Nexa Short Term Debt vs Intangible 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 Short Term Debt and its Intangible 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.

Short Term Debt vs Intangible Assets

Short Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexa Resources SA Short Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nexa Resources' Short Term Debt and Intangible Assets is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible 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' Short Term Debt and Intangible 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 Short Term Debt of Nexa Resources SA are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., Nexa Resources' Short Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Expense117.1M149.4M185.3M103.4M
Depreciation And Amortization265.4M292.4M298.4M227.4M

Nexa Resources fundamental ratios Correlations

-0.53-0.770.780.22-0.280.93-0.850.360.86-0.780.50.880.05-0.860.14-0.56-0.64-0.31-0.8-0.16-0.030.270.9-0.140.55
-0.530.85-0.240.340.65-0.570.53-0.07-0.480.32-0.13-0.560.390.410.410.580.050.730.66-0.13-0.430.11-0.49-0.1-0.68
-0.770.85-0.660.130.41-0.830.8-0.17-0.750.7-0.23-0.850.00.770.110.680.420.480.910.06-0.14-0.01-0.780.24-0.7
0.78-0.24-0.660.480.280.86-0.650.410.69-0.840.110.920.47-0.740.51-0.59-0.530.19-0.69-0.43-0.370.340.79-0.560.22
0.220.340.130.480.690.350.160.620.11-0.020.120.310.18-0.060.85-0.010.050.520.24-0.62-0.660.750.05-0.44-0.66
-0.280.650.410.280.69-0.110.460.24-0.240.05-0.46-0.060.630.290.760.050.240.930.38-0.58-0.730.36-0.26-0.53-0.77
0.93-0.57-0.830.860.35-0.11-0.720.420.79-0.750.360.960.05-0.790.28-0.55-0.47-0.24-0.77-0.31-0.20.360.84-0.420.39
-0.850.530.8-0.650.160.46-0.72-0.19-0.820.8-0.51-0.75-0.170.940.110.590.820.370.88-0.04-0.21-0.02-0.88-0.01-0.78
0.36-0.07-0.170.410.620.240.42-0.190.290.040.410.39-0.01-0.280.57-0.44-0.040.140.05-0.69-0.250.950.28-0.06-0.3
0.86-0.48-0.750.690.11-0.240.79-0.820.29-0.710.510.760.27-0.89-0.01-0.57-0.53-0.15-0.79-0.31-0.230.20.69-0.190.46
-0.780.320.7-0.84-0.020.05-0.750.80.04-0.71-0.06-0.8-0.470.78-0.090.510.710.020.890.030.090.15-0.850.37-0.61
0.5-0.13-0.230.110.12-0.460.36-0.510.410.51-0.060.23-0.32-0.610.050.06-0.53-0.4-0.18-0.060.00.460.350.130.2
0.88-0.56-0.850.920.31-0.060.96-0.750.390.76-0.80.230.18-0.80.28-0.66-0.48-0.16-0.8-0.33-0.140.290.83-0.420.43
0.050.390.00.470.180.630.05-0.17-0.010.27-0.47-0.320.18-0.230.37-0.35-0.270.8-0.23-0.44-0.51-0.030.12-0.35-0.12
-0.860.410.77-0.74-0.060.29-0.790.94-0.28-0.890.78-0.61-0.8-0.23-0.10.490.810.230.830.150.07-0.19-0.830.23-0.58
0.140.410.110.510.850.760.280.110.57-0.01-0.090.050.280.37-0.1-0.06-0.140.620.18-0.66-0.610.70.12-0.52-0.57
-0.560.580.68-0.59-0.010.05-0.550.59-0.44-0.570.510.06-0.66-0.350.49-0.060.210.020.60.4-0.14-0.2-0.56-0.1-0.41
-0.640.050.42-0.530.050.24-0.470.82-0.04-0.530.71-0.53-0.48-0.270.81-0.140.210.130.62-0.16-0.120.0-0.760.04-0.57
-0.310.730.480.190.520.93-0.240.370.14-0.150.02-0.4-0.160.80.230.620.020.130.34-0.57-0.70.24-0.31-0.37-0.69
-0.80.660.91-0.690.240.38-0.770.880.05-0.790.89-0.18-0.8-0.230.830.180.60.620.34-0.04-0.10.2-0.850.24-0.8
-0.16-0.130.06-0.43-0.62-0.58-0.31-0.04-0.69-0.310.03-0.06-0.33-0.440.15-0.660.4-0.16-0.57-0.040.7-0.73-0.010.40.5
-0.03-0.43-0.14-0.37-0.66-0.73-0.2-0.21-0.25-0.230.090.0-0.14-0.510.07-0.61-0.14-0.12-0.7-0.10.7-0.440.110.740.64
0.270.11-0.010.340.750.360.36-0.020.950.20.150.460.29-0.03-0.190.7-0.20.00.240.2-0.73-0.440.15-0.19-0.5
0.9-0.49-0.780.790.05-0.260.84-0.880.280.69-0.850.350.830.12-0.830.12-0.56-0.76-0.31-0.85-0.010.110.15-0.180.66
-0.14-0.10.24-0.56-0.44-0.53-0.42-0.01-0.06-0.190.370.13-0.42-0.350.23-0.52-0.10.04-0.370.240.40.74-0.19-0.180.27
0.55-0.68-0.70.22-0.66-0.770.39-0.78-0.30.46-0.610.20.43-0.12-0.58-0.57-0.41-0.57-0.69-0.80.50.64-0.50.660.27
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Nexa Resources Account Relationship Matchups

