Nayax Net Invested Capital vs Property Plant Equipment Analysis

NYAX Stock  USD 29.74  0.63  2.16%   
Nayax financial indicator trend analysis is infinitely more than just investigating Nayax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nayax is a good investment. Please check the relationship between Nayax Net Invested Capital and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nayax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Nayax Stock please use our How to Invest in Nayax guide.

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nayax's Net Invested Capital and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Nayax, assuming nothing else is changed. The correlation between historical values of Nayax's Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Nayax are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Nayax's Net Invested Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant Equipment

Most indicators from Nayax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nayax 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 Nayax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Nayax Stock please use our How to Invest in Nayax guide.At this time, Nayax's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 71.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense964K993K2.8M3.0M
Depreciation And Amortization7.5M8.6M12.7M7.5M

Nayax fundamental ratios Correlations

0.160.390.240.34-0.06-0.23-0.110.18-0.780.8-0.480.4-0.240.270.590.230.24-0.240.720.170.630.290.260.330.19
0.160.820.980.930.91-0.880.930.84-0.57-0.14-0.940.920.780.980.880.960.930.790.690.990.80.870.690.890.95
0.390.820.880.960.52-0.730.560.5-0.650.37-0.790.890.350.90.830.840.880.360.80.790.860.860.30.720.71
0.240.980.880.960.84-0.930.850.84-0.61-0.01-0.940.970.680.990.890.980.970.690.70.990.820.940.680.90.96
0.340.930.960.960.71-0.820.740.68-0.710.19-0.910.960.520.980.890.950.920.530.80.920.860.880.50.870.85
-0.060.910.520.840.71-0.80.990.88-0.33-0.49-0.820.720.940.830.720.820.780.940.470.920.590.710.780.770.9
-0.23-0.88-0.73-0.93-0.82-0.8-0.78-0.910.470.080.86-0.92-0.68-0.87-0.79-0.88-0.96-0.69-0.54-0.92-0.74-0.96-0.8-0.82-0.96
-0.110.930.560.850.740.99-0.780.84-0.31-0.49-0.80.720.940.840.710.830.790.940.480.920.590.710.70.760.88
0.180.840.50.840.680.88-0.910.84-0.49-0.27-0.860.810.750.790.740.840.810.750.430.890.590.780.960.870.96
-0.78-0.57-0.65-0.61-0.71-0.330.47-0.31-0.49-0.570.78-0.73-0.03-0.67-0.78-0.69-0.52-0.04-0.77-0.57-0.7-0.49-0.49-0.79-0.57
0.8-0.140.37-0.010.19-0.490.08-0.49-0.27-0.57-0.090.19-0.660.030.230.00.02-0.660.46-0.150.340.08-0.250.04-0.16
-0.48-0.94-0.79-0.94-0.91-0.820.86-0.8-0.860.78-0.09-0.94-0.63-0.94-0.97-0.93-0.88-0.63-0.81-0.94-0.87-0.84-0.77-0.93-0.93
0.40.920.890.970.960.72-0.920.720.81-0.730.19-0.940.510.960.890.960.960.520.720.930.830.930.690.930.93
-0.240.780.350.680.520.94-0.680.940.75-0.03-0.66-0.630.510.650.560.610.661.00.330.770.470.60.640.520.74
0.270.980.90.990.980.83-0.870.840.79-0.670.03-0.940.960.650.910.980.940.660.750.970.840.890.630.910.92
0.590.880.830.890.890.72-0.790.710.74-0.780.23-0.970.890.560.910.850.850.570.930.870.960.820.640.820.83
0.230.960.840.980.950.82-0.880.830.84-0.690.0-0.930.960.610.980.850.920.620.640.970.740.860.70.960.95
0.240.930.880.970.920.78-0.960.790.81-0.520.02-0.880.960.660.940.850.920.660.660.940.830.990.650.820.93
-0.240.790.360.690.530.94-0.690.940.75-0.04-0.66-0.630.521.00.660.570.620.660.340.780.480.610.640.530.74
0.720.690.80.70.80.47-0.540.480.43-0.770.46-0.810.720.330.750.930.640.660.340.650.960.650.340.610.56
0.170.990.790.990.920.92-0.920.920.89-0.57-0.15-0.940.930.770.970.870.970.940.780.650.770.890.750.910.98
0.630.80.860.820.860.59-0.740.590.59-0.70.34-0.870.830.470.840.960.740.830.480.960.770.830.480.670.71
0.290.870.860.940.880.71-0.960.710.78-0.490.08-0.840.930.60.890.820.860.990.610.650.890.830.630.760.89
0.260.690.30.680.50.78-0.80.70.96-0.49-0.25-0.770.690.640.630.640.70.650.640.340.750.480.630.790.86
0.330.890.720.90.870.77-0.820.760.87-0.790.04-0.930.930.520.910.820.960.820.530.610.910.670.760.790.93
0.190.950.710.960.850.9-0.960.880.96-0.57-0.16-0.930.930.740.920.830.950.930.740.560.980.710.890.860.93
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Nayax Account Relationship Matchups

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