Nxu Non Current Assets Total vs Selling General Administrative Analysis

NXU Stock  USD 0.26  0.01  3.70%   
Nxu financial indicator trend analysis is infinitely more than just investigating Nxu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nxu Inc is a good investment. Please check the relationship between Nxu Non Current Assets Total and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Non Current Assets Total vs Selling General Administrative

Non Current Assets Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nxu Inc Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Nxu's Non Current Assets Total and Selling General Administrative is -0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Nxu Inc, assuming nothing else is changed. The correlation between historical values of Nxu's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Nxu Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Nxu's Non Current Assets Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Selling General Administrative

Most indicators from Nxu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nxu Inc 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 Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Nxu's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.000088 in 2024, despite the fact that Enterprise Value is likely to grow to (3.1 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses133.7M68.8M46.2M71.6M
Cost Of Revenue89.1K348K1.0M1.1M

Nxu fundamental ratios Correlations

-0.92-0.940.710.810.850.990.910.530.840.380.860.990.940.230.990.790.960.860.690.790.860.480.860.90.78
-0.920.78-0.51-0.62-0.73-0.88-0.77-0.68-0.95-0.06-0.9-0.87-0.8-0.51-0.91-0.56-0.82-0.68-0.41-0.56-0.7-0.64-0.81-0.74-0.87
-0.940.78-0.61-0.95-0.94-0.98-0.95-0.57-0.7-0.39-0.83-0.95-0.85-0.19-0.91-0.95-0.9-0.77-0.89-0.95-0.77-0.51-0.92-0.98-0.76
0.71-0.51-0.610.420.440.650.66-0.210.50.870.440.770.91-0.480.780.440.870.970.420.440.97-0.270.290.550.12
0.81-0.62-0.950.420.970.880.930.60.580.290.780.820.680.210.750.990.750.60.950.990.580.540.920.980.72
0.85-0.73-0.940.440.970.890.970.630.740.240.90.850.710.290.80.930.770.620.860.930.610.580.920.980.78
0.99-0.88-0.980.650.880.890.930.590.80.340.870.990.90.260.970.860.940.810.770.860.820.540.910.940.81
0.91-0.77-0.950.660.930.970.930.470.790.440.90.930.860.120.890.890.890.790.820.890.790.410.850.980.69
0.53-0.68-0.57-0.210.60.630.590.470.59-0.540.680.450.220.910.450.540.30.030.420.540.041.00.840.590.95
0.84-0.95-0.70.50.580.740.80.790.590.060.950.80.760.450.850.490.760.640.340.490.660.560.730.720.78
0.38-0.06-0.390.870.290.240.340.44-0.540.060.080.480.64-0.820.440.350.60.770.420.350.75-0.60.00.34-0.27
0.86-0.9-0.830.440.780.90.870.90.680.950.080.830.740.460.840.690.770.610.570.690.630.640.860.870.84
0.99-0.87-0.950.770.820.850.990.930.450.80.480.830.960.120.990.810.980.90.730.810.90.390.830.910.71
0.94-0.8-0.850.910.680.710.90.860.220.760.640.740.96-0.080.970.670.990.980.60.670.980.160.650.80.53
0.23-0.51-0.19-0.480.210.290.260.120.910.45-0.820.460.12-0.080.160.14-0.03-0.280.00.14-0.260.930.540.210.77
0.99-0.91-0.910.780.750.80.970.890.450.850.440.840.990.970.160.730.980.90.630.730.910.390.80.860.72
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.730.740.610.981.00.590.480.880.960.67
0.96-0.82-0.90.870.750.770.940.890.30.760.60.770.980.99-0.030.980.740.960.670.740.960.240.720.850.59
0.86-0.68-0.770.970.60.620.810.790.030.640.770.610.90.98-0.280.90.610.960.560.611.0-0.030.510.710.35
0.69-0.41-0.890.420.950.860.770.820.420.340.420.570.730.60.00.630.980.670.560.980.540.360.790.90.53
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.731.00.740.610.980.590.480.880.960.67
0.86-0.7-0.770.970.580.610.820.790.040.660.750.630.90.98-0.260.910.590.961.00.540.59-0.020.510.710.36
0.48-0.64-0.51-0.270.540.580.540.411.00.56-0.60.640.390.160.930.390.480.24-0.030.360.48-0.020.80.530.92
0.86-0.81-0.920.290.920.920.910.850.840.730.00.860.830.650.540.80.880.720.510.790.880.510.80.930.94
0.9-0.74-0.980.550.980.980.940.980.590.720.340.870.910.80.210.860.960.850.710.90.960.710.530.930.76
0.78-0.87-0.760.120.720.780.810.690.950.78-0.270.840.710.530.770.720.670.590.350.530.670.360.920.940.76
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Nxu Account Relationship Matchups

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