NetSol Depreciation vs Change To Inventory Analysis

NTWK Stock  USD 2.55  0.01  0.39%   
NetSol Technologies financial indicator trend analysis is infinitely more than just investigating NetSol Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSol Technologies is a good investment. Please check the relationship between NetSol Technologies Depreciation and its Change To Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.

Depreciation vs Change To Inventory

Depreciation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetSol Technologies Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NetSol Technologies' Depreciation and Change To Inventory is 0.12. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of NetSol Technologies, assuming nothing else is changed. The correlation between historical values of NetSol Technologies' Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of NetSol Technologies are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., NetSol Technologies' Depreciation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of NetSol Technologies value has been used up. For tax purposes NetSol Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, NetSol Technologies must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from NetSol Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetSol Technologies 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 NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.52 this year, although Enterprise Value Over EBITDA will most likely fall to (2.89).
 2021 2022 2023 2024 (projected)
Gross Profit23.7M16.9M19.5M17.6M
Total Revenue57.2M52.4M60.3M37.4M

NetSol Technologies fundamental ratios Correlations

0.550.450.540.99-0.2-0.590.830.170.550.930.570.540.620.790.470.60.30.240.640.670.460.310.120.380.29
0.550.510.760.48-0.46-0.550.160.340.590.680.820.970.650.10.220.460.550.140.170.77-0.240.730.360.210.72
0.450.510.860.36-0.68-0.860.030.210.950.620.830.60.860.080.480.67-0.17-0.290.330.77-0.50.640.12-0.520.63
0.540.760.860.44-0.68-0.820.040.290.850.710.990.830.950.080.270.710.05-0.130.380.91-0.410.810.23-0.270.8
0.990.480.360.44-0.13-0.510.870.130.480.90.470.450.540.820.440.560.320.240.620.610.530.230.120.420.21
-0.2-0.46-0.68-0.68-0.130.530.210.03-0.6-0.47-0.64-0.58-0.620.08-0.16-0.340.220.46-0.1-0.630.55-0.92-0.020.51-0.92
-0.59-0.55-0.86-0.82-0.510.53-0.29-0.16-0.9-0.71-0.82-0.59-0.87-0.35-0.6-0.51-0.060.04-0.61-0.670.24-0.530.030.23-0.51
0.830.160.030.040.870.21-0.29-0.020.150.620.080.10.160.960.510.150.280.380.650.140.82-0.16-0.060.59-0.18
0.170.340.210.290.130.03-0.16-0.020.130.180.260.440.17-0.16-0.040.41-0.170.1-0.140.33-0.120.120.49-0.180.11
0.550.590.950.850.48-0.6-0.90.150.130.70.850.630.910.20.50.680.06-0.290.450.77-0.420.610.1-0.350.59
0.930.680.620.710.9-0.47-0.710.620.180.70.730.690.770.630.460.660.260.070.60.810.170.570.230.160.55
0.570.820.830.990.47-0.64-0.820.080.260.850.730.860.950.10.280.690.19-0.060.380.91-0.390.80.23-0.160.78
0.540.970.60.830.45-0.58-0.590.10.440.630.690.860.710.070.210.520.330.020.170.82-0.310.820.40.020.81
0.620.650.860.950.54-0.62-0.870.160.170.910.770.950.710.210.270.760.07-0.20.540.88-0.320.710.13-0.250.69
0.790.10.080.080.820.08-0.350.96-0.160.20.630.10.070.210.540.10.160.220.740.120.76-0.08-0.120.46-0.1
0.470.220.480.270.44-0.16-0.60.51-0.040.50.460.280.210.270.540.070.10.150.390.160.10.090.010.020.07
0.60.460.670.710.56-0.34-0.510.150.410.680.660.690.520.760.10.07-0.02-0.210.220.86-0.190.420.39-0.220.41
0.30.55-0.170.050.320.22-0.060.28-0.170.060.260.190.330.070.160.1-0.020.490.070.160.190.020.050.780.01
0.240.14-0.29-0.130.240.460.040.380.1-0.290.07-0.060.02-0.20.220.15-0.210.490.07-0.070.51-0.29-0.160.72-0.3
0.640.170.330.380.62-0.1-0.610.65-0.140.450.60.380.170.540.740.390.220.070.070.270.390.12-0.340.150.09
0.670.770.770.910.61-0.63-0.670.140.330.770.810.910.820.880.120.160.860.16-0.070.27-0.270.770.28-0.110.75
0.46-0.24-0.5-0.410.530.550.240.82-0.12-0.420.17-0.39-0.31-0.320.760.1-0.190.190.510.39-0.27-0.5-0.180.72-0.52
0.310.730.640.810.23-0.92-0.53-0.160.120.610.570.80.820.71-0.080.090.420.02-0.290.120.77-0.50.19-0.291.0
0.120.360.120.230.12-0.020.03-0.060.490.10.230.230.40.13-0.120.010.390.05-0.16-0.340.28-0.180.19-0.080.19
0.380.21-0.52-0.270.420.510.230.59-0.18-0.350.16-0.160.02-0.250.460.02-0.220.780.720.15-0.110.72-0.29-0.08-0.3
0.290.720.630.80.21-0.92-0.51-0.180.110.590.550.780.810.69-0.10.070.410.01-0.30.090.75-0.521.00.19-0.3
Click cells to compare fundamentals

