Nutanix Depreciation And Amortization vs Other Operating Expenses Analysis

NTNX Stock  USD 66.70  5.65  7.81%   
Nutanix financial indicator trend analysis is infinitely more than just investigating Nutanix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutanix is a good investment. Please check the relationship between Nutanix Depreciation And Amortization and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. 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.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutanix Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nutanix's Depreciation And Amortization and Other Operating Expenses is 0.96. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Nutanix, assuming nothing else is changed. The correlation between historical values of Nutanix's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Nutanix are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Nutanix's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nutanix. It is also known as Nutanix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Nutanix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutanix 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 Nutanix. 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.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.At this time, Nutanix's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 75.33 in 2024, whereas Selling General Administrative is likely to drop slightly above 114.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.9B
Total Revenue1.6B1.9B2.1B1.1B

Nutanix fundamental ratios Correlations

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0.930.940.870.93-0.71-0.80.940.920.76-0.870.390.750.960.90.890.910.690.890.960.840.720.840.970.890.6
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0.790.710.730.76-0.680.72-0.680.670.790.37-0.870.180.880.690.70.860.690.50.680.720.770.870.740.860.83
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0.70.580.590.67-0.60.6-0.580.640.70.14-0.810.260.890.60.570.830.510.510.620.540.770.830.830.60.82
Click cells to compare fundamentals

Nutanix Account Relationship Matchups

Nutanix fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding194.7M206.5M220.5M233.2M244.7M189.8M
Total Assets1.8B2.3B2.4B2.5B2.1B1.6B
Other Current Liab135.0M165.1M199.0M229.8M186.8M94.2M
Total Current Liabilities760.2M927.9M1.2B1.1B1.2B701.8M
Total Stockholder Equity(275.0M)(1.0B)(790.2M)(707.4M)(728.1M)(691.7M)
Other Liab676.3M1.2B759.7M801.4M921.6M532.6M
Net Tangible Assets(509.6M)(1.2B)(991.3M)(897.3M)(807.5M)(767.1M)
Property Plant And Equipment Net270.5M237.5M232.2M205.4M245.3M155.6M
Current Deferred Revenue534.6M636.4M721.0M823.7M954.5M477.9M
Net Debt324.8M899.2M1.0B803.7M29.3M27.9M
Retained Earnings(2.5B)(3.6B)(4.4B)(4.6B)(4.8B)(4.6B)
Accounts Payable54.0M47.1M44.9M29.9M45.1M53.6M
Cash318.7M285.7M402.9M512.9M655.3M688.0M
Non Current Assets Total674.5M715.2M707.8M665.2M662.6M454.6M
Non Currrent Assets Other169.4M260.4M274.5M269.9M226.9M134.1M
Other Assets169.4M260.4M274.5M269.9M310.4M325.9M
Cash And Short Term Investments719.8M1.2B1.3B1.4B994.3M827.5M
Net Receivables242.5M180.8M124.6M157.3M229.8M179.8M
Liabilities And Stockholders Equity1.8B2.3B2.4B2.5B2.1B1.6B
Non Current Liabilities Total1.3B2.4B2.0B2.1B1.6B1.2B
Inventory68.7M110.9M171.7M120.0M138.0M144.9M
Other Current Assets63.0M167.8M37.4M267.1M257.2M270.0M
Other Stockholder Equity2.2B2.6B3.6B3.9B4.1B4.3B
Total Liab2.0B3.3B3.2B3.2B2.9B1.9B
Deferred Long Term Liab146.8M232.5M252.2M238.0M273.7M287.4M
Property Plant And Equipment Gross270.5M237.5M232.2M205.4M771.8M810.4M
Total Current Assets1.1B1.6B1.7B1.9B1.5B1.1B
Accumulated Other Comprehensive Income2.0M(8K)(6.1M)(5.2M)146K153.3K
Short Term Debt36.6M44.4M185.3M33.1M53.4M70.3M
Property Plant Equipment270.5M237.5M232.2M205.4M236.2M144.2M
Short Term Investments401.0M928.0M921.4M924.5M339.1M553.7M
Short Long Term Debt Total643.6M1.2B1.4B1.3B684.6M886.5M
Long Term Debt490.2M1.1B1.2B1.2B570.1M666.4M
Non Current Liabilities Other27.4M42.7M35.2M39.8M49.1M32.1M
Good Will87.8M185.2M185.3M184.9M185.2M167.1M
Retained Earnings Total Equity(1.0B)(1.6B)(2.5B)(4.4B)(3.9B)(3.7B)
Capital Surpluse1.4B1.8B2.2B3.6B4.1B2.2B

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