Navigator Total Current Liabilities vs Short Term Investments Analysis

NGI Stock   1.68  0.03  1.75%   
Navigator Global financial indicator trend analysis is infinitely more than just investigating Navigator Global Inv recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navigator Global Inv is a good investment. Please check the relationship between Navigator Global Total Current Liabilities and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Global Investments. 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.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navigator Global Inv Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Navigator Global's Total Current Liabilities and Short Term Investments is -0.09. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Navigator Global Investments, assuming nothing else is changed. The correlation between historical values of Navigator Global's Total Current Liabilities 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 Total Current Liabilities of Navigator Global Investments are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Navigator Global's Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Navigator Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Navigator Global Investments are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Navigator Global balance sheet. It contains any investments Navigator Global Investments undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Navigator Global Inv can easily liquidate in the marketplace.
Most indicators from Navigator Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navigator Global Inv 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 Navigator Global Investments. 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.
Selling General Administrative is likely to gain to about 82.4 M in 2025, despite the fact that Discontinued Operations is likely to grow to (761 K).
 2022 2023 2024 2025 (projected)
Income Before Tax116.6M81.9M94.1M98.8M
Total Revenue374.6M355.6M409.0M429.4M

Navigator Global fundamental ratios Correlations

0.960.950.650.770.820.940.870.940.02-0.24-0.190.720.210.440.930.960.920.86-0.670.95-0.470.790.810.550.47
0.960.960.660.620.610.970.890.98-0.26-0.1-0.250.660.050.280.840.920.870.72-0.610.99-0.260.640.90.610.62
0.950.960.760.640.660.940.890.96-0.23-0.19-0.10.55-0.060.330.870.950.880.74-0.530.98-0.210.670.910.440.62
0.650.660.760.570.460.640.650.66-0.24-0.250.080.25-0.210.190.520.680.620.62-0.440.690.00.610.690.080.53
0.770.620.640.570.880.670.540.560.4-0.560.010.760.440.580.70.690.690.84-0.80.61-0.641.00.420.480.21
0.820.610.660.460.880.630.580.60.54-0.44-0.040.670.480.620.860.770.770.89-0.630.62-0.760.880.40.320.09
0.940.970.940.640.670.630.870.93-0.24-0.31-0.080.760.060.450.840.910.850.71-0.570.96-0.250.70.920.680.58
0.870.890.890.650.540.580.870.89-0.21-0.12-0.270.550.080.230.760.820.960.6-0.440.89-0.270.550.820.540.56
0.940.980.960.660.560.60.930.89-0.28-0.02-0.270.55-0.040.20.870.940.870.73-0.550.99-0.210.580.890.520.64
0.02-0.26-0.23-0.240.40.54-0.24-0.21-0.28-0.31-0.070.240.760.370.1-0.090.050.29-0.28-0.28-0.810.38-0.51-0.07-0.67
-0.24-0.1-0.19-0.25-0.56-0.44-0.31-0.12-0.02-0.31-0.69-0.57-0.18-0.88-0.25-0.23-0.21-0.290.1-0.130.22-0.6-0.23-0.250.11
-0.19-0.25-0.10.080.01-0.04-0.08-0.27-0.27-0.07-0.69-0.04-0.430.58-0.06-0.05-0.27-0.110.48-0.150.40.050.07-0.27-0.03
0.720.660.550.250.760.670.760.550.550.24-0.57-0.040.540.690.620.590.640.61-0.610.6-0.590.760.50.840.13
0.210.05-0.06-0.210.440.480.060.08-0.040.76-0.18-0.430.540.310.170.010.270.31-0.52-0.05-0.920.41-0.280.36-0.44
0.440.280.330.190.580.620.450.230.20.37-0.880.580.690.310.510.440.360.48-0.160.3-0.40.620.330.28-0.14
0.930.840.870.520.70.860.840.760.870.1-0.25-0.060.620.170.510.970.850.87-0.520.87-0.470.710.740.370.4
0.960.920.950.680.690.770.910.820.94-0.09-0.23-0.050.590.010.440.970.860.87-0.550.95-0.310.720.850.380.53
0.920.870.880.620.690.770.850.960.870.05-0.21-0.270.640.270.360.850.860.76-0.560.86-0.50.70.730.510.41
0.860.720.740.620.840.890.710.60.730.29-0.29-0.110.610.310.480.870.870.76-0.740.73-0.590.860.530.270.23
-0.67-0.61-0.53-0.44-0.8-0.63-0.57-0.44-0.55-0.280.10.48-0.61-0.52-0.16-0.52-0.55-0.56-0.74-0.540.64-0.78-0.28-0.48-0.13
0.950.990.980.690.610.620.960.890.99-0.28-0.13-0.150.6-0.050.30.870.950.860.73-0.54-0.190.630.930.530.64
-0.47-0.26-0.210.0-0.64-0.76-0.25-0.27-0.21-0.810.220.4-0.59-0.92-0.4-0.47-0.31-0.5-0.590.64-0.19-0.620.09-0.330.33
0.790.640.670.611.00.880.70.550.580.38-0.60.050.760.410.620.710.720.70.86-0.780.63-0.620.460.460.2
0.810.90.910.690.420.40.920.820.89-0.51-0.230.070.5-0.280.330.740.850.730.53-0.280.930.090.460.480.72
0.550.610.440.080.480.320.680.540.52-0.07-0.25-0.270.840.360.280.370.380.510.27-0.480.53-0.330.460.480.33
0.470.620.620.530.210.090.580.560.64-0.670.11-0.030.13-0.44-0.140.40.530.410.23-0.130.640.330.20.720.33
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Navigator Global Account Relationship Matchups

