Nazara Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings 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 Nazara Technologies Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nazara Technologies' Retained Earnings and Cash And Short Term Investments is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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' Retained Earnings 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 Retained Earnings of Nazara Technologies Limited 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 Retained Earnings i.e., Nazara Technologies' Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

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