Netstreit Total Assets vs Short Term Debt 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 Total Assets and its Short Term Debt 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.

Total Assets vs Short Term Debt

Total Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netstreit Corp Total Assets account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Netstreit Corp's Total Assets and Short Term Debt is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt 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 Total Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Netstreit Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Assets i.e., Netstreit Corp's Total Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Short Term Debt

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 Profit	53.3M	84.6M	108.1M	58.3M
Total Revenue	59.1M	96.3M	123.1M	65.2M

Gross Profit Total Revenue

Netstreit Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Non Current Liabilities Other	Net Working Capital
Total Assets		0.9	0.94	0.95	0.99	0.94	0.94	0.73	0.76	0.18	1.0	0.98	0.94	0.76	0.18	0.78	0.96	0.81	0.93	-0.58	1.0	0.91	1.0	0.64	0.3	-0.09
Short Long Term Debt Total	0.9		0.88	0.87	0.85	0.79	0.78	0.84	0.72	-0.06	0.89	0.9	0.8	0.96	-0.06	0.8	0.96	0.98	0.87	-0.35	0.86	1.0	0.91	0.63	-0.09	-0.06
Other Current Liab	0.94	0.88		0.99	0.93	0.86	0.87	0.74	0.61	-0.01	0.95	0.95	0.88	0.72	-0.01	0.68	0.95	0.76	0.79	-0.35	0.93	0.89	0.94	0.41	0.3	-0.36
Total Current Liabilities	0.95	0.87	0.99		0.95	0.89	0.89	0.71	0.62	0.11	0.97	0.96	0.9	0.7	0.11	0.67	0.94	0.75	0.85	-0.39	0.95	0.88	0.96	0.48	0.31	-0.31
Total Stockholder Equity	0.99	0.85	0.93	0.95		0.95	0.95	0.68	0.73	0.2	0.99	0.98	0.95	0.69	0.2	0.75	0.93	0.75	0.91	-0.59	1.0	0.86	0.99	0.59	0.41	-0.14
Other Liab	0.94	0.79	0.86	0.89	0.95		1.0	0.79	0.85	0.16	0.94	0.92	1.0	0.64	0.16	0.87	0.87	0.69	0.87	-0.65	0.94	0.8	0.93	0.58	0.34	-0.03
Net Tangible Assets	0.94	0.78	0.87	0.89	0.95	1.0		0.78	0.85	0.18	0.94	0.92	1.0	0.63	0.18	0.86	0.88	0.69	0.86	-0.66	0.95	0.8	0.94	0.58	0.34	-0.04
Net Debt	0.73	0.84	0.74	0.71	0.68	0.79	0.78		0.8	-0.35	0.73	0.76	0.8	0.82	-0.35	0.9	0.81	0.84	0.67	-0.28	0.69	0.84	0.74	0.39	-0.14	-0.08
Accounts Payable	0.76	0.72	0.61	0.62	0.73	0.85	0.85	0.8		0.15	0.73	0.7	0.84	0.69	0.15	0.98	0.77	0.72	0.73	-0.79	0.74	0.73	0.75	0.75	-0.04	0.39
Cash	0.18	-0.06	-0.01	0.11	0.2	0.16	0.18	-0.35	0.15		0.13	0.02	0.13	-0.16	1.0	-0.01	0.03	-0.13	0.28	-0.63	0.19	-0.05	0.14	0.6	0.16	0.53
