NVIDIA Net Tangible Assets vs Treasury Stock Analysis

0R1I Stock

138.81 0.03 0.02%

NVIDIA Corp financial indicator trend analysis is infinitely more than just investigating NVIDIA Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVIDIA Corp is a good investment. Please check the relationship between NVIDIA Corp Net Tangible Assets and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NVIDIA Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Treasury Stock

Net Tangible Assets vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVIDIA Corp Net Tangible Assets account and Treasury Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between NVIDIA Corp's Net Tangible Assets and Treasury Stock is 0.81. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of NVIDIA Corp, assuming nothing else is changed. The correlation between historical values of NVIDIA Corp's Net Tangible Assets and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of NVIDIA Corp are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Tangible Assets i.e., NVIDIA Corp's Net Tangible Assets and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Treasury Stock

Most indicators from NVIDIA Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVIDIA Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in NVIDIA Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 65.8 M in 2024. Selling General Administrative is likely to drop to about 1.2 B in 2024

	2010	2020	2023	2024 (projected)
Interest Income	126M	127M	146.1M	81.0M
Tax Provision	174M	77M	69.3M	65.8M

Interest Income Tax Provision

NVIDIA Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.8	-0.94	0.79	0.99	-0.96	-0.95	0.98	-0.92	-0.85	0.81	0.8	0.81	1.0	0.81	0.82	0.99	0.98	0.82	0.79	0.96	-0.63	0.82	-0.14	0.92
Short Long Term Debt Total	0.8		-0.92	1.0	0.73	-0.87	-0.9	0.67	-0.85	-0.99	1.0	1.0	0.37	0.79	1.0	1.0	0.77	0.9	1.0	1.0	0.66	-0.66	1.0	-0.64	0.51
Other Current Liab	-0.94	-0.92		-0.91	-0.89	0.99	1.0	-0.84	0.98	0.97	-0.93	-0.92	-0.55	-0.93	-0.93	-0.94	-0.89	-0.98	-0.93	-0.91	-0.82	0.81	-0.94	0.29	-0.74
Total Current Liabilities	0.79	1.0	-0.91		0.72	-0.85	-0.89	0.66	-0.83	-0.98	1.0	1.0	0.36	0.78	1.0	1.0	0.76	0.89	1.0	1.0	0.65	-0.64	1.0	-0.66	0.49
Total Stockholder Equity	0.99	0.73	-0.89	0.72		-0.93	-0.9	1.0	-0.87	-0.78	0.74	0.73	0.87	1.0	0.74	0.75	0.99	0.96	0.75	0.72	0.99	-0.56	0.75	-0.07	0.96
Other Liab	-0.96	-0.87	0.99	-0.85	-0.93		1.0	-0.89	0.99	0.93	-0.88	-0.87	-0.63	-0.95	-0.88	-0.89	-0.92	-0.98	-0.88	-0.86	-0.86	0.8	-0.89	0.18	-0.81
Net Tangible Assets	-0.95	-0.9	1.0	-0.89	-0.9	1.0		-0.86	0.99	0.95	-0.91	-0.9	-0.57	-0.94	-0.91	-0.92	-0.9	-0.98	-0.92	-0.89	-0.83	0.81	-0.92	0.25	-0.76
Retained Earnings	0.98	0.67	-0.84	0.66	1.0	-0.89	-0.86		-0.82	-0.72	0.68	0.67	0.91	0.98	0.68	0.69	0.99	0.92	0.69	0.66	1.0	-0.49	0.69	-0.02	0.98
Accounts Payable	-0.92	-0.85	0.98	-0.83	-0.87	0.99	0.99	-0.82		0.92	-0.86	-0.85	-0.52	-0.9	-0.86	-0.87	-0.85	-0.94	-0.87	-0.84	-0.78	0.88	-0.87	0.14	-0.74
Cash	-0.85	-0.99	0.97	-0.98	-0.78	0.93	0.95	-0.72	0.92		-0.99	-0.99	-0.4	-0.84	-0.99	-0.99	-0.8	-0.93	-0.99	-0.98	-0.7	0.76	-0.99	0.52	-0.58
