NFT Net Working Capital vs Intangible Assets Analysis

MI Stock   2.72  0.11  3.89%   
NFT financial indicator trend analysis is infinitely more than just investigating NFT Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NFT Limited is a good investment. Please check the relationship between NFT Net Working Capital and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Working Capital vs Intangible Assets

Net Working Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NFT Limited Net Working Capital account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NFT's Net Working Capital and Intangible Assets is -0.69. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of NFT Limited, assuming nothing else is changed. The correlation between historical values of NFT's Net Working Capital and Intangible 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 Net Working Capital of NFT Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Working Capital i.e., NFT's Net Working Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Net Working Capital

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from NFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NFT Limited 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 NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The NFT's current Tax Provision is estimated to increase to about (319 K). The current Selling General Administrative is estimated to decrease to about 1.4 M
 2021 2024 2025 (projected)
Interest Expense786.0707.4672.03
Depreciation And Amortization117.01.3K1.2K

NFT fundamental ratios Correlations

-0.38-0.07-0.010.77-0.140.05-0.87-0.320.420.86-0.630.07-0.220.86-0.030.56-0.040.62-0.010.93-0.230.65-0.290.180.73
-0.380.550.64-0.70.78-0.370.650.91-0.98-0.58-0.030.090.23-0.580.59-0.650.15-0.870.64-0.360.81-0.760.83-0.81-0.71
-0.070.550.97-0.520.7-0.290.230.73-0.67-0.20.30.69-0.4-0.20.61-0.630.11-0.670.970.10.5-0.490.64-0.57-0.61
-0.010.640.97-0.510.84-0.480.210.81-0.74-0.160.210.6-0.31-0.160.71-0.620.04-0.71.00.120.67-0.520.77-0.73-0.59
0.77-0.7-0.52-0.51-0.580.31-0.93-0.680.80.92-0.6-0.07-0.210.92-0.440.92-0.010.94-0.510.71-0.60.75-0.730.580.99
-0.140.780.70.84-0.58-0.80.360.92-0.84-0.30.180.170.09-0.30.85-0.6-0.14-0.790.84-0.140.95-0.70.96-0.98-0.62
0.05-0.37-0.29-0.480.31-0.8-0.13-0.540.440.09-0.230.12-0.190.09-0.650.370.350.44-0.480.13-0.840.41-0.760.830.32
-0.870.650.230.21-0.930.36-0.130.53-0.69-0.990.48-0.170.42-0.990.24-0.780.07-0.830.21-0.870.45-0.690.55-0.41-0.89
-0.320.910.730.81-0.680.92-0.540.53-0.95-0.460.180.280.04-0.460.77-0.610.0-0.890.82-0.270.85-0.860.89-0.9-0.72
0.42-0.98-0.67-0.740.8-0.840.44-0.69-0.950.63-0.14-0.16-0.180.63-0.680.76-0.080.94-0.740.38-0.840.8-0.90.850.81
0.86-0.58-0.2-0.160.92-0.30.09-0.99-0.460.63-0.520.19-0.421.0-0.20.77-0.050.79-0.160.86-0.40.64-0.50.340.88
-0.63-0.030.30.21-0.60.18-0.230.480.18-0.14-0.520.27-0.2-0.520.1-0.47-0.12-0.450.21-0.50.11-0.460.23-0.12-0.62
0.070.090.690.6-0.070.170.12-0.170.28-0.160.190.27-0.920.190.03-0.130.31-0.170.590.4-0.03-0.160.07-0.04-0.17
-0.220.23-0.4-0.31-0.210.09-0.190.420.04-0.18-0.42-0.2-0.92-0.420.17-0.12-0.17-0.16-0.31-0.540.25-0.140.19-0.2-0.12
0.86-0.58-0.2-0.160.92-0.30.09-0.99-0.460.631.0-0.520.19-0.42-0.20.77-0.050.79-0.160.86-0.40.64-0.50.340.88
-0.030.590.610.71-0.440.85-0.650.240.77-0.68-0.20.10.030.17-0.2-0.46-0.54-0.630.71-0.080.74-0.570.78-0.81-0.48
0.56-0.65-0.63-0.620.92-0.60.37-0.78-0.610.760.77-0.47-0.13-0.120.77-0.460.020.86-0.620.49-0.620.53-0.760.580.92
-0.040.150.110.04-0.01-0.140.350.070.0-0.08-0.05-0.120.31-0.17-0.05-0.540.02-0.010.040.04-0.130.01-0.120.15-0.01
0.62-0.87-0.67-0.70.94-0.790.44-0.83-0.890.940.79-0.45-0.17-0.160.79-0.630.86-0.01-0.70.56-0.780.86-0.870.780.95
-0.010.640.971.0-0.510.84-0.480.210.82-0.74-0.160.210.59-0.31-0.160.71-0.620.04-0.70.120.67-0.520.77-0.73-0.59
0.93-0.360.10.120.71-0.140.13-0.87-0.270.380.86-0.50.4-0.540.86-0.080.490.040.560.12-0.270.61-0.290.210.65
-0.230.810.50.67-0.60.95-0.840.450.85-0.84-0.40.11-0.030.25-0.40.74-0.62-0.13-0.780.67-0.27-0.670.97-0.99-0.61
0.65-0.76-0.49-0.520.75-0.70.41-0.69-0.860.80.64-0.46-0.16-0.140.64-0.570.530.010.86-0.520.61-0.67-0.680.690.77
-0.290.830.640.77-0.730.96-0.760.550.89-0.9-0.50.230.070.19-0.50.78-0.76-0.12-0.870.77-0.290.97-0.68-0.97-0.74
0.18-0.81-0.57-0.730.58-0.980.83-0.41-0.90.850.34-0.12-0.04-0.20.34-0.810.580.150.78-0.730.21-0.990.69-0.970.6
0.73-0.71-0.61-0.590.99-0.620.32-0.89-0.720.810.88-0.62-0.17-0.120.88-0.480.92-0.010.95-0.590.65-0.610.77-0.740.6
Click cells to compare fundamentals

