Next Change To Account Receivables vs Depreciation Analysis

NXT Stock

12,710 130.00 1.03%

Next PLC financial indicator trend analysis is infinitely more than just investigating Next PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Next PLC is a good investment. Please check the relationship between Next PLC Change To Account Receivables and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Next PLC. 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.

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next PLC Change To Account Receivables account and Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Next PLC's Change To Account Receivables and Depreciation is 0.32. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of Next PLC, assuming nothing else is changed. The correlation between historical values of Next PLC's Change To Account Receivables and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Next PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Account Receivables i.e., Next PLC's Change To Account Receivables and Depreciation go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change To Account Receivables

Depreciation

Depreciation indicates how much of Next PLC value has been used up. For tax purposes Next PLC can deduct the cost of the tangible assets it purchases as business expenses. However, Next PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Next PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Next PLC 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 Next PLC. 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.

The current year's Selling General Administrative is expected to grow to about 704.1 M, whereas Tax Provision is forecasted to decline to about 168.5 M.

	2022	2023	2024	2025 (projected)
Interest Expense	77.9M	87.5M	96.6M	1.6M
Depreciation And Amortization	220M	246M	311M	5.7M

Interest Expense Depreciation And Amortization

Next PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets
Total Assets		0.89	0.65	0.92	0.82	0.94	0.87	0.93	0.85	0.48	0.96	0.2	0.48	-0.05	-0.7	0.87	0.96	-0.12	-0.48	0.95	0.81	0.97	0.72	-0.76	-0.41	0.56
Short Long Term Debt Total	0.89		0.36	0.78	0.54	0.96	0.98	0.71	0.58	0.52	0.86	0.22	0.52	-0.19	-0.62	0.85	0.75	-0.06	-0.55	0.95	0.6	0.84	0.82	-0.66	-0.53	0.6
Other Current Liab	0.65	0.36		0.77	0.57	0.45	0.32	0.84	0.85	0.32	0.52	0.09	0.32	-0.19	-0.64	0.5	0.78	-0.01	-0.4	0.61	0.59	0.74	0.22	-0.75	0.28	-0.02
Total Current Liabilities	0.92	0.78	0.77		0.69	0.81	0.75	0.9	0.88	0.5	0.82	0.22	0.5	-0.2	-0.71	0.7	0.92	-0.06	-0.65	0.91	0.74	0.94	0.76	-0.8	-0.17	0.35
Total Stockholder Equity	0.82	0.54	0.57	0.69		0.7	0.53	0.8	0.79	0.29	0.85	0.2	0.3	0.37	-0.45	0.65	0.88	-0.3	-0.07	0.62	0.86	0.77	0.48	-0.46	-0.48	0.6
Property Plant And Equipment Net	0.94	0.96	0.45	0.81	0.7		0.96	0.78	0.71	0.41	0.96	0.26	0.41	-0.03	-0.61	0.86	0.84	-0.16	-0.47	0.94	0.73	0.86	0.76	-0.64	-0.58	0.64
Net Debt	0.87	0.98	0.32	0.75	0.53	0.96		0.68	0.56	0.35	0.86	0.19	0.36	-0.18	-0.59	0.82	0.74	-0.03	-0.59	0.93	0.59	0.81	0.78	-0.63	-0.53	0.59
