Nerdwallet Cash And Short Term Investments vs Good Will 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 Cash And Short Term Investments and its Good Will 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.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nerdwallet Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nerdwallet's Cash And Short Term Investments and Good Will is 0.53. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nerdwallet are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., Nerdwallet's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nerdwallet balance sheet. This account contains Nerdwallet investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nerdwallet fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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

-0.970.930.830.990.270.930.990.94-0.86-0.920.480.720.970.95-0.6-0.610.730.950.970.8-0.88-0.54-0.770.980.98
-0.97-0.92-0.84-0.97-0.15-0.98-0.97-0.960.90.98-0.31-0.75-0.91-0.890.740.72-0.76-0.94-0.91-0.860.950.620.88-0.96-0.97
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
0.99-0.970.890.80.990.140.960.95-0.8-0.940.410.620.990.91-0.64-0.650.630.980.990.86-0.9-0.64-0.790.960.98
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
-0.920.98-0.82-0.74-0.940.0-0.99-0.94-0.940.83-0.17-0.67-0.88-0.820.790.81-0.67-0.92-0.89-0.940.960.760.89-0.92-0.95
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
0.95-0.890.840.720.90.490.830.910.78-0.85-0.820.690.740.92-0.36-0.620.750.810.90.72-0.71-0.41-0.580.940.88
-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
-0.610.72-0.42-0.34-0.60.12-0.79-0.65-0.560.540.81-0.06-0.42-0.6-0.620.54-0.43-0.57-0.6-0.910.680.820.59-0.62-0.59
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.