Netstreit Deferred Long Term Liab vs Total Stockholder Equity Analysis

NTST Stock  USD 16.45  0.24  1.44%   
Netstreit Corp financial indicator trend analysis is infinitely more than just investigating Netstreit Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netstreit Corp is a good investment. Please check the relationship between Netstreit Corp Deferred Long Term Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netstreit 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 state.
For more information on how to buy Netstreit Stock please use our How to Invest in Netstreit Corp guide.

Deferred Long Term Liab vs Total Stockholder Equity

Deferred Long Term Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netstreit Corp Deferred Long Term Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Netstreit Corp's Deferred Long Term Liab and Total Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Netstreit Corp, assuming nothing else is changed. The correlation between historical values of Netstreit Corp's Deferred Long Term 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 Deferred Long Term Liab of Netstreit Corp 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 Deferred Long Term Liab i.e., Netstreit Corp's Deferred Long Term Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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 Netstreit Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netstreit 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 Netstreit 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 state.
For more information on how to buy Netstreit Stock please use our How to Invest in Netstreit Corp guide.At this time, Netstreit Corp's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 25.18 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 214.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit53.3M84.6M108.1M58.3M
Total Revenue59.1M96.3M123.1M65.2M

Netstreit Corp fundamental ratios Correlations

0.90.940.950.990.940.940.730.760.181.00.980.940.760.180.780.960.810.93-0.581.00.911.00.640.3-0.09
0.90.880.870.850.790.780.840.72-0.060.890.90.80.96-0.060.80.960.980.87-0.350.861.00.910.63-0.09-0.06
0.940.880.990.930.860.870.740.61-0.010.950.950.880.72-0.010.680.950.760.79-0.350.930.890.940.410.3-0.36
0.950.870.990.950.890.890.710.620.110.970.960.90.70.110.670.940.750.85-0.390.950.880.960.480.31-0.31
0.990.850.930.950.950.950.680.730.20.990.980.950.690.20.750.930.750.91-0.591.00.860.990.590.41-0.14
0.940.790.860.890.951.00.790.850.160.940.921.00.640.160.870.870.690.87-0.650.940.80.930.580.34-0.03
0.940.780.870.890.951.00.780.850.180.940.921.00.630.180.860.880.690.86-0.660.950.80.940.580.34-0.04
0.730.840.740.710.680.790.780.8-0.350.730.760.80.82-0.350.90.810.840.67-0.280.690.840.740.39-0.14-0.08
0.760.720.610.620.730.850.850.80.150.730.70.840.690.150.980.770.720.73-0.790.740.730.750.75-0.040.39
0.18-0.06-0.010.110.20.160.18-0.350.150.130.020.13-0.161.0-0.010.03-0.130.28-0.630.19-0.050.140.60.160.53
1.00.890.950.970.990.940.940.730.730.130.990.940.740.130.760.960.790.91-0.531.00.91.00.570.35-0.17
0.980.90.950.960.980.920.920.760.70.020.990.930.760.020.750.950.810.9-0.440.980.910.990.50.35-0.24
0.940.80.880.90.951.01.00.80.840.130.940.930.640.130.860.880.70.86-0.620.950.810.940.550.34-0.07
0.760.960.720.70.690.640.630.820.69-0.160.740.760.64-0.160.770.861.00.78-0.280.70.950.780.64-0.30.08
0.18-0.06-0.010.110.20.160.18-0.350.151.00.130.020.13-0.16-0.010.03-0.130.28-0.630.19-0.050.140.60.160.53
0.780.80.680.670.750.870.860.90.98-0.010.760.750.860.77-0.010.810.790.74-0.660.750.80.780.67-0.090.26
0.960.960.950.940.930.870.880.810.770.030.960.950.880.860.030.810.90.85-0.490.940.960.970.620.13-0.11
0.810.980.760.750.750.690.690.840.72-0.130.790.810.71.0-0.130.790.90.82-0.320.760.970.830.65-0.230.06
0.930.870.790.850.910.870.860.670.730.280.910.90.860.780.280.740.850.82-0.540.910.880.930.740.140.08
-0.58-0.35-0.35-0.39-0.59-0.65-0.66-0.28-0.79-0.63-0.53-0.44-0.62-0.28-0.63-0.66-0.49-0.32-0.54-0.59-0.36-0.54-0.79-0.22-0.6
1.00.860.930.951.00.940.950.690.740.191.00.980.950.70.190.750.940.760.91-0.590.870.990.60.39-0.13
0.911.00.890.880.860.80.80.840.73-0.050.90.910.810.95-0.050.80.960.970.88-0.360.870.920.63-0.06-0.06
1.00.910.940.960.990.930.940.740.750.141.00.990.940.780.140.780.970.830.93-0.540.990.920.620.29-0.12
0.640.630.410.480.590.580.580.390.750.60.570.50.550.640.60.670.620.650.74-0.790.60.630.62-0.230.67
0.3-0.090.30.310.410.340.34-0.14-0.040.160.350.350.34-0.30.16-0.090.13-0.230.14-0.220.39-0.060.29-0.23-0.48
-0.09-0.06-0.36-0.31-0.14-0.03-0.04-0.080.390.53-0.17-0.24-0.070.080.530.26-0.110.060.08-0.6-0.13-0.06-0.120.67-0.48
Click cells to compare fundamentals

