Newegg Short Term Debt vs Capital Stock Analysis

Stocks . USA . 
Stock . Newegg Commerce
NEGG Stock  USD 0.49  0.02  3.92%   
Newegg Commerce financial indicator trend analysis is infinitely more than just investigating Newegg Commerce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newegg Commerce is a good investment. Please check the relationship between Newegg Commerce Short Term Debt and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.

Short Term Debt vs Capital Stock

Short Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newegg Commerce Short Term Debt account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Newegg Commerce's Short Term Debt and Capital Stock is -0.11. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Newegg Commerce, assuming nothing else is changed. The correlation between historical values of Newegg Commerce's Short Term Debt and Capital Stock 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 Term Debt of Newegg Commerce are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Debt i.e., Newegg Commerce's Short Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Newegg Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newegg Commerce 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 Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.At this time, Newegg Commerce's Sales General And Administrative To Revenue is most likely to decrease significantly in the upcoming years. The Newegg Commerce's current Enterprise Value is estimated to increase to about 3.6 B, while Selling General Administrative is projected to decrease to roughly 232.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense685K2.5M2.3M2.2M
Depreciation And Amortization11.0M13.4M15.5M16.2M

Newegg Commerce fundamental ratios Correlations

Total Assets
Short Long Term Debt Total
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Net Receivables
Common Stock Total Equity
Common Stock Shares Outstanding
Inventory
Other Current Assets
Other Stockholder Equity
Total Liab
Property Plant And Equipment Gross
Total Current Assets
Intangible Assets
Common Stock
Current Deferred Revenue
Non Current Liabilities Total
Total Assets
0.920.421.00.990.98-0.5-0.710.830.970.99-0.140.980.960.891.00.980.940.91.00.851.00.180.99-0.17-0.09
Short Long Term Debt Total
0.920.410.910.920.95-0.17-0.770.750.870.95-0.160.870.910.910.930.90.830.790.920.90.910.220.93-0.25-0.11
Other Current Liab
0.420.410.430.370.41-0.21-0.4-0.030.420.410.070.420.390.450.420.420.230.310.430.340.42-0.160.42-0.730.12
Total Current Liabilities
1.00.910.430.970.96-0.55-0.710.830.990.97-0.140.990.950.90.990.980.920.881.00.811.00.190.99-0.19-0.09
Total Stockholder Equity
0.990.920.370.970.97-0.44-0.640.810.940.97-0.150.940.960.850.980.970.970.90.980.860.980.160.97-0.13-0.11
Property Plant And Equipment Net
0.980.950.410.960.97-0.36-0.780.810.931.0-0.130.930.980.90.990.940.90.920.980.930.970.190.99-0.2-0.08
Net Debt
-0.5-0.17-0.21-0.55-0.44-0.360.22-0.47-0.63-0.39-0.02-0.63-0.46-0.34-0.47-0.48-0.48-0.49-0.51-0.06-0.53-0.04-0.47-0.020.02
Retained Earnings
-0.71-0.77-0.4-0.71-0.64-0.780.22-0.61-0.72-0.77-0.04-0.73-0.78-0.85-0.75-0.6-0.48-0.69-0.73-0.75-0.69-0.32-0.790.360.14
Accounts Payable
0.830.75-0.030.830.810.81-0.47-0.610.820.82-0.160.820.80.740.830.810.790.790.830.70.830.390.830.01-0.13
Cash
0.970.870.420.990.940.93-0.63-0.720.820.94-0.111.00.950.890.970.940.890.870.980.740.980.190.97-0.19-0.1
Non Current Assets Total
0.990.950.410.970.971.0-0.39-0.770.820.94-0.130.940.970.90.990.950.90.920.980.920.980.20.99-0.19-0.09
Non Currrent Assets Other
-0.14-0.160.07-0.14-0.15-0.13-0.02-0.04-0.16-0.11-0.13-0.12-0.170.08-0.13-0.14-0.23-0.01-0.13-0.11-0.140.09-0.13-0.13-0.07
Cash And Short Term Investments
0.980.870.420.990.940.93-0.63-0.730.821.00.94-0.120.950.890.970.940.90.880.980.750.980.190.98-0.18-0.1
Net Receivables
0.960.910.390.950.960.98-0.46-0.780.80.950.97-0.170.950.860.970.90.890.930.960.870.960.120.98-0.16-0.07
Common Stock Total Equity
0.890.910.450.90.850.9-0.34-0.850.740.890.90.080.890.860.910.860.740.730.90.790.880.340.91-0.36-0.23
Common Stock Shares Outstanding
1.00.930.420.990.980.99-0.47-0.750.830.970.99-0.130.970.970.910.970.920.91.00.870.990.191.0-0.19-0.09
Inventory
0.980.90.420.980.970.94-0.48-0.60.810.940.95-0.140.940.90.860.970.940.840.980.810.980.190.95-0.18-0.09
Other Current Assets
0.940.830.230.920.970.9-0.48-0.480.790.890.9-0.230.90.890.740.920.940.840.920.770.940.10.90.03-0.13
Other Stockholder Equity
0.90.790.310.880.90.92-0.49-0.690.790.870.92-0.010.880.930.730.90.840.840.890.840.890.150.91-0.09-0.04
Total Liab
1.00.920.431.00.980.98-0.51-0.730.830.980.98-0.130.980.960.91.00.980.920.890.841.00.190.99-0.19-0.09
Property Plant And Equipment Gross
0.850.90.340.810.860.93-0.06-0.750.70.740.92-0.110.750.870.790.870.810.770.840.840.820.170.87-0.19-0.06
Total Current Assets
1.00.910.421.00.980.97-0.53-0.690.830.980.98-0.140.980.960.880.990.980.940.891.00.820.170.99-0.17-0.09
Intangible Assets
0.180.22-0.160.190.160.19-0.04-0.320.390.190.20.090.190.120.340.190.190.10.150.190.170.170.19-0.37-0.81
Common Stock
0.990.930.420.990.970.99-0.47-0.790.830.970.99-0.130.980.980.911.00.950.90.910.990.870.990.19-0.2-0.09
Current Deferred Revenue
-0.17-0.25-0.73-0.19-0.13-0.2-0.020.360.01-0.19-0.19-0.13-0.18-0.16-0.36-0.19-0.180.03-0.09-0.19-0.19-0.17-0.37-0.20.34
Non Current Liabilities Total
-0.09-0.110.12-0.09-0.11-0.080.020.14-0.13-0.1-0.09-0.07-0.1-0.07-0.23-0.09-0.09-0.13-0.04-0.09-0.06-0.09-0.81-0.090.34
Click cells to compare fundamentals

