Connexa Net Tangible Assets vs Net Debt Analysis

YYAI Stock

1.32 0.01 0.76%

Connexa Sports financial indicator trend analysis is way more than just evaluating Connexa Sports Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Connexa Sports Techn is a good investment. Please check the relationship between Connexa Sports Net Tangible Assets and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Net Debt

Net Tangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Connexa Sports Techn Net Tangible Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Connexa Sports' Net Tangible Assets and Net Debt is 0.27. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Connexa Sports Technologies, assuming nothing else is changed. The correlation between historical values of Connexa Sports' Net Tangible Assets and Net Debt 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 Tangible Assets of Connexa Sports Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., Connexa Sports' Net Tangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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.

Most indicators from Connexa Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Connexa Sports Techn 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of now, Connexa Sports' Selling General Administrative is increasing as compared to previous years. The Connexa Sports' current Issuance Of Capital Stock is estimated to increase to about 21.7 M, while Discontinued Operations is forecasted to increase to (39.2 M).

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	11.6M	115.1K	132.3K	125.7K
Cost Of Revenue	12.9M	5.0M	5.8M	7.1M

Reconciled Depreciation Cost Of Revenue

Connexa Sports fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Intangible Assets	Net Tangible Assets	Non Currrent Assets Other	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		0.91	0.81	0.77	0.92	-0.5	0.6	0.29	0.69	0.82	0.59	0.93	-0.19	0.64	0.84	0.93	0.34	0.97	0.55	0.91	0.31	0.91	0.9	0.92	-0.23	-0.48
Short Long Term Debt Total	0.91		0.91	0.52	1.0	-0.4	0.78	0.12	0.8	0.92	0.46	0.99	0.19	0.8	0.83	0.9	0.4	0.96	0.42	0.89	0.25	0.89	0.73	0.98	0.15	-0.71
Total Current Liabilities	0.81	0.91		0.28	0.9	-0.62	0.86	0.23	0.7	1.0	0.55	0.89	0.25	0.97	0.72	0.72	0.3	0.81	0.58	0.71	-0.09	0.71	0.5	0.89	0.2	-0.74
Total Stockholder Equity	0.77	0.52	0.28		0.54	-0.26	0.1	0.39	0.3	0.29	0.51	0.57	-0.63	0.05	0.55	0.71	0.17	0.72	0.42	0.68	0.5	0.69	0.97	0.58	-0.66	0.09
Net Debt	0.92	1.0	0.9	0.54		-0.4	0.75	0.11	0.82	0.91	0.45	0.99	0.17	0.79	0.85	0.91	0.39	0.97	0.42	0.91	0.27	0.9	0.74	0.98	0.13	-0.7
Retained Earnings	-0.5	-0.4	-0.62	-0.26	-0.4		-0.38	-0.79	-0.25	-0.61	-0.89	-0.38	0.17	-0.57	-0.19	-0.2	0.37	-0.39	-0.97	-0.14	0.59	-0.15	-0.33	-0.41	0.23	0.01
Cash	0.6	0.78	0.86	0.1	0.75	-0.38		0.19	0.38	0.84	0.46	0.81	0.46	0.86	0.43	0.51	0.36	0.59	0.35	0.51	-0.19	0.49	0.31	0.81	0.42	-0.65
