Nova Cash And Short Term Investments vs Non Current Liabilities Total Analysis

NOVV Stock

USD 37.00 0.00 0.00%

Nova Vision financial indicator trend analysis is infinitely more than just investigating Nova Vision Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nova Vision Acquisition is a good investment. Please check the relationship between Nova Vision Cash And Short Term Investments and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Cash And Short Term Investments vs Non Current Liabilities Total

Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nova Vision Acquisition Cash And Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nova Vision's Cash And Short Term Investments and Non Current Liabilities Total is 0.77. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Nova Vision Acquisition, assuming nothing else is changed. The correlation between historical values of Nova Vision's Cash And Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nova Vision Acquisition are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash And Short Term Investments i.e., Nova Vision's Cash And Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nova Vision Acquisition balance sheet. This account contains Nova Vision investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nova Vision Acquisition fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Liabilities Total

Most indicators from Nova Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nova Vision Acquisition 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 Nova Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Nova Vision's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 297.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 537.2 K in 2024.

	2010	2022	2023	2024 (projected)
Total Operating Expenses	1.0M	713.8K	750.7K	658.2K
EBITDA	1.0M	638.0K	146.9K	139.5K

Total Operating Expenses Ebitda

Nova Vision fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Short Long Term Debt
Total Assets		-0.88	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99	1.0	1.0	0.99	-0.89	0.68	0.81	1.0	-0.9	1.0	0.98	1.0	0.93	-0.88	1.0	-0.75
Short Long Term Debt Total	-0.88		0.93	1.0	-0.89	-0.86	-0.9	0.99	-1.0	-0.93	-0.88	-0.88	-0.93	0.62	-0.92	-0.99	-0.91	0.94	-0.88	-0.95	-0.89	-0.99	1.0	-0.89	0.93
Other Current Liab	-0.92	0.93		0.93	-0.93	-0.93	-0.91	0.94	-0.95	-0.92	-0.92	-0.92	-0.92	0.64	-0.73	-0.91	-0.91	1.0	-0.92	-0.94	-0.92	-0.96	0.93	-0.92	0.94
Total Current Liabilities	-0.89	1.0	0.93		-0.89	-0.86	-0.9	1.0	-1.0	-0.93	-0.89	-0.89	-0.93	0.63	-0.92	-0.99	-0.91	0.94	-0.89	-0.95	-0.89	-0.99	1.0	-0.89	0.93
Total Stockholder Equity	1.0	-0.89	-0.93	-0.89		1.0	0.99	-0.93	0.9	0.99	1.0	1.0	0.99	-0.88	0.68	0.82	0.99	-0.91	1.0	0.98	1.0	0.93	-0.89	1.0	-0.76
Other Liab	1.0	-0.86	-0.93	-0.86	1.0		0.99	-0.91	0.88	0.98	1.0	1.0	0.98	-0.88	0.63	0.79	0.98	-0.91	1.0	0.97	1.0	0.91	-0.86	1.0	-0.75
Net Tangible Assets	1.0	-0.9	-0.91	-0.9	0.99	0.99		-0.94	0.91	1.0	1.0	1.0	1.0	-0.89	0.73	0.83	1.0	-0.89	1.0	0.99	1.0	0.94	-0.9	1.0	-0.75
Net Debt	-0.93	0.99	0.94	1.0	-0.93	-0.91	-0.94		-1.0	-0.96	-0.93	-0.93	-0.96	0.7	-0.9	-0.97	-0.94	0.94	-0.93	-0.98	-0.93	-1.0	0.99	-0.93	0.91
Retained Earnings	0.9	-1.0	-0.95	-1.0	0.9	0.88	0.91	-1.0		0.94	0.9	0.9	0.94	-0.64	0.9	0.99	0.92	-0.96	0.9	0.96	0.9	1.0	-1.0	0.9	-0.94
