NTZ Stock | | | USD 4.54 0.16 3.40% |
Natuzzi SpA financial indicator trend analysis is infinitely more than just investigating Natuzzi SpA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natuzzi SpA is a good investment. Please check the relationship between Natuzzi SpA Net Debt and its Property Plant Equipment accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.
Net Debt vs Property Plant Equipment
Net Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natuzzi SpA Net Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natuzzi SpA's Net Debt and Property Plant Equipment is -0.36. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Natuzzi SpA, assuming nothing else is changed. The correlation between historical values of Natuzzi SpA's Net Debt and Property Plant Equipment 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 Debt of Natuzzi SpA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Natuzzi SpA's Net Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Property Plant Equipment
Most indicators from Natuzzi SpA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natuzzi SpA 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 Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.At this time, Natuzzi SpA's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.19 in 2024, whereas
Tax Provision is likely to drop slightly above 1.5
M in 2024.
Natuzzi SpA fundamental ratios Correlations
Click cells to compare fundamentals
Natuzzi SpA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natuzzi SpA fundamental ratios Accounts
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.
Additional Tools for Natuzzi Stock Analysis
When running Natuzzi SpA's price analysis, check to
measure Natuzzi SpA'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 Natuzzi SpA is operating at the current time. Most of Natuzzi SpA's value examination focuses on studying past and present price action to
predict the probability of Natuzzi SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natuzzi SpA's price. Additionally, you may evaluate how the addition of Natuzzi SpA to your portfolios can decrease your overall portfolio volatility.