Non Current Assets Total	1.0	0.89	0.95	0.97	0.99	0.94	0.94	0.73	0.73	0.13		0.99	0.94	0.74	0.13	0.76	0.96	0.79	0.91	-0.53	1.0	0.9	1.0	0.57	0.35	-0.17
Non Currrent Assets Other	0.98	0.9	0.95	0.96	0.98	0.92	0.92	0.76	0.7	0.02	0.99		0.93	0.76	0.02	0.75	0.95	0.81	0.9	-0.44	0.98	0.91	0.99	0.5	0.35	-0.24
Other Assets	0.94	0.8	0.88	0.9	0.95	1.0	1.0	0.8	0.84	0.13	0.94	0.93		0.64	0.13	0.86	0.88	0.7	0.86	-0.62	0.95	0.81	0.94	0.55	0.34	-0.07
Long Term Debt	0.76	0.96	0.72	0.7	0.69	0.64	0.63	0.82	0.69	-0.16	0.74	0.76	0.64		-0.16	0.77	0.86	1.0	0.78	-0.28	0.7	0.95	0.78	0.64	-0.3	0.08
Cash And Short Term Investments	0.18	-0.06	-0.01	0.11	0.2	0.16	0.18	-0.35	0.15	1.0	0.13	0.02	0.13	-0.16		-0.01	0.03	-0.13	0.28	-0.63	0.19	-0.05	0.14	0.6	0.16	0.53
Net Receivables	0.78	0.8	0.68	0.67	0.75	0.87	0.86	0.9	0.98	-0.01	0.76	0.75	0.86	0.77	-0.01		0.81	0.79	0.74	-0.66	0.75	0.8	0.78	0.67	-0.09	0.26
Common Stock Shares Outstanding	0.96	0.96	0.95	0.94	0.93	0.87	0.88	0.81	0.77	0.03	0.96	0.95	0.88	0.86	0.03	0.81		0.9	0.85	-0.49	0.94	0.96	0.97	0.62	0.13	-0.11
Non Current Liabilities Total	0.81	0.98	0.76	0.75	0.75	0.69	0.69	0.84	0.72	-0.13	0.79	0.81	0.7	1.0	-0.13	0.79	0.9		0.82	-0.32	0.76	0.97	0.83	0.65	-0.23	0.06
Capital Lease Obligations	0.93	0.87	0.79	0.85	0.91	0.87	0.86	0.67	0.73	0.28	0.91	0.9	0.86	0.78	0.28	0.74	0.85	0.82		-0.54	0.91	0.88	0.93	0.74	0.14	0.08
Other Current Assets	-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
Other Stockholder Equity	1.0	0.86	0.93	0.95	1.0	0.94	0.95	0.69	0.74	0.19	1.0	0.98	0.95	0.7	0.19	0.75	0.94	0.76	0.91	-0.59		0.87	0.99	0.6	0.39	-0.13
Total Liab	0.91	1.0	0.89	0.88	0.86	0.8	0.8	0.84	0.73	-0.05	0.9	0.91	0.81	0.95	-0.05	0.8	0.96	0.97	0.88	-0.36	0.87		0.92	0.63	-0.06	-0.06
Net Invested Capital	1.0	0.91	0.94	0.96	0.99	0.93	0.94	0.74	0.75	0.14	1.0	0.99	0.94	0.78	0.14	0.78	0.97	0.83	0.93	-0.54	0.99	0.92		0.62	0.29	-0.12
Total Current Assets	0.64	0.63	0.41	0.48	0.59	0.58	0.58	0.39	0.75	0.6	0.57	0.5	0.55	0.64	0.6	0.67	0.62	0.65	0.74	-0.79	0.6	0.63	0.62		-0.23	0.67
Non Current Liabilities Other	0.3	-0.09	0.3	0.31	0.41	0.34	0.34	-0.14	-0.04	0.16	0.35	0.35	0.34	-0.3	0.16	-0.09	0.13	-0.23	0.14	-0.22	0.39	-0.06	0.29	-0.23		-0.48
Net Working Capital	-0.09	-0.06	-0.36	-0.31	-0.14	-0.03	-0.04	-0.08	0.39	0.53	-0.17	-0.24	-0.07	0.08	0.53	0.26	-0.11	0.06	0.08	-0.6	-0.13	-0.06	-0.12	0.67	-0.48

