Nexa Cash vs Total Assets Analysis

NEXA Stock

USD 7.62 0.12 1.55%

Nexa Resources financial indicator trend analysis is infinitely more than just investigating Nexa Resources SA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexa Resources SA is a good investment. Please check the relationship between Nexa Resources Cash and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexa Resources SA Cash account and Total Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Nexa Resources' Cash and Total Assets is 0.36. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nexa Resources SA, assuming nothing else is changed. The correlation between historical values of Nexa Resources' Cash and Total 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 Cash of Nexa Resources SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Nexa Resources' Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Nexa Resources SA, which is listed under current asset account on Nexa Resources SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nexa Resources customers. The amounts must be unrestricted with restricted cash listed in a different Nexa Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Nexa Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nexa Resources SA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Nexa Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexa Resources SA 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 Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At present, Nexa Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.06, whereas Discontinued Operations is forecasted to decline to (384 K).

	2021	2022	2023	2024 (projected)
Interest Expense	117.1M	149.4M	185.3M	103.4M
Depreciation And Amortization	265.4M	292.4M	298.4M	227.4M

Interest Expense Depreciation And Amortization

Nexa Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets
Total Assets		-0.53	-0.77	0.78	0.22	-0.28	0.93	-0.85	0.36	0.86	-0.78	0.5	0.88	0.05	-0.86	0.14	-0.56	-0.64	-0.31	-0.8	-0.16	-0.03	0.27	0.9	-0.14	0.55
Other Current Liab	-0.53		0.85	-0.24	0.34	0.65	-0.57	0.53	-0.07	-0.48	0.32	-0.13	-0.56	0.39	0.41	0.41	0.58	0.05	0.73	0.66	-0.13	-0.43	0.11	-0.49	-0.1	-0.68
Total Current Liabilities	-0.77	0.85		-0.66	0.13	0.41	-0.83	0.8	-0.17	-0.75	0.7	-0.23	-0.85	0.0	0.77	0.11	0.68	0.42	0.48	0.91	0.06	-0.14	-0.01	-0.78	0.24	-0.7
Total Stockholder Equity	0.78	-0.24	-0.66		0.48	0.28	0.86	-0.65	0.41	0.69	-0.84	0.11	0.92	0.47	-0.74	0.51	-0.59	-0.53	0.19	-0.69	-0.43	-0.37	0.34	0.79	-0.56	0.22
Other Liab	0.22	0.34	0.13	0.48		0.69	0.35	0.16	0.62	0.11	-0.02	0.12	0.31	0.18	-0.06	0.85	-0.01	0.05	0.52	0.24	-0.62	-0.66	0.75	0.05	-0.44	-0.66
Net Tangible Assets	-0.28	0.65	0.41	0.28	0.69		-0.11	0.46	0.24	-0.24	0.05	-0.46	-0.06	0.63	0.29	0.76	0.05	0.24	0.93	0.38	-0.58	-0.73	0.36	-0.26	-0.53	-0.77
Retained Earnings	0.93	-0.57	-0.83	0.86	0.35	-0.11		-0.72	0.42	0.79	-0.75	0.36	0.96	0.05	-0.79	0.28	-0.55	-0.47	-0.24	-0.77	-0.31	-0.2	0.36	0.84	-0.42	0.39
