| NBVA Stock | | | CAD 0.18 0.01 5.26% |
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies Operating Income and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Operating Income vs Total Current Liabilities
Operating Income vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nubeva Technologies Operating Income account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nubeva Technologies' Operating Income and Total Current Liabilities is -0.66. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' Operating Income and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nubeva Technologies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Operating Income i.e., Nubeva Technologies' Operating Income and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Nubeva Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nubeva Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Total Current Liabilities
Total Current Liabilities is an item on Nubeva Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nubeva Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva Technologies 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 Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Nubeva Technologies'
Discontinued Operations is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 2.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Nubeva Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Nubeva Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nubeva Technologies fundamental ratios Accounts
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Additional Tools for Nubeva Stock Analysis
When running Nubeva Technologies' price analysis, check to
measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to
predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.