Quanex Common Stock Shares Outstanding vs Non Current Assets Total Analysis

NX Stock  USD 32.52  0.26  0.79%   
Quanex Building financial indicator trend analysis is much more than just breaking down Quanex Building Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quanex Building Products is a good investment. Please check the relationship between Quanex Building Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quanex Building Products Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Quanex Building's Common Stock Shares Outstanding and Non Current Assets Total is 0.04. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Quanex Building Products, assuming nothing else is changed. The correlation between historical values of Quanex Building's Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Quanex Building Products are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Quanex Building's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Quanex Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quanex Building Products 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 Quanex Building Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Enterprise Value is likely to rise to about 737.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 103.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M8.1M7.3M7.0M
Depreciation And Amortization41.2M42.9M49.3M56.6M

Quanex Building fundamental ratios Correlations

0.50.670.290.670.690.490.80.03-0.160.94-0.34-0.30.490.8-0.310.150.470.53-0.52-0.020.510.690.00.34-0.31
0.50.310.05-0.230.40.980.0-0.33-0.660.70.0-0.610.090.740.04-0.430.990.27-0.8-0.360.950.4-0.480.530.04
0.670.310.660.440.550.320.570.42-0.230.62-0.32-0.350.780.55-0.26-0.130.290.61-0.410.00.430.550.220.09-0.26
0.290.050.660.070.70.090.170.89-0.20.16-0.24-0.080.89-0.030.21-0.430.10.58-0.41-0.320.330.70.50.360.21
0.67-0.230.440.070.26-0.260.940.070.390.49-0.370.090.340.41-0.570.57-0.30.340.170.47-0.270.260.32-0.17-0.57
0.690.40.550.70.260.410.460.49-0.240.57-0.33-0.080.70.350.29-0.430.450.66-0.72-0.570.591.00.340.610.29
0.490.980.320.09-0.260.41-0.03-0.29-0.780.70.03-0.710.130.720.07-0.450.980.27-0.8-0.390.950.41-0.550.530.07
0.80.00.570.170.940.46-0.030.090.220.66-0.52-0.060.420.58-0.530.32-0.060.51-0.130.24-0.020.460.27-0.05-0.53
0.03-0.330.420.890.070.49-0.290.090.06-0.14-0.120.160.77-0.350.19-0.25-0.270.28-0.09-0.19-0.040.490.560.020.19
-0.16-0.66-0.23-0.20.39-0.24-0.780.220.06-0.41-0.180.87-0.21-0.42-0.160.54-0.69-0.180.540.38-0.7-0.240.6-0.39-0.16
0.940.70.620.160.490.570.70.66-0.14-0.41-0.19-0.570.390.94-0.380.040.660.42-0.6-0.010.660.57-0.30.31-0.38
-0.340.0-0.32-0.24-0.37-0.330.03-0.52-0.12-0.18-0.19-0.11-0.19-0.170.130.090.02-0.760.320.18-0.04-0.33-0.44-0.160.13
-0.3-0.61-0.35-0.080.09-0.08-0.71-0.060.160.87-0.57-0.11-0.23-0.650.350.26-0.58-0.140.38-0.04-0.56-0.080.68-0.090.35
0.490.090.780.890.340.70.130.420.77-0.210.39-0.19-0.230.22-0.06-0.230.110.55-0.33-0.080.310.70.410.18-0.06
0.80.740.55-0.030.410.350.720.58-0.35-0.420.94-0.17-0.650.22-0.490.00.670.37-0.540.10.630.35-0.40.19-0.49
-0.310.04-0.260.21-0.570.290.07-0.530.19-0.16-0.380.130.35-0.06-0.49-0.530.150.07-0.25-0.790.190.290.250.551.0
0.15-0.43-0.13-0.430.57-0.43-0.450.32-0.250.540.040.090.26-0.230.0-0.53-0.49-0.370.610.75-0.57-0.43-0.05-0.45-0.53
0.470.990.290.1-0.30.450.98-0.06-0.27-0.690.660.02-0.580.110.670.15-0.490.27-0.83-0.460.970.45-0.460.560.15
0.530.270.610.580.340.660.270.510.28-0.180.42-0.76-0.140.550.370.07-0.370.27-0.53-0.320.390.660.490.530.07
-0.52-0.8-0.41-0.410.17-0.72-0.8-0.13-0.090.54-0.60.320.38-0.33-0.54-0.250.61-0.83-0.530.68-0.89-0.720.15-0.63-0.25
-0.02-0.360.0-0.320.47-0.57-0.390.24-0.190.38-0.010.18-0.04-0.080.1-0.790.75-0.46-0.320.68-0.51-0.57-0.07-0.59-0.79
0.510.950.430.33-0.270.590.95-0.02-0.04-0.70.66-0.04-0.560.310.630.19-0.570.970.39-0.89-0.510.59-0.320.610.19
0.690.40.550.70.261.00.410.460.49-0.240.57-0.33-0.080.70.350.29-0.430.450.66-0.72-0.570.590.340.610.29
0.0-0.480.220.50.320.34-0.550.270.560.6-0.3-0.440.680.41-0.40.25-0.05-0.460.490.15-0.07-0.320.340.110.25
0.340.530.090.36-0.170.610.53-0.050.02-0.390.31-0.16-0.090.180.190.55-0.450.560.53-0.63-0.590.610.610.110.55
-0.310.04-0.260.21-0.570.290.07-0.530.19-0.16-0.380.130.35-0.06-0.491.0-0.530.150.07-0.25-0.790.190.290.250.55
Click cells to compare fundamentals

