Nerdwallet Accounts Payable vs Cash And Short Term Investments Analysis

NRDS Stock

USD 14.23 0.36 2.60%

Nerdwallet financial indicator trend analysis is infinitely more than just investigating Nerdwallet recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nerdwallet is a good investment. Please check the relationship between Nerdwallet Accounts Payable and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between Nerdwallet's Accounts Payable and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Accounts Payable and Cash And Short Term Investments 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 Nerdwallet are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Nerdwallet's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Nerdwallet 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 Nerdwallet 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nerdwallet balance sheet. This account contains Nerdwallet investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nerdwallet fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Nerdwallet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nerdwallet 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 Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.At this time, Nerdwallet's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 45.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	35M	37M	48.2M	33.5M
Interest Income	100K	1.5M	3.6M	3.8M

Depreciation And Amortization Interest Income

Nerdwallet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		-0.97	0.93	0.83	0.99	0.27	0.93	0.99	0.94	-0.86	-0.92	0.48	0.72	0.97	0.95	-0.6	-0.61	0.73	0.95	0.97	0.8	-0.88	-0.54	-0.77	0.98	0.98
Short Long Term Debt Total	-0.97		-0.92	-0.84	-0.97	-0.15	-0.98	-0.97	-0.96	0.9	0.98	-0.31	-0.75	-0.91	-0.89	0.74	0.72	-0.76	-0.94	-0.91	-0.86	0.95	0.62	0.88	-0.96	-0.97
Other Current Liab	0.93	-0.92		0.98	0.91	0.29	0.85	0.89	0.92	-0.88	-0.82	0.46	0.77	0.85	0.84	-0.66	-0.42	0.77	0.9	0.84	0.6	-0.87	-0.3	-0.82	0.88	0.91
Total Current Liabilities	0.83	-0.84	0.98		0.82	0.22	0.78	0.8	0.87	-0.82	-0.74	0.38	0.73	0.75	0.72	-0.69	-0.34	0.72	0.84	0.72	0.5	-0.84	-0.21	-0.82	0.77	0.83
Total Stockholder Equity	0.99	-0.97	0.91	0.82		0.18	0.95	0.99	0.97	-0.85	-0.94	0.37	0.69	0.96	0.9	-0.67	-0.6	0.7	0.97	0.97	0.82	-0.91	-0.59	-0.83	0.98	1.0
Other Liab	0.27	-0.15	0.29	0.22	0.18		-0.02	0.14	0.03	-0.47	0.0	0.78	0.61	0.18	0.49	0.39	0.12	0.62	-0.01	0.13	-0.19	0.12	0.51	0.16	0.34	0.16
Net Tangible Assets	0.93	-0.98	0.85	0.78	0.95	-0.02		0.96	0.95	-0.81	-0.99	0.21	0.64	0.9	0.83	-0.79	-0.79	0.64	0.94	0.91	0.93	-0.97	-0.75	-0.89	0.91	0.95
Property Plant And Equipment Net	0.99	-0.97	0.89	0.8	0.99	0.14	0.96		0.95	-0.8	-0.94	0.41	0.62	0.99	0.91	-0.64	-0.65	0.63	0.98	0.99	0.86	-0.9	-0.64	-0.79	0.96	0.98
Current Deferred Revenue	0.94	-0.96	0.92	0.87	0.97	0.03	0.95	0.95		-0.83	-0.94	0.19	0.67	0.89	0.78	-0.82	-0.56	0.67	0.97	0.9	0.8	-0.97	-0.6	-0.93	0.92	0.98
Net Debt	-0.86	0.9	-0.88	-0.82	-0.85	-0.47	-0.81	-0.8	-0.83		0.83	-0.38	-0.97	-0.73	-0.85	0.61	0.54	-0.97	-0.74	-0.71	-0.62	0.8	0.3	0.78	-0.91	-0.86
Retained Earnings	-0.92	0.98	-0.82	-0.74	-0.94	0.0	-0.99	-0.94	-0.94	0.83		-0.17	-0.67	-0.88	-0.82	0.79	0.81	-0.67	-0.92	-0.89	-0.94	0.96	0.76	0.89	-0.92	-0.95
Accounts Payable	0.48	-0.31	0.46	0.38	0.37	0.78	0.21	0.41	0.19	-0.38	-0.17		0.38	0.51	0.69	0.35	-0.06	0.39	0.29	0.45	0.06	-0.05	0.25	0.11	0.43	0.33
Cash	0.72	-0.75	0.77	0.73	0.69	0.61	0.64	0.62	0.67	-0.97	-0.67	0.38		0.54	0.74	-0.47	-0.42	1.0	0.54	0.52	0.43	-0.63	-0.09	-0.65	0.79	0.7
