NBTM Property Plant Equipment vs Selling General Administrative Analysis

600114 Stock   16.13  0.36  2.18%   
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 Property Plant Equipment and its Selling General Administrative 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.

Property Plant Equipment vs Selling General Administrative

Property Plant Equipment vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NBTM New Materials Property Plant Equipment account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NBTM New's Property Plant Equipment and Selling General Administrative is -0.12. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Selling General Administrative 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 Property Plant Equipment and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of NBTM New Materials are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Property Plant Equipment i.e., NBTM New's Property Plant Equipment and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Selling General Administrative

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 Income219.0M285.0M317.7M178.9M
Total Revenue3.6B3.7B3.9B4.1B

NBTM New fundamental ratios Correlations

0.020.770.70.880.960.630.940.870.970.980.330.930.910.920.990.96-0.480.92-0.780.240.920.830.950.93-0.8
0.02-0.010.580.4-0.130.55-0.1-0.30.08-0.08-0.03-0.260.270.23-0.09-0.10.22-0.26-0.520.610.010.210.02-0.090.28
0.77-0.010.550.60.750.530.640.610.750.730.550.790.640.590.720.65-0.50.76-0.560.020.880.720.850.87-0.75
0.70.580.550.910.550.920.560.320.750.590.340.410.810.840.610.55-0.250.4-0.850.730.720.860.720.58-0.27
0.880.40.60.910.780.820.790.580.910.810.290.660.920.960.820.79-0.440.65-0.930.630.830.90.850.74-0.46
0.96-0.130.750.550.780.490.940.910.920.960.210.960.840.830.970.97-0.480.96-0.650.060.890.730.910.92-0.84
0.630.550.530.920.820.490.480.230.660.490.350.350.720.70.510.44-0.160.36-0.740.750.650.770.670.5-0.28
0.94-0.10.640.560.790.940.480.910.90.950.20.920.780.840.960.95-0.420.89-0.680.160.830.740.870.86-0.75
0.87-0.30.610.320.580.910.230.910.770.940.10.960.690.680.920.95-0.430.95-0.48-0.150.760.580.810.88-0.89
0.970.080.750.750.910.920.660.90.770.930.350.860.910.950.940.91-0.460.83-0.810.330.90.840.910.86-0.66
0.98-0.080.730.590.810.960.490.950.940.930.260.960.850.860.990.98-0.520.94-0.70.130.90.790.930.94-0.82
0.33-0.030.550.340.290.210.350.20.10.350.260.280.260.30.280.16-0.250.24-0.30.190.410.380.370.34-0.24
0.93-0.260.790.410.660.960.350.920.960.860.960.280.750.730.950.95-0.50.99-0.56-0.10.870.670.890.95-0.92
0.910.270.640.810.920.840.720.780.690.910.850.260.750.940.860.85-0.380.76-0.830.370.830.80.860.8-0.65
0.920.230.590.840.960.830.70.840.680.950.860.30.730.940.890.86-0.460.72-0.860.490.820.870.840.77-0.54
0.99-0.090.720.610.820.970.510.960.920.940.990.280.950.860.890.98-0.450.94-0.710.140.880.770.910.92-0.82
0.96-0.10.650.550.790.970.440.950.950.910.980.160.950.850.860.98-0.430.94-0.670.080.840.720.880.9-0.81
-0.480.22-0.5-0.25-0.44-0.48-0.16-0.42-0.43-0.46-0.52-0.25-0.5-0.38-0.46-0.45-0.43-0.520.39-0.19-0.64-0.64-0.57-0.590.36
0.92-0.260.760.40.650.960.360.890.950.830.940.240.990.760.720.940.94-0.52-0.55-0.10.870.660.890.94-0.94
-0.78-0.52-0.56-0.85-0.93-0.65-0.74-0.68-0.48-0.81-0.7-0.3-0.56-0.83-0.86-0.71-0.670.39-0.55-0.59-0.74-0.8-0.75-0.650.39
0.240.610.020.730.630.060.750.16-0.150.330.130.19-0.10.370.490.140.08-0.19-0.1-0.590.260.570.270.050.28
0.920.010.880.720.830.890.650.830.760.90.90.410.870.830.820.880.84-0.640.87-0.740.260.910.990.96-0.76
0.830.210.720.860.90.730.770.740.580.840.790.380.670.80.870.770.72-0.640.66-0.80.570.910.90.82-0.49
0.950.020.850.720.850.910.670.870.810.910.930.370.890.860.840.910.88-0.570.89-0.750.270.990.90.96-0.78
0.93-0.090.870.580.740.920.50.860.880.860.940.340.950.80.770.920.9-0.590.94-0.650.050.960.820.96-0.88
-0.80.28-0.75-0.27-0.46-0.84-0.28-0.75-0.89-0.66-0.82-0.24-0.92-0.65-0.54-0.82-0.810.36-0.940.390.28-0.76-0.49-0.78-0.88
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NBTM New Account Relationship Matchups

NBTM New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B5.9B6.1B6.5B6.8B7.1B
Other Current Liab112.1M92.2M75.1M159.8M580.5K551.4K
Total Current Liabilities1.2B2.2B1.9B1.8B1.6B836.5M
Total Stockholder Equity2.6B2.6B2.6B2.5B2.5B1.4B
Retained Earnings846.1M810.4M742.5M868.8M794.2M833.9M
Accounts Payable247.6M436.3M302.3M464.4M513.2M538.8M
Cash351.0M447.6M365.0M340.9M257.4M198.6M
Other Assets119.1M148.9M157.0M213.9M246.0M258.3M
Net Receivables972.0M988.6M960.1M980.2M1.1B1.1B
Inventory464.7M588.1M755.9M900.1M909.6M955.1M
Other Current Assets30.2M41.5M43.6M19.9M23.8M20.5M
Total Liab1.3B2.9B3.2B3.6B3.9B4.0B
Intangible Assets279.8M392.4M384.5M377.0M381.5M400.6M
Common Stock645.5M616.5M616.4M616.4M708.8M744.3M
Property Plant Equipment1.6B2.3B2.5B2.7B3.1B3.3B
Other Liab67.3M89.7M106.8M139.2M160.1M168.1M
Good Will94.0M543.4M459.2M575.9M662.3M695.4M
Net Tangible Assets2.3B1.7B1.7B1.6B1.4B1.5B
Deferred Long Term Liab63.7M93.8M80.2M85.1M97.9M61.8M
Total Current Assets1.8B2.3B2.4B2.4B2.6B2.0B
Non Current Assets Total2.4B3.6B3.8B4.1B4.2B3.2B
Non Currrent Assets Other1.8B2.1B2.4B9.9M8.9M8.4M
Non Current Liabilities Total123.2M680.8M1.3B1.8B2.3B2.4B
Common Stock Shares Outstanding645.5M616.5M616.4M616.4M554.7M499.8M
Net Invested Capital3.4B4.6B4.7B4.8B4.4B4.3B
Net Working Capital612.1M96.2M496.5M535.2M1.0B519.8M

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.