NETGEAR Net Debt vs Cash And Short Term Investments Analysis

NTGR Stock

USD 24.04 1.03 4.11%

NETGEAR financial indicator trend analysis is infinitely more than just investigating NETGEAR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NETGEAR is a good investment. Please check the relationship between NETGEAR Net Debt and its Cash And Short Term Investments accounts. 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NETGEAR Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between NETGEAR's Net Debt and Cash And Short Term Investments is -0.76. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of NETGEAR, assuming nothing else is changed. The correlation between historical values of NETGEAR's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of NETGEAR are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., NETGEAR's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of NETGEAR balance sheet. This account contains NETGEAR investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NETGEAR fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from NETGEAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NETGEAR 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 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 Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, though Discontinued Operations is likely to grow to (30.5 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	299.2M	289.0M	282.5M	226.3M
Cost Of Revenue	802.2M	681.9M	491.6M	666.0M

Total Operating Expenses Cost Of Revenue

NETGEAR fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Accounts Payable	Cash	Good Will	Inventory	Other Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.61	0.92	0.98	-0.09	0.58	-0.17	0.42	0.87	0.79	0.71	0.71	0.75	0.61	0.38	0.66	0.28	0.38	0.5	-0.74	0.25	0.85	0.82	0.92	-0.07	0.98
Other Current Liab	0.61		0.72	0.49	0.45	-0.17	0.46	0.64	0.78	0.29	0.57	0.16	0.72	0.28	-0.08	0.37	0.23	0.57	-0.01	-0.52	-0.32	0.53	0.28	0.66	0.06	0.59
Total Current Liabilities	0.92	0.72		0.82	0.11	0.34	0.1	0.52	0.99	0.79	0.75	0.5	0.75	0.56	0.16	0.52	0.28	0.37	0.45	-0.76	0.04	0.7	0.71	0.95	-0.08	0.93
Total Stockholder Equity	0.98	0.49	0.82		-0.2	0.7	-0.33	0.33	0.75	0.77	0.64	0.78	0.69	0.6	0.49	0.7	0.24	0.32	0.5	-0.68	0.36	0.87	0.83	0.84	-0.08	0.95
Other Assets	-0.09	0.45	0.11	-0.2		-0.63	0.52	-0.12	0.19	-0.14	0.12	-0.31	-0.06	-0.1	-0.19	-0.14	-0.34	0.02	-0.24	-0.14	-0.06	-0.01	-0.3	0.12	-0.54	-0.15
Common Stock Shares Outstanding	0.58	-0.17	0.34	0.7	-0.63		-0.77	-0.1	0.21	0.7	0.18	0.83	0.16	0.35	0.65	0.56	0.0	-0.17	0.47	-0.29	0.61	0.6	0.63	0.45	-0.07	0.56
Non Current Liabilities Total	-0.17	0.46	0.1	-0.33	0.52	-0.77		0.47	0.25	-0.41	0.17	-0.57	0.14	-0.12	-0.7	-0.43	0.27	0.5	-0.19	-0.02	-0.72	-0.31	-0.28	0.04	0.28	-0.12
Other Stockholder Equity	0.42	0.64	0.52	0.33	-0.12	-0.1	0.47		0.57	0.12	0.58	-0.03	0.67	0.45	-0.45	0.17	0.61	0.77	-0.14	-0.41	-0.76	0.25	0.29	0.39	0.69	0.49
Total Liab	0.87	0.78	0.99	0.75	0.19	0.21	0.25	0.57		0.7	0.75	0.4	0.75	0.52	0.05	0.44	0.31	0.44	0.41	-0.74	-0.07	0.64	0.64	0.93	-0.04	0.88
