NAURA Short Term Debt vs Inventory Analysis

002371 Stock   433.91  0.01  0%   
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 Short Term Debt and its Inventory 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.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

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

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Inventory

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 454.5 M, whereas Selling General Administrative is forecasted to decline to about 422 M.
 2021 2022 2023 2024 (projected)
Income Before Tax1.3B2.9B4.5B4.7B
Cost Of Revenue5.9B8.2B13.0B13.7B

NAURA Technology fundamental ratios Correlations

0.90.641.01.00.970.83-0.780.980.990.990.990.640.990.980.951.00.930.970.991.00.711.00.47-0.230.9
0.90.520.880.870.940.74-0.440.960.850.850.910.510.850.810.890.920.950.780.890.890.890.890.29-0.30.73
0.640.520.660.630.570.13-0.580.550.710.640.610.550.640.750.80.640.40.660.70.650.20.630.44-0.240.54
1.00.880.660.990.970.83-0.790.961.00.980.990.620.980.980.950.990.920.971.00.990.711.00.49-0.180.91
1.00.870.630.990.960.84-0.830.960.991.00.980.661.00.980.940.990.920.990.981.00.670.990.47-0.260.9
0.970.940.570.970.960.83-0.650.980.950.940.990.60.940.930.940.980.950.90.970.970.830.980.53-0.180.9
0.830.740.130.830.840.83-0.660.850.790.820.840.430.820.750.650.830.90.790.790.830.710.840.31-0.050.79
-0.78-0.44-0.58-0.79-0.83-0.65-0.66-0.65-0.81-0.85-0.74-0.59-0.85-0.84-0.69-0.74-0.59-0.91-0.77-0.79-0.19-0.77-0.470.21-0.76
0.980.960.550.960.960.980.85-0.650.940.950.980.610.950.920.920.980.980.90.960.970.80.970.37-0.250.84
0.990.850.711.00.990.950.79-0.810.940.980.980.630.980.990.960.990.880.971.00.990.660.990.52-0.190.91
0.990.850.640.981.00.940.82-0.850.950.980.970.641.00.970.930.980.910.990.980.990.640.980.44-0.30.88
0.990.910.610.990.980.990.84-0.740.980.980.970.640.970.960.950.990.940.950.990.990.761.00.53-0.180.93
0.640.510.550.620.660.60.43-0.590.610.630.640.640.640.670.660.630.550.660.640.640.260.640.4-0.090.62
0.990.850.640.981.00.940.82-0.850.950.981.00.970.640.970.930.980.910.990.980.990.640.980.44-0.30.88
0.980.810.750.980.980.930.75-0.840.920.990.970.960.670.970.960.970.850.980.990.980.590.980.54-0.170.91
0.950.890.80.950.940.940.65-0.690.920.960.930.950.660.930.960.960.840.910.970.950.680.950.52-0.210.87
1.00.920.640.990.990.980.83-0.740.980.990.980.990.630.980.970.960.950.950.991.00.740.990.44-0.240.88
0.930.950.40.920.920.950.9-0.590.980.880.910.940.550.910.850.840.950.850.910.930.830.930.28-0.230.79
0.970.780.660.970.990.90.79-0.910.90.970.990.950.660.990.980.910.950.850.960.970.550.960.51-0.270.89
0.990.890.71.00.980.970.79-0.770.961.00.980.990.640.980.990.970.990.910.960.990.710.990.5-0.190.91
1.00.890.650.991.00.970.83-0.790.970.990.990.990.640.990.980.951.00.930.970.990.690.990.45-0.250.89
0.710.890.20.710.670.830.71-0.190.80.660.640.760.260.640.590.680.740.830.550.710.690.730.33-0.150.64
1.00.890.631.00.990.980.84-0.770.970.990.981.00.640.980.980.950.990.930.960.990.990.730.52-0.180.93
0.470.290.440.490.470.530.31-0.470.370.520.440.530.40.440.540.520.440.280.510.50.450.330.520.130.69
-0.23-0.3-0.24-0.18-0.26-0.18-0.050.21-0.25-0.19-0.3-0.18-0.09-0.3-0.17-0.21-0.24-0.23-0.27-0.19-0.25-0.15-0.180.130.04
0.90.730.540.910.90.90.79-0.760.840.910.880.930.620.880.910.870.880.790.890.910.890.640.930.690.04
Click cells to compare fundamentals

NAURA Technology Account Relationship Matchups

NAURA Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B17.5B31.1B42.6B53.6B56.3B
Short Long Term Debt Total2.2B631.9M31.8M4.1B8.0B8.4B
Other Current Liab1.5B859.2M1.3B9.6B2.6B2.7B
Total Current Liabilities4.8B7.9B11.3B15.8B19.1B20.0B
Total Stockholder Equity5.9B6.8B16.9B19.7B24.4B25.6B
Property Plant And Equipment Net2.2B2.3B2.6B3.9B5.8B6.0B
Current Deferred Revenue331.4M3.7B6.0B0.08.4B8.8B
Net Debt(643.4M)(2.0B)(9.0B)(6.3B)(4.4B)(4.2B)
Retained Earnings1.4B1.9B2.9B5.2B8.8B9.2B
Accounts Payable1.9B2.7B4.0B5.9B6.1B6.4B
Cash2.9B2.6B9.1B10.4B12.5B13.1B
Non Current Assets Total5.3B6.5B8.7B11.4B15.4B16.2B
Non Currrent Assets Other32.6M71.0M102.0M163.0M126.6M133.0M
Cash And Short Term Investments2.9B2.6B9.1B10.4B12.5B13.1B
Net Receivables1.9B3.0B4.5B6.7B6.1B6.4B
Liabilities And Stockholders Equity13.7B17.5B31.1B42.6B53.6B56.3B
Non Current Liabilities Total2.8B2.5B2.6B6.8B6.0B6.3B
Inventory3.6B4.9B8.0B13.0B17.0B17.8B
Other Current Assets84.1M407.9M738.2M892.5M2.7B2.9B
Other Stockholder Equity3.8B3.9B12.4B12.6B13.0B13.6B
Total Liab7.6B10.4B13.9B22.6B25.1B26.3B
Total Current Assets8.5B11.0B22.3B31.1B38.2B40.1B
Short Term Debt1.1B621.9M9.9M268.4M2.0B2.1B
Intangible Assets2.9B3.8B5.4B6.9B8.9B9.3B
Common Stock490.6M496.5M525.7M528.7M530.2M322.5M
Other Liab1.5B1.7B2.5B2.6B3.0B3.1B
Long Term Debt328.1M1.1B10M3.7B5.8B6.1B
Property Plant Equipment1.9B2.2B2.3B2.6B3.0B1.6B
Net Tangible Assets2.2B4.4B5.0B14.8B17.0B17.9B
Deferred Long Term Liab947.4M1.5B2.1B3.4B3.9B4.0B
Short Long Term Debt551.9M878.3M521.9M227.3M23.1M21.9M
Non Current Liabilities Other4.0M427.1K420.5K29.8K26.8K25.5K
Common Stock Shares Outstanding490.6M496.5M525.7M528.7M530.2M548.1M
Net Invested Capital7.8B7.3B16.9B23.7B30.2B31.7B
Net Working Capital3.7B3.1B11.1B15.3B19.1B20.1B
Good Will18.1M16.9M16.5M18.1M27.3M21.1M
Capital Stock490.6M496.5M525.7M528.7M530.2M555.4M

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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.