Nutanix Net Receivables vs Other Current Liab Analysis

NTNX Stock  USD 72.80  0.38  0.52%   
Nutanix financial indicator trend analysis is infinitely more than just investigating Nutanix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutanix is a good investment. Please check the relationship between Nutanix Net Receivables and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutanix Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nutanix's Net Receivables and Other Current Liab is 0.42. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Nutanix, assuming nothing else is changed. The correlation between historical values of Nutanix's Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Nutanix are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Nutanix's Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Liab

Most indicators from Nutanix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutanix 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 Nutanix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.At this time, Nutanix's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 75.33 in 2024, whereas Selling General Administrative is likely to drop slightly above 114.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.9B
Total Revenue1.6B1.9B2.1B1.1B

Nutanix fundamental ratios Correlations

0.960.930.99-0.680.93-0.770.940.990.7-0.950.330.880.960.910.940.930.680.930.930.910.790.950.970.940.7
0.960.860.96-0.580.94-0.690.930.940.76-0.890.480.830.980.870.910.990.760.940.950.870.710.90.970.90.58
0.930.860.93-0.840.87-0.880.90.930.82-0.920.070.720.890.990.880.840.420.80.930.90.730.880.950.890.58
0.990.960.93-0.690.93-0.760.940.990.73-0.950.380.850.960.930.940.930.670.960.940.930.760.930.970.940.67
-0.68-0.58-0.84-0.69-0.710.96-0.67-0.7-0.690.80.19-0.54-0.63-0.86-0.76-0.57-0.06-0.49-0.78-0.81-0.68-0.72-0.76-0.78-0.6
0.930.940.870.93-0.71-0.80.940.920.76-0.870.390.750.960.90.890.910.690.890.960.840.720.840.970.890.6
-0.77-0.69-0.88-0.760.96-0.8-0.77-0.76-0.770.830.06-0.59-0.74-0.9-0.8-0.68-0.19-0.6-0.86-0.84-0.68-0.78-0.84-0.82-0.58
0.940.930.90.94-0.670.94-0.770.940.72-0.890.380.780.980.90.890.870.70.90.920.860.670.870.940.890.64
0.990.940.930.99-0.70.92-0.760.940.68-0.950.350.860.940.920.930.910.670.950.920.910.790.930.960.930.7
0.70.760.820.73-0.690.76-0.770.720.68-0.670.060.390.760.850.650.80.260.610.870.710.370.610.830.660.14
-0.95-0.89-0.92-0.950.8-0.870.83-0.89-0.95-0.67-0.27-0.91-0.89-0.92-0.99-0.87-0.56-0.86-0.91-0.98-0.87-0.99-0.94-0.99-0.81
0.330.480.070.380.190.390.060.380.350.06-0.270.420.430.140.350.440.840.610.260.270.180.310.310.330.26
0.880.830.720.85-0.540.75-0.590.780.860.39-0.910.420.810.70.930.80.70.830.740.870.880.960.790.920.89
0.960.980.890.96-0.630.96-0.740.980.940.76-0.890.430.810.890.910.940.740.920.950.870.690.890.970.90.6
0.910.870.990.93-0.860.9-0.90.90.920.85-0.920.140.70.890.890.860.450.820.950.910.70.860.960.90.57
0.940.910.880.94-0.760.89-0.80.890.930.65-0.990.350.930.910.890.890.630.870.910.970.860.990.931.00.83
0.930.990.840.93-0.570.91-0.680.870.910.8-0.870.440.80.940.860.890.710.910.940.860.690.880.950.880.51
0.680.760.420.67-0.060.69-0.190.70.670.26-0.560.840.70.740.450.630.710.830.560.510.50.610.610.610.51
0.930.940.80.96-0.490.89-0.60.90.950.61-0.860.610.830.920.820.870.910.830.840.830.680.860.90.860.62
0.930.950.930.94-0.780.96-0.860.920.920.87-0.910.260.740.950.950.910.940.560.840.890.720.870.990.910.54
0.910.870.90.93-0.810.84-0.840.860.910.71-0.980.270.870.870.910.970.860.510.830.890.770.960.920.980.77
0.790.710.730.76-0.680.72-0.680.670.790.37-0.870.180.880.690.70.860.690.50.680.720.770.870.740.860.83
0.950.90.880.93-0.720.84-0.780.870.930.61-0.990.310.960.890.860.990.880.610.860.870.960.870.910.980.83
0.970.970.950.97-0.760.97-0.840.940.960.83-0.940.310.790.970.960.930.950.610.90.990.920.740.910.930.6
0.940.90.890.94-0.780.89-0.820.890.930.66-0.990.330.920.90.91.00.880.610.860.910.980.860.980.930.82
0.70.580.580.67-0.60.6-0.580.640.70.14-0.810.260.890.60.570.830.510.510.620.540.770.830.830.60.82
Click cells to compare fundamentals