Accounts Payable	0.79	0.29	0.79	0.77	-0.14	0.7	-0.41	0.12	0.7		0.46	0.71	0.44	0.41	0.5	0.52	0.07	-0.04	0.43	-0.56	0.42	0.72	0.65	0.79	-0.28	0.77
Cash	0.71	0.57	0.75	0.64	0.12	0.18	0.17	0.58	0.75	0.46		0.37	0.48	0.84	-0.13	0.42	0.08	0.45	0.15	-0.97	-0.15	0.49	0.72	0.7	0.1	0.74
Good Will	0.71	0.16	0.5	0.78	-0.31	0.83	-0.57	-0.03	0.4	0.71	0.37		0.32	0.43	0.72	0.7	-0.14	0.01	0.32	-0.48	0.58	0.83	0.56	0.58	-0.23	0.62
Inventory	0.75	0.72	0.75	0.69	-0.06	0.16	0.14	0.67	0.75	0.44	0.48	0.32		0.45	0.08	0.56	0.49	0.62	0.22	-0.41	-0.21	0.61	0.41	0.6	0.17	0.75
Other Current Assets	0.61	0.28	0.56	0.6	-0.1	0.35	-0.12	0.45	0.52	0.41	0.84	0.43	0.45		-0.03	0.62	-0.03	0.39	0.06	-0.82	-0.04	0.47	0.61	0.48	0.04	0.62
Intangible Assets	0.38	-0.08	0.16	0.49	-0.19	0.65	-0.7	-0.45	0.05	0.5	-0.13	0.72	0.08	-0.03		0.52	-0.17	-0.24	0.37	-0.01	0.79	0.65	0.18	0.26	-0.38	0.25
Property Plant Equipment	0.66	0.37	0.52	0.7	-0.14	0.56	-0.43	0.17	0.44	0.52	0.42	0.7	0.56	0.62	0.52		-0.26	0.1	0.22	-0.5	0.32	0.72	0.4	0.51	-0.16	0.59
Short Long Term Debt Total	0.28	0.23	0.28	0.24	-0.34	0.0	0.27	0.61	0.31	0.07	0.08	-0.14	0.49	-0.03	-0.17	-0.26		0.63	0.18	0.08	-0.43	0.09	0.24	0.18	0.61	0.34
Property Plant And Equipment Net	0.38	0.57	0.37	0.32	0.02	-0.17	0.5	0.77	0.44	-0.04	0.45	0.01	0.62	0.39	-0.24	0.1	0.63		-0.23	-0.27	-0.57	0.34	0.14	0.27	0.47	0.37
Current Deferred Revenue	0.5	-0.01	0.45	0.5	-0.24	0.47	-0.19	-0.14	0.41	0.43	0.15	0.32	0.22	0.06	0.37	0.22	0.18	-0.23		-0.23	0.49	0.22	0.6	0.53	-0.08	0.56
Net Debt	-0.74	-0.52	-0.76	-0.68	-0.14	-0.29	-0.02	-0.41	-0.74	-0.56	-0.97	-0.48	-0.41	-0.82	-0.01	-0.5	0.08	-0.27	-0.23		-0.05	-0.54	-0.76	-0.74	0.08	-0.75
Retained Earnings	0.25	-0.32	0.04	0.36	-0.06	0.61	-0.72	-0.76	-0.07	0.42	-0.15	0.58	-0.21	-0.04	0.79	0.32	-0.43	-0.57	0.49	-0.05		0.35	0.29	0.19	-0.7	0.17
Non Current Assets Total	0.85	0.53	0.7	0.87	-0.01	0.6	-0.31	0.25	0.64	0.72	0.49	0.83	0.61	0.47	0.65	0.72	0.09	0.34	0.22	-0.54	0.35		0.49	0.75	-0.18	0.74
Cash And Short Term Investments	0.82	0.28	0.71	0.83	-0.3	0.63	-0.28	0.29	0.64	0.65	0.72	0.56	0.41	0.61	0.18	0.4	0.24	0.14	0.6	-0.76	0.29	0.49		0.73	0.05	0.88
Net Receivables	0.92	0.66	0.95	0.84	0.12	0.45	0.04	0.39	0.93	0.79	0.7	0.58	0.6	0.48	0.26	0.51	0.18	0.27	0.53	-0.74	0.19	0.75	0.73		-0.13	0.91
Property Plant And Equipment Gross	-0.07	0.06	-0.08	-0.08	-0.54	-0.07	0.28	0.69	-0.04	-0.28	0.1	-0.23	0.17	0.04	-0.38	-0.16	0.61	0.47	-0.08	0.08	-0.7	-0.18	0.05	-0.13		0.03
Total Current Assets	0.98	0.59	0.93	0.95	-0.15	0.56	-0.12	0.49	0.88	0.77	0.74	0.62	0.75	0.62	0.25	0.59	0.34	0.37	0.56	-0.75	0.17	0.74	0.88	0.91	0.03

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NETGEAR Account Relationship Matchups

NETGEAR fundamental ratios 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

0.71	MCHP	Microchip Technology	Pair Corr
0.69	TER	Teradyne	Pair Corr
0.64	LGMK	LogicMark	Pair Corr
0.6	ARW	Arrow Electronics	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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