Naked Current Deferred Revenue vs Total Current Assets Analysis

WINE Stock   52.50  0.50  0.94%   
Naked Wines financial indicator trend analysis is infinitely more than just investigating Naked Wines plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naked Wines plc is a good investment. Please check the relationship between Naked Wines Current Deferred Revenue and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Naked Wines plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Total Current Assets

Current Deferred Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naked Wines plc Current Deferred Revenue account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Naked Wines' Current Deferred Revenue and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Naked Wines plc, assuming nothing else is changed. The correlation between historical values of Naked Wines' Current Deferred Revenue and Total Current 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 Current Deferred Revenue of Naked Wines plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., Naked Wines' Current Deferred Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Naked Wines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naked Wines plc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Naked Wines plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 4.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 30.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense111K2.2M3.4M3.5M
Depreciation And Amortization3.6M4.3M3.0M4.2M

Naked Wines fundamental ratios Correlations

0.570.720.920.890.150.030.840.390.390.550.260.390.220.820.630.630.30.760.950.140.690.330.210.470.45
0.570.410.420.420.370.580.390.41-0.120.52-0.32-0.120.10.330.840.360.210.350.610.380.280.650.10.580.42
0.720.410.820.46-0.28-0.130.39-0.040.530.020.390.530.470.850.350.88-0.020.540.8-0.250.910.50.490.070.69
0.920.420.820.7-0.13-0.120.620.150.50.250.350.50.480.80.450.760.180.720.96-0.130.820.30.480.230.57
0.890.420.460.70.36-0.060.990.530.320.70.230.32-0.10.770.460.360.380.740.710.350.460.19-0.110.510.19
0.150.37-0.28-0.130.360.640.410.93-0.660.85-0.69-0.66-0.67-0.080.36-0.380.620.11-0.011.0-0.490.25-0.680.54-0.22
0.030.58-0.13-0.12-0.060.64-0.060.57-0.830.49-0.74-0.83-0.23-0.220.6-0.050.37-0.120.080.66-0.310.49-0.220.520.2
0.840.390.390.620.990.41-0.060.560.290.750.190.29-0.180.710.440.270.410.640.640.390.370.16-0.20.560.1
0.390.41-0.040.150.530.930.570.56-0.520.87-0.56-0.52-0.590.150.42-0.140.810.280.240.92-0.240.26-0.610.53-0.02
0.39-0.120.530.50.32-0.66-0.830.29-0.52-0.30.791.00.450.54-0.110.41-0.370.350.39-0.670.68-0.160.45-0.210.07
0.550.520.020.250.70.850.490.750.87-0.3-0.4-0.3-0.460.210.62-0.170.620.260.380.83-0.170.25-0.490.82-0.16
0.26-0.320.390.350.23-0.69-0.740.19-0.560.79-0.40.790.30.45-0.170.41-0.330.340.24-0.70.58-0.410.31-0.330.12
0.39-0.120.530.50.32-0.66-0.830.29-0.521.0-0.30.790.450.54-0.110.41-0.370.350.39-0.670.68-0.160.45-0.210.07
0.220.10.470.48-0.1-0.67-0.23-0.18-0.590.45-0.460.30.450.240.00.52-0.460.190.4-0.650.560.281.0-0.080.4
0.820.330.850.80.77-0.08-0.220.710.150.540.210.450.540.240.270.80.110.750.75-0.060.870.420.260.150.6
0.630.840.350.450.460.360.60.440.42-0.110.62-0.17-0.110.00.270.290.250.310.670.350.230.370.00.680.25
0.630.360.880.760.36-0.38-0.050.27-0.140.41-0.170.410.410.520.80.29-0.10.580.73-0.350.940.430.55-0.10.89
0.30.21-0.020.180.380.620.370.410.81-0.370.62-0.33-0.37-0.460.110.25-0.10.140.210.61-0.160.1-0.470.42-0.01
0.760.350.540.720.740.11-0.120.640.280.350.260.340.350.190.750.310.580.140.680.110.60.160.20.030.45
0.950.610.80.960.71-0.010.080.640.240.390.380.240.390.40.750.670.730.210.68-0.010.760.380.40.390.57
0.140.38-0.25-0.130.351.00.660.390.92-0.670.83-0.7-0.67-0.65-0.060.35-0.350.610.11-0.01-0.470.31-0.660.53-0.18
0.690.280.910.820.46-0.49-0.310.37-0.240.68-0.170.580.680.560.870.230.94-0.160.60.76-0.470.330.58-0.090.73
0.330.650.50.30.190.250.490.160.26-0.160.25-0.41-0.160.280.420.370.430.10.160.380.310.330.290.420.49
0.210.10.490.48-0.11-0.68-0.22-0.2-0.610.45-0.490.310.451.00.260.00.55-0.470.20.4-0.660.580.29-0.110.43
0.470.580.070.230.510.540.520.560.53-0.210.82-0.33-0.21-0.080.150.68-0.10.420.030.390.53-0.090.42-0.11-0.15
0.450.420.690.570.19-0.220.20.1-0.020.07-0.160.120.070.40.60.250.89-0.010.450.57-0.180.730.490.43-0.15
Click cells to compare fundamentals

