Nu Holdings Other Current Liab vs Cash And Short Term Investments Analysis

NU Stock

USD 12.14 0.43 3.67%

Nu Holdings financial indicator trend analysis is infinitely more than just investigating Nu Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Holdings is a good investment. Please check the relationship between Nu Holdings Other Current Liab and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Nu Holdings Stock please use our How to Invest in Nu Holdings guide.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nu Holdings Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Nu Holdings' Other Current Liab and Cash And Short Term Investments is -0.31. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nu Holdings, assuming nothing else is changed. The correlation between historical values of Nu Holdings' Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Nu Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Nu Holdings' Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nu Holdings balance sheet. This account contains Nu Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nu Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Nu Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Holdings 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 Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Nu Holdings Stock please use our How to Invest in Nu Holdings guide.At this time, Nu Holdings' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 48.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 646.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	1.0B	3.6B	5.6B	5.9B
Net Interest Income	679.4M	2.0B	3.7B	3.9B

Interest Income Net Interest Income

Nu Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.95	0.06	-0.43	0.98	0.98	0.97	0.98	-0.9	0.87	0.92	0.87	0.89	-0.95	0.91	0.96	0.89	0.99	0.01	0.77	0.95	0.96	-0.98	0.86	1.0	0.99
Short Long Term Debt Total	0.95		0.16	-0.58	0.88	0.94	0.85	0.97	-0.77	0.97	0.83	0.75	0.9	-0.97	0.85	1.0	0.78	0.98	-0.02	0.72	0.97	0.84	-0.87	0.67	0.95	0.91
Other Current Liab	0.06	0.16		0.18	0.09	-0.07	0.05	0.01	0.36	0.34	-0.08	-0.37	0.47	-0.03	-0.28	0.07	-0.31	0.09	0.25	-0.36	0.0	0.05	0.06	-0.08	0.05	0.09
Total Current Liabilities	-0.43	-0.58	0.18		-0.35	-0.55	-0.31	-0.48	0.39	-0.58	-0.34	-0.39	-0.22	0.69	-0.63	-0.59	-0.41	-0.52	-0.4	-0.31	-0.67	-0.3	0.29	-0.17	-0.44	-0.38
Total Stockholder Equity	0.98	0.88	0.09	-0.35		0.96	1.0	0.93	-0.89	0.8	0.91	0.86	0.86	-0.9	0.89	0.9	0.87	0.96	0.12	0.68	0.9	1.0	-0.97	0.92	0.97	1.0
Other Liab	0.98	0.94	-0.07	-0.55	0.96		0.95	0.97	-0.93	0.85	0.91	0.9	0.81	-0.97	0.97	0.96	0.91	0.98	0.06	0.79	0.98	0.94	-0.96	0.84	0.99	0.97
Net Tangible Assets	0.97	0.85	0.05	-0.31	1.0	0.95		0.9	-0.9	0.75	0.91	0.87	0.83	-0.87	0.89	0.86	0.87	0.93	0.13	0.68	0.88	1.0	-0.97	0.94	0.95	0.99
Property Plant And Equipment Net	0.98	0.97	0.01	-0.48	0.93	0.97	0.9		-0.88	0.9	0.9	0.85	0.87	-0.95	0.9	0.99	0.87	0.99	-0.12	0.82	0.96	0.9	-0.95	0.77	0.98	0.95
