Nazara Non Current Assets Total vs Total Stockholder Equity Analysis

NAZARA Stock   926.95  2.40  0.26%   
Nazara Technologies financial indicator trend analysis is infinitely more than just investigating Nazara Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nazara Technologies is a good investment. Please check the relationship between Nazara Technologies Non Current Assets Total and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nazara Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nazara Technologies Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nazara Technologies' Non Current Assets Total and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Nazara Technologies Limited, assuming nothing else is changed. The correlation between historical values of Nazara Technologies' Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Nazara Technologies Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Nazara Technologies' Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Nazara Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nazara Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nazara Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Nazara Technologies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 9.1 B, whereas Tax Provision is forecasted to decline to about 131 M.
 2022 2023 2024 2025 (projected)
Gross Profit6.4B6.7B7.7B8.1B
Total Revenue10.9B11.4B13.1B13.7B

Nazara Technologies fundamental ratios Correlations

0.80.981.00.93-0.950.610.970.970.990.91-0.261.00.990.870.990.190.940.920.981.00.890.980.390.770.54
0.80.890.770.69-0.660.570.680.660.840.530.170.770.780.710.82-0.040.610.570.890.770.880.830.820.810.53
0.980.890.970.91-0.90.610.930.910.980.84-0.20.970.970.850.980.180.880.841.00.970.920.980.510.810.59
1.00.770.970.93-0.960.620.970.970.980.92-0.291.00.990.870.990.190.960.940.971.00.870.970.360.760.53
0.930.690.910.93-0.880.60.920.910.940.88-0.30.920.950.840.90.110.950.850.920.920.860.950.250.810.5
-0.95-0.66-0.9-0.96-0.88-0.63-0.97-0.98-0.9-0.950.42-0.96-0.94-0.82-0.93-0.18-0.95-0.96-0.89-0.97-0.74-0.89-0.19-0.65-0.42
0.610.570.610.620.6-0.630.60.60.60.52-0.070.610.650.60.61-0.320.620.560.620.620.590.610.190.65-0.01
0.970.680.930.970.92-0.970.60.990.930.98-0.470.970.960.80.940.210.960.950.920.970.780.930.180.650.46
0.970.660.910.970.91-0.980.60.990.910.98-0.450.980.960.820.950.20.970.970.90.980.750.920.190.630.46
0.990.840.980.980.94-0.90.60.930.910.84-0.160.970.980.870.980.160.910.860.990.970.950.990.460.850.55
0.910.530.840.920.88-0.950.520.980.980.84-0.590.930.90.770.880.210.960.960.830.930.650.860.030.520.43
-0.260.17-0.2-0.29-0.30.42-0.07-0.47-0.45-0.16-0.59-0.31-0.27-0.13-0.21-0.45-0.38-0.39-0.16-0.310.09-0.210.540.23-0.25
1.00.770.971.00.92-0.960.610.970.980.970.93-0.310.990.860.990.20.950.940.961.00.840.960.360.720.54
0.990.780.970.990.95-0.940.650.960.960.980.9-0.270.990.870.990.170.950.910.970.990.890.980.360.790.53
0.870.710.850.870.84-0.820.60.80.820.870.77-0.130.860.870.880.060.850.780.850.860.790.890.380.810.57
0.990.820.980.990.9-0.930.610.940.950.980.88-0.210.990.990.880.20.920.90.970.990.880.970.460.770.58
0.19-0.040.180.190.11-0.18-0.320.210.20.160.21-0.450.20.170.060.20.070.130.150.20.050.12-0.05-0.110.52
0.940.610.880.960.95-0.950.620.960.970.910.96-0.380.950.950.850.920.070.960.880.950.780.930.130.70.4
0.920.570.840.940.85-0.960.560.950.970.860.96-0.390.940.910.780.90.130.960.830.940.70.850.10.580.31
0.980.891.00.970.92-0.890.620.920.90.990.83-0.160.960.970.850.970.150.880.830.960.940.980.520.840.57
1.00.770.971.00.92-0.970.620.970.980.970.93-0.311.00.990.860.990.20.950.940.960.850.960.350.730.53
0.890.880.920.870.86-0.740.590.780.750.950.650.090.840.890.790.880.050.780.70.940.850.920.570.940.46
0.980.830.980.970.95-0.890.610.930.920.990.86-0.210.960.980.890.970.120.930.850.980.960.920.440.830.61
0.390.820.510.360.25-0.190.190.180.190.460.030.540.360.360.380.46-0.050.130.10.520.350.570.440.530.52
0.770.810.810.760.81-0.650.650.650.630.850.520.230.720.790.810.77-0.110.70.580.840.730.940.830.530.36
0.540.530.590.530.5-0.42-0.010.460.460.550.43-0.250.540.530.570.580.520.40.310.570.530.460.610.520.36
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Nazara Technologies Account Relationship Matchups