Naked Wines Account Relationship Matchups

Naked Wines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets191.6M221.1M247.5M251.9M201.7M134.7M
Short Long Term Debt Total5.4M2.9M3.6M35.0M15.9M13.3M
Other Current Liab13.5M25.3M24.5M25.7M27.5M28.9M
Total Current Liabilities72.2M114.3M134.1M119.6M122.7M61.5M
Total Stockholder Equity113.6M103.4M109.9M98.7M76.8M64.6M
Property Plant And Equipment Net6.5M4.2M5.9M8.1M5.3M5.0M
Net Debt(49.3M)(82.2M)(36.2M)(4.5M)(15.9M)(15.1M)
Retained Earnings85.2M76.3M79.7M63.7M43.2M44.5M
Accounts Payable11.3M15.4M21.7M18.7M13.0M12.3M
Cash54.7M85.1M39.8M39.5M31.9M33.4M
Non Current Assets Total59.7M52.6M54.9M41.1M14.5M13.8M
Non Currrent Assets Other13.9M10.4M10.1M10.7M5.9M6.2M
Cash And Short Term Investments54.7M85.1M39.8M39.5M31.9M33.4M
Common Stock Total Equity5.4M5.4M5.5M5.5M6.3M5.3M
Common Stock Shares Outstanding71.9M72.9M75.0M73.7M73.8M76.6M
Liabilities And Stockholders Equity191.6M221.1M247.5M251.9M201.7M134.7M
Non Current Liabilities Total5.8M3.4M3.5M33.6M2.2M2.1M
Inventory69.9M76.1M142.4M165.7M144.9M152.1M
Other Current Assets2.9M1.9M3.6M2.0M1.4M1.4M
Other Stockholder Equity21.1M21.6M21.2M29.5M28.0M14.3M
Total Liab78.1M117.7M137.6M153.2M125.0M70.1M
Property Plant And Equipment Gross6.5M4.2M5.9M8.1M12.8M12.2M
Total Current Assets131.9M168.5M192.6M210.8M187.2M196.5M
Accumulated Other Comprehensive Income(2.8M)462.0K3.5M8.3M6.9M7.2M
Short Term Debt1.2M675K1.0M2.1M13.7M14.4M
Common Stock5.5M5.5M5.5M5.6M6.4M5.4M
Intangible Assets36.0M4.8M3.2M1.1M1.3M1.2M
Current Deferred Revenue(12.2M)(22.3M)76.0M71.3M68.3M71.7M
Net Receivables4.3M5.3M6.7M3.7M9.0M8.1M
Short Long Term Debt12.2M84K30K35K12.3M12.9M
Net Invested Capital113.7M103.4M109.9M127.8M89.1M95.3M
Net Working Capital59.7M54.2M58.4M91.1M64.5M59.9M
Capital Stock5.5M5.5M5.5M5.6M6.4M6.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Naked Stock Analysis

When running Naked Wines' price analysis, check to measure Naked Wines' 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 Naked Wines is operating at the current time. Most of Naked Wines' value examination focuses on studying past and present price action to predict the probability of Naked Wines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naked Wines' price. Additionally, you may evaluate how the addition of Naked Wines to your portfolios can decrease your overall portfolio volatility.