NFT Current Deferred Revenue vs Cash And Short Term Investments Analysis
| MI Stock | 7.87 0.51 6.09% |
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 Current Deferred Revenue and its Cash And Short Term Investments 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.
Current Deferred Revenue vs Cash And Short Term Investments
Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NFT Limited Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between NFT's Current Deferred Revenue and Cash And Short Term Investments is -0.77. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments 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 Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of NFT Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., NFT's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of NFT Limited balance sheet. This account contains NFT investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NFT Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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
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NFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in NFT Stock
When determining whether NFT Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NFT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nft Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nft Limited Stock: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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
Earnings Share (130.50) | Revenue Per Share 3.291 | Quarterly Revenue Growth (0.59) | Return On Assets (0.01) | Return On Equity (0.03) |
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.