NamSys Intangible Assets vs Common Stock Shares Outstanding 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 Intangible Assets and its Common Stock Shares Outstanding 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.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NamSys Inc Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between NamSys' Intangible Assets and Common Stock Shares Outstanding is -0.97. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of NamSys Inc, assuming nothing else is changed. The correlation between historical values of NamSys' Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of NamSys Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., NamSys' Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Shares Outstanding

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

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