Nuveen Accounts Payable vs Total Current Liabilities Analysis

NPCT Stock  USD 11.26  0.18  1.62%   
Nuveen Core financial indicator trend analysis is infinitely more than just investigating Nuveen Core Plus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Core Plus is a good investment. Please check the relationship between Nuveen Core Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Core Plus. 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.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Core Plus Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Nuveen Core's Accounts Payable and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nuveen Core Plus, assuming nothing else is changed. The correlation between historical values of Nuveen Core's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nuveen Core Plus are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Nuveen Core's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Nuveen Core obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nuveen Core Plus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Nuveen Core balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nuveen Core Plus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nuveen Core's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuveen Core Plus 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 Nuveen Core Plus. 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.
At this time, Nuveen Core's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.31 in 2024, whereas Enterprise Value is likely to drop slightly above 359.1 M in 2024.
 2010 2023 2024 (projected)
Interest Income29.4M28.1M23.0M
Net Interest Income23.8M15.3M15.7M

Nuveen Core fundamental ratios Correlations

0.99-1.01.01.00.971.01.0-0.171.0-1.0-0.83-0.170.650.570.990.751.01.01.00.520.780.780.78-0.78
0.99-1.00.990.990.960.990.99-0.20.99-1.0-0.81-0.20.580.491.00.680.991.00.990.460.730.730.73-0.8
-1.0-1.0-1.0-1.0-0.95-1.0-1.00.24-1.01.00.790.24-0.61-0.53-1.0-0.71-0.99-1.0-1.0-0.47-0.74-0.74-0.740.75
1.00.99-1.01.00.961.01.0-0.241.0-1.0-0.79-0.240.610.540.990.720.991.01.00.470.740.740.74-0.75
1.00.99-1.01.00.961.01.0-0.211.0-1.0-0.81-0.210.630.560.990.730.991.01.00.50.760.760.76-0.76
0.970.96-0.950.960.960.950.960.060.97-0.97-0.940.060.750.640.960.810.990.960.970.670.880.880.88-0.89
1.00.99-1.01.01.00.951.0-0.251.0-1.0-0.78-0.250.620.550.990.720.991.01.00.470.740.740.74-0.74
1.00.99-1.01.01.00.961.0-0.241.0-1.0-0.79-0.240.610.540.990.720.991.01.00.470.740.740.74-0.75
-0.17-0.20.24-0.24-0.210.06-0.25-0.24-0.170.2-0.411.00.40.28-0.20.25-0.1-0.2-0.170.620.390.390.39-0.4
1.00.99-1.01.01.00.971.01.0-0.17-1.0-0.83-0.170.650.570.990.751.01.01.00.520.780.780.78-0.78
-1.0-1.01.0-1.0-1.0-0.97-1.0-1.00.2-1.00.810.2-0.61-0.52-1.0-0.71-0.99-1.0-1.0-0.48-0.75-0.75-0.750.78
-0.83-0.810.79-0.79-0.81-0.94-0.78-0.79-0.41-0.830.81-0.41-0.84-0.7-0.81-0.84-0.87-0.81-0.83-0.84-0.95-0.95-0.950.95
-0.17-0.20.24-0.24-0.210.06-0.25-0.241.0-0.170.2-0.410.40.28-0.20.25-0.1-0.2-0.170.620.390.390.39-0.4
0.650.58-0.610.610.630.750.620.610.40.65-0.61-0.840.40.970.580.990.680.610.650.970.970.970.97-0.62
0.570.49-0.530.540.560.640.550.540.280.57-0.52-0.70.280.970.490.970.590.530.570.910.890.890.89-0.43
0.991.0-1.00.990.990.960.990.99-0.20.99-1.0-0.81-0.20.580.490.680.991.00.990.460.730.730.73-0.8
0.750.68-0.710.720.730.810.720.720.250.75-0.71-0.840.250.990.970.680.770.710.750.920.970.970.97-0.63
1.00.99-0.990.990.990.990.990.99-0.11.0-0.99-0.87-0.10.680.590.990.770.991.00.570.820.820.82-0.83
1.01.0-1.01.01.00.961.01.0-0.21.0-1.0-0.81-0.20.610.531.00.710.991.00.480.750.750.75-0.78
1.00.99-1.01.01.00.971.01.0-0.171.0-1.0-0.83-0.170.650.570.990.751.01.00.520.780.780.78-0.78
0.520.46-0.470.470.50.670.470.470.620.52-0.48-0.840.620.970.910.460.920.570.480.520.940.940.94-0.66
0.780.73-0.740.740.760.880.740.740.390.78-0.75-0.950.390.970.890.730.970.820.750.780.941.01.0-0.8
0.780.73-0.740.740.760.880.740.740.390.78-0.75-0.950.390.970.890.730.970.820.750.780.941.01.0-0.8
0.780.73-0.740.740.760.880.740.740.390.78-0.75-0.950.390.970.890.730.970.820.750.780.941.01.0-0.8
-0.78-0.80.75-0.75-0.76-0.89-0.74-0.75-0.4-0.780.780.95-0.4-0.62-0.43-0.8-0.63-0.83-0.78-0.78-0.66-0.8-0.8-0.8
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Nuveen Core Account Relationship Matchups

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