NetSol Tax Provision vs Minority Interest Analysis
NTWK Stock | USD 2.62 0.02 0.77% |
NetSol Technologies financial indicator trend analysis is infinitely more than just investigating NetSol Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSol Technologies is a good investment. Please check the relationship between NetSol Technologies Tax Provision and its Minority Interest accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.
Tax Provision vs Minority Interest
Tax Provision vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetSol Technologies Tax Provision account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NetSol Technologies' Tax Provision and Minority Interest is 0.19. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Minority Interest in the same time period over historical financial statements of NetSol Technologies, assuming nothing else is changed. The correlation between historical values of NetSol Technologies' Tax Provision and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of NetSol Technologies are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Tax Provision i.e., NetSol Technologies' Tax Provision and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of NetSol Technologies whose combined shares represent less than 50% of the total outstanding shares issued by NetSol Technologies have a minority interest in NetSol Technologies.Most indicators from NetSol Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetSol Technologies 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 NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.At this time, NetSol Technologies' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.24 this year, although the value of Tax Provision will most likely fall to about 1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 16.9M | 29.3M | 18.1M | Total Revenue | 57.2M | 52.4M | 61.4M | 38.5M |
NetSol Technologies fundamental ratios Correlations
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NetSol Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NetSol Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Short Long Term Debt Total | 13.1M | 13.5M | 10.0M | 7.1M | 7.7M | 7.4M | |
Other Current Liab | 4.4M | 8.4M | 7.7M | 8.0M | 5.3M | 3.5M | |
Total Current Liabilities | 20.1M | 23.5M | 20.8M | 20.8M | 23.9M | 14.7M | |
Total Stockholder Equity | 59.0M | 54.7M | 45.4M | 33.8M | 34.8M | 41.7M | |
Net Debt | (7.0M) | (20.2M) | (13.9M) | (8.4M) | (11.5M) | (10.9M) | |
Retained Earnings | (34.3M) | (38.8M) | (39.7M) | (44.9M) | (44.2M) | (46.4M) | |
Non Current Assets Total | 36.6M | 31.0M | 23.2M | 16.8M | 16.7M | 15.9M | |
Non Currrent Assets Other | 42.0K | 55.1K | 879.1K | 6.9K | 986.4K | 1.0M | |
Common Stock Shares Outstanding | 11.8M | 11.5M | 11.3M | 11.3M | 11.4M | 6.3M | |
Liabilities And Stockholders Equity | 88.5M | 86.6M | 72.6M | 58.4M | 64.2M | 65.5M | |
Other Stockholder Equity | 127.2M | 125.2M | 124.3M | 124.6M | 124.9M | 91.3M | |
Total Liab | 23.0M | 24.7M | 21.8M | 21.6M | 24.7M | 16.3M | |
Short Term Debt | 10.3M | 13.2M | 9.9M | 7.0M | 7.5M | 6.1M | |
Common Stock | 121.2K | 121.8K | 122.0K | 122.9K | 123.6K | 90.7K | |
Property Plant And Equipment Net | 13.7M | 13.4M | 10.4M | 7.3M | 6.4M | 12.4M | |
Accounts Payable | 1.4M | 1.1M | 1.2M | 1.1M | 1.4M | 1.8M | |
Net Receivables | 29.9M | 18.9M | 23.2M | 24.1M | 26.0M | 17.7M | |
Non Current Liabilities Total | 2.9M | 1.3M | 923.5K | 828.4K | 784.5K | 1.2M | |
Other Current Assets | 163.2K | 3.0M | 2.2M | 2.0M | 2.9M | 3.0M | |
Property Plant And Equipment Gross | 13.7M | 13.4M | 24.4M | 18.7M | 18.9M | 13.9M | |
Total Current Assets | 51.9M | 55.6M | 49.4M | 41.6M | 47.5M | 32.9M | |
Accumulated Other Comprehensive Income | (34.1M) | (31.9M) | (39.4M) | (46.0M) | (45.9M) | (43.6M) | |
Intangible Assets | 5.4M | 3.9M | 1.6M | 127.9K | 147.1K | 139.8K | |
Cash | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.0M | |
Other Assets | 5.6M | 1.0M | 879.1K | 6.9K | 8.0K | 7.6K | |
Long Term Debt | 67.1K | 1.4M | 594.1K | 12.9K | 11.6K | 11.0K | |
Cash And Short Term Investments | 20.2M | 33.7M | 24.0M | 15.5M | 19.1M | 11.1M | |
Common Stock Total Equity | 117.1K | 119.1K | 121.2K | 121.8K | 140.1K | 88.3K | |
Property Plant Equipment | 13.7M | 13.4M | 10.4M | 7.3M | 8.4M | 13.1M | |
Inventory | 1.7M | 2.6M | 1.9M | 1.7M | (559.2K) | (531.3K) | |
Current Deferred Revenue | 4.1M | 4.6M | 4.9M | 7.9M | 8.8M | 4.8M | |
Net Tangible Assets | 44.1M | 41.2M | 34.5M | 24.4M | 28.0M | 37.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Application Software 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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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 (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.