Net Debt	-0.9	-0.77	0.36	0.39	-0.89	-0.93	-0.9	-0.88		-0.62	-0.91	-0.98	-0.62	0.84	-0.95	-0.82	-0.97	-0.87	0.06	-0.87	-0.85	-0.9	0.95	-0.88	-0.9	-0.89
Retained Earnings	0.87	0.97	0.34	-0.58	0.8	0.85	0.75	0.9	-0.62		0.72	0.59	0.91	-0.92	0.72	0.95	0.64	0.92	0.04	0.59	0.92	0.75	-0.76	0.55	0.88	0.83
Accounts Payable	0.92	0.83	-0.08	-0.34	0.91	0.91	0.91	0.9	-0.91	0.72		0.95	0.76	-0.86	0.87	0.85	0.97	0.89	0.0	0.87	0.85	0.91	-0.95	0.92	0.92	0.91
Cash	0.87	0.75	-0.37	-0.39	0.86	0.9	0.87	0.85	-0.98	0.59	0.95		0.59	-0.82	0.93	0.79	1.0	0.84	-0.04	0.9	0.83	0.87	-0.93	0.9	0.87	0.86
Non Current Assets Total	0.89	0.9	0.47	-0.22	0.86	0.81	0.83	0.87	-0.62	0.91	0.76	0.59		-0.81	0.63	0.87	0.63	0.89	-0.05	0.58	0.81	0.83	-0.83	0.67	0.89	0.87
Non Currrent Assets Other	-0.95	-0.97	-0.03	0.69	-0.9	-0.97	-0.87	-0.95	0.84	-0.92	-0.86	-0.82	-0.81		-0.93	-0.98	-0.85	-0.98	-0.14	-0.73	-1.0	-0.86	0.88	-0.74	-0.95	-0.92
Other Assets	0.91	0.85	-0.28	-0.63	0.89	0.97	0.89	0.9	-0.95	0.72	0.87	0.93	0.63	-0.93		0.89	0.93	0.91	0.13	0.77	0.94	0.89	-0.9	0.83	0.91	0.9
Long Term Debt	0.96	1.0	0.07	-0.59	0.9	0.96	0.86	0.99	-0.82	0.95	0.85	0.79	0.87	-0.98	0.89		0.82	0.98	-0.03	0.75	0.98	0.86	-0.89	0.71	0.96	0.92
Cash And Short Term Investments	0.89	0.78	-0.31	-0.41	0.87	0.91	0.87	0.87	-0.97	0.64	0.97	1.0	0.63	-0.85	0.93	0.82		0.86	-0.02	0.91	0.85	0.87	-0.93	0.9	0.89	0.87
Net Receivables	0.99	0.98	0.09	-0.52	0.96	0.98	0.93	0.99	-0.87	0.92	0.89	0.84	0.89	-0.98	0.91	0.98	0.86		0.03	0.75	0.98	0.93	-0.94	0.8	0.99	0.97
Common Stock Shares Outstanding	0.01	-0.02	0.25	-0.4	0.12	0.06	0.13	-0.12	0.06	0.04	0.0	-0.04	-0.05	-0.14	0.13	-0.03	-0.02	0.03		-0.37	0.1	0.13	0.07	0.17	-0.01	0.11
Long Term Debt Total	0.77	0.72	-0.36	-0.31	0.68	0.79	0.68	0.82	-0.87	0.59	0.87	0.9	0.58	-0.73	0.77	0.75	0.91	0.75	-0.37		0.74	0.68	-0.83	0.68	0.78	0.7
Non Current Liabilities Total	0.95	0.97	0.0	-0.67	0.9	0.98	0.88	0.96	-0.85	0.92	0.85	0.83	0.81	-1.0	0.94	0.98	0.85	0.98	0.1	0.74		0.87	-0.89	0.74	0.96	0.93
Capital Surpluse	0.96	0.84	0.05	-0.3	1.0	0.94	1.0	0.9	-0.9	0.75	0.91	0.87	0.83	-0.86	0.89	0.86	0.87	0.93	0.13	0.68	0.87		-0.97	0.95	0.95	0.99
Other Current Assets	-0.98	-0.87	0.06	0.29	-0.97	-0.96	-0.97	-0.95	0.95	-0.76	-0.95	-0.93	-0.83	0.88	-0.9	-0.89	-0.93	-0.94	0.07	-0.83	-0.89	-0.97		-0.92	-0.97	-0.97
Other Stockholder Equity	0.86	0.67	-0.08	-0.17	0.92	0.84	0.94	0.77	-0.88	0.55	0.92	0.9	0.67	-0.74	0.83	0.71	0.9	0.8	0.17	0.68	0.74	0.95	-0.92		0.84	0.9
Total Liab	1.0	0.95	0.05	-0.44	0.97	0.99	0.95	0.98	-0.9	0.88	0.92	0.87	0.89	-0.95	0.91	0.96	0.89	0.99	-0.01	0.78	0.96	0.95	-0.97	0.84		0.98
Net Invested Capital	0.99	0.91	0.09	-0.38	1.0	0.97	0.99	0.95	-0.89	0.83	0.91	0.86	0.87	-0.92	0.9	0.92	0.87	0.97	0.11	0.7	0.93	0.99	-0.97	0.9	0.98

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Nu Holdings Account Relationship Matchups

