Nayax Net Receivables vs Total Current Liabilities 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 Receivables and its Total Current Liabilities 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 Receivables vs Total Current Liabilities

Net Receivables vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nayax's Net Receivables and Total Current Liabilities is 0.75. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities 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 Receivables and Total Current Liabilities 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 Receivables of Nayax are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Nayax's Net Receivables and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Total Current Liabilities

Total Current Liabilities is an item on Nayax balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nayax are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Expense	964K	993K	2.8M	3.0M
Depreciation And Amortization	7.5M	8.6M	12.5M	7.5M

Interest Expense Depreciation And Amortization

Nayax fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Common Stock Shares Outstanding		0.16	0.39	0.24	0.34	-0.06	-0.23	-0.11	0.18	-0.78	0.8	-0.48	0.4	-0.06	0.27	0.68	0.23	0.24	-0.06	0.4	0.17	0.63	0.29	0.26	0.33	0.17
Total Assets	0.16		0.81	0.98	0.93	0.92	-0.88	0.93	0.85	-0.57	-0.15	-0.94	0.92	0.93	0.98	0.74	0.96	0.93	0.93	0.58	0.99	0.79	0.87	0.69	0.89	0.92
Short Long Term Debt Total	0.39	0.81		0.88	0.96	0.52	-0.73	0.56	0.5	-0.65	0.37	-0.79	0.89	0.69	0.9	0.84	0.84	0.88	0.69	0.73	0.79	0.86	0.86	0.3	0.72	0.65
Other Current Liab	0.24	0.98	0.88		0.96	0.84	-0.93	0.85	0.84	-0.61	-0.01	-0.94	0.97	0.87	0.99	0.76	0.98	0.97	0.87	0.57	0.99	0.82	0.94	0.68	0.9	0.93
Total Current Liabilities	0.34	0.93	0.96	0.96		0.71	-0.82	0.74	0.68	-0.71	0.19	-0.91	0.96	0.79	0.98	0.83	0.95	0.92	0.8	0.75	0.92	0.86	0.88	0.5	0.87	0.8
Total Stockholder Equity	-0.06	0.92	0.52	0.84	0.71		-0.8	0.99	0.88	-0.33	-0.49	-0.82	0.72	0.93	0.83	0.52	0.82	0.78	0.93	0.33	0.92	0.59	0.71	0.78	0.77	0.9
Other Liab	-0.23	-0.88	-0.73	-0.93	-0.82	-0.8		-0.78	-0.91	0.47	0.08	0.86	-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
Net Tangible Assets	-0.11	0.93	0.56	0.85	0.74	0.99	-0.78		0.84	-0.31	-0.49	-0.8	0.72	0.95	0.85	0.52	0.83	0.79	0.95	0.38	0.92	0.59	0.71	0.7	0.76	0.87
Property Plant And Equipment Net	0.18	0.85	0.5	0.84	0.68	0.88	-0.91	0.84		-0.49	-0.27	-0.86	0.81	0.72	0.79	0.5	0.84	0.81	0.72	0.2	0.89	0.59	0.78	0.96	0.87	0.98
Current Deferred Revenue	-0.78	-0.57	-0.65	-0.61	-0.71	-0.33	0.47	-0.31	-0.49		-0.57	0.78	-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
Net Debt	0.8	-0.15	0.37	-0.01	0.19	-0.49	0.08	-0.49	-0.27	-0.57		-0.09	0.19	-0.37	0.03	0.41	0.0	0.02	-0.36	0.4	-0.15	0.34	0.08	-0.25	0.04	-0.21
Retained Earnings	-0.48	-0.94	-0.79	-0.94	-0.91	-0.82	0.86	-0.8	-0.86	0.78	-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
