Neo Cash And Short Term Investments vs Long Term Debt Analysis

NCI Stock  USD 0.52  0.01  1.89%   
Neo Concept financial indicator trend analysis is infinitely more than just investigating Neo Concept Internat recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neo Concept Internat is a good investment. Please check the relationship between Neo Concept Cash And Short Term Investments and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neo Concept International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neo Concept Internat Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Neo Concept's Cash And Short Term Investments and Long Term Debt is -0.25. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Neo Concept International Group, assuming nothing else is changed. The correlation between historical values of Neo Concept's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Neo Concept International Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Neo Concept's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Neo Concept Internat balance sheet. This account contains Neo Concept investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Neo Concept International Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that Neo Concept Internat has held for over one year. Long-term debt appears on Neo Concept International Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Neo Concept International Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Neo Concept's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neo Concept Internat 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 Neo Concept International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, Neo Concept's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Neo Concept's current Enterprise Value Multiple is estimated to increase to 107.95, while Selling General Administrative is projected to decrease to under 17.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit22.6M41.8M35.0M33.3M
Total Revenue240.5M347.5M174.2M165.5M

Neo Concept fundamental ratios Correlations

0.910.690.99-0.420.180.690.660.830.93-0.320.750.940.170.850.140.89-0.30.410.98-0.290.20.960.870.920.93
0.910.680.89-0.550.070.680.640.890.87-0.20.690.850.110.830.090.89-0.40.470.91-0.270.080.880.850.890.85
0.690.680.620.0-0.040.530.790.530.79-0.580.280.50.410.640.270.560.060.490.62-0.7-0.010.640.40.670.48
0.990.890.62-0.460.310.630.580.820.86-0.250.740.940.110.770.090.9-0.310.270.97-0.220.320.950.890.860.96
-0.42-0.550.0-0.46-0.14-0.32-0.22-0.62-0.28-0.03-0.39-0.410.03-0.330.04-0.560.29-0.17-0.43-0.03-0.14-0.36-0.52-0.4-0.47
0.180.07-0.040.31-0.14-0.28-0.28-0.05-0.130.130.10.14-0.05-0.260.00.210.1-0.780.080.091.00.150.2-0.170.41
0.690.680.530.63-0.32-0.280.730.740.76-0.50.480.660.160.710.190.52-0.290.610.71-0.4-0.260.570.580.790.48
0.660.640.790.58-0.22-0.280.730.680.8-0.740.190.450.560.70.390.540.230.670.6-0.83-0.240.540.320.740.36
0.830.890.530.82-0.62-0.050.740.680.78-0.30.530.81-0.050.75-0.160.74-0.410.490.84-0.28-0.030.730.830.840.74
0.930.870.790.86-0.28-0.130.760.80.78-0.440.70.850.290.950.250.8-0.250.680.93-0.42-0.110.910.730.980.75
-0.32-0.2-0.58-0.25-0.030.13-0.5-0.74-0.3-0.440.02-0.13-0.58-0.33-0.34-0.21-0.42-0.38-0.230.810.09-0.150.03-0.350.01
0.750.690.280.74-0.390.10.480.190.530.70.020.840.010.770.120.79-0.610.360.810.250.090.830.810.770.78
0.940.850.50.94-0.410.140.660.450.810.85-0.130.84-0.110.82-0.10.8-0.570.380.980.010.130.930.940.890.93
0.170.110.410.110.03-0.050.160.56-0.050.29-0.580.01-0.110.220.870.30.710.250.06-0.7-0.010.16-0.260.2-0.04
0.850.830.640.77-0.33-0.260.710.70.750.95-0.330.770.820.220.230.76-0.380.780.88-0.26-0.250.850.730.980.68
0.140.090.270.090.040.00.190.39-0.160.25-0.340.12-0.10.870.230.280.550.190.06-0.480.030.18-0.20.20.0
0.890.890.560.9-0.560.210.520.540.740.8-0.210.790.80.30.760.28-0.240.340.87-0.190.220.910.80.830.87
-0.3-0.40.06-0.310.290.1-0.290.23-0.41-0.25-0.42-0.61-0.570.71-0.380.55-0.24-0.21-0.43-0.610.13-0.35-0.69-0.37-0.43
0.410.470.490.27-0.17-0.780.610.670.490.68-0.380.360.380.250.780.190.34-0.210.47-0.33-0.770.420.280.710.13
0.980.910.620.97-0.430.080.710.60.840.93-0.230.810.980.060.880.060.87-0.430.47-0.160.090.970.910.950.92
-0.29-0.27-0.7-0.22-0.030.09-0.4-0.83-0.28-0.420.810.250.01-0.7-0.26-0.48-0.19-0.61-0.33-0.160.04-0.140.13-0.290.0
0.20.08-0.010.32-0.141.0-0.26-0.24-0.03-0.110.090.090.13-0.01-0.250.030.220.13-0.770.090.040.150.19-0.160.41
0.960.880.640.95-0.360.150.570.540.730.91-0.150.830.930.160.850.180.91-0.350.420.97-0.140.150.850.90.93
0.870.850.40.89-0.520.20.580.320.830.730.030.810.94-0.260.73-0.20.8-0.690.280.910.130.190.850.80.92
0.920.890.670.86-0.4-0.170.790.740.840.98-0.350.770.890.20.980.20.83-0.370.710.95-0.29-0.160.90.80.77
0.930.850.480.96-0.470.410.480.360.740.750.010.780.93-0.040.680.00.87-0.430.130.920.00.410.930.920.77
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Neo Concept Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Neo Concept Internat offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neo Concept's 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 Neo Concept International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neo Concept International Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neo Concept International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Research & Consulting Services 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 Neo Concept. If investors know Neo 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 Neo Concept 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
2.523
Earnings Share
0.03
Revenue Per Share
9.678
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0854
The market value of Neo Concept Internat is measured differently than its book value, which is the value of Neo that is recorded on the company's balance sheet. Investors also form their own opinion of Neo Concept's value that differs from its market value or its book value, called intrinsic value, which is Neo Concept's 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 Neo Concept's market value can be influenced by many factors that don't directly affect Neo Concept's 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 Neo Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neo Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neo Concept's 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.