NVIDIA Treasury Stock vs Intangible Assets 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 Treasury Stock and its Intangible Assets 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.

Treasury Stock vs Intangible Assets

Treasury Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVIDIA Corp Treasury Stock account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NVIDIA Corp's Treasury Stock and Intangible Assets is -0.69. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Intangible Assets 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 Treasury Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of NVIDIA Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Treasury Stock i.e., NVIDIA Corp's Treasury Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Treasury Stock

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Income126M127M146.1M81.0M
Tax Provision174M77M69.3M65.8M

NVIDIA Corp fundamental ratios Correlations

0.8-0.940.790.99-0.96-0.950.98-0.92-0.850.810.80.811.00.810.820.990.980.820.790.96-0.630.82-0.140.92
0.8-0.921.00.73-0.87-0.90.67-0.85-0.991.01.00.370.791.01.00.770.91.01.00.66-0.661.0-0.640.51
-0.94-0.92-0.91-0.890.991.0-0.840.980.97-0.93-0.92-0.55-0.93-0.93-0.94-0.89-0.98-0.93-0.91-0.820.81-0.940.29-0.74
0.791.0-0.910.72-0.85-0.890.66-0.83-0.981.01.00.360.781.01.00.760.891.01.00.65-0.641.0-0.660.49
0.990.73-0.890.72-0.93-0.91.0-0.87-0.780.740.730.871.00.740.750.990.960.750.720.99-0.560.75-0.070.96
-0.96-0.870.99-0.85-0.931.0-0.890.990.93-0.88-0.87-0.63-0.95-0.88-0.89-0.92-0.98-0.88-0.86-0.860.8-0.890.18-0.81
-0.95-0.91.0-0.89-0.91.0-0.860.990.95-0.91-0.9-0.57-0.94-0.91-0.92-0.9-0.98-0.92-0.89-0.830.81-0.920.25-0.76
0.980.67-0.840.661.0-0.89-0.86-0.82-0.720.680.670.910.980.680.690.990.920.690.661.0-0.490.69-0.020.98
-0.92-0.850.98-0.83-0.870.990.99-0.820.92-0.86-0.85-0.52-0.9-0.86-0.87-0.85-0.94-0.87-0.84-0.780.88-0.870.14-0.74
-0.85-0.990.97-0.98-0.780.930.95-0.720.92-0.99-0.99-0.4-0.84-0.99-0.99-0.8-0.93-0.99-0.98-0.70.76-0.990.52-0.58
0.811.0-0.931.00.74-0.88-0.910.68-0.86-0.991.00.370.81.01.00.780.91.01.00.67-0.671.0-0.630.52
0.81.0-0.921.00.73-0.87-0.90.67-0.85-0.991.00.370.791.01.00.770.91.01.00.66-0.661.0-0.640.51
0.810.37-0.550.360.87-0.63-0.570.91-0.52-0.40.370.370.820.370.380.870.70.380.360.93-0.110.380.130.95
1.00.79-0.930.781.0-0.95-0.940.98-0.9-0.840.80.790.820.80.810.990.980.810.790.97-0.60.81-0.150.93
0.811.0-0.931.00.74-0.88-0.910.68-0.86-0.991.01.00.370.81.00.780.911.01.00.67-0.681.0-0.620.52
0.821.0-0.941.00.75-0.89-0.920.69-0.87-0.991.01.00.380.811.00.780.911.01.00.68-0.691.0-0.60.53
0.990.77-0.890.760.99-0.92-0.90.99-0.85-0.80.780.770.870.990.780.780.960.780.760.99-0.510.78-0.170.94
0.980.9-0.980.890.96-0.98-0.980.92-0.94-0.930.90.90.70.980.910.910.960.910.890.91-0.670.91-0.30.83
0.821.0-0.931.00.75-0.88-0.920.69-0.87-0.991.01.00.380.811.01.00.780.911.00.68-0.691.0-0.610.53
0.791.0-0.911.00.72-0.86-0.890.66-0.84-0.981.01.00.360.791.01.00.760.891.00.66-0.651.0-0.660.5
0.960.66-0.820.650.99-0.86-0.831.0-0.78-0.70.670.660.930.970.670.680.990.910.680.66-0.420.68-0.060.97
-0.63-0.660.81-0.64-0.560.80.81-0.490.880.76-0.67-0.66-0.11-0.6-0.68-0.69-0.51-0.67-0.69-0.65-0.42-0.69-0.01-0.41
0.821.0-0.941.00.75-0.89-0.920.69-0.87-0.991.01.00.380.811.01.00.780.911.01.00.68-0.69-0.610.53
-0.14-0.640.29-0.66-0.070.180.25-0.020.140.52-0.63-0.640.13-0.15-0.62-0.6-0.17-0.3-0.61-0.66-0.06-0.01-0.610.16
0.920.51-0.740.490.96-0.81-0.760.98-0.74-0.580.520.510.950.930.520.530.940.830.530.50.97-0.410.530.16
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NVIDIA Corp Account Relationship Matchups

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