Nextnav Short Long Term Debt Total vs Accounts Payable Analysis

NN Stock  USD 7.67  0.07  0.92%   
Nextnav Acquisition financial indicator trend analysis is infinitely more than just investigating Nextnav Acquisition Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nextnav Acquisition Corp is a good investment. Please check the relationship between Nextnav Acquisition Short Long Term Debt Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nextnav Acquisition Corp Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nextnav Acquisition's Short Long Term Debt Total and Accounts Payable is -0.64. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nextnav Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Nextnav Acquisition's Short Long Term Debt Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Nextnav Acquisition Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt Total i.e., Nextnav Acquisition's Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents Nextnav Acquisition obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nextnav Acquisition Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Nextnav Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nextnav Acquisition Corp 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 Nextnav Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of the 31st of May 2024, Tax Provision is likely to grow to about 232.1 K, while Selling General Administrative is likely to drop about 25.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses24.8M57.7M49.8M36.2M
Cost Of Revenue18.4M11.8M17.6M13.5M

Nextnav Acquisition fundamental ratios Correlations

0.38-0.67-0.180.370.00.950.97-0.68-0.94-0.670.950.89-0.96-0.960.960.84-0.01-0.840.92-0.020.970.840.990.95-0.88
0.38-0.5-0.39-0.470.50.150.450.36-0.51-0.640.240.51-0.32-0.330.240.480.68-0.640.040.680.270.460.350.45-0.19
-0.67-0.50.80.32-0.65-0.55-0.670.30.820.54-0.6-0.590.680.67-0.62-0.53-0.630.64-0.41-0.63-0.65-0.53-0.68-0.740.7
-0.18-0.390.80.73-0.950.0-0.16-0.010.330.36-0.2-0.060.130.11-0.190.0-0.860.110.12-0.86-0.230.0-0.19-0.20.3
0.37-0.470.320.73-0.90.590.29-0.67-0.18-0.020.430.26-0.42-0.420.440.26-0.92-0.180.67-0.920.40.270.350.3-0.38
0.00.5-0.65-0.95-0.9-0.230.030.28-0.16-0.26-0.02-0.020.080.08-0.03-0.070.95-0.02-0.330.950.01-0.070.010.02-0.04
0.950.15-0.550.00.59-0.230.9-0.78-0.89-0.550.920.82-0.97-0.970.940.77-0.24-0.780.96-0.250.930.780.940.93-0.9
0.970.45-0.67-0.160.290.030.9-0.54-0.94-0.570.850.97-0.96-0.960.880.940.06-0.910.890.050.890.940.990.96-0.77
-0.680.360.3-0.01-0.670.28-0.78-0.540.50.37-0.82-0.350.650.62-0.81-0.30.470.23-0.810.48-0.8-0.3-0.67-0.530.8
-0.94-0.510.820.33-0.18-0.16-0.89-0.940.50.66-0.84-0.890.960.96-0.86-0.84-0.210.92-0.79-0.2-0.88-0.84-0.94-0.990.86
-0.67-0.640.540.36-0.02-0.26-0.55-0.570.370.66-0.76-0.440.570.54-0.73-0.34-0.270.53-0.44-0.27-0.74-0.32-0.59-0.610.74
0.950.24-0.6-0.20.43-0.020.920.85-0.82-0.84-0.760.7-0.88-0.861.00.63-0.09-0.650.89-0.11.00.620.920.84-0.95
0.890.51-0.59-0.060.26-0.020.820.97-0.35-0.89-0.440.7-0.9-0.910.740.990.07-0.950.810.070.750.990.920.92-0.61
-0.96-0.320.680.13-0.420.08-0.97-0.960.650.960.57-0.88-0.91.0-0.91-0.860.050.89-0.910.05-0.91-0.87-0.97-0.990.88
-0.96-0.330.670.11-0.420.08-0.97-0.960.620.960.54-0.86-0.911.0-0.89-0.880.050.9-0.910.05-0.89-0.89-0.97-0.990.85
0.960.24-0.62-0.190.44-0.030.940.88-0.81-0.86-0.731.00.74-0.91-0.890.67-0.1-0.690.91-0.11.00.670.940.87-0.94
0.840.48-0.530.00.26-0.070.770.94-0.3-0.84-0.340.630.99-0.86-0.880.670.04-0.930.780.040.681.00.870.88-0.53
-0.010.68-0.63-0.86-0.920.95-0.240.060.47-0.21-0.27-0.090.070.050.05-0.10.04-0.18-0.371.0-0.060.030.00.080.03
-0.84-0.640.640.11-0.18-0.02-0.78-0.910.230.920.53-0.65-0.950.890.9-0.69-0.93-0.18-0.7-0.17-0.7-0.93-0.84-0.940.63
0.920.04-0.410.120.67-0.330.960.89-0.81-0.79-0.440.890.81-0.91-0.910.910.78-0.37-0.7-0.380.90.780.930.84-0.8
-0.020.68-0.63-0.86-0.920.95-0.250.050.48-0.2-0.27-0.10.070.050.05-0.10.041.0-0.17-0.38-0.060.03-0.010.080.03
0.970.27-0.65-0.230.40.010.930.89-0.8-0.88-0.741.00.75-0.91-0.891.00.68-0.06-0.70.9-0.060.680.940.88-0.95
0.840.46-0.530.00.27-0.070.780.94-0.3-0.84-0.320.620.99-0.87-0.890.671.00.03-0.930.780.030.680.870.88-0.53
0.990.35-0.68-0.190.350.010.940.99-0.67-0.94-0.590.920.92-0.97-0.970.940.870.0-0.840.93-0.010.940.870.95-0.85
0.950.45-0.74-0.20.30.020.930.96-0.53-0.99-0.610.840.92-0.99-0.990.870.880.08-0.940.840.080.880.880.95-0.85
-0.88-0.190.70.3-0.38-0.04-0.9-0.770.80.860.74-0.95-0.610.880.85-0.94-0.530.030.63-0.80.03-0.95-0.53-0.85-0.85
Click cells to compare fundamentals

Nextnav Acquisition Account Relationship Matchups

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When determining whether Nextnav Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nextnav Acquisition's 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 Nextnav Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextnav Acquisition Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is Nextnav Acquisition's industry 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 Nextnav Acquisition. If investors know Nextnav 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 Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.79)
Revenue Per Share
0.037
Quarterly Revenue Growth
0.26
Return On Assets
(0.29)
Return On Equity
(1.16)
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition's 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 Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition's 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 Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition's 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.