Nutanix Account Relationship Matchups

Nutanix fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding194.7M206.5M220.5M233.2M244.7M189.8M
Total Assets1.8B2.3B2.4B2.5B2.1B1.6B
Other Current Liab135.0M165.1M199.0M229.8M182.9M93.8M
Total Current Liabilities760.2M927.9M1.2B1.1B1.2B701.8M
Total Stockholder Equity(275.0M)(1.0B)(790.2M)(707.4M)(728.1M)(691.7M)
Other Liab676.3M1.2B759.7M801.4M921.6M532.6M
Net Tangible Assets(509.6M)(1.2B)(991.3M)(897.3M)(807.5M)(767.1M)
Property Plant And Equipment Net270.5M237.5M232.2M205.4M245.3M155.6M
Current Deferred Revenue534.6M636.4M721.0M823.7M954.5M477.9M
Net Debt324.8M899.2M1.0B803.7M29.3M27.9M
Retained Earnings(2.5B)(3.6B)(4.4B)(4.6B)(4.8B)(4.6B)
Accounts Payable54.0M47.1M44.9M29.9M45.1M53.6M
Cash318.7M285.7M402.9M512.9M655.3M688.0M
Non Current Assets Total674.5M715.2M707.8M665.2M662.6M454.6M
Non Currrent Assets Other169.4M260.4M274.5M269.9M226.9M134.1M
Other Assets169.4M260.4M274.5M269.9M310.4M325.9M
Cash And Short Term Investments719.8M1.2B1.3B1.4B994.3M827.5M
Net Receivables242.5M180.8M124.6M157.3M229.8M179.8M
Liabilities And Stockholders Equity1.8B2.3B2.4B2.5B2.1B1.6B
Non Current Liabilities Total1.3B2.4B2.0B2.1B1.6B1.2B
Inventory68.7M110.9M171.7M120.0M138.0M144.9M
Other Current Assets63.0M167.8M37.4M267.1M257.2M270.0M
Other Stockholder Equity2.2B2.6B3.6B3.9B4.1B4.3B
Total Liab2.0B3.3B3.2B3.2B2.9B1.9B
Deferred Long Term Liab146.8M232.5M252.2M238.0M273.7M287.4M
Property Plant And Equipment Gross270.5M237.5M232.2M205.4M771.8M810.4M
Total Current Assets1.1B1.6B1.7B1.9B1.5B1.1B
Accumulated Other Comprehensive Income2.0M(8K)(6.1M)(5.2M)146K153.3K
Short Term Debt36.6M44.4M185.3M33.1M28.1M26.7M
Property Plant Equipment270.5M237.5M232.2M205.4M236.2M144.2M
Short Term Investments401.0M928.0M921.4M924.5M339.1M553.7M
Short Long Term Debt Total643.6M1.2B1.4B1.3B684.6M886.5M
Long Term Debt490.2M1.1B1.2B1.2B570.1M666.4M
Non Current Liabilities Other27.4M42.7M35.2M39.8M49.1M32.1M
Good Will87.8M185.2M185.3M184.9M185.2M167.1M
Retained Earnings Total Equity(1.0B)(1.6B)(2.5B)(4.4B)(3.9B)(3.7B)
Capital Surpluse1.4B1.8B2.2B3.6B4.1B2.2B

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