NFT Account Relationship Matchups

NFT fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.4M11.7M67.8M73.7M86.6M51.6M
Short Long Term Debt Total8.5M8.6M62.4K1.6M1.4M1.3M
Other Current Liab18.3M8.9M10.8M8.2M1.4M1.3M
Total Current Liabilities18.5M8.9M15.3M12.9M5.7M5.4M
Total Stockholder Equity5.8M2.8M52.4M60.8M80.9M84.9M
Current Deferred Revenue8.8K9.2M2.7M4.3M4.4M2.9M
Net Debt8.6M(1.4M)(62.1M)(61.8M)(82.3M)(78.2M)
Retained Earnings(226.3K)(29.4M)(39.8M)(35.0M)(28.7M)(27.2M)
Cash31.2K1.5M63.7M61.8M82.3M86.4M
Non Current Assets Total2.2M562.7K1.3M9.5M61.4K0.0
Non Currrent Assets Other(1.7M)662.4K183.6K61.4K55.2K69.2K
Cash And Short Term Investments31.2K1.5M63.7M61.8M82.3M86.4M
Net Receivables0.0120K86.4K800K720K684K
Common Stock Shares Outstanding227.3K247.7K495.9K2.0M4.1M4.3M
Liabilities And Stockholders Equity24.4M11.7M67.8M73.7M86.6M51.6M
Other Current Assets23.1M543.4K4.0M11.1M4.4M8.3M
Other Stockholder Equity6.4M32.5M92.5M95.7M109.5M115.0M
Total Liab18.6M8.9M15.3M12.9M5.7M5.4M
Total Current Assets23.1M2.2M67.7M73.7M86.6M44.6M
Accumulated Other Comprehensive Income(302.7K)(273.0K)(328.0K)(341.1K)(357.5K)0.0
Short Term Debt9.2M8.5M(195.8K)62.4K1.6M0.0
Common Stock11.3K14.4K35.0K38.5K25.3K20.7K
Net Invested Capital5.8M2.8M54.0M60.8M80.9M84.9M
Capital Stock11.3K14.4K35.0K38.5K25.3K24.9K
Net Working Capital4.6M(6.7M)52.3M60.8M80.9M84.9M

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is IT Consulting & Other Services 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 NFT. If investors know NFT 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 NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
1.38
Revenue Per Share
0.18
Quarterly Revenue Growth
(0.61)
Return On Assets
(0.01)
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT'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 NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.