Nascent Total Current Liabilities vs Total Current Assets Analysis
| NCTW Stock | USD 0.0001 0.00 0.00% |
Nascent Wine financial indicator trend analysis is infinitely more than just investigating Nascent Wine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nascent Wine is a good investment. Please check the relationship between Nascent Wine Total Current Liabilities and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nascent Wine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nascent Wine Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nascent Wine's Total Current Liabilities and Total Current Assets is 0.18. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Nascent Wine, assuming nothing else is changed. The correlation between historical values of Nascent Wine's Total Current Liabilities and Total Current Assets 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 Liabilities of Nascent Wine are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Nascent Wine's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Nascent Wine balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nascent Wine are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Most indicators from Nascent Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nascent Wine 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 Nascent Wine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.Discontinued Operations is likely to drop to about (7.8 M) in 2024. Selling General Administrative is likely to drop to about 5.7 M in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 300.0 | 4.3M | 4.9M | 3.3M | Total Revenue | 1.4K | 18.4M | 21.2M | 18.0M |
Nascent Wine fundamental ratios Correlations
Click cells to compare fundamentals
Nascent Wine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Nascent Wine is a strong investment it is important to analyze Nascent Wine'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 Nascent Wine's future performance. For an informed investment choice regarding Nascent Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nascent Wine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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When running Nascent Wine's price analysis, check to measure Nascent Wine'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 Nascent Wine is operating at the current time. Most of Nascent Wine's value examination focuses on studying past and present price action to predict the probability of Nascent Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nascent Wine's price. Additionally, you may evaluate how the addition of Nascent Wine to your portfolios can decrease your overall portfolio volatility.
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Is Nascent Wine'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 Nascent Wine. If investors know Nascent 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 Nascent Wine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.175 | Quarterly Revenue Growth (0.69) | Return On Assets (0.09) | Return On Equity (1.63) |
The market value of Nascent Wine is measured differently than its book value, which is the value of Nascent that is recorded on the company's balance sheet. Investors also form their own opinion of Nascent Wine's value that differs from its market value or its book value, called intrinsic value, which is Nascent Wine'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 Nascent Wine's market value can be influenced by many factors that don't directly affect Nascent Wine'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 Nascent Wine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nascent Wine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nascent Wine'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.