National Short Term Debt vs Accounts Payable Analysis

NRC Stock  USD 23.00  0.45  1.92%   
National Research financial indicator trend analysis is infinitely more than just investigating National Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Research Corp is a good investment. Please check the relationship between National Research Short Term Debt and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Short Term Debt vs Accounts Payable

Short Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Research Corp Short Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Research's Short Term Debt and Accounts Payable is -0.24. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of National Research Corp, assuming nothing else is changed. The correlation between historical values of National Research's Short Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of National Research Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Debt i.e., National Research's Short Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Accounts Payable

An accounting item on the balance sheet that represents National Research obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of National Research Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from National Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Research Corp 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 National Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, National Research's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 35.41, whereas Tax Provision is forecasted to decline to about 7.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit95.6M94.5M86.7M91.0M
Total Revenue148.0M151.6M148.6M156.0M

National Research fundamental ratios Correlations

0.780.30.710.350.540.330.770.26-0.340.020.360.710.890.650.710.870.30.820.180.810.2-0.46-0.140.470.12
0.78-0.110.42-0.2-0.02-0.20.310.06-0.60.580.330.780.550.210.780.57-0.250.520.020.82-0.12-0.08-0.260.07-0.42
0.3-0.110.390.920.720.560.310.430.43-0.8-0.170.130.280.590.130.460.810.60.60.280.8-0.820.230.860.82
0.710.420.390.50.520.630.630.16-0.29-0.240.290.60.580.420.60.550.380.630.10.650.17-0.69-0.380.60.3
0.35-0.20.920.50.840.710.490.350.42-0.91-0.10.070.390.750.070.510.90.550.40.210.72-0.810.170.830.89
0.54-0.020.720.520.840.680.730.630.4-0.70.110.060.670.70.060.610.920.680.560.250.67-0.750.250.770.84
0.33-0.20.560.630.710.680.610.210.12-0.68-0.110.040.40.450.040.440.630.310.170.120.22-0.66-0.060.60.64
0.770.310.310.630.490.730.610.26-0.13-0.280.510.40.780.580.40.710.440.660.160.50.2-0.520.090.550.3
0.260.060.430.160.350.630.210.260.63-0.26-0.16-0.260.490.12-0.260.340.610.580.87-0.050.7-0.540.460.450.56
-0.34-0.60.43-0.290.420.40.12-0.130.63-0.59-0.5-0.770.00.09-0.77-0.040.590.10.57-0.620.75-0.310.660.260.65
0.020.58-0.8-0.24-0.91-0.7-0.68-0.28-0.26-0.590.230.26-0.11-0.550.26-0.2-0.85-0.24-0.310.17-0.640.63-0.25-0.65-0.91
0.360.33-0.170.29-0.10.11-0.110.51-0.16-0.50.230.550.160.00.550.04-0.170.27-0.140.5-0.2-0.03-0.240.16-0.24
0.710.780.130.60.070.060.040.4-0.26-0.770.260.550.320.311.00.41-0.140.48-0.120.97-0.15-0.22-0.460.3-0.25
0.890.550.280.580.390.670.40.780.490.0-0.110.160.320.660.320.890.470.780.290.460.32-0.430.080.40.29
0.650.210.590.420.750.70.450.580.120.09-0.550.00.310.660.310.770.670.560.080.420.45-0.450.020.530.55
0.710.780.130.60.070.060.040.4-0.26-0.770.260.551.00.320.310.41-0.140.48-0.120.97-0.15-0.22-0.460.3-0.25
0.870.570.460.550.510.610.440.710.34-0.04-0.20.040.410.890.770.410.450.740.210.570.36-0.540.070.530.28
0.3-0.250.810.380.90.920.630.440.610.59-0.85-0.17-0.140.470.67-0.140.450.540.580.040.76-0.690.230.710.98
0.820.520.60.630.550.680.310.660.580.1-0.240.270.480.780.560.480.740.540.580.630.64-0.690.160.690.41
0.180.020.60.10.40.560.170.160.870.57-0.31-0.14-0.120.290.08-0.120.210.580.580.060.76-0.540.470.510.58
0.810.820.280.650.210.250.120.5-0.05-0.620.170.50.970.460.420.970.570.040.630.060.04-0.38-0.340.45-0.1
0.2-0.120.80.170.720.670.220.20.70.75-0.64-0.2-0.150.320.45-0.150.360.760.640.760.04-0.710.540.710.74
-0.46-0.08-0.82-0.69-0.81-0.75-0.66-0.52-0.54-0.310.63-0.03-0.22-0.43-0.45-0.22-0.54-0.69-0.69-0.54-0.38-0.71-0.12-0.94-0.67
-0.14-0.260.23-0.380.170.25-0.060.090.460.66-0.25-0.24-0.460.080.02-0.460.070.230.160.47-0.340.54-0.120.080.22
0.470.070.860.60.830.770.60.550.450.26-0.650.160.30.40.530.30.530.710.690.510.450.71-0.940.080.69
0.12-0.420.820.30.890.840.640.30.560.65-0.91-0.24-0.250.290.55-0.250.280.980.410.58-0.10.74-0.670.220.69
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National Research Account Relationship Matchups

National Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.7M133.4M157.5M130.5M122.4M80.7M
Total Stockholder Equity32.9M64.3M85.3M72.0M49.0M45.4M
Other Assets5.4M8.9M9.8M5.7M6.6M6.9M
Common Stock Shares Outstanding25.7M25.7M25.6M25.1M24.7M14.8M
Liabilities And Stockholders Equity110.7M133.4M157.5M130.5M122.4M80.7M
Other Stockholder Equity128.4M128.1M123.8M97.2M79.5M83.4M
Total Liab77.8M69.1M72.2M58.4M73.5M77.2M
Other Current Liab12.2M10.9M11.5M8.6M12.3M6.8M
Total Current Liabilities38.2M31.7M40.4M33.4M36.2M23.7M
Property Plant And Equipment Net13.5M11.7M12.4M17.2M30.3M31.8M
Net Debt20.7M(4.1M)(27.8M)(2.8M)32.3M33.9M
Retained Earnings(93.4M)(61.4M)(36.1M)(25.2M)(30.5M)(29.0M)
Accounts Payable4.9M1.1M7.4M5.1M1.3M1.2M
Cash13.5M34.7M54.4M25.0M6.7M6.3M
Non Current Assets Total81.5M79.3M83.8M86.7M98.1M58.5M
Non Currrent Assets Other10.1M10.3M9.8M7.9M4.7M4.5M
Cash And Short Term Investments13.5M34.7M54.4M25.0M6.7M6.3M
Net Receivables11.7M15.2M14.5M14.5M12.6M9.2M
Non Current Liabilities Total39.6M37.4M31.8M25.0M37.3M39.1M
Other Current Assets3.9M4.3M4.9M4.2M5.1M3.7M
Property Plant And Equipment Gross15.2M13.0M46.6M17.2M65.9M69.2M
Total Current Assets29.2M54.1M73.7M43.7M24.4M30.4M
Accumulated Other Comprehensive Income(1.6M)(2.9M)(2.2M)(2.4M)(2.4M)0.0
Short Long Term Debt Total34.2M30.6M26.5M22.2M39.0M40.9M
Intangible Assets1.7M1.4M1.8M1.6M1.5M1.4M
Short Term Debt4.4M4.1M4.3M4.5M7.8M8.2M
Other Liab8.1M10.9M9.5M6.9M8.0M8.4M
Long Term Debt29.8M26.5M22.3M17.7M29.5M30.9M
Treasury Stock(33.7M)(43.7M)(50.1M)(78.3M)(70.4M)(66.9M)
Property Plant Equipment13.5M11.7M12.4M17.2M19.8M14.1M
Current Deferred Revenue16.6M15.6M17.2M15.2M14.8M14.4M
Good Will57.8M57.9M57.3M61.6M55.5M52.7M
Retained Earnings Total Equity(93.4M)(61.4M)(36.1M)(25.2M)(22.7M)(21.5M)
Deferred Long Term Liab4.2M4.6M3.8M5.3M4.7M3.4M
Net Tangible Assets32.9M64.3M23.7M8.8M10.1M9.6M
Capital Surpluse162.2M171.8M173.9M175.5M201.8M110.9M

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Additional Information and Resources on Investing in National Stock

When determining whether National Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Research'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 National Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Research Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Health Care Providers & 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 National Research. If investors know National 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 National Research 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
(0.05)
Dividend Share
0.48
Earnings Share
1.24
Revenue Per Share
6.052
Quarterly Revenue Growth
(0.03)
The market value of National Research Corp is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Research's value that differs from its market value or its book value, called intrinsic value, which is National Research'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 National Research's market value can be influenced by many factors that don't directly affect National Research'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 National Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Research'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.