Natuzzi Retained Earnings vs Total Current 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 Retained Earnings and its Total Current 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.
Retained Earnings vs Total Current Assets
Retained Earnings vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natuzzi SpA Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Natuzzi SpA's Retained Earnings and Total Current Assets is 0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current 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 Retained Earnings and Total Current 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 Retained Earnings of Natuzzi SpA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Natuzzi SpA's Retained Earnings and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Expense | 6.8M | 7.1M | 7.5M | Depreciation And Amortization | 21.4M | 21.9M | 13.0M |
Natuzzi SpA fundamental ratios Correlations
Click cells to compare fundamentals
Natuzzi SpA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natuzzi SpA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 369.4M | 356M | 390M | 368.6M | 338.3M | 367.5M | |
Short Long Term Debt Total | 99.9M | 100.8M | 110.7M | 98.4M | 102.5M | 107.6M | |
Other Current Liab | 49.7M | 57.3M | 61.2M | 60.9M | 46.7M | 30.6M | |
Total Current Liabilities | 152M | 177.7M | 198.7M | 180.8M | 154.7M | 141.4M | |
Total Stockholder Equity | 103.1M | 74.3M | 82.3M | 87.9M | 68.9M | 65.5M | |
Property Plant And Equipment Net | 157.2M | 134.3M | 133.8M | 127.3M | 135.0M | 161.3M | |
Net Debt | 60.2M | 52.6M | 57.3M | 43.9M | 68.9M | 72.3M | |
Retained Earnings | 31.1M | 6.4M | 10.0M | 9.5M | (6.6M) | (6.2M) | |
Accounts Payable | 47.4M | 54.8M | 65.7M | 56.9M | 48.6M | 58.9M | |
Cash | 39.8M | 48.2M | 53.5M | 54.5M | 33.6M | 60.8M | |
Non Current Assets Total | 212.5M | 183.9M | 189.6M | 177.6M | 188.6M | 185.5M | |
Non Currrent Assets Other | 7.4M | 5.2M | 6.2M | 7.4M | 8.0M | 8.6M | |
Cash And Short Term Investments | 39.8M | 48.2M | 53.5M | 54.5M | 33.6M | 59.4M | |
Net Receivables | 38.0M | 45.0M | 54.3M | 57.5M | 48.5M | 46.1M | |
Liabilities And Stockholders Equity | 369.4M | 356M | 390M | 368.6M | 338.3M | 367.5M | |
Non Current Liabilities Total | 112.6M | 103M | 107.5M | 95.2M | 110.4M | 65.3M | |
Inventory | 69.7M | 63.9M | 80.2M | 70.1M | 62.1M | 84.1M | |
Other Current Assets | 9.2M | 9.1M | 12.3M | 8.0M | 5.4M | 7.3M | |
Other Stockholder Equity | (26K) | (44K) | (35K) | 42K | 37.8K | 35.9K | |
Total Liab | 264.6M | 280.7M | 306.2M | 276M | 265.1M | 206.8M | |
Property Plant And Equipment Gross | 418.7M | 377.3M | 391.9M | 401.9M | 424.1M | 445.3M | |
Total Current Assets | 156.9M | 172.1M | 200.4M | 191M | 149.7M | 230.1M | |
Accumulated Other Comprehensive Income | 17.1M | 13.0M | 17.4M | 23.3M | 20.4M | 21.5M | |
Short Term Debt | 39.8M | 48.4M | 50.6M | 45.9M | 37.4M | 24.7M | |
Intangible Assets | 2.0M | 1.8M | 2.2M | 2.3M | 2.2M | 2.1M | |
Other Liab | 52.5M | 103M | 107.5M | 42.8M | 49.2M | 73.1M | |
Other Assets | 7.9M | 183.9M | 189.6M | 2.5M | 2.9M | 2.7M | |
Long Term Debt | 14.1M | 9.3M | 13.6M | 11.5M | 12.2M | 9.9M | |
Property Plant Equipment | 157.2M | 134.3M | 133.8M | 127.3M | 114.5M | 172.4M | |
Current Deferred Revenue | 15.1M | 17.2M | 21.2M | 17.1M | 21.9M | 23.0M | |
Net Tangible Assets | 97.1M | 74.3M | 82.3M | 83.6M | 75.2M | 108.9M | |
Long Term Investments | 41.3M | 40.1M | 44.5M | 37.7M | 39.8M | 37.8M | |
Short Long Term Debt | 28.5M | 37.9M | 40.0M | 35.1M | 28.0M | 31.5M | |
Long Term Debt Total | 60.1M | 52.4M | 60.2M | 52.5M | 60.4M | 35.4M | |
Capital Lease Obligations | 57.4M | 53.6M | 57.1M | 51.8M | 62.3M | 65.4M |
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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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.