Nu Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	10.2B	19.9B	29.9B	43.3B	45.5B
Short Long Term Debt Total	322.0M	189.2M	164.9M	605.9M	1.4B	1.5B
Other Current Liab	(3.0B)	(3.3B)	(38.3M)	(7.1B)	(210.5M)	(221.0M)
Total Current Liabilities	3.0B	3.3B	4.9B	62.1M	113.6M	107.9M
Total Stockholder Equity	612.3M	438.1M	4.4B	4.9B	6.4B	6.7B
Other Liab	108.3M	127.4M	251.3M	719.2M	827.1M	868.4M
Net Tangible Assets	611.1M	424.9M	4.0B	4.3B	5.0B	5.2B
Property Plant And Equipment Net	25.9M	20.5M	20.5M	46.5M	69.8M	73.2M
Net Debt	(1.1B)	(2.3B)	(2.4B)	(6.3B)	(4.5B)	(4.3B)
Retained Earnings	28.2M	(102.4M)	(128.4M)	64.6M	1.3B	1.3B
Accounts Payable	3.0B	3.3B	4.9B	7.1B	9.8B	5.4B
Cash	1.4B	2.5B	2.5B	7.0B	5.9B	3.6B
Non Current Assets Total	2.3B	4.3B	9.5B	626.1M	18.6B	19.6B
Non Currrent Assets Other	(94.2M)	(125.1M)	(360.8M)	(11.3B)	(18.2B)	(17.3B)
Other Assets	220.4M	423.4M	3.0B	25.1B	18.8B	19.7B
Long Term Debt	303.3M	177.2M	157.3M	585.6M	1.0B	1.1B
Cash And Short Term Investments	1.4B	2.5B	2.5B	7.0B	6.9B	3.8B
Net Receivables	2.8B	2.9B	4.9B	9.0B	14.3B	15.0B
Long Term Debt Total	322.0M	517.6M	164.9M	567.6M	652.7M	371.3M
Liabilities And Stockholders Equity	6.8B	10.2B	19.9B	29.9B	43.3B	45.5B
Non Current Liabilities Total	343.9M	223.9M	224.9M	25.0B	36.9B	38.7B
Capital Surpluse	631.2M	638.0M	4.7B	5.0B	5.7B	6.0B
Other Current Assets	(4.3B)	(7.2B)	(12.8B)	(17.9B)	(21.1B)	(20.1B)
Other Stockholder Equity	631.2M	638.0M	4.7B	5.0B	5.0B	3.0B
Total Liab	6.1B	9.7B	15.4B	25.0B	36.9B	38.8B
Net Invested Capital	915.6M	615.3M	4.6B	5.5B	7.5B	7.9B
Long Term Investments	2.3B	4.3B	9.0B	10.5B	9.4B	6.6B
Total Current Assets	4.2B	5.4B	7.4B	4.2B	5.9B	5.3B
Accumulated Other Comprehensive Income	(47.2M)	(97.5M)	(109.2M)	(137.7M)	156.4M	164.3M
Cash And Equivalents	15.4M	9.3M	2.8M	1.2M	1.1M	1.0M
Short Term Debt	101.5M	136.6M	7.6M	20.4M	324.0M	162.5M
Intangible Assets	1.1M	12.4M	72.3M	182.2M	295.9M	310.7M
Property Plant Equipment	25.9M	20.5M	20.5M	46.5M	53.4M	56.1M

Pair Trading with Nu Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nu Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nu Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nu Holdings Stock

0.72	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.81	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.78	KB	KB Financial Group	Pair Corr

Moving against Nu Holdings Stock

0.77	EGBN	Eagle Bancorp Financial Report 24th of July 2024	Pair Corr
0.73	EBTC	Enterprise Bancorp	Pair Corr
0.72	VBFC	Village Bank Normal Trading	Pair Corr
0.66	EBMT	Eagle Bancorp Montana Financial Report 23rd of July 2024	Pair Corr
0.58	EFSC	Enterprise Financial Financial Report 22nd of July 2024	Pair Corr

The ability to find closely correlated positions to Nu Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nu Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nu Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nu Holdings to buy it.

The correlation of Nu Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nu Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nu Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nu Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nu Holdings Stock Analysis

When running Nu Holdings' price analysis, check to measure Nu Holdings' 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 Nu Holdings is operating at the current time. Most of Nu Holdings' value examination focuses on studying past and present price action to predict the probability of Nu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nu Holdings' price. Additionally, you may evaluate how the addition of Nu Holdings to your portfolios can decrease your overall portfolio volatility.

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