Nascent Total Stockholder Equity vs Cash Analysis
| NCTW Stock | USD 0.0001 0.00 0.00% |
Nascent Wine financial indicator trend analysis is infinitely more than just investigating Nascent Wine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nascent Wine is a good investment. Please check the relationship between Nascent Wine Total Stockholder Equity and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nascent Wine. 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 information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nascent Wine Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nascent Wine's Total Stockholder Equity and Cash is -0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Nascent Wine, assuming nothing else is changed. The correlation between historical values of Nascent Wine's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Nascent Wine are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Nascent Wine's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of Nascent Wine, which is listed under current asset account on Nascent Wine balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nascent Wine customers. The amounts must be unrestricted with restricted cash listed in a different Nascent Wine account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Nascent Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nascent Wine 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 Nascent Wine. 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 information on how to buy Nascent Stock please use our How to Invest in Nascent Wine guide.Discontinued Operations is likely to drop to about (7.8 M) in 2024. Selling General Administrative is likely to drop to about 5.7 M in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 300.0 | 4.3M | 4.9M | 3.3M | Total Revenue | 1.4K | 18.4M | 21.2M | 18.0M |
Nascent Wine fundamental ratios Correlations
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Nascent Wine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nascent Wine's price analysis, check to measure Nascent Wine'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 Nascent Wine is operating at the current time. Most of Nascent Wine's value examination focuses on studying past and present price action to predict the probability of Nascent Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nascent Wine's price. Additionally, you may evaluate how the addition of Nascent Wine to your portfolios can decrease your overall portfolio volatility.