NetSol Technologies Account Relationship Matchups

NetSol Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets88.5M86.6M72.6M58.4M67.1M65.3M
Short Long Term Debt Total13.1M13.5M10.0M7.1M8.2M7.4M
Other Current Liab4.4M5.6M5.6M5.4M6.3M6.6M
Total Current Liabilities20.1M23.5M20.8M20.8M23.9M14.3M
Total Stockholder Equity59.0M54.7M45.4M33.8M38.9M41.9M
Net Debt(7.0M)(20.2M)(13.9M)(8.4M)(7.6M)(7.2M)
Retained Earnings(34.3M)(38.8M)(39.7M)(44.9M)(40.4M)(42.4M)
Non Current Assets Total36.6M31.0M23.2M16.8M19.3M34.4M
Non Currrent Assets Other42.0K55.1K879.1K6.9K6.2K5.9K
Common Stock Shares Outstanding11.8M11.5M11.3M11.3M13.0M13.6M
Liabilities And Stockholders Equity88.5M86.6M72.6M58.4M67.1M65.3M
Other Stockholder Equity127.2M125.2M124.3M78.6M90.4M87.6M
Total Liab23.0M24.7M21.8M21.6M24.8M15.9M
Short Term Debt10.3M12.2M9.1M6.3M7.2M5.9M
Common Stock121.2K121.8K122.0K122.9K141.3K88.9K
Property Plant And Equipment Net13.7M13.4M10.4M7.3M8.4M12.6M
Accounts Payable1.4M1.1M1.2M1.1M1.0M1.8M
Net Receivables29.9M19.0M23.3M24.2M27.8M17.3M
Non Current Liabilities Total2.9M1.3M923.5K828.4K745.6K1.2M
Other Current Assets163.2K223.6K285.1K196.4K225.9K214.6K
Property Plant And Equipment Gross13.7M13.4M24.4M18.7M21.5M13.6M
Total Current Assets51.9M55.6M49.4M41.6M47.8M32.1M
Accumulated Other Comprehensive Income(34.1M)(31.9M)(39.4M)(46.0M)(41.4M)(39.3M)
Intangible Assets5.4M3.9M1.6M127.9K147.1K139.8K
Cash20.2M33.7M24.0M15.5M17.9M10.6M
Other Assets5.6M1.0M879.1K6.9K8.0K7.6K
Long Term Debt67.1K1.4M594.1K12.9K11.6K11.0K
Cash And Short Term Investments20.2M33.7M24.0M15.5M17.9M10.7M
Common Stock Total Equity117.1K119.1K121.2K121.8K140.1K88.3K
Property Plant Equipment13.7M13.4M10.4M7.3M8.4M13.1M
Inventory1.7M2.6M1.9M1.7M1.9M2.1M
Current Deferred Revenue4.1M4.6M4.9M7.9M9.1M9.6M
Net Tangible Assets44.1M41.2M34.5M24.4M28.0M37.1M

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Additional Information and Resources on Investing in NetSol Stock

When determining whether NetSol Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetSol Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netsol Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Netsol Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Application Software 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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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
(0.87)
Earnings Share
(0.38)
Revenue Per Share
5.173
Quarterly Revenue Growth
0.145
Return On Assets
(0)
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.