Nova Cost Of Revenue from 2010 to 2025

NVA Stock   13.65  1.47  12.07%   
Nova Minerals' Cost Of Revenue is increasing over the years with very volatile fluctuation. Cost Of Revenue is expected to dwindle to about 360.4 M. From 2010 to 2025 Nova Minerals Cost Of Revenue quarterly data regression line had arithmetic mean of  372,570,500 and r-squared of  0. View All Fundamentals
 
Cost Of Revenue  
First Reported
2010-12-31
Previous Quarter
527.3 M
Current Value
360.4 M
Quarterly Volatility
92 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Minerals' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 326.8 K or Depreciation And Amortization of 221.8 M, as well as many indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 0.0118 or PTB Ratio of 1.63. Nova financial statements analysis is a perfect complement when working with Nova Minerals Valuation or Volatility modules.
  
Check out the analysis of Nova Minerals Correlation against competitors.

Latest Nova Minerals' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Nova Minerals Limited over the last few years. Cost of Revenue is found on Nova Minerals Limited income statement and represents the costs associated with goods and services Nova Minerals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Nova Minerals' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Minerals' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Very volatile
   Cost Of Revenue   
       Timeline  

Nova Cost Of Revenue Regression Statistics

Arithmetic Mean372,570,500
Geometric Mean349,883,138
Coefficient Of Variation24.70
Mean Deviation39,847,275
Median376,289,000
Standard Deviation92,020,554
Sample Variance8467.8T
Range461.3M
R-Value0.06
Mean Square Error9042.4T
R-Squared0
Significance0.83
Slope1,115,129
Total Sum of Squares127016.7T

Nova Cost Of Revenue History

2025360.4 M
2024527.3 M
2023458.5 M
2022409.8 M
202166 M

About Nova Minerals Financial Statements

Nova Minerals stakeholders use historical fundamental indicators, such as Nova Minerals' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Nova Minerals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nova Minerals' assets and liabilities are reflected in the revenues and expenses on Nova Minerals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nova Minerals Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue527.3 M360.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nova Minerals Limited is a strong investment it is important to analyze Nova Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nova Minerals' future performance. For an informed investment choice regarding Nova Stock, refer to the following important reports:
Check out the analysis of Nova Minerals Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Precious Metals space 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 Nova Minerals. If investors know Nova 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 Nova Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nova Minerals Limited is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova Minerals' value that differs from its market value or its book value, called intrinsic value, which is Nova Minerals' 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 Nova Minerals' market value can be influenced by many factors that don't directly affect Nova Minerals' 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 Nova Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Minerals' 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.