NowVertical Cash vs Net Invested Capital Analysis

NOW Stock

0.35 0.07 25.00%

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

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NowVertical Group Cash account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between NowVertical's Cash and Net Invested Capital is 0.66. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of NowVertical Group, assuming nothing else is changed. The correlation between historical values of NowVertical's Cash and Net Invested Capital 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 of NowVertical Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., NowVertical's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of NowVertical Group, which is listed under current asset account on NowVertical Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NowVertical customers. The amounts must be unrestricted with restricted cash listed in a different NowVertical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

At this time, NowVertical's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 13.81 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2010	2022	2023	2024 (projected)
Gross Profit	2.3M	11.6M	26.6M	14.8M
Total Revenue	3.2M	27.0M	51.7M	30.0M

Gross Profit Total Revenue

NowVertical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.94	0.97	-0.08	0.95	0.94	0.89	0.97	-0.98	0.87	0.53	0.99	-0.63	0.9	1.0	0.98	0.97	-0.93	0.97	0.98	0.97	0.89	0.82	0.98	0.97	-0.66
Other Current Liab	0.94		0.87	0.25	1.0	0.96	0.79	0.99	-0.91	0.71	0.76	0.91	-0.44	0.74	0.93	0.92	0.85	-0.96	0.99	0.86	0.97	0.79	0.62	0.97	0.98	-0.4
Total Current Liabilities	0.97	0.87		-0.26	0.87	0.84	0.85	0.91	-0.94	0.9	0.36	1.0	-0.65	0.92	0.99	0.96	0.98	-0.83	0.9	1.0	0.9	0.85	0.93	0.92	0.89	-0.77
Total Stockholder Equity	-0.08	0.25	-0.26		0.24	0.19	-0.2	0.14	0.1	-0.38	0.76	-0.18	0.45	-0.4	-0.13	-0.09	-0.28	-0.22	0.16	-0.27	0.08	-0.2	-0.57	0.07	0.15	0.71
Other Liab	0.95	1.0	0.87	0.24		0.96	0.79	0.99	-0.91	0.71	0.76	0.91	-0.45	0.74	0.93	0.93	0.85	-0.96	0.99	0.87	0.97	0.79	0.63	0.97	0.98	-0.41
Net Tangible Assets	0.94	0.96	0.84	0.19	0.96		0.8	0.98	-0.96	0.79	0.77	0.89	-0.61	0.81	0.91	0.94	0.83	-1.0	0.98	0.84	0.98	0.8	0.58	0.98	0.99	-0.48
Property Plant And Equipment Net	0.89	0.79	0.85	-0.2	0.79	0.8		0.8	-0.87	0.71	0.31	0.87	-0.47	0.8	0.87	0.81	0.94	-0.78	0.83	0.9	0.9	1.0	0.74	0.89	0.82	-0.53
Net Debt	0.97	0.99	0.91	0.14	0.99	0.98	0.8		-0.96	0.81	0.72	0.94	-0.58	0.83	0.96	0.97	0.88	-0.98	1.0	0.9	0.98	0.8	0.68	0.99	1.0	-0.53
Retained Earnings	-0.98	-0.91	-0.94	0.1	-0.91	-0.96	-0.87	-0.96		-0.92	-0.56	-0.96	0.75	-0.94	-0.97	-0.98	-0.93	0.95	-0.95	-0.94	-0.97	-0.87	-0.77	-0.97	-0.97	0.7
Accounts Payable	0.87	0.71	0.9	-0.38	0.71	0.79	0.71	0.81	-0.92		0.31	0.89	-0.92	0.99	0.89	0.93	0.85	-0.78	0.78	0.88	0.8	0.71	0.84	0.81	0.81	-0.91
Cash	0.53	0.76	0.36	0.76	0.76	0.77	0.31	0.72	-0.56	0.31		0.44	-0.18	0.29	0.49	0.56	0.32	-0.78	0.71	0.34	0.66	0.31	0.0	0.65	0.72	0.1
