Nippon Long Term Investments vs Common Stock Shares Outstanding Analysis

NAVF Stock

188.00 2.00 1.05%

Nippon Active financial indicator trend analysis is infinitely more than just investigating Nippon Active Value recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nippon Active Value is a good investment. Please check the relationship between Nippon Active Long Term Investments and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Active Value. 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.

Long Term Investments vs Common Stock Shares Outstanding

Long Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nippon Active Value Long Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Nippon Active's Long Term Investments and Common Stock Shares Outstanding is 0.87. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Nippon Active Value, assuming nothing else is changed. The correlation between historical values of Nippon Active's Long Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Nippon Active Value are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Investments i.e., Nippon Active's Long Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Long Term Investments

Long Term Investments is an item on the asset side of Nippon Active balance sheet that represents investments Nippon Active Value intends to hold for over a year. Nippon Active Value long term investments may include different instruments such as stocks, bonds, real estate and cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Nippon Active's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nippon Active Value 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Active Value. 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 440 K in 2024. Selling General Administrative is likely to drop to about 970.8 K in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	236.6K	228.5K	167.9K	167.8K
Tax Provision	351K	549K	498K	440K

Depreciation And Amortization Tax Provision

Nippon Active fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Capital Stock	Common Stock	Other Current Assets	Inventory
Total Assets		-0.86	0.74	1.0	-0.62	0.35	0.62	1.0	-0.93	-0.76	0.62	0.84	0.9	0.66	1.0	0.81	1.0	0.66	0.99	0.99	-0.9	-0.71
Other Current Liab	-0.86		-0.63	-0.86	0.79	-0.42	-0.78	-0.84	0.94	0.95	-0.78	-0.6	-0.86	-0.56	-0.86	-0.8	-0.84	-0.81	-0.86	-0.86	0.92	0.89
Total Current Liabilities	0.74	-0.63		0.74	-0.65	-0.36	0.64	0.72	-0.72	-0.48	0.64	0.48	0.9	0.99	0.74	0.91	0.72	0.67	0.68	0.68	-0.6	-0.55
Total Stockholder Equity	1.0	-0.86	0.74		-0.62	0.35	0.62	1.0	-0.93	-0.76	0.62	0.84	0.9	0.66	1.0	0.81	1.0	0.66	0.99	0.99	-0.9	-0.71
Net Debt	-0.62	0.79	-0.65	-0.62		-0.08	-1.0	-0.56	0.6	0.88	-1.0	-0.11	-0.85	-0.63	-0.62	-0.89	-0.56	-1.0	-0.56	-0.56	0.52	0.5
Accounts Payable	0.35	-0.42	-0.36	0.35	-0.08		0.08	0.37	-0.33	-0.49	0.08	0.42	0.04	-0.46	0.35	-0.09	0.37	0.1	0.42	0.42	-0.45	-0.31
Cash	0.62	-0.78	0.64	0.62	-1.0	0.08		0.55	-0.58	-0.88	1.0	0.11	0.85	0.63	0.62	0.89	0.55	1.0	0.56	0.56	-0.5	-0.48
Non Current Assets Total	1.0	-0.84	0.72	1.0	-0.56	0.37	0.55		-0.93	-0.71	0.55	0.88	0.87	0.63	1.0	0.77	1.0	0.6	1.0	1.0	-0.9	-0.7
Non Currrent Assets Other	-0.93	0.94	-0.72	-0.93	0.6	-0.33	-0.58	-0.93		0.78	-0.58	-0.81	-0.85	-0.65	-0.93	-0.77	-0.93	-0.63	-0.94	-0.94	0.99	0.91
Other Assets	-0.76	0.95	-0.48	-0.76	0.88	-0.49	-0.88	-0.71	0.78		-0.88	-0.39	-0.8	-0.42	-0.76	-0.77	-0.71	-0.89	-0.74	-0.74	0.77	0.72
Cash And Short Term Investments	0.62	-0.78	0.64	0.62	-1.0	0.08	1.0	0.55	-0.58	-0.88		0.11	0.85	0.63	0.62	0.89	0.55	1.0	0.56	0.56	-0.5	-0.48
Net Receivables	0.84	-0.6	0.48	0.84	-0.11	0.42	0.11	0.88	-0.81	-0.39	0.11		0.56	0.39	0.84	0.41	0.88	0.16	0.88	0.88	-0.83	-0.63
Common Stock Shares Outstanding	0.9	-0.86	0.9	0.9	-0.85	0.04	0.85	0.87	-0.85	-0.8	0.85	0.56		0.85	0.9	0.98	0.87	0.88	0.85	0.85	-0.76	-0.65
Non Current Liabilities Total	0.66	-0.56	0.99	0.66	-0.63	-0.46	0.63	0.63	-0.65	-0.42	0.63	0.39	0.85		0.66	0.89	0.63	0.65	0.59	0.59	-0.52	-0.48
Other Stockholder Equity	1.0	-0.86	0.74	1.0	-0.62	0.35	0.62	1.0	-0.93	-0.76	0.62	0.84	0.9	0.66		0.81	1.0	0.66	0.99	0.99	-0.9	-0.71
Total Liab	0.81	-0.8	0.91	0.81	-0.89	-0.09	0.89	0.77	-0.77	-0.77	0.89	0.41	0.98	0.89	0.81		0.77	0.91	0.75	0.75	-0.66	-0.58
Long Term Investments	1.0	-0.84	0.72	1.0	-0.56	0.37	0.55	1.0	-0.93	-0.71	0.55	0.88	0.87	0.63	1.0	0.77		0.6	1.0	1.0	-0.9	-0.7
Total Current Assets	0.66	-0.81	0.67	0.66	-1.0	0.1	1.0	0.6	-0.63	-0.89	1.0	0.16	0.88	0.65	0.66	0.91	0.6		0.6	0.6	-0.55	-0.51
Capital Stock	0.99	-0.86	0.68	0.99	-0.56	0.42	0.56	1.0	-0.94	-0.74	0.56	0.88	0.85	0.59	0.99	0.75	1.0	0.6		1.0	-0.93	-0.74
Common Stock	0.99	-0.86	0.68	0.99	-0.56	0.42	0.56	1.0	-0.94	-0.74	0.56	0.88	0.85	0.59	0.99	0.75	1.0	0.6	1.0		-0.93	-0.74
Other Current Assets	-0.9	0.92	-0.6	-0.9	0.52	-0.45	-0.5	-0.9	0.99	0.77	-0.5	-0.83	-0.76	-0.52	-0.9	-0.66	-0.9	-0.55	-0.93	-0.93		0.93
Inventory	-0.71	0.89	-0.55	-0.71	0.5	-0.31	-0.48	-0.7	0.91	0.72	-0.48	-0.63	-0.65	-0.48	-0.71	-0.58	-0.7	-0.51	-0.74	-0.74	0.93

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Nippon Active Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Nippon Stock Analysis

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

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Nippon Long Term Investments vs Common Stock Shares Outstanding Analysis

Long Term Investments vs Common Stock Shares Outstanding

Long Term Investments vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Long Term Investments

Common Stock Shares Outstanding

Nippon Active fundamental ratios Correlations

Nippon Active Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Long Term Investments	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.94	Non Currrent Assets Other
Capital Stock	- 0.94	Non Currrent Assets Other
Other Current Assets	- 0.93	Common Stock