Nova Net Working Capital from 2010 to 2024

NOVV Stock  USD 37.00  0.00  0.00%   
Nova Vision Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Nova Vision Net Working Capital regression line of quarterly data had r-squared of  0.46 and coefficient of variation of  300.08. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-2.2 M
Current Value
-2.1 M
Quarterly Volatility
1.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Vision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Vision's main balance sheet or income statement drivers, such as Depreciation And Amortization of 537.2 K, Interest Expense of 1.5 M or Selling General Administrative of 537.2 K, as well as many indicators such as Price To Sales Ratio of 86.99, Dividend Yield of 0.0 or PTB Ratio of 1.9. Nova financial statements analysis is a perfect complement when working with Nova Vision Valuation or Volatility modules.
  
Check out the analysis of Nova Vision Correlation against competitors.

Latest Nova Vision's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Nova Vision Acquisition over the last few years. It is Nova Vision's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Vision's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Nova Net Working Capital Regression Statistics

Arithmetic Mean359,942
Coefficient Of Variation300.08
Mean Deviation787,221
Median851,955
Standard Deviation1,080,130
Sample Variance1.2T
Range3.1M
R-Value(0.68)
Mean Square Error678.4B
R-Squared0.46
Significance0.01
Slope(163,823)
Total Sum of Squares16.3T

Nova Net Working Capital History

2024-2.1 M
2023-2.2 M
2022-511.8 K

About Nova Vision Financial Statements

Nova Vision investors use historical fundamental indicators, such as Nova Vision's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Vision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital-2.2 M-2.1 M

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Additional Tools for Nova Stock Analysis

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