Next Short Term Debt vs Cash And Short Term Investments 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 Short Term Debt and its Cash And Short Term Investments 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.

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next PLC Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Next PLC's Short Term Debt and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments 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 Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Next PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Next PLC's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Next PLC balance sheet. This account contains Next PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Next PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expense	86.5M	77.9M	87.5M	1.6M
Depreciation And Amortization	220.7M	220M	248.8M	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		0.91	0.58	0.9	0.79	0.94	0.89	0.91	0.82	0.5	0.95	0.17	0.5	-0.18	-0.7	0.89	0.96	0.23	-0.53	0.96	0.89	0.97	0.67	-0.76	-0.35	0.53
Short Long Term Debt Total	0.91		0.32	0.81	0.56	0.97	0.98	0.71	0.6	0.52	0.89	0.21	0.52	-0.25	-0.6	0.85	0.78	0.1	-0.56	0.95	0.81	0.85	0.82	-0.65	-0.51	0.59
Other Current Liab	0.58	0.32		0.72	0.44	0.36	0.28	0.81	0.83	0.33	0.41	0.05	0.33	-0.31	-0.64	0.48	0.72	0.19	-0.45	0.57	0.47	0.69	0.09	-0.76	0.42	-0.16
Total Current Liabilities	0.9	0.81	0.72		0.58	0.79	0.77	0.89	0.84	0.54	0.77	0.19	0.54	-0.35	-0.73	0.71	0.9	0.2	-0.73	0.92	0.7	0.93	0.73	-0.82	-0.07	0.26
Total Stockholder Equity	0.79	0.56	0.44	0.58		0.68	0.54	0.76	0.68	0.32	0.81	0.17	0.34	0.28	-0.44	0.69	0.83	0.2	-0.09	0.6	0.8	0.73	0.36	-0.45	-0.44	0.59
Property Plant And Equipment Net	0.94	0.97	0.36	0.79	0.68		0.97	0.76	0.69	0.41	0.97	0.24	0.42	-0.13	-0.59	0.86	0.83	0.12	-0.5	0.94	0.86	0.84	0.73	-0.63	-0.56	0.62
Net Debt	0.89	0.98	0.28	0.77	0.54	0.97		0.68	0.58	0.35	0.89	0.17	0.36	-0.24	-0.58	0.82	0.77	0.13	-0.6	0.93	0.78	0.81	0.78	-0.62	-0.52	0.58
Retained Earnings	0.91	0.71	0.81	0.89	0.76	0.76	0.68		0.89	0.44	0.8	0.05	0.44	-0.29	-0.79	0.81	0.96	0.26	-0.53	0.86	0.81	0.95	0.44	-0.88	0.0	0.28
Accounts Payable	0.82	0.6	0.83	0.84	0.68	0.69	0.58	0.89		0.37	0.74	0.12	0.38	-0.12	-0.62	0.69	0.9	0.25	-0.47	0.78	0.71	0.84	0.34	-0.73	0.02	0.12
Cash	0.5	0.52	0.33	0.54	0.32	0.41	0.35	0.44	0.37		0.4	0.25	1.0	-0.17	-0.37	0.51	0.42	-0.1	-0.09	0.52	0.46	0.57	0.55	-0.41	-0.2	0.29