Other Assets	0.81	1.0	-0.93	1.0	0.74	-0.88	-0.91	0.68	-0.86	-0.99		1.0	0.37	0.8	1.0	1.0	0.78	0.9	1.0	1.0	0.67	-0.67	1.0	-0.63	0.52
Long Term Debt	0.8	1.0	-0.92	1.0	0.73	-0.87	-0.9	0.67	-0.85	-0.99	1.0		0.37	0.79	1.0	1.0	0.77	0.9	1.0	1.0	0.66	-0.66	1.0	-0.64	0.51
Cash And Short Term Investments	0.81	0.37	-0.55	0.36	0.87	-0.63	-0.57	0.91	-0.52	-0.4	0.37	0.37		0.82	0.37	0.38	0.87	0.7	0.38	0.36	0.93	-0.11	0.38	0.13	0.95
Net Receivables	1.0	0.79	-0.93	0.78	1.0	-0.95	-0.94	0.98	-0.9	-0.84	0.8	0.79	0.82		0.8	0.81	0.99	0.98	0.81	0.79	0.97	-0.6	0.81	-0.15	0.93
Good Will	0.81	1.0	-0.93	1.0	0.74	-0.88	-0.91	0.68	-0.86	-0.99	1.0	1.0	0.37	0.8		1.0	0.78	0.91	1.0	1.0	0.67	-0.68	1.0	-0.62	0.52
Short Term Investments	0.82	1.0	-0.94	1.0	0.75	-0.89	-0.92	0.69	-0.87	-0.99	1.0	1.0	0.38	0.81	1.0		0.78	0.91	1.0	1.0	0.68	-0.69	1.0	-0.6	0.53
Capital Surpluse	0.99	0.77	-0.89	0.76	0.99	-0.92	-0.9	0.99	-0.85	-0.8	0.78	0.77	0.87	0.99	0.78	0.78		0.96	0.78	0.76	0.99	-0.51	0.78	-0.17	0.94
Inventory	0.98	0.9	-0.98	0.89	0.96	-0.98	-0.98	0.92	-0.94	-0.93	0.9	0.9	0.7	0.98	0.91	0.91	0.96		0.91	0.89	0.91	-0.67	0.91	-0.3	0.83
Other Stockholder Equity	0.82	1.0	-0.93	1.0	0.75	-0.88	-0.92	0.69	-0.87	-0.99	1.0	1.0	0.38	0.81	1.0	1.0	0.78	0.91		1.0	0.68	-0.69	1.0	-0.61	0.53
Total Liab	0.79	1.0	-0.91	1.0	0.72	-0.86	-0.89	0.66	-0.84	-0.98	1.0	1.0	0.36	0.79	1.0	1.0	0.76	0.89	1.0		0.66	-0.65	1.0	-0.66	0.5
Total Current Assets	0.96	0.66	-0.82	0.65	0.99	-0.86	-0.83	1.0	-0.78	-0.7	0.67	0.66	0.93	0.97	0.67	0.68	0.99	0.91	0.68	0.66		-0.42	0.68	-0.06	0.97
Treasury Stock	-0.63	-0.66	0.81	-0.64	-0.56	0.8	0.81	-0.49	0.88	0.76	-0.67	-0.66	-0.11	-0.6	-0.68	-0.69	-0.51	-0.67	-0.69	-0.65	-0.42		-0.69	-0.01	-0.41
Intangible Assets	0.82	1.0	-0.94	1.0	0.75	-0.89	-0.92	0.69	-0.87	-0.99	1.0	1.0	0.38	0.81	1.0	1.0	0.78	0.91	1.0	1.0	0.68	-0.69		-0.61	0.53
Common Stock	-0.14	-0.64	0.29	-0.66	-0.07	0.18	0.25	-0.02	0.14	0.52	-0.63	-0.64	0.13	-0.15	-0.62	-0.6	-0.17	-0.3	-0.61	-0.66	-0.06	-0.01	-0.61		0.16
Property Plant Equipment	0.92	0.51	-0.74	0.49	0.96	-0.81	-0.76	0.98	-0.74	-0.58	0.52	0.51	0.95	0.93	0.52	0.53	0.94	0.83	0.53	0.5	0.97	-0.41	0.53	0.16

Click cells to compare fundamentals

NVIDIA Corp Account Relationship Matchups

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for NVIDIA Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

NVIDIA Net Tangible Assets vs Treasury Stock Analysis

Net Tangible Assets vs Treasury Stock

Net Tangible Assets vs Treasury Stock Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Treasury Stock

NVIDIA Corp fundamental ratios Correlations

NVIDIA Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for NVIDIA Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Other Assets	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Good Will	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Short Long Term Debt Total

Intangible Assets	- 0.99	Cash
Other Stockholder Equity	- 0.99	Cash
Short Term Investments	- 0.99	Cash
Good Will	- 0.99	Cash
Long Term Debt	- 0.99	Cash
Other Assets	- 0.99	Cash