NVE Change In Working Capital from 2010 to 2024

NVEC Stock  USD 77.09  0.25  0.33%   
NVE's Change In Working Capital is decreasing over the years with very volatile fluctuation. Overall, Change In Working Capital is expected to go to about 1.9 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
1995-06-30
Previous Quarter
1.9 M
Current Value
-1.9 M
Quarterly Volatility
1.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NVE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 292.7 K, Interest Expense of 1.4 M or Total Revenue of 21.8 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0427 or PTB Ratio of 7.87. NVE financial statements analysis is a perfect complement when working with NVE Valuation or Volatility modules.
  
Check out the analysis of NVE Correlation against competitors.

Latest NVE's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of NVE Corporation over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. NVE's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVE's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Very volatile
   Change In Working Capital   
       Timeline  

NVE Change In Working Capital Regression Statistics

Arithmetic Mean(141,921)
Geometric Mean765,288
Coefficient Of Variation(1,163)
Mean Deviation1,249,895
Median122,409
Standard Deviation1,650,338
Sample Variance2.7T
Range5.9M
R-Value(0.07)
Mean Square Error2.9T
R-Squared0
Significance0.81
Slope(24,817)
Total Sum of Squares38.1T

NVE Change In Working Capital History

20241.9 M
20231.8 M
2022-4.1 M
2021-2.5 M
20201.2 M
2019693 K
2018-1.1 M

About NVE Financial Statements

NVE stakeholders use historical fundamental indicators, such as NVE's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although NVE investors may analyze each financial statement separately, they are all interrelated. For example, changes in NVE's assets and liabilities are reflected in the revenues and expenses on NVE's 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 NVE Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital1.8 M1.9 M

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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 NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE'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 Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out the analysis of NVE Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Semiconductors & Semiconductor Equipment 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 NVE. If investors know NVE 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 NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
4
Earnings Share
3.33
Revenue Per Share
5.665
Quarterly Revenue Growth
(0.05)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE'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 NVE's market value can be influenced by many factors that don't directly affect NVE'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 NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE'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.