Natuzzi Good Will vs Total Assets Analysis

NTZ Stock  USD 5.35  0.01  0.19%   
Natuzzi SpA financial indicator trend analysis is infinitely more than just investigating Natuzzi SpA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natuzzi SpA is a good investment. Please check the relationship between Natuzzi SpA Good Will and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natuzzi SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Natuzzi Stock please use our How to Invest in Natuzzi SpA guide.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natuzzi SpA Good Will account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Natuzzi SpA's Good Will and Total Assets is -0.07. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Natuzzi SpA, assuming nothing else is changed. The correlation between historical values of Natuzzi SpA's Good Will and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Natuzzi SpA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Natuzzi SpA's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Assets

Total assets refers to the total amount of Natuzzi SpA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Natuzzi SpA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Natuzzi SpA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natuzzi SpA 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 Natuzzi SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Natuzzi Stock please use our How to Invest in Natuzzi SpA guide.At this time, Natuzzi SpA's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
 2021 2023 2024 (projected)
Interest Expense6.8M7.1M7.5M
Depreciation And Amortization21.4M21.9M13.0M

Natuzzi SpA fundamental ratios Correlations

-0.010.00.30.70.89-0.370.510.690.830.680.440.830.57-0.090.310.81-0.71-0.340.4-0.080.810.21-0.470.690.69
-0.010.430.58-0.670.310.9-0.73-0.35-0.150.680.43-0.16-0.74-0.370.54-0.060.17-0.550.750.97-0.490.7-0.510.330.34
0.00.430.87-0.30.220.43-0.4-0.02-0.230.24-0.05-0.23-0.140.02-0.25-0.08-0.11-0.240.410.53-0.210.17-0.230.230.23
0.30.580.87-0.250.490.42-0.420.260.080.560.220.08-0.18-0.050.120.29-0.36-0.570.750.59-0.060.47-0.60.570.57
0.7-0.67-0.3-0.250.39-0.860.950.610.680.010.00.680.930.22-0.210.47-0.470.28-0.31-0.670.9-0.340.170.120.11
0.890.310.220.490.390.00.180.510.650.860.530.650.26-0.350.350.76-0.71-0.550.560.280.560.25-0.660.810.81
-0.370.90.430.42-0.860.0-0.88-0.59-0.540.380.16-0.55-0.83-0.370.34-0.340.4-0.320.510.93-0.730.48-0.260.050.07
0.51-0.73-0.4-0.420.950.18-0.880.480.6-0.19-0.130.60.870.27-0.320.26-0.260.44-0.49-0.730.79-0.430.36-0.12-0.13
0.69-0.35-0.020.260.610.51-0.590.480.70.190.140.710.59-0.02-0.070.82-0.75-0.240.12-0.430.78-0.15-0.350.510.51
0.83-0.15-0.230.080.680.65-0.540.60.70.410.51.00.49-0.180.150.72-0.62-0.310.15-0.260.820.07-0.380.50.5
0.680.680.240.560.010.860.38-0.190.190.410.620.41-0.17-0.270.70.55-0.45-0.710.850.610.150.65-0.770.790.8
0.440.43-0.050.220.00.530.16-0.130.140.50.620.5-0.17-0.30.50.32-0.3-0.480.480.350.150.42-0.510.510.52
0.83-0.16-0.230.080.680.65-0.550.60.711.00.410.50.49-0.160.150.71-0.62-0.310.15-0.270.820.08-0.370.50.5
0.57-0.74-0.14-0.180.930.26-0.830.870.590.49-0.17-0.170.490.21-0.420.37-0.410.43-0.41-0.70.86-0.480.310.010.0
-0.09-0.370.02-0.050.22-0.35-0.370.27-0.02-0.18-0.27-0.3-0.160.210.05-0.250.050.210.0-0.38-0.130.180.21-0.16-0.19
0.310.54-0.250.12-0.210.350.34-0.32-0.070.150.70.50.15-0.420.050.3-0.16-0.610.750.39-0.190.81-0.630.540.54
0.81-0.06-0.080.290.470.76-0.340.260.820.720.550.320.710.37-0.250.3-0.86-0.580.4-0.170.690.08-0.680.80.8
-0.710.17-0.11-0.36-0.47-0.710.4-0.26-0.75-0.62-0.45-0.3-0.62-0.410.05-0.16-0.860.6-0.340.23-0.60.040.69-0.86-0.85
-0.34-0.55-0.24-0.570.28-0.55-0.320.44-0.24-0.31-0.71-0.48-0.310.430.21-0.61-0.580.6-0.79-0.430.08-0.540.98-0.86-0.86
0.40.750.410.75-0.310.560.51-0.490.120.150.850.480.15-0.410.00.750.4-0.34-0.790.66-0.160.85-0.820.740.74
-0.080.970.530.59-0.670.280.93-0.73-0.43-0.260.610.35-0.27-0.7-0.380.39-0.170.23-0.430.66-0.520.59-0.390.240.25
0.81-0.49-0.21-0.060.90.56-0.730.790.780.820.150.150.820.86-0.13-0.190.69-0.60.08-0.16-0.52-0.3-0.040.30.3
0.210.70.170.47-0.340.250.48-0.43-0.150.070.650.420.08-0.480.180.810.080.04-0.540.850.59-0.3-0.540.40.39
-0.47-0.51-0.23-0.60.17-0.66-0.260.36-0.35-0.38-0.77-0.51-0.370.310.21-0.63-0.680.690.98-0.82-0.39-0.04-0.54-0.92-0.93
0.690.330.230.570.120.810.05-0.120.510.50.790.510.50.01-0.160.540.8-0.86-0.860.740.240.30.4-0.921.0
0.690.340.230.570.110.810.07-0.130.510.50.80.520.50.0-0.190.540.8-0.85-0.860.740.250.30.39-0.931.0
Click cells to compare fundamentals

