Nazara Net Receivables vs Total Stockholder Equity Analysis

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 Net Receivables and its Total Stockholder Equity 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.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nazara Technologies Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Nazara Technologies' Net Receivables and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity 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' Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Nazara Technologies Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Nazara Technologies' Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B6.4B6.7B7.0B
Total Revenue6.2B10.9B11.4B12.0B

Nazara Technologies fundamental ratios Correlations

0.670.971.00.9-0.940.530.950.950.980.85-0.090.990.990.870.960.130.870.870.971.00.870.970.410.760.35
0.670.790.630.52-0.450.510.480.450.730.270.440.610.640.70.79-0.130.440.330.80.630.810.710.890.790.43
0.970.790.960.87-0.860.530.90.880.980.76-0.020.950.960.840.960.120.780.761.00.960.910.970.550.80.42
1.00.630.960.9-0.950.530.950.960.970.87-0.111.00.990.870.950.140.880.90.951.00.840.960.370.740.33
0.90.520.870.9-0.840.50.880.860.910.83-0.140.880.920.830.810.040.920.770.880.890.830.920.230.80.31
-0.94-0.45-0.86-0.95-0.84-0.51-0.97-1.0-0.86-0.960.33-0.97-0.92-0.74-0.82-0.14-0.84-0.96-0.84-0.96-0.67-0.85-0.15-0.55-0.19
0.530.510.530.530.5-0.510.50.50.510.390.10.520.580.460.53-0.430.590.440.540.530.530.520.210.57-0.18
0.950.480.90.950.88-0.970.50.980.890.96-0.360.960.930.730.820.160.830.920.890.960.730.890.150.590.22
0.950.450.880.960.86-1.00.50.980.870.96-0.330.970.940.750.840.150.850.960.860.970.690.870.160.560.22
0.980.730.980.970.91-0.860.510.890.870.770.030.950.980.890.960.10.860.790.990.960.940.980.480.860.38
0.850.270.760.870.83-0.960.390.960.960.77-0.50.90.840.660.690.150.80.930.740.890.540.79-0.050.420.17
-0.090.44-0.02-0.11-0.140.330.1-0.36-0.330.03-0.5-0.16-0.090.160.14-0.44-0.02-0.250.03-0.150.28-0.030.610.41-0.08
0.990.610.951.00.88-0.970.520.960.970.950.9-0.160.980.850.940.150.860.910.941.00.80.940.350.680.33
0.990.640.960.990.92-0.920.580.930.940.980.84-0.090.980.870.950.110.90.860.960.980.870.970.380.780.34
0.870.70.840.870.83-0.740.460.730.750.890.660.160.850.870.9-0.050.860.690.860.850.830.920.530.830.51
0.960.790.960.950.81-0.820.530.820.840.960.690.140.940.950.90.120.80.760.960.940.890.940.620.810.44
0.13-0.130.120.140.04-0.14-0.430.160.150.10.15-0.440.150.11-0.050.12-0.180.060.090.14-0.010.05-0.07-0.180.49
0.870.440.780.880.92-0.840.590.830.850.860.8-0.020.860.90.860.8-0.180.840.80.860.780.880.160.780.12
0.870.330.760.90.77-0.960.440.920.960.790.93-0.250.910.860.690.760.060.840.750.90.60.770.040.50.02
0.970.81.00.950.88-0.840.540.890.860.990.740.030.940.960.860.960.090.80.750.950.930.970.550.840.4
1.00.630.961.00.89-0.960.530.960.970.960.89-0.151.00.980.850.940.140.860.90.950.820.950.370.70.33
0.870.810.910.840.83-0.670.530.730.690.940.540.280.80.870.830.89-0.010.780.60.930.820.90.580.950.3
0.970.710.970.960.92-0.850.520.890.870.980.79-0.030.940.970.920.940.050.880.770.970.950.90.460.830.45
0.410.890.550.370.23-0.150.210.150.160.48-0.050.610.350.380.530.62-0.070.160.040.550.370.580.460.570.54
0.760.790.80.740.8-0.550.570.590.560.860.420.410.680.780.830.81-0.180.780.50.840.70.950.830.570.26
0.350.430.420.330.31-0.19-0.180.220.220.380.17-0.080.330.340.510.440.490.120.020.40.330.30.450.540.26
Click cells to compare fundamentals

Nazara Technologies Account Relationship Matchups

Nazara Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B10.2B14.1B17.0B27.6B29.0B
Other Current Liab448.4M1.4B689M1.5B981.1M529.3M
Total Current Liabilities1.4B2.1B1.7B3.3B3.8B4.0B
Total Stockholder Equity5.1B6.6B10.4B11.0B20.0B21.0B
Property Plant And Equipment Net108.8M38.6M77M148M231.2M242.8M
Net Debt(640.5M)(1.4B)(1.9B)(1.0B)(5.4B)(5.1B)
Retained Earnings1.8B2.2B1.3B1.4B2.4B1.7B
Accounts Payable692.7M610M499M767M2.4B2.5B
Cash720.9M1.4B1.9B1.4B5.7B6.0B
Non Current Assets Total4.0B3.4B4.9B7.0B8.6B9.1B
Non Currrent Assets Other177.1M260.2M306M200M6.5B6.8B
Other Assets199.7M306.8M363M237M600K570K
Cash And Short Term Investments2.2B4.8B7.2B7.5B15.0B15.8B
Net Receivables1.1B993M1.5B1.9B2.7B2.9B
Common Stock Shares Outstanding55.5M58.9M63.0M66.0M69.3M64.3M
Short Term Investments1.5B3.4B5.2B6.1B6.4B6.7B
Liabilities And Stockholders Equity7.8B10.2B14.1B17.0B27.6B29.0B
Inventory(291.8M)(991M)13M246M21.1M22.2M
Other Current Assets503.8M295.2M684M442.8M1.2B1.2B
Other Stockholder Equity1.8B3.6B8.2B(1.6B)16.4B17.2B
Total Liab1.9B2.4B2.1B3.9B4.3B4.5B
Total Current Assets3.8B6.8B9.2B10.0B19.0B19.9B
Accumulated Other Comprehensive Income1.3B682.3M759M807M885.1M522.8M
Intangible Assets1.8B1.3B1.5B2.3B1.9B2.0B
Common Stock112.0M121.8M130M265M306.2M321.5M
Current Deferred Revenue(110.3M)1.2B795M1.5B213.2M202.5M
Non Current Liabilities Total435.5M301.6M384M508M450.5M319.5M
Short Term Debt(56.0M)11M66M330M150.1M85.3M
Short Long Term Debt Total80.4M13.1M43M382M277M161.2M
Good Will1.6B1.7B2.6B3.4B3.9B2.3B
Capital Lease Obligations80.4M13.1M43M78M184.2M98.8M
Net Invested Capital5.1B6.6B10.4B11.4B20.1B21.1B
Net Working Capital2.4B4.7B7.4B6.6B15.2B15.9B
Capital Stock112.0M121.8M130M265M306.2M191.6M

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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.