Nexters Other Current Assets vs Common Stock Shares Outstanding 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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexters Warrant Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nexters Warrant's Other Current Assets and Common Stock Shares Outstanding is -0.5. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nexters Warrant are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Nexters Warrant's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 expected to grow to 6.92 this year, even though Selling General Administrative is projected to decline to slightly above 21.5 M.
 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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Nexters Stock Analysis

When running Nexters Warrant's price analysis, check to measure Nexters Warrant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexters Warrant is operating at the current time. Most of Nexters Warrant's value examination focuses on studying past and present price action to predict the probability of Nexters Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexters Warrant's price. Additionally, you may evaluate how the addition of Nexters Warrant to your portfolios can decrease your overall portfolio volatility.