Cash And Short Term Investments	0.29	0.12	0.23	0.39	0.11	-0.79	0.19		-0.21	0.21	0.93	0.15	-0.35	0.15	-0.2	-0.05	-0.53	0.15	0.88	-0.11	-0.58	-0.11	0.35	0.21	-0.4	0.48
Non Current Liabilities Total	0.69	0.8	0.7	0.3	0.82	-0.25	0.38	-0.21		0.74	0.11	0.72	0.27	0.62	0.84	0.77	0.26	0.8	0.21	0.78	0.35	0.78	0.48	0.69	0.25	-0.75
Total Liab	0.82	0.92	1.0	0.29	0.91	-0.61	0.84	0.21	0.74		0.54	0.9	0.25	0.96	0.74	0.74	0.3	0.83	0.57	0.73	-0.06	0.73	0.51	0.9	0.21	-0.75
Total Current Assets	0.59	0.46	0.55	0.51	0.45	-0.89	0.46	0.93	0.11	0.54		0.48	-0.26	0.45	0.13	0.27	-0.32	0.47	0.95	0.21	-0.46	0.22	0.55	0.54	-0.32	0.15
Short Term Debt	0.93	0.99	0.89	0.57	0.99	-0.38	0.81	0.15	0.72	0.9	0.48		0.14	0.78	0.81	0.9	0.44	0.95	0.41	0.9	0.26	0.89	0.76	0.99	0.1	-0.67
Common Stock	-0.19	0.19	0.25	-0.63	0.17	0.17	0.46	-0.35	0.27	0.25	-0.26	0.14		0.36	-0.1	-0.14	0.01	-0.07	-0.29	-0.09	-0.28	-0.11	-0.45	0.12	1.0	-0.5
Other Current Liab	0.64	0.8	0.97	0.05	0.79	-0.57	0.86	0.15	0.62	0.96	0.45	0.78	0.36		0.62	0.57	0.3	0.65	0.5	0.56	-0.21	0.56	0.28	0.79	0.32	-0.79
Property Plant And Equipment Net	0.84	0.83	0.72	0.55	0.85	-0.19	0.43	-0.2	0.84	0.74	0.13	0.81	-0.1	0.62		0.96	0.6	0.89	0.19	0.96	0.58	0.96	0.7	0.78	-0.11	-0.75
Non Current Assets Total	0.93	0.9	0.72	0.71	0.91	-0.2	0.51	-0.05	0.77	0.74	0.27	0.9	-0.14	0.57	0.96		0.56	0.97	0.25	1.0	0.59	1.0	0.85	0.88	-0.16	-0.63
Common Stock Shares Outstanding	0.34	0.4	0.3	0.17	0.39	0.37	0.36	-0.53	0.26	0.3	-0.32	0.44	0.01	0.3	0.6	0.56		0.39	-0.37	0.58	0.6	0.58	0.26	0.4	0.04	-0.62
Other Current Assets	0.97	0.96	0.81	0.72	0.97	-0.39	0.59	0.15	0.8	0.83	0.47	0.95	-0.07	0.65	0.89	0.97	0.39		0.44	0.95	0.4	0.95	0.87	0.94	-0.1	-0.58
Other Stockholder Equity	0.55	0.42	0.58	0.42	0.42	-0.97	0.35	0.88	0.21	0.57	0.95	0.41	-0.29	0.5	0.19	0.25	-0.37	0.44		0.19	-0.5	0.2	0.46	0.46	-0.35	0.08
Intangible Assets	0.91	0.89	0.71	0.68	0.91	-0.14	0.51	-0.11	0.78	0.73	0.21	0.9	-0.09	0.56	0.96	1.0	0.58	0.95	0.19		0.62	1.0	0.82	0.87	-0.11	-0.66
Net Tangible Assets	0.31	0.25	-0.09	0.5	0.27	0.59	-0.19	-0.58	0.35	-0.06	-0.46	0.26	-0.28	-0.21	0.58	0.59	0.6	0.4	-0.5	0.62		0.62	0.48	0.22	-0.24	-0.26
Non Currrent Assets Other	0.91	0.89	0.71	0.69	0.9	-0.15	0.49	-0.11	0.78	0.73	0.22	0.89	-0.11	0.56	0.96	1.0	0.58	0.95	0.2	1.0	0.62		0.82	0.86	-0.13	-0.66
Net Invested Capital	0.9	0.73	0.5	0.97	0.74	-0.33	0.31	0.35	0.48	0.51	0.55	0.76	-0.45	0.28	0.7	0.85	0.26	0.87	0.46	0.82	0.48	0.82		0.76	-0.48	-0.14
Short Long Term Debt	0.92	0.98	0.89	0.58	0.98	-0.41	0.81	0.21	0.69	0.9	0.54	0.99	0.12	0.79	0.78	0.88	0.4	0.94	0.46	0.87	0.22	0.86	0.76		0.08	-0.63
Capital Stock	-0.23	0.15	0.2	-0.66	0.13	0.23	0.42	-0.4	0.25	0.21	-0.32	0.1	1.0	0.32	-0.11	-0.16	0.04	-0.1	-0.35	-0.11	-0.24	-0.13	-0.48	0.08		-0.5
Net Working Capital	-0.48	-0.71	-0.74	0.09	-0.7	0.01	-0.65	0.48	-0.75	-0.75	0.15	-0.67	-0.5	-0.79	-0.75	-0.63	-0.62	-0.58	0.08	-0.66	-0.26	-0.66	-0.14	-0.63	-0.5

