Next Property Plant And Equipment Net vs Net Debt Analysis

NXT Stock   10,080  218.00  2.21%   
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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next PLC Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Next PLC's Property Plant And Equipment Net and Net Debt is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net 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 Property Plant And Equipment Net of Next PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Next PLC's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 690.6 M, whereas Tax Provision is forecasted to decline to about 156.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense86.5M77.9M87.5M1.6M
Depreciation And Amortization220.7M220M246M5.7M

Next PLC fundamental ratios Correlations

0.910.580.90.790.940.890.910.820.50.950.170.5-0.18-0.70.890.96-0.07-0.530.960.890.970.67-0.76-0.350.53
0.910.320.810.560.970.980.710.60.520.890.210.52-0.25-0.60.850.78-0.03-0.560.950.810.850.82-0.65-0.510.59
0.580.320.720.440.360.280.810.830.330.410.050.33-0.31-0.640.480.720.06-0.450.570.470.690.09-0.760.42-0.16
0.90.810.720.580.790.770.890.840.540.770.190.54-0.35-0.730.710.90.01-0.730.920.70.930.73-0.82-0.070.26
0.790.560.440.580.680.540.760.680.320.810.170.340.28-0.440.690.83-0.27-0.090.60.80.730.36-0.45-0.440.59
0.940.970.360.790.680.970.760.690.410.970.240.42-0.13-0.590.860.83-0.13-0.50.940.860.840.73-0.63-0.560.62
0.890.980.280.770.540.970.680.580.350.890.170.36-0.24-0.580.820.77-0.01-0.60.930.780.810.78-0.62-0.520.58
0.910.710.810.890.760.760.680.890.440.80.050.44-0.29-0.790.810.96-0.02-0.530.860.810.950.44-0.880.00.28
0.820.60.830.840.680.690.580.890.370.740.120.38-0.12-0.620.690.9-0.08-0.470.780.710.840.34-0.730.020.12
0.50.520.330.540.320.410.350.440.370.40.251.0-0.17-0.370.510.42-0.14-0.090.520.460.570.55-0.41-0.20.29
0.950.890.410.770.810.970.890.80.740.40.270.4-0.03-0.580.880.88-0.23-0.380.890.910.850.63-0.61-0.560.64
0.170.210.050.190.170.240.170.050.120.250.270.250.260.030.220.1-0.540.040.140.280.080.280.05-0.420.37
0.50.520.330.540.340.420.360.440.381.00.40.25-0.15-0.370.520.43-0.15-0.090.520.470.570.55-0.41-0.210.3
-0.18-0.25-0.31-0.350.28-0.13-0.24-0.29-0.12-0.17-0.030.26-0.150.68-0.18-0.15-0.380.55-0.36-0.03-0.28-0.170.67-0.50.08
-0.7-0.6-0.64-0.73-0.44-0.59-0.58-0.79-0.62-0.37-0.580.03-0.370.68-0.63-0.7-0.090.56-0.73-0.58-0.76-0.40.97-0.13-0.39
0.890.850.480.710.690.860.820.810.690.510.880.220.52-0.18-0.630.84-0.3-0.240.860.980.850.52-0.68-0.380.52
0.960.780.720.90.830.830.770.960.90.420.880.10.43-0.15-0.70.84-0.08-0.510.90.860.960.55-0.78-0.180.38
-0.07-0.030.060.01-0.27-0.13-0.01-0.02-0.08-0.14-0.23-0.54-0.15-0.38-0.09-0.3-0.08-0.490.03-0.410.03-0.1-0.130.42-0.27
-0.53-0.56-0.45-0.73-0.09-0.5-0.6-0.53-0.47-0.09-0.380.04-0.090.550.56-0.24-0.51-0.49-0.66-0.17-0.58-0.590.64-0.180.0
0.960.950.570.920.60.940.930.860.780.520.890.140.52-0.36-0.730.860.90.03-0.660.820.950.73-0.8-0.270.43
0.890.810.470.70.80.860.780.810.710.460.910.280.47-0.03-0.580.980.86-0.41-0.170.820.830.51-0.62-0.460.58
0.970.850.690.930.730.840.810.950.840.570.850.080.57-0.28-0.760.850.960.03-0.580.950.830.64-0.84-0.160.39
0.670.820.090.730.360.730.780.440.340.550.630.280.55-0.17-0.40.520.55-0.1-0.590.730.510.64-0.41-0.510.5
-0.76-0.65-0.76-0.82-0.45-0.63-0.62-0.88-0.73-0.41-0.610.05-0.410.670.97-0.68-0.78-0.130.64-0.8-0.62-0.84-0.41-0.2-0.25
-0.35-0.510.42-0.07-0.44-0.56-0.520.00.02-0.2-0.56-0.42-0.21-0.5-0.13-0.38-0.180.42-0.18-0.27-0.46-0.16-0.51-0.2-0.77
0.530.59-0.160.260.590.620.580.280.120.290.640.370.30.08-0.390.520.38-0.270.00.430.580.390.5-0.25-0.77
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Next PLC Account Relationship Matchups

Next PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.8B4.0B4.0B4.7B392.7M
Short Long Term Debt Total2.5B2.4B2.1B1.9B1.9B37.9M
Other Current Liab336.9M348.2M444.5M517.6M481.1M86.9M
Total Current Liabilities949.8M1.2B1.2B1.1B1.2B175.6M
Total Stockholder Equity441.5M660.9M1.0B1.2B1.5B199M
Property Plant And Equipment Net1.4B1.2B1.2B1.3B1.4B135M
Net Debt2.4B1.8B1.7B1.8B1.7B37.8M
Retained Earnings2.2B2.4B2.7B3.0B3.3B85.7M
Accounts Payable212.8M172.6M275.4M230.1M297.1M60.3M
Cash86.6M608.2M433M105M188.3M100K
Non Current Assets Total1.7B1.5B1.6B1.7B2.3B157.8M
Non Currrent Assets Other89.5M55.1M113M102.0M59.3M22.7M
Cash And Short Term Investments88.3M619.3M468.5M114.1M188.3M100K
Common Stock Total Equity14.5M13.9M13.3M25.4M22.9M20.9M
Common Stock Shares Outstanding130.2M129.2M129.3M124.7M122.3M194.4M
Liabilities And Stockholders Equity3.7B3.8B4.0B4.0B4.7B391.6M
Non Current Liabilities Total2.3B1.9B1.8B1.7B1.8B17M
Inventory527.6M536.9M633M662.2M769M86.4M
Other Current Assets38.8M31.5M53.1M54.9M70.5M148.4M
Other Stockholder Equity(1.7B)(1.7B)(1.7B)(1.8B)(1.8B)86.8M
Total Liab3.2B3.1B3.0B2.8B3.1B192.6M
Property Plant And Equipment Gross1.4B1.2B1.2B1.3B1.4B135M
Total Current Assets2.0B2.3B2.4B2.2B2.4B234.9M
Short Term Debt246M589.5M395.7M248.5M226.5M28.4M
Common Stock14.5M13.9M13.3M12.9M12.7M25.4M
Accumulated Other Comprehensive Income(1.5B)(1.4B)(1.4B)(1.4B)4.8M5.0M
Long Term Debt1.2B837M815.7M790.7M820.3M689.6M
Net Receivables1.3B1.1B1.3B1.4B1.4B800.2M
Current Deferred Revenue74.9M71.7M79.5M84.2M99M104.0M
Intangible Assets44.2M60.5M79.3M137.1M541.5M568.6M
Short Long Term Debt73.7M419.4M233.1M102.3M58.7M55.8M

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Other Information on Investing in Next Stock

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.