Nebius Good Will vs Total Current Assets Analysis

NBIS Stock   32.78  0.92  2.73%   
Nebius Group financial indicator trend analysis is infinitely more than just investigating Nebius Group NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nebius Group NV is a good investment. Please check the relationship between Nebius Group Good Will and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nebius Group NV Good Will account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Nebius Group's Good Will and Total Current Assets is -0.8. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Nebius Group NV, assuming nothing else is changed. The correlation between historical values of Nebius Group's Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Nebius Group NV are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Nebius Group's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Nebius Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nebius Group NV 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 Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to about 226.5 M in 2024. Selling General Administrative is likely to drop to about 2.2 B in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization559.5M727.6M713.0M662.2M
Interest Income61.9M63.4M63.7M66.3M

Nebius Group fundamental ratios Correlations

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Nebius Group Account Relationship Matchups

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