Netstreit Net Working Capital vs Total Assets Analysis

NTST Stock  USD 16.49  0.13  0.79%   
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 Net Working Capital and its Total Assets 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.

Net Working Capital vs Total Assets

Net Working Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netstreit Corp Net Working Capital account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Netstreit Corp's Net Working Capital and Total Assets is -0.09. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Assets 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 Net Working Capital and Total 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 Net Working Capital of Netstreit Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Working Capital i.e., Netstreit Corp's Net Working Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Working Capital

Total Assets

Total assets refers to the total amount of Netstreit Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Netstreit Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

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