NanoTech Total Assets vs Total Current Assets 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 Total Assets and its Total Current Assets 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NanoTech Entertainment Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between NanoTech Entertainment's Total Assets and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Assets and Total Current Assets 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 Assets of NanoTech Entertainment are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., NanoTech Entertainment's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of NanoTech Entertainment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NanoTech Entertainment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Profit7.7M2.9M3.4M2.0M
Total Revenue11.2M17.5M20.1M21.2M

NanoTech Entertainment fundamental ratios Correlations

0.210.540.540.450.7-0.18-0.350.60.170.631.00.630.580.97-0.48-0.350.930.98-0.35-0.76
0.210.840.84-0.360.78-0.920.00.111.0-0.540.21-0.540.810.190.10.00.210.260.0-0.49
0.540.841.0-0.40.95-0.92-0.320.270.81-0.320.54-0.320.990.52-0.35-0.320.430.56-0.32-0.8
0.540.841.0-0.40.95-0.92-0.320.270.81-0.320.54-0.320.990.52-0.35-0.320.430.56-0.32-0.8
0.45-0.36-0.4-0.4-0.180.60.110.25-0.340.870.450.87-0.350.390.220.110.540.440.110.04
0.70.780.950.95-0.18-0.78-0.360.490.75-0.110.69-0.110.940.71-0.34-0.360.570.69-0.36-0.84
-0.18-0.92-0.92-0.920.6-0.780.180.03-0.910.63-0.180.63-0.9-0.150.090.18-0.12-0.240.180.59
-0.350.0-0.32-0.320.11-0.360.180.040.0-0.1-0.35-0.1-0.35-0.340.011.0-0.06-0.351.00.73
0.60.110.270.270.250.490.030.040.070.360.580.360.220.76-0.510.040.520.450.04-0.22
0.171.00.810.81-0.340.75-0.910.00.07-0.560.18-0.560.780.140.170.00.170.220.0-0.47
0.63-0.54-0.32-0.320.87-0.110.63-0.10.36-0.560.631.0-0.260.58-0.21-0.10.650.6-0.1-0.12
1.00.210.540.540.450.69-0.18-0.350.580.180.630.630.580.97-0.47-0.350.930.99-0.35-0.76
0.63-0.54-0.32-0.320.87-0.110.63-0.10.36-0.561.00.63-0.260.58-0.21-0.10.650.6-0.1-0.12
0.580.810.990.99-0.350.94-0.9-0.350.220.78-0.260.58-0.260.54-0.34-0.350.480.62-0.35-0.84
0.970.190.520.520.390.71-0.15-0.340.760.140.580.970.580.54-0.55-0.340.860.91-0.34-0.7
-0.480.1-0.35-0.350.22-0.340.090.01-0.510.17-0.21-0.47-0.21-0.34-0.550.01-0.43-0.410.010.26
-0.350.0-0.32-0.320.11-0.360.181.00.040.0-0.1-0.35-0.1-0.35-0.340.01-0.06-0.351.00.73
0.930.210.430.430.540.57-0.12-0.060.520.170.650.930.650.480.86-0.43-0.060.94-0.06-0.58
0.980.260.560.560.440.69-0.24-0.350.450.220.60.990.60.620.91-0.41-0.350.94-0.35-0.79
-0.350.0-0.32-0.320.11-0.360.181.00.040.0-0.1-0.35-0.1-0.35-0.340.011.0-0.06-0.350.73
-0.76-0.49-0.8-0.80.04-0.840.590.73-0.22-0.47-0.12-0.76-0.12-0.84-0.70.260.73-0.58-0.790.73
Click cells to compare fundamentals

NanoTech Entertainment Account Relationship Matchups

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When determining whether NanoTech Entertainment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NanoTech Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nanotech Entertainment Stock. Highlighted below are key reports to facilitate an investment decision about Nanotech Entertainment Stock:
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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.