Nayax Cash vs Accounts Payable Analysis

NYAX Stock  USD 39.55  0.48  1.20%   
Nayax financial indicator trend analysis is infinitely more than just investigating Nayax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nayax is a good investment. Please check the relationship between Nayax Cash and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nayax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Nayax Stock please use our How to Invest in Nayax guide.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Cash account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nayax's Cash and Accounts Payable is 0.56. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nayax, assuming nothing else is changed. The correlation between historical values of Nayax's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Nayax are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Nayax's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Nayax, which is listed under current asset account on Nayax balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nayax customers. The amounts must be unrestricted with restricted cash listed in a different Nayax account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents Nayax obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nayax are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Nayax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nayax 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 Nayax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Nayax Stock please use our How to Invest in Nayax guide.At this time, Nayax's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 82.3 M in 2025, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense993K2.8M3.3M3.4M
Depreciation And Amortization8.6M12.7M14.6M7.5M

Nayax fundamental ratios Correlations

0.580.810.680.770.3-0.460.270.42-0.750.71-0.580.710.10.660.740.60.610.110.820.560.770.640.410.60.5
0.580.810.920.870.91-0.880.90.85-0.660.1-0.940.950.760.990.890.970.960.770.781.00.840.920.720.920.95
0.810.810.950.990.62-0.750.590.65-0.780.54-0.860.860.470.850.970.770.840.480.980.81.00.850.560.740.75
0.680.920.950.980.82-0.890.790.85-0.750.29-0.960.920.670.910.990.890.920.680.90.920.960.910.760.860.91
0.770.870.990.980.72-0.80.690.74-0.810.44-0.920.890.560.891.00.830.870.570.970.860.990.870.660.820.83
0.30.910.620.820.72-0.831.00.9-0.45-0.28-0.860.760.940.840.760.870.810.940.580.920.670.760.80.820.91
-0.46-0.88-0.75-0.89-0.8-0.83-0.81-0.930.55-0.070.88-0.9-0.72-0.86-0.81-0.89-0.94-0.72-0.63-0.92-0.77-0.94-0.84-0.85-0.96
0.270.90.590.790.691.0-0.810.87-0.41-0.31-0.830.740.950.830.730.850.80.950.550.910.640.740.770.790.89
0.420.850.650.850.740.9-0.930.87-0.58-0.1-0.890.820.770.80.770.890.830.780.560.90.670.810.970.880.96
-0.75-0.66-0.78-0.75-0.81-0.450.55-0.41-0.58-0.630.81-0.77-0.15-0.73-0.82-0.74-0.63-0.16-0.81-0.66-0.76-0.6-0.56-0.83-0.65
0.710.10.540.290.44-0.28-0.07-0.31-0.1-0.63-0.210.34-0.490.230.390.150.21-0.480.560.070.470.26-0.10.210.03
-0.58-0.94-0.86-0.96-0.92-0.860.88-0.83-0.890.81-0.21-0.93-0.67-0.93-0.94-0.95-0.9-0.68-0.82-0.95-0.87-0.87-0.8-0.95-0.95
0.710.950.860.920.890.76-0.90.740.82-0.770.34-0.930.560.980.90.970.970.570.80.950.870.960.710.940.93
0.10.760.470.670.560.94-0.720.950.77-0.15-0.49-0.670.560.660.590.660.671.00.420.770.530.630.670.570.76
0.660.990.850.910.890.84-0.860.830.8-0.730.23-0.930.980.660.90.970.960.670.810.980.870.930.660.930.93
0.740.890.970.991.00.76-0.810.730.77-0.820.39-0.940.90.590.90.860.870.610.960.890.980.860.690.850.85
0.60.970.770.890.830.87-0.890.850.89-0.740.15-0.950.970.660.970.860.940.670.720.980.780.90.790.980.97
0.610.960.840.920.870.81-0.940.80.83-0.630.21-0.90.970.670.960.870.940.680.760.960.860.990.690.880.94
0.110.770.480.680.570.94-0.720.950.78-0.16-0.48-0.680.571.00.670.610.670.680.430.780.540.640.670.580.76
0.820.780.980.90.970.58-0.630.550.56-0.810.56-0.820.80.420.810.960.720.760.430.750.980.760.470.710.67
0.561.00.80.920.860.92-0.920.910.9-0.660.07-0.950.950.770.980.890.980.960.780.750.830.930.770.940.98
0.770.841.00.960.990.67-0.770.640.67-0.760.47-0.870.870.530.870.980.780.860.540.980.830.870.570.750.77
0.640.920.850.910.870.76-0.940.740.81-0.60.26-0.870.960.630.930.860.90.990.640.760.930.870.670.840.91
0.410.720.560.760.660.8-0.840.770.97-0.56-0.1-0.80.710.670.660.690.790.690.670.470.770.570.670.810.87
0.60.920.740.860.820.82-0.850.790.88-0.830.21-0.950.940.570.930.850.980.880.580.710.940.750.840.810.95
0.50.950.750.910.830.91-0.960.890.96-0.650.03-0.950.930.760.930.850.970.940.760.670.980.770.910.870.95
Click cells to compare fundamentals

