NBTM Retained Earnings vs Long Term Debt 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 Retained Earnings and its Long Term Debt 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.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NBTM New Materials Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NBTM New's Retained Earnings and Long Term Debt is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt 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 Retained Earnings and Long 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 Retained Earnings of NBTM New Materials are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., NBTM New's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that NBTM New Materials has held for over one year. Long-term debt appears on NBTM New Materials balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NBTM New Materials balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

Operating Income Total Revenue

NBTM New fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.02	0.77	0.7	0.88	0.96	0.63	0.94	0.87	0.97	0.98	0.33	0.93	0.91	0.92	0.99	0.96	-0.48	0.92	-0.78	0.24	0.92	0.83	0.95	0.93	-0.8
Other Current Liab	0.02		-0.01	0.58	0.4	-0.13	0.55	-0.1	-0.3	0.08	-0.08	-0.03	-0.26	0.27	0.23	-0.09	-0.1	0.22	-0.26	-0.52	0.61	0.01	0.21	0.02	-0.09	0.28
Total Current Liabilities	0.77	-0.01		0.55	0.6	0.75	0.53	0.64	0.61	0.75	0.73	0.55	0.79	0.64	0.59	0.72	0.65	-0.5	0.76	-0.56	0.02	0.88	0.72	0.85	0.87	-0.75
Total Stockholder Equity	0.7	0.58	0.55		0.91	0.55	0.92	0.56	0.32	0.75	0.59	0.34	0.41	0.81	0.84	0.61	0.55	-0.25	0.4	-0.85	0.73	0.72	0.86	0.72	0.58	-0.27
Retained Earnings	0.88	0.4	0.6	0.91		0.78	0.82	0.79	0.58	0.91	0.81	0.29	0.66	0.92	0.96	0.82	0.79	-0.44	0.65	-0.93	0.63	0.83	0.9	0.85	0.74	-0.46
Accounts Payable	0.96	-0.13	0.75	0.55	0.78		0.49	0.94	0.91	0.92	0.96	0.21	0.96	0.84	0.83	0.97	0.97	-0.48	0.96	-0.65	0.06	0.89	0.73	0.91	0.92	-0.84
Cash	0.63	0.55	0.53	0.92	0.82	0.49		0.48	0.23	0.66	0.49	0.35	0.35	0.72	0.7	0.51	0.44	-0.16	0.36	-0.74	0.75	0.65	0.77	0.67	0.5	-0.28
Other Assets	0.94	-0.1	0.64	0.56	0.79	0.94	0.48		0.91	0.9	0.95	0.2	0.92	0.78	0.84	0.96	0.95	-0.42	0.89	-0.68	0.16	0.83	0.74	0.87	0.86	-0.75
Long Term Debt	0.87	-0.3	0.61	0.32	0.58	0.91	0.23	0.91		0.77	0.94	0.1	0.96	0.69	0.68	0.92	0.95	-0.43	0.95	-0.48	-0.15	0.76	0.58	0.81	0.88	-0.89
Net Receivables	0.97	0.08	0.75	0.75	0.91	0.92	0.66	0.9	0.77		0.93	0.35	0.86	0.91	0.95	0.94	0.91	-0.46	0.83	-0.81	0.33	0.9	0.84	0.91	0.86	-0.66
Inventory	0.98	-0.08	0.73	0.59	0.81	0.96	0.49	0.95	0.94	0.93		0.26	0.96	0.85	0.86	0.99	0.98	-0.52	0.94	-0.7	0.13	0.9	0.79	0.93	0.94	-0.82
Other Current Assets	0.33	-0.03	0.55	0.34	0.29	0.21	0.35	0.2	0.1	0.35	0.26		0.28	0.26	0.3	0.28	0.16	-0.25	0.24	-0.3	0.19	0.41	0.38	0.37	0.34	-0.24
Total Liab	0.93	-0.26	0.79	0.41	0.66	0.96	0.35	0.92	0.96	0.86	0.96	0.28		0.75	0.73	0.95	0.95	-0.5	0.99	-0.56	-0.1	0.87	0.67	0.89	0.95	-0.92
