NetScout Current Deferred Revenue vs Property Plant Equipment Analysis

NTCT Stock

USD 22.67 1.65 7.85%

NetScout Systems financial indicator trend analysis is infinitely more than just investigating NetScout Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetScout Systems is a good investment. Please check the relationship between NetScout Systems Current Deferred Revenue and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetScout Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetScout Systems Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.

The correlation between NetScout Systems' Current Deferred Revenue and Property Plant Equipment is 0.85. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of NetScout Systems, assuming nothing else is changed. The correlation between historical values of NetScout Systems' Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of NetScout Systems are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., NetScout Systems' Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from NetScout Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetScout Systems 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 NetScout Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.Tax Provision is likely to gain to about 3.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 69.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	641.4M	691.4M	591.6M	360.9M
Total Revenue	855.6M	914.5M	829.5M	491.0M

Gross Profit Total Revenue

NetScout Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Assets	Common Stock Total Equity	Short Term Investments	Treasury Stock
Total Assets		0.92	0.97	0.99	0.79	0.35	0.77	0.82	0.75	1.0	0.74	0.87	0.94	0.98	0.93	0.81	0.77	0.94	0.98	0.23	0.97	0.46	0.69	0.93	0.24	-0.74
Other Current Liab	0.92		0.94	0.92	0.83	0.17	0.81	0.75	0.72	0.91	0.55	0.83	0.81	0.87	0.8	0.76	0.72	0.86	0.87	0.19	0.89	0.42	0.49	0.86	0.22	-0.71
Total Current Liabilities	0.97	0.94		0.98	0.82	0.16	0.86	0.76	0.78	0.96	0.65	0.9	0.88	0.96	0.83	0.75	0.75	0.91	0.92	0.27	0.97	0.56	0.67	0.95	0.21	-0.76
Total Stockholder Equity	0.99	0.92	0.98		0.79	0.28	0.77	0.82	0.74	0.99	0.71	0.86	0.93	0.98	0.89	0.8	0.78	0.95	0.95	0.27	0.96	0.46	0.68	0.94	0.23	-0.73
Property Plant And Equipment Net	0.79	0.83	0.82	0.79		0.14	0.76	0.41	0.77	0.79	0.71	0.79	0.66	0.72	0.72	0.43	0.35	0.72	0.78	0.33	0.77	0.41	0.71	0.84	-0.19	-0.84
Net Debt	0.35	0.17	0.16	0.28	0.14		0.06	0.47	-0.12	0.38	0.34	0.05	0.45	0.34	0.59	0.45	0.34	0.2	0.48	-0.41	0.23	-0.04	0.15	0.12	0.28	0.06
Retained Earnings	0.77	0.81	0.86	0.77	0.76	0.06		0.48	0.73	0.75	0.46	0.84	0.64	0.77	0.63	0.46	0.5	0.65	0.74	0.15	0.81	0.67	0.58	0.81	0.06	-0.74
Accounts Payable	0.82	0.75	0.76	0.82	0.41	0.47	0.48		0.36	0.82	0.38	0.56	0.87	0.84	0.78	0.99	0.97	0.79	0.8	-0.02	0.77	0.39	0.29	0.61	0.67	-0.27