Navigator Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets486.8M979.2M1.1B787.9M906.0M951.3M
Total Stockholder Equity370.6M601.3M633.3M662.1M761.5M799.5M
Other Liab308K81.5M135.2M160.4M184.4M193.6M
Accounts Payable216.2K539K164K443K398.7K378.8K
Cash52.1M136.8M101.9M61.6M70.9M38.0M
Total Liab116.2M377.9M512.9M124.6M143.3M89.7M
Common Stock320.2M518.0M553.1M541.8M623.1M654.3M
Property Plant Equipment26.7M20.0M24.8M29.9M34.4M36.1M
Other Assets121.5M305.9M383.2M391.8M450.6M473.1M
Short Term Investments84.1M179.6M255.6M(179.3M)(206.1M)(195.8M)
Retained Earnings(82.4M)(122.7M)(119.9M)(60.4M)(69.5M)(73.0M)
Good Will93.8M136.4M140.9M93.8M107.9M110.6M
Intangible Assets94.4M137.2M144.7M4.7M5.4M5.1M
Short Long Term Debt Total23.6M38.0M57.0M24.3M21.9M35.2M
Other Current Liab12.0M98.0M216.4M97.2M111.8M117.4M
Total Current Liabilities11.8M101.0M146.7M101.3M116.5M122.3M
Property Plant And Equipment Net20.0M36.1M45.0M28.3M32.5M34.2M
Current Deferred Revenue(8.6M)48.5M43.2M15.9M18.3M19.2M
Net Debt(28.5M)(98.7M)(44.9M)(37.3M)(33.6M)(31.9M)
Non Current Assets Total310.4M560.5M670.6M690.9M794.5M834.3M
Non Currrent Assets Other(190.5M)(381.2M)(468.9M)5.5M5.0M5.2M
Cash And Short Term Investments52.1M136.8M101.9M61.6M70.9M47.5M
Net Receivables14.2M17.1M22.1M29.4M33.8M35.5M
Liabilities And Stockholders Equity486.8M979.2M1.1B787.9M906.0M951.3M
Non Current Liabilities Total75.3M158.9M194.7M23.3M26.8M25.5M
Other Stockholder Equity62.9M(344.6M)(1.0)211.7M243.5M255.7M
Property Plant And Equipment Gross28.7M35.9M43.5M45.5M52.3M54.9M
Total Current Assets54.9M112.9M92.3M97.0M111.5M56.5M
Accumulated Other Comprehensive Income132.8M206.1M200.1M180.7M207.8M218.2M
Short Term Debt3.3M2.5M3.6M3.6M3.3M4.3M
Other Current Assets2.1M1.8M2.4M6.0M6.9M7.2M
Net Tangible Assets106.1M276.2M318.2M325.2M374.0M194.6M
Long Term Investments252.2M400.4M509.8M537.9M618.6M649.5M
Long Term Debt Total20.8M20.3M23.7M34.4M39.5M41.5M
Net Invested Capital372.1M413.5M432.8M663.2M762.7M425.9M
Net Working Capital57.4M11.9M(54.4M)(4.4M)(3.9M)(3.7M)

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