National Non Operating Income Net Other vs Income Before Tax Analysis

NRC Stock  USD 20.26  0.11  0.54%   
National Research financial indicator trend analysis is infinitely more than just investigating National Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Research Corp is a good investment. Please check the relationship between National Research Non Operating Income Net Other and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Operating Income Net Other vs Income Before Tax

Non Operating Income Net Other vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Research Corp Non Operating Income Net Other account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Research's Non Operating Income Net Other and Income Before Tax is -0.36. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of National Research Corp, assuming nothing else is changed. The correlation between historical values of National Research's Non Operating Income Net Other and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of National Research Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Non Operating Income Net Other i.e., National Research's Non Operating Income Net Other and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on National Research income statement and is an important metric when analyzing National Research Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from National Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Research Corp 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 Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, National Research's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 36.71, whereas Tax Provision is forecasted to decline to about 7.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit95.6M94.5M86.7M91.0M
Total Revenue148.0M151.6M148.6M156.0M

National Research fundamental ratios Correlations

0.780.30.710.350.540.330.770.26-0.340.020.360.710.890.650.710.870.30.820.180.810.21-0.46-0.140.470.12
0.78-0.110.42-0.2-0.02-0.20.310.06-0.60.580.330.780.550.210.780.57-0.250.520.020.82-0.31-0.08-0.260.07-0.42
0.3-0.110.390.920.720.560.310.430.43-0.8-0.170.130.280.590.130.460.810.60.60.280.82-0.820.230.860.82
0.710.420.390.50.520.630.630.16-0.29-0.240.290.60.580.420.60.550.380.630.10.650.36-0.69-0.380.60.3
0.35-0.20.920.50.840.710.490.350.42-0.91-0.10.070.390.750.070.510.90.550.40.210.88-0.810.170.830.89
0.54-0.020.720.520.840.680.730.630.4-0.70.110.060.670.70.060.610.920.680.560.250.88-0.750.250.770.84
0.33-0.20.560.630.710.680.610.210.12-0.68-0.110.040.40.450.040.440.630.310.170.120.62-0.66-0.060.60.64
0.770.310.310.630.490.730.610.26-0.13-0.280.510.40.780.580.40.710.440.660.160.50.42-0.520.090.550.3
0.260.060.430.160.350.630.210.260.63-0.26-0.16-0.260.490.12-0.260.340.610.580.87-0.050.67-0.540.460.450.56
-0.34-0.60.43-0.290.420.40.12-0.130.63-0.59-0.5-0.770.00.09-0.77-0.040.590.10.57-0.620.68-0.310.660.260.65
0.020.58-0.8-0.24-0.91-0.7-0.68-0.28-0.26-0.590.230.26-0.11-0.550.26-0.2-0.85-0.24-0.310.17-0.850.63-0.25-0.65-0.91
0.360.33-0.170.29-0.10.11-0.110.51-0.16-0.50.230.550.160.00.550.04-0.170.27-0.140.5-0.2-0.03-0.240.16-0.24
0.710.780.130.60.070.060.040.4-0.26-0.770.260.550.320.311.00.41-0.140.48-0.120.97-0.21-0.22-0.460.3-0.25
0.890.550.280.580.390.670.40.780.490.0-0.110.160.320.660.320.890.470.780.290.460.39-0.430.080.40.29
0.650.210.590.420.750.70.450.580.120.09-0.550.00.310.660.310.770.670.560.080.420.52-0.450.020.530.55
0.710.780.130.60.070.060.040.4-0.26-0.770.260.551.00.320.310.41-0.140.48-0.120.97-0.21-0.22-0.460.3-0.25
0.870.570.460.550.510.610.440.710.34-0.04-0.20.040.410.890.770.410.450.740.210.570.37-0.540.070.530.28
0.3-0.250.810.380.90.920.630.440.610.59-0.85-0.17-0.140.470.67-0.140.450.540.580.040.94-0.690.230.710.98
0.820.520.60.630.550.680.310.660.580.1-0.240.270.480.780.560.480.740.540.580.630.54-0.690.160.690.41
0.180.020.60.10.40.560.170.160.870.57-0.31-0.14-0.120.290.08-0.120.210.580.580.060.67-0.540.470.510.58
0.810.820.280.650.210.250.120.5-0.05-0.620.170.50.970.460.420.970.570.040.630.06-0.03-0.38-0.340.45-0.1
0.21-0.310.820.360.880.880.620.420.670.68-0.85-0.2-0.210.390.52-0.210.370.940.540.67-0.03-0.770.460.730.93
-0.46-0.08-0.82-0.69-0.81-0.75-0.66-0.52-0.54-0.310.63-0.03-0.22-0.43-0.45-0.22-0.54-0.69-0.69-0.54-0.38-0.77-0.12-0.94-0.67
-0.14-0.260.23-0.380.170.25-0.060.090.460.66-0.25-0.24-0.460.080.02-0.460.070.230.160.47-0.340.46-0.120.080.22
0.470.070.860.60.830.770.60.550.450.26-0.650.160.30.40.530.30.530.710.690.510.450.73-0.940.080.69
0.12-0.420.820.30.890.840.640.30.560.65-0.91-0.24-0.250.290.55-0.250.280.980.410.58-0.10.93-0.670.220.69
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National Research Account Relationship Matchups

National Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.7M133.4M157.5M130.5M122.4M80.7M
Total Stockholder Equity32.9M64.3M85.3M72.0M49.0M45.4M
Other Assets5.4M8.9M9.8M5.7M6.6M6.9M
Common Stock Shares Outstanding25.7M25.7M25.6M25.1M24.7M14.8M
Liabilities And Stockholders Equity110.7M133.4M157.5M130.5M122.4M80.7M
Other Stockholder Equity128.4M128.1M123.8M97.2M79.5M83.4M
Total Liab77.8M69.1M72.2M58.4M73.5M77.2M
Other Current Liab12.2M10.9M11.5M8.6M12.3M6.8M
Total Current Liabilities38.2M31.7M40.4M33.4M36.2M23.7M
Property Plant And Equipment Net13.5M11.7M12.4M17.2M30.3M31.8M
Net Debt20.7M(4.1M)(27.8M)(2.8M)32.3M33.9M
Retained Earnings(93.4M)(61.4M)(36.1M)(25.2M)(30.5M)(29.0M)
Accounts Payable4.9M1.1M7.4M5.1M1.3M1.2M
Cash13.5M34.7M54.4M25.0M6.7M6.3M
Non Current Assets Total81.5M79.3M83.8M86.7M98.1M58.5M
Non Currrent Assets Other10.1M10.3M9.8M7.9M4.7M4.5M
Cash And Short Term Investments13.5M34.7M54.4M25.0M6.7M6.3M
Net Receivables11.7M15.2M14.5M14.5M12.6M9.2M
Non Current Liabilities Total39.6M37.4M31.8M25.0M37.3M39.1M
Other Current Assets3.9M4.3M4.9M4.2M5.1M3.7M
Property Plant And Equipment Gross15.2M13.0M46.6M17.2M65.9M69.2M
Total Current Assets29.2M54.1M73.7M43.7M24.4M30.4M
Accumulated Other Comprehensive Income(1.6M)(2.9M)(2.2M)(2.4M)(2.4M)0.0
Short Long Term Debt Total34.7M30.6M26.5M22.2M39.0M40.9M
Intangible Assets1.7M1.4M1.8M1.6M1.5M1.4M
Short Term Debt4.4M4.1M4.3M4.5M7.8M8.2M
Other Liab8.1M10.9M9.5M6.9M8.0M8.4M
Long Term Debt29.8M26.5M22.3M17.7M29.5M30.9M
Treasury Stock(33.7M)(43.7M)(50.1M)(78.3M)(70.4M)(66.9M)
Property Plant Equipment13.5M11.7M12.4M17.2M19.8M14.1M
Current Deferred Revenue16.6M15.6M17.2M15.2M14.8M14.4M
Good Will57.8M57.9M57.3M61.6M55.5M52.7M
Retained Earnings Total Equity(93.4M)(61.4M)(36.1M)(25.2M)(22.7M)(21.5M)
Deferred Long Term Liab4.2M4.6M3.8M5.3M4.7M3.4M
Net Tangible Assets32.9M64.3M23.7M8.8M10.1M9.6M
Capital Surpluse162.2M171.8M173.9M175.5M201.8M110.9M

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When determining whether National Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Research'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 Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Research Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Health Care Providers & 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 National Research. 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 Research 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
(0.25)
Dividend Share
0.48
Earnings Share
1.12
Revenue Per Share
6.013
Quarterly Revenue Growth
(0.06)
The market value of National Research Corp 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 Research's value that differs from its market value or its book value, called intrinsic value, which is National Research'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 Research's market value can be influenced by many factors that don't directly affect National Research'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 Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Research'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.