Nayax Other Current Liab vs Net Receivables 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 Other Current Liab and its Net Receivables 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.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nayax's Other Current Liab and Net Receivables is 0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Nayax, assuming nothing else is changed. The correlation between historical values of Nayax's Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Nayax are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., Nayax's Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Net Receivables

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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When running Nayax's price analysis, check to measure Nayax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nayax is operating at the current time. Most of Nayax's value examination focuses on studying past and present price action to predict the probability of Nayax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nayax's price. Additionally, you may evaluate how the addition of Nayax to your portfolios can decrease your overall portfolio volatility.