Non Current Assets Total	0.97	-0.91	0.85	0.75	0.96	0.18	0.9	0.99	0.89	-0.73	-0.88	0.51	0.54		0.92	-0.52	-0.6	0.55	0.95	1.0	0.81	-0.83	-0.6	-0.68	0.93	0.95
Non Currrent Assets Other	0.95	-0.89	0.84	0.72	0.9	0.49	0.83	0.91	0.78	-0.85	-0.82	0.69	0.74	0.92		-0.36	-0.62	0.75	0.81	0.9	0.72	-0.71	-0.41	-0.58	0.94	0.88
Other Assets	-0.6	0.74	-0.66	-0.69	-0.67	0.39	-0.79	-0.64	-0.82	0.61	0.79	0.35	-0.47	-0.52	-0.36		0.54	-0.46	-0.74	-0.55	-0.69	0.9	0.64	0.96	-0.59	-0.7
Long Term Debt	-0.61	0.72	-0.42	-0.34	-0.6	0.12	-0.79	-0.65	-0.56	0.54	0.81	-0.06	-0.42	-0.6	-0.62	0.54		-0.43	-0.57	-0.6	-0.91	0.68	0.82	0.59	-0.62	-0.59
Cash And Short Term Investments	0.73	-0.76	0.77	0.72	0.7	0.62	0.64	0.63	0.67	-0.97	-0.67	0.39	1.0	0.55	0.75	-0.46	-0.43		0.55	0.53	0.44	-0.63	-0.1	-0.65	0.8	0.71
Net Receivables	0.95	-0.94	0.9	0.84	0.97	-0.01	0.94	0.98	0.97	-0.74	-0.92	0.29	0.54	0.95	0.81	-0.74	-0.57	0.55		0.96	0.82	-0.94	-0.64	-0.85	0.9	0.97
Good Will	0.97	-0.91	0.84	0.72	0.97	0.13	0.91	0.99	0.9	-0.71	-0.89	0.45	0.52	1.0	0.9	-0.55	-0.6	0.53	0.96		0.83	-0.84	-0.64	-0.7	0.93	0.95
Common Stock Shares Outstanding	0.8	-0.86	0.6	0.5	0.82	-0.19	0.93	0.86	0.8	-0.62	-0.94	0.06	0.43	0.81	0.72	-0.69	-0.91	0.44	0.82	0.83		-0.86	-0.92	-0.75	0.8	0.82
Non Current Liabilities Total	-0.88	0.95	-0.87	-0.84	-0.91	0.12	-0.97	-0.9	-0.97	0.8	0.96	-0.05	-0.63	-0.83	-0.71	0.9	0.68	-0.63	-0.94	-0.84	-0.86		0.69	0.97	-0.85	-0.92
Capital Lease Obligations	-0.54	0.62	-0.3	-0.21	-0.59	0.51	-0.75	-0.64	-0.6	0.3	0.76	0.25	-0.09	-0.6	-0.41	0.64	0.82	-0.1	-0.64	-0.64	-0.92	0.69		0.61	-0.53	-0.6
Inventory	-0.77	0.88	-0.82	-0.82	-0.83	0.16	-0.89	-0.79	-0.93	0.78	0.89	0.11	-0.65	-0.68	-0.58	0.96	0.59	-0.65	-0.85	-0.7	-0.75	0.97	0.61		-0.77	-0.85
Other Current Assets	0.98	-0.96	0.88	0.77	0.98	0.34	0.91	0.96	0.92	-0.91	-0.92	0.43	0.79	0.93	0.94	-0.59	-0.62	0.8	0.9	0.93	0.8	-0.85	-0.53	-0.77		0.98
Other Stockholder Equity	0.98	-0.97	0.91	0.83	1.0	0.16	0.95	0.98	0.98	-0.86	-0.95	0.33	0.7	0.95	0.88	-0.7	-0.59	0.71	0.97	0.95	0.82	-0.92	-0.6	-0.85	0.98

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When running Nerdwallet's price analysis, check to measure Nerdwallet'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 Nerdwallet is operating at the current time. Most of Nerdwallet's value examination focuses on studying past and present price action to predict the probability of Nerdwallet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdwallet's price. Additionally, you may evaluate how the addition of Nerdwallet to your portfolios can decrease your overall portfolio volatility.

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Nerdwallet Accounts Payable vs Cash And Short Term Investments Analysis

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash And Short Term Investments

Nerdwallet fundamental ratios Correlations

Nerdwallet Account Relationship Matchups

High Positive Relationship

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Thematic Opportunities

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Additional Tools for Nerdwallet Stock Analysis

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Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity

Retained Earnings	- 0.99	Net Tangible Assets
Net Tangible Assets	- 0.98	Short Long Term Debt Total
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Non Current Liabilities Total	- 0.97	Current Deferred Revenue
Non Current Liabilities Total	- 0.97	Net Tangible Assets