Newegg Commerce Account Relationship Matchups

High Positive Relationship

Total Current Liabilities
+ 1.0
Total Assets
Common Stock Shares Outstanding
+ 1.0
Total Assets
Total Liab
+ 1.0
Total Assets
Total Current Assets
+ 1.0
Total Assets
Total Liab
+ 1.0
Total Current Liabilities
Total Current Assets
+ 1.0
Total Current Liabilities

High Negative Relationship

Common Stock Total Equity
- 0.85
Retained Earnings
Non Current Liabilities Total
- 0.81
Intangible Assets
Common Stock
- 0.79
Retained Earnings
Net Receivables
- 0.78
Retained Earnings
Retained Earnings
- 0.78
Property Plant And Equipment Net
Non Current Assets Total
- 0.77
Retained Earnings

Newegg Commerce fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets557.5M626.6M542.1M499.0M573.9M602.6M
Short Long Term Debt Total56.4M107.2M96.8M90.6M104.1M109.4M
Other Current Liab58.1M50.2M33.8M29.2M33.6M35.2M
Total Current Liabilities388.1M356.3M309.8M296.5M341.0M358.1M
Total Stockholder Equity127.5M182.3M155.2M129.4M148.8M156.2M
Property Plant And Equipment Net93.0M144.7M129.2M138.6M159.4M167.4M
Net Debt(100.3M)7.2M(25.7M)(11.9M)(10.8M)(10.2M)
Retained Earnings(50.5M)(14.3M)(71.7M)(130.7M)(117.6M)(111.7M)
Accounts Payable241.5M220.8M207.1M206.6M237.6M249.5M
Cash156.6M100.0M122.6M102.5M117.9M123.8M
Non Current Assets Total128.9M187.6M151.3M169.8M195.3M205.0M
Non Currrent Assets Other10.5M12.2M9.9M27.3M31.4M29.8M
Cash And Short Term Investments156.6M100.0M122.6M106.5M122.4M128.6M
Net Receivables67.3M63.7M88.7M83.6M96.2M101.0M
Common Stock Shares Outstanding385.0M432.3M373.1M378.6M435.3M457.1M
Liabilities And Stockholders Equity557.5M626.6M542.1M499.0M573.9M602.6M
Inventory182.1M245.1M156.0M136.2M156.6M164.4M
Other Current Assets22.6M30.2M23.6M18.2M20.9M22.0M
Other Stockholder Equity167.0M182.4M217.6M251.6M289.3M303.8M
Total Liab430.0M444.3M386.9M369.7M425.1M446.4M
Property Plant And Equipment Gross75.7K234.4M129.2M221.6M254.8M267.6M
Total Current Assets428.6M439.0M390.8M344.5M396.1M415.9M
Accumulated Other Comprehensive Income3.1M6.1M1.1M194K223.1K211.9K
Common Stock7.9M8.1M8.2M8.3M9.6M10.0M
Current Deferred Revenue47.4M39.8M31.0M25.6M23.1M21.9M
Non Current Liabilities Total41.9M88.0M77.1M73.1M65.8M88.9M
Short Term Debt15.3M21.1M20.6M21.3M19.2M18.2M
Property Plant Equipment85.2M93.0M144.7M129.2M148.6M80.4M
Other Liab741K749K1.8M863K776.7K923.5K
Net Tangible Assets(95.8M)(60.3M)182.3M155.2M178.5M187.4M
Other Assets11.2M25.6M10.8M(15.2M)(13.7M)(13.0M)

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When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:
How To Invest In Newegg
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Is Newegg Stock a good investment?
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What is Newegg Commerce's Net Worth?
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newegg Commerce. If investors know Newegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newegg Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
(0.15)
Revenue Per Share
3.588
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.10)
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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