NU Stock | | | USD 13.40 0.08 0.60% |
Nu Holdings financial indicator trend analysis is infinitely more than just investigating Nu Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Holdings is a good investment. Please check the relationship between Nu Holdings Net Tangible Assets and its Other Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Nu Holdings Stock please use our
How to Invest in Nu Holdings guide.
Net Tangible Assets vs Other Current Assets
Net Tangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nu Holdings Net Tangible Assets account and
Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Nu Holdings' Net Tangible Assets and Other Current Assets is -0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Nu Holdings, assuming nothing else is changed. The correlation between historical values of Nu Holdings' Net Tangible Assets and Other Current Assets 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 Tangible Assets of Nu Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., Nu Holdings' Net Tangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Nu Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Holdings 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 Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Nu Holdings Stock please use our
How to Invest in Nu Holdings guide.At this time, Nu Holdings'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.43 in 2024, whereas
Selling General Administrative is likely to drop slightly above 646.1
M in 2024.
Nu Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Nu Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nu Holdings fundamental ratios Accounts
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Additional Tools for Nu Holdings Stock Analysis
When running Nu Holdings' price analysis, check to
measure Nu Holdings' 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 Nu Holdings is operating at the current time. Most of Nu Holdings' value examination focuses on studying past and present price action to
predict the probability of Nu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nu Holdings' price. Additionally, you may evaluate how the addition of Nu Holdings to your portfolios can decrease your overall portfolio volatility.