NowVertical Property Plant And Equipment Net vs Net Working 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 Property Plant And Equipment Net and its Net Working 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.
Property Plant And Equipment Net vs Net Working Capital
Property Plant And Equipment Net vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NowVertical Group Property Plant And Equipment Net account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NowVertical's Property Plant And Equipment Net and Net Working Capital is -0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Working 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 Property Plant And Equipment Net and Net Working 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 Property Plant And Equipment Net of NowVertical Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant And Equipment Net i.e., NowVertical's Property Plant And Equipment Net and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Working Capital
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 |
NowVertical fundamental ratios Correlations
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NowVertical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running NowVertical's price analysis, check to measure NowVertical'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 NowVertical is operating at the current time. Most of NowVertical's value examination focuses on studying past and present price action to predict the probability of NowVertical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NowVertical's price. Additionally, you may evaluate how the addition of NowVertical to your portfolios can decrease your overall portfolio volatility.