Noco Short Term Debt vs Net Working Capital Analysis
NCNCW Stock | 0.01 0.0004 4.08% |
Noco Noco financial indicator trend analysis is infinitely more than just investigating noco noco Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether noco noco Warrant is a good investment. Please check the relationship between Noco Noco Short Term Debt and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in noco noco Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Short Term Debt vs Net Working Capital
Short Term Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of noco noco Warrant Short Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Noco Noco's Short Term Debt and Net Working Capital is -0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of noco noco Warrant, assuming nothing else is changed. The correlation between historical values of Noco Noco's Short Term Debt 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 Short Term Debt of noco noco Warrant 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 Short Term Debt i.e., Noco Noco's Short Term Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Net Working Capital
Most indicators from Noco Noco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into noco noco Warrant 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 noco noco Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Selling General Administrative is likely to climb to about 20.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 859.6 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 3.4K | 4.9K | 5.6K | 4.2K | Total Operating Expenses | 1.1M | 16.8M | 19.4M | 20.3M |
Noco Noco fundamental ratios Correlations
Click cells to compare fundamentals
Noco Noco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Noco Noco's price analysis, check to measure Noco Noco'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 Noco Noco is operating at the current time. Most of Noco Noco's value examination focuses on studying past and present price action to predict the probability of Noco Noco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noco Noco's price. Additionally, you may evaluate how the addition of Noco Noco to your portfolios can decrease your overall portfolio volatility.