National Total Current Liabilities vs Intangible Assets Analysis
NCMI Stock | USD 6.66 0.10 1.48% |
National CineMedia financial indicator trend analysis is infinitely more than just investigating National CineMedia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National CineMedia is a good investment. Please check the relationship between National CineMedia Total Current Liabilities and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.
Total Current Liabilities vs Intangible Assets
Total Current Liabilities vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National CineMedia Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between National CineMedia's Total Current Liabilities and Intangible Assets is 0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of National CineMedia, assuming nothing else is changed. The correlation between historical values of National CineMedia's Total Current Liabilities 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 Total Current Liabilities of National CineMedia 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 Total Current Liabilities i.e., National CineMedia's Total Current Liabilities and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on National CineMedia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National CineMedia 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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from National CineMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National CineMedia 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 National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.As of now, National CineMedia's Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 96.2M | 222M | 59.6M | 56.6M | Total Revenue | 114.6M | 249.2M | 165.2M | 268.2M |
National CineMedia fundamental ratios Correlations
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National CineMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National CineMedia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 885.6M | |
Other Current Liab | 88.5M | 26.7M | 37.7M | 44.6M | 26.9M | 25.6M | |
Total Current Liabilities | 119.5M | 50M | 69.8M | 1.2B | 58.4M | 55.5M | |
Total Stockholder Equity | (121.2M) | (268.6M) | (383.5M) | (515.3M) | 434.5M | 456.2M | |
Accounts Payable | 20.7M | 13.7M | 16.3M | 25M | 21.7M | 17.8M | |
Other Assets | 179.6M | 168.8M | 32M | 640.6M | 736.7M | 773.5M | |
Total Liab | 1.3B | 1.2B | 1.2B | 1.3B | 133.2M | 126.5M | |
Intangible Assets | 684.5M | 643.7M | 627.8M | 606.3M | 394.3M | 456.2M | |
Property Plant Equipment | 33.2M | 27.5M | 21.3M | 13M | 15.0M | 26.2M | |
Short Long Term Debt Total | 926.6M | 1.1B | 1.1B | 1.1B | 16M | 15.2M | |
Other Liab | 199.6M | 183.8M | 94.5M | 16.4M | 14.8M | 14.0M | |
Property Plant And Equipment Net | 33.2M | 27.5M | 21.3M | 13M | 20.1M | 26.8M | |
Current Deferred Revenue | 7.3M | 7.6M | 5.1M | 12.6M | 9.8M | 7.4M | |
Net Debt | 870.7M | 872M | 996.3M | 1.1B | (21.6M) | (20.5M) | |
Cash | 55.9M | 180.3M | 101.2M | 61.7M | 34.6M | 32.9M | |
Non Current Assets Total | 875.7M | 686.3M | 659M | 628M | 423.9M | 708.9M | |
Non Currrent Assets Other | 28.2M | 25.7M | 25.1M | 27.1M | 8.8M | 8.4M | |
Long Term Debt | 920.9M | 923.9M | 1.0B | 1.1B | 11.5M | 10.9M | |
Cash And Short Term Investments | 80.9M | 181.8M | 102.5M | 62.4M | 34.6M | 32.9M | |
Net Receivables | 177.4M | 16.2M | 53M | 92M | 96.6M | 121.9M | |
Common Stock Shares Outstanding | 7.8M | 7.8M | 8.0M | 8.2M | 48.6M | 51.0M | |
Liabilities And Stockholders Equity | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 931.8M | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.1B | 53.3M | 74.8M | 71.1M | |
Other Stockholder Equity | 49.1M | (207.5M) | (195.5M) | (1.0) | 115.3M | 121.1M | |
Property Plant And Equipment Gross | 33.2M | 27.5M | 81.2M | 67.8M | 17.4M | 33.7M | |
Total Current Assets | 254.3M | 199.9M | 158.4M | 164.4M | 143.8M | 205.3M | |
Accumulated Other Comprehensive Income | (62.5M) | (209.2M) | (207.5M) | (195.5M) | (146.2M) | 0.0 | |
Retained Earnings | (171.1M) | (266.4M) | (332M) | (370.4M) | 316.6M | 332.4M | |
Short Term Investments | 13.1M | 24M | 17.5M | 300K | 700K | 0.0 | |
Inventory | (7.5M) | (1.2M) | (1M) | 2.1M | 1.9M | 2.0M | |
Net Tangible Assets | (1.0B) | (1.1B) | (1.1B) | (1.1B) | (991.8M) | (1.0B) | |
Noncontrolling Interest In Consolidated Entity | 258.3M | 204.5M | 143.2M | 51.3M | 59.0M | 56.0M | |
Retained Earnings Total Equity | (171.1M) | (266.4M) | (332M) | (370.4M) | (333.4M) | (316.7M) | |
Long Term Debt Total | 920.9M | 923.9M | 1.0B | 1.1B | 1.3B | 1.0B |
Currently Active Assets on Macroaxis
When determining whether National CineMedia offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National CineMedia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Cinemedia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Cinemedia Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Advertising 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 National CineMedia. If investors know National 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 National CineMedia 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 (0.67) | Earnings Share (7.24) | Revenue Per Share 2.546 | Quarterly Revenue Growth 1.526 | Return On Assets (0.02) |
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia'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 National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia'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 National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia'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.