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Connexa Sports Account Relationship Matchups

Connexa Sports fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.7M	74.9M	7.1M	21.6M	24.9M	13.5M
Short Long Term Debt Total	6.2M	17.0M	3.4M	2.7M	3.1M	4.1M
Total Current Liabilities	24.1M	39.0M	23.8M	12.0M	13.8M	12.6M
Total Stockholder Equity	(18.5M)	32.5M	(18.6M)	9.6M	11.0M	11.6M
Net Debt	5.2M	16.3M	3.2M	2.5M	2.9M	3.8M
Retained Earnings	(28.8M)	(80.6M)	(151.8M)	(167.4M)	(150.6M)	(143.1M)
Cash	928.8K	665.0K	202.1K	229.7K	264.2K	262.7K
Cash And Short Term Investments	928.8K	665.0K	202.1K	16.7M	19.2M	20.2M
Liabilities And Stockholders Equity	5.7M	74.9M	7.1M	21.6M	24.9M	13.5M
Non Current Liabilities Total	10.1K	1.9M	10.5K	3.4M	2.0M	0.0
Total Liab	24.1M	42.4M	25.7M	12.0M	13.8M	13.5M
Total Current Assets	5.6M	12.8M	5.0M	19.6M	22.6M	23.7M
Short Term Debt	6.1M	15.2M	1.5M	2.7M	3.1M	3.4M
Common Stock	27.6K	4.2K	13.5K	1.8K	2.1K	2.0K
Other Current Liab	16.9M	18.4M	16.8M	4.6M	5.3M	7.9M
Non Current Assets Total	112.9K	62.0M	2.1M	2.0M	2.3M	2.2M
Common Stock Shares Outstanding	3.3M	4.8M	1.4M	482.0K	433.8K	412.1K
Other Current Assets	200.2K	2.5M	263.0K	395.7K	455.1K	518.8K
Other Stockholder Equity	10.4M	113.0M	133.0M	176.8M	203.3M	213.5M
Net Tangible Assets	(5.0M)	(18.6M)	20.9M	(18.7M)	(16.8M)	(16.0M)
Net Invested Capital	(12.3M)	49.5M	(15.2M)	12.3M	14.2M	14.9M
Short Long Term Debt	6.1M	15.0M	1.5M	2.7M	3.1M	5.0M
Capital Stock	27.6K	4.2K	13.5K	1.8K	1.6K	1.6K
Net Working Capital	(18.6M)	(26.2M)	(18.8M)	7.6M	6.8M	7.2M
Accounts Payable	1.0M	5.3M	5.5M	4.7M	5.4M	3.8M
Net Receivables	762.5K	1.3M	399.7K	273.9K	315.0K	595.1K
Inventory	3.7M	8.4M	4.1M	2.4M	2.8M	4.3M
Accumulated Other Comprehensive Income	(20.2K)	55.0K	142.5K	183.5K	211.1K	221.6K

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When determining whether Connexa Sports Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connexa Sports' 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 Connexa Sports Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connexa Sports Technologies Stock:

How To Invest In Connexa

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Is Connexa Stock a good investment?

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What is Connexa Sports' Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(43.42)

Revenue Per Share

16.184

Quarterly Revenue Growth

0.289

Return On Assets

(0.57)

The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' 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 Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.

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Connexa Net Tangible Assets vs Net Debt Analysis

Net Tangible Assets vs Net Debt

Net Tangible Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Debt

Connexa Sports fundamental ratios Correlations

Connexa Sports Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Connexa Sports fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Common Stock
Intangible Assets	+ 1.0	Non Current Assets Total
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Non Currrent Assets Other	+ 1.0	Intangible Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Total Current Assets	- 0.89	Retained Earnings
Net Working Capital	- 0.79	Other Current Liab
Cash And Short Term Investments	- 0.79	Retained Earnings
Net Working Capital	- 0.75	Property Plant And Equipment Net
Net Working Capital	- 0.75	Total Liab