Nebius Property Plant And Equipment Gross vs Net Working Capital 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 Property Plant And Equipment Gross and its Net Working Capital 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.
Property Plant And Equipment Gross vs Net Working Capital
Property Plant And Equipment Gross vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nebius Group NV Property Plant And Equipment Gross account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Nebius Group's Property Plant And Equipment Gross and Net Working Capital is -0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Working Capital 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 Property Plant And Equipment Gross and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Nebius Group NV are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant And Equipment Gross i.e., Nebius Group's Property Plant And Equipment Gross and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Net Working Capital
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 Expense | 49.8M | 45.6M | 122.7M | 68.7M | Interest Income | 61.9M | 63.4M | 63.7M | 66.3M |
Nebius Group fundamental ratios Correlations
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Nebius Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nebius Group's price analysis, check to measure Nebius Group'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 Nebius Group is operating at the current time. Most of Nebius Group's value examination focuses on studying past and present price action to predict the probability of Nebius Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nebius Group's price. Additionally, you may evaluate how the addition of Nebius Group to your portfolios can decrease your overall portfolio volatility.