Nebius Total Assets vs Other Current Assets Analysis

NBIS Stock   21.99  0.56  2.61%   
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 Total Assets and its Other Current Assets 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.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nebius Group NV Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nebius Group's Total Assets and Other Current Assets is 0.87. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets 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 Total Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Nebius Group NV are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Nebius Group's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Nebius Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nebius Group NV books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

0.970.96-0.730.930.870.94-0.810.93-0.71-0.950.940.820.9-0.870.260.840.870.870.94-0.720.870.94-0.58-0.79-0.93
0.971.0-0.720.970.770.98-0.830.95-0.63-0.920.980.780.89-0.890.310.880.870.850.98-0.650.930.97-0.56-0.68-0.92
0.961.0-0.760.980.730.98-0.850.96-0.58-0.890.980.760.92-0.90.380.90.840.830.99-0.680.950.98-0.59-0.7-0.94
-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
0.940.980.98-0.811.00.69-0.930.99-0.48-0.891.00.840.87-0.960.430.960.880.720.98-0.770.981.0-0.72-0.67-0.97
-0.81-0.83-0.850.88-0.95-0.56-0.93-0.960.210.78-0.93-0.89-0.720.99-0.57-0.99-0.84-0.45-0.880.91-0.96-0.940.920.630.96
0.930.950.96-0.810.990.720.99-0.96-0.45-0.910.990.90.82-0.990.420.980.920.660.96-0.820.980.99-0.78-0.66-0.98
-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
0.940.980.98-0.81.00.711.0-0.930.99-0.5-0.90.850.87-0.960.420.960.890.730.98-0.760.981.0-0.71-0.67-0.97
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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Additional Tools for Nebius Stock Analysis

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.