Accounts Payable	-0.85	0.53	0.8	-0.65	0.16	0.46	-0.72		-0.19	-0.82	0.8	-0.51	-0.75	-0.17	0.94	0.11	0.59	0.82	0.37	0.88	-0.04	-0.21	-0.02	-0.88	-0.01	-0.78
Cash	0.36	-0.07	-0.17	0.41	0.62	0.24	0.42	-0.19		0.29	0.04	0.41	0.39	-0.01	-0.28	0.57	-0.44	-0.04	0.14	0.05	-0.69	-0.25	0.95	0.28	-0.06	-0.3
Other Assets	0.86	-0.48	-0.75	0.69	0.11	-0.24	0.79	-0.82	0.29		-0.71	0.51	0.76	0.27	-0.89	-0.01	-0.57	-0.53	-0.15	-0.79	-0.31	-0.23	0.2	0.69	-0.19	0.46
Long Term Debt	-0.78	0.32	0.7	-0.84	-0.02	0.05	-0.75	0.8	0.04	-0.71		-0.06	-0.8	-0.47	0.78	-0.09	0.51	0.71	0.02	0.89	0.03	0.09	0.15	-0.85	0.37	-0.61
Net Receivables	0.5	-0.13	-0.23	0.11	0.12	-0.46	0.36	-0.51	0.41	0.51	-0.06		0.23	-0.32	-0.61	0.05	0.06	-0.53	-0.4	-0.18	-0.06	0.0	0.46	0.35	0.13	0.2
Good Will	0.88	-0.56	-0.85	0.92	0.31	-0.06	0.96	-0.75	0.39	0.76	-0.8	0.23		0.18	-0.8	0.28	-0.66	-0.48	-0.16	-0.8	-0.33	-0.14	0.29	0.83	-0.42	0.43
Common Stock Total Equity	0.05	0.39	0.0	0.47	0.18	0.63	0.05	-0.17	-0.01	0.27	-0.47	-0.32	0.18		-0.23	0.37	-0.35	-0.27	0.8	-0.23	-0.44	-0.51	-0.03	0.12	-0.35	-0.12
Common Stock Shares Outstanding	-0.86	0.41	0.77	-0.74	-0.06	0.29	-0.79	0.94	-0.28	-0.89	0.78	-0.61	-0.8	-0.23		-0.1	0.49	0.81	0.23	0.83	0.15	0.07	-0.19	-0.83	0.23	-0.58
Short Term Investments	0.14	0.41	0.11	0.51	0.85	0.76	0.28	0.11	0.57	-0.01	-0.09	0.05	0.28	0.37	-0.1		-0.06	-0.14	0.62	0.18	-0.66	-0.61	0.7	0.12	-0.52	-0.57
Inventory	-0.56	0.58	0.68	-0.59	-0.01	0.05	-0.55	0.59	-0.44	-0.57	0.51	0.06	-0.66	-0.35	0.49	-0.06		0.21	0.02	0.6	0.4	-0.14	-0.2	-0.56	-0.1	-0.41
Other Current Assets	-0.64	0.05	0.42	-0.53	0.05	0.24	-0.47	0.82	-0.04	-0.53	0.71	-0.53	-0.48	-0.27	0.81	-0.14	0.21		0.13	0.62	-0.16	-0.12	0.0	-0.76	0.04	-0.57
Other Stockholder Equity	-0.31	0.73	0.48	0.19	0.52	0.93	-0.24	0.37	0.14	-0.15	0.02	-0.4	-0.16	0.8	0.23	0.62	0.02	0.13		0.34	-0.57	-0.7	0.24	-0.31	-0.37	-0.69
Total Liab	-0.8	0.66	0.91	-0.69	0.24	0.38	-0.77	0.88	0.05	-0.79	0.89	-0.18	-0.8	-0.23	0.83	0.18	0.6	0.62	0.34		-0.04	-0.1	0.2	-0.85	0.24	-0.8
Long Term Investments	-0.16	-0.13	0.06	-0.43	-0.62	-0.58	-0.31	-0.04	-0.69	-0.31	0.03	-0.06	-0.33	-0.44	0.15	-0.66	0.4	-0.16	-0.57	-0.04		0.7	-0.73	-0.01	0.4	0.5
Short Long Term Debt	-0.03	-0.43	-0.14	-0.37	-0.66	-0.73	-0.2	-0.21	-0.25	-0.23	0.09	0.0	-0.14	-0.51	0.07	-0.61	-0.14	-0.12	-0.7	-0.1	0.7		-0.44	0.11	0.74	0.64
Total Current Assets	0.27	0.11	-0.01	0.34	0.75	0.36	0.36	-0.02	0.95	0.2	0.15	0.46	0.29	-0.03	-0.19	0.7	-0.2	0.0	0.24	0.2	-0.73	-0.44		0.15	-0.19	-0.5
Treasury Stock	0.9	-0.49	-0.78	0.79	0.05	-0.26	0.84	-0.88	0.28	0.69	-0.85	0.35	0.83	0.12	-0.83	0.12	-0.56	-0.76	-0.31	-0.85	-0.01	0.11	0.15		-0.18	0.66
Short Term Debt	-0.14	-0.1	0.24	-0.56	-0.44	-0.53	-0.42	-0.01	-0.06	-0.19	0.37	0.13	-0.42	-0.35	0.23	-0.52	-0.1	0.04	-0.37	0.24	0.4	0.74	-0.19	-0.18		0.27
Intangible Assets	0.55	-0.68	-0.7	0.22	-0.66	-0.77	0.39	-0.78	-0.3	0.46	-0.61	0.2	0.43	-0.12	-0.58	-0.57	-0.41	-0.57	-0.69	-0.8	0.5	0.64	-0.5	0.66	0.27

