Next Total Current Assets vs Non Current Liabilities Total Analysis

NXT Stock   9,950  28.00  0.28%   
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 Total Current Assets 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.

Total Current Assets vs Non Current Liabilities Total

Total Current Assets 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 Total Current Assets 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 Total Current Assets and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Next PLC's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 794.2 M, whereas Tax Provision is forecasted to decline to about 156.1 M.
 2022 2023 2024 2025 (projected)
Interest Expense77.9M87.5M1.6M1.5M
Depreciation And Amortization220M246M5.7M5.4M

Next PLC fundamental ratios Correlations

0.920.670.920.790.950.90.930.860.540.950.130.55-0.19-0.70.910.970.0-0.610.970.910.970.69-0.74-0.220.28
0.920.440.830.590.970.980.750.670.560.910.170.56-0.26-0.620.870.820.02-0.630.960.830.870.83-0.65-0.390.4
0.670.440.790.480.470.40.860.880.40.50.010.4-0.32-0.630.580.790.12-0.560.670.560.770.19-0.720.46-0.32
0.920.830.790.60.820.80.910.890.580.80.140.58-0.35-0.710.760.920.08-0.780.940.740.950.72-0.780.040.03
0.790.590.480.60.690.570.750.680.360.820.160.370.29-0.460.710.82-0.23-0.170.620.810.730.39-0.47-0.380.42
0.950.970.470.820.690.970.790.730.460.970.210.47-0.14-0.60.880.85-0.07-0.570.940.880.860.74-0.64-0.430.41
0.90.980.40.80.570.970.730.640.40.90.140.41-0.25-0.60.840.80.04-0.650.940.810.830.79-0.63-0.40.4
0.930.750.860.910.750.790.730.920.490.820.010.49-0.28-0.760.840.970.06-0.620.90.830.960.48-0.830.10.04
0.860.670.880.890.680.730.640.920.440.770.070.44-0.14-0.60.740.920.01-0.580.830.750.880.39-0.690.12-0.11
0.540.560.40.580.360.460.40.490.440.440.231.0-0.2-0.40.550.47-0.1-0.180.560.50.60.57-0.43-0.140.19
0.950.910.50.80.820.970.90.820.770.440.240.45-0.03-0.590.890.89-0.17-0.460.90.920.860.66-0.62-0.440.43
0.130.170.010.140.160.210.140.010.070.230.240.230.270.040.180.06-0.550.060.10.250.050.260.05-0.420.36
0.550.560.40.580.370.470.410.490.441.00.450.23-0.18-0.40.560.48-0.11-0.180.560.510.60.58-0.43-0.150.2
-0.19-0.26-0.32-0.350.29-0.14-0.25-0.28-0.14-0.2-0.030.27-0.180.65-0.19-0.16-0.40.55-0.35-0.04-0.29-0.20.66-0.530.13
-0.7-0.62-0.63-0.71-0.46-0.6-0.6-0.76-0.6-0.4-0.590.04-0.40.65-0.63-0.69-0.120.57-0.71-0.59-0.74-0.420.97-0.16-0.3
0.910.870.580.760.710.880.840.840.740.550.890.180.56-0.19-0.630.86-0.21-0.360.890.980.880.56-0.68-0.260.31
0.970.820.790.920.820.850.80.970.920.470.890.060.48-0.16-0.690.860.0-0.610.920.880.970.57-0.75-0.060.12
0.00.020.120.08-0.23-0.070.040.060.01-0.1-0.17-0.55-0.11-0.4-0.12-0.210.0-0.510.1-0.330.09-0.06-0.150.43-0.29
-0.61-0.63-0.56-0.78-0.17-0.57-0.65-0.62-0.58-0.18-0.460.06-0.180.550.57-0.36-0.61-0.51-0.72-0.28-0.66-0.610.64-0.250.13
0.970.960.670.940.620.940.940.90.830.560.90.10.56-0.35-0.710.890.920.1-0.720.840.960.73-0.77-0.140.2
0.910.830.560.740.810.880.810.830.750.50.920.250.51-0.04-0.590.980.88-0.33-0.280.840.850.54-0.62-0.350.37
0.970.870.770.950.730.860.830.960.880.60.860.050.6-0.29-0.740.880.970.09-0.660.960.850.66-0.8-0.040.15
0.690.830.190.720.390.740.790.480.390.570.660.260.58-0.2-0.420.560.57-0.06-0.610.730.540.66-0.43-0.440.39
-0.74-0.65-0.72-0.78-0.47-0.64-0.63-0.83-0.69-0.43-0.620.05-0.430.660.97-0.68-0.75-0.150.64-0.77-0.62-0.8-0.43-0.22-0.18
-0.22-0.390.460.04-0.38-0.43-0.40.10.12-0.14-0.44-0.42-0.15-0.53-0.16-0.26-0.060.43-0.25-0.14-0.35-0.04-0.44-0.22-0.78
0.280.4-0.320.030.420.410.40.04-0.110.190.430.360.20.13-0.30.310.12-0.290.130.20.370.150.39-0.18-0.78
Click cells to compare fundamentals

Next PLC Account Relationship Matchups

Next PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.8B4.0B4.0B4.7B392.7M373.1M
Short Long Term Debt Total2.4B2.1B1.9B1.9B37.9M36.0M
Other Current Liab348.2M444.5M517.6M481.1M86.9M82.6M
Total Current Liabilities1.2B1.2B1.1B1.2B175.6M166.8M
Total Stockholder Equity660.9M1.0B1.2B1.5B199M189.1M
Property Plant And Equipment Net1.2B1.2B1.3B1.4B135M128.3M
Net Debt1.8B1.7B1.8B1.7B37.8M35.9M
Retained Earnings2.4B2.7B3.0B3.3B85.7M81.4M
Accounts Payable172.6M275.4M230.1M297.1M60.3M57.3M
Cash608.2M433M105M188.3M100K95K
Non Current Assets Total1.5B1.6B1.7B2.3B157.8M149.9M
Non Currrent Assets Other55.1M113M102.0M59.3M22.7M23.8M
Cash And Short Term Investments619.3M468.5M114.1M188.3M100K95K
Common Stock Shares Outstanding129.2M129.3M124.7M122.3M194.4M200.4M
Liabilities And Stockholders Equity3.8B4.0B4.0B4.7B391.6M372.0M
Non Current Liabilities Total1.9B1.8B1.7B1.8B17M16.2M
Inventory536.9M633M662.2M769M86.4M82.1M
Other Current Assets31.5M53.1M54.9M70.5M148.4M141.0M
Other Stockholder Equity(1.7B)(1.7B)(1.8B)(1.8B)86.8M91.1M
Total Liab3.1B3.0B2.8B3.1B192.6M183.0M
Property Plant And Equipment Gross1.2B1.2B1.3B1.4B135M128.3M
Total Current Assets2.3B2.4B2.2B2.4B234.9M223.2M
Short Term Debt589.5M395.7M248.5M226.5M28.4M27.0M
Accumulated Other Comprehensive Income(1.4B)(1.4B)(1.4B)4.8M4.3M4.5M
Long Term Debt837M815.7M790.7M820.3M943.3M689.6M
Net Receivables1.1B1.3B1.4B1.4B1.6B1.7B
Current Deferred Revenue71.7M79.5M84.2M99M113.9M119.5M
Intangible Assets60.5M79.3M137.1M541.5M622.7M653.9M
Short Term Investments11.1M35.5M9.1M6.9M7.9M8.3M
Capital Lease Obligations1.2B1.1B1.0B1.0B1.2B945.2M
Short Long Term Debt419.4M233.1M102.3M58.7M52.8M50.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.