Nahar Net Receivables vs Other Current Assets Analysis

NAHARPOLY   286.30  1.45  0.50%   
Nahar Poly financial indicator trend analysis is infinitely more than just investigating Nahar Poly Films recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nahar Poly Films is a good investment. Please check the relationship between Nahar Poly Net Receivables and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nahar Poly Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nahar Poly Films Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nahar Poly's Net Receivables and Other Current Assets is 0.42. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Nahar Poly Films, assuming nothing else is changed. The correlation between historical values of Nahar Poly's Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Nahar Poly Films are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Nahar Poly's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Nahar Poly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nahar Poly Films 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 Nahar Poly Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 4th of December 2024, Selling General Administrative is likely to grow to about 26.5 M, though Tax Provision is likely to grow to (28.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.6B487.6M807.7M
Total Revenue4.9B7.2B6.0B3.2B

Nahar Poly fundamental ratios Correlations

1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-0.07-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.00.37-0.420.0-0.60.24-0.390.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
0.070.070.070.07-0.070.070.070.070.070.070.070.070.070.070.070.070.070.07-0.080.180.080.15-0.380.070.09
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
-0.37-0.37-0.37-0.370.37-0.37-0.37-0.37-0.37-0.08-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.34-0.1-0.60.83-0.230.35
0.420.420.420.42-0.420.420.420.420.420.180.420.420.420.420.420.420.420.420.42-0.340.450.61-0.390.42-0.52
0.00.00.00.00.00.00.00.00.00.080.00.00.00.00.00.00.00.00.0-0.10.450.3-0.320.42-0.73
0.60.60.60.6-0.60.60.60.60.60.150.60.60.60.60.60.60.60.60.6-0.60.610.3-0.490.8-0.58
-0.24-0.24-0.24-0.240.24-0.24-0.24-0.24-0.24-0.38-0.24-0.24-0.24-0.24-0.24-0.24-0.24-0.24-0.240.83-0.39-0.32-0.49-0.260.4
0.390.390.390.39-0.390.390.390.390.390.070.390.390.390.390.390.390.390.390.39-0.230.420.420.8-0.26-0.54
-0.29-0.29-0.29-0.290.29-0.29-0.29-0.29-0.290.09-0.29-0.29-0.29-0.29-0.29-0.29-0.29-0.29-0.290.35-0.52-0.73-0.580.4-0.54
Click cells to compare fundamentals

Nahar Poly Account Relationship Matchups

Nahar Poly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B6.5B11.4B9.8B9.6B9.1B
Other Current Liab37.0M598.2M77.9M69.8M128.4M122.0M
Total Current Liabilities131.0M850.4M538.1M657.0M490.5M466.0M
Total Stockholder Equity3.9B5.3B9.1B7.8B8.0B7.6B
Net Debt32.4M574.5M1.7B1.6B1.3B1.2B
Cash3.5M9.4M6.2M757K269K255.6K
Non Current Assets Total3.3B5.7B10.1B8.4B8.5B8.0B
Non Currrent Assets Other(2K)(5.7B)(10.1B)(8.3B)114.7M108.9M
Cash And Short Term Investments3.8M9.7M6.2M485.6M255.8M243.0M
Liabilities And Stockholders Equity4.0B6.5B11.4B9.8B9.6B9.1B
Other Current Assets433.4M513.6M407.7M266.8M176.1M167.3M
Total Liab137.4M1.3B2.3B2.0B1.6B1.5B
Total Current Assets723.4M842.2M1.3B1.4B1.1B1.1B
Short Long Term Debt Total35.9M584.0M1.7B1.6B1.3B1.2B
Property Plant And Equipment Net496.1M2.0B2.9B2.7B2.4B2.3B
Non Current Liabilities Total6.4M428.0M1.8B1.3B1.1B1.1B
Inventory193.4M206.0M620.6M497.5M443.2M421.0M
Accumulated Other Comprehensive Income(1.4B)2.5B3.2B3.4B7.9B8.3B
Accounts Payable42.1M62.2M87.4M109.1M109.4M65.9M
Net Receivables93.1M113.0M283.6M256.2M250.7M211.8M
Short Term Debt7.0M125.9M184.8M333.2M252.7M204.6M
Retained Earnings1.3B2.2B5.3B3.8B4.0B4.2B
Short Term Investments263K279K74K484.8M255.6M150.4M
Net Tangible Assets3.9B5.3B9.1B7.8B9.0B5.0B
Other Assets31.0M25.6M32.5M73.3M1.00.95
Short Long Term Debt29.5M127.4M278.8M405.6M252.7M223.7M
Property Plant Equipment496.1M2.0B2.9B2.7B3.1B3.3B
Current Deferred Revenue45.5M32.6M28.2M17.9M20.6M32.5M
Cash And Equivalents10.0M3.5M12.6M10.0M11.5M7.9M
Net Invested Capital3.9B5.8B10.9B9.4B9.2B7.5B
Net Working Capital592.4M(8.1M)780.0M768.9M635.3M538.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Nahar Stock

Balance Sheet is a snapshot of the financial position of Nahar Poly Films at a specified time, usually calculated after every quarter, six months, or one year. Nahar Poly Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nahar Poly 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 Nahar currently owns. An asset can also be divided into two categories, current and non-current.