Nasdaq Total Current Assets vs Short Term Debt Analysis
Nasdaq financial indicator trend analysis is infinitely more than just investigating Nasdaq Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nasdaq Inc is a good investment. Please check the relationship between Nasdaq Total Current Assets and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Assets vs Short Term Debt
Total Current Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nasdaq Inc Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nasdaq's Total Current Assets and Short Term Debt is 0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Nasdaq Inc, assuming nothing else is changed. The correlation between historical values of Nasdaq's Total Current Assets and Short Term 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 Total Current Assets of Nasdaq Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., Nasdaq's Total Current Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Debt
Most indicators from Nasdaq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nasdaq 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Nasdaq's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/28/2024, Enterprise Value Multiple is likely to grow to 28.95, while Sales General And Administrative To Revenue is likely to drop 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.5B | 2.6B | 4.9B | 5.1B | Total Revenue | 5.9B | 6.2B | 6.1B | 3.2B |
Nasdaq fundamental ratios Correlations
Click cells to compare fundamentals
Nasdaq Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nasdaq fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 18.0B | 20.1B | 20.9B | 32.3B | 33.9B | |
Total Stockholder Equity | 5.6B | 6.4B | 6.4B | 6.2B | 10.8B | 11.4B | |
Net Debt | 3.4B | 3.2B | 5.8B | 5.3B | 10.4B | 10.9B | |
Cash | 332M | 2.7B | 393M | 502M | 473M | 515.9M | |
Cash And Short Term Investments | 813M | 623M | 2.9B | 683M | 661M | 783.6M | |
Common Stock Shares Outstanding | 500.9M | 500.7M | 505.1M | 497.9M | 508.4M | 494.9M | |
Liabilities And Stockholders Equity | 13.9B | 18.0B | 20.1B | 20.9B | 32.3B | 33.9B | |
Total Current Assets | 4.3B | 7.7B | 7.4B | 8.6B | 9.1B | 9.6B | |
Short Long Term Debt Total | 3.7B | 5.9B | 6.2B | 5.9B | 10.9B | 11.4B | |
Other Current Liab | 3.5B | 4.1B | 6.3B | 7.6B | 7.8B | 8.2B | |
Total Current Liabilities | 4.2B | 4.9B | 7.9B | 8.8B | 9.0B | 9.5B | |
Other Liab | 731M | 689M | 640M | 682M | 784.3M | 1.3B | |
Property Plant And Equipment Net | 730M | 856M | 875M | 976M | 978M | 1.0B | |
Retained Earnings | 5.0B | 5.6B | 6.5B | 7.2B | 7.8B | 8.2B | |
Accounts Payable | 177M | 198M | 148M | 185M | 332M | 178.3M | |
Non Current Assets Total | 9.6B | 10.3B | 12.7B | 12.3B | 23.2B | 24.4B | |
Non Currrent Assets Other | 289M | 358M | 571M | 608M | 665M | 698.3M | |
Other Assets | 84M | 739M | 571M | 132M | 7M | 6.7M | |
Long Term Debt | 3.0B | 5.5B | 4.8B | 4.7B | 10.2B | 10.7B | |
Net Receivables | 422M | 566M | 588M | 677M | 929M | 975.5M | |
Short Term Investments | 291M | 195M | 208M | 181M | 188M | 228.9M | |
Non Current Liabilities Total | 4.1B | 6.6B | 5.8B | 5.9B | 12.4B | 13.1B | |
Inventory | 3.0B | 4.0B | 5.9B | 7.0B | (20M) | (19M) | |
Other Current Assets | 219M | 175M | 294M | 201M | (1.6B) | (1.5B) | |
Other Stockholder Equity | 2.3B | 2.2B | 1.5B | 930M | 4.9B | 5.2B | |
Total Liab | 8.3B | 11.5B | 13.7B | 14.7B | 21.5B | 22.5B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.4B) | (1.6B) | (2.0B) | (1.9B) | (1.8B) | |
Short Term Debt | 391M | 451M | 1.0B | 664M | 291M | 277.6M | |
Intangible Assets | 2.2B | 2.3B | 2.8B | 2.6B | 7.4B | 7.8B | |
Property Plant Equipment | 384M | 475M | 875M | 532M | 611.8M | 331.8M | |
Current Deferred Revenue | 211M | 235M | 329M | 357M | 594M | 623.7M | |
Property Plant And Equipment Gross | 730M | 856M | 875M | 976M | 1.6B | 1.7B | |
Treasury Stock | (297M) | (336M) | (376M) | (437M) | (502.6M) | (527.7M) | |
Good Will | 6.4B | 6.9B | 8.4B | 8.1B | 14.1B | 14.8B | |
Net Tangible Assets | (3.0B) | (2.7B) | (4.9B) | (4.5B) | (4.1B) | (4.3B) | |
Retained Earnings Total Equity | 5.0B | 5.6B | 6.5B | 7.2B | 8.3B | 4.5B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nasdaq Inc information on this page should be used as a complementary analysis to other Nasdaq's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Tools for Nasdaq Stock
When running Nasdaq's price analysis, check to measure Nasdaq'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 Nasdaq is operating at the current time. Most of Nasdaq's value examination focuses on studying past and present price action to predict the probability of Nasdaq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nasdaq's price. Additionally, you may evaluate how the addition of Nasdaq to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
CEOs Directory Screen CEOs from public companies around the world | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |