NBIFIN Short Long Term Debt Total vs Long Term Investments Analysis

NBIFIN Stock   3,463  26.95  0.78%   
N B financial indicator trend analysis is infinitely more than just investigating N B I recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether N B I is a good investment. Please check the relationship between N B Short Long Term Debt Total and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N B I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Short Long Term Debt Total vs Long Term Investments

Short Long Term Debt Total vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of N B I Short Long Term Debt Total account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between N B's Short Long Term Debt Total and Long Term Investments is -0.24. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of N B I, assuming nothing else is changed. The correlation between historical values of N B's Short Long Term Debt Total and Long 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 Short Long Term Debt Total of N B I are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt Total i.e., N B's Short Long Term Debt Total and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Long Term Investments

Long Term Investments is an item on the asset side of N B balance sheet that represents investments N B I intends to hold for over a year. N B I long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from N B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into N B I 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 N B I. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of December 10, 2024, Selling General Administrative is expected to decline to about 1.5 M. In addition to that, Tax Provision is expected to decline to about 23.9 M
 2021 2022 2023 2024 (projected)
Gross Profit109.7M85.3M113.1M107.0M
Total Revenue117.3M101.0M128.1M111.2M

N B fundamental ratios Correlations

0.510.481.00.930.790.390.37-0.26-0.230.630.930.770.130.440.52-0.35-0.230.44-0.5-0.28-0.44-0.420.77-0.450.44
0.510.980.510.440.47-0.030.22-0.12-0.150.540.420.380.01-0.150.11-0.12-0.03-0.15-0.060.07-0.310.120.650.14-0.15
0.480.980.480.410.41-0.060.16-0.12-0.160.580.410.35-0.01-0.210.13-0.11-0.01-0.21-0.110.02-0.280.140.670.2-0.21
1.00.510.480.930.790.390.37-0.26-0.230.640.920.780.130.440.52-0.36-0.230.44-0.5-0.28-0.44-0.410.77-0.450.44
0.930.440.410.930.760.380.47-0.31-0.260.620.860.860.160.40.52-0.34-0.260.4-0.51-0.32-0.32-0.420.72-0.410.4
0.790.470.410.790.760.240.33-0.25-0.060.310.70.80.230.390.32-0.33-0.290.39-0.310.04-0.18-0.110.57-0.390.39
0.39-0.03-0.060.390.380.240.770.02-0.07-0.10.520.230.130.82-0.150.01-0.10.820.15-0.080.36-0.94-0.16-0.810.82
0.370.220.160.370.470.330.77-0.03-0.12-0.010.290.410.190.78-0.23-0.01-0.140.780.23-0.060.39-0.68-0.16-0.780.78
-0.26-0.12-0.12-0.26-0.31-0.250.02-0.03-0.03-0.25-0.24-0.41-0.930.08-0.210.960.960.080.170.01-0.1-0.01-0.34-0.070.08
-0.23-0.15-0.16-0.23-0.26-0.06-0.07-0.12-0.03-0.15-0.210.20.1-0.11-0.120.05-0.08-0.110.11-0.020.370.08-0.170.15-0.11
0.630.540.580.640.620.31-0.1-0.01-0.25-0.150.560.53-0.01-0.190.8-0.3-0.14-0.19-0.79-0.19-0.550.050.820.18-0.19
0.930.420.410.920.860.70.520.29-0.24-0.210.560.660.10.380.5-0.29-0.190.38-0.49-0.23-0.36-0.530.73-0.380.38
0.770.380.350.780.860.80.230.41-0.410.20.530.660.310.30.47-0.4-0.390.3-0.45-0.24-0.1-0.220.62-0.290.3
0.130.01-0.010.130.160.230.130.19-0.930.1-0.010.10.310.13-0.03-0.92-0.980.130.070.10.29-0.070.05-0.130.13
0.44-0.15-0.210.440.40.390.820.780.08-0.11-0.190.380.30.13-0.15-0.02-0.11.00.14-0.110.25-0.77-0.24-1.01.0
0.520.110.130.520.520.32-0.15-0.23-0.21-0.120.80.50.47-0.03-0.15-0.29-0.14-0.14-0.85-0.14-0.520.10.660.14-0.14
-0.35-0.12-0.11-0.36-0.34-0.330.01-0.010.960.05-0.3-0.29-0.4-0.92-0.02-0.290.96-0.010.25-0.010.05-0.02-0.370.02-0.02
-0.23-0.03-0.01-0.23-0.26-0.29-0.1-0.140.96-0.08-0.14-0.19-0.39-0.98-0.1-0.140.96-0.10.11-0.07-0.20.05-0.170.1-0.1
0.44-0.15-0.210.440.40.390.820.780.08-0.11-0.190.380.30.131.0-0.14-0.01-0.10.14-0.110.25-0.77-0.24-1.01.0
-0.5-0.06-0.11-0.5-0.51-0.310.150.230.170.11-0.79-0.49-0.450.070.14-0.850.250.110.140.140.51-0.1-0.65-0.130.14
-0.280.070.02-0.28-0.320.04-0.08-0.060.01-0.02-0.19-0.23-0.240.1-0.11-0.14-0.01-0.07-0.110.140.190.3-0.220.12-0.11
-0.44-0.31-0.28-0.44-0.32-0.180.360.39-0.10.37-0.55-0.36-0.10.290.25-0.520.05-0.20.250.510.19-0.23-0.65-0.230.25
-0.420.120.14-0.41-0.42-0.11-0.94-0.68-0.010.080.05-0.53-0.22-0.07-0.770.1-0.020.05-0.77-0.10.3-0.230.10.77-0.78
0.770.650.670.770.720.57-0.16-0.16-0.34-0.170.820.730.620.05-0.240.66-0.37-0.17-0.24-0.65-0.22-0.650.10.23-0.24
-0.450.140.2-0.45-0.41-0.39-0.81-0.78-0.070.150.18-0.38-0.29-0.13-1.00.140.020.1-1.0-0.130.12-0.230.770.23-1.0
0.44-0.15-0.210.440.40.390.820.780.08-0.11-0.190.380.30.131.0-0.14-0.02-0.11.00.14-0.110.25-0.78-0.24-1.0
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N B Account Relationship Matchups

