Nayax Net Debt vs Total Assets 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 Total Assets 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 Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Net Debt account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nayax's Net Debt and Total Assets is -0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Nayax's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
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.

Total Assets

Total assets refers to the total amount of Nayax 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 Nayax 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.
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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