Nukkleus Common Stock vs Accounts Payable Analysis
NUKK Stock | USD 1.75 0.05 2.78% |
Nukkleus financial indicator trend analysis is infinitely more than just investigating Nukkleus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nukkleus is a good investment. Please check the relationship between Nukkleus Common Stock and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nukkleus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Nukkleus Stock please use our How to buy in Nukkleus Stock guide.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nukkleus Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nukkleus' Common Stock and Accounts Payable is 0.65. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nukkleus, assuming nothing else is changed. The correlation between historical values of Nukkleus' Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Nukkleus are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Nukkleus' Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Nukkleus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nukkleus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Nukkleus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nukkleus 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 Nukkleus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Nukkleus Stock please use our How to buy in Nukkleus Stock guide.Selling General Administrative is expected to rise to about 3.4 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.19.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 28.3M | 3.2M | 3.7M | 3.5M | Cost Of Revenue | 22.2M | 16.3M | 18.7M | 14.8M |
Nukkleus fundamental ratios Correlations
Click cells to compare fundamentals
Nukkleus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nukkleus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 203.0K | 3.8M | 16.7M | 18.4M | 21.1M | 22.2M | |
Other Current Liab | 5.0M | 4.6M | 2.5M | 3.6M | 4.1M | 4.3M | |
Total Current Liabilities | 1.3M | 5.2M | 4.6M | 7.5M | 8.6M | 9.0M | |
Total Stockholder Equity | (1.3M) | (1.4M) | 12.0M | 10.9M | 12.5M | 13.2M | |
Net Debt | 158.3K | 161.0K | 1.3M | 3.3M | 3.8M | 4.0M | |
Retained Earnings | (1.5M) | (1.6M) | (2.5M) | (14.3M) | (12.9M) | (12.3M) | |
Cash | 23.5K | 82.8K | 355.7K | 364.0K | 418.6K | 439.6K | |
Cash And Short Term Investments | 192.5K | 82.9K | 355.7K | 364.0K | 418.6K | 439.6K | |
Common Stock Shares Outstanding | 6.3M | 257.8M | 367.2M | 10.1M | 9.1M | 8.6M | |
Liabilities And Stockholders Equity | 203.0K | 3.8M | 16.7M | 18.4M | 21.1M | 22.2M | |
Total Liab | 1.5M | 5.2M | 4.6M | 7.5M | 8.6M | 9.0M | |
Total Current Assets | 203.0K | 3.8M | 3.0M | 3.7M | 4.2M | 4.5M | |
Net Tangible Assets | (1.3M) | (1.4M) | (1.6M) | 2.8M | 3.2M | 3.4M | |
Net Receivables | 3.7M | 2.7M | 35K | 966.1K | 1.1M | 1.0M | |
Short Term Investments | 168.9K | 12.0 | 1.2M | 248.2K | 285.4K | 224.1K | |
Non Current Liabilities Total | 246.2K | 247.6K | 180.5K | 254.9K | 229.4K | 285.1K | |
Inventory | (172.8K) | (3.7M) | (2.6M) | 2.0M | 1.8M | 1.9M | |
Other Current Assets | 3.7M | 2.6M | 3.3M | 3.3M | 3.8M | 4.0M | |
Short Term Debt | 181.8K | 243.8K | 49.0K | 3.7M | 4.2M | 4.4M | |
Short Long Term Debt Total | 181.8K | 243.8K | 1.6M | 3.7M | 4.2M | 4.4M | |
Net Invested Capital | (1.3M) | (1.4M) | 12.0M | 10.9M | 12.5M | 13.2M | |
Net Working Capital | (1.0M) | (1.4M) | (1.6M) | (3.8M) | (3.4M) | (3.2M) |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nukkleus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Nukkleus Stock please use our How to buy in Nukkleus Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nukkleus. If investors know Nukkleus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nukkleus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (19.36) | Revenue Per Share 7.024 | Quarterly Revenue Growth (0.97) | Return On Assets (1.15) | Return On Equity (7.42) |
The market value of Nukkleus is measured differently than its book value, which is the value of Nukkleus that is recorded on the company's balance sheet. Investors also form their own opinion of Nukkleus' value that differs from its market value or its book value, called intrinsic value, which is Nukkleus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nukkleus' market value can be influenced by many factors that don't directly affect Nukkleus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nukkleus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nukkleus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nukkleus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.