Cash	0.99	-0.93	-0.92	-0.93	0.99	0.98	1.0	-0.96	0.94		0.99	0.99	1.0	-0.86	0.77	0.87	1.0	-0.91	0.99	1.0	0.99	0.96	-0.93	0.99	-0.79
Non Current Assets Total	1.0	-0.88	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99		1.0	0.99	-0.89	0.68	0.81	1.0	-0.9	1.0	0.98	1.0	0.93	-0.88	1.0	-0.75
Non Currrent Assets Other	1.0	-0.88	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99	1.0		0.99	-0.89	0.68	0.81	1.0	-0.9	1.0	0.98	1.0	0.93	-0.88	1.0	-0.75
Cash And Short Term Investments	0.99	-0.93	-0.92	-0.93	0.99	0.98	1.0	-0.96	0.94	1.0	0.99	0.99		-0.86	0.77	0.87	1.0	-0.91	0.99	1.0	0.99	0.96	-0.93	0.99	-0.79
Common Stock Shares Outstanding	-0.89	0.62	0.64	0.63	-0.88	-0.88	-0.89	0.7	-0.64	-0.86	-0.89	-0.89	-0.86		-0.44	-0.51	-0.89	0.61	-0.89	-0.83	-0.89	-0.69	0.62	-0.89	0.38
Non Current Liabilities Total	0.68	-0.92	-0.73	-0.92	0.68	0.63	0.73	-0.9	0.9	0.77	0.68	0.68	0.77	-0.44		0.94	0.74	-0.74	0.68	0.81	0.69	0.88	-0.92	0.69	-0.82
Other Current Assets	0.81	-0.99	-0.91	-0.99	0.82	0.79	0.83	-0.97	0.99	0.87	0.81	0.81	0.87	-0.51	0.94		0.84	-0.92	0.81	0.9	0.82	0.97	-0.99	0.82	-0.96
Other Stockholder Equity	1.0	-0.91	-0.91	-0.91	0.99	0.98	1.0	-0.94	0.92	1.0	1.0	1.0	1.0	-0.89	0.74	0.84		-0.89	0.99	0.99	1.0	0.94	-0.91	1.0	-0.76
Total Liab	-0.9	0.94	1.0	0.94	-0.91	-0.91	-0.89	0.94	-0.96	-0.91	-0.9	-0.9	-0.91	0.61	-0.74	-0.92	-0.89		-0.9	-0.93	-0.9	-0.96	0.94	-0.9	0.95
Net Invested Capital	1.0	-0.88	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99	1.0	1.0	0.99	-0.89	0.68	0.81	0.99	-0.9		0.98	1.0	0.93	-0.88	1.0	-0.76
Total Current Assets	0.98	-0.95	-0.94	-0.95	0.98	0.97	0.99	-0.98	0.96	1.0	0.98	0.98	1.0	-0.83	0.81	0.9	0.99	-0.93	0.98		0.98	0.98	-0.95	0.98	-0.83
Capital Stock	1.0	-0.89	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99	1.0	1.0	0.99	-0.89	0.69	0.82	1.0	-0.9	1.0	0.98		0.93	-0.89	1.0	-0.76
Net Working Capital	0.93	-0.99	-0.96	-0.99	0.93	0.91	0.94	-1.0	1.0	0.96	0.93	0.93	0.96	-0.69	0.88	0.97	0.94	-0.96	0.93	0.98	0.93		-0.99	0.93	-0.92
Short Term Debt	-0.88	1.0	0.93	1.0	-0.89	-0.86	-0.9	0.99	-1.0	-0.93	-0.88	-0.88	-0.93	0.62	-0.92	-0.99	-0.91	0.94	-0.88	-0.95	-0.89	-0.99		-0.89	0.93
Common Stock	1.0	-0.89	-0.92	-0.89	1.0	1.0	1.0	-0.93	0.9	0.99	1.0	1.0	0.99	-0.89	0.69	0.82	1.0	-0.9	1.0	0.98	1.0	0.93	-0.89		-0.76
Short Long Term Debt	-0.75	0.93	0.94	0.93	-0.76	-0.75	-0.75	0.91	-0.94	-0.79	-0.75	-0.75	-0.79	0.38	-0.82	-0.96	-0.76	0.95	-0.76	-0.83	-0.76	-0.92	0.93	-0.76

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Nova Cash And Short Term Investments vs Non Current Liabilities Total Analysis

Cash And Short Term Investments vs Non Current Liabilities Total

Cash And Short Term Investments vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Non Current Liabilities Total

Nova Vision fundamental ratios Correlations

Nova Vision Account Relationship Matchups

High Positive Relationship

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Additional Tools for Nova Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Other Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets

Short Term Debt	- 1.0	Retained Earnings
Net Working Capital	- 1.0	Net Debt
Retained Earnings	- 1.0	Net Debt
Retained Earnings	- 1.0	Total Current Liabilities
Retained Earnings	- 1.0	Short Long Term Debt Total
Short Term Debt	- 0.99	Net Working Capital