NTG Historical Balance Sheet
NCI Stock | CAD 1.57 0.02 1.29% |
Trend analysis of NTG Clarity Networks balance sheet accounts such as Total Current Liabilities of 5.3 M provides information on NTG Clarity's total assets, liabilities, and equity, which is the actual value of NTG Clarity Networks to its prevalent stockholders. By breaking down trends over time using NTG Clarity balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NTG Clarity Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NTG Clarity Networks is a good buy for the upcoming year.
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About NTG Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NTG Clarity Networks at a specified time, usually calculated after every quarter, six months, or one year. NTG Clarity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NTG Clarity 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 NTG currently owns. An asset can also be divided into two categories, current and non-current.
NTG Clarity Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NTG Clarity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NTG Clarity Networks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on NTG Clarity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NTG Clarity Networks are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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.Accounts Payable
An accounting item on the balance sheet that represents NTG Clarity obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NTG Clarity Networks are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from NTG Clarity's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NTG Clarity Networks current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NTG Clarity Networks. 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. At this time, NTG Clarity's Total Liabilities is fairly stable compared to the past year. Short Term Debt is likely to climb to about 2.3 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.9M | 8.0M | 8.8M | 9.2M | Total Assets | 6.5M | 8.2M | 12.4M | 7.0M |
NTG Clarity balance sheet Correlations
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NTG Clarity balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8M | 3.2M | 6.5M | 8.2M | 12.4M | 7.0M | |
Short Long Term Debt Total | 7.1M | 8.4M | 7.9M | 8.0M | 8.8M | 9.2M | |
Other Current Liab | 3.6M | 3.4M | 4.4M | 5.5M | 2.8M | 1.6M | |
Total Current Liabilities | 7.1M | 8.5M | 7.8M | 8.3M | 8.9M | 5.3M | |
Total Stockholder Equity | (12.1M) | (12.5M) | (7.9M) | (6.8M) | (3.2M) | (3.1M) | |
Property Plant And Equipment Net | 179.2K | 158.0K | 283.8K | 251.3K | 935.5K | 982.3K | |
Net Debt | 7.1M | 8.3M | 7.7M | 7.2M | 8.4M | 8.9M | |
Retained Earnings | (23.2M) | (24.8M) | (23.4M) | (22.2M) | (20.5M) | (19.4M) | |
Accounts Payable | 3.5M | 3.7M | 2.2M | 1.5M | 4.0M | 4.2M | |
Cash | 31.1K | 145.2K | 158.9K | 725.0K | 358.1K | 614.9K | |
Non Current Assets Total | 179.2K | 1.0M | 2.5M | 3.5M | 5.5M | 5.8M | |
Cash And Short Term Investments | 31.1K | 145.2K | 158.9K | 725.0K | 358.4K | 608.0K | |
Net Receivables | 2.4M | 1.9M | 3.8M | 3.9M | 6.4M | 4.5M | |
Common Stock Shares Outstanding | 11.2M | 20.0M | 32.0M | 33.1M | 41.0M | 32.7M | |
Liabilities And Stockholders Equity | 2.8M | 3.2M | 6.5M | 8.2M | 12.4M | 7.0M | |
Non Current Liabilities Total | 7.8M | 7.2M | 6.6M | 6.7M | 6.7M | 7.0M | |
Inventory | 96.2K | 39.7K | 7.3K | 8.7K | 0.9 | 0.86 | |
Other Current Assets | 85.7K | 60.2K | 55.8K | 86.8K | 129.8K | 97.7K | |
Other Stockholder Equity | 1.8M | 1.8M | 2.3M | 2.6M | 2.7M | 4.0M | |
Total Liab | 14.9M | 15.7M | 14.4M | 14.9M | 15.6M | 16.4M | |
Total Current Assets | 2.6M | 2.2M | 4.0M | 4.7M | 6.9M | 5.3M | |
Short Term Debt | 5.2K | 1.2M | 1.2M | 1.3M | 2.1M | 2.3M | |
Intangible Assets | 44.7K | 860.6K | 2.2M | 3.2M | 4.5M | 4.7M | |
Accumulated Other Comprehensive Income | (891.0K) | (357.2K) | (363.3K) | (822.8K) | (216.7K) | (227.6K) | |
Current Deferred Revenue | 142.5K | 16.5K | 133.8K | 1.0 | 1.15 | 1.21 | |
Non Currrent Assets Other | 300.0K | (44.7K) | (262.0) | (44.7K) | (40.2K) | (38.2K) | |
Short Term Investments | 85.7K | 60.2K | 55.8K | 17.4K | 293.0 | 278.35 | |
Other Liab | 928.0K | 689.7K | (1.0) | 39.0K | 44.9K | 42.6K | |
Net Tangible Assets | (4.4M) | (12.1M) | (13.4M) | (10.1M) | (9.1M) | (8.7M) | |
Short Long Term Debt | 566.7K | 1.2M | 1.2M | 1.2M | 1.1M | 1.1M | |
Common Stock | 10.1M | 10.8M | 13.6M | 13.6M | 14.7M | 11.8M | |
Property Plant Equipment | 177.3K | 134.5K | 113.1K | 239.1K | 275.0K | 189.1K | |
Capital Lease Obligations | 5.2K | 1.6K | 113.1K | 39.0K | 44.9K | 30.3K | |
Net Invested Capital | (5.0M) | (4.1M) | (162.6K) | 1.1M | 1.0M | 1.1M | |
Net Working Capital | (4.5M) | (6.3M) | (3.8M) | (3.6M) | (4.1M) | (4.3M) | |
Capital Stock | 10.1M | 10.8M | 13.6M | 13.6M | 15.6M | 12.7M |
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When running NTG Clarity's price analysis, check to measure NTG Clarity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.