Natuzzi Other Current Assets vs Non Current Assets Total Analysis

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 Other Current Assets and its Non Current Assets Total 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.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natuzzi SpA Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natuzzi SpA's Other Current Assets and Non Current Assets Total is -0.41. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total 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 Other Current Assets and Non Current Assets 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 Natuzzi SpA are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Natuzzi SpA's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
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 Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
 2021 2022 2023 2024 (projected)
Interest Expense6.8M8.5M7.1M7.5M
Depreciation And Amortization20.9M19.8M22.4M17.9M

Natuzzi SpA fundamental ratios Correlations

-0.01-0.030.30.70.89-0.370.510.580.830.680.40.830.57-0.090.310.81-0.7-0.340.4-0.080.810.21-0.470.690.69
-0.010.530.59-0.670.320.91-0.740.19-0.170.680.45-0.17-0.73-0.380.54-0.050.22-0.550.760.98-0.490.69-0.520.340.35
-0.030.530.79-0.380.30.56-0.480.24-0.230.290.11-0.24-0.21-0.31-0.26-0.05-0.08-0.270.340.63-0.210.03-0.260.270.28
0.30.590.79-0.250.490.42-0.420.590.080.560.230.08-0.18-0.050.120.29-0.29-0.570.750.59-0.060.47-0.60.570.57
0.7-0.67-0.38-0.250.39-0.860.950.180.680.01-0.040.680.930.22-0.210.47-0.50.28-0.31-0.670.9-0.340.170.120.11
0.890.320.30.490.390.00.180.550.650.860.510.650.26-0.350.350.76-0.68-0.550.560.280.560.25-0.660.810.81
-0.370.910.560.42-0.860.0-0.88-0.08-0.540.380.21-0.55-0.83-0.370.34-0.340.44-0.320.510.93-0.730.48-0.260.050.07
0.51-0.74-0.48-0.420.950.18-0.880.040.6-0.19-0.170.60.870.27-0.320.26-0.30.44-0.49-0.730.79-0.430.36-0.12-0.13
0.580.190.240.590.180.55-0.080.040.610.410.190.60.19-0.350.060.7-0.46-0.420.430.110.530.2-0.490.520.52
0.83-0.17-0.230.080.680.65-0.540.60.610.410.441.00.49-0.180.150.72-0.61-0.310.15-0.260.820.07-0.380.50.5
0.680.680.290.560.010.860.38-0.190.410.410.620.41-0.17-0.270.70.55-0.41-0.710.850.610.150.65-0.770.790.8
0.40.450.110.23-0.040.510.21-0.170.190.440.620.43-0.19-0.280.510.27-0.29-0.480.490.390.090.42-0.510.530.53
0.83-0.17-0.240.080.680.65-0.550.60.61.00.410.430.49-0.160.150.71-0.61-0.310.15-0.270.820.08-0.370.50.5
0.57-0.73-0.21-0.180.930.26-0.830.870.190.49-0.17-0.190.490.21-0.420.37-0.450.43-0.41-0.70.86-0.480.310.010.0
-0.09-0.38-0.31-0.050.22-0.35-0.370.27-0.35-0.18-0.27-0.28-0.160.210.05-0.250.060.210.0-0.38-0.130.180.21-0.16-0.19
0.310.54-0.260.12-0.210.350.34-0.320.060.150.70.510.15-0.420.050.3-0.12-0.610.750.39-0.190.81-0.630.540.54
0.81-0.05-0.050.290.470.76-0.340.260.70.720.550.270.710.37-0.250.3-0.87-0.580.4-0.170.690.08-0.680.80.8
-0.70.22-0.08-0.29-0.5-0.680.44-0.3-0.46-0.61-0.41-0.29-0.61-0.450.06-0.12-0.870.56-0.270.28-0.620.110.63-0.82-0.82
-0.34-0.55-0.27-0.570.28-0.55-0.320.44-0.42-0.31-0.71-0.48-0.310.430.21-0.61-0.580.56-0.79-0.430.08-0.540.98-0.86-0.86
0.40.760.340.75-0.310.560.51-0.490.430.150.850.490.15-0.410.00.750.4-0.27-0.790.66-0.160.85-0.820.740.74
-0.080.980.630.59-0.670.280.93-0.730.11-0.260.610.39-0.27-0.7-0.380.39-0.170.28-0.430.66-0.520.59-0.390.240.25
0.81-0.49-0.21-0.060.90.56-0.730.790.530.820.150.090.820.86-0.13-0.190.69-0.620.08-0.16-0.52-0.3-0.040.30.3
0.210.690.030.47-0.340.250.48-0.430.20.070.650.420.08-0.480.180.810.080.11-0.540.850.59-0.3-0.540.40.39
-0.47-0.52-0.26-0.60.17-0.66-0.260.36-0.49-0.38-0.77-0.51-0.370.310.21-0.63-0.680.630.98-0.82-0.39-0.04-0.54-0.92-0.93
0.690.340.270.570.120.810.05-0.120.520.50.790.530.50.01-0.160.540.8-0.82-0.860.740.240.30.4-0.921.0
0.690.350.280.570.110.810.07-0.130.520.50.80.530.50.0-0.190.540.8-0.82-0.860.740.250.30.39-0.931.0
Click cells to compare fundamentals