Click cells to compare fundamentals

Netstreit Corp Account Relationship Matchups

Netstreit Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	433.9M	725.8M	1.1B	1.6B	1.9B	1.1B
Short Long Term Debt Total	178.6M	191.0M	261.6M	524.3M	640.3M	374.5M
Other Current Liab	877K	399K	14.6M	18.6M	18.6M	10.2M
Total Current Liabilities	2.0M	6.7M	81.0M	135.9M	110.4M	62.1M
Total Stockholder Equity	164.5M	494.1M	779.2M	1.0B	1.3B	703.0M
Other Liab	5.8M	18.7M	24.2M	33.9M	39.0M	41.0M
Net Tangible Assets	135.7M	419.1M	654.4M	897.8M	1.0B	1.1B
Net Debt	9.3M	98.4M	254.0M	453.8M	621.8M	652.9M
Retained Earnings	28K	(7.5M)	(35.1M)	(66.9M)	(112.3M)	(106.7M)
Accounts Payable	1.2M	916K	419K	1.4M	4.7M	4.9M
Cash	169.3M	92.6M	7.6M	70.5M	18.4M	17.5M
Non Current Assets Total	254.3M	618.4M	1.1B	1.5B	1.7B	989.3M
Non Currrent Assets Other	1.6M	543.3M	927.7M	1.3B	1.6B	839.7M
Other Assets	1.6M	558.1M	936.1M	1.3B	1.5B	1.6B
Long Term Debt	173.9M	174.1M	174.3M	381.2M	529.8M	307.4M
Cash And Short Term Investments	169.3M	92.6M	7.6M	70.5M	18.4M	17.5M
Net Receivables	640K	2.9M	5.1M	46.4M	133.7M	140.4M
Liabilities And Stockholders Equity	433.9M	725.8M	1.1B	1.6B	1.9B	1.1B
Non Current Liabilities Total	179.4M	191.0M	197.6M	411.3M	562.4M	328.1M
Capital Lease Obligations	4.7M	16.9M	5.4M	30.1M	30.5M	16.7M
Other Current Assets	(169.9M)	(95.5M)	(12.7M)	32.0M	(163.6M)	(155.4M)
Other Stockholder Equity	164.4M	501.0M	809.7M	1.1B	1.4B	736.4M
Total Liab	181.5M	197.7M	278.6M	547.3M	672.8M	390.2M
Net Invested Capital	338.4M	668.2M	1.0B	1.5B	1.9B	1.1B
Total Current Assets	179.6M	107.4M	9.7M	140.1M	217.9M	131.5M
Capital Stock	89K	282K	442K	580K	732K	389.6K
Non Current Liabilities Other	863K	16.9M	24.5M	3.9M	2.2M	2.0M
Net Working Capital	176.4M	102.5M	(61.8M)	4.2M	107.5M	112.9M
Intangible Assets	28.8M	75.0M	124.8M	151.0M	161.4M	105.2M
Common Stock	89K	282K	442K	580K	732K	695.4K
Property Plant Equipment	223.9M	537.6M	919.9M	1.3B	1.5B	1.5B

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 Correlation Correlation 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Netstreit Total Assets vs Short Term Debt Analysis

Total Assets vs Short Term Debt

Total Assets vs Short Term Debt Correlation Analysis

Correlation Coefficient

Total Assets

Short Term Debt

Netstreit Corp fundamental ratios Correlations

Netstreit Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Netstreit Corp fundamental ratios Accounts

Pair Trading with Netstreit Corp

Additional Tools for Netstreit Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Other Liab

Total Current Assets	- 0.79	Other Current Assets
Other Current Assets	- 0.79	Accounts Payable
Other Current Assets	- 0.66	Net Receivables
Other Current Assets	- 0.66	Net Tangible Assets
Other Current Assets	- 0.65	Other Liab
Other Current Assets	- 0.63	Cash And Short Term Investments