NETCLASS Non Current Assets Total vs Total Current Assets Analysis

NTCL Stock   1.91  0.06  3.05%   
NETCLASS TECHNOLOGY financial indicator trend analysis is infinitely more than just investigating NETCLASS TECHNOLOGY INC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NETCLASS TECHNOLOGY INC is a good investment. Please check the relationship between NETCLASS TECHNOLOGY Non Current Assets Total and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NETCLASS TECHNOLOGY INC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NETCLASS TECHNOLOGY INC Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between NETCLASS TECHNOLOGY's Non Current Assets Total and Total Current Assets is -0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of NETCLASS TECHNOLOGY INC, assuming nothing else is changed. The correlation between historical values of NETCLASS TECHNOLOGY's Non Current Assets Total and Total Current 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 Non Current Assets Total of NETCLASS TECHNOLOGY INC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., NETCLASS TECHNOLOGY's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from NETCLASS TECHNOLOGY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NETCLASS TECHNOLOGY INC 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 NETCLASS TECHNOLOGY INC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.
At this time, NETCLASS TECHNOLOGY's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.09 this year, although the value of Selling General Administrative will most likely fall to about 721.4 K.
 2022 2023 2024 2025 (projected)
Gross Profit2.4M2.3M2.7M2.8M
Total Revenue11.1M10.1M11.6M9.9M

NETCLASS TECHNOLOGY fundamental ratios Correlations

-0.910.530.780.85-0.89-0.420.10.780.16-0.9-0.870.160.90.81-0.750.780.060.990.751.0-0.89-0.760.73-0.670.91
-0.91-0.23-0.56-0.90.970.63-0.27-0.57-0.370.990.95-0.37-0.85-0.740.91-0.530.06-0.88-0.52-0.920.860.91-0.710.79-0.87
0.53-0.230.780.14-0.260.47-0.560.74-0.65-0.23-0.1-0.650.430.60.080.80.10.580.80.5-0.560.070.32-0.360.46
0.78-0.560.780.33-0.52-0.02-0.481.0-0.19-0.53-0.56-0.190.820.81-0.310.82-0.30.761.00.76-0.74-0.30.24-0.460.62
0.85-0.90.140.33-0.9-0.620.570.320.4-0.9-0.830.40.660.53-0.870.470.340.850.280.86-0.71-0.890.89-0.620.85
-0.890.97-0.26-0.52-0.90.48-0.36-0.51-0.210.990.85-0.21-0.85-0.690.93-0.440.01-0.85-0.47-0.90.770.93-0.70.83-0.94
-0.420.630.47-0.02-0.620.48-0.5-0.07-0.960.570.79-0.96-0.37-0.250.69-0.070.07-0.390.02-0.440.390.7-0.40.23-0.29
0.1-0.27-0.56-0.480.57-0.36-0.5-0.480.5-0.33-0.250.50.02-0.2-0.56-0.360.410.08-0.530.140.17-0.590.41-0.070.3
0.78-0.570.741.00.32-0.51-0.07-0.48-0.13-0.53-0.58-0.130.820.8-0.320.82-0.330.751.00.76-0.74-0.310.23-0.440.6
0.16-0.37-0.65-0.190.4-0.21-0.960.5-0.13-0.3-0.591.00.120.02-0.48-0.12-0.070.13-0.220.18-0.14-0.490.210.020.02
-0.90.99-0.23-0.53-0.90.990.57-0.33-0.53-0.30.91-0.3-0.86-0.720.94-0.460.05-0.86-0.49-0.910.80.94-0.70.83-0.92
-0.870.95-0.1-0.56-0.830.850.79-0.25-0.58-0.590.91-0.59-0.82-0.710.87-0.520.14-0.83-0.52-0.880.810.87-0.610.63-0.74
0.16-0.37-0.65-0.190.4-0.21-0.960.5-0.131.0-0.3-0.590.120.02-0.48-0.12-0.070.13-0.220.18-0.14-0.490.210.020.02
0.9-0.850.430.820.66-0.85-0.370.020.820.12-0.86-0.820.120.83-0.780.56-0.340.830.790.9-0.72-0.770.38-0.70.88
0.81-0.740.60.810.53-0.69-0.25-0.20.80.02-0.72-0.710.020.83-0.560.63-0.320.780.790.79-0.77-0.550.44-0.80.75
-0.750.910.08-0.31-0.870.930.69-0.56-0.32-0.480.940.87-0.48-0.78-0.56-0.180.12-0.68-0.26-0.770.571.0-0.560.72-0.83
0.78-0.530.80.820.47-0.44-0.07-0.360.82-0.12-0.46-0.52-0.120.560.63-0.180.230.830.830.76-0.82-0.20.6-0.290.53
0.060.060.1-0.30.340.010.070.41-0.33-0.070.050.14-0.07-0.34-0.320.120.230.17-0.30.05-0.030.060.630.250.04
0.99-0.880.580.760.85-0.85-0.390.080.750.13-0.86-0.830.130.830.78-0.680.830.170.730.99-0.9-0.70.79-0.630.88
0.75-0.520.81.00.28-0.470.02-0.531.0-0.22-0.49-0.52-0.220.790.79-0.260.83-0.30.730.73-0.72-0.250.22-0.430.58
1.0-0.920.50.760.86-0.9-0.440.140.760.18-0.91-0.880.180.90.79-0.770.760.050.990.73-0.87-0.780.73-0.670.92
-0.890.86-0.56-0.74-0.710.770.390.17-0.74-0.140.80.81-0.14-0.72-0.770.57-0.82-0.03-0.9-0.72-0.870.57-0.720.69-0.7
-0.760.910.07-0.3-0.890.930.7-0.59-0.31-0.490.940.87-0.49-0.77-0.551.0-0.20.06-0.7-0.25-0.780.57-0.60.7-0.84
0.73-0.710.320.240.89-0.7-0.40.410.230.21-0.7-0.610.210.380.44-0.560.60.630.790.220.73-0.72-0.6-0.50.67
-0.670.79-0.36-0.46-0.620.830.23-0.07-0.440.020.830.630.02-0.7-0.80.72-0.290.25-0.63-0.43-0.670.690.7-0.5-0.78
0.91-0.870.460.620.85-0.94-0.290.30.60.02-0.92-0.740.020.880.75-0.830.530.040.880.580.92-0.7-0.840.67-0.78
Click cells to compare fundamentals

