Nova Net Borrowings vs Begin Period Cash Flow 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 Net Borrowings and its Begin Period Cash Flow 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.
Net Borrowings vs Begin Period Cash Flow
Net Borrowings vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nova Vision Acquisition Net Borrowings account and Begin Period Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Nova Vision's Net Borrowings and Begin Period Cash Flow is -0.94. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Begin Period Cash Flow 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 Net Borrowings and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Nova Vision Acquisition are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Borrowings i.e., Nova Vision's Net Borrowings and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.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 |
Nova Vision fundamental ratios Correlations
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Nova Vision Account Relationship Matchups
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