Retained Earnings	0.93	0.71	0.84	0.9	0.8	0.78	0.68		0.9	0.42	0.83	0.08	0.42	-0.15	-0.78	0.8	0.96	-0.07	-0.48	0.87	0.76	0.95	0.52	-0.86	-0.09	0.35
Accounts Payable	0.85	0.58	0.85	0.88	0.79	0.71	0.56	0.9		0.33	0.8	0.16	0.33	0.03	-0.59	0.65	0.93	-0.14	-0.38	0.76	0.81	0.85	0.46	-0.69	-0.12	0.25
Cash	0.48	0.52	0.32	0.5	0.29	0.41	0.35	0.42	0.33		0.38	0.25	1.0	-0.16	-0.38	0.51	0.38	-0.14	-0.09	0.51	0.31	0.55	0.53	-0.41	-0.21	0.3
Non Current Assets Total	0.96	0.86	0.52	0.82	0.85	0.96	0.86	0.83	0.8	0.38		0.29	0.38	0.1	-0.58	0.85	0.9	-0.27	-0.34	0.88	0.84	0.87	0.69	-0.62	-0.59	0.66
Non Currrent Assets Other	0.2	0.22	0.09	0.22	0.2	0.26	0.19	0.08	0.16	0.25	0.29		0.26	0.27	0.01	0.24	0.14	-0.55	0.04	0.17	0.25	0.11	0.3	0.03	-0.43	0.38
Cash And Short Term Investments	0.48	0.52	0.32	0.5	0.3	0.41	0.36	0.42	0.33	1.0	0.38	0.26		-0.14	-0.38	0.52	0.39	-0.16	-0.09	0.51	0.31	0.55	0.53	-0.41	-0.22	0.31
Common Stock Total Equity	-0.05	-0.19	-0.19	-0.2	0.37	-0.03	-0.18	-0.15	0.03	-0.16	0.1	0.27	-0.14		0.6	-0.11	0.0	-0.4	0.53	-0.27	0.14	-0.16	-0.1	0.59	-0.53	0.13
Common Stock Shares Outstanding	-0.7	-0.62	-0.64	-0.71	-0.45	-0.61	-0.59	-0.78	-0.59	-0.38	-0.58	0.01	-0.38	0.6		-0.64	-0.68	-0.07	0.55	-0.74	-0.47	-0.76	-0.43	0.97	-0.08	-0.42
Non Current Liabilities Total	0.87	0.85	0.5	0.7	0.65	0.86	0.82	0.8	0.65	0.51	0.85	0.24	0.52	-0.11	-0.64		0.8	-0.31	-0.23	0.87	0.71	0.85	0.54	-0.69	-0.4	0.53
Inventory	0.96	0.75	0.78	0.92	0.88	0.84	0.74	0.96	0.93	0.38	0.9	0.14	0.39	0.0	-0.68	0.8		-0.14	-0.44	0.87	0.85	0.96	0.62	-0.75	-0.27	0.45
Other Current Assets	-0.12	-0.06	-0.01	-0.06	-0.3	-0.16	-0.03	-0.07	-0.14	-0.14	-0.27	-0.55	-0.16	-0.4	-0.07	-0.31	-0.14		-0.49	0.0	-0.35	-0.03	-0.14	-0.1	0.43	-0.29
Other Stockholder Equity	-0.48	-0.55	-0.4	-0.65	-0.07	-0.47	-0.59	-0.48	-0.38	-0.09	-0.34	0.04	-0.09	0.53	0.55	-0.23	-0.44	-0.49		-0.63	-0.09	-0.54	-0.55	0.63	-0.18	0.0
Total Liab	0.95	0.95	0.61	0.91	0.62	0.94	0.93	0.87	0.76	0.51	0.88	0.17	0.51	-0.27	-0.74	0.87	0.87	0.0	-0.63		0.67	0.94	0.75	-0.81	-0.31	0.47
Property Plant And Equipment Gross	0.81	0.6	0.59	0.74	0.86	0.73	0.59	0.76	0.81	0.31	0.84	0.25	0.31	0.14	-0.47	0.71	0.85	-0.35	-0.09	0.67		0.75	0.56	-0.5	-0.44	0.58
Total Current Assets	0.97	0.84	0.74	0.94	0.77	0.86	0.81	0.95	0.85	0.55	0.87	0.11	0.55	-0.16	-0.76	0.85	0.96	-0.03	-0.54	0.94	0.75		0.69	-0.83	-0.23	0.45
Short Term Debt	0.72	0.82	0.22	0.76	0.48	0.76	0.78	0.52	0.46	0.53	0.69	0.3	0.53	-0.1	-0.43	0.54	0.62	-0.14	-0.55	0.75	0.56	0.69		-0.44	-0.54	0.56
Common Stock	-0.76	-0.66	-0.75	-0.8	-0.46	-0.64	-0.63	-0.86	-0.69	-0.41	-0.62	0.03	-0.41	0.59	0.97	-0.69	-0.75	-0.1	0.63	-0.81	-0.5	-0.83	-0.44		-0.16	-0.28
Other Liab	-0.41	-0.53	0.28	-0.17	-0.48	-0.58	-0.53	-0.09	-0.12	-0.21	-0.59	-0.43	-0.22	-0.53	-0.08	-0.4	-0.27	0.43	-0.18	-0.31	-0.44	-0.23	-0.54	-0.16		-0.78
Other Assets	0.56	0.6	-0.02	0.35	0.6	0.64	0.59	0.35	0.25	0.3	0.66	0.38	0.31	0.13	-0.42	0.53	0.45	-0.29	0.0	0.47	0.58	0.45	0.56	-0.28	-0.78

