NVIDIA Other Liab vs Retained Earnings Analysis
0R1I Stock | 135.77 0.15 0.11% |
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 Other Liab and its Retained Earnings 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.
Other Liab vs Retained Earnings
Other Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVIDIA Corp Other Liab account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between NVIDIA Corp's Other Liab and Retained Earnings is -0.89. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Retained Earnings 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 Other Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of NVIDIA Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Liab i.e., NVIDIA Corp's Other Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Liab
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 |
NVIDIA Corp fundamental ratios Correlations
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NVIDIA Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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