Nerdwallet Cash vs Long Term Debt 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 Cash and its Long Term Debt 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.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Cash account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nerdwallet's Cash and Long Term Debt is -0.42. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Nerdwallet are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Nerdwallet's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Nerdwallet, which is listed under current asset account on Nerdwallet balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nerdwallet customers. The amounts must be unrestricted with restricted cash listed in a different Nerdwallet 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.Long Term Debt
Long-term debt is a debt that Nerdwallet has held for over one year. Long-term debt appears on Nerdwallet balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nerdwallet balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 |
Nerdwallet fundamental ratios Correlations
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Nerdwallet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Nerdwallet Stock Analysis
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.