Cash	0.75	0.72	0.78	0.74	0.77	-0.12	0.73	0.36		0.73	0.7	0.92	0.57	0.72	0.69	0.38	0.33	0.77	0.74	0.52	0.82	0.44	0.75	0.82	-0.14	-0.93
Non Current Assets Total	1.0	0.91	0.96	0.99	0.79	0.38	0.75	0.82	0.73		0.75	0.84	0.94	0.98	0.93	0.81	0.77	0.95	0.98	0.23	0.95	0.43	0.68	0.92	0.22	-0.73
Non Currrent Assets Other	0.74	0.55	0.65	0.71	0.71	0.34	0.46	0.38	0.7	0.75		0.65	0.62	0.69	0.78	0.39	0.23	0.71	0.76	0.28	0.65	0.13	0.84	0.74	-0.32	-0.75
Cash And Short Term Investments	0.87	0.83	0.9	0.86	0.79	0.05	0.84	0.56	0.92	0.84	0.65		0.72	0.84	0.79	0.56	0.55	0.79	0.86	0.27	0.95	0.51	0.7	0.88	0.09	-0.81
Net Receivables	0.94	0.81	0.88	0.93	0.66	0.45	0.64	0.87	0.57	0.94	0.62	0.72		0.96	0.88	0.82	0.83	0.9	0.91	0.21	0.9	0.5	0.62	0.84	0.4	-0.56
Common Stock Shares Outstanding	0.98	0.87	0.96	0.98	0.72	0.34	0.77	0.84	0.72	0.98	0.69	0.84	0.96		0.9	0.81	0.79	0.93	0.96	0.24	0.96	0.55	0.69	0.9	0.32	-0.69
Non Current Liabilities Total	0.93	0.8	0.83	0.89	0.72	0.59	0.63	0.78	0.69	0.93	0.78	0.79	0.88	0.9		0.77	0.67	0.86	0.98	0.12	0.88	0.34	0.66	0.79	0.23	-0.67
Inventory	0.81	0.76	0.75	0.8	0.43	0.45	0.46	0.99	0.38	0.81	0.39	0.56	0.82	0.81	0.77		0.94	0.79	0.79	-0.01	0.75	0.36	0.29	0.59	0.63	-0.29
Other Current Assets	0.77	0.72	0.75	0.78	0.35	0.34	0.5	0.97	0.33	0.77	0.23	0.55	0.83	0.79	0.67	0.94		0.75	0.72	0.04	0.75	0.45	0.24	0.6	0.73	-0.24
Other Stockholder Equity	0.94	0.86	0.91	0.95	0.72	0.2	0.65	0.79	0.77	0.95	0.71	0.79	0.9	0.93	0.86	0.79	0.75		0.9	0.46	0.9	0.44	0.68	0.88	0.25	-0.76
Total Liab	0.98	0.87	0.92	0.95	0.78	0.48	0.74	0.8	0.74	0.98	0.76	0.86	0.91	0.96	0.98	0.79	0.72	0.9		0.16	0.95	0.42	0.69	0.87	0.24	-0.72
Property Plant And Equipment Gross	0.23	0.19	0.27	0.27	0.33	-0.41	0.15	-0.02	0.52	0.23	0.28	0.27	0.21	0.24	0.12	-0.01	0.04	0.46	0.16		0.24	0.26	0.45	0.44	-0.23	-0.61
Total Current Assets	0.97	0.89	0.97	0.96	0.77	0.23	0.81	0.77	0.82	0.95	0.65	0.95	0.9	0.96	0.88	0.75	0.75	0.9	0.95	0.24		0.55	0.68	0.92	0.28	-0.73
Common Stock	0.46	0.42	0.56	0.46	0.41	-0.04	0.67	0.39	0.44	0.43	0.13	0.51	0.5	0.55	0.34	0.36	0.45	0.44	0.42	0.26	0.55		0.52	0.47	0.33	-0.38
Other Assets	0.69	0.49	0.67	0.68	0.71	0.15	0.58	0.29	0.75	0.68	0.84	0.7	0.62	0.69	0.66	0.29	0.24	0.68	0.69	0.45	0.68	0.52		0.77	-0.2	-0.79
Common Stock Total Equity	0.93	0.86	0.95	0.94	0.84	0.12	0.81	0.61	0.82	0.92	0.74	0.88	0.84	0.9	0.79	0.59	0.6	0.88	0.87	0.44	0.92	0.47	0.77		-0.01	-0.85
Short Term Investments	0.24	0.22	0.21	0.23	-0.19	0.28	0.06	0.67	-0.14	0.22	-0.32	0.09	0.4	0.32	0.23	0.63	0.73	0.25	0.24	-0.23	0.28	0.33	-0.2	-0.01		0.3
Treasury Stock	-0.74	-0.71	-0.76	-0.73	-0.84	0.06	-0.74	-0.27	-0.93	-0.73	-0.75	-0.81	-0.56	-0.69	-0.67	-0.29	-0.24	-0.76	-0.72	-0.61	-0.73	-0.38	-0.79	-0.85	0.3