N B fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.2B26.6B22.0B24.6B24.3B25.5B
Other Current Liab815K703K6.3M3.1M2.1M1.4M
Total Current Liabilities747.2K703K6.4M3.1M2.3M2.0M
Total Stockholder Equity16.2B25.4B21.4B23.6B23.4B24.6B
Net Tangible Assets17.1B16.2B25.4B21.4B24.6B25.8B
Retained Earnings1.0B1.0B627.8M1.4B922.8M968.9M
Cash4.9M368.9M61.0M304K430K408.5K
Other Assets3.7M6.1M4.1M163K826K784.7K
Net Receivables3.3M3.8M219K17K826K784.7K
Other Current Assets5.9M11.8M6.1M5.4M5.5M5.2M
Total Liab5.9M1.2B635.1M1.0B883.4M927.5M
Total Current Assets16.1B26.6B71.3M10.2M6.0M5.7M
Property Plant Equipment55K92K47K30K27K25.7K
Short Term Investments16.0B26.2B4.3M5.5M11K10.5K
Short Long Term Debt Total2.8M8.9M4.3M4.4M4.4M4.2M
Property Plant And Equipment Net55.2K92K47K30K24K22.8K
Net Debt(2.1M)(359.9M)(56.7M)4.1M(430K)(451.5K)
Non Current Assets Total121.7M69.6M21.9B24.6B24.3B25.5B
Non Currrent Assets Other(16.0B)(26.1B)4.4M4.5M(977K)(1.0M)
Cash And Short Term Investments16.0B26.6B65.3M5.8M441K419.0K
Liabilities And Stockholders Equity16.2B26.6B22.0B24.6B24.3B25.5B
Non Current Liabilities Total5.1M1.2B628.7M1.0B881.1M925.1M
Accumulated Other Comprehensive Income(75.5K)24.4B20.7B22.9B23.4B24.6B
Inventory(120.4M)(69.2M)(4.3M)(3.6M)(3.2M)(3.4M)
Other Liab4.0M1.2B632.9M1.0B1.2B1.2B
Good Will1.3M8.0M4.8M2.7M3.0M3.1M
Cash And Equivalents0.0365.8M61.0M304K349.6K332.1K
Net Invested Capital16.2B25.4B21.4B23.6B23.4B17.6B
Net Working Capital16.1B26.6B65.1M10.2M3.7M3.5M

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Other Information on Investing in NBIFIN Stock

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