Naked Cash vs Short Term Debt Analysis

WINE Stock   53.40  2.60  4.64%   
Naked Wines financial indicator trend analysis is infinitely more than just investigating Naked Wines plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naked Wines plc is a good investment. Please check the relationship between Naked Wines Cash and its Short Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Naked Wines plc. 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.

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naked Wines plc Cash account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Naked Wines' Cash and Short Term Debt is -0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Naked Wines plc, assuming nothing else is changed. The correlation between historical values of Naked Wines' Cash and Short Term Debt 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 of Naked Wines plc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Naked Wines' Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Naked Wines plc, which is listed under current asset account on Naked Wines plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Naked Wines customers. The amounts must be unrestricted with restricted cash listed in a different Naked Wines account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Debt

Most indicators from Naked Wines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naked Wines plc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Naked Wines plc. 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.
Tax Provision is likely to gain to about 4.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 30.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense111K2.2M3.4M3.5M
Depreciation And Amortization3.6M4.3M3.0M4.2M

Naked Wines fundamental ratios Correlations

0.570.720.920.890.150.030.840.390.390.550.260.390.220.820.630.630.30.760.950.140.690.330.210.470.45
0.570.410.420.420.370.580.390.41-0.120.52-0.32-0.120.10.330.840.360.210.350.610.380.280.650.10.580.42
0.720.410.820.46-0.28-0.130.39-0.040.530.020.390.530.470.850.350.88-0.020.540.8-0.250.910.50.490.070.69
0.920.420.820.7-0.13-0.120.620.150.50.250.350.50.480.80.450.760.180.720.96-0.130.820.30.480.230.57
0.890.420.460.70.36-0.060.990.530.320.70.230.32-0.10.770.460.360.380.740.710.350.460.19-0.110.510.19
0.150.37-0.28-0.130.360.640.410.93-0.660.85-0.69-0.66-0.67-0.080.36-0.380.620.11-0.011.0-0.490.25-0.680.54-0.22
0.030.58-0.13-0.12-0.060.64-0.060.57-0.830.49-0.74-0.83-0.23-0.220.6-0.050.37-0.120.080.66-0.310.49-0.220.520.2
0.840.390.390.620.990.41-0.060.560.290.750.190.29-0.180.710.440.270.410.640.640.390.370.16-0.20.560.1
0.390.41-0.040.150.530.930.570.56-0.520.87-0.56-0.52-0.590.150.42-0.140.810.280.240.92-0.240.26-0.610.53-0.02
0.39-0.120.530.50.32-0.66-0.830.29-0.52-0.30.791.00.450.54-0.110.41-0.370.350.39-0.670.68-0.160.45-0.210.07
0.550.520.020.250.70.850.490.750.87-0.3-0.4-0.3-0.460.210.62-0.170.620.260.380.83-0.170.25-0.490.82-0.16
0.26-0.320.390.350.23-0.69-0.740.19-0.560.79-0.40.790.30.45-0.170.41-0.330.340.24-0.70.58-0.410.31-0.330.12
0.39-0.120.530.50.32-0.66-0.830.29-0.521.0-0.30.790.450.54-0.110.41-0.370.350.39-0.670.68-0.160.45-0.210.07
0.220.10.470.48-0.1-0.67-0.23-0.18-0.590.45-0.460.30.450.240.00.52-0.460.190.4-0.650.560.281.0-0.080.4
0.820.330.850.80.77-0.08-0.220.710.150.540.210.450.540.240.270.80.110.750.75-0.060.870.420.260.150.6
0.630.840.350.450.460.360.60.440.42-0.110.62-0.17-0.110.00.270.290.250.310.670.350.230.370.00.680.25
0.630.360.880.760.36-0.38-0.050.27-0.140.41-0.170.410.410.520.80.29-0.10.580.73-0.350.940.430.55-0.10.89
0.30.21-0.020.180.380.620.370.410.81-0.370.62-0.33-0.37-0.460.110.25-0.10.140.210.61-0.160.1-0.470.42-0.01
0.760.350.540.720.740.11-0.120.640.280.350.260.340.350.190.750.310.580.140.680.110.60.160.20.030.45
0.950.610.80.960.71-0.010.080.640.240.390.380.240.390.40.750.670.730.210.68-0.010.760.380.40.390.57
0.140.38-0.25-0.130.351.00.660.390.92-0.670.83-0.7-0.67-0.65-0.060.35-0.350.610.11-0.01-0.470.31-0.660.53-0.18
0.690.280.910.820.46-0.49-0.310.37-0.240.68-0.170.580.680.560.870.230.94-0.160.60.76-0.470.330.58-0.090.73
0.330.650.50.30.190.250.490.160.26-0.160.25-0.41-0.160.280.420.370.430.10.160.380.310.330.290.420.49
0.210.10.490.48-0.11-0.68-0.22-0.2-0.610.45-0.490.310.451.00.260.00.55-0.470.20.4-0.660.580.29-0.110.43
0.470.580.070.230.510.540.520.560.53-0.210.82-0.33-0.21-0.080.150.68-0.10.420.030.390.53-0.090.42-0.11-0.15
0.450.420.690.570.19-0.220.20.1-0.020.07-0.160.120.070.40.60.250.89-0.010.450.57-0.180.730.490.43-0.15
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Naked Wines Account Relationship Matchups

