Nutanix Total Assets vs Book Value per Share Analysis

NTNX Stock  USD 61.06  2.16  3.42%   
Nutanix financial indicator trend analysis is infinitely more than just investigating Nutanix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutanix is a good investment. Please check the relationship between Nutanix Total Assets and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. 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.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Total Assets vs Book Value Per Share

Total Assets vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutanix Total Assets account and Book Value per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nutanix's Total Assets and Book Value per Share is -0.46. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Nutanix, assuming nothing else is changed. The correlation between historical values of Nutanix's Total Assets and Book Value per Share 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 Assets of Nutanix are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Total Assets i.e., Nutanix's Total Assets and Book Value per Share go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Nutanix assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nutanix books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Nutanix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutanix 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 Nutanix. 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.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.Selling General Administrative is likely to rise to about 280.4 M in 2024, whereas Tax Provision is likely to drop slightly above 12.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.8B
Total Revenue1.6B1.9B2.1B2.2B

Nutanix fundamental ratios Correlations

0.980.860.91-0.650.91-0.750.920.910.87-0.930.230.880.960.870.920.90.610.930.90.890.790.910.910.920.92
0.980.810.91-0.580.94-0.680.930.90.85-0.920.390.880.980.830.920.920.720.960.890.870.750.890.910.910.93
0.860.810.95-0.830.8-0.860.810.960.96-0.950.060.880.810.990.960.910.380.740.960.940.870.960.960.960.81
0.910.910.95-0.690.86-0.770.871.00.94-0.980.340.960.90.960.990.980.610.890.970.970.880.990.990.990.87
-0.65-0.58-0.83-0.69-0.710.96-0.66-0.69-0.860.790.23-0.5-0.63-0.85-0.73-0.610.01-0.48-0.79-0.79-0.5-0.69-0.76-0.76-0.66
0.910.940.80.86-0.71-0.80.940.850.86-0.890.340.770.960.840.890.850.660.890.90.840.660.830.90.890.94
-0.75-0.68-0.86-0.770.96-0.8-0.76-0.76-0.90.850.1-0.6-0.73-0.88-0.8-0.7-0.15-0.6-0.85-0.84-0.56-0.77-0.83-0.82-0.76
0.920.930.810.87-0.660.94-0.760.860.83-0.90.340.780.980.840.880.820.670.90.870.850.650.840.870.881.0
0.910.90.961.0-0.690.85-0.760.860.93-0.970.310.960.880.960.990.970.590.870.970.950.910.990.990.990.86
0.870.850.960.94-0.860.86-0.90.830.93-0.960.10.840.850.980.970.920.390.770.970.980.760.940.970.970.83
-0.93-0.92-0.95-0.980.79-0.890.85-0.9-0.97-0.96-0.22-0.9-0.92-0.97-0.98-0.94-0.52-0.87-0.97-0.98-0.81-0.96-0.98-0.98-0.9
0.230.390.060.340.230.340.10.340.310.1-0.220.380.370.130.290.370.840.540.220.230.230.240.260.280.34
0.880.880.880.96-0.50.77-0.60.780.960.84-0.90.380.840.850.940.970.670.860.910.880.940.970.930.930.78
0.960.980.810.9-0.630.96-0.730.980.880.85-0.920.370.840.840.90.880.710.930.890.870.70.870.90.90.98
0.870.830.990.96-0.850.84-0.880.840.960.98-0.970.130.850.840.970.910.420.780.970.960.810.950.970.970.84
0.920.920.960.99-0.730.89-0.80.880.990.97-0.980.290.940.90.970.980.590.870.990.970.850.981.01.00.88
0.90.920.910.98-0.610.85-0.70.820.970.92-0.940.370.970.880.910.980.650.870.960.930.880.980.970.970.82
0.610.720.380.610.010.66-0.150.670.590.39-0.520.840.670.710.420.590.650.790.530.460.530.550.560.560.67
0.930.960.740.89-0.480.89-0.60.90.870.77-0.870.540.860.930.780.870.870.790.820.830.720.840.850.860.9
0.90.890.960.97-0.790.9-0.850.870.970.97-0.970.220.910.890.970.990.960.530.820.960.840.971.00.990.87
0.890.870.940.97-0.790.84-0.840.850.950.98-0.980.230.880.870.960.970.930.460.830.960.760.960.970.980.85
0.790.750.870.88-0.50.66-0.560.650.910.76-0.810.230.940.70.810.850.880.530.720.840.760.910.860.850.65
0.910.890.960.99-0.690.83-0.770.840.990.94-0.960.240.970.870.950.980.980.550.840.970.960.910.980.980.84
0.910.910.960.99-0.760.9-0.830.870.990.97-0.980.260.930.90.971.00.970.560.851.00.970.860.981.00.87
0.920.910.960.99-0.760.89-0.820.880.990.97-0.980.280.930.90.971.00.970.560.860.990.980.850.981.00.88
0.920.930.810.87-0.660.94-0.761.00.860.83-0.90.340.780.980.840.880.820.670.90.870.850.650.840.870.88
Click cells to compare fundamentals