Non Current Assets Total	0.99	0.91	1.0	-0.18	0.91	0.89	0.87	0.94	-0.96	0.89	0.44		-0.65	0.92	1.0	0.98	0.98	-0.88	0.94	0.99	0.94	0.87	0.89	0.95	0.93	-0.73
Non Currrent Assets Other	-0.63	-0.44	-0.65	0.45	-0.45	-0.61	-0.47	-0.58	0.75	-0.92	-0.18	-0.65		-0.89	-0.65	-0.73	-0.6	0.6	-0.53	-0.64	-0.57	-0.47	-0.63	-0.58	-0.59	0.89
Net Receivables	0.9	0.74	0.92	-0.4	0.74	0.81	0.8	0.83	-0.94	0.99	0.29	0.92	-0.89		0.91	0.93	0.9	-0.8	0.8	0.92	0.84	0.8	0.86	0.85	0.83	-0.89
Good Will	1.0	0.93	0.99	-0.13	0.93	0.91	0.87	0.96	-0.97	0.89	0.49	1.0	-0.65	0.91		0.99	0.97	-0.9	0.96	0.99	0.95	0.87	0.86	0.96	0.95	-0.7
Common Stock Shares Outstanding	0.98	0.92	0.96	-0.09	0.93	0.94	0.81	0.97	-0.98	0.93	0.56	0.98	-0.73	0.93	0.99		0.93	-0.93	0.95	0.95	0.95	0.81	0.81	0.96	0.96	-0.72
Non Current Liabilities Total	0.97	0.85	0.98	-0.28	0.85	0.83	0.94	0.88	-0.93	0.85	0.32	0.98	-0.6	0.9	0.97	0.93		-0.82	0.89	0.99	0.92	0.94	0.9	0.92	0.88	-0.72
Capital Lease Obligations	-0.93	-0.96	-0.83	-0.22	-0.96	-1.0	-0.78	-0.98	0.95	-0.78	-0.78	-0.88	0.6	-0.8	-0.9	-0.93	-0.82		-0.98	-0.83	-0.97	-0.78	-0.56	-0.97	-0.99	0.46
Other Current Assets	0.97	0.99	0.9	0.16	0.99	0.98	0.83	1.0	-0.95	0.78	0.71	0.94	-0.53	0.8	0.96	0.95	0.89	-0.98		0.9	0.99	0.83	0.67	0.99	1.0	-0.49
Total Liab	0.98	0.86	1.0	-0.27	0.87	0.84	0.9	0.9	-0.94	0.88	0.34	0.99	-0.64	0.92	0.99	0.95	0.99	-0.83	0.9		0.91	0.9	0.92	0.92	0.89	-0.75
Net Invested Capital	0.97	0.97	0.9	0.08	0.97	0.98	0.9	0.98	-0.97	0.8	0.66	0.94	-0.57	0.84	0.95	0.95	0.92	-0.97	0.99	0.91		0.9	0.68	1.0	0.99	-0.52
Property Plant And Equipment Gross	0.89	0.79	0.85	-0.2	0.79	0.8	1.0	0.8	-0.87	0.71	0.31	0.87	-0.47	0.8	0.87	0.81	0.94	-0.78	0.83	0.9	0.9		0.74	0.89	0.82	-0.53
Short Long Term Debt	0.82	0.62	0.93	-0.57	0.63	0.58	0.74	0.68	-0.77	0.84	0.0	0.89	-0.63	0.86	0.86	0.81	0.9	-0.56	0.67	0.92	0.68	0.74		0.7	0.66	-0.87
Total Current Assets	0.98	0.97	0.92	0.07	0.97	0.98	0.89	0.99	-0.97	0.81	0.65	0.95	-0.58	0.85	0.96	0.96	0.92	-0.97	0.99	0.92	1.0	0.89	0.7		0.99	-0.54
Capital Stock	0.97	0.98	0.89	0.15	0.98	0.99	0.82	1.0	-0.97	0.81	0.72	0.93	-0.59	0.83	0.95	0.96	0.88	-0.99	1.0	0.89	0.99	0.82	0.66	0.99		-0.52
Net Working Capital	-0.66	-0.4	-0.77	0.71	-0.41	-0.48	-0.53	-0.53	0.7	-0.91	0.1	-0.73	0.89	-0.89	-0.7	-0.72	-0.72	0.46	-0.49	-0.75	-0.52	-0.53	-0.87	-0.54	-0.52

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NowVertical Cash vs Net Invested Capital Analysis

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash

Net Invested Capital

NowVertical fundamental ratios Correlations

NowVertical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Good Will	+ 1.0	Total Assets
Other Liab	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 1.0	Net Debt

Capital Lease Obligations	- 1.0	Net Tangible Assets
Capital Stock	- 0.99	Capital Lease Obligations
Other Current Assets	- 0.98	Capital Lease Obligations
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Capital Lease Obligations	- 0.98	Net Debt
Retained Earnings	- 0.98	Total Assets