NTG Selling General Administrative vs Ebitda Analysis
NCI Stock | CAD 1.57 0.02 1.29% |
NTG Clarity financial indicator trend analysis is infinitely more than just investigating NTG Clarity Networks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NTG Clarity Networks is a good investment. Please check the relationship between NTG Clarity Selling General Administrative and its Ebitda accounts. 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.
Selling General Administrative vs Ebitda
Selling General Administrative vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NTG Clarity Networks Selling General Administrative account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NTG Clarity's Selling General Administrative and Ebitda is -0.56. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda in the same time period over historical financial statements of NTG Clarity Networks, assuming nothing else is changed. The correlation between historical values of NTG Clarity's Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of NTG Clarity Networks are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., NTG Clarity's Selling General Administrative and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Ebitda
Most indicators from NTG Clarity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.9M | 17.7M | 27.7M | 29.1M | Depreciation And Amortization | 244.1K | 438.2K | 587K | 310.9K |
NTG Clarity fundamental ratios Correlations
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NTG Clarity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NTG Clarity fundamental ratios 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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