NextPlat Common Stock Shares Outstanding vs Short Term Debt Analysis

NXPLW Stock  USD 0.21  0.01  5.00%   
NextPlat Corp financial indicator trend analysis is infinitely more than just investigating NextPlat Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextPlat Corp is a good investment. Please check the relationship between NextPlat Corp Common Stock Shares Outstanding and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Short Term Debt

Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextPlat Corp Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NextPlat Corp's Common Stock Shares Outstanding and Short Term Debt is 0.93. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of NextPlat Corp, assuming nothing else is changed. The correlation between historical values of NextPlat Corp's Common Stock Shares Outstanding and Short 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 Common Stock Shares Outstanding of NextPlat Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., NextPlat Corp's Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Debt

Most indicators from NextPlat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextPlat Corp 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, NextPlat Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 170.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M24.5K79K75.1K
Depreciation And Amortization350.1K595.7K2.5M2.7M

NextPlat Corp fundamental ratios Correlations

0.960.96-0.93-0.260.950.960.960.990.680.970.99-0.290.910.970.960.46-0.19-0.020.960.950.980.920.930.09-0.89
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-0.26-0.26-0.230.26-0.26-0.27-0.27-0.29-0.87-0.26-0.27-0.560.06-0.23-0.27-0.11-0.36-0.84-0.25-0.36-0.25-0.31-0.250.120.24
0.951.00.83-0.78-0.260.830.830.930.630.990.92-0.20.910.980.970.3-0.140.01.00.960.990.960.980.05-0.95
0.960.860.99-1.0-0.270.831.00.960.70.870.98-0.30.80.870.880.61-0.180.010.840.860.90.80.810.1-0.77
0.960.860.99-1.0-0.270.831.00.960.70.870.98-0.30.80.870.880.61-0.180.010.840.860.90.80.810.1-0.77
0.990.940.97-0.94-0.290.930.960.960.710.950.99-0.250.880.970.970.42-0.160.010.940.950.970.890.930.11-0.87
0.680.640.68-0.69-0.870.630.70.70.710.640.70.290.380.630.650.350.180.620.620.720.650.630.61-0.03-0.58
0.971.00.86-0.83-0.260.990.870.870.950.640.94-0.210.920.980.980.37-0.13-0.011.00.970.990.950.980.07-0.94
0.990.940.98-0.96-0.270.920.980.980.990.70.94-0.280.880.940.940.53-0.180.00.930.930.970.890.90.09-0.86
-0.29-0.2-0.350.3-0.56-0.2-0.3-0.3-0.250.29-0.21-0.28-0.43-0.29-0.24-0.220.680.71-0.21-0.16-0.25-0.29-0.17-0.250.17
0.910.910.84-0.770.060.910.80.80.880.380.920.88-0.430.940.890.31-0.28-0.310.910.860.920.840.890.13-0.85
0.970.970.9-0.84-0.230.980.870.870.970.630.980.94-0.290.940.970.29-0.21-0.050.980.960.990.940.960.1-0.92
0.960.970.88-0.84-0.270.970.880.880.970.650.980.94-0.240.890.970.32-0.14-0.030.970.980.980.920.970.14-0.91
0.460.370.55-0.65-0.110.30.610.610.420.350.370.53-0.220.310.290.32-0.090.070.320.340.380.350.230.0-0.23
-0.19-0.12-0.220.18-0.36-0.14-0.18-0.18-0.160.18-0.13-0.180.68-0.28-0.21-0.14-0.090.4-0.15-0.11-0.17-0.23-0.09-0.110.12
-0.020.0-0.04-0.01-0.840.00.010.010.010.62-0.010.00.71-0.31-0.05-0.030.070.4-0.010.1-0.030.05-0.03-0.31-0.01
0.961.00.84-0.8-0.251.00.840.840.940.621.00.93-0.210.910.980.970.32-0.15-0.010.960.990.960.980.04-0.95
0.950.960.86-0.82-0.360.960.860.860.950.720.970.93-0.160.860.960.980.34-0.110.10.960.970.920.950.12-0.91
0.980.990.9-0.86-0.250.990.90.90.970.650.990.97-0.250.920.990.980.38-0.17-0.030.990.970.950.970.07-0.93
0.920.960.8-0.76-0.310.960.80.80.890.630.950.89-0.290.840.940.920.35-0.230.050.960.920.950.930.04-0.92
0.930.980.81-0.77-0.250.980.810.810.930.610.980.9-0.170.890.960.970.23-0.09-0.030.980.950.970.93-0.01-0.93
0.090.050.13-0.10.120.050.10.10.11-0.030.070.09-0.250.130.10.140.0-0.11-0.310.040.120.070.04-0.01-0.02
-0.89-0.94-0.770.710.24-0.95-0.77-0.77-0.87-0.58-0.94-0.860.17-0.85-0.92-0.91-0.230.12-0.01-0.95-0.91-0.93-0.92-0.93-0.02
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NextPlat Corp Account Relationship Matchups

NextPlat Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M2.6M20.6M28.6M64.5M67.7M
Total Current Liabilities1.4M1.5M2.8M2.1M14.2M14.9M
Total Stockholder Equity639.7K565.2K17.5M25.8M32.2M33.8M
Net Debt321.5K17.6K(16.9M)(17.8M)(23.3M)(22.1M)
Retained Earnings(11.1M)(13.9M)(22.0M)(31.1M)(34.9M)(33.2M)
Accounts Payable901.2K747.5K846.4K1.2M12.1M12.7M
Cash75.4K728.8K17.3M18.9M26.3M27.6M
Cash And Short Term Investments75.4K728.8K17.3M18.9M26.3M27.6M
Common Stock Shares Outstanding21.2K267.9K4.1M9.6M17.5M18.4M
Liabilities And Stockholders Equity2.4M2.6M20.6M28.6M64.5M67.7M
Other Stockholder Equity11.8M14.5M39.5M57.0M67.2M70.5M
Total Liab1.8M2.1M3.0M2.9M16.4M17.2M
Total Current Assets877.4K1.4M19.4M21.2M43.6M45.8M
Common Stock12.0408.0705.01.4K2K1.9K
Property Plant And Equipment Net1.4M1.2M1.1M2.1M5.6M5.9M
Non Current Assets Total1.5M1.3M1.2M7.5M20.8M21.9M
Short Long Term Debt Total396.9K746.3K329.9K1.1M3.0M3.2M
Other Current Liab402.2K422.7K1.8M524.3K943K658.2K
Current Deferred Revenue87.3K90.3K96.5K122.9K42K81.8K
Net Receivables320.4K252.6K941.7K959K11.6M12.1M
Non Current Liabilities Total343.1K552.5K253.8K806.2K2.1M2.3M
Inventory366.3K361.4K1.0M1.3M5.1M5.4M
Other Current Assets96.8K29.7K145.6K46K640K672K
Short Term Debt53.7K295.9K95.9K269K1.4M1.5M
Intangible Assets125M100K75K50.0M14.4M16.2M
Accumulated Other Comprehensive Income(2.2K)(42.8K)3.2K(40.7K)(63K)(66.2K)
Net Invested Capital955.7K1.3M17.8M26.0M33.7M35.4M
Capital Stock12.0408.0705.01.4K2K1.2K
Net Working Capital(567.0K)(144.1K)16.6M19.1M29.4M30.9M

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