NamSys Current Deferred Revenue vs Cash And Short Term Investments Analysis

CTZ Stock  CAD 1.13  0.01  0.89%   
NamSys financial indicator trend analysis is infinitely more than just investigating NamSys Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NamSys Inc is a good investment. Please check the relationship between NamSys Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NamSys Inc. 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.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NamSys Inc Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between NamSys' Current Deferred Revenue and Cash And Short Term Investments is 0.66. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of NamSys Inc, assuming nothing else is changed. The correlation between historical values of NamSys' Current Deferred Revenue and Cash And Short Term 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 Current Deferred Revenue of NamSys Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., NamSys' Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NamSys Inc balance sheet. This account contains NamSys investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NamSys Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from NamSys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NamSys Inc 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 NamSys Inc. 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.
At this time, NamSys' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 832.3 K in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.4M6.1M7.0M7.4M
Depreciation And Amortization22.8K7.2K6.5K6.1K

NamSys fundamental ratios Correlations

-0.580.370.270.960.04-0.50.88-0.280.43-0.481.00.940.28-0.62-0.250.211.0-0.06-0.27-0.480.66-0.780.91-0.56-0.65
-0.58-0.150.24-0.650.010.71-0.610.63-0.49-0.24-0.55-0.53-0.190.980.180.27-0.550.050.190.97-0.40.49-0.730.920.22
0.37-0.150.890.110.37-0.110.09-0.060.08-0.10.340.550.09-0.22-0.10.90.37-0.08-0.1-0.150.23-0.290.21-0.170.04
0.270.240.89-0.010.220.16-0.080.18-0.1-0.290.260.40.150.18-0.180.990.28-0.19-0.180.270.15-0.120.040.14-0.05
0.96-0.650.11-0.01-0.04-0.570.93-0.320.49-0.450.960.850.26-0.67-0.23-0.060.96-0.02-0.25-0.540.63-0.780.94-0.6-0.67
0.040.010.370.22-0.040.070.290.28-0.07-0.130.00.32-0.84-0.140.870.330.040.890.87-0.170.27-0.49-0.140.340.11
-0.50.71-0.110.16-0.570.07-0.530.45-0.960.21-0.51-0.44-0.260.630.270.19-0.50.130.280.65-0.380.59-0.740.69-0.02
0.88-0.610.09-0.080.930.29-0.53-0.210.44-0.460.870.86-0.1-0.680.14-0.090.880.350.12-0.580.66-0.90.82-0.43-0.58
-0.280.63-0.060.18-0.320.280.45-0.21-0.31-0.3-0.26-0.2-0.340.610.350.22-0.250.310.380.58-0.170.09-0.410.690.11
0.43-0.490.08-0.10.49-0.07-0.960.44-0.31-0.370.450.370.26-0.41-0.26-0.120.44-0.13-0.27-0.430.36-0.570.65-0.50.09
-0.48-0.24-0.1-0.29-0.45-0.130.21-0.46-0.3-0.37-0.53-0.47-0.02-0.20.0-0.29-0.53-0.120.0-0.3-0.40.62-0.4-0.250.28
1.0-0.550.340.260.960.0-0.510.87-0.260.45-0.530.920.31-0.58-0.280.21.0-0.08-0.3-0.430.66-0.780.92-0.54-0.66
0.94-0.530.550.40.850.32-0.440.86-0.20.37-0.470.920.05-0.61-0.020.390.940.16-0.04-0.480.61-0.840.8-0.44-0.55
0.28-0.190.090.150.26-0.84-0.26-0.1-0.340.26-0.020.310.05-0.07-0.970.030.27-0.93-0.970.010.080.20.41-0.53-0.1
-0.620.98-0.220.18-0.67-0.140.63-0.680.61-0.41-0.2-0.58-0.61-0.070.050.19-0.59-0.080.070.98-0.490.57-0.720.850.27
-0.250.18-0.1-0.18-0.230.870.270.140.35-0.260.0-0.28-0.02-0.970.05-0.06-0.250.971.0-0.020.02-0.24-0.40.530.11
0.210.270.90.99-0.060.330.19-0.090.22-0.12-0.290.20.390.030.19-0.060.23-0.08-0.060.280.12-0.14-0.020.210.01
1.0-0.550.370.280.960.04-0.50.88-0.250.44-0.531.00.940.27-0.59-0.250.23-0.05-0.26-0.440.66-0.80.91-0.53-0.65
-0.060.05-0.08-0.19-0.020.890.130.350.31-0.13-0.12-0.080.16-0.93-0.080.97-0.08-0.050.97-0.130.18-0.42-0.20.420.02
-0.270.19-0.1-0.18-0.250.870.280.120.38-0.270.0-0.3-0.04-0.970.071.0-0.06-0.260.970.00.0-0.22-0.410.550.13
-0.480.97-0.150.27-0.54-0.170.65-0.580.58-0.43-0.3-0.43-0.480.010.98-0.020.28-0.44-0.130.0-0.370.5-0.620.830.14
0.66-0.40.230.150.630.27-0.380.66-0.170.36-0.40.660.610.08-0.490.020.120.660.180.0-0.37-0.680.61-0.3-0.26
-0.780.49-0.29-0.12-0.78-0.490.59-0.90.09-0.570.62-0.78-0.840.20.57-0.24-0.14-0.8-0.42-0.220.5-0.68-0.740.30.35
0.91-0.730.210.040.94-0.14-0.740.82-0.410.65-0.40.920.80.41-0.72-0.4-0.020.91-0.2-0.41-0.620.61-0.74-0.75-0.49
-0.560.92-0.170.14-0.60.340.69-0.430.69-0.5-0.25-0.54-0.44-0.530.850.530.21-0.530.420.550.83-0.30.3-0.750.21
-0.650.220.04-0.05-0.670.11-0.02-0.580.110.090.28-0.66-0.55-0.10.270.110.01-0.650.020.130.14-0.260.35-0.490.21
Click cells to compare fundamentals