Naked Wines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets191.6M221.1M247.5M251.9M201.7M134.7M
Short Long Term Debt Total5.4M2.9M3.6M35.0M15.9M13.3M
Other Current Liab13.5M25.3M24.5M25.7M27.5M28.9M
Total Current Liabilities72.2M114.3M134.1M119.6M122.7M61.5M
Total Stockholder Equity113.6M103.4M109.9M98.7M76.8M64.6M
Property Plant And Equipment Net6.5M4.2M5.9M8.1M5.3M5.0M
Net Debt(49.3M)(82.2M)(36.2M)(4.5M)(15.9M)(15.1M)
Retained Earnings85.2M76.3M79.7M63.7M43.2M44.5M
Accounts Payable11.3M15.4M21.7M18.7M13.0M12.3M
Cash54.7M85.1M39.8M39.5M31.9M33.4M
Non Current Assets Total59.7M52.6M54.9M41.1M14.5M13.8M
Non Currrent Assets Other13.9M10.4M10.1M10.7M5.9M6.2M
Cash And Short Term Investments54.7M85.1M39.8M39.5M31.9M33.4M
Common Stock Total Equity5.4M5.4M5.5M5.5M6.3M5.3M
Common Stock Shares Outstanding71.9M72.9M75.0M73.7M73.8M76.6M
Liabilities And Stockholders Equity191.6M221.1M247.5M251.9M201.7M134.7M
Non Current Liabilities Total5.8M3.4M3.5M33.6M2.2M2.1M
Inventory69.9M76.1M142.4M165.7M144.9M152.1M
Other Current Assets2.9M1.9M3.6M2.0M1.4M1.4M
Other Stockholder Equity21.1M21.6M21.2M29.5M28.0M14.3M
Total Liab78.1M117.7M137.6M153.2M125.0M70.1M
Property Plant And Equipment Gross6.5M4.2M5.9M8.1M12.8M12.2M
Total Current Assets131.9M168.5M192.6M210.8M187.2M196.5M
Accumulated Other Comprehensive Income(2.8M)462.0K3.5M8.3M6.9M7.2M
Short Term Debt1.2M675K1.0M2.1M13.7M14.4M
Common Stock5.5M5.5M5.5M5.6M6.4M5.4M
Intangible Assets36.0M4.8M3.2M1.1M1.3M1.2M
Current Deferred Revenue(12.2M)(22.3M)76.0M71.3M68.3M71.7M
Net Receivables4.3M5.3M6.7M3.7M9.0M8.1M
Short Long Term Debt12.2M84K30K35K12.3M12.9M
Net Invested Capital113.7M103.4M109.9M127.8M89.1M95.3M
Net Working Capital59.7M54.2M58.4M91.1M64.5M59.9M
Capital Stock5.5M5.5M5.5M5.6M6.4M6.0M

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