Natuzzi SpA Account Relationship Matchups

Natuzzi SpA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets369.4M356M390M368.6M338.3M367.5M
Short Long Term Debt Total99.9M100.8M110.7M98.4M102.5M107.6M
Other Current Liab49.7M57.3M61.2M60.9M46.7M30.6M
Total Current Liabilities152M177.7M198.7M180.8M154.7M141.4M
Total Stockholder Equity103.1M74.3M82.3M87.9M68.9M65.5M
Property Plant And Equipment Net157.2M134.3M133.8M127.3M135.0M161.3M
Net Debt60.2M52.6M57.3M43.9M68.9M72.3M
Retained Earnings31.1M6.4M10.0M9.5M(6.6M)(6.2M)
Accounts Payable47.4M54.8M65.7M56.9M48.6M58.9M
Cash39.8M48.2M53.5M54.5M33.6M60.8M
Non Current Assets Total212.5M183.9M189.6M177.6M188.6M185.5M
Non Currrent Assets Other7.4M5.2M6.2M7.4M8.0M8.6M
Cash And Short Term Investments39.8M48.2M53.5M54.5M33.6M59.4M
Net Receivables38.0M45.0M54.3M57.5M48.5M46.1M
Liabilities And Stockholders Equity369.4M356M390M368.6M338.3M367.5M
Non Current Liabilities Total112.6M103M107.5M95.2M110.4M65.3M
Inventory69.7M63.9M80.2M70.1M62.1M84.1M
Other Current Assets9.2M9.1M12.3M8.0M5.4M7.3M
Other Stockholder Equity(26K)(44K)(35K)42K37.8K35.9K
Total Liab264.6M280.7M306.2M276M265.1M206.8M
Property Plant And Equipment Gross418.7M377.3M391.9M401.9M424.1M445.3M
Total Current Assets156.9M172.1M200.4M191M149.7M230.1M
Accumulated Other Comprehensive Income17.1M13.0M17.4M23.3M20.4M21.5M
Short Term Debt39.8M48.4M50.6M45.9M37.4M24.7M
Intangible Assets2.0M1.8M2.2M2.3M2.2M2.1M
Other Liab52.5M103M107.5M42.8M49.2M73.1M
Other Assets7.9M183.9M189.6M2.5M2.9M2.7M
Long Term Debt14.1M9.3M13.6M11.5M12.2M9.9M
Property Plant Equipment157.2M134.3M133.8M127.3M114.5M172.4M
Current Deferred Revenue15.1M17.2M21.2M17.1M21.9M23.0M
Net Tangible Assets97.1M74.3M82.3M83.6M75.2M108.9M
Long Term Investments41.3M40.1M44.5M37.7M39.8M37.8M
Short Long Term Debt28.5M37.9M40.0M35.1M28.0M31.5M
Long Term Debt Total60.1M52.4M60.2M52.5M60.4M35.4M
Capital Lease Obligations57.4M53.6M57.1M51.8M62.3M65.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Natuzzi SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natuzzi SpA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natuzzi Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natuzzi Spa Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natuzzi SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Natuzzi Stock please use our How to Invest in Natuzzi SpA guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Natuzzi SpA'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 Natuzzi SpA. If investors know Natuzzi 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 Natuzzi SpA 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
(0.82)
Earnings Share
(1.58)
Revenue Per Share
29.835
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.01)
The market value of Natuzzi SpA is measured differently than its book value, which is the value of Natuzzi that is recorded on the company's balance sheet. Investors also form their own opinion of Natuzzi SpA's value that differs from its market value or its book value, called intrinsic value, which is Natuzzi SpA'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 Natuzzi SpA's market value can be influenced by many factors that don't directly affect Natuzzi SpA'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 Natuzzi SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natuzzi SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natuzzi SpA'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.