NamSys Account Relationship Matchups

NamSys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0M5.5M6.7M8.6M9.9M10.4M
Other Current Liab4.2M309.0K374.9K340.0K391.0K542.0K
Total Current Liabilities4.6M810.3K659.4K840.9K967.1K1.4M
Total Stockholder Equity3.4M4.7M6.0M7.7M8.9M9.4M
Property Plant And Equipment Net110K47.0K33.5K31.3K28.1K26.7K
Net Debt(1.5M)(2.5M)(4.7M)(1.1M)(1.0M)(956.8K)
Retained Earnings(2.2M)(975.3K)419.1K2.0M2.3M2.5M
Accounts Payable81.6K116.7K62.2K83.4K75.0K71.3K
Cash1.5M2.6M4.7M1.1M1.3M939.6K
Non Current Assets Total182.0K98.7K44.5K52.0K46.8K44.4K
Cash And Short Term Investments6.2M4.6M5.5M7.2M8.3M8.7M
Net Receivables1.6M719.4K1.0M1.2M1.4M1.4M
Liabilities And Stockholders Equity8.0M5.5M6.7M8.6M9.9M10.4M
Total Liab4.7M810.3K659.4K840.9K756.8K1.3M
Total Current Assets7.9M5.4M6.7M8.5M9.8M10.3M
Other Current Assets68.8K83.4K114.7K139.1K125.1K84.2K
Current Deferred Revenue267.8K373.3K222.3K287.8K331.0K213.8K
Non Currrent Assets Other84.4K17.0K38.8K(1.0)(0.9)(0.85)
Net Tangible Assets3.2M4.5M3.4M4.7M5.4M5.6M
Property Plant Equipment24.3K31.4K110K47.0K54.0K33.7K
Other Assets53K72.0K51.8K1.00.90.86
Net Invested Capital3.4M4.7M6.0M7.7M8.9M5.0M
Net Working Capital3.2M4.6M6.0M7.7M8.9M4.8M
Short Term Investments4.7M2.0M800K6.1M7.0M3.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for NamSys Stock Analysis

When running NamSys' price analysis, check to measure NamSys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NamSys is operating at the current time. Most of NamSys' value examination focuses on studying past and present price action to predict the probability of NamSys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NamSys' price. Additionally, you may evaluate how the addition of NamSys to your portfolios can decrease your overall portfolio volatility.