Nexa Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B5.1B4.9B4.9B4.8B4.4B
Other Current Liab208.9M273.7M416.3M363.6M389.4M343.4M
Total Current Liabilities699.0M876.6M989.3M898.8M1.1B875.9M
Total Stockholder Equity2.1B1.4B1.4B1.4B1.2B1.6B
Other Liab791.9M678.4M615.3M663.0M596.7M575.2M
Net Tangible Assets571.1M301.0M329.5M425.3M382.8M404.7M
Retained Earnings(159.0M)(814.7M)(746.3M)(741.1M)(1.0B)(978.9M)
Accounts Payable414.1M370.1M411.8M413.9M451.6M392.4M
Cash698.6M1.1B743.8M497.8M457.3M625.6M
Other Assets504.6M430.3M354.9M382.0M1.00.95
Long Term Debt1.5B1.9B1.7B1.6B1.6B1.6B
Net Receivables177.2M242.0M239.9M226.2M157.1M169.1M
Good Will674.6M406.4M406.2M344.6M307.1M441.1M
Common Stock Shares Outstanding116.5M133.3M132.6M132.4M152.3M137.6M
Short Term Investments58.4M35.0M19.2M18.1M11.1M10.5M
Inventory295.3M256.5M372.5M395.2M339.7M336.8M
Other Current Assets141.0M107.5M97.4M82.9M94.7M83.9M
Other Stockholder Equity2.4B2.3B2.3B2.3B2.3B2.0B
Total Liab3.0B3.4B3.3B3.2B3.4B3.2B
Long Term Investments352K0.03.7M46.1M50.5M53.1M
Short Long Term Debt33.1M89.0M28.0M24.7M114.6M120.3M
Total Current Assets1.4B1.7B1.5B1.2B1.1B1.2B
Accumulated Other Comprehensive Income(140.3M)(229.5M)(289.0M)(232.2M)(158.1M)(150.2M)
Short Term Debt49.6M162.0M63.0M54.5M147.0M82.9M
Intangible Assets20.1M21.1M38.3M24.9M602.2M632.3M
Property Plant Equipment2.0B1.8B2.0B2.2B2.6B2.2B
Short Long Term Debt Total1.5B2.1B1.7B1.7B1.7B1.7B
Property Plant And Equipment Net3.0B2.6B2.7B2.9B2.4B3.0B
Current Deferred Revenue26.4M27.1M33.2M26.2M37.4M31.2M
Net Debt844.3M963.8M975.1M1.2B1.3B830.1M
Non Current Assets Total4.1B3.3B3.4B3.7B3.8B3.2B
Non Currrent Assets Other160.2M93.1M102.9M139.5M135.9M153.8M
Cash And Short Term Investments757.0M1.1B763.0M515.9M468.3M683.3M
Liabilities And Stockholders Equity5.5B5.1B4.9B4.9B4.8B4.3B
Non Current Liabilities Total2.3B2.6B2.3B2.3B2.3B2.4B

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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.
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:
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.