NextNav Other Current Liab vs Other Assets Analysis
NNAVW Stock | USD 6.32 0.04 0.64% |
NextNav Warrant financial indicator trend analysis is infinitely more than just investigating NextNav Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextNav Warrant is a good investment. Please check the relationship between NextNav Warrant Other Current Liab and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextNav 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 real. For more information on how to buy NextNav Stock please use our How to Invest in NextNav Warrant guide.
Other Current Liab vs Other Assets
Other Current Liab vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextNav Warrant Other Current Liab account and Other Assets. At this time, the significance of the direction appears to have totally related.
The correlation between NextNav Warrant's Other Current Liab and Other Assets is 0.99. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of NextNav Warrant, assuming nothing else is changed. The correlation between historical values of NextNav Warrant's Other Current Liab and Other 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 Other Current Liab of NextNav Warrant are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Liab i.e., NextNav Warrant's Other Current Liab and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Liab
Other Assets
Most indicators from NextNav Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextNav 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 NextNav 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 real. For more information on how to buy NextNav Stock please use our How to Invest in NextNav Warrant guide.Tax Provision is likely to climb to about 232.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 25.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 763K | 3.9M | 3.9M | 2.0M | Depreciation And Amortization | 1.8M | 3.7M | 4.8M | 5.1M |
NextNav Warrant fundamental ratios Correlations
Click cells to compare fundamentals
NextNav Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for NextNav Stock Analysis
When running NextNav Warrant's price analysis, check to measure NextNav Warrant'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 NextNav Warrant is operating at the current time. Most of NextNav Warrant's value examination focuses on studying past and present price action to predict the probability of NextNav Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextNav Warrant's price. Additionally, you may evaluate how the addition of NextNav Warrant to your portfolios can decrease your overall portfolio volatility.