Nextnav Historical Balance Sheet
| NN Stock | USD 17.39 0.66 3.95% |
Trend analysis of Nextnav Acquisition Corp balance sheet accounts such as Total Current Liabilities of 8.6 M, Total Stockholder Equity of 82.7 M or Other Liab of 4.9 M provides information on Nextnav Acquisition's total assets, liabilities, and equity, which is the actual value of Nextnav Acquisition Corp to its prevalent stockholders. By breaking down trends over time using Nextnav Acquisition balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Nextnav Acquisition Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nextnav Acquisition Corp is a good buy for the upcoming year.
Nextnav Acquisition Inventory |
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Nextnav |
About Nextnav Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Nextnav Acquisition Corp at a specified time, usually calculated after every quarter, six months, or one year. Nextnav Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nextnav Acquisition and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nextnav currently owns. An asset can also be divided into two categories, current and non-current.
Nextnav Acquisition Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Nextnav Acquisition assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nextnav Acquisition Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Nextnav Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nextnav Acquisition Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Nextnav Acquisition's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nextnav Acquisition Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Nextnav Acquisition Corp. 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. At this time, Nextnav Acquisition's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 30th of November 2024, Property Plant Equipment is likely to grow to about 35.4 M, while Total Assets are likely to drop about 111.5 M.
| 2021 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.8M | 66.1M | 40.9M | Total Assets | 136.8M | 162.2M | 111.5M |
Nextnav Acquisition balance sheet Correlations
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Nextnav Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nextnav Acquisition
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 Nextnav Acquisition 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 Nextnav Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with Nextnav Stock
Moving against Nextnav Stock
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| 0.64 | VRNS | Varonis Systems | PairCorr |
| 0.58 | VRAR | Glimpse Group | PairCorr |
| 0.49 | VERI | Veritone | PairCorr |
The ability to find closely correlated positions to Nextnav Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextnav Acquisition 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 Nextnav Acquisition - 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 Nextnav Acquisition Corp to buy it.
The correlation of Nextnav Acquisition 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 Nextnav Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextnav Acquisition Corp 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 Nextnav Acquisition 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 Nextnav Acquisition Corp. 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. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Application Software 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 Nextnav Acquisition. If investors know Nextnav 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 Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.74) | Revenue Per Share 0.043 | Quarterly Revenue Growth 0.565 | Return On Assets (0.24) | Return On Equity (1.15) |
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition'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 Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition'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 Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition'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.