Accounts Payable	0.4	0.92	0.89	0.97	0.96	0.72	-0.92	0.72	0.81	-0.73	0.19	-0.94		0.72	0.96	0.77	0.96	0.96	0.73	0.58	0.93	0.83	0.93	0.69	0.93	0.9
Cash	-0.06	0.93	0.69	0.87	0.79	0.93	-0.77	0.95	0.72	-0.27	-0.37	-0.78	0.72		0.86	0.65	0.79	0.83	1.0	0.43	0.9	0.71	0.77	0.54	0.67	0.79
Non Current Assets Total	0.27	0.98	0.9	0.99	0.98	0.83	-0.87	0.85	0.79	-0.67	0.03	-0.95	0.96	0.86		0.79	0.98	0.94	0.87	0.67	0.98	0.83	0.89	0.63	0.91	0.89
Non Currrent Assets Other	0.68	0.74	0.84	0.76	0.83	0.52	-0.63	0.52	0.5	-0.73	0.41	-0.84	0.77	0.65	0.79		0.68	0.74	0.66	0.68	0.71	0.99	0.74	0.38	0.62	0.57
Other Assets	0.23	0.96	0.84	0.98	0.95	0.82	-0.88	0.83	0.84	-0.69	0.0	-0.93	0.96	0.79	0.98	0.68		0.92	0.8	0.63	0.97	0.74	0.86	0.7	0.96	0.92
Long Term Debt	0.24	0.93	0.88	0.97	0.92	0.78	-0.96	0.79	0.81	-0.52	0.02	-0.88	0.96	0.83	0.94	0.74	0.92		0.84	0.43	0.94	0.83	0.99	0.65	0.82	0.9
Cash And Short Term Investments	-0.06	0.93	0.69	0.87	0.8	0.93	-0.77	0.95	0.72	-0.28	-0.36	-0.78	0.73	1.0	0.87	0.66	0.8	0.84		0.44	0.9	0.71	0.78	0.54	0.67	0.79
Net Receivables	0.4	0.58	0.73	0.57	0.75	0.33	-0.24	0.38	0.2	-0.77	0.4	-0.62	0.58	0.43	0.67	0.68	0.63	0.43	0.44		0.52	0.61	0.35	0.07	0.62	0.33
Good Will	0.17	0.99	0.79	0.99	0.92	0.92	-0.92	0.92	0.89	-0.57	-0.15	-0.94	0.93	0.9	0.98	0.71	0.97	0.94	0.9	0.52		0.77	0.89	0.75	0.91	0.96
Short Term Investments	0.63	0.79	0.86	0.82	0.86	0.59	-0.74	0.59	0.59	-0.69	0.34	-0.88	0.83	0.71	0.83	0.99	0.74	0.83	0.71	0.61	0.77		0.83	0.48	0.67	0.67
Non Current Liabilities Total	0.29	0.87	0.86	0.94	0.88	0.71	-0.96	0.71	0.78	-0.49	0.08	-0.84	0.93	0.77	0.89	0.74	0.86	0.99	0.78	0.35	0.89	0.83		0.63	0.76	0.86
Capital Lease Obligations	0.26	0.69	0.3	0.68	0.5	0.78	-0.8	0.7	0.96	-0.49	-0.25	-0.77	0.69	0.54	0.63	0.38	0.7	0.65	0.54	0.07	0.75	0.48	0.63		0.79	0.89
Inventory	0.33	0.89	0.72	0.9	0.87	0.77	-0.82	0.76	0.87	-0.79	0.04	-0.93	0.93	0.67	0.91	0.62	0.96	0.82	0.67	0.62	0.91	0.67	0.76	0.79		0.92
Other Current Assets	0.17	0.92	0.65	0.93	0.8	0.9	-0.95	0.87	0.98	-0.54	-0.21	-0.91	0.9	0.79	0.89	0.57	0.92	0.9	0.79	0.33	0.96	0.67	0.86	0.89	0.92

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Nayax Net Receivables vs Total Current Liabilities Analysis

Net Receivables vs Total Current Liabilities

Net Receivables vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Receivables

Total Current Liabilities

Nayax fundamental ratios Correlations

Nayax Account Relationship Matchups

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COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Other Current Liab
Good Will	+ 0.99	Other Current Liab
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Short Term Investments	+ 0.99	Non Currrent Assets Other

Non Current Liabilities Total	- 0.96	Other Liab
Long Term Debt	- 0.96	Other Liab
Non Current Assets Total	- 0.95	Retained Earnings
Other Current Assets	- 0.95	Other Liab
Good Will	- 0.94	Retained Earnings
Accounts Payable	- 0.94	Retained Earnings