NanoTech Retained Earnings vs Total Liab Analysis
| NTEK Stock | USD 0.0001 0.00 0.00% |
NanoTech Entertainment financial indicator trend analysis is infinitely more than just investigating NanoTech Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NanoTech Entertainment is a good investment. Please check the relationship between NanoTech Entertainment Retained Earnings and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoTech Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy NanoTech Stock please use our How to buy in NanoTech Stock guide.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NanoTech Entertainment Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NanoTech Entertainment's Retained Earnings and Total Liab is -0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of NanoTech Entertainment, assuming nothing else is changed. The correlation between historical values of NanoTech Entertainment's Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of NanoTech Entertainment are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., NanoTech Entertainment's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from NanoTech Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NanoTech Entertainment 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 NanoTech Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy NanoTech Stock please use our How to buy in NanoTech Stock guide.Enterprise Value is expected to rise to about 24.1 M this year, although the value of Discontinued Operations will most likely fall to (13.8 K).
| 2014 | 2015 | 2023 | 2024 (projected) | Gross Profit | 7.7M | 2.9M | 3.4M | 2.0M | Total Revenue | 11.2M | 17.5M | 20.1M | 21.2M |
NanoTech Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
NanoTech Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoTech Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy NanoTech Stock please use our How to buy in NanoTech Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Movies & Entertainment 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 NanoTech Entertainment. If investors know NanoTech 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 NanoTech Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.054 |
The market value of NanoTech Entertainment is measured differently than its book value, which is the value of NanoTech that is recorded on the company's balance sheet. Investors also form their own opinion of NanoTech Entertainment's value that differs from its market value or its book value, called intrinsic value, which is NanoTech Entertainment'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 NanoTech Entertainment's market value can be influenced by many factors that don't directly affect NanoTech Entertainment'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 NanoTech Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoTech Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoTech Entertainment'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.