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Next PLC Account Relationship Matchups

Next PLC fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.8B	4.0B	4.0B	4.7B	4.9B	392.7M
Short Long Term Debt Total	2.4B	2.1B	1.9B	1.9B	1.9B	37.9M
Other Current Liab	348.2M	444.5M	517.6M	481.1M	606.2M	86.9M
Total Current Liabilities	1.2B	1.2B	1.1B	1.2B	1.6B	175.6M
Total Stockholder Equity	660.9M	1.0B	1.2B	1.5B	1.6B	199M
Property Plant And Equipment Net	1.2B	1.2B	1.3B	1.4B	1.4B	135M
Net Debt	1.8B	1.7B	1.8B	1.7B	1.7B	37.8M
Retained Earnings	2.4B	2.7B	3.0B	3.3B	3.4B	85.7M
Accounts Payable	172.6M	275.4M	230.1M	297.1M	355.8M	60.3M
Cash	608.2M	433M	105M	188.3M	200.4M	100K
Non Current Assets Total	1.5B	1.6B	1.7B	2.3B	2.2B	157.8M
Non Currrent Assets Other	55.1M	113M	102M	59.3M	63.5M	22.7M
Cash And Short Term Investments	619.3M	468.5M	114.1M	188.3M	200.4M	100K
Common Stock Shares Outstanding	129.2M	129.3M	124.7M	122.4M	121.6M	194.4M
Liabilities And Stockholders Equity	3.8B	4.0B	4.0B	4.7B	4.9B	391.6M
Non Current Liabilities Total	1.9B	1.8B	1.7B	1.8B	1.6B	17M
Inventory	536.9M	633M	662.2M	769M	865.2M	86.4M
Other Current Assets	31.5M	53.1M	54.9M	70.5M	144.2M	148.4M
Other Stockholder Equity	(1.7B)	(1.7B)	(1.8B)	(1.8B)	(1.8B)	86.8M
Total Liab	3.1B	3.0B	2.8B	3.1B	3.1B	192.6M
Property Plant And Equipment Gross	1.2B	1.2B	1.3B	1.4B	3.1B	135M
Total Current Assets	2.3B	2.4B	2.2B	2.4B	2.6B	234.9M
Short Term Debt	589.5M	395.7M	248.5M	226.5M	481.4M	28.4M
Accumulated Other Comprehensive Income	(1.4B)	(1.4B)	(1.4B)	4.8M	4.3M	4.5M
Long Term Debt	837M	815.7M	790.7M	820.3M	543.8M	685.1M
Net Receivables	1.1B	1.3B	1.4B	1.4B	1.4B	830.3M
Current Deferred Revenue	71.7M	79.5M	84.2M	99M	113.9M	119.5M
Intangible Assets	60.5M	79.3M	137.1M	541.5M	517.8M	543.7M
Short Term Investments	11.1M	35.5M	9.1M	6.9M	7.9M	8.3M
Capital Lease Obligations	1.2B	1.1B	1.0B	1.0B	1.0B	966.6M
Short Long Term Debt	419.4M	233.1M	102.3M	58.7M	310.6M	218.8M

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Balance Sheet is a snapshot of the financial position of Next PLC at a specified time, usually calculated after every quarter, six months, or one year. Next PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Next PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Next currently owns. An asset can also be divided into two categories, current and non-current.

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Next Change To Account Receivables vs Depreciation Analysis

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Depreciation

Next PLC fundamental ratios Correlations

Next PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Next PLC fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Assets
Common Stock	+ 0.97	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.96	Total Assets
Inventory	+ 0.96	Total Assets

Common Stock	- 0.86	Retained Earnings
Common Stock	- 0.83	Total Current Assets
Common Stock	- 0.81	Total Liab
Common Stock	- 0.8	Total Current Liabilities
Other Assets	- 0.78	Other Liab
Common Stock Shares Outstanding	- 0.78	Retained Earnings