NAURA Other Assets vs Net Debt Analysis

002371 Stock   450.96  3.46  0.76%   
NAURA Technology financial indicator trend analysis is infinitely more than just investigating NAURA Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NAURA Technology is a good investment. Please check the relationship between NAURA Technology Other Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NAURA Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NAURA Technology Other Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between NAURA Technology's Other Assets and Net Debt is 0.23. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of NAURA Technology Group, assuming nothing else is changed. The correlation between historical values of NAURA Technology's Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of NAURA Technology Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., NAURA Technology's Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from NAURA Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NAURA Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in NAURA Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 857.8 M, whereas Selling General Administrative is forecasted to decline to about 452.8 M.
 2022 2023 2024 2025 (projected)
Income Before Tax2.9B4.5B6.5B6.8B
Cost Of Revenue8.2B13.1B17.1B17.9B

NAURA Technology fundamental ratios Correlations

0.940.411.01.00.980.89-0.710.970.970.981.00.810.990.950.971.00.90.971.01.00.821.00.51-0.280.88
0.940.30.930.920.960.83-0.450.970.930.870.950.830.90.830.950.960.880.840.940.930.930.930.4-0.330.74
0.410.30.430.390.350.0-0.530.240.310.490.360.030.440.610.420.360.330.490.430.420.050.40.41-0.210.43
1.00.930.430.990.980.89-0.720.960.970.970.990.80.990.960.970.990.890.971.01.00.821.00.53-0.240.9
1.00.920.390.990.970.9-0.740.960.970.980.990.810.990.950.960.990.890.980.991.00.80.990.51-0.30.88
0.980.960.350.980.970.89-0.610.970.960.940.990.810.960.920.970.980.90.930.980.980.890.990.57-0.230.88
0.890.830.00.890.90.89-0.620.90.880.860.90.780.880.790.820.90.860.850.880.890.810.90.4-0.130.8
-0.71-0.45-0.53-0.72-0.74-0.61-0.62-0.54-0.62-0.83-0.67-0.35-0.79-0.83-0.59-0.65-0.64-0.86-0.69-0.73-0.25-0.71-0.510.23-0.75
0.970.970.240.960.960.970.9-0.540.980.90.970.910.930.850.970.990.850.890.970.960.890.960.39-0.280.8
0.970.930.310.970.970.960.88-0.620.980.920.980.910.950.890.980.990.80.920.980.970.840.970.44-0.260.84
0.980.870.490.970.980.940.86-0.830.90.920.960.71.00.980.910.950.910.990.960.980.720.970.53-0.330.88
1.00.950.360.990.990.990.9-0.670.970.980.960.830.970.940.980.990.890.951.00.990.861.00.54-0.240.9
0.810.830.030.80.810.810.78-0.350.910.910.70.830.760.640.880.860.580.710.820.80.780.810.23-0.230.64
0.990.90.440.990.990.960.88-0.790.930.951.00.970.760.970.940.980.90.990.980.990.760.980.5-0.330.87
0.950.830.610.960.950.920.79-0.830.850.890.980.940.640.970.910.930.870.980.950.960.670.960.6-0.210.91
0.970.950.420.970.960.970.82-0.590.970.980.910.980.880.940.910.980.810.910.980.970.840.970.47-0.270.84
1.00.960.360.990.990.980.9-0.650.990.990.950.990.860.980.930.980.880.951.00.990.850.990.47-0.280.85
0.90.880.330.890.890.90.86-0.640.850.80.910.890.580.90.870.810.880.870.870.90.780.90.46-0.250.76
0.970.840.490.970.980.930.85-0.860.890.920.990.950.710.990.980.910.950.870.960.970.690.970.56-0.310.9
1.00.940.431.00.990.980.88-0.690.970.980.961.00.820.980.950.981.00.870.961.00.831.00.52-0.250.89
1.00.930.421.01.00.980.89-0.730.960.970.980.990.80.990.960.970.990.90.971.00.811.00.5-0.290.88
0.820.930.050.820.80.890.81-0.250.890.840.720.860.780.760.670.840.850.780.690.830.810.830.42-0.210.68
1.00.930.41.00.990.990.9-0.710.960.970.971.00.810.980.960.970.990.90.971.01.00.830.55-0.240.91
0.510.40.410.530.510.570.4-0.510.390.440.530.540.230.50.60.470.470.460.560.520.50.420.550.070.73
-0.28-0.33-0.21-0.24-0.3-0.23-0.130.23-0.28-0.26-0.33-0.24-0.23-0.33-0.21-0.27-0.28-0.25-0.31-0.25-0.29-0.21-0.240.070.0
0.880.740.430.90.880.880.8-0.750.80.840.880.90.640.870.910.840.850.760.90.890.880.680.910.730.0
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NAURA Technology Account Relationship Matchups

