Nova Other Stockholder Equity vs Total Assets 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 Other Stockholder Equity and its Total Assets 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.
Other Stockholder Equity vs Total Assets
Other Stockholder Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nova Vision Acquisition Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Nova Vision's Other Stockholder Equity and Total Assets is 1.0. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets 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 Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Nova Vision Acquisition are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Nova Vision's Other Stockholder Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Stockholder Equity
Total Assets
Total assets refers to the total amount of Nova Vision assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nova Vision Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Nova Stock Analysis
When running Nova Vision's price analysis, check to measure Nova Vision'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 Nova Vision is operating at the current time. Most of Nova Vision's value examination focuses on studying past and present price action to predict the probability of Nova Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Vision's price. Additionally, you may evaluate how the addition of Nova Vision to your portfolios can decrease your overall portfolio volatility.