NWTN Accounts Payable vs Current Deferred Revenue Analysis
| NWTN Stock | 1.20 0.04 3.23% |
NWTN financial indicator trend analysis is infinitely more than just investigating NWTN Class B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NWTN Class B is a good investment. Please check the relationship between NWTN Accounts Payable and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Accounts Payable vs Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NWTN Class B Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between NWTN's Accounts Payable and Current Deferred Revenue is -0.87. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of NWTN Class B, assuming nothing else is changed. The correlation between historical values of NWTN's Accounts Payable and Current Deferred Revenue 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 NWTN Class B are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., NWTN's Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents NWTN 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 NWTN Class B 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.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.Most indicators from NWTN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NWTN Class B 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 NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, NWTN's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 483 M, while Selling General Administrative is likely to drop about 15.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 10.8M | 40.4M | 46.5M | 48.8M | Depreciation And Amortization | 16.2K | 748.6K | 860.9K | 903.9K |
NWTN fundamental ratios Correlations
Click cells to compare fundamentals
NWTN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NWTN fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
| Other Current Liab | 38.4K | 190.4M | 28.5M | 34.2M | 39.3M | 55.7M | |
| Total Current Liabilities | 38.4K | 221.9M | 69.4M | 63.1M | 72.6M | 78.0M | |
| Total Stockholder Equity | 139.0M | (195.4M) | (52.5M) | 280.8M | 322.9M | 339.1M | |
| Net Debt | (389.4K) | 23.3M | 25.4M | (189.1M) | (170.2M) | (161.7M) | |
| Retained Earnings | 536.2K | (239.1M) | (251.5M) | (292.2M) | (263.0M) | (249.9M) | |
| Cash | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
| Non Current Assets Total | 138.8M | 48.7K | 33.5K | 109.9M | 126.4M | 132.7M | |
| Cash And Short Term Investments | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
| Liabilities And Stockholders Equity | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
| Total Liab | 440.9K | 221.9M | 69.4M | 72.0M | 82.8M | 80.0M | |
| Total Current Assets | 591.8K | 13.8M | 13.9M | 240.3M | 276.3M | 290.1M |
Pair Trading with NWTN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NWTN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NWTN will appreciate offsetting losses from the drop in the long position's value.Moving together with NWTN Stock
Moving against NWTN Stock
| 0.76 | FOXF | Fox Factory Holding | PairCorr |
| 0.75 | HMC | Honda Motor | PairCorr |
| 0.57 | RACE | Ferrari NV | PairCorr |
| 0.52 | LCID | Lucid Group Aggressive Push | PairCorr |
| 0.5 | HOG | Harley Davidson | PairCorr |
The ability to find closely correlated positions to NWTN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NWTN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NWTN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NWTN Class B to buy it.
The correlation of NWTN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NWTN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NWTN Class B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NWTN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NWTN. If investors know NWTN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NWTN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.002 | Return On Assets (0.33) | Return On Equity (1.29) |
The market value of NWTN Class B is measured differently than its book value, which is the value of NWTN that is recorded on the company's balance sheet. Investors also form their own opinion of NWTN's value that differs from its market value or its book value, called intrinsic value, which is NWTN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NWTN's market value can be influenced by many factors that don't directly affect NWTN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NWTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWTN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.