NetScout Retained Earnings vs Total Liab 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 Retained Earnings and its Total Liab 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.

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetScout Systems Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between NetScout Systems' Retained Earnings and Total Liab is 0.74. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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' Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of NetScout Systems are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., NetScout Systems' Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Profit641.4M691.4M591.6M360.9M
Total Revenue855.6M914.5M829.5M491.0M

NetScout Systems fundamental ratios Correlations

0.920.970.990.790.350.770.820.751.00.740.870.940.980.930.810.770.940.980.230.970.460.690.930.24-0.74
0.920.940.920.830.170.810.750.720.910.550.830.810.870.80.760.720.860.870.190.890.420.490.860.22-0.71
0.970.940.980.820.160.860.760.780.960.650.90.880.960.830.750.750.910.920.270.970.560.670.950.21-0.76
0.990.920.980.790.280.770.820.740.990.710.860.930.980.890.80.780.950.950.270.960.460.680.940.23-0.73
0.790.830.820.790.140.760.410.770.790.710.790.660.720.720.430.350.720.780.330.770.410.710.84-0.19-0.84
0.350.170.160.280.140.060.47-0.120.380.340.050.450.340.590.450.340.20.48-0.410.23-0.040.150.120.280.06
0.770.810.860.770.760.060.480.730.750.460.840.640.770.630.460.50.650.740.150.810.670.580.810.06-0.74
0.820.750.760.820.410.470.480.360.820.380.560.870.840.780.990.970.790.8-0.020.770.390.290.610.67-0.27
0.750.720.780.740.77-0.120.730.360.730.70.920.570.720.690.380.330.770.740.520.820.440.750.82-0.14-0.93
1.00.910.960.990.790.380.750.820.730.750.840.940.980.930.810.770.950.980.230.950.430.680.920.22-0.73
0.740.550.650.710.710.340.460.380.70.750.650.620.690.780.390.230.710.760.280.650.130.840.74-0.32-0.75
0.870.830.90.860.790.050.840.560.920.840.650.720.840.790.560.550.790.860.270.950.510.70.880.09-0.81
0.940.810.880.930.660.450.640.870.570.940.620.720.960.880.820.830.90.910.210.90.50.620.840.4-0.56
0.980.870.960.980.720.340.770.840.720.980.690.840.960.90.810.790.930.960.240.960.550.690.90.32-0.69
0.930.80.830.890.720.590.630.780.690.930.780.790.880.90.770.670.860.980.120.880.340.660.790.23-0.67
0.810.760.750.80.430.450.460.990.380.810.390.560.820.810.770.940.790.79-0.010.750.360.290.590.63-0.29
0.770.720.750.780.350.340.50.970.330.770.230.550.830.790.670.940.750.720.040.750.450.240.60.73-0.24
0.940.860.910.950.720.20.650.790.770.950.710.790.90.930.860.790.750.90.460.90.440.680.880.25-0.76
0.980.870.920.950.780.480.740.80.740.980.760.860.910.960.980.790.720.90.160.950.420.690.870.24-0.72
0.230.190.270.270.33-0.410.15-0.020.520.230.280.270.210.240.12-0.010.040.460.160.240.260.450.44-0.23-0.61
0.970.890.970.960.770.230.810.770.820.950.650.950.90.960.880.750.750.90.950.240.550.680.920.28-0.73
0.460.420.560.460.41-0.040.670.390.440.430.130.510.50.550.340.360.450.440.420.260.550.520.470.33-0.38
0.690.490.670.680.710.150.580.290.750.680.840.70.620.690.660.290.240.680.690.450.680.520.77-0.2-0.79
0.930.860.950.940.840.120.810.610.820.920.740.880.840.90.790.590.60.880.870.440.920.470.77-0.01-0.85
0.240.220.210.23-0.190.280.060.67-0.140.22-0.320.090.40.320.230.630.730.250.24-0.230.280.33-0.2-0.010.3
-0.74-0.71-0.76-0.73-0.840.06-0.74-0.27-0.93-0.73-0.75-0.81-0.56-0.69-0.67-0.29-0.24-0.76-0.72-0.61-0.73-0.38-0.79-0.850.3
Click cells to compare fundamentals

NetScout Systems Account Relationship Matchups

NetScout Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.1B3.2B2.8B2.6B1.4B
Other Current Liab98.4M111.2M111.1M114.0M66.8M48.8M
Total Current Liabilities399.0M411.3M475.1M453.6M395.1M220.3M
Total Stockholder Equity1.9B2.0B2.1B2.0B1.9B948.4M
Property Plant And Equipment Net126.3M110.0M96.3M86.2M69.0M39.0M
Net Debt192.5M(43.6M)(220.8M)(226.3M)(239.6M)(227.6M)
Retained Earnings355.3M374.7M411.7M470.2M322.5M205.3M
Accounts Payable20.0M18.0M22.0M16.5M14.5M13.8M
Cash338.5M467.2M636.2M386.8M389.7M409.2M
Non Current Assets Total2.5B2.4B2.3B2.2B1.9B1.0B
Non Currrent Assets Other17.8M23.2M13.0M12.5M10.6M5.4M
Cash And Short Term Investments386.5M476.5M703.2M419.0M423.1M251.6M
Net Receivables213.5M197.7M148.2M143.9M192.1M106.0M
Common Stock Shares Outstanding75.2M73.8M75.1M73.0M71.5M55.3M
Liabilities And Stockholders Equity3.1B3.1B3.2B2.8B2.6B1.4B
Non Current Liabilities Total783.6M668.0M658.2M337.3M308.2M309.8M
Inventory22.2M22.8M28.2M18.0M14.1M16.0M
Other Current Assets37.5M25.5M49.3M36.6M43.2M28.1M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B1.6B
Total Liab1.2B1.1B1.1B790.9M703.2M494.3M
Property Plant And Equipment Gross126.3M110.0M96.3M86.2M312.1M327.7M
Total Current Assets659.7M722.5M921.9M617.4M672.5M401.5M
Accumulated Other Comprehensive Income(3.2M)(1.9M)141K5.7M3.6M3.8M
Common Stock122K124K126K128K131K137.6K
Other Assets24.2M24.0M23.2M19.9M22.8M17.0M
Common Stock Total Equity122K124K126K128K147.2K74.2K
Short Term Investments48.0M9.3M67.0M32.2M33.5M64.3M
Treasury Stock(1.1B)(1.3B)(1.3B)(1.4B)(1.2B)(1.2B)
Property Plant Equipment57.7M48.5M96.3M34.7M39.9M30.6M
Current Deferred Revenue270.3M269.7M330.6M311.5M301.8M161.3M
Intangible Assets582.2M511.9M433.4M366.6M308.7M288.9M
Good Will1.7B1.7B1.7B1.7B1.5B835.0M
Other Liab274.6M262.9M256.7M254.2M292.4M307.0M
Short Long Term Debt Total531.0M423.6M415.3M160.5M150.1M142.6M
Long Term Debt550M450M350M100M115M223.8M
Net Tangible Assets(369.9M)(223.6M)(95.1M)(61.3M)(55.2M)(58.0M)
Retained Earnings Total Equity355.3M374.7M410.6M470.2M540.7M356.6M
Capital Surpluse2.9B3.0B3.0B3.1B3.6B2.2B
Deferred Long Term Liab148.7M131.8M113.6M51.0M58.6M55.7M

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