Nebius Accounts Payable vs Capital Lease Obligations Analysis

NBIS Stock   21.43  0.69  3.12%   
Nebius Group financial indicator trend analysis is infinitely more than just investigating Nebius Group NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nebius Group NV is a good investment. Please check the relationship between Nebius Group Accounts Payable and its Capital Lease Obligations accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Capital Lease Obligations

Accounts Payable vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nebius Group NV Accounts Payable account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nebius Group's Accounts Payable and Capital Lease Obligations is 0.96. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Nebius Group NV, assuming nothing else is changed. The correlation between historical values of Nebius Group's Accounts Payable and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nebius Group NV are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Accounts Payable i.e., Nebius Group's Accounts Payable and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Nebius Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nebius Group NV are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Lease Obligations

Nebius Group NV capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Nebius Group asset purchases. For example, Nebius Group can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Nebius Group control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Nebius Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nebius Group NV 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 Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to about 226.5 M in 2024. Selling General Administrative is likely to drop to about 2.2 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense49.8M45.6M122.7M68.7M
Interest Income61.9M63.4M63.7M66.3M

Nebius Group fundamental ratios Correlations

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-0.73-0.72-0.76-0.84-0.37-0.810.88-0.810.050.55-0.8-0.62-0.830.83-0.84-0.85-0.54-0.44-0.830.92-0.86-0.820.860.830.9
0.930.970.98-0.840.671.0-0.950.99-0.44-0.871.00.840.87-0.970.480.970.870.690.98-0.790.991.0-0.75-0.68-0.98
0.870.770.73-0.370.670.69-0.560.72-0.89-0.930.710.790.63-0.67-0.180.570.840.790.66-0.520.570.7-0.35-0.61-0.69
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-0.71-0.63-0.580.05-0.44-0.89-0.480.21-0.450.76-0.5-0.47-0.510.350.44-0.26-0.6-0.86-0.490.11-0.32-0.47-0.090.420.4
-0.95-0.92-0.890.55-0.87-0.93-0.890.78-0.910.76-0.9-0.91-0.720.87-0.03-0.81-0.96-0.78-0.840.64-0.8-0.890.550.590.85
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0.820.780.76-0.620.840.790.84-0.890.9-0.47-0.910.850.55-0.930.160.880.970.470.74-0.810.80.85-0.8-0.5-0.86
0.90.890.92-0.830.870.630.87-0.720.82-0.51-0.720.870.55-0.750.540.750.60.860.93-0.670.840.87-0.51-0.89-0.87
-0.87-0.89-0.90.83-0.97-0.67-0.960.99-0.990.350.87-0.96-0.93-0.75-0.46-0.99-0.91-0.54-0.910.88-0.96-0.970.860.630.97
0.260.310.38-0.840.48-0.180.43-0.570.420.44-0.030.420.160.54-0.460.540.050.040.49-0.650.560.45-0.66-0.56-0.54
0.840.880.9-0.850.970.570.96-0.990.98-0.26-0.810.960.880.75-0.990.540.860.510.92-0.860.980.97-0.87-0.6-0.97
0.870.870.84-0.540.870.840.88-0.840.92-0.6-0.960.890.970.6-0.910.050.860.60.8-0.680.820.88-0.66-0.45-0.85
0.870.850.83-0.440.690.790.72-0.450.66-0.86-0.780.730.470.86-0.540.040.510.60.79-0.330.620.71-0.12-0.7-0.65
0.940.980.99-0.830.980.660.98-0.880.96-0.49-0.840.980.740.93-0.910.490.920.80.79-0.730.970.98-0.65-0.74-0.95
-0.72-0.65-0.680.92-0.79-0.52-0.770.91-0.820.110.64-0.76-0.81-0.670.88-0.65-0.86-0.68-0.33-0.73-0.8-0.790.960.760.89
0.870.930.95-0.860.990.570.98-0.960.98-0.32-0.80.980.80.84-0.960.560.980.820.620.97-0.80.98-0.78-0.65-0.97
0.940.970.98-0.821.00.71.0-0.940.99-0.47-0.891.00.850.87-0.970.450.970.880.710.98-0.790.98-0.74-0.69-0.98
-0.58-0.56-0.590.86-0.75-0.35-0.720.92-0.78-0.090.55-0.71-0.8-0.510.86-0.66-0.87-0.66-0.12-0.650.96-0.78-0.740.550.83
-0.79-0.68-0.70.83-0.68-0.61-0.670.63-0.660.420.59-0.67-0.5-0.890.63-0.56-0.6-0.45-0.7-0.740.76-0.65-0.690.550.78
-0.93-0.92-0.940.9-0.98-0.69-0.970.96-0.980.40.85-0.97-0.86-0.870.97-0.54-0.97-0.85-0.65-0.950.89-0.97-0.980.830.78
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Nebius Group Account Relationship Matchups

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