Nuveen Net Receivables vs Total Current Liabilities Analysis
| NPCT Stock | USD 11.36 0.05 0.44% |
Nuveen Core financial indicator trend analysis is infinitely more than just investigating Nuveen Core Plus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuveen Core Plus is a good investment. Please check the relationship between Nuveen Core Net Receivables and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Core Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuveen Core Plus Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nuveen Core's Net Receivables and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nuveen Core Plus, assuming nothing else is changed. The correlation between historical values of Nuveen Core's Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Nuveen Core Plus are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Nuveen Core's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Nuveen Core balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nuveen Core Plus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Nuveen Core's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuveen Core Plus 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 Nuveen Core Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Nuveen Core's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.31 in 2024, whereas Enterprise Value is likely to drop slightly above 359.1 M in 2024.
| 2010 | 2023 | 2024 (projected) | Interest Income | 29.4M | 28.1M | 23.0M | Net Interest Income | 23.8M | 15.3M | 15.7M |
Nuveen Core fundamental ratios Correlations
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Nuveen Core Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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