NBTM Ebitda vs Ebit Analysis
600114 Stock | 16.49 0.46 2.87% |
NBTM New financial indicator trend analysis is infinitely more than just investigating NBTM New Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NBTM New Materials is a good investment. Please check the relationship between NBTM New Ebitda and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NBTM New Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ebitda vs Ebit
Ebitda vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NBTM New Materials Ebitda account and Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between NBTM New's Ebitda and Ebit is 0.36. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit in the same time period over historical financial statements of NBTM New Materials, assuming nothing else is changed. The correlation between historical values of NBTM New's Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of NBTM New Materials are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., NBTM New's Ebitda and Ebit go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Ebit
Most indicators from NBTM New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NBTM New Materials 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in NBTM New Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Selling General Administrative is expected to grow to about 114.6 M, whereas Tax Provision is forecasted to decline to about 5.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 219.0M | 285.0M | 317.7M | 178.9M | Total Revenue | 3.6B | 3.7B | 3.9B | 4.1B |
NBTM New fundamental ratios Correlations
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NBTM New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NBTM New fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.2B | 5.9B | 6.1B | 6.5B | 6.8B | 7.1B | |
Other Current Liab | 112.1M | 92.2M | 75.1M | 159.8M | 580.5K | 551.4K | |
Total Current Liabilities | 1.2B | 2.2B | 1.9B | 1.8B | 1.6B | 836.5M | |
Total Stockholder Equity | 2.6B | 2.6B | 2.6B | 2.5B | 2.5B | 1.4B | |
Retained Earnings | 846.1M | 810.4M | 742.5M | 868.8M | 794.2M | 833.9M | |
Accounts Payable | 247.6M | 436.3M | 302.3M | 464.4M | 513.2M | 538.8M | |
Cash | 351.0M | 447.6M | 365.0M | 340.9M | 257.4M | 198.6M | |
Other Assets | 119.1M | 148.9M | 157.0M | 213.9M | 246.0M | 258.3M | |
Net Receivables | 972.0M | 988.6M | 960.1M | 980.2M | 1.1B | 1.1B | |
Inventory | 464.7M | 588.1M | 755.9M | 900.1M | 909.6M | 955.1M | |
Other Current Assets | 30.2M | 41.5M | 43.6M | 19.9M | 23.8M | 20.5M | |
Total Liab | 1.3B | 2.9B | 3.2B | 3.6B | 3.9B | 4.0B | |
Intangible Assets | 279.8M | 392.4M | 384.5M | 377.0M | 381.5M | 400.6M | |
Common Stock | 645.5M | 616.5M | 616.4M | 616.4M | 708.8M | 744.3M | |
Property Plant Equipment | 1.6B | 2.3B | 2.5B | 2.7B | 3.1B | 3.3B | |
Other Liab | 67.3M | 89.7M | 106.8M | 139.2M | 160.1M | 168.1M | |
Good Will | 94.0M | 543.4M | 459.2M | 575.9M | 662.3M | 695.4M | |
Net Tangible Assets | 2.3B | 1.7B | 1.7B | 1.6B | 1.4B | 1.5B | |
Deferred Long Term Liab | 63.7M | 93.8M | 80.2M | 85.1M | 97.9M | 61.8M | |
Total Current Assets | 1.8B | 2.3B | 2.4B | 2.4B | 2.6B | 2.0B | |
Non Current Assets Total | 2.4B | 3.6B | 3.8B | 4.1B | 4.2B | 3.2B | |
Non Currrent Assets Other | 1.8B | 2.1B | 2.4B | 9.9M | 8.9M | 8.4M | |
Non Current Liabilities Total | 123.2M | 680.8M | 1.3B | 1.8B | 2.3B | 2.4B | |
Common Stock Shares Outstanding | 645.5M | 616.5M | 616.4M | 616.4M | 554.7M | 499.8M | |
Net Invested Capital | 3.4B | 4.6B | 4.7B | 4.8B | 4.4B | 4.3B | |
Net Working Capital | 612.1M | 96.2M | 496.5M | 535.2M | 1.0B | 519.8M |
Currently Active Assets on Macroaxis
Other Information on Investing in NBTM Stock
Balance Sheet is a snapshot of the financial position of NBTM New Materials at a specified time, usually calculated after every quarter, six months, or one year. NBTM New Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NBTM New and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NBTM currently owns. An asset can also be divided into two categories, current and non-current.