NAURA Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.5B31.1B42.6B53.6B65.7B69.0B
Short Long Term Debt Total631.9M31.8M4.1B8.0B9.2B9.7B
Other Current Liab859.2M1.3B9.6B2.6B991.3M1.2B
Total Current Liabilities7.9B11.3B15.8B19.1B23.5B24.7B
Total Stockholder Equity6.8B16.9B19.7B24.4B31.1B32.6B
Property Plant And Equipment Net2.3B2.6B3.9B5.8B6.6B7.0B
Current Deferred Revenue3.7B6.0B0.08.4B9.6B10.1B
Net Debt(2.0B)(9.0B)(6.3B)(4.4B)(4.0B)(3.8B)
Retained Earnings1.9B2.9B5.2B8.8B13.9B14.6B
Accounts Payable2.7B4.0B5.9B6.1B12.2B12.8B
Cash2.6B9.1B10.4B12.5B12.3B13.0B
Non Current Assets Total6.5B8.7B11.4B15.4B19.5B20.5B
Non Currrent Assets Other71.0M102.0M163.0M126.6M975.6M1.0B
Cash And Short Term Investments2.6B9.1B10.4B12.5B14.3B15.0B
Net Receivables3.0B4.5B6.7B6.1B6.0B6.3B
Liabilities And Stockholders Equity17.5B31.1B42.6B53.6B61.7B64.8B
Non Current Liabilities Total2.5B2.6B6.8B6.0B10.0B10.5B
Inventory4.9B8.0B13.0B17.0B23.5B24.7B
Other Current Assets407.9M738.2M892.5M2.7B1.6B1.6B
Other Stockholder Equity3.9B12.4B12.6B13.0B14.9B15.6B
Total Liab10.4B13.9B22.6B25.1B33.5B35.2B
Total Current Assets11.0B22.3B31.1B38.2B46.2B48.5B
Short Term Debt621.9M9.9M268.4M2.0B2.3B2.4B
Intangible Assets3.8B5.4B6.9B8.9B10.7B11.2B
Common Stock496.5M525.7M528.7M530.2M609.7M322.5M
Other Liab1.5B1.7B2.5B2.6B3.0B3.1B
Long Term Debt1.1B10M3.7B5.8B3.9B4.1B
Property Plant Equipment1.9B2.2B2.3B2.6B3.0B1.6B
Short Term Investments(96.9M)(102.8M)(57.4M)23.2B26.7B28.0B
Net Tangible Assets2.2B4.4B5.0B14.8B17.0B17.9B
Deferred Long Term Liab947.4M1.5B2.1B3.4B3.9B4.0B
Short Long Term Debt878.3M521.9M227.3M23.1M3M2.9M
Non Current Liabilities Other427.1K420.5K29.8K54.3M48.9M56.3M
Common Stock Shares Outstanding496.5M525.7M528.7M530.2M533.6M552.9M
Net Invested Capital7.3B16.9B23.7B30.2B35.0B17.8B
Net Working Capital3.1B11.1B15.3B19.1B22.7B23.9B
Good Will16.9M16.5M18.1M27.3M37.8M24.0M
Capital Stock496.5M525.7M528.7M530.2M533.6M560.0M
Property Plant And Equipment Gross3.2B3.8B5.0B5.6B6.6B5.0B

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Other Information on Investing in NAURA Stock

Balance Sheet is a snapshot of the financial position of NAURA Technology at a specified time, usually calculated after every quarter, six months, or one year. NAURA Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NAURA Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NAURA currently owns. An asset can also be divided into two categories, current and non-current.