Natuzzi SpA Account Relationship Matchups

Natuzzi SpA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets369.4M356M390M368.6M338.3M367.5M
Short Long Term Debt Total99.9M100.8M110.7M98.4M102.5M107.6M
Other Current Liab49.7M51.8M54.2M52.8M65.4M68.6M
Total Current Liabilities152M177.7M198.7M180.8M154.7M141.4M
Total Stockholder Equity103.1M74.3M82.3M87.9M68.9M65.5M
Property Plant And Equipment Net157.2M134.3M133.8M127.3M135.0M161.3M
Net Debt60.2M52.6M57.3M43.9M68.9M72.3M
Retained Earnings31.1M6.4M10.0M9.5M(6.6M)(6.2M)
Accounts Payable47.4M74.3M89.2M78.4M48.6M83.3M
Cash39.8M48.2M53.5M54.5M33.6M60.8M
Non Current Assets Total212.5M183.9M189.6M177.6M188.6M185.5M
Non Currrent Assets Other7.4M5.2M6.2M7.4M9.7M8.6M
Cash And Short Term Investments39.8M48.2M53.5M54.5M33.6M59.4M
Net Receivables38.0M45.0M54.3M57.5M48.5M46.1M
Liabilities And Stockholders Equity369.4M356M390M368.6M338.3M367.5M
Non Current Liabilities Total112.6M103M107.5M95.2M110.4M65.3M
Inventory69.7M63.9M80.2M70.1M62.1M84.1M
Other Current Assets9.2M15.0M12.4M8.9M5.5M7.5M
Other Stockholder Equity(26K)(44K)(35K)42K37.8K35.9K
Total Liab264.6M280.7M306.2M276M265.1M206.8M
Property Plant And Equipment Gross418.7M377.3M391.9M401.9M424.1M445.3M
Total Current Assets156.9M172.1M200.4M191M149.7M230.1M
Accumulated Other Comprehensive Income17.1M13.0M17.4M23.3M20.4M21.5M
Short Term Debt39.8M48.4M50.6M45.9M37.4M24.7M
Intangible Assets2.0M1.8M2.2M2.3M2.2M2.1M
Other Liab52.5M103M107.5M42.8M49.2M73.1M
Other Assets7.9M183.9M189.6M2.5M2.9M2.7M
Long Term Debt14.1M9.3M13.6M11.5M12.2M9.9M
Property Plant Equipment157.2M134.3M133.8M127.3M114.5M172.4M
Current Deferred Revenue15.1M17.2M21.2M17.1M21.9M23.0M
Net Tangible Assets97.1M74.3M82.3M83.6M75.2M108.9M
Long Term Investments41.3M40.1M44.5M37.7M39.8M37.8M
Short Long Term Debt28.5M37.9M40.0M35.1M28.0M31.5M
Long Term Debt Total60.1M52.4M60.2M52.5M60.4M35.4M
Capital Lease Obligations57.4M53.6M57.1M51.8M62.3M65.4M

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