Nayax Net Debt vs Non Current Assets Total Analysis

NYAX Stock  USD 28.69  1.39  5.09%   
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 Net Debt and its Non Current Assets Total 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.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Nayax's Net Debt and Non Current Assets Total is 0.03. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Nayax, assuming nothing else is changed. The correlation between historical values of Nayax's Net Debt and Non Current Assets 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 Net Debt of Nayax are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Nayax's Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.
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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