Nsfocus Other Current Assets vs Net Tangible Assets Analysis

300369 Stock   6.44  0.48  6.94%   
Nsfocus Information financial indicator trend analysis is infinitely more than just investigating Nsfocus Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nsfocus Information is a good investment. Please check the relationship between Nsfocus Information Other Current Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nsfocus Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Assets vs Net Tangible Assets

Other Current Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nsfocus Information Other Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nsfocus Information's Other Current Assets and Net Tangible Assets is 0.58. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Nsfocus Information Technology, assuming nothing else is changed. The correlation between historical values of Nsfocus Information's Other Current Assets and Net Tangible 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 Other Current Assets of Nsfocus Information Technology are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Current Assets i.e., Nsfocus Information's Other Current Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Nsfocus Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nsfocus Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Nsfocus Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of January 6, 2025, Selling General Administrative is expected to decline to about 583.1 M. The current year's Tax Provision is expected to grow to about (58.3 M)
 2022 2023 2024 2025 (projected)
Gross Profit1.6B775.6M892.0M1.2B
Research Development598.8M629.1M723.5M379.3M

Nsfocus Information fundamental ratios Correlations

0.330.820.990.690.840.690.670.640.830.670.620.810.820.980.80.93-0.41-0.630.470.950.93-0.920.760.250.47
0.33-0.010.39-0.070.6-0.170.51-0.230.39-0.060.33-0.03-0.110.28-0.090.080.590.2-0.320.20.33-0.35-0.150.34-0.26
0.82-0.010.760.880.550.930.490.910.620.870.361.00.980.790.960.86-0.78-0.780.830.850.79-0.830.850.080.64
0.990.390.760.620.890.620.70.560.850.60.670.750.770.970.750.91-0.31-0.580.370.930.94-0.920.680.290.36
0.69-0.070.880.620.530.910.20.90.550.870.410.890.870.590.930.7-0.72-0.730.820.650.59-0.60.85-0.290.79
0.840.60.550.890.530.460.550.380.80.490.820.550.560.770.60.710.02-0.390.190.730.86-0.770.490.150.23
0.69-0.170.930.620.910.460.210.990.450.970.30.940.950.640.970.8-0.82-0.870.950.720.68-0.640.93-0.170.8
0.670.510.490.70.20.550.210.170.70.190.240.460.430.720.310.5-0.06-0.160.070.620.64-0.720.160.71-0.16
0.64-0.230.910.560.90.380.990.170.380.970.220.920.930.590.950.77-0.86-0.880.970.670.62-0.590.91-0.190.79
0.830.390.620.850.550.80.450.70.380.430.760.620.590.80.590.71-0.17-0.240.20.760.77-0.790.510.340.29
0.67-0.060.870.60.870.490.970.190.970.430.280.880.890.60.930.77-0.72-0.850.940.680.66-0.60.91-0.170.8
0.620.330.360.670.410.820.30.240.220.760.280.360.380.550.460.580.04-0.170.00.560.68-0.580.39-0.040.23
0.81-0.031.00.750.890.550.940.460.920.620.880.360.980.780.970.86-0.79-0.790.840.840.78-0.810.860.050.66
0.82-0.110.980.770.870.560.950.430.930.590.890.380.980.80.970.9-0.8-0.860.840.860.81-0.810.880.030.65
0.980.280.790.970.590.770.640.720.590.80.60.550.780.80.750.94-0.42-0.60.420.960.92-0.920.710.380.39
0.8-0.090.960.750.930.60.970.310.950.590.930.460.970.970.750.88-0.77-0.850.860.810.78-0.750.93-0.120.75
0.930.080.860.910.70.710.80.50.770.710.770.580.860.90.940.88-0.59-0.760.610.960.93-0.880.870.170.57
-0.410.59-0.78-0.31-0.720.02-0.82-0.06-0.86-0.17-0.720.04-0.79-0.8-0.42-0.77-0.590.74-0.87-0.53-0.360.4-0.760.17-0.69
-0.630.2-0.78-0.58-0.73-0.39-0.87-0.16-0.88-0.24-0.85-0.17-0.79-0.86-0.6-0.85-0.760.74-0.84-0.68-0.610.59-0.820.25-0.64
0.47-0.320.830.370.820.190.950.070.970.20.940.00.840.840.420.860.61-0.87-0.840.520.44-0.430.84-0.230.79
0.950.20.850.930.650.730.720.620.670.760.680.560.840.860.960.810.96-0.53-0.680.520.93-0.950.780.280.46
0.930.330.790.940.590.860.680.640.620.770.660.680.780.810.920.780.93-0.36-0.610.440.93-0.930.680.310.33
-0.92-0.35-0.83-0.92-0.6-0.77-0.64-0.72-0.59-0.79-0.6-0.58-0.81-0.81-0.92-0.75-0.880.40.59-0.43-0.95-0.93-0.64-0.35-0.31
0.76-0.150.850.680.850.490.930.160.910.510.910.390.860.880.710.930.87-0.76-0.820.840.780.68-0.64-0.180.89
0.250.340.080.29-0.290.15-0.170.71-0.190.34-0.17-0.040.050.030.38-0.120.170.170.25-0.230.280.31-0.35-0.18-0.46
0.47-0.260.640.360.790.230.8-0.160.790.290.80.230.660.650.390.750.57-0.69-0.640.790.460.33-0.310.89-0.46
Click cells to compare fundamentals