Non Current Assets Total	0.95	0.89	0.41	0.77	0.81	0.97	0.89	0.8	0.74	0.4		0.27	0.4	-0.03	-0.58	0.88	0.88	0.14	-0.38	0.89	0.91	0.85	0.63	-0.61	-0.56	0.64
Non Currrent Assets Other	0.17	0.21	0.05	0.19	0.17	0.24	0.17	0.05	0.12	0.25	0.27		0.25	0.26	0.03	0.22	0.1	-0.42	0.04	0.14	0.28	0.08	0.28	0.05	-0.42	0.37
Cash And Short Term Investments	0.5	0.52	0.33	0.54	0.34	0.42	0.36	0.44	0.38	1.0	0.4	0.25		-0.15	-0.37	0.52	0.43	-0.12	-0.09	0.52	0.47	0.57	0.55	-0.41	-0.21	0.3
Common Stock Total Equity	-0.18	-0.25	-0.31	-0.35	0.28	-0.13	-0.24	-0.29	-0.12	-0.17	-0.03	0.26	-0.15		0.68	-0.18	-0.15	-0.22	0.55	-0.36	-0.03	-0.28	-0.17	0.67	-0.5	0.08
Common Stock Shares Outstanding	-0.7	-0.6	-0.64	-0.73	-0.44	-0.59	-0.58	-0.79	-0.62	-0.37	-0.58	0.03	-0.37	0.68		-0.63	-0.7	-0.2	0.56	-0.73	-0.58	-0.76	-0.4	0.97	-0.13	-0.39
Non Current Liabilities Total	0.89	0.85	0.48	0.71	0.69	0.86	0.82	0.81	0.69	0.51	0.88	0.22	0.52	-0.18	-0.63		0.84	-0.06	-0.24	0.86	0.98	0.85	0.52	-0.68	-0.38	0.52
Inventory	0.96	0.78	0.72	0.9	0.83	0.83	0.77	0.96	0.9	0.42	0.88	0.1	0.43	-0.15	-0.7	0.84		0.25	-0.51	0.9	0.86	0.96	0.55	-0.78	-0.18	0.38
Other Current Assets	0.23	0.1	0.19	0.2	0.2	0.12	0.13	0.26	0.25	-0.1	0.14	-0.42	-0.12	-0.22	-0.2	-0.06	0.25		-0.43	0.2	-0.09	0.25	-0.07	-0.23	0.22	-0.01
Other Stockholder Equity	-0.53	-0.56	-0.45	-0.73	-0.09	-0.5	-0.6	-0.53	-0.47	-0.09	-0.38	0.04	-0.09	0.55	0.56	-0.24	-0.51	-0.43		-0.66	-0.17	-0.58	-0.59	0.64	-0.18	0.0
Total Liab	0.96	0.95	0.57	0.92	0.6	0.94	0.93	0.86	0.78	0.52	0.89	0.14	0.52	-0.36	-0.73	0.86	0.9	0.2	-0.66		0.82	0.95	0.73	-0.8	-0.27	0.43
Property Plant And Equipment Gross	0.89	0.81	0.47	0.7	0.8	0.86	0.78	0.81	0.71	0.46	0.91	0.28	0.47	-0.03	-0.58	0.98	0.86	-0.09	-0.17	0.82		0.83	0.51	-0.62	-0.46	0.58
Total Current Assets	0.97	0.85	0.69	0.93	0.73	0.84	0.81	0.95	0.84	0.57	0.85	0.08	0.57	-0.28	-0.76	0.85	0.96	0.25	-0.58	0.95	0.83		0.64	-0.84	-0.16	0.39
Short Term Debt	0.67	0.82	0.09	0.73	0.36	0.73	0.78	0.44	0.34	0.55	0.63	0.28	0.55	-0.17	-0.4	0.52	0.55	-0.07	-0.59	0.73	0.51	0.64		-0.41	-0.51	0.5
Common Stock	-0.76	-0.65	-0.76	-0.82	-0.45	-0.63	-0.62	-0.88	-0.73	-0.41	-0.61	0.05	-0.41	0.67	0.97	-0.68	-0.78	-0.23	0.64	-0.8	-0.62	-0.84	-0.41		-0.2	-0.25
Other Liab	-0.35	-0.51	0.42	-0.07	-0.44	-0.56	-0.52	0.0	0.02	-0.2	-0.56	-0.42	-0.21	-0.5	-0.13	-0.38	-0.18	0.22	-0.18	-0.27	-0.46	-0.16	-0.51	-0.2		-0.77
Other Assets	0.53	0.59	-0.16	0.26	0.59	0.62	0.58	0.28	0.12	0.29	0.64	0.37	0.3	0.08	-0.39	0.52	0.38	-0.01	0.0	0.43	0.58	0.39	0.5	-0.25	-0.77

