Naked Total Liab vs Cash And Short Term Investments 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 Total Liab and its Cash And Short Term Investments 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.

Total Liab vs Cash And Short Term Investments

Total Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naked Wines plc Total Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Naked Wines' Total Liab and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments 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' Total Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Naked Wines plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., Naked Wines' Total Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Naked Wines plc balance sheet. This account contains Naked Wines investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Naked Wines plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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