Nutanix Account Relationship Matchups

Nutanix fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding194.7M206.5M220.5M233.2M268.2M182.6M
Total Assets1.8B2.3B2.4B2.5B2.9B1.5B
Other Current Liab135.0M201.7M199.0M252.9M290.9M305.4M
Total Current Liabilities760.2M927.9M1.2B1.1B1.3B1.4B
Total Stockholder Equity(275.0M)(1.0B)(790.2M)(707.4M)(636.7M)(604.8M)
Other Liab676.3M1.2B759.7M801.4M921.6M532.6M
Net Tangible Assets(509.6M)(1.2B)(991.3M)(897.3M)(807.5M)(767.1M)
Property Plant And Equipment Net270.5M237.5M232.2M205.4M236.2M144.2M
Current Deferred Revenue534.6M636.4M721.0M823.7M947.2M994.6M
Net Debt324.8M899.2M1.0B803.7M924.3M970.5M
Retained Earnings(2.5B)(3.6B)(4.4B)(4.6B)(4.2B)(4.0B)
Accounts Payable54.0M47.1M44.9M29.9M34.4M54.0M
Cash318.7M285.7M402.9M512.9M589.9M619.4M
Non Current Assets Total674.5M715.2M707.8M665.2M765.0M427.2M
Non Currrent Assets Other169.4M260.4M274.5M269.9M310.4M325.9M
Other Assets169.4M260.4M274.5M269.9M310.4M325.9M
Cash And Short Term Investments719.8M1.2B1.3B1.4B1.7B1.7B
Net Receivables242.5M180.8M124.6M157.3M180.8M172.5M
Liabilities And Stockholders Equity1.8B2.3B2.4B2.5B2.9B1.5B
Non Current Liabilities Total1.3B2.4B2.0B2.1B2.4B2.5B
Inventory68.7M110.9M171.7M120.0M138.0M144.9M
Other Current Assets63.0M56.8M37.4M147.1M169.2M177.6M
Other Stockholder Equity2.2B2.6B3.6B3.9B4.5B4.7B
Total Liab2.0B3.3B3.2B3.2B3.7B3.9B
Deferred Long Term Liab146.8M232.5M252.2M238.0M273.7M287.4M
Property Plant And Equipment Gross270.5M237.5M232.2M205.4M236.2M144.2M
Total Current Assets1.1B1.6B1.7B1.9B2.1B1.1B
Accumulated Other Comprehensive Income2.0M(8K)(6.1M)(5.2M)(5.9M)(5.6M)
Short Term Debt36.6M42.7M185.3M29.6M34.0M32.3M
Property Plant Equipment270.5M237.5M232.2M205.4M236.2M144.2M
Short Term Investments401.0M928.0M921.4M924.5M1.1B573.8M
Short Long Term Debt Total643.6M1.2B1.4B1.3B1.5B870.3M
Long Term Debt490.2M1.1B1.2B1.2B1.4B1.5B
Non Current Liabilities Other27.4M42.7M35.2M39.8M45.7M29.4M
Good Will87.8M185.2M185.3M184.9M212.7M161.9M
Retained Earnings Total Equity(1.0B)(1.6B)(2.5B)(4.4B)(3.9B)(3.7B)
Capital Surpluse1.4B1.8B2.2B3.6B4.1B2.2B

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When determining whether Nutanix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutanix'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 Nutanix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutanix Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutanix. 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.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Nutanix's price analysis, check to measure Nutanix'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 Nutanix is operating at the current time. Most of Nutanix's value examination focuses on studying past and present price action to predict the probability of Nutanix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutanix's price. Additionally, you may evaluate how the addition of Nutanix to your portfolios can decrease your overall portfolio volatility.
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Is Nutanix'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 Nutanix. If investors know Nutanix 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 Nutanix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
8.432
Quarterly Revenue Growth
0.162
Return On Assets
(0.02)
The market value of Nutanix is measured differently than its book value, which is the value of Nutanix that is recorded on the company's balance sheet. Investors also form their own opinion of Nutanix's value that differs from its market value or its book value, called intrinsic value, which is Nutanix'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 Nutanix's market value can be influenced by many factors that don't directly affect Nutanix'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 Nutanix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutanix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutanix'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.