Nazara Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.2B14.1B17.0B27.6B31.8B33.3B
Other Current Liab1.4B689M1.5B981.1M1.1B1.2B
Total Current Liabilities2.1B1.7B3.3B3.8B4.4B4.6B
Total Stockholder Equity6.6B10.4B11.0B20.0B23.0B24.1B
Property Plant And Equipment Net38.6M77M148M231.2M265.9M279.2M
Net Debt(1.4B)(1.9B)(1.0B)(5.4B)(4.9B)(4.6B)
Retained Earnings2.2B1.3B1.4B2.4B2.7B1.7B
Accounts Payable610M499M767M2.4B2.8B2.9B
Cash1.4B1.9B1.4B5.7B6.5B6.8B
Non Current Assets Total3.4B4.9B7.0B8.6B9.9B10.4B
Non Currrent Assets Other260.2M306M200M8.6B9.9B10.4B
Other Assets306.8M363M237M100K115K109.3K
Cash And Short Term Investments4.8B7.2B7.5B14.3B16.4B17.2B
Net Receivables993M1.5B1.9B2.7B3.2B3.3B
Common Stock Shares Outstanding58.9M63.0M66.0M69.3M79.7M64.3M
Short Term Investments3.4B5.2B6.1B8.6B9.9B10.4B
Liabilities And Stockholders Equity10.2B14.1B17.0B27.6B31.8B33.3B
Inventory(991M)13M246M21.1M24.3M25.5M
Other Current Assets295.2M684M442.8M2.0B2.2B2.4B
Other Stockholder Equity3.6B8.2B(1.6B)16.4B18.9B19.8B
Total Liab2.4B2.1B3.9B4.3B4.9B5.2B
Total Current Assets6.8B9.2B10.0B19.0B21.8B22.9B
Accumulated Other Comprehensive Income682.3M759M807M885.1M1.0B522.8M
Intangible Assets1.3B1.5B2.3B1.9B2.2B2.3B
Common Stock121.8M130M265M306.2M352.1M369.7M
Current Deferred Revenue1.2B795M1.5B213.2M245.2M465.8M
Non Current Liabilities Total301.6M384M508M450.5M518.1M319.5M
Short Term Debt11M66M330M150.1M172.6M181.2M
Short Long Term Debt Total13.1M43M382M277M318.6M161.2M
Good Will1.7B2.6B3.4B3.9B4.5B2.3B
Capital Lease Obligations13.1M43M78M184.2M211.8M222.4M
Net Invested Capital6.6B10.4B11.4B20.1B23.1B24.2B
Net Working Capital4.7B7.4B6.6B15.2B17.4B18.3B
Capital Stock121.8M130M265M306.2M352.1M191.6M
Property Plant And Equipment Gross220.7M314M148M231.2M208.1M181.8M

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Other Information on Investing in Nazara Stock

Balance Sheet is a snapshot of the financial position of Nazara Technologies at a specified time, usually calculated after every quarter, six months, or one year. Nazara Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nazara Technologies 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 Nazara currently owns. An asset can also be divided into two categories, current and non-current.