Nexters Total Current Liabilities vs Cash And Short Term Investments 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 Total Current Liabilities and its Cash And Short Term Investments 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.

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities 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 Nexters Warrant Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Nexters Warrant's Total Current Liabilities and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments 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 Total Current Liabilities 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 Current Liabilities of Nexters Warrant 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 Current Liabilities i.e., Nexters Warrant's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Nexters Warrant balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nexters Warrant 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nexters Warrant balance sheet. This account contains Nexters Warrant investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nexters Warrant 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 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

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