Nayax Cash Conversion Cycle vs Free Cash Flow Per Share Analysis

NYAX Stock  USD 29.26  0.57  1.99%   
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 Conversion Cycle and its Free Cash Flow Per Share 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 Conversion Cycle vs Free Cash Flow Per Share

Cash Conversion Cycle vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Cash Conversion Cycle account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nayax's Cash Conversion Cycle and Free Cash Flow Per Share is -0.03. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow Per Share 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 Conversion Cycle and Free Cash Flow Per Share 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 Conversion Cycle of Nayax are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Cash Conversion Cycle i.e., Nayax's Cash Conversion Cycle and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash Conversion Cycle

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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 71.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense964K993K2.8M3.0M
Depreciation And Amortization7.5M8.6M12.5M7.5M

Nayax fundamental ratios Correlations

0.160.390.240.34-0.06-0.23-0.110.18-0.780.8-0.480.4-0.060.270.680.230.24-0.060.40.170.630.290.260.330.17
0.160.810.980.930.92-0.880.930.85-0.57-0.15-0.940.920.930.980.740.960.930.930.580.990.790.870.690.890.92
0.390.810.880.960.52-0.730.560.5-0.650.37-0.790.890.690.90.840.840.880.690.730.790.860.860.30.720.65
0.240.980.880.960.84-0.930.850.84-0.61-0.01-0.940.970.870.990.760.980.970.870.570.990.820.940.680.90.93
0.340.930.960.960.71-0.820.740.68-0.710.19-0.910.960.790.980.830.950.920.80.750.920.860.880.50.870.8
-0.060.920.520.840.71-0.80.990.88-0.33-0.49-0.820.720.930.830.520.820.780.930.330.920.590.710.780.770.9
-0.23-0.88-0.73-0.93-0.82-0.8-0.78-0.910.470.080.86-0.92-0.77-0.87-0.63-0.88-0.96-0.77-0.24-0.92-0.74-0.96-0.8-0.82-0.95
-0.110.930.560.850.740.99-0.780.84-0.31-0.49-0.80.720.950.850.520.830.790.950.380.920.590.710.70.760.87
0.180.850.50.840.680.88-0.910.84-0.49-0.27-0.860.810.720.790.50.840.810.720.20.890.590.780.960.870.98
-0.78-0.57-0.65-0.61-0.71-0.330.47-0.31-0.49-0.570.78-0.73-0.27-0.67-0.73-0.69-0.52-0.28-0.77-0.57-0.69-0.49-0.49-0.79-0.54
0.8-0.150.37-0.010.19-0.490.08-0.49-0.27-0.57-0.090.19-0.370.030.410.00.02-0.360.4-0.150.340.08-0.250.04-0.21
-0.48-0.94-0.79-0.94-0.91-0.820.86-0.8-0.860.78-0.09-0.94-0.78-0.95-0.84-0.93-0.88-0.78-0.62-0.94-0.88-0.84-0.77-0.93-0.91
0.40.920.890.970.960.72-0.920.720.81-0.730.19-0.940.720.960.770.960.960.730.580.930.830.930.690.930.9
-0.060.930.690.870.790.93-0.770.950.72-0.27-0.37-0.780.720.860.650.790.831.00.430.90.710.770.540.670.79
0.270.980.90.990.980.83-0.870.850.79-0.670.03-0.950.960.860.790.980.940.870.670.980.830.890.630.910.89
0.680.740.840.760.830.52-0.630.520.5-0.730.41-0.840.770.650.790.680.740.660.680.710.990.740.380.620.57
0.230.960.840.980.950.82-0.880.830.84-0.690.0-0.930.960.790.980.680.920.80.630.970.740.860.70.960.92
0.240.930.880.970.920.78-0.960.790.81-0.520.02-0.880.960.830.940.740.920.840.430.940.830.990.650.820.9
-0.060.930.690.870.80.93-0.770.950.72-0.28-0.36-0.780.731.00.870.660.80.840.440.90.710.780.540.670.79
0.40.580.730.570.750.33-0.240.380.2-0.770.4-0.620.580.430.670.680.630.430.440.520.610.350.070.620.33
0.170.990.790.990.920.92-0.920.920.89-0.57-0.15-0.940.930.90.980.710.970.940.90.520.770.890.750.910.96
0.630.790.860.820.860.59-0.740.590.59-0.690.34-0.880.830.710.830.990.740.830.710.610.770.830.480.670.67
0.290.870.860.940.880.71-0.960.710.78-0.490.08-0.840.930.770.890.740.860.990.780.350.890.830.630.760.86
0.260.690.30.680.50.78-0.80.70.96-0.49-0.25-0.770.690.540.630.380.70.650.540.070.750.480.630.790.89
0.330.890.720.90.870.77-0.820.760.87-0.790.04-0.930.930.670.910.620.960.820.670.620.910.670.760.790.92
0.170.920.650.930.80.9-0.950.870.98-0.54-0.21-0.910.90.790.890.570.920.90.790.330.960.670.860.890.92
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Nayax Account Relationship Matchups

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