Nova Ebit Per Revenue vs Total Revenue Analysis

Stocks . USA . 
Stock . Nova Vision Acquisition
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 Ebit Per Revenue and its Total Revenue 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.

Ebit Per Revenue vs Total Revenue

Ebit Per Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nova Vision Acquisition Ebit Per Revenue account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Nova Vision's Ebit Per Revenue and Total Revenue is -0.99. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue 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 Ebit Per Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Nova Vision Acquisition are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., Nova Vision's Ebit Per Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit Per Revenue

Total Revenue

Total revenue comprises all receipts Nova Vision Acquisition generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Expenses1.0M713.8K750.7K658.2K
EBITDA1.0M638.0K146.9K139.5K

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
-0.88-0.92-0.891.01.01.0-0.930.90.991.01.00.99-0.890.680.811.0-0.91.00.981.00.93-0.881.0-0.75
Short Long Term Debt Total
-0.880.931.0-0.89-0.86-0.90.99-1.0-0.93-0.88-0.88-0.930.62-0.92-0.99-0.910.94-0.88-0.95-0.89-0.991.0-0.890.93
Other Current Liab
-0.920.930.93-0.93-0.93-0.910.94-0.95-0.92-0.92-0.92-0.920.64-0.73-0.91-0.911.0-0.92-0.94-0.92-0.960.93-0.920.94
Total Current Liabilities
-0.891.00.93-0.89-0.86-0.91.0-1.0-0.93-0.89-0.89-0.930.63-0.92-0.99-0.910.94-0.89-0.95-0.89-0.991.0-0.890.93
Total Stockholder Equity
1.0-0.89-0.93-0.891.00.99-0.930.90.991.01.00.99-0.880.680.820.99-0.911.00.981.00.93-0.891.0-0.76
Other Liab
1.0-0.86-0.93-0.861.00.99-0.910.880.981.01.00.98-0.880.630.790.98-0.911.00.971.00.91-0.861.0-0.75
Net Tangible Assets
1.0-0.9-0.91-0.90.990.99-0.940.911.01.01.01.0-0.890.730.831.0-0.891.00.991.00.94-0.91.0-0.75
Net Debt
-0.930.990.941.0-0.93-0.91-0.94-1.0-0.96-0.93-0.93-0.960.7-0.9-0.97-0.940.94-0.93-0.98-0.93-1.00.99-0.930.91
Retained Earnings
0.9-1.0-0.95-1.00.90.880.91-1.00.940.90.90.94-0.640.90.990.92-0.960.90.960.91.0-1.00.9-0.94
Cash
0.99-0.93-0.92-0.930.990.981.0-0.960.940.990.991.0-0.860.770.871.0-0.910.991.00.990.96-0.930.99-0.79
Non Current Assets Total
1.0-0.88-0.92-0.891.01.01.0-0.930.90.991.00.99-0.890.680.811.0-0.91.00.981.00.93-0.881.0-0.75
Non Currrent Assets Other
1.0-0.88-0.92-0.891.01.01.0-0.930.90.991.00.99-0.890.680.811.0-0.91.00.981.00.93-0.881.0-0.75
Cash And Short Term Investments
0.99-0.93-0.92-0.930.990.981.0-0.960.941.00.990.99-0.860.770.871.0-0.910.991.00.990.96-0.930.99-0.79
Common Stock Shares Outstanding
-0.890.620.640.63-0.88-0.88-0.890.7-0.64-0.86-0.89-0.89-0.86-0.44-0.51-0.890.61-0.89-0.83-0.89-0.690.62-0.890.38
Non Current Liabilities Total
0.68-0.92-0.73-0.920.680.630.73-0.90.90.770.680.680.77-0.440.940.74-0.740.680.810.690.88-0.920.69-0.82
Other Current Assets
0.81-0.99-0.91-0.990.820.790.83-0.970.990.870.810.810.87-0.510.940.84-0.920.810.90.820.97-0.990.82-0.96
Other Stockholder Equity
1.0-0.91-0.91-0.910.990.981.0-0.940.921.01.01.01.0-0.890.740.84-0.890.990.991.00.94-0.911.0-0.76
Total Liab
-0.90.941.00.94-0.91-0.91-0.890.94-0.96-0.91-0.9-0.9-0.910.61-0.74-0.92-0.89-0.9-0.93-0.9-0.960.94-0.90.95
Net Invested Capital
1.0-0.88-0.92-0.891.01.01.0-0.930.90.991.01.00.99-0.890.680.810.99-0.90.981.00.93-0.881.0-0.76
Total Current Assets
0.98-0.95-0.94-0.950.980.970.99-0.980.961.00.980.981.0-0.830.810.90.99-0.930.980.980.98-0.950.98-0.83
Capital Stock
1.0-0.89-0.92-0.891.01.01.0-0.930.90.991.01.00.99-0.890.690.821.0-0.91.00.980.93-0.891.0-0.76
Net Working Capital
0.93-0.99-0.96-0.990.930.910.94-1.01.00.960.930.930.96-0.690.880.970.94-0.960.930.980.93-0.990.93-0.92
Short Term Debt
-0.881.00.931.0-0.89-0.86-0.90.99-1.0-0.93-0.88-0.88-0.930.62-0.92-0.99-0.910.94-0.88-0.95-0.89-0.99-0.890.93
Common Stock
1.0-0.89-0.92-0.891.01.01.0-0.930.90.991.01.00.99-0.890.690.821.0-0.91.00.981.00.93-0.89-0.76
Short Long Term Debt
-0.750.930.940.93-0.76-0.75-0.750.91-0.94-0.79-0.75-0.75-0.790.38-0.82-0.96-0.760.95-0.76-0.83-0.76-0.920.93-0.76
Click cells to compare fundamentals

Nova Vision Account Relationship Matchups

High Positive Relationship

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

High Negative Relationship

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

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Additional Tools for Nova Stock Analysis

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