Nayax Account Relationship Matchups

Nayax fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets92.8M216.0M230.5M323.9M372.4M205.2M
Short Long Term Debt Total31.1M20.0M29.5M75.1M86.4M90.7M
Other Current Liab32.7M53.5M80.6M130.2M149.7M157.2M
Total Current Liabilities62.3M70.2M110.2M203.8M234.3M246.1M
Total Stockholder Equity12.5M131.7M104.6M97.6M112.2M79.4M
Property Plant And Equipment Net9.8M11.5M14.0M10.8M12.5M11.9M
Current Deferred Revenue32.7M42.8M793K1.00.90.86
Net Debt22.9M(67.4M)(4.4M)36.7M42.2M44.3M
Retained Earnings(13.4M)(28.7M)(56.6M)(65.6M)(59.0M)(56.1M)
Accounts Payable11.0M9.1M14.6M17.5M20.1M13.2M
Cash8.2M87.3M33.9M38.4M44.1M37.9M
Non Current Assets Total38.2M60.0M80.0M120.5M138.5M72.1M
Non Currrent Assets Other87K1.3M2.9M5.9M6.8M7.1M
Long Term Debt8.1M7.1M8.5M14.8M17.0M8.7M
Cash And Short Term Investments8.3M87.4M34.0M39.7M45.6M38.2M
Net Receivables13.8M19.3M27.4M83.9M96.4M101.3M
Good Will3.5M8.3M10.2M12.9M14.8M8.0M
Short Term Investments87K48K83K1.3M1.5M1.5M
Liabilities And Stockholders Equity92.8M216.0M230.5M323.9M372.4M205.2M
Non Current Liabilities Total18.0M14.1M15.6M22.5M25.9M17.4M
Capital Lease Obligations6.5M6.9M8.2M6.3M7.2M7.4M
Inventory5.0M7.7M23.8M20.6M23.6M13.6M
Other Current Assets27.4M41.6M65.3M59.3M68.2M44.1M
Other Stockholder Equity16.7M150.4M151.4M153.5M176.6M107.4M
Total Liab80.3M84.3M125.9M226.3M260.2M273.2M
Net Invested Capital37.1M144.7M126.0M166.4M191.4M110.6M
Long Term Investments798K9.4M7.9M7.3M8.4M5.7M
Property Plant And Equipment Gross14.3M18.7M31.8M32.4M37.2M23.6M
Short Long Term Debt16.6M6.0M12.9M54M62.1M65.2M
Total Current Assets54.5M156.0M150.5M203.4M233.9M133.0M
Accumulated Other Comprehensive Income9.2M10.0M9.8M9.6M11.1M10.6M
Net Working Capital(7.7M)85.9M40.3M(373K)(429.0K)(407.5K)
Short Term Debt18.6M7.5M15.1M56.1M64.6M67.8M
Intangible Assets23.9M29.5M44.9M82.9M95.3M100.0M

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