NN Selling And Marketing Expenses vs Other Operating Expenses Analysis
| NNBR Stock | | | USD 2.03 0.02 0.98% |
NN financial indicator trend analysis is infinitely more than just investigating NN Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NN Inc is a good investment. Please check the relationship between NN Selling And Marketing Expenses and its Other Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Selling And Marketing Expenses vs Other Operating Expenses
Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NN Inc Selling And Marketing Expenses account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NN's Selling And Marketing Expenses and Other Operating Expenses is 0.58. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of NN Inc, assuming nothing else is changed. The correlation between historical values of NN's Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of NN Inc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., NN's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Selling And Marketing Expenses
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NN Inc. It is also known as NN overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from NN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NN 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, which includes a position in NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, NN's
Tax Provision is relatively stable compared to the past year. As of 06/05/2025,
Enterprise Value Over EBITDA is likely to grow to 17.12, while
Discontinued Operations is likely to drop slightly above 1
M.
NN fundamental ratios Correlations
Click cells to compare fundamentals
NN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NN fundamental ratios Accounts
Additional Tools for NN Stock Analysis
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