Nerdwallet Capital Lease Obligations vs Non Currrent Assets Other Analysis

NRDS Stock

USD 13.75 0.22 1.57%

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 Capital Lease Obligations and its Non Currrent Assets Other 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.

Capital Lease Obligations vs Non Currrent Assets Other

Capital Lease Obligations vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Capital Lease Obligations account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Nerdwallet's Capital Lease Obligations and Non Currrent Assets Other is -0.41. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Capital Lease Obligations and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Nerdwallet are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Capital Lease Obligations i.e., Nerdwallet's Capital Lease Obligations and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capital Lease Obligations

Nerdwallet capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Nerdwallet asset purchases. For example, Nerdwallet can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Nerdwallet control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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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Nerdwallet Capital Lease Obligations vs Non Currrent Assets Other Analysis

Capital Lease Obligations vs Non Currrent Assets Other

Capital Lease Obligations vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Non Currrent Assets Other

Nerdwallet fundamental ratios Correlations

Nerdwallet Account Relationship Matchups

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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