Nexters Net Invested Capital vs Accounts Payable Analysis

GDEVW Stock  USD 0.02  0  7.78%   
Nexters Warrant financial indicator trend analysis is infinitely more than just investigating Nexters Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexters Warrant is a good investment. Please check the relationship between Nexters Warrant Net Invested Capital and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexters Warrant Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nexters Warrant's Net Invested Capital and Accounts Payable is -0.49. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nexters Warrant, assuming nothing else is changed. The correlation between historical values of Nexters Warrant's Net Invested Capital and Accounts Payable 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 Nexters Warrant are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Nexters Warrant's Net Invested Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

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

Accounts Payable

An accounting item on the balance sheet that represents Nexters Warrant obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nexters Warrant are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Nexters Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexters Warrant 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Nexters Warrant's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income6.9M801K1.5M2.5M
Tax Provision1.1M3.8M2.0M1.7M

Nexters Warrant fundamental ratios Correlations

-0.91-0.931.0-0.940.96-0.92-0.970.790.920.990.481.00.98-0.970.740.990.890.570.671.01.0-0.940.73-0.510.84
-0.910.99-0.930.91-0.780.890.84-0.55-0.9-0.95-0.63-0.89-0.830.97-0.6-0.91-0.74-0.6-0.69-0.92-0.880.99-0.620.42-0.76
-0.930.99-0.950.95-0.820.950.87-0.55-0.95-0.96-0.54-0.92-0.860.98-0.56-0.94-0.79-0.56-0.66-0.95-0.911.0-0.580.39-0.78
1.0-0.93-0.95-0.960.94-0.93-0.970.760.941.00.480.990.97-0.970.710.990.90.590.691.00.99-0.950.72-0.490.86
-0.940.910.95-0.96-0.860.970.94-0.65-0.97-0.97-0.34-0.93-0.880.92-0.51-0.98-0.93-0.63-0.71-0.97-0.920.92-0.610.29-0.9
0.96-0.78-0.820.94-0.86-0.87-0.940.790.870.910.330.980.98-0.90.750.940.840.380.480.940.98-0.840.65-0.560.75
-0.920.890.95-0.930.97-0.870.89-0.53-1.0-0.93-0.25-0.91-0.850.93-0.45-0.95-0.86-0.44-0.54-0.94-0.90.93-0.440.31-0.82
-0.970.840.87-0.970.94-0.940.89-0.84-0.91-0.97-0.36-0.97-0.970.91-0.74-0.98-0.94-0.59-0.67-0.98-0.970.86-0.730.54-0.93
0.79-0.55-0.550.76-0.650.79-0.53-0.840.540.750.430.790.85-0.640.840.750.810.670.70.760.8-0.550.92-0.530.74
0.92-0.9-0.950.94-0.970.87-1.0-0.910.540.940.250.910.86-0.930.490.960.850.420.520.950.9-0.930.45-0.370.84
0.99-0.95-0.961.0-0.970.91-0.93-0.970.750.940.50.980.95-0.970.690.990.90.640.731.00.97-0.960.72-0.460.87
0.48-0.63-0.540.48-0.340.33-0.25-0.360.430.250.50.460.45-0.560.590.390.210.620.650.450.47-0.570.71-0.340.21
1.0-0.89-0.920.99-0.930.98-0.91-0.970.790.910.980.460.99-0.960.750.980.880.530.630.991.0-0.920.72-0.530.82
0.98-0.83-0.860.97-0.880.98-0.85-0.970.850.860.950.450.99-0.930.820.960.870.510.60.970.99-0.870.76-0.590.81
-0.970.970.98-0.970.92-0.90.930.91-0.64-0.93-0.97-0.56-0.96-0.93-0.69-0.95-0.78-0.5-0.61-0.97-0.960.99-0.630.52-0.77
0.74-0.6-0.560.71-0.510.75-0.45-0.740.840.490.690.590.750.82-0.690.670.540.390.460.70.76-0.60.79-0.870.59
0.99-0.91-0.940.99-0.980.94-0.95-0.980.750.960.990.390.980.96-0.950.670.930.580.671.00.98-0.930.68-0.450.89
0.89-0.74-0.790.9-0.930.84-0.86-0.940.810.850.90.210.880.87-0.780.540.930.690.750.910.88-0.760.7-0.270.93
0.57-0.6-0.560.59-0.630.38-0.44-0.590.670.420.640.620.530.51-0.50.390.580.690.990.590.53-0.530.840.010.64
0.67-0.69-0.660.69-0.710.48-0.54-0.670.70.520.730.650.630.6-0.610.460.670.750.990.680.63-0.630.86-0.060.7
1.0-0.92-0.951.0-0.970.94-0.94-0.980.760.951.00.450.990.97-0.970.71.00.910.590.680.99-0.950.71-0.480.87
1.0-0.88-0.910.99-0.920.98-0.9-0.970.80.90.970.471.00.99-0.960.760.980.880.530.630.99-0.920.73-0.540.81
-0.940.991.0-0.950.92-0.840.930.86-0.55-0.93-0.96-0.57-0.92-0.870.99-0.6-0.93-0.76-0.53-0.63-0.95-0.92-0.580.43-0.75
0.73-0.62-0.580.72-0.610.65-0.44-0.730.920.450.720.710.720.76-0.630.790.680.70.840.860.710.73-0.58-0.410.63
-0.510.420.39-0.490.29-0.560.310.54-0.53-0.37-0.46-0.34-0.53-0.590.52-0.87-0.45-0.270.01-0.06-0.48-0.540.43-0.41-0.44
0.84-0.76-0.780.86-0.90.75-0.82-0.930.740.840.870.210.820.81-0.770.590.890.930.640.70.870.81-0.750.63-0.44
Click cells to compare fundamentals

Nexters Warrant Account Relationship Matchups

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