Nasdaq Total Current Assets vs Total Current Liabilities Analysis

0K4T Stock   80.71  0.61  0.76%   
Nasdaq financial indicator trend analysis is infinitely more than just investigating Nasdaq Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nasdaq Inc is a good investment. Please check the relationship between Nasdaq Total Current Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nasdaq Inc Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nasdaq's Total Current Assets and Total Current Liabilities is 0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nasdaq Inc, assuming nothing else is changed. The correlation between historical values of Nasdaq's Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nasdaq Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Nasdaq's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on Nasdaq balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nasdaq Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nasdaq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nasdaq Inc 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 Nasdaq Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 405.4 M in 2024. Tax Provision is likely to drop to about 312.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.3B3.9B2.7B
Total Revenue5.9B6.2B6.1B4.9B

Nasdaq fundamental ratios Correlations

0.570.9-0.190.670.740.510.560.150.710.01-0.660.130.780.70.440.160.870.510.50.380.950.530.820.820.79
0.570.810.110.90.760.860.530.130.79-0.35-0.850.090.850.810.140.110.670.350.92-0.230.720.90.550.630.71
0.90.81-0.20.840.780.660.480.130.71-0.23-0.780.110.820.720.450.220.810.470.70.120.960.710.720.80.79
-0.190.11-0.20.00.410.480.25-0.10.240.19-0.31-0.120.090.23-0.93-0.260.26-0.190.43-0.6-0.240.370.250.110.32
0.670.90.840.00.690.870.370.330.73-0.56-0.830.30.870.740.20.340.670.210.85-0.150.740.890.490.570.69
0.740.760.780.410.690.820.640.020.80.06-0.91-0.020.760.79-0.120.090.950.290.82-0.110.770.790.90.820.94
0.510.860.660.480.870.820.450.150.77-0.38-0.860.110.820.77-0.270.120.710.150.97-0.440.550.960.550.590.76
0.560.530.480.250.370.640.45-0.080.870.39-0.53-0.080.750.860.09-0.220.680.40.50.160.560.480.750.650.66
0.150.130.13-0.10.330.020.15-0.080.0-0.38-0.241.00.190.010.11-0.10.190.250.090.120.180.32-0.02-0.050.19
0.710.790.710.240.730.80.770.870.00.05-0.76-0.020.940.990.090.040.80.330.770.040.720.750.770.720.79
0.01-0.35-0.230.19-0.560.06-0.380.39-0.380.050.24-0.37-0.210.0-0.08-0.370.120.24-0.320.44-0.07-0.390.330.140.0
-0.66-0.85-0.78-0.31-0.83-0.91-0.86-0.53-0.24-0.760.24-0.21-0.79-0.790.03-0.2-0.87-0.15-0.830.16-0.77-0.86-0.79-0.76-0.94
0.130.090.11-0.120.3-0.020.11-0.081.0-0.02-0.37-0.210.17-0.010.13-0.110.170.240.040.140.160.28-0.03-0.060.17
0.780.850.820.090.870.760.820.750.190.94-0.21-0.790.170.940.20.060.790.40.81-0.010.80.840.690.740.79
0.70.810.720.230.740.790.770.860.010.990.0-0.79-0.010.940.110.060.80.30.770.020.730.760.770.730.81
0.440.140.45-0.930.2-0.12-0.270.090.110.09-0.080.030.130.20.110.230.050.33-0.210.680.52-0.150.080.17-0.02
0.160.110.22-0.260.340.090.12-0.22-0.10.04-0.37-0.2-0.110.060.060.230.05-0.60.040.150.180.020.03-0.040.05
0.870.670.810.260.670.950.710.680.190.80.12-0.870.170.790.80.050.050.410.690.150.860.710.950.870.97
0.510.350.47-0.190.210.290.150.40.250.330.24-0.150.240.40.30.33-0.60.410.250.280.490.30.340.410.28
0.50.920.70.430.850.820.970.50.090.77-0.32-0.830.040.810.77-0.210.040.690.25-0.490.570.970.540.590.73
0.38-0.230.12-0.6-0.15-0.11-0.440.160.120.040.440.160.14-0.010.020.680.150.150.28-0.490.32-0.410.250.140.0
0.950.720.96-0.240.740.770.550.560.180.72-0.07-0.770.160.80.730.520.180.860.490.570.320.60.820.840.83
0.530.90.710.370.890.790.960.480.320.75-0.39-0.860.280.840.76-0.150.020.710.30.97-0.410.60.530.570.75
0.820.550.720.250.490.90.550.75-0.020.770.33-0.79-0.030.690.770.080.030.950.340.540.250.820.530.890.93
0.820.630.80.110.570.820.590.65-0.050.720.14-0.76-0.060.740.730.17-0.040.870.410.590.140.840.570.890.86
0.790.710.790.320.690.940.760.660.190.790.0-0.940.170.790.81-0.020.050.970.280.730.00.830.750.930.86
Click cells to compare fundamentals

