NFT Capital Lease Obligations vs Current Deferred Revenue Analysis
MI Stock | 8.80 0.30 3.53% |
NFT financial indicator trend analysis is infinitely more than just investigating NFT Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NFT Limited is a good investment. Please check the relationship between NFT Capital Lease Obligations and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Capital Lease Obligations vs Current Deferred Revenue
Capital Lease Obligations vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NFT Limited Capital Lease Obligations account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NFT's Capital Lease Obligations and Current Deferred Revenue is 0.83. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of NFT Limited, assuming nothing else is changed. The correlation between historical values of NFT's Capital Lease Obligations 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 Capital Lease Obligations of NFT Limited 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 Capital Lease Obligations i.e., NFT's Capital Lease Obligations and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Lease Obligations
NFT Limited capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to NFT asset purchases. For example, NFT can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as NFT control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 NFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NFT Limited 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 NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The NFT's current Selling General Administrative is estimated to increase to about 3.8 M, while Tax Provision is projected to decrease to under 93.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.3M | 2.7M | 2.5M | 4.2M | Cost Of Revenue | 117.0 | 782.8K | 556.6K | 513.0K |
NFT fundamental ratios Correlations
Click cells to compare fundamentals
NFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is IT Consulting & Other Services 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 NFT. If investors know NFT 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 NFT 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 (0.85) | Earnings Share (132.17) | Revenue Per Share 0.312 | Quarterly Revenue Growth (0.66) | Return On Assets (0.01) |
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT'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 NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.