Nubeva Long Term Debt vs Net Receivables Analysis

NBVA Stock  CAD 0.18  0.02  10.00%   
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies Long Term Debt and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nubeva Technologies Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nubeva Technologies' Long Term Debt and Net Receivables is -0.27. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nubeva Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Nubeva Technologies' Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Nubeva Technologies has held for over one year. Long-term debt appears on Nubeva Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nubeva Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva 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 Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Nubeva Technologies' Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.5M3.7M2.8M3.3M
Research Development1.2M1.3M1.3M1.4M

Nubeva Technologies fundamental ratios Correlations

0.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.991.0-0.281.00.78-0.050.44-0.41-0.440.34
0.730.740.74-0.640.20.670.520.37-0.830.620.43-0.690.760.73-0.320.670.74-0.210.26-0.25-0.250.34
0.990.741.0-0.70.350.970.720.56-0.910.640.55-0.891.00.99-0.280.990.84-0.080.5-0.5-0.50.37
0.990.741.0-0.710.340.960.720.57-0.910.640.56-0.891.00.99-0.290.990.85-0.060.51-0.51-0.510.39
-0.62-0.64-0.7-0.710.38-0.51-0.43-0.930.9-0.78-0.90.91-0.71-0.620.52-0.6-0.950.02-0.850.870.85-0.66
0.450.20.350.340.380.550.25-0.53-0.01-0.26-0.440.070.340.450.260.46-0.18-0.08-0.490.540.47-0.37
0.980.670.970.96-0.510.550.660.38-0.780.470.37-0.750.960.98-0.130.980.7-0.030.35-0.31-0.340.25
0.710.520.720.72-0.430.250.660.27-0.670.760.26-0.670.720.71-0.130.710.57-0.390.14-0.27-0.130.1
0.480.370.560.57-0.93-0.530.380.27-0.720.650.96-0.790.560.48-0.550.470.860.240.98-0.95-0.970.78
-0.85-0.83-0.91-0.910.9-0.01-0.78-0.67-0.72-0.81-0.690.97-0.92-0.850.35-0.83-0.960.21-0.610.660.6-0.45
0.570.620.640.64-0.78-0.260.470.760.65-0.810.61-0.810.650.57-0.290.540.81-0.290.52-0.55-0.510.43
0.50.430.550.56-0.9-0.440.370.260.96-0.690.61-0.730.560.5-0.730.490.80.340.94-0.89-0.950.87
-0.83-0.69-0.89-0.890.910.07-0.75-0.67-0.790.97-0.81-0.73-0.9-0.830.32-0.81-0.960.19-0.70.770.69-0.45
0.990.761.01.0-0.710.340.960.720.56-0.920.650.56-0.90.99-0.290.980.85-0.10.5-0.5-0.50.37
1.00.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.99-0.281.00.78-0.050.44-0.41-0.440.34
-0.28-0.32-0.28-0.290.520.26-0.13-0.13-0.550.35-0.29-0.730.32-0.29-0.28-0.27-0.37-0.27-0.560.480.6-0.62
1.00.670.990.99-0.60.460.980.710.47-0.830.540.49-0.810.981.0-0.270.75-0.030.44-0.42-0.450.33
0.780.740.840.85-0.95-0.180.70.570.86-0.960.810.8-0.960.850.78-0.370.75-0.030.77-0.78-0.760.61
-0.05-0.21-0.08-0.060.02-0.08-0.03-0.390.240.21-0.290.340.19-0.1-0.05-0.27-0.03-0.030.38-0.16-0.360.69
0.440.260.50.51-0.85-0.490.350.140.98-0.610.520.94-0.70.50.44-0.560.440.770.38-0.91-1.00.8
-0.41-0.25-0.5-0.510.870.54-0.31-0.27-0.950.66-0.55-0.890.77-0.5-0.410.48-0.42-0.78-0.16-0.910.9-0.66
-0.44-0.25-0.5-0.510.850.47-0.34-0.13-0.970.6-0.51-0.950.69-0.5-0.440.6-0.45-0.76-0.36-1.00.9-0.78
0.340.340.370.39-0.66-0.370.250.10.78-0.450.430.87-0.450.370.34-0.620.330.610.690.8-0.66-0.78
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Nubeva Technologies Account Relationship Matchups

Nubeva Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3M3.0M4.4M4.1M4.4M4.5M
Total Current Liabilities837.8K420.3K247.9K387.1K595.4K531.2K
Total Stockholder Equity1.3M2.5M4.1M3.7M3.8M3.7M
Net Tangible Assets1.3M2.5M4.1M3.7M4.2M3.6M
Retained Earnings(13.0M)(13.6M)(16.9M)(18.4M)(17.8M)(18.7M)
Accounts Payable108.7K82.0K83.2K115.5K58.0K111.9K
Cash1.9M2.3M4.0M3.6M3.6M2.9M
Net Receivables16.8K322.5K124.4K66.1K202.2K153.4K
Common Stock Shares Outstanding56.2M61.0M68.1M68.1M70.0M66.6M
Non Current Liabilities Total102.4K26.4K24.9K27.6K29.6K28.1K
Other Stockholder Equity574.2K1.2M2.0M3.0M3.5M3.6M
Total Liab940.2K446.7K272.8K414.7K625.0K559.9K
Net Invested Capital1.7M2.7M4.2M3.7M3.9M3.8M
Total Current Assets2.3M3.0M4.4M4.1M4.4M4.5M
Net Working Capital1.4M2.6M4.1M3.7M3.8M3.9M
Common Stock13.7M14.9M19.0M19.1M21.9M14.6M
Capital Stock13.7M14.9M19.0M19.1M19.3M18.3M

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