NSTS Total Current Assets vs Retained Earnings Analysis
NSTS Stock | USD 11.79 0.04 0.34% |
NSTS Bancorp financial indicator trend analysis is infinitely more than just investigating NSTS Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NSTS Bancorp is a good investment. Please check the relationship between NSTS Bancorp Total Current Assets and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NSTS Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy NSTS Stock please use our How to Invest in NSTS Bancorp guide.
Total Current Assets vs Retained Earnings
Total Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NSTS Bancorp Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between NSTS Bancorp's Total Current Assets and Retained Earnings is 0.29. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of NSTS Bancorp, assuming nothing else is changed. The correlation between historical values of NSTS Bancorp's Total Current Assets and Retained Earnings 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 Assets of NSTS Bancorp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., NSTS Bancorp's Total Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from NSTS Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NSTS Bancorp 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 NSTS Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy NSTS Stock please use our How to Invest in NSTS Bancorp guide.At this time, NSTS Bancorp's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 5.4 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (18.21).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.0M | 6.3M | 7.5M | 7.0M | Net Interest Income | 4.1M | 5.6M | 6.4M | 5.7M |
NSTS Bancorp fundamental ratios Correlations
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NSTS Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for NSTS Stock Analysis
When running NSTS Bancorp's price analysis, check to measure NSTS Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NSTS Bancorp is operating at the current time. Most of NSTS Bancorp's value examination focuses on studying past and present price action to predict the probability of NSTS Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSTS Bancorp's price. Additionally, you may evaluate how the addition of NSTS Bancorp to your portfolios can decrease your overall portfolio volatility.