Nxu Total Assets vs Net Receivables 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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nxu Inc Total Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nxu's Total Assets and Net Receivables is 0.66. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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 Total Assets and Net Receivables 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 Assets of Nxu Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Nxu's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Nxu assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nxu Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

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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Additional Tools for Nxu Stock Analysis

When running Nxu's price analysis, check to measure Nxu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.