | 2.6B | 3.6B | 3.9B | 4.5B | 4.7B | |
Total Liab | 2.0B | 3.3B | 3.2B | 3.2B | 3.7B | 3.9B | |
Deferred Long Term Liab | 146.8M | 232.5M | 252.2M | 238.0M | 273.7M | 287.4M | |
Property Plant And Equipment Gross | 270.5M | 237.5M | 232.2M | 205.4M | 236.2M | 144.2M | |
Total Current Assets | 1.1B | 1.6B | 1.7B | 1.9B | 2.1B | 1.1B | |
Accumulated Other Comprehensive Income | 2.0M | (8K) | (6.1M) | (5.2M) | (5.9M) | (5.6M) | |
Short Term Debt | 36.6M | 42.7M | 185.3M | 29.6M | 34.0M | 32.3M | |
Property Plant Equipment | 270.5M | 237.5M | 232.2M | 205.4M | 236.2M | 144.2M | |
Short Term Investments | 401.0M | 928.0M | 921.4M | 924.5M | 1.1B | 573.8M | |
Short Long Term Debt Total | 643.6M | 1.2B | 1.4B | 1.3B | 1.5B | 870.3M | |
Long Term Debt | 490.2M | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | |
Non Current Liabilities Other | 27.4M | 42.7M | 35.2M | 39.8M | 45.7M | 29.4M | |
Good Will | 87.8M | 185.2M | 185.3M | 184.9M | 212.7M | 161.9M | |
Retained Earnings Total Equity | (1.0B) | (1.6B) | (2.5B) | (4.4B) | (3.9B) | (3.7B) | |
Capital Surpluse | 1.4B | 1.8B | 2.2B | 3.6B | 4.1B | 2.2B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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Is Nutanix'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 Nutanix. If investors know Nutanix 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 Nutanix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 8.432 | Quarterly Revenue Growth 0.162 | Return On Assets (0.02) |
The market value of Nutanix is measured differently than its book value, which is the value of Nutanix that is recorded on the company's balance sheet. Investors also form their own opinion of Nutanix's value that differs from its market value or its book value, called intrinsic value, which is Nutanix'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 Nutanix's market value can be influenced by many factors that don't directly affect Nutanix'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 Nutanix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutanix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutanix'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.