Nsfocus Information Account Relationship Matchups

Nsfocus Information fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B4.8B4.9B4.2B4.8B3.0B
Other Current Liab244.4M234.0M382.7M17.5M20.1M19.1M
Total Current Liabilities823.9M1.0B1.1B1.3B1.5B1.5B
Total Stockholder Equity3.5B3.6B3.7B2.7B3.2B2.3B
Other Liab37.5M53.9M89.9M86.1M99.0M104.0M
Retained Earnings1.5B1.7B1.7B556.0M639.4M894.2M
Accounts Payable235.2M385.0M541.9M517.4M595.0M624.8M
Cash636.8M703.0M921.4M708.1M814.3M813.0M
Other Assets46.7M57.2M86.2M147.1M169.2M177.6M
Net Receivables612.9M1.7B909.3M796.2M915.6M801.4M
Inventory64.8M147.7M281.8M190.2M218.7M229.6M
Other Current Assets57.8M100.0M34.1M17.6M20.2M32.9M
Total Liab877.9M1.1B1.2B1.4B1.6B1.7B
Intangible Assets255.8M289.0M370.2M420.2M483.2M507.4M
Common Stock799.7M798.1M798.1M798.6M918.4M502.2M
Property Plant Equipment174.8M232.7M317.4M341.3M392.5M412.1M
Net Tangible Assets2.7B2.8B2.9B2.9B3.3B2.6B
Other Stockholder Equity(22.8M)(22.1M)(2.8M)(36.4M)(32.7M)(31.1M)
Deferred Long Term Liab4.7M7.5M19.8M56.6M65.1M68.3M
Total Current Assets3.2B3.2B3.2B2.4B2.8B2.9B
Non Current Assets Total1.2B1.6B1.7B1.7B2.0B1.4B
Non Currrent Assets Other976.5M109.3M1.5M38.6M34.7M33.0M
Non Current Liabilities Total53.9M127.5M118.2M132.7M152.6M79.0M
Short Long Term Debt32.6M31.9M34.7M308.5M277.6M291.5M
Common Stock Shares Outstanding798.1M798.1M798.6M799.9M719.9M639.7M
Net Invested Capital3.5B3.7B3.7B3.1B3.5B3.8B
Net Working Capital2.3B2.2B2.1B1.2B1.1B1.6B
Short Term Investments1.1B494.7M3.0M36.0M32.4M30.8M
Capital Stock798.1M798.1M798.6M799.9M919.8M878.7M
Property Plant And Equipment Net232.7M317.4M341.3M315.0M362.2M303.9M
Property Plant And Equipment Gross411.2M503.1M341.3M547.3M629.4M469.6M

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Other Information on Investing in Nsfocus Stock

Balance Sheet is a snapshot of the financial position of Nsfocus Information at a specified time, usually calculated after every quarter, six months, or one year. Nsfocus Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nsfocus Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nsfocus currently owns. An asset can also be divided into two categories, current and non-current.