Nathans Common Stock vs Total Current Assets Analysis
NATH Stock | USD 87.50 0.42 0.48% |
Nathans Famous financial indicator trend analysis is infinitely more than just investigating Nathans Famous recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nathans Famous is a good investment. Please check the relationship between Nathans Famous Common Stock and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nathans Famous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.
Common Stock vs Total Current Assets
Common Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nathans Famous Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nathans Famous' Common Stock and Total Current Assets is 0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Nathans Famous, assuming nothing else is changed. The correlation between historical values of Nathans Famous' Common Stock and Total 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 Common Stock of Nathans Famous are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Nathans Famous' Common Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Nathans Famous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nathans Famous 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 Nathans Famous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.The Nathans Famous' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Selling General Administrative is projected to decrease to under 11 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 44.1M | 49.6M | 49.3M | 25.1M | Total Revenue | 114.9M | 130.8M | 138.6M | 145.5M |
Nathans Famous fundamental ratios Correlations
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Nathans Famous Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nathans Famous fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 105.3M | 108.8M | 78.5M | 58.6M | 48.9M | 59.2M | |
Short Long Term Debt Total | 156.3M | 156.2M | 116.5M | 86.2M | 66.4M | 65.1M | |
Other Current Liab | 8.7M | 6.8M | 6.2M | 6.6M | 6.0M | 4.1M | |
Total Current Liabilities | 14.6M | 14.6M | 16.4M | 16.7M | 15.6M | 11.2M | |
Total Stockholder Equity | (66.4M) | (62.5M) | (55.0M) | (44.6M) | (32.9M) | (31.3M) | |
Property Plant And Equipment Net | 13.8M | 12.4M | 11.2M | 9.7M | 8.9M | 8.3M | |
Net Debt | 79.1M | 75.2M | 66.5M | 56.4M | 45.4M | 47.6M | |
Retained Earnings | (45.4M) | (40.0M) | (32.6M) | (20.6M) | (9.3M) | (9.8M) | |
Accounts Payable | 3.5M | 4.0M | 6.4M | 6.5M | 5.7M | 3.4M | |
Cash | 77.1M | 81.1M | 50.1M | 29.9M | 21.0M | 24.1M | |
Non Current Assets Total | 15.5M | 14.1M | 13.1M | 11.2M | 10.1M | 11.6M | |
Non Currrent Assets Other | 343K | 328K | 195K | 168K | 141K | 134.0K | |
Cash And Short Term Investments | 77.1M | 81.1M | 50.1M | 29.9M | 21.0M | 31.8M | |
Net Receivables | 11.2M | 11.7M | 13.4M | 15.1M | 14.7M | 15.5M | |
Common Stock Shares Outstanding | 4.2M | 4.1M | 4.1M | 4.1M | 4.1M | 4.1M | |
Liabilities And Stockholders Equity | 105.3M | 108.8M | 78.5M | 58.6M | 48.9M | 59.2M | |
Non Current Liabilities Total | 157.1M | 156.7M | 117.1M | 86.5M | 66.2M | 46.8M | |
Inventory | 378K | 624K | 522K | 539K | 842K | 690.6K | |
Other Current Assets | 474K | 1.3M | 1.4M | 1.9M | 2.2M | 1.9M | |
Other Stockholder Equity | (21.1M) | (22.5M) | (22.5M) | (24.1M) | (23.7M) | (22.5M) | |
Total Liab | 171.7M | 171.3M | 133.5M | 103.2M | 81.8M | 58.0M | |
Total Current Assets | 89.8M | 94.7M | 65.4M | 47.4M | 38.8M | 43.2M | |
Short Term Debt | 1.6M | 3.7M | 3.7M | 3.6M | 3.8M | 3.1M | |
Intangible Assets | 1.3M | 1.2M | 1.0M | 869K | 695K | 660.3K | |
Property Plant And Equipment Gross | 13.8M | 12.4M | 21.5M | 20.6M | 20.6M | 21.6M | |
Other Liab | 4.1M | 2.4M | 2.3M | 2.4M | 2.8M | 2.3M | |
Other Assets | 343K | 466K | 777K | 1.0 | 0.9 | 0.86 | |
Long Term Debt | 146.1M | 146.8M | 108.2M | 79.0M | 59.6M | 67.6M | |
Property Plant Equipment | 4.6M | 4.1M | 3.8M | 3.3M | 3.0M | 5.1M | |
Current Deferred Revenue | 797K | 841K | 876K | 1.4M | (226K) | (214.7K) | |
Net Tangible Assets | (67.7M) | (62.6M) | (56.1M) | (45.5M) | (41.0M) | (43.0M) | |
Retained Earnings Total Equity | (45.4M) | (40.0M) | (32.6M) | (20.6M) | (18.5M) | (19.4M) | |
Capital Surpluse | 62.1M | 62.2M | 62.3M | 62.6M | 71.9M | 65.8M |
Currently Active Assets on Macroaxis
When determining whether Nathans Famous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nathans Famous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nathans Famous Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nathans Famous Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nathans Famous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nathans Famous. If investors know Nathans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nathans Famous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.05 | Dividend Share 2 | Earnings Share 5.34 | Revenue Per Share 35.204 | Quarterly Revenue Growth 0.061 |
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nathans Famous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nathans Famous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nathans Famous' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.