Nexa Inventory Turnover vs Dividend Yield Analysis
NEXA Stock | USD 7.65 0.10 1.32% |
Nexa Resources financial indicator trend analysis is infinitely more than just investigating Nexa Resources SA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexa Resources SA is a good investment. Please check the relationship between Nexa Resources Inventory Turnover and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Inventory Turnover vs Dividend Yield
Inventory Turnover vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexa Resources SA Inventory Turnover account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nexa Resources' Inventory Turnover and Dividend Yield is -0.01. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Nexa Resources SA, assuming nothing else is changed. The correlation between historical values of Nexa Resources' Inventory Turnover and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Nexa Resources SA are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Inventory Turnover i.e., Nexa Resources' Inventory Turnover and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Dividend Yield
Dividend Yield is Nexa Resources SA dividend as a percentage of Nexa Resources stock price. Nexa Resources SA dividend yield is a measure of Nexa Resources stock productivity, which can be interpreted as interest rate earned on an Nexa Resources investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Nexa Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexa Resources SA 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 Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At present, Nexa Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.06, whereas Discontinued Operations is forecasted to decline to (384 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 117.1M | 149.4M | 185.3M | 103.4M | Depreciation And Amortization | 265.4M | 292.4M | 298.4M | 227.4M |
Nexa Resources fundamental ratios Correlations
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Nexa Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexa Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 5.1B | 4.9B | 4.9B | 4.8B | 4.4B | |
Other Current Liab | 208.9M | 273.7M | 416.3M | 363.6M | 389.4M | 343.4M | |
Total Current Liabilities | 699.0M | 876.6M | 989.3M | 898.8M | 1.1B | 875.9M | |
Total Stockholder Equity | 2.1B | 1.4B | 1.4B | 1.4B | 1.2B | 1.6B | |
Other Liab | 791.9M | 678.4M | 615.3M | 663.0M | 596.7M | 575.2M | |
Net Tangible Assets | 571.1M | 301.0M | 329.5M | 425.3M | 382.8M | 404.7M | |
Retained Earnings | (159.0M) | (814.7M) | (746.3M) | (741.1M) | (1.0B) | (978.9M) | |
Accounts Payable | 414.1M | 370.1M | 411.8M | 413.9M | 451.6M | 392.4M | |
Cash | 698.6M | 1.1B | 743.8M | 497.8M | 457.3M | 625.6M | |
Other Assets | 504.6M | 430.3M | 354.9M | 382.0M | 1.0 | 0.95 | |
Long Term Debt | 1.5B | 1.9B | 1.7B | 1.6B | 1.6B | 1.6B | |
Net Receivables | 177.2M | 242.0M | 239.9M | 226.2M | 157.1M | 169.1M | |
Good Will | 674.6M | 406.4M | 406.2M | 344.6M | 307.1M | 441.1M | |
Common Stock Shares Outstanding | 116.5M | 133.3M | 132.6M | 132.4M | 152.3M | 137.6M | |
Short Term Investments | 58.4M | 35.0M | 19.2M | 18.1M | 11.1M | 10.5M | |
Inventory | 295.3M | 256.5M | 372.5M | 395.2M | 339.7M | 336.8M | |
Other Current Assets | 141.0M | 107.5M | 97.4M | 82.9M | 94.7M | 83.9M | |
Other Stockholder Equity | 2.4B | 2.3B | 2.3B | 2.3B | 2.3B | 2.0B | |
Total Liab | 3.0B | 3.4B | 3.3B | 3.2B | 3.4B | 3.2B | |
Long Term Investments | 352K | 0.0 | 3.7M | 46.1M | 50.5M | 53.1M | |
Short Long Term Debt | 33.1M | 89.0M | 28.0M | 24.7M | 114.6M | 120.3M | |
Total Current Assets | 1.4B | 1.7B | 1.5B | 1.2B | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (140.3M) | (229.5M) | (289.0M) | (232.2M) | (158.1M) | (150.2M) | |
Short Term Debt | 49.6M | 162.0M | 63.0M | 54.5M | 147.0M | 82.9M | |
Intangible Assets | 20.1M | 21.1M | 38.3M | 24.9M | 602.2M | 632.3M | |
Property Plant Equipment | 2.0B | 1.8B | 2.0B | 2.2B | 2.6B | 2.2B | |
Short Long Term Debt Total | 1.5B | 2.1B | 1.7B | 1.7B | 1.7B | 1.7B | |
Property Plant And Equipment Net | 3.0B | 2.6B | 2.7B | 2.9B | 2.4B | 3.0B | |
Current Deferred Revenue | 26.4M | 27.1M | 33.2M | 26.2M | 37.4M | 31.2M | |
Net Debt | 844.3M | 963.8M | 975.1M | 1.2B | 1.3B | 830.1M | |
Non Current Assets Total | 4.1B | 3.3B | 3.4B | 3.7B | 3.8B | 3.2B | |
Non Currrent Assets Other | 160.2M | 93.1M | 102.9M | 139.5M | 135.9M | 153.8M | |
Cash And Short Term Investments | 757.0M | 1.1B | 763.0M | 515.9M | 468.3M | 683.3M | |
Liabilities And Stockholders Equity | 5.5B | 5.1B | 4.9B | 4.9B | 4.8B | 4.3B | |
Non Current Liabilities Total | 2.3B | 2.6B | 2.3B | 2.3B | 2.3B | 2.4B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nexa Resources SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexa Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexa Resources. If investors know Nexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.49) | Revenue Per Share 20.05 | Quarterly Revenue Growth 0.093 | Return On Assets 0.0215 | Return On Equity (0.13) |
The market value of Nexa Resources SA is measured differently than its book value, which is the value of Nexa that is recorded on the company's balance sheet. Investors also form their own opinion of Nexa Resources' value that differs from its market value or its book value, called intrinsic value, which is Nexa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexa Resources' market value can be influenced by many factors that don't directly affect Nexa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.