Nerdwallet Accounts Payable vs Non Currrent Assets Other Analysis

NRDS Stock  USD 14.10  0.06  0.43%   
Nerdwallet financial indicator trend analysis is infinitely more than just investigating Nerdwallet recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nerdwallet is a good investment. Please check the relationship between Nerdwallet Accounts Payable and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nerdwallet's Accounts Payable and Non Currrent Assets Other is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nerdwallet are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Nerdwallet's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Nerdwallet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nerdwallet are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Nerdwallet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nerdwallet 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 Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.At this time, Nerdwallet's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 45.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization35M37M48.2M33.5M
Interest Income100K1.5M3.6M3.8M

Nerdwallet fundamental ratios Correlations

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0.93-0.920.980.910.290.850.890.92-0.88-0.820.460.770.850.84-0.66-0.420.770.90.840.6-0.87-0.3-0.820.880.91
0.83-0.840.980.820.220.780.80.87-0.82-0.740.380.730.750.72-0.69-0.340.720.840.720.5-0.84-0.21-0.820.770.83
0.99-0.970.910.820.180.950.990.97-0.85-0.940.370.690.960.9-0.67-0.60.70.970.970.82-0.91-0.59-0.830.981.0
0.27-0.150.290.220.18-0.020.140.03-0.470.00.780.610.180.490.390.120.62-0.010.13-0.190.120.510.160.340.16
0.93-0.980.850.780.95-0.020.960.95-0.81-0.990.210.640.90.83-0.79-0.790.640.940.910.93-0.97-0.75-0.890.910.95
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0.94-0.960.920.870.970.030.950.95-0.83-0.940.190.670.890.78-0.82-0.560.670.970.90.8-0.97-0.6-0.930.920.98
-0.860.9-0.88-0.82-0.85-0.47-0.81-0.8-0.830.83-0.38-0.97-0.73-0.850.610.54-0.97-0.74-0.71-0.620.80.30.78-0.91-0.86
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0.48-0.310.460.380.370.780.210.410.19-0.38-0.170.380.510.690.35-0.060.390.290.450.06-0.050.250.110.430.33
0.72-0.750.770.730.690.610.640.620.67-0.97-0.670.380.540.74-0.47-0.421.00.540.520.43-0.63-0.09-0.650.790.7
0.97-0.910.850.750.960.180.90.990.89-0.73-0.880.510.540.92-0.52-0.60.550.951.00.81-0.83-0.6-0.680.930.95
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-0.60.74-0.66-0.69-0.670.39-0.79-0.64-0.820.610.790.35-0.47-0.52-0.360.54-0.46-0.74-0.55-0.690.90.640.96-0.59-0.7
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0.73-0.760.770.720.70.620.640.630.67-0.97-0.670.391.00.550.75-0.46-0.430.550.530.44-0.63-0.1-0.650.80.71
0.95-0.940.90.840.97-0.010.940.980.97-0.74-0.920.290.540.950.81-0.74-0.570.550.960.82-0.94-0.64-0.850.90.97
0.97-0.910.840.720.970.130.910.990.9-0.71-0.890.450.521.00.9-0.55-0.60.530.960.83-0.84-0.64-0.70.930.95
0.8-0.860.60.50.82-0.190.930.860.8-0.62-0.940.060.430.810.72-0.69-0.910.440.820.83-0.86-0.92-0.750.80.82
-0.880.95-0.87-0.84-0.910.12-0.97-0.9-0.970.80.96-0.05-0.63-0.83-0.710.90.68-0.63-0.94-0.84-0.860.690.97-0.85-0.92
-0.540.62-0.3-0.21-0.590.51-0.75-0.64-0.60.30.760.25-0.09-0.6-0.410.640.82-0.1-0.64-0.64-0.920.690.61-0.53-0.6
-0.770.88-0.82-0.82-0.830.16-0.89-0.79-0.930.780.890.11-0.65-0.68-0.580.960.59-0.65-0.85-0.7-0.750.970.61-0.77-0.85
0.98-0.960.880.770.980.340.910.960.92-0.91-0.920.430.790.930.94-0.59-0.620.80.90.930.8-0.85-0.53-0.770.98
0.98-0.970.910.831.00.160.950.980.98-0.86-0.950.330.70.950.88-0.7-0.590.710.970.950.82-0.92-0.6-0.850.98
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Nerdwallet Account Relationship Matchups

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Additional Tools for Nerdwallet Stock Analysis

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