NetSol Total Current Liabilities vs Common Stock Analysis
NTWK Stock | USD 2.59 0.01 0.39% |
NetSol Technologies financial indicator trend analysis is infinitely more than just investigating NetSol Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSol Technologies is a good investment. Please check the relationship between NetSol Technologies Total Current Liabilities and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.
Total Current Liabilities vs Common Stock
Total Current Liabilities vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetSol Technologies Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NetSol Technologies' Total Current Liabilities and Common Stock is 0.95. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of NetSol Technologies, assuming nothing else is changed. The correlation between historical values of NetSol Technologies' Total Current Liabilities and Common Stock 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 NetSol Technologies are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., NetSol Technologies' Total Current Liabilities and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on NetSol Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NetSol 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.Common Stock
Most indicators from NetSol Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetSol 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 NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.52 this year, although Enterprise Value Over EBITDA will most likely fall to (2.89).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 16.9M | 19.5M | 17.6M | Total Revenue | 57.2M | 52.4M | 60.3M | 37.4M |
NetSol Technologies fundamental ratios Correlations
Click cells to compare fundamentals
NetSol Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NetSol Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 88.5M | 86.6M | 72.6M | 58.4M | 67.1M | 65.3M | |
Short Long Term Debt Total | 13.1M | 13.5M | 10.0M | 7.1M | 8.2M | 7.4M | |
Other Current Liab | 4.4M | 5.6M | 5.6M | 5.4M | 6.3M | 6.6M | |
Total Current Liabilities | 20.1M | 23.5M | 20.8M | 20.8M | 23.9M | 14.3M | |
Total Stockholder Equity | 59.0M | 54.7M | 45.4M | 33.8M | 38.9M | 41.9M | |
Net Debt | (7.0M) | (20.2M) | (13.9M) | (8.4M) | (7.6M) | (7.2M) | |
Retained Earnings | (34.3M) | (38.8M) | (39.7M) | (44.9M) | (40.4M) | (42.4M) | |
Non Current Assets Total | 36.6M | 31.0M | 23.2M | 16.8M | 19.3M | 34.4M | |
Non Currrent Assets Other | 42.0K | 55.1K | 879.1K | 6.9K | 6.2K | 5.9K | |
Common Stock Shares Outstanding | 11.8M | 11.5M | 11.3M | 11.3M | 13.0M | 13.6M | |
Liabilities And Stockholders Equity | 88.5M | 86.6M | 72.6M | 58.4M | 67.1M | 65.3M | |
Other Stockholder Equity | 127.2M | 125.2M | 124.3M | 78.6M | 90.4M | 87.6M | |
Total Liab | 23.0M | 24.7M | 21.8M | 21.6M | 24.8M | 15.9M | |
Short Term Debt | 10.3M | 12.2M | 9.1M | 6.3M | 7.2M | 5.9M | |
Common Stock | 121.2K | 121.8K | 122.0K | 122.9K | 141.3K | 88.9K | |
Property Plant And Equipment Net | 13.7M | 13.4M | 10.4M | 7.3M | 8.4M | 12.6M | |
Accounts Payable | 1.4M | 1.1M | 1.2M | 1.1M | 1.0M | 1.8M | |
Net Receivables | 29.9M | 19.0M | 23.3M | 24.2M | 27.8M | 17.3M | |
Non Current Liabilities Total | 2.9M | 1.3M | 923.5K | 828.4K | 745.6K | 1.2M | |
Other Current Assets | 163.2K | 223.6K | 285.1K | 196.4K | 225.9K | 214.6K | |
Property Plant And Equipment Gross | 13.7M | 13.4M | 24.4M | 18.7M | 21.5M | 13.6M | |
Total Current Assets | 51.9M | 55.6M | 49.4M | 41.6M | 47.8M | 32.1M | |
Accumulated Other Comprehensive Income | (34.1M) | (31.9M) | (39.4M) | (46.0M) | (41.4M) | (39.3M) | |
Intangible Assets | 5.4M | 3.9M | 1.6M | 127.9K | 147.1K | 139.8K | |
Cash | 20.2M | 33.7M | 24.0M | 15.5M | 17.9M | 10.6M | |
Other Assets | 5.6M | 1.0M | 879.1K | 6.9K | 8.0K | 7.6K | |
Long Term Debt | 67.1K | 1.4M | 594.1K | 12.9K | 11.6K | 11.0K | |
Cash And Short Term Investments | 20.2M | 33.7M | 24.0M | 15.5M | 17.9M | 10.7M | |
Common Stock Total Equity | 117.1K | 119.1K | 121.2K | 121.8K | 140.1K | 88.3K | |
Property Plant Equipment | 13.7M | 13.4M | 10.4M | 7.3M | 8.4M | 13.1M | |
Inventory | 1.7M | 2.6M | 1.9M | 1.7M | 1.9M | 2.1M | |
Current Deferred Revenue | 4.1M | 4.6M | 4.9M | 7.9M | 9.1M | 9.6M | |
Net Tangible Assets | 44.1M | 41.2M | 34.5M | 24.4M | 28.0M | 37.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol 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 housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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When running NetSol Technologies' price analysis, check to measure NetSol Technologies' 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 NetSol Technologies is operating at the current time. Most of NetSol Technologies' value examination focuses on studying past and present price action to predict the probability of NetSol Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetSol Technologies' price. Additionally, you may evaluate how the addition of NetSol Technologies to your portfolios can decrease your overall portfolio volatility.
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Is NetSol Technologies' 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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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 (0.72) | Earnings Share (0.18) | Revenue Per Share 5.012 | Quarterly Revenue Growth 0.23 | Return On Assets (0.03) |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.