NETCLASS TECHNOLOGY Account Relationship Matchups

NETCLASS TECHNOLOGY fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.2M4.4M6.5M7.2M8.3M5.8M
Short Long Term Debt Total98.6K130.9K54.4K13.1K11.8K11.2K
Other Current Liab587.1K801.6K889.2K951.4K1.1M905.4K
Total Current Liabilities1.7M1.9M2.1M4.2M4.8M2.7M
Total Stockholder Equity2.5M2.4M4.4M3.0M3.4M3.0M
Property Plant And Equipment Net281.2K145.5K103.2K52.8K47.5K45.2K
Net Debt(943.4K)(77.3K)(470.2K)(397.6K)(357.8K)(375.7K)
Retained Earnings(424.3K)(291.6K)(129.4K)(1.7M)(1.5M)(1.4M)
Accounts Payable1.0M1.0M1.2M2.9M3.3M1.6M
Cash1.0M208.2K524.6K410.7K369.6K398.7K
Non Current Assets Total381.3K330.3K226.6K141.3K127.1K120.8K
Non Currrent Assets Other100.1K184.8K123.4K88.4K79.6K110.0K
Cash And Short Term Investments1.0M208.2K524.6K410.7K369.6K398.7K
Net Receivables2.5M3.4M2.3M5.3M6.1M3.3M
Liabilities And Stockholders Equity4.2M4.4M6.5M7.2M8.3M5.8M
Inventory249.2K94.6K1.1M1.2M1.4M715.7K
Other Current Assets34.0K353.8K2.4M184.0K211.6K201.0K
Total Liab1.7M1.9M2.1M4.2M4.8M2.7M
Total Current Assets3.8M4.0M6.3M7.1M8.2M5.4M
Accumulated Other Comprehensive Income24.8K(223.3K)(252.8K)(186.1K)(167.5K)(175.9K)
Short Term Debt98.6K130.9K41.7K13.1K11.8K11.2K

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When determining whether NETCLASS TECHNOLOGY INC is a strong investment it is important to analyze NETCLASS TECHNOLOGY's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NETCLASS TECHNOLOGY's future performance. For an informed investment choice regarding NETCLASS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NETCLASS TECHNOLOGY INC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Consumer 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 NETCLASS TECHNOLOGY. If investors know NETCLASS 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 NETCLASS TECHNOLOGY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.753
Quarterly Revenue Growth
0.156
The market value of NETCLASS TECHNOLOGY INC is measured differently than its book value, which is the value of NETCLASS that is recorded on the company's balance sheet. Investors also form their own opinion of NETCLASS TECHNOLOGY's value that differs from its market value or its book value, called intrinsic value, which is NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY's market value can be influenced by many factors that don't directly affect NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if NETCLASS TECHNOLOGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NETCLASS TECHNOLOGY'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.