NAZARA Stock | | | 1,021 30.55 3.08% |
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 Income Before Tax and its Other Operating Expenses 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.
Income Before Tax vs Other Operating Expenses
Income Before Tax vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nazara Technologies Income Before Tax account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nazara Technologies' Income Before Tax and Other Operating Expenses is 0.5. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses 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' Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Nazara Technologies Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Nazara Technologies' Income Before Tax and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Nazara Technologies income statement and is an important metric when analyzing Nazara Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nazara Technologies. It is also known as Nazara Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.