Nuvve Quick Ratio from 2010 to 2024

NVVEW Stock  USD 0.03  0  18.80%   
Nuvve Holding Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.63 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.65950634
Current Value
0.63
Quarterly Volatility
1.04584575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuvve Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvve Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 283.8 K, Interest Expense of 286.4 K or Selling General Administrative of 17.5 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or PTB Ratio of 5.05. Nuvve financial statements analysis is a perfect complement when working with Nuvve Holding Valuation or Volatility modules.
  
Check out the analysis of Nuvve Holding Correlation against competitors.

Latest Nuvve Holding's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Nuvve Holding Corp over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Nuvve Holding's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nuvve Holding's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Nuvve Quick Ratio Regression Statistics

Arithmetic Mean2.20
Geometric Mean1.82
Coefficient Of Variation47.62
Mean Deviation0.86
Median2.70
Standard Deviation1.05
Sample Variance1.09
Range3.2981
R-Value(0.52)
Mean Square Error0.86
R-Squared0.27
Significance0.05
Slope(0.12)
Total Sum of Squares15.31

Nuvve Quick Ratio History

2024 0.63
2023 0.66
2022 2.57
2021 3.76
2020 0.46
2019 0.57

About Nuvve Holding Financial Statements

Nuvve Holding investors use historical fundamental indicators, such as Nuvve Holding's Quick Ratio, 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 Nuvve Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.66  0.63 

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Additional Tools for Nuvve Stock Analysis

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