NTZ Stock | | | USD 4.33 0.02 0.46% |
Natuzzi SpA financial indicator trend analysis is infinitely more than just investigating Natuzzi SpA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natuzzi SpA is a good investment. Please check the relationship between Natuzzi SpA Other Current Liab and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.
Other Current Liab vs Retained Earnings
Other Current Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natuzzi SpA Other Current Liab account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natuzzi SpA's Other Current Liab and Retained Earnings is -0.38. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Natuzzi SpA, assuming nothing else is changed. The correlation between historical values of Natuzzi SpA's Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Natuzzi SpA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Natuzzi SpA's Other Current Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Natuzzi SpA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natuzzi SpA 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 Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.At this time, Natuzzi SpA's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.19 in 2024, whereas
Tax Provision is likely to drop slightly above 1.5
M in 2024.
Natuzzi SpA fundamental ratios Correlations
Click cells to compare fundamentals
Natuzzi SpA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natuzzi SpA fundamental ratios Accounts
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Additional Tools for Natuzzi Stock Analysis
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measure Natuzzi SpA'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 Natuzzi SpA is operating at the current time. Most of Natuzzi SpA's value examination focuses on studying past and present price action to
predict the probability of Natuzzi SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natuzzi SpA's price. Additionally, you may evaluate how the addition of Natuzzi SpA to your portfolios can decrease your overall portfolio volatility.