New Short Term Investments vs Current Deferred Revenue Analysis
| NMFC Stock | USD 11.94 0.10 0.84% |
New Mountain financial indicator trend analysis is infinitely more than just investigating New Mountain Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Mountain Finance is a good investment. Please check the relationship between New Mountain Short Term Investments and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Short Term Investments vs Current Deferred Revenue
Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Mountain Finance Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between New Mountain's Short Term Investments and Current Deferred Revenue is 0.27. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of New Mountain Finance, assuming nothing else is changed. The correlation between historical values of New Mountain's Short Term Investments and Current Deferred Revenue 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 Investments of New Mountain Finance are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Investments i.e., New Mountain's Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of New Mountain balance sheet. It contains any investments New Mountain Finance undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that New Mountain Finance can easily liquidate in the marketplace.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from New Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Mountain Finance 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 New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At present, New Mountain'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 0.25, whereas Issuance Of Capital Stock is forecasted to decline to about 6.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 203.6M | 13.1M | 374.8M | 393.6M | Total Revenue | 203.6M | 89.1M | 374.8M | 393.6M |
New Mountain fundamental ratios Correlations
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New Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Mountain fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.3B | 3.1B | 3.3B | 3.4B | 3.2B | 1.9B | |
| Total Current Liabilities | 18.3M | 42.4M | 25.3M | 316.9M | 158.5M | 286.8M | |
| Total Stockholder Equity | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B | 875.1M | |
| Net Debt | 1.9B | 1.7B | 1.8B | 1.9B | 1.7B | 1.8B | |
| Accounts Payable | 18.3M | 8.2M | 25.3M | 19.6M | 20.4M | 16.2M | |
| Cash | 48.6M | 79.0M | 58.1M | 71.2M | 70.1M | 66.6M | |
| Non Current Assets Total | 3.2B | 3.0B | 3.2B | 820.8M | 594K | 564.3K | |
| Cash And Short Term Investments | 48.6M | 79.0M | 58.1M | 2.5B | 70.1M | 66.6M | |
| Net Receivables | 32.1M | 37.5M | 30.9M | 36.2M | 44.2M | 42.0M | |
| Common Stock Shares Outstanding | 100.5M | 96.8M | 110.2M | 115.4M | 123.5M | 69.6M | |
| Liabilities And Stockholders Equity | 3.3B | 3.1B | 3.3B | 3.4B | 3.2B | 1.9B | |
| Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 877.5M | |
| Total Liab | 2.0B | 1.9B | 2.0B | 2.0B | 1.8B | 1.1B | |
| Total Current Assets | 80.7M | 116.5M | 88.9M | 2.5B | 114.3M | 108.6M | |
| Short Long Term Debt Total | 1.9B | 1.8B | 1.9B | 2.0B | 1.8B | 1.3B | |
| Other Current Liab | (18.3M) | (8.2M) | (25.3M) | 16.9M | 18.7M | 17.7M | |
| Other Liab | 3.5M | 2.1M | 2.5M | 11.6M | 10.4M | 6.6M | |
| Current Deferred Revenue | (183.4M) | (159.1M) | (176.1M) | (20.4M) | (18.4M) | (19.3M) | |
| Other Assets | 25.1M | 27.5M | 32.5M | 26.3M | 3.0B | 3.2B | |
| Other Current Assets | (80.7M) | (116.5M) | (88.9M) | 16.5M | (114.3M) | (108.6M) | |
| Short Term Debt | 201.6M | 201.5M | 201.4M | 316.9M | 119.4M | 177.3M | |
| Non Currrent Assets Other | (3.3B) | (101K) | (3.3B) | (5.8B) | (3.0B) | (2.9B) | |
| Accumulated Other Comprehensive Income | (96.7M) | (154.7M) | (70.9M) | (140.1M) | (162.8M) | (154.6M) | |
| Retained Earnings | (5.4M) | (48.8M) | 47.5M | 7.5M | (12.3M) | (11.7M) | |
| Net Tangible Assets | 1.3B | 1.2B | 1.3B | 1.3B | 1.5B | 1.2B | |
| Short Term Investments | 25.2M | 23.5M | 2.3B | 2.4B | 2.8B | 2.9B | |
| Non Current Liabilities Total | 1.9B | 1.8B | 1.9B | 1.7B | 1.7B | 1.2B | |
| Long Term Investments | 3.2B | 3.0B | 3.2B | 3.2B | 3.0B | 2.7B | |
| Net Invested Capital | 3.2B | 3.0B | 3.2B | 3.3B | 3.1B | 3.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether New Mountain Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Mountain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of New Mountain Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Mountain Finance Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Mountain Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Asset Management & Custody Banks 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 New Mountain. If investors know New 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 New Mountain 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 (0.19) | Dividend Share 1.28 | Earnings Share 1.04 | Revenue Per Share 3.557 | Quarterly Revenue Growth 0.01 |
The market value of New Mountain Finance is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Mountain's value that differs from its market value or its book value, called intrinsic value, which is New Mountain'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 New Mountain's market value can be influenced by many factors that don't directly affect New Mountain'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 New Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Mountain'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.