Netstreit Corp Account Relationship Matchups

Netstreit Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets433.9M725.8M1.1B1.6B1.9B1.1B
Short Long Term Debt Total178.6M191.0M261.6M524.3M640.3M374.5M
Other Current Liab877K399K14.6M18.6M18.6M10.2M
Total Current Liabilities2.0M6.7M81.0M135.9M110.4M62.1M
Total Stockholder Equity164.5M494.1M779.2M1.0B1.3B703.0M
Other Liab5.8M18.7M24.2M33.9M39.0M41.0M
Net Tangible Assets135.7M419.1M654.4M897.8M1.0B1.1B
Net Debt9.3M98.4M254.0M453.8M621.8M652.9M
Retained Earnings28K(7.5M)(35.1M)(66.9M)(112.3M)(106.7M)
Accounts Payable1.2M916K419K1.4M4.7M4.9M
Cash169.3M92.6M7.6M70.5M18.4M17.5M
Non Current Assets Total254.3M618.4M1.1B1.5B1.7B989.3M
Non Currrent Assets Other1.6M543.3M927.7M1.3B1.6B839.7M
Other Assets1.6M558.1M936.1M1.3B1.5B1.6B
Long Term Debt173.9M174.1M174.3M381.2M529.8M307.4M
Cash And Short Term Investments169.3M92.6M7.6M70.5M18.4M17.5M
Net Receivables640K2.9M5.1M46.4M133.7M140.4M
Liabilities And Stockholders Equity433.9M725.8M1.1B1.6B1.9B1.1B
Non Current Liabilities Total179.4M191.0M197.6M411.3M562.4M328.1M
Capital Lease Obligations4.7M16.9M5.4M30.1M30.5M16.7M
Other Current Assets(169.9M)(95.5M)(12.7M)32.0M(163.6M)(155.4M)
Other Stockholder Equity164.4M501.0M809.7M1.1B1.4B736.4M
Total Liab181.5M197.7M278.6M547.3M672.8M390.2M
Net Invested Capital338.4M668.2M1.0B1.5B1.9B1.1B
Total Current Assets179.6M107.4M9.7M140.1M217.9M131.5M
Capital Stock89K282K442K580K732K389.6K
Non Current Liabilities Other863K16.9M24.5M3.9M2.2M2.0M
Net Working Capital176.4M102.5M(61.8M)4.2M107.5M112.9M
Intangible Assets28.8M75.0M124.8M151.0M161.4M105.2M
Common Stock89K282K442K580K732K695.4K
Property Plant Equipment223.9M537.6M919.9M1.3B1.5B1.5B

Pair Trading with Netstreit Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Netstreit Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Netstreit Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Netstreit Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Netstreit Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Netstreit Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Netstreit Corp to buy it.
The correlation of Netstreit Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Netstreit Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Netstreit Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Netstreit Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Netstreit Stock Analysis

When running Netstreit Corp's price analysis, check to measure Netstreit Corp'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 Netstreit Corp is operating at the current time. Most of Netstreit Corp's value examination focuses on studying past and present price action to predict the probability of Netstreit Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netstreit Corp's price. Additionally, you may evaluate how the addition of Netstreit Corp to your portfolios can decrease your overall portfolio volatility.