Quanex Building Account Relationship Matchups

Quanex Building fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets691.6M717.3M724.6M831.1M955.8M795.7M
Short Long Term Debt Total169.8M106.5M87.7M116.4M104.7M95.9M
Other Current Liab44.0M61.6M52.4M50.3M57.9M40.8M
Total Current Liabilities130.2M158.0M139.8M134.7M121.2M113.4M
Total Stockholder Equity355.8M419.8M464.8M545.6M627.4M456.1M
Property Plant And Equipment Net235.9M231.3M236.4M297.3M267.6M214.6M
Net Debt118.1M66.4M32.6M57.9M52.1M50.6M
Retained Earnings213.5M259.7M337.5M409.3M470.7M271.9M
Accounts Payable77.3M86.8M77.9M74.4M66.9M64.8M
Cash51.6M40.1M55.1M58.5M67.2M62.2M
Non Current Assets Total484.3M468.3M444.0M557.5M641.2M507.1M
Non Currrent Assets Other9.1M5.3M(17.6M)3.2M2.9M2.7M
Cash And Short Term Investments51.6M40.1M55.1M58.5M67.2M65.8M
Net Receivables88.3M108.3M96.0M105.6M95.0M82.0M
Good Will146.2M149.2M137.9M183.0M210.4M124.3M
Common Stock Shares Outstanding32.8M33.5M33.2M33.0M38.0M38.9M
Liabilities And Stockholders Equity691.6M717.3M724.6M831.1M955.8M795.7M
Non Current Liabilities Total205.6M139.5M119.9M150.9M135.8M133.6M
Inventory61.2M92.5M120.9M98.0M88.2M68.0M
Other Current Assets6.2M8.1M8.7M11.6M13.3M13.5M
Other Stockholder Equity174.9M181.5M176.4M174.0M200.1M188.7M
Total Liab335.8M297.5M259.8M285.6M257.0M247.0M
Property Plant And Equipment Gross235.9M231.3M236.4M297.3M267.6M214.6M
Total Current Assets207.3M249.0M280.7M273.6M246.2M209.9M
Accumulated Other Comprehensive Income(33.0M)(21.8M)(49.4M)(38.1M)(34.3M)(32.6M)
Short Term Debt8.2M9.0M8.8M9.6M8.6M8.1M
Current Deferred Revenue763K627K792K384K345.6K328.3K
Intangible Assets93.1M82.4M65.0M74.1M85.2M85.2M
Other Liab44.0M42.1M41.0M44.1M50.7M41.0M
Other Assets9.1M5.3M4.7M3.2M2.9M2.7M
Long Term Debt116.7M52.1M29.6M66.4M76.4M75.5M
Treasury Stock(76.7M)(78.6M)(72.7M)(75.5M)(68.0M)(64.6M)
Property Plant Equipment184.1M178.6M180.4M297.3M341.9M193.4M
Net Tangible Assets116.5M188.2M261.9M288.5M259.6M139.8M
Retained Earnings Total Equity185.7M213.5M259.7M337.5M388.1M246.3M
Long Term Debt Total156.4M116.7M52.1M29.6M34.1M32.4M
Capital Surpluse254.7M253.5M254.2M251.9M289.7M276.3M
Deferred Long Term Liab19.4M19.1M22.0M22.3M25.6M13.3M

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When determining whether Quanex Building Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quanex Building'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 Quanex Building Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quanex Building Products Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Quanex Building'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 Quanex Building. If investors know Quanex 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 Quanex Building 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
2.28
Dividend Share
0.32
Earnings Share
2.61
Revenue Per Share
33.788
Quarterly Revenue Growth
(0.09)
The market value of Quanex Building Products is measured differently than its book value, which is the value of Quanex that is recorded on the company's balance sheet. Investors also form their own opinion of Quanex Building's value that differs from its market value or its book value, called intrinsic value, which is Quanex Building'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 Quanex Building's market value can be influenced by many factors that don't directly affect Quanex Building'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 Quanex Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quanex Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quanex Building'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.