Intangible Assets	0.91	0.27	0.64	0.81	0.92	0.84	0.72	0.78	0.69	0.91	0.85	0.26	0.75		0.94	0.86	0.85	-0.38	0.76	-0.83	0.37	0.83	0.8	0.86	0.8	-0.65
Common Stock	0.92	0.23	0.59	0.84	0.96	0.83	0.7	0.84	0.68	0.95	0.86	0.3	0.73	0.94		0.89	0.86	-0.46	0.72	-0.86	0.49	0.82	0.87	0.84	0.77	-0.54
Property Plant Equipment	0.99	-0.09	0.72	0.61	0.82	0.97	0.51	0.96	0.92	0.94	0.99	0.28	0.95	0.86	0.89		0.98	-0.45	0.94	-0.71	0.14	0.88	0.77	0.91	0.92	-0.82
Other Liab	0.96	-0.1	0.65	0.55	0.79	0.97	0.44	0.95	0.95	0.91	0.98	0.16	0.95	0.85	0.86	0.98		-0.43	0.94	-0.67	0.08	0.84	0.72	0.88	0.9	-0.81
Short Term Investments	-0.48	0.22	-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		-0.52	0.39	-0.19	-0.64	-0.64	-0.57	-0.59	0.36
Good Will	0.92	-0.26	0.76	0.4	0.65	0.96	0.36	0.89	0.95	0.83	0.94	0.24	0.99	0.76	0.72	0.94	0.94	-0.52		-0.55	-0.1	0.87	0.66	0.89	0.94	-0.94
Treasury Stock	-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	-0.67	0.39	-0.55		-0.59	-0.74	-0.8	-0.75	-0.65	0.39
Net Tangible Assets	0.24	0.61	0.02	0.73	0.63	0.06	0.75	0.16	-0.15	0.33	0.13	0.19	-0.1	0.37	0.49	0.14	0.08	-0.19	-0.1	-0.59		0.26	0.57	0.27	0.05	0.28
Deferred Long Term Liab	0.92	0.01	0.88	0.72	0.83	0.89	0.65	0.83	0.76	0.9	0.9	0.41	0.87	0.83	0.82	0.88	0.84	-0.64	0.87	-0.74	0.26		0.91	0.99	0.96	-0.76
Long Term Investments	0.83	0.21	0.72	0.86	0.9	0.73	0.77	0.74	0.58	0.84	0.79	0.38	0.67	0.8	0.87	0.77	0.72	-0.64	0.66	-0.8	0.57	0.91		0.9	0.82	-0.49
Total Current Assets	0.95	0.02	0.85	0.72	0.85	0.91	0.67	0.87	0.81	0.91	0.93	0.37	0.89	0.86	0.84	0.91	0.88	-0.57	0.89	-0.75	0.27	0.99	0.9		0.96	-0.78
Non Current Assets Total	0.93	-0.09	0.87	0.58	0.74	0.92	0.5	0.86	0.88	0.86	0.94	0.34	0.95	0.8	0.77	0.92	0.9	-0.59	0.94	-0.65	0.05	0.96	0.82	0.96		-0.88
Non Currrent Assets Other	-0.8	0.28	-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	-0.81	0.36	-0.94	0.39	0.28	-0.76	-0.49	-0.78	-0.88

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NBTM New Account Relationship Matchups

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

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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.

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NBTM Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

NBTM New fundamental ratios Correlations

NBTM New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NBTM New fundamental ratios Accounts

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Other Information on Investing in NBTM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Inventory
Good Will	+ 0.99	Total Liab
Total Current Assets	+ 0.99	Deferred Long Term Liab
Inventory	+ 0.98	Total Assets
Other Liab	+ 0.98	Inventory

Non Currrent Assets Other	- 0.94	Good Will
Treasury Stock	- 0.93	Retained Earnings
Non Currrent Assets Other	- 0.92	Total Liab
Non Currrent Assets Other	- 0.89	Long Term Debt
Non Currrent Assets Other	- 0.88	Non Current Assets Total
Treasury Stock	- 0.86	Common Stock