Nanya Net Income vs Investments Analysis

688519 Stock   20.79  0.34  1.61%   
Nanya New financial indicator trend analysis is infinitely more than just investigating Nanya New Material recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanya New Material is a good investment. Please check the relationship between Nanya New Net Income and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanya New Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Investments

Net Income vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanya New Material Net Income account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nanya New's Net Income and Investments is -0.25. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Investments in the same time period over historical financial statements of Nanya New Material, assuming nothing else is changed. The correlation between historical values of Nanya New's Net Income and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Nanya New Material are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Income i.e., Nanya New's Net Income and Investments go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Nanya New Material financial statement analysis. It represents the amount of money remaining after all of Nanya New Material operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Nanya New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanya New Material 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 Nanya New Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 17, 2024, Selling General Administrative is expected to decline to about 27.3 M. The current year's Tax Provision is expected to grow to about (30.7 M)
 2021 2022 2023 2024 (projected)
Interest Expense5.5M12.0M13.9M8.7M
Depreciation And Amortization80.0M89.6M103.0M60.0M

Nanya New fundamental ratios Correlations

0.370.840.930.980.93-0.860.980.960.930.930.480.890.970.940.96-0.870.960.930.980.490.890.940.890.980.83
0.370.690.620.230.610.050.340.380.130.61-0.03-0.020.530.60.55-0.230.250.620.230.990.210.390.730.320.63
0.840.690.950.750.85-0.480.850.870.650.860.480.530.90.940.84-0.630.70.950.790.760.70.710.90.750.83
0.930.620.950.850.94-0.630.940.960.750.950.510.670.970.990.95-0.780.821.00.870.720.770.840.960.870.89
0.980.230.750.850.88-0.920.960.920.970.880.440.950.930.870.93-0.870.990.860.990.360.910.950.810.980.75
0.930.610.850.940.88-0.730.910.90.831.00.340.710.950.960.98-0.830.870.950.850.710.770.930.970.910.9
-0.860.05-0.48-0.63-0.92-0.73-0.81-0.75-0.97-0.73-0.32-0.95-0.76-0.66-0.770.79-0.93-0.63-0.88-0.08-0.87-0.88-0.61-0.91-0.61
0.980.340.850.940.960.91-0.810.990.890.920.560.840.940.950.93-0.890.910.940.960.460.830.880.860.930.8
0.960.380.870.960.920.9-0.750.990.830.90.630.790.940.960.92-0.850.870.960.950.490.810.850.870.90.81
0.930.130.650.750.970.83-0.970.890.830.830.360.940.850.790.86-0.820.970.760.930.250.890.920.730.950.69
0.930.610.860.950.881.0-0.730.920.90.830.360.710.950.970.98-0.830.870.950.850.710.770.920.980.910.9
0.48-0.030.480.510.440.34-0.320.560.630.360.360.380.40.510.34-0.240.370.510.520.050.280.270.350.360.22
0.89-0.020.530.670.950.71-0.950.840.790.940.710.380.790.680.8-0.780.960.670.930.110.880.880.620.930.57
0.970.530.90.970.930.95-0.760.940.940.850.950.40.790.960.97-0.820.90.970.930.630.90.930.950.950.93
0.940.60.940.990.870.96-0.660.950.960.790.970.510.680.960.95-0.80.830.990.870.70.760.850.960.870.88
0.960.550.840.950.930.98-0.770.930.920.860.980.340.80.970.95-0.860.930.950.910.660.830.960.960.960.89
-0.87-0.23-0.63-0.78-0.87-0.830.79-0.89-0.85-0.82-0.83-0.24-0.78-0.82-0.8-0.86-0.83-0.79-0.84-0.35-0.75-0.83-0.73-0.85-0.75
0.960.250.70.820.990.87-0.930.910.870.970.870.370.960.90.830.93-0.830.820.960.370.890.970.810.990.73
0.930.620.951.00.860.95-0.630.940.960.760.950.510.670.970.990.95-0.790.820.870.720.770.840.960.870.89
0.980.230.790.870.990.85-0.880.960.950.930.850.520.930.930.870.91-0.840.960.870.350.910.90.80.960.74
0.490.990.760.720.360.71-0.080.460.490.250.710.050.110.630.70.66-0.350.370.720.350.310.510.820.440.71
0.890.210.70.770.910.77-0.870.830.810.890.770.280.880.90.760.83-0.750.890.770.910.310.880.740.940.82
0.940.390.710.840.950.93-0.880.880.850.920.920.270.880.930.850.96-0.830.970.840.90.510.880.880.980.83
0.890.730.90.960.810.97-0.610.860.870.730.980.350.620.950.960.96-0.730.810.960.80.820.740.880.860.92
0.980.320.750.870.980.91-0.910.930.90.950.910.360.930.950.870.96-0.850.990.870.960.440.940.980.860.83
0.830.630.830.890.750.9-0.610.80.810.690.90.220.570.930.880.89-0.750.730.890.740.710.820.830.920.83
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Nanya New Account Relationship Matchups

Nanya New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B3.6B5.1B4.9B4.5B3.6B
Short Long Term Debt Total237.6M99.5M313.3M397.8M457.5M279.2M
Other Current Liab274.6M248.2M532.8M568.1M442.3M415.0M
Total Current Liabilities1.1B959.2M2.0B2.0B1.9B1.5B
Total Stockholder Equity671.0M2.6B2.9B2.7B2.4B1.9B
Property Plant And Equipment Net476.2M609.9M1.0B1.5B1.6B902.6M
Net Debt136.0M(653.5M)(219.4M)(314.0M)(282.6M)(268.5M)
Retained Earnings263.9M390.5M725.5M708.9M523.1M440.4M
Accounts Payable561.4M614.7M1.1B1.0B858.8M795.1M
Cash101.7M753.0M532.6M711.8M536.1M447.8M
Non Current Assets Total542.9M684.9M1.2B1.7B1.8B1.0B
Non Currrent Assets Other7.0M7.0M41.5M24.2M4.4M4.2M
Cash And Short Term Investments101.7M1.4B1.1B711.8M818.6M647.3M
Common Stock Shares Outstanding175.3M175.7M196.7M234.9M234.8M224.5M
Liabilities And Stockholders Equity1.8B3.6B5.1B4.9B5.6B3.4B
Non Current Liabilities Total81.1M70.8M199.6M237.0M196.3M141.5M
Inventory192.4M265.1M395.1M398.6M470.0M314.0M
Other Current Assets30.5M125.2M30.1M29.2M1.0M974.1K
Other Stockholder Equity231.3M2.0B1.9B1.7B2.0B1.2B
Total Liab1.1B1.0B2.2B2.2B2.0B1.7B
Total Current Assets1.3B2.9B3.9B3.2B2.7B2.6B
Short Term Debt220.1M96.3M303.5M390.8M449.5M263.6M
Intangible Assets44.0M51.4M51.9M51.1M50.6M53.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Nanya Stock

Balance Sheet is a snapshot of the financial position of Nanya New Material at a specified time, usually calculated after every quarter, six months, or one year. Nanya New Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanya New 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 Nanya currently owns. An asset can also be divided into two categories, current and non-current.