Nerdwallet Capital Lease Obligations vs Property Plant And Equipment Net Analysis
NRDS Stock | USD 13.80 0.64 4.43% |
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 Capital Lease Obligations and its Property Plant And Equipment Net 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.
Capital Lease Obligations vs Property Plant And Equipment Net
Capital Lease Obligations vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Capital Lease Obligations account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nerdwallet's Capital Lease Obligations and Property Plant And Equipment Net is -0.64. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Capital Lease Obligations and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Nerdwallet are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Capital Lease Obligations i.e., Nerdwallet's Capital Lease Obligations and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Lease Obligations
Nerdwallet capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Nerdwallet asset purchases. For example, Nerdwallet can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Nerdwallet control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 Amortization | 35M | 37M | 48.2M | 33.5M | Interest Income | 100K | 1.5M | 3.6M | 3.8M |
Nerdwallet fundamental ratios Correlations
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Nerdwallet Account Relationship Matchups
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