Nocera Change To Operating Activities vs Net Borrowings Analysis
NCRA Stock | USD 0.91 0.09 9.00% |
Nocera financial indicator trend analysis is infinitely more than just investigating Nocera Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nocera Inc is a good investment. Please check the relationship between Nocera Change To Operating Activities and its Net Borrowings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nocera Inc. 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.
Change To Operating Activities vs Net Borrowings
Change To Operating Activities vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nocera Inc Change To Operating Activities account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nocera's Change To Operating Activities and Net Borrowings is -0.47. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Nocera Inc, assuming nothing else is changed. The correlation between historical values of Nocera's Change To Operating Activities and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Nocera Inc are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Operating Activities i.e., Nocera's Change To Operating Activities and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Operating Activities
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from Nocera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nocera Inc 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 Nocera Inc. 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. The current year's Selling General Administrative is expected to grow to about 2.9 M, whereas Discontinued Operations is projected to grow to (2.3 M).
Nocera fundamental ratios Correlations
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Nocera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nocera fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4M | 4.9M | 6.9M | 8.1M | 5.0M | 4.5M | |
Other Current Liab | 1.3M | 1.3M | 1.5M | 1.3M | 1.3M | 1.2M | |
Total Current Liabilities | 2.6M | 2.4M | 2.1M | 1.5M | 1.8M | 1.7M | |
Total Stockholder Equity | 733.3K | 2.6M | 4.8M | 6.0M | 3.2M | 2.6M | |
Net Tangible Assets | 1.9M | 259.4K | 2.2M | 4.4M | 5.1M | 5.4M | |
Retained Earnings | 339.2K | (293.2K) | (9.9M) | (14.7M) | (19.1M) | (18.1M) | |
Accounts Payable | 251.6K | 18.8K | 17.4K | 2.6K | 28.5K | 27.1K | |
Cash | 28.5K | 1.0M | 2.4M | 2.9M | 1.2M | 1.1M | |
Non Current Assets Total | 856.5K | 843.7K | 472.8K | 4.9M | 3.3M | 3.5M | |
Non Currrent Assets Other | (781.9K) | 458.4K | 69.5K | 130.4K | 4.7K | 5.0K | |
Other Assets | 74.6K | 460.7K | 69.5K | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 28.5K | 1.0M | 2.4M | 2.9M | 1.4M | 1.1M | |
Common Stock Shares Outstanding | 8.2M | 7.8M | 6.1M | 7.9M | 9.8M | 6.9M | |
Liabilities And Stockholders Equity | 3.4M | 4.9M | 6.9M | 8.1M | 5.0M | 4.5M | |
Non Current Liabilities Total | 880.4K | 739.1K | 161.8K | 436.3K | 1.0 | 0.95 | |
Inventory | 289.8K | 1.7M | 1.5M | 91.8K | 90.2K | 85.7K | |
Other Current Assets | 563.4K | 1.6K | 1.7K | 1.7M | 220.8K | 360.2K | |
Other Stockholder Equity | 271.9K | 2.7M | 14.5M | 20.5M | 21.9M | 23.0M | |
Total Liab | 2.6M | 2.4M | 2.1M | 2.0M | 1.8M | 1.8M | |
Total Current Assets | 2.5M | 4.1M | 6.4M | 3.2M | 1.7M | 3.1M | |
Accumulated Other Comprehensive Income | 109.9K | 141.4K | 205.1K | 294.8K | 290.1K | 304.6K | |
Short Term Debt | 23.9K | 720.3K | 144.4K | 214.9K | 487.8K | 512.2K | |
Common Stock | 12.4K | 9.1K | 10.6K | 9.2K | 11.2K | 10.3K | |
Property Plant Equipment | 58.7K | 308.0K | 50.9K | 71.2K | 81.9K | 89.6K | |
Short Long Term Debt Total | 23.9K | 720.3K | 144.4K | 651.3K | 487.8K | 372.4K | |
Property Plant And Equipment Net | 308.0K | 50.9K | 71.2K | 844.6K | 1.5M | 1.6M | |
Current Deferred Revenue | 1.0M | 349.7K | 1.6M | 42.9K | 40.2K | 38.2K | |
Net Debt | (4.7K) | (303.3K) | (2.3M) | (2.3M) | (741.8K) | (778.9K) | |
Net Receivables | 2.2M | 1.3M | 699.6K | 237.2K | 183.8K | 174.6K |
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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.When determining whether Nocera Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nocera'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 Nocera Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nocera Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nocera Inc. 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. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Construction & Engineering 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 Nocera. If investors know Nocera 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 Nocera 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 (0.71) | Earnings Share (0.36) | Revenue Per Share 2.311 | Quarterly Revenue Growth 0.268 | Return On Assets (0.13) |
The market value of Nocera Inc is measured differently than its book value, which is the value of Nocera that is recorded on the company's balance sheet. Investors also form their own opinion of Nocera's value that differs from its market value or its book value, called intrinsic value, which is Nocera'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 Nocera's market value can be influenced by many factors that don't directly affect Nocera'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 Nocera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nocera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nocera'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.