Next Retained Earnings vs Non Current Liabilities Total Analysis

NXT Stock   9,796  42.00  0.43%   
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 Retained Earnings and its Non Current Liabilities Total 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.

Retained Earnings vs Non Current Liabilities Total

Retained Earnings vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next PLC Retained Earnings account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Next PLC's Retained Earnings and Non Current Liabilities Total is 0.81. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Total 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 Retained Earnings and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Next PLC are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Retained Earnings i.e., Next PLC's Retained Earnings and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Liabilities Total

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 Amortization220.7M220M248.8M5.7M

Next PLC fundamental ratios Correlations

0.910.580.90.790.940.890.910.820.50.950.170.5-0.18-0.70.890.960.23-0.530.960.890.970.67-0.76-0.350.53
0.910.320.810.560.970.980.710.60.520.890.210.52-0.25-0.60.850.780.1-0.560.950.810.850.82-0.65-0.510.59
0.580.320.720.440.360.280.810.830.330.410.050.33-0.31-0.640.480.720.19-0.450.570.470.690.09-0.760.42-0.16
0.90.810.720.580.790.770.890.840.540.770.190.54-0.35-0.730.710.90.2-0.730.920.70.930.73-0.82-0.070.26
0.790.560.440.580.680.540.760.680.320.810.170.340.28-0.440.690.830.2-0.090.60.80.730.36-0.45-0.440.59
0.940.970.360.790.680.970.760.690.410.970.240.42-0.13-0.590.860.830.12-0.50.940.860.840.73-0.63-0.560.62
0.890.980.280.770.540.970.680.580.350.890.170.36-0.24-0.580.820.770.13-0.60.930.780.810.78-0.62-0.520.58
0.910.710.810.890.760.760.680.890.440.80.050.44-0.29-0.790.810.960.26-0.530.860.810.950.44-0.880.00.28
0.820.60.830.840.680.690.580.890.370.740.120.38-0.12-0.620.690.90.25-0.470.780.710.840.34-0.730.020.12
0.50.520.330.540.320.410.350.440.370.40.251.0-0.17-0.370.510.42-0.1-0.090.520.460.570.55-0.41-0.20.29
0.950.890.410.770.810.970.890.80.740.40.270.4-0.03-0.580.880.880.14-0.380.890.910.850.63-0.61-0.560.64
0.170.210.050.190.170.240.170.050.120.250.270.250.260.030.220.1-0.420.040.140.280.080.280.05-0.420.37
0.50.520.330.540.340.420.360.440.381.00.40.25-0.15-0.370.520.43-0.12-0.090.520.470.570.55-0.41-0.210.3
-0.18-0.25-0.31-0.350.28-0.13-0.24-0.29-0.12-0.17-0.030.26-0.150.68-0.18-0.15-0.220.55-0.36-0.03-0.28-0.170.67-0.50.08
-0.7-0.6-0.64-0.73-0.44-0.59-0.58-0.79-0.62-0.37-0.580.03-0.370.68-0.63-0.7-0.20.56-0.73-0.58-0.76-0.40.97-0.13-0.39
0.890.850.480.710.690.860.820.810.690.510.880.220.52-0.18-0.630.84-0.06-0.240.860.980.850.52-0.68-0.380.52
0.960.780.720.90.830.830.770.960.90.420.880.10.43-0.15-0.70.840.25-0.510.90.860.960.55-0.78-0.180.38
0.230.10.190.20.20.120.130.260.25-0.10.14-0.42-0.12-0.22-0.2-0.060.25-0.430.2-0.090.25-0.07-0.230.22-0.01
-0.53-0.56-0.45-0.73-0.09-0.5-0.6-0.53-0.47-0.09-0.380.04-0.090.550.56-0.24-0.51-0.43-0.66-0.17-0.58-0.590.64-0.180.0
0.960.950.570.920.60.940.930.860.780.520.890.140.52-0.36-0.730.860.90.2-0.660.820.950.73-0.8-0.270.43
0.890.810.470.70.80.860.780.810.710.460.910.280.47-0.03-0.580.980.86-0.09-0.170.820.830.51-0.62-0.460.58
0.970.850.690.930.730.840.810.950.840.570.850.080.57-0.28-0.760.850.960.25-0.580.950.830.64-0.84-0.160.39
0.670.820.090.730.360.730.780.440.340.550.630.280.55-0.17-0.40.520.55-0.07-0.590.730.510.64-0.41-0.510.5
-0.76-0.65-0.76-0.82-0.45-0.63-0.62-0.88-0.73-0.41-0.610.05-0.410.670.97-0.68-0.78-0.230.64-0.8-0.62-0.84-0.41-0.2-0.25
-0.35-0.510.42-0.07-0.44-0.56-0.520.00.02-0.2-0.56-0.42-0.21-0.5-0.13-0.38-0.180.22-0.18-0.27-0.46-0.16-0.51-0.2-0.77
0.530.59-0.160.260.590.620.580.280.120.290.640.370.30.08-0.390.520.38-0.010.00.430.580.390.5-0.25-0.77
Click cells to compare fundamentals

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 Assets38.8M31.5M53.1M54.9M1.5B148.4M
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 Receivables1.3B1.1B1.3B1.4B1.5B801.6M
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.