Nixxy, Other Current Assets vs Non Current Liabilities Total Analysis

NIXX Stock   3.42  0.57  20.00%   
Nixxy, financial indicator trend analysis is infinitely more than just investigating Nixxy, Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nixxy, Inc is a good investment. Please check the relationship between Nixxy, Other Current Assets and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nixxy, Inc. 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nixxy, Inc Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nixxy,'s Other Current Assets and Non Current Liabilities Total is 0.2. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Nixxy, Inc, assuming nothing else is changed. The correlation between historical values of Nixxy,'s Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nixxy, Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Nixxy,'s Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

Most indicators from Nixxy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nixxy, Inc 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 Nixxy, Inc. 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.
Selling General Administrative is likely to rise to about 9.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 746.2 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.3M7.6M466.8K443.5K
Total Revenue22.2M21.3M3.2M3.0M

Nixxy, fundamental ratios Correlations

-0.85-0.880.97-0.920.33-0.620.140.991.00.970.80.840.740.30.85-0.85-0.34-0.820.96-0.920.270.980.640.960.9
-0.850.99-0.920.97-0.780.94-0.63-0.87-0.87-0.93-0.41-0.99-0.98-0.65-0.551.00.611.0-0.950.98-0.73-0.75-0.17-0.93-0.58
-0.880.99-0.940.97-0.720.9-0.57-0.89-0.9-0.94-0.47-0.98-0.95-0.58-0.610.990.570.99-0.970.99-0.66-0.8-0.23-0.96-0.63
0.97-0.92-0.94-0.970.5-0.720.280.980.980.990.740.920.850.360.83-0.92-0.34-0.890.99-0.970.440.950.531.00.85
-0.920.970.97-0.97-0.640.84-0.47-0.95-0.95-0.99-0.57-0.98-0.94-0.58-0.660.970.540.95-0.980.99-0.61-0.85-0.39-0.96-0.73
0.33-0.78-0.720.5-0.64-0.910.940.380.370.52-0.180.780.860.750.01-0.78-0.62-0.810.57-0.670.980.2-0.430.54-0.01
-0.620.940.9-0.720.84-0.91-0.86-0.66-0.66-0.76-0.06-0.91-0.95-0.83-0.220.930.790.95-0.790.86-0.87-0.480.17-0.74-0.26
0.14-0.63-0.570.28-0.470.94-0.860.190.190.33-0.440.620.720.85-0.28-0.63-0.77-0.670.37-0.490.95-0.04-0.620.32-0.26
0.99-0.87-0.890.98-0.950.38-0.660.191.00.990.760.870.790.390.81-0.87-0.39-0.830.97-0.940.350.950.630.950.89
1.0-0.87-0.90.98-0.950.37-0.660.191.00.980.770.870.780.360.83-0.87-0.38-0.840.97-0.940.330.960.610.960.88
0.97-0.93-0.940.99-0.990.52-0.760.330.990.980.680.940.880.480.76-0.93-0.45-0.90.99-0.980.490.920.510.970.82
0.8-0.41-0.470.74-0.57-0.18-0.06-0.440.760.770.680.420.29-0.290.97-0.410.27-0.350.66-0.56-0.230.90.920.710.97
0.84-0.99-0.980.92-0.980.78-0.910.620.870.870.940.420.990.660.55-0.99-0.58-0.980.95-0.980.750.740.210.930.6
0.74-0.98-0.950.85-0.940.86-0.950.720.790.780.880.290.990.710.44-0.98-0.62-0.980.89-0.950.840.640.070.870.48
0.3-0.65-0.580.36-0.580.75-0.830.850.390.360.48-0.290.660.71-0.21-0.65-0.95-0.660.45-0.550.820.1-0.310.35-0.06
0.85-0.55-0.610.83-0.660.01-0.22-0.280.810.830.760.970.550.44-0.21-0.550.2-0.510.76-0.67-0.080.940.810.820.96
-0.851.00.99-0.920.97-0.780.93-0.63-0.87-0.87-0.93-0.41-0.99-0.98-0.65-0.550.611.0-0.950.98-0.73-0.75-0.17-0.93-0.58
-0.340.610.57-0.340.54-0.620.79-0.77-0.39-0.38-0.450.27-0.58-0.62-0.950.20.610.64-0.430.52-0.66-0.130.29-0.330.05
-0.821.00.99-0.890.95-0.810.95-0.67-0.83-0.84-0.9-0.35-0.98-0.98-0.66-0.511.00.64-0.930.97-0.75-0.71-0.1-0.91-0.53
0.96-0.95-0.970.99-0.980.57-0.790.370.970.970.990.660.950.890.450.76-0.95-0.43-0.93-0.990.510.910.450.990.8
-0.920.980.99-0.970.99-0.670.86-0.49-0.94-0.94-0.98-0.56-0.98-0.95-0.55-0.670.980.520.97-0.99-0.62-0.85-0.34-0.97-0.71
0.27-0.73-0.660.44-0.610.98-0.870.950.350.330.49-0.230.750.840.82-0.08-0.73-0.66-0.750.51-0.620.13-0.420.47-0.05
0.98-0.75-0.80.95-0.850.2-0.48-0.040.950.960.920.90.740.640.10.94-0.75-0.13-0.710.91-0.850.130.740.930.96
0.64-0.17-0.230.53-0.39-0.430.17-0.620.630.610.510.920.210.07-0.310.81-0.170.29-0.10.45-0.34-0.420.740.470.89
0.96-0.93-0.961.0-0.960.54-0.740.320.950.960.970.710.930.870.350.82-0.93-0.33-0.910.99-0.970.470.930.470.82
0.9-0.58-0.630.85-0.73-0.01-0.26-0.260.890.880.820.970.60.48-0.060.96-0.580.05-0.530.8-0.71-0.050.960.890.82
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Nixxy, Account Relationship Matchups

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When running Nixxy,'s price analysis, check to measure Nixxy,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.