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Next PLC Account Relationship Matchups

Next PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.8B	4.0B	4.0B	4.7B	392.7M
Short Long Term Debt Total	2.5B	2.4B	2.1B	1.9B	1.9B	37.9M
Other Current Liab	336.9M	348.2M	444.5M	517.6M	481.1M	86.9M
Total Current Liabilities	949.8M	1.2B	1.2B	1.1B	1.2B	175.6M
Total Stockholder Equity	441.5M	660.9M	1.0B	1.2B	1.5B	199M
Property Plant And Equipment Net	1.4B	1.2B	1.2B	1.3B	1.4B	135M
Net Debt	2.4B	1.8B	1.7B	1.8B	1.7B	37.8M
Retained Earnings	2.2B	2.4B	2.7B	3.0B	3.3B	85.7M
Accounts Payable	212.8M	172.6M	275.4M	230.1M	297.1M	60.3M
Cash	86.6M	608.2M	433M	105M	188.3M	100K
Non Current Assets Total	1.7B	1.5B	1.6B	1.7B	2.3B	157.8M
Non Currrent Assets Other	89.5M	55.1M	113M	102.0M	59.3M	22.7M
Cash And Short Term Investments	88.3M	619.3M	468.5M	114.1M	188.3M	100K
Common Stock Total Equity	14.5M	13.9M	13.3M	25.4M	22.9M	20.9M
Common Stock Shares Outstanding	130.2M	129.2M	129.3M	124.7M	122.3M	194.4M
Liabilities And Stockholders Equity	3.7B	3.8B	4.0B	4.0B	4.7B	391.6M
Non Current Liabilities Total	2.3B	1.9B	1.8B	1.7B	1.8B	17M
Inventory	527.6M	536.9M	633M	662.2M	769M	86.4M
Other Current Assets	38.8M	31.5M	53.1M	54.9M	1.5B	148.4M
Other Stockholder Equity	(1.7B)	(1.7B)	(1.7B)	(1.8B)	(1.8B)	86.8M
Total Liab	3.2B	3.1B	3.0B	2.8B	3.1B	192.6M
Property Plant And Equipment Gross	1.4B	1.2B	1.2B	1.3B	1.4B	135M
Total Current Assets	2.0B	2.3B	2.4B	2.2B	2.4B	234.9M
Short Term Debt	246M	589.5M	395.7M	248.5M	226.5M	28.4M
Common Stock	14.5M	13.9M	13.3M	12.9M	12.7M	25.4M
Accumulated Other Comprehensive Income	(1.5B)	(1.4B)	(1.4B)	(1.4B)	4.8M	5.0M
Long Term Debt	1.2B	837M	815.7M	790.7M	820.3M	689.6M
Net Receivables	1.3B	1.1B	1.3B	1.4B	1.5B	801.6M
Current Deferred Revenue	74.9M	71.7M	79.5M	84.2M	99M	104.0M
Intangible Assets	44.2M	60.5M	79.3M	137.1M	541.5M	568.6M
Short Long Term Debt	73.7M	419.4M	233.1M	102.3M	58.7M	55.8M

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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 Short Term Debt vs Cash And Short Term Investments Analysis

Short Term Debt vs Cash And Short Term Investments

Short Term Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Short Term Debt

Cash And Short Term Investments

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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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.98	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.98	Non Current Liabilities Total
Total Current Assets	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.97	Short Long Term Debt Total
Net Debt	+ 0.97	Property Plant And Equipment Net

Common Stock	- 0.88	Retained Earnings
Common Stock	- 0.84	Total Current Assets
Common Stock	- 0.82	Total Current Liabilities
Common Stock	- 0.8	Total Liab
Common Stock Shares Outstanding	- 0.79	Retained Earnings
Common Stock	- 0.78	Inventory