NetSol Total Operating Expenses vs Gross Profit Analysis
NTWK Stock | USD 2.74 0.02 0.74% |
NetSol Technologies financial indicator trend analysis is infinitely more than just investigating NetSol Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSol Technologies is a good investment. Please check the relationship between NetSol Technologies Total Operating Expenses and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.
Total Operating Expenses vs Gross Profit
Total Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetSol Technologies Total Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between NetSol Technologies' Total Operating Expenses and Gross Profit is 0.71. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of NetSol Technologies, assuming nothing else is changed. The correlation between historical values of NetSol Technologies' Total Operating Expenses and Gross Profit 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 Operating Expenses of NetSol Technologies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Operating Expenses i.e., NetSol Technologies' Total Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Gross Profit
Gross profit is a required income statement account that reflects total revenue of NetSol Technologies minus its cost of goods sold. It is profit before NetSol Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from NetSol Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetSol Technologies 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 NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.24 this year, although the value of Tax Provision will most likely fall to about 1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 16.9M | 29.3M | 18.1M | Total Revenue | 57.2M | 52.4M | 61.4M | 38.5M |
NetSol Technologies fundamental ratios Correlations
Click cells to compare fundamentals
NetSol Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NetSol Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Short Long Term Debt Total | 13.1M | 13.5M | 10.0M | 7.1M | 7.7M | 7.4M | |
Other Current Liab | 4.4M | 8.4M | 7.7M | 8.0M | 5.3M | 3.5M | |
Total Current Liabilities | 20.1M | 23.5M | 20.8M | 20.8M | 23.9M | 14.7M | |
Total Stockholder Equity | 59.0M | 54.7M | 45.4M | 33.8M | 34.8M | 41.7M | |
Net Debt | (7.0M) | (20.2M) | (13.9M) | (8.4M) | (11.5M) | (10.9M) | |
Retained Earnings | (34.3M) | (38.8M) | (39.7M) | (44.9M) | (44.2M) | (46.4M) | |
Non Current Assets Total | 36.6M | 31.0M | 23.2M | 16.8M | 16.7M | 15.9M | |
Non Currrent Assets Other | 42.0K | 55.1K | 879.1K | 6.9K | 986.4K | 1.0M | |
Common Stock Shares Outstanding | 11.8M | 11.5M | 11.3M | 11.3M | 11.4M | 6.3M | |
Liabilities And Stockholders Equity | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Other Stockholder Equity | 127.2M | 125.2M | 124.3M | 124.6M | 124.9M | 91.3M | |
Total Liab | 23.0M | 24.7M | 21.8M | 21.6M | 24.7M | 16.3M | |
Short Term Debt | 10.3M | 13.2M | 9.9M | 7.0M | 7.5M | 6.1M | |
Common Stock | 121.2K | 121.8K | 122.0K | 122.9K | 123.6K | 90.7K | |
Property Plant And Equipment Net | 13.7M | 13.4M | 10.4M | 7.3M | 6.4M | 12.4M | |
Accounts Payable | 1.4M | 1.1M | 1.2M | 1.1M | 1.4M | 1.8M | |
Net Receivables | 29.9M | 18.9M | 23.2M | 24.1M | 26.0M | 17.7M | |
Non Current Liabilities Total | 2.9M | 1.3M | 923.5K | 828.4K | 784.5K | 1.2M | |
Other Current Assets | 163.2K | 3.0M | 2.2M | 2.0M | 2.9M | 3.0M | |
Property Plant And Equipment Gross | 13.7M | 13.4M | 24.4M | 18.7M | 18.9M | 13.9M | |
Total Current Assets | 51.9M | 55.6M | 49.4M | 41.6M | 47.5M | 32.9M | |
Accumulated Other Comprehensive Income | (34.1M) | (31.9M) | (39.4M) | (46.0M) | (45.9M) | (43.6M) | |
Intangible Assets | 5.4M | 3.9M | 1.6M | 127.9K | 147.1K | 139.8K | |
Cash | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.0M | |
Other Assets | 5.6M | 1.0M | 879.1K | 6.9K | 8.0K | 7.6K | |
Long Term Debt | 67.1K | 1.4M | 594.1K | 12.9K | 11.6K | 11.0K | |
Cash And Short Term Investments | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.1M | |
Common Stock Total Equity | 117.1K | 119.1K | 121.2K | 121.8K | 140.1K | 88.3K | |
Property Plant Equipment | 13.7M | 13.4M | 10.4M | 7.3M | 8.4M | 13.1M | |
Inventory | 1.7M | 2.6M | 1.9M | 1.7M | (559.2K) | (531.3K) | |
Current Deferred Revenue | 4.1M | 4.6M | 4.9M | 7.9M | 8.8M | 4.8M | |
Net Tangible Assets | 44.1M | 41.2M | 34.5M | 24.4M | 28.0M | 37.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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 (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.