Nayax Non Current Assets Total vs Retained Earnings 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 Non Current Assets Total and its Retained Earnings 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.

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nayax Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Nayax's Non Current Assets Total and Retained Earnings is -0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Nayax, assuming nothing else is changed. The correlation between historical values of Nayax's Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Nayax are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., Nayax's Non Current Assets Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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