Click cells to compare fundamentals

Nexa Resources Account Relationship Matchups

Nexa Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	5.1B	4.9B	4.9B	4.8B	4.4B
Other Current Liab	208.9M	273.7M	416.3M	363.6M	389.4M	343.4M
Total Current Liabilities	699.0M	876.6M	989.3M	898.8M	1.1B	875.9M
Total Stockholder Equity	2.1B	1.4B	1.4B	1.4B	1.2B	1.6B
Other Liab	791.9M	678.4M	615.3M	663.0M	596.7M	575.2M
Net Tangible Assets	571.1M	301.0M	329.5M	425.3M	382.8M	404.7M
Retained Earnings	(159.0M)	(814.7M)	(746.3M)	(741.1M)	(1.0B)	(978.9M)
Accounts Payable	414.1M	370.1M	411.8M	413.9M	451.6M	392.4M
Cash	698.6M	1.1B	743.8M	497.8M	457.3M	625.6M
Other Assets	504.6M	430.3M	354.9M	382.0M	1.0	0.95
Long Term Debt	1.5B	1.9B	1.7B	1.6B	1.6B	1.6B
Net Receivables	177.2M	242.0M	239.9M	226.2M	157.1M	169.1M
Good Will	674.6M	406.4M	406.2M	344.6M	307.1M	441.1M
Common Stock Shares Outstanding	116.5M	133.3M	132.6M	132.4M	152.3M	137.6M
Short Term Investments	58.4M	35.0M	19.2M	18.1M	11.1M	10.5M
Inventory	295.3M	256.5M	372.5M	395.2M	339.7M	336.8M
Other Current Assets	141.0M	107.5M	97.4M	82.9M	94.7M	83.9M
Other Stockholder Equity	2.4B	2.3B	2.3B	2.3B	2.3B	2.0B
Total Liab	3.0B	3.4B	3.3B	3.2B	3.4B	3.2B
Long Term Investments	352K	0.0	3.7M	46.1M	50.5M	53.1M
Short Long Term Debt	33.1M	89.0M	28.0M	24.7M	114.6M	120.3M
Total Current Assets	1.4B	1.7B	1.5B	1.2B	1.1B	1.2B
Accumulated Other Comprehensive Income	(140.3M)	(229.5M)	(289.0M)	(232.2M)	(158.1M)	(150.2M)
Short Term Debt	49.6M	162.0M	63.0M	54.5M	147.0M	82.9M
Intangible Assets	20.1M	21.1M	38.3M	24.9M	602.2M	632.3M
Property Plant Equipment	2.0B	1.8B	2.0B	2.2B	2.6B	2.2B
Short Long Term Debt Total	1.5B	2.1B	1.7B	1.7B	1.7B	1.7B
Property Plant And Equipment Net	3.0B	2.6B	2.7B	2.9B	2.4B	3.0B
Current Deferred Revenue	26.4M	27.1M	33.2M	26.2M	37.4M	31.2M
Net Debt	844.3M	963.8M	975.1M	1.2B	1.3B	830.1M
Non Current Assets Total	4.1B	3.3B	3.4B	3.7B	3.8B	3.2B
Non Currrent Assets Other	160.2M	93.1M	102.9M	139.5M	135.9M	153.8M
Cash And Short Term Investments	757.0M	1.1B	763.0M	515.9M	468.3M	683.3M
Liabilities And Stockholders Equity	5.5B	5.1B	4.9B	4.9B	4.8B	4.3B
Non Current Liabilities Total	2.3B	2.6B	2.3B	2.3B	2.3B	2.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

When determining whether Nexa Resources SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nexa Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:

How To Invest In Nexa

Details

Is Nexa Stock a good investment?

Details

What is Nexa Resources' Net Worth?

Details

Largest Diversified Metals & Mining Companies

View

Largest Other Industrial Metals & Mining Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexa Resources SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexa Resources. If investors know Nexa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.49)

Revenue Per Share

20.05

Quarterly Revenue Growth

0.093

Return On Assets

0.0215

Return On Equity

(0.13)

The market value of Nexa Resources SA is measured differently than its book value, which is the value of Nexa that is recorded on the company's balance sheet. Investors also form their own opinion of Nexa Resources' value that differs from its market value or its book value, called intrinsic value, which is Nexa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexa Resources' market value can be influenced by many factors that don't directly affect Nexa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nexa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nexa Cash vs Total Assets Analysis

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

Correlation Coefficient

Cash

Total Assets

Nexa Resources fundamental ratios Correlations

Nexa Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nexa Resources fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 0.96	Retained Earnings
Total Current Assets	+ 0.95	Cash
Common Stock Shares Outstanding	+ 0.94	Accounts Payable
Retained Earnings	+ 0.93	Total Assets
Other Stockholder Equity	+ 0.93	Net Tangible Assets
Good Will	+ 0.92	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.89	Other Assets
Treasury Stock	- 0.88	Accounts Payable
Common Stock Shares Outstanding	- 0.86	Total Assets
Treasury Stock	- 0.85	Total Liab
Treasury Stock	- 0.85	Long Term Debt
Good Will	- 0.85	Total Current Liabilities