NexteGO Cash vs Long Term Debt Analysis
| EGOX Stock | 0.0001 0.00 0.00% |
NexteGO NV financial indicator trend analysis is infinitely more than just investigating NexteGO NV Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexteGO NV Ordinary is a good investment. Please check the relationship between NexteGO NV Cash and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in NexteGO NV Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexteGO NV Ordinary Cash account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between NexteGO NV's Cash and Long Term Debt is -0.95. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of NexteGO NV Ordinary, assuming nothing else is changed. The correlation between historical values of NexteGO NV's Cash and Long Term 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 Cash of NexteGO NV Ordinary are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., NexteGO NV's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of NexteGO NV Ordinary, which is listed under current asset account on NexteGO NV Ordinary balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NexteGO NV customers. The amounts must be unrestricted with restricted cash listed in a different NexteGO NV account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Long Term Debt
Long-term debt is a debt that NexteGO NV Ordinary has held for over one year. Long-term debt appears on NexteGO NV Ordinary balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NexteGO NV Ordinary balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from NexteGO NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexteGO NV Ordinary 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in NexteGO NV Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Tax Provision is likely to drop to about (22 M) in 2024. Selling General Administrative is likely to drop to about 11.2 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 11.0M | 12.6M | 6.8M | Depreciation And Amortization | 24.0M | 24.5M | 28.1M | 26.7M |
NexteGO NV fundamental ratios Correlations
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NexteGO NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running NexteGO NV's price analysis, check to measure NexteGO NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.