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NetScout Systems Account Relationship Matchups

NetScout Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.1B	3.2B	2.8B	2.6B	1.4B
Other Current Liab	98.4M	111.2M	111.1M	114.0M	66.8M	48.8M
Total Current Liabilities	399.0M	411.3M	475.1M	453.6M	395.1M	220.3M
Total Stockholder Equity	1.9B	2.0B	2.1B	2.0B	1.9B	948.4M
Property Plant And Equipment Net	126.3M	110.0M	96.3M	86.2M	69.0M	39.0M
Net Debt	192.5M	(43.6M)	(220.8M)	(226.3M)	(239.6M)	(227.6M)
Retained Earnings	355.3M	374.7M	411.7M	470.2M	322.5M	205.3M
Accounts Payable	20.0M	18.0M	22.0M	16.5M	14.5M	13.8M
Cash	338.5M	467.2M	636.2M	386.8M	389.7M	409.2M
Non Current Assets Total	2.5B	2.4B	2.3B	2.2B	1.9B	1.0B
Non Currrent Assets Other	17.8M	23.2M	13.0M	12.5M	10.6M	5.4M
Cash And Short Term Investments	386.5M	476.5M	703.2M	419.0M	423.1M	251.6M
Net Receivables	213.5M	197.7M	148.2M	143.9M	192.1M	106.0M
Common Stock Shares Outstanding	75.2M	73.8M	75.1M	73.0M	71.5M	55.3M
Liabilities And Stockholders Equity	3.1B	3.1B	3.2B	2.8B	2.6B	1.4B
Non Current Liabilities Total	783.6M	668.0M	658.2M	337.3M	308.2M	309.8M
Inventory	22.2M	22.8M	28.2M	18.0M	14.1M	16.0M
Other Current Assets	37.5M	25.5M	49.3M	36.6M	43.2M	28.1M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B
Total Liab	1.2B	1.1B	1.1B	790.9M	703.2M	494.3M
Property Plant And Equipment Gross	126.3M	110.0M	96.3M	86.2M	312.1M	327.7M
Total Current Assets	659.7M	722.5M	921.9M	617.4M	672.5M	401.5M
Accumulated Other Comprehensive Income	(3.2M)	(1.9M)	141K	5.7M	3.6M	3.8M
Common Stock	122K	124K	126K	128K	131K	137.6K
Other Assets	24.2M	24.0M	23.2M	19.9M	22.8M	17.0M
Common Stock Total Equity	122K	124K	126K	128K	147.2K	74.2K
Short Term Investments	48.0M	9.3M	67.0M	32.2M	33.5M	64.3M
Treasury Stock	(1.1B)	(1.3B)	(1.3B)	(1.4B)	(1.2B)	(1.2B)
Property Plant Equipment	57.7M	48.5M	96.3M	34.7M	39.9M	30.6M
Current Deferred Revenue	270.3M	269.7M	330.6M	311.5M	301.8M	161.3M
Intangible Assets	582.2M	511.9M	433.4M	366.6M	308.7M	288.9M
Good Will	1.7B	1.7B	1.7B	1.7B	1.5B	835.0M
Other Liab	274.6M	262.9M	256.7M	254.2M	292.4M	307.0M
Short Long Term Debt Total	531.0M	423.6M	415.3M	160.5M	150.1M	142.6M
Long Term Debt	550M	450M	350M	100M	115M	223.8M
Net Tangible Assets	(369.9M)	(223.6M)	(95.1M)	(61.3M)	(55.2M)	(58.0M)
Retained Earnings Total Equity	355.3M	374.7M	410.6M	470.2M	540.7M	356.6M
Capital Surpluse	2.9B	3.0B	3.0B	3.1B	3.6B	2.2B
Deferred Long Term Liab	148.7M	131.8M	113.6M	51.0M	58.6M	55.7M

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