VYX Stock | | | 14.39 0.42 3.01% |
NCR Voyix financial indicator trend analysis is infinitely more than just investigating NCR Voyix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCR Voyix is a good investment. Please check the relationship between NCR Voyix Net Working Capital and its Long Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in NCR Voyix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy NCR Stock please use our
How to Invest in NCR Voyix guide.
Net Working Capital vs Long Term Debt
Net Working Capital vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NCR Voyix Net Working Capital account and
Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NCR Voyix's Net Working Capital and Long Term Debt is -0.38. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of NCR Voyix, assuming nothing else is changed. The correlation between historical values of NCR Voyix's Net Working Capital and Long 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 Net Working Capital of NCR Voyix are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Working Capital i.e., NCR Voyix's Net Working Capital and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Long Term Debt
Long-term debt is a debt that NCR Voyix has held for over one year. Long-term debt appears on NCR Voyix balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on NCR Voyix balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from NCR Voyix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCR Voyix 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
World Market Map to better understand how to build diversified portfolios, which includes a position in NCR Voyix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy NCR Stock please use our
How to Invest in NCR Voyix guide.At this time, NCR Voyix's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 390.6
M in 2024, whereas
Discontinued Operations is likely to drop (4.8
M) in 2024.
NCR Voyix fundamental ratios Correlations
Click cells to compare fundamentals
NCR Voyix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NCR Voyix fundamental ratios Accounts
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Additional Tools for NCR Stock Analysis
When running NCR Voyix's price analysis, check to
measure NCR Voyix'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 NCR Voyix is operating at the current time. Most of NCR Voyix's value examination focuses on studying past and present price action to
predict the probability of NCR Voyix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCR Voyix's price. Additionally, you may evaluate how the addition of NCR Voyix to your portfolios can decrease your overall portfolio volatility.