NETGEAR Historical Balance Sheet
NTGR Stock | USD 24.04 1.03 4.11% |
Trend analysis of NETGEAR balance sheet accounts such as Total Stockholder Equity of 521 M provides information on NETGEAR's total assets, liabilities, and equity, which is the actual value of NETGEAR to its prevalent stockholders. By breaking down trends over time using NETGEAR balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining NETGEAR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NETGEAR is a good buy for the upcoming year.
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About NETGEAR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of NETGEAR at a specified time, usually calculated after every quarter, six months, or one year. NETGEAR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NETGEAR and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NETGEAR currently owns. An asset can also be divided into two categories, current and non-current.
NETGEAR Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of NETGEAR 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 NETGEAR 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 Liabilities
Total Current Liabilities is an item on NETGEAR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NETGEAR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from NETGEAR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NETGEAR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NETGEAR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in NETGEAR Stock, please use our How to Invest in NETGEAR guide.At this time, NETGEAR's Net Receivables is relatively stable compared to the past year. As of 11/28/2024, Property Plant And Equipment Gross is likely to grow to about 141.3 M, while Other Current Liabilities is likely to drop slightly above 142.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 240.1M | 226.6M | 177.5M | 142.6M | Total Assets | 1.1B | 1.0B | 847.1M | 814.1M |
NETGEAR balance sheet Correlations
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NETGEAR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NETGEAR balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 955.8M | 1.1B | 1.1B | 1.0B | 847.1M | 814.1M | |
Other Current Liab | 202.1M | 244.2M | 240.1M | 226.6M | 177.5M | 142.6M | |
Total Current Liabilities | 298.4M | 365.1M | 341.0M | 346.0M | 264.3M | 261.7M | |
Total Stockholder Equity | 608.7M | 689.4M | 696.8M | 620.9M | 535.5M | 521.0M | |
Other Assets | 66.1M | 112.2M | 76.4M | 89.9M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 32.0M | 30.6M | 31.0M | 29.0M | 29.4M | 35.9M | |
Liabilities And Stockholders Equity | 955.8M | 1.1B | 1.1B | 1.0B | 847.1M | 814.1M | |
Non Current Liabilities Total | 48.7M | 51.6M | 40.7M | 53.0M | 47.3M | 35.9M | |
Other Stockholder Equity | 831.4M | 882.7M | 923.2M | 946.1M | 967.7M | 1.0B | |
Total Liab | 347.1M | 416.7M | 381.7M | 398.9M | 311.6M | 293.1M | |
Accounts Payable | 80.5M | 90.9M | 73.7M | 85.6M | 46.9M | 81.8M | |
Cash | 190.2M | 346.5M | 263.8M | 146.5M | 176.7M | 171.4M | |
Inventory | 235.5M | 172.1M | 315.7M | 299.6M | 248.9M | 177.0M | |
Other Current Assets | 35.7M | 61.1M | 68.1M | 29.8M | 30.4M | 36.2M | |
Intangible Assets | 10.1M | 3.9M | 1.9M | 1.3M | 1.5M | 1.5M | |
Property Plant Equipment | 17.7M | 16.1M | 36.5M | 9.2M | 10.6M | 17.1M | |
Property Plant And Equipment Net | 46.6M | 45.5M | 36.5M | 50.1M | 45.6M | 24.3M | |
Current Deferred Revenue | 6.5M | 13.5M | 16.5M | 21.1M | 27.1M | 21.9M | |
Net Debt | (164.8M) | (320.9M) | (245.2M) | (101.4M) | (135.2M) | (141.9M) | |
Retained Earnings | (222.7M) | (193.3M) | (226.6M) | (324.8M) | (432.3M) | (410.7M) | |
Non Current Assets Total | 211.7M | 212.9M | 195.4M | 185.5M | 99.2M | 148.6M | |
Cash And Short Term Investments | 195.7M | 353.3M | 271.5M | 227.4M | 283.6M | 267.4M | |
Net Receivables | 277.2M | 337.1M | 261.2M | 277.5M | 185.1M | 241.4M | |
Property Plant And Equipment Gross | 46.6M | 45.5M | 36.5M | 50.1M | 134.5M | 141.3M | |
Total Current Assets | 744.1M | 893.2M | 883.1M | 834.3M | 748.0M | 730.8M | |
Accumulated Other Comprehensive Income | 21K | (35K) | 149K | (535K) | 136K | 142.8K | |
Short Term Debt | 9.4M | 9.1M | 9.2M | 11.0M | 11.9M | 18.0M | |
Non Currrent Assets Other | 7.2M | 6.0M | 5.0M | 4.2M | 9.0M | 15.1M | |
Common Stock Total Equity | 31K | 32K | 30K | 29K | 26.1K | 26.4K | |
Short Term Investments | 5.5M | 6.9M | 7.7M | 80.9M | 106.9M | 67.5M | |
Other Liab | 23.3M | 26.1M | 22.1M | 18.9M | 21.7M | 27.1M | |
Net Tangible Assets | 517.9M | 604.8M | 614.2M | 583.2M | 670.7M | 640.4M | |
Retained Earnings Total Equity | (222.7M) | (193.3M) | (226.6M) | (324.8M) | (292.3M) | (277.7M) | |
Capital Surpluse | 831.4M | 882.7M | 923.2M | 946.1M | 1.1B | 705.3M | |
Non Current Liabilities Other | 48.7M | 51.6M | 3.1M | 3.9M | 4.9M | 4.7M | |
Long Term Investments | 8.1M | 8.4M | 7.6M | 7.9M | 8.4M | 7.0M | |
Net Invested Capital | 608.7M | 689.4M | 696.8M | 620.9M | 535.5M | 515.3M |
Pair Trading with NETGEAR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NETGEAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NETGEAR will appreciate offsetting losses from the drop in the long position's value.Moving against NETGEAR Stock
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The ability to find closely correlated positions to NETGEAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NETGEAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NETGEAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NETGEAR to buy it.
The correlation of NETGEAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NETGEAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NETGEAR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NETGEAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NETGEAR Stock Analysis
When running NETGEAR's price analysis, check to measure NETGEAR'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 NETGEAR is operating at the current time. Most of NETGEAR's value examination focuses on studying past and present price action to predict the probability of NETGEAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NETGEAR's price. Additionally, you may evaluate how the addition of NETGEAR to your portfolios can decrease your overall portfolio volatility.