Nahar Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nahar Poly Films Retained Earnings account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nahar Poly's Retained Earnings and Cash is -0.24. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash 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 Nahar Poly Films are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Nahar Poly's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Cash

Cash refers to the most liquid asset of Nahar Poly Films, which is listed under current asset account on Nahar Poly Films balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nahar Poly customers. The amounts must be unrestricted with restricted cash listed in a different Nahar Poly account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.