NAZARA Stock | | | 920.05 12.35 1.36% |
Nazara Technologies financial indicator trend analysis is infinitely more than just investigating Nazara Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nazara Technologies is a good investment. Please check the relationship between Nazara Technologies Depreciation And Amortization and its Property Plant Equipment accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nazara Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Depreciation And Amortization vs Property Plant Equipment
Depreciation And Amortization vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nazara Technologies Depreciation And Amortization account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nazara Technologies' Depreciation And Amortization and Property Plant Equipment is 0.78. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Nazara Technologies Limited, assuming nothing else is changed. The correlation between historical values of Nazara Technologies' Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Nazara Technologies Limited are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Nazara Technologies' Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Property Plant Equipment
Most indicators from Nazara Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nazara 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 Nazara Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At present, Nazara Technologies'
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 7.9
B, whereas
Tax Provision is forecasted to decline to about 131
M.
Nazara Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Nazara Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nazara Technologies fundamental ratios Accounts
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Other Information on Investing in Nazara Stock
Balance Sheet is a snapshot of the
financial position of Nazara Technologies at a specified time, usually calculated after every quarter, six months, or one year. Nazara Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nazara Technologies 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 Nazara currently owns. An asset can also be divided into two categories, current and non-current.