NextNav Total Stockholder Equity vs Cash 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 Total Stockholder Equity and its Cash 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextNav Warrant Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NextNav Warrant's Total Stockholder Equity and Cash is 0.43. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Total Stockholder Equity and Cash 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 Stockholder Equity of NextNav Warrant are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., NextNav Warrant's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of NextNav Warrant, which is listed under current asset account on NextNav Warrant balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NextNav Warrant customers. The amounts must be unrestricted with restricted cash listed in a different NextNav Warrant account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Also Currently Popular
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.