Nasdaq Account Relationship Matchups

Nasdaq fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B18.0B20.1B20.9B32.3B33.9B
Other Current Liab3.6B4.7B6.6B7.9B8.3B4.5B
Total Current Liabilities4.2B4.9B7.9B8.8B9.0B9.5B
Total Stockholder Equity5.6B6.4B6.4B6.2B10.8B9.5B
Property Plant And Equipment Net730M856M875M976M978M609.3M
Net Debt3.4B3.2B5.8B5.4B10.5B11.0B
Retained Earnings5.0B5.6B6.5B7.2B7.8B5.6B
Accounts Payable177M198M148M185M332M212.9M
Cash362M2.8B422M524M453M693.8M
Non Current Assets Total9.6B10.3B12.7B12.3B23.2B12.0B
Non Currrent Assets Other(13.8B)(17.9B)(20.0B)(20.7B)198M207.9M
Other Assets(13.5B)(17.9B)(19.1B)(20.2B)(31.9B)(30.3B)
Cash And Short Term Investments362M2.8B422M524M473M714.1M
Net Receivables422M566M588M677M929M530.0M
Good Will6.4B6.9B8.4B8.1B14.1B7.8B
Common Stock Shares Outstanding500.9M500.7M505.1M497.9M508.4M419.6M
Short Term Investments9M122M20M46M23M30.0M
Non Current Liabilities Total4.1B6.6B5.8B5.9B12.4B13.1B
Inventory(61M)(93M)(122M)(20M)(46M)(24.2M)
Other Current Assets3.4B4.3B6.4B7.4B7.7B4.7B
Other Stockholder Equity2.3B2.2B(11.4B)(13.5B)4.9B5.2B
Total Liab8.3B11.5B13.7B14.7B21.5B22.5B
Total Current Assets4.3B7.7B7.4B8.6B9.1B5.9B
Intangible Assets2.2B2.3B2.8B2.6B7.4B7.8B
Short Long Term Debt Total3.8B6.0B6.3B5.9B10.9B11.5B
Liabilities And Stockholders Equity13.9B18.0B20.1B20.9B32.3B33.9B
Accumulated Other Comprehensive Income(1.7B)(1.4B)(1.6B)(2.0B)(1.9B)(1.8B)
Short Term Debt452M46M1.1B718M353M335.4M
Current Deferred Revenue211M235M329M357M594M623.7M
Other Liab731M689M640M682M784.3M729.7M
Net Tangible Assets(3.0B)(2.7B)(4.9B)(4.5B)(4.1B)(4.3B)
Long Term Debt3.0B3.0B5.5B4.8B5.5B4.4B
Capital Surpluse2.7B2.6B2.5B2.0B1.8B2.1B
Treasury Stock(297M)(336M)(376M)(437M)(393.3M)(413.0M)
Property Plant Equipment730M856M875M976M1.1B772.4M

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