Nazara Other Current Liab vs Accounts Payable Analysis

NAZARA Stock   1,001  20.45  2.00%   
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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nazara Technologies Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nazara Technologies' Other Current Liab and Accounts Payable is 0.48. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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' Other Current Liab 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 Other Current Liab of Nazara Technologies Limited 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 Other Current Liab i.e., Nazara Technologies' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Nazara Technologies 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 Nazara Technologies 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 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 7.9 B, whereas Tax Provision is forecasted to decline to about 131 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B6.4B6.7B7.0B
Total Revenue6.2B10.9B11.4B12.0B

Nazara Technologies fundamental ratios Correlations

0.670.971.00.9-0.940.530.950.950.980.85-0.090.990.990.870.990.130.910.870.971.00.870.970.410.760.35
0.670.790.630.52-0.450.510.480.450.730.270.440.620.640.70.7-0.130.390.330.80.630.810.710.890.790.43
0.970.790.960.87-0.860.530.90.880.980.76-0.020.950.960.840.970.120.820.761.00.960.910.970.550.80.42
1.00.630.960.9-0.950.530.950.960.970.87-0.111.00.990.870.990.140.930.90.951.00.840.960.370.740.33
0.90.520.870.9-0.840.50.880.860.910.82-0.150.880.920.830.860.040.920.770.880.890.830.920.230.80.31
-0.94-0.45-0.86-0.95-0.84-0.51-0.97-1.0-0.86-0.960.33-0.96-0.92-0.74-0.91-0.14-0.94-0.96-0.84-0.96-0.67-0.85-0.15-0.55-0.19
0.530.510.530.530.5-0.510.50.50.510.390.090.520.580.460.52-0.430.530.440.540.530.530.520.210.57-0.18
0.950.480.90.950.88-0.970.50.980.890.96-0.360.950.930.730.910.160.930.920.890.960.730.890.150.590.22
0.950.450.880.960.86-1.00.50.980.870.96-0.330.970.940.750.920.150.950.960.860.970.690.870.160.560.22
0.980.730.980.970.91-0.860.510.890.870.770.030.950.980.890.970.110.870.790.990.960.940.980.480.860.38
0.850.270.760.870.82-0.960.390.960.960.77-0.510.880.840.650.810.170.930.930.740.890.540.79-0.050.410.17
-0.090.44-0.02-0.11-0.150.330.09-0.36-0.330.03-0.51-0.14-0.090.16-0.03-0.44-0.24-0.250.03-0.150.28-0.030.610.41-0.08
0.990.620.951.00.88-0.960.520.950.970.950.88-0.140.980.850.990.150.920.90.941.00.810.940.370.690.34
0.990.640.960.990.92-0.920.580.930.940.980.84-0.090.980.870.980.110.920.860.960.980.870.970.380.780.34
0.870.70.840.870.83-0.740.460.730.750.890.650.160.850.870.89-0.050.820.690.860.850.830.920.530.830.51
0.990.70.970.990.86-0.910.520.910.920.970.81-0.030.990.980.890.150.880.850.960.990.860.960.490.750.4
0.13-0.130.120.140.04-0.14-0.430.160.150.110.17-0.440.150.11-0.050.15-0.020.060.090.14-0.010.05-0.07-0.180.49
0.910.390.820.930.92-0.940.530.930.950.870.93-0.240.920.920.820.88-0.020.930.820.920.720.890.080.660.15
0.870.330.760.90.77-0.960.440.920.960.790.93-0.250.90.860.690.850.060.930.750.90.60.770.040.50.02
0.970.81.00.950.88-0.840.540.890.860.990.740.030.940.960.860.960.090.820.750.950.930.970.550.840.4
1.00.630.961.00.89-0.960.530.960.970.960.89-0.151.00.980.850.990.140.920.90.950.820.950.370.70.33
0.870.810.910.840.83-0.670.530.730.690.940.540.280.810.870.830.86-0.010.720.60.930.820.90.580.950.3
0.970.710.970.960.92-0.850.520.890.870.980.79-0.030.940.970.920.960.050.890.770.970.950.90.460.830.45
0.410.890.550.370.23-0.150.210.150.160.48-0.050.610.370.380.530.49-0.070.080.040.550.370.580.460.570.54
0.760.790.80.740.8-0.550.570.590.560.860.410.410.690.780.830.75-0.180.660.50.840.70.950.830.570.26
0.350.430.420.330.31-0.19-0.180.220.220.380.17-0.080.340.340.510.40.490.150.020.40.330.30.450.540.26
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Nazara Technologies Account Relationship Matchups

Nazara Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B10.2B14.1B17.0B27.6B29.0B
Other Current Liab448.4M1.4B689M1.5B981.1M529.3M
Total Current Liabilities1.4B2.1B1.7B3.3B3.8B4.0B
Total Stockholder Equity5.1B6.6B10.4B11.0B20.0B21.0B
Property Plant And Equipment Net108.8M38.6M77M148M231.2M242.8M
Net Debt(640.5M)(1.4B)(1.9B)(1.0B)(5.4B)(5.1B)
Retained Earnings1.8B2.2B1.3B1.4B2.4B1.7B
Accounts Payable692.7M610M499M767M2.4B2.5B
Cash720.9M1.4B1.9B1.4B5.7B6.0B
Non Current Assets Total4.0B3.4B4.9B7.0B8.6B9.1B
Non Currrent Assets Other177.1M260.2M306M200M8.6B9.1B
Other Assets199.7M306.8M363M237M100K95K
Cash And Short Term Investments2.2B4.8B7.2B7.5B14.3B15.0B
Net Receivables1.1B993M1.5B1.9B2.7B2.9B
Common Stock Shares Outstanding55.5M58.9M63.0M66.0M69.3M64.3M
Short Term Investments1.5B3.4B5.2B6.1B8.6B9.0B
Liabilities And Stockholders Equity7.8B10.2B14.1B17.0B27.6B29.0B
Inventory(291.8M)(991M)13M246M21.1M22.2M
Other Current Assets503.8M295.2M684M442.8M2.0B2.1B
Other Stockholder Equity1.8B3.6B8.2B(1.6B)16.4B17.2B
Total Liab1.9B2.4B2.1B3.9B4.3B4.5B
Total Current Assets3.8B6.8B9.2B10.0B19.0B19.9B
Accumulated Other Comprehensive Income1.3B682.3M759M807M885.1M522.8M
Intangible Assets1.8B1.3B1.5B2.3B1.9B2.0B
Common Stock112.0M121.8M130M265M306.2M321.5M
Current Deferred Revenue(110.3M)1.2B795M1.5B213.2M202.5M
Non Current Liabilities Total435.5M301.6M384M508M450.5M319.5M
Short Term Debt(56.0M)11M66M330M150.1M85.3M
Short Long Term Debt Total80.4M13.1M43M382M277M161.2M
Good Will1.6B1.7B2.6B3.4B3.9B2.3B
Capital Lease Obligations80.4M13.1M43M78M184.2M98.8M
Net Invested Capital5.1B6.6B10.4B11.4B20.1B21.1B
Net Working Capital2.4B4.7B7.4B6.6B15.2B15.9B
Capital Stock112.0M121.8M130M265M306.2M191.6M

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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.