Nice Net Invested Capital vs Deferred Long Term Liab Analysis

NICE Stock  USD 179.84  2.67  1.46%   
Nice financial indicator trend analysis is infinitely more than just investigating Nice Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nice Ltd ADR is a good investment. Please check the relationship between Nice Net Invested Capital and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Invested Capital vs Deferred Long Term Liab

Net Invested Capital vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nice Ltd ADR Net Invested Capital account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nice's Net Invested Capital and Deferred Long Term Liab is 0.69. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Nice Ltd ADR, assuming nothing else is changed. The correlation between historical values of Nice's Net Invested Capital and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Nice Ltd ADR are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Invested Capital i.e., Nice's Net Invested Capital and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Nice's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nice Ltd ADR 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 Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Nice's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.12, whereas Discontinued Operations is projected to grow to (6.7 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.6B1.7B
Total Revenue1.9B2.2B2.4B2.5B

Nice fundamental ratios Correlations

0.870.980.990.970.770.980.910.90.940.930.910.940.530.870.650.80.70.980.820.940.790.370.560.860.59
0.870.880.860.890.750.870.810.770.750.920.860.820.30.740.680.840.510.870.780.880.490.040.310.860.34
0.980.880.970.940.740.950.870.90.850.960.960.910.510.780.770.890.710.960.780.980.780.450.520.940.55
0.990.860.970.950.690.980.930.920.920.930.910.960.540.810.630.80.70.960.850.940.770.380.570.860.61
0.970.890.940.950.820.960.880.840.910.940.870.890.380.870.610.760.60.960.830.90.690.220.430.850.46
0.770.750.740.690.820.720.610.490.780.710.630.60.190.910.620.610.440.860.550.660.580.110.260.650.28
0.980.870.950.980.960.720.940.910.880.940.910.960.380.820.620.820.560.940.90.950.680.290.430.870.47
0.910.810.870.930.880.610.940.850.830.870.830.960.390.740.480.750.530.860.920.880.60.230.410.780.45
0.90.770.90.920.840.490.910.850.770.850.920.880.470.670.570.770.620.850.770.920.710.440.490.840.53
0.940.750.850.920.910.780.880.830.770.760.710.860.60.930.450.570.720.940.740.760.80.280.650.650.68
0.930.920.960.930.940.710.940.870.850.760.950.90.320.710.760.920.560.90.810.970.630.310.330.950.37
0.910.860.960.910.870.630.910.830.920.710.950.850.370.660.780.910.590.880.750.990.670.440.370.990.4
0.940.820.910.960.890.60.960.960.880.860.90.850.450.740.540.780.580.880.90.910.640.260.490.80.53
0.530.30.510.540.380.190.380.390.470.60.320.370.450.390.240.230.930.480.180.390.790.530.960.30.96
0.870.740.780.810.870.910.820.740.670.930.710.660.740.390.450.550.580.930.640.70.710.160.470.620.5
0.650.680.770.630.610.620.620.480.570.450.760.780.540.240.450.90.460.670.450.770.550.530.220.820.24
0.80.840.890.80.760.610.820.750.770.570.920.910.780.230.550.90.460.780.70.930.540.410.220.930.25
0.70.510.710.70.60.440.560.530.620.720.560.590.580.930.580.460.460.690.30.60.910.580.930.550.93
0.980.870.960.960.960.860.940.860.850.940.90.880.880.480.930.670.780.690.760.910.790.340.530.850.56
0.820.780.780.850.830.550.90.920.770.740.810.750.90.180.640.450.70.30.760.810.410.090.230.710.28
0.940.880.980.940.90.660.950.880.920.760.970.990.910.390.70.770.930.60.910.810.680.420.40.970.43
0.790.490.780.770.690.580.680.60.710.80.630.670.640.790.710.550.540.910.790.410.680.730.820.630.83
0.370.040.450.380.220.110.290.230.440.280.310.440.260.530.160.530.410.580.340.090.420.730.490.420.5
0.560.310.520.570.430.260.430.410.490.650.330.370.490.960.470.220.220.930.530.230.40.820.490.31.0
0.860.860.940.860.850.650.870.780.840.650.950.990.80.30.620.820.930.550.850.710.970.630.420.30.33
0.590.340.550.610.460.280.470.450.530.680.370.40.530.960.50.240.250.930.560.280.430.830.51.00.33
Click cells to compare fundamentals

Nice Account Relationship Matchups

Nice fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.2B4.7B4.9B5.1B5.4B
Other Current Liab391.7M417.2M487.5M523.5M528.7M555.1M
Total Current Liabilities689.4M1.0B1.2B1.1B1.1B1.2B
Total Stockholder Equity2.3B2.6B2.8B3.0B3.3B3.5B
Property Plant And Equipment Net247.8M234.9M230.7M262.2M279.0M292.9M
Net Debt361.6M353.6M499.9M247.9M271.2M284.7M
Retained Earnings1.3B1.5B1.7B1.9B2.3B2.4B
Accounts Payable30.4M33.1M36.1M56.0M66.0M69.3M
Cash228.3M442.3M378.7M529.6M511.8M537.4M
Non Current Assets Total2.7B2.3B2.4B2.4B2.8B2.9B
Non Currrent Assets Other124.0M153.7M224.4M231.5M219.3M230.3M
Cash And Short Term Investments439.1M1.5B1.4B1.6B1.4B1.5B
Net Receivables319.6M308.9M395.6M519.4M585.2M614.4M
Common Stock Shares Outstanding64.7M66.0M66.9M66.5M66.3M53.5M
Liabilities And Stockholders Equity3.6B4.2B4.7B4.9B5.1B5.4B
Non Current Liabilities Total663.3M600.0M602.9M656.5M642.8M675.0M
Inventory3.4M168.3M427.1M122.3M140.7M147.7M
Other Current Assets4.2M175.3M477.5M326.2M319.9M335.9M
Other Stockholder Equity1.0B1.1B1.2B1.2B1.1B703.3M
Total Liab1.4B1.6B1.8B1.8B1.8B1.9B
Property Plant And Equipment Gross247.8M234.9M230.7M262.2M708.7M744.1M
Total Current Assets875.7M1.9B2.3B2.4B2.3B2.4B
Accumulated Other Comprehensive Income(33.3M)(16.7M)(39.7M)(111.3M)(59.1M)(56.2M)
Short Long Term Debt Total589.9M795.9M878.5M777.5M783.0M537.4M
Short Term Debt21.5M282.3M415.5M222.8M223.0M181.5M
Short Term Investments210.8M1.0B1.0B1.0B896.0M940.8M
Other Liab109.9M94.9M86.4M92.4M106.3M111.6M
Other Assets86.4M154.5M186.4M273.3M314.3M330.1M
Good Will1.4B1.5B1.6B1.6B1.8B1.9B
Intangible Assets411.0M366.0M295.4M209.6M305.5M228.5M
Property Plant Equipment87.5M184.2M164.8M230.7M265.3M278.6M
Current Deferred Revenue245.8M311.9M330.5M338.9M302.6M213.1M
Net Tangible Assets89.3M404.2M624.5M923.0M1.1B1.1B
Long Term Debt213.3M421.3M429.3M455.4M457.1M338.6M
Deferred Long Term Liab57.7M79.3M94.1M138.3M159.1M94.0M

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When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Application Software 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 Nice. If investors know Nice 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 Nice 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
0.344
Earnings Share
6.47
Revenue Per Share
1.6083
Quarterly Revenue Growth
0.143
Return On Assets
0.0606
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.