NABL Total Liab vs Total Stockholder Equity Analysis
| NABL Stock | USD 12.59 0.10 0.80% |
N Able financial indicator trend analysis is infinitely more than just investigating N Able Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether N Able Inc is a good investment. Please check the relationship between N Able Total Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Total Liab vs Total Stockholder Equity
Total Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of N Able Inc Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between N Able's Total Liab and Total Stockholder Equity is -0.58. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of N Able Inc, assuming nothing else is changed. The correlation between historical values of N Able's Total Liab and Total Stockholder Equity 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 Liab of N Able Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., N Able's Total Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from N Able's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into N Able Inc 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 N Able Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, N Able's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 46.54 this year, although the value of Tax Provision will most likely fall to about 10.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 20.5M | 18.9M | 30.3M | 22.1M | Depreciation And Amortization | 32.5M | 26.3M | 20.1M | 32.7M |
N Able fundamental ratios Correlations
Click cells to compare fundamentals
N Able Account Relationship Matchups
High Positive Relationship
High Negative Relationship
N Able fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 20.8M | 36.9M | 36.0M | 37.3M | 53.9M | 36.0M | |
| Total Current Liabilities | 32.8M | 54.8M | 60.9M | 61.8M | 81.7M | 63.5M | |
| Other Liab | 11.0M | 6.4M | 3.3M | 8.4M | 7.5M | 7.7M | |
| Net Tangible Assets | (350.8M) | (275.2M) | (230.6M) | (195.6M) | (224.9M) | (236.2M) | |
| Accounts Payable | 2.0M | 5.5M | 5.9M | 3.5M | 5.2M | 3.8M | |
| Other Assets | 4.2M | 4.4M | 10.8M | 4.2M | 4.8M | 6.3M | |
| Net Receivables | 27.0M | 30.3M | 40.3M | 42.6M | 48.0M | 38.7M | |
| Other Stockholder Equity | 6.6M | 49.0M | 601.8M | 632.9M | 666.5M | 361.4M | |
| Total Current Assets | 71.4M | 135.7M | 121.0M | 154.2M | 224.8M | 148.8M | |
| Common Stock | 557.1M | 582.2M | 179K | 181K | 183K | 173.9K | |
| Property Plant Equipment | 23.7M | 33.3M | 75.0M | 37.4M | 43.0M | 40.2M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as N Able Inc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the N Able Inc information on this page should be used as a complementary analysis to other N Able's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for NABL Stock analysis
When running N Able's price analysis, check to measure N Able'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 N Able is operating at the current time. Most of N Able's value examination focuses on studying past and present price action to predict the probability of N Able's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move N Able's price. Additionally, you may evaluate how the addition of N Able to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is N Able's industry 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 N Able. If investors know NABL 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 N Able 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 1.051 | Earnings Share 0.15 | Revenue Per Share 2.381 | Quarterly Revenue Growth 0.14 | Return On Assets 0.0411 |
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able'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 N Able's market value can be influenced by many factors that don't directly affect N Able'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 N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able'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.