NowVertical Retained Earnings vs Net Receivables 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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NowVertical Group Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between NowVertical's Retained Earnings and Net Receivables is -0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of NowVertical Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., NowVertical's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

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 Profit2.3M11.6M26.6M14.8M
Total Revenue3.2M27.0M51.7M30.0M

NowVertical fundamental ratios Correlations

0.940.97-0.080.950.940.890.97-0.980.870.530.99-0.630.91.00.980.97-0.930.970.980.970.890.820.980.97-0.66
0.940.870.251.00.960.790.99-0.910.710.760.91-0.440.740.930.920.85-0.960.990.860.970.790.620.970.98-0.4
0.970.87-0.260.870.840.850.91-0.940.90.361.0-0.650.920.990.960.98-0.830.91.00.90.850.930.920.89-0.77
-0.080.25-0.260.240.19-0.20.140.1-0.380.76-0.180.45-0.4-0.13-0.09-0.28-0.220.16-0.270.08-0.2-0.570.070.150.71
0.951.00.870.240.960.790.99-0.910.710.760.91-0.450.740.930.930.85-0.960.990.870.970.790.630.970.98-0.41
0.940.960.840.190.960.80.98-0.960.790.770.89-0.610.810.910.940.83-1.00.980.840.980.80.580.980.99-0.48
0.890.790.85-0.20.790.80.8-0.870.710.310.87-0.470.80.870.810.94-0.780.830.90.91.00.740.890.82-0.53
0.970.990.910.140.990.980.8-0.960.810.720.94-0.580.830.960.970.88-0.981.00.90.980.80.680.991.0-0.53
-0.98-0.91-0.940.1-0.91-0.96-0.87-0.96-0.92-0.56-0.960.75-0.94-0.97-0.98-0.930.95-0.95-0.94-0.97-0.87-0.77-0.97-0.970.7
0.870.710.9-0.380.710.790.710.81-0.920.310.89-0.920.990.890.930.85-0.780.780.880.80.710.840.810.81-0.91
0.530.760.360.760.760.770.310.72-0.560.310.44-0.180.290.490.560.32-0.780.710.340.660.310.00.650.720.1
0.990.911.0-0.180.910.890.870.94-0.960.890.44-0.650.921.00.980.98-0.880.940.990.940.870.890.950.93-0.73
-0.63-0.44-0.650.45-0.45-0.61-0.47-0.580.75-0.92-0.18-0.65-0.89-0.65-0.73-0.60.6-0.53-0.64-0.57-0.47-0.63-0.58-0.590.89
0.90.740.92-0.40.740.810.80.83-0.940.990.290.92-0.890.910.930.9-0.80.80.920.840.80.860.850.83-0.89
1.00.930.99-0.130.930.910.870.96-0.970.890.491.0-0.650.910.990.97-0.90.960.990.950.870.860.960.95-0.7
0.980.920.96-0.090.930.940.810.97-0.980.930.560.98-0.730.930.990.93-0.930.950.950.950.810.810.960.96-0.72
0.970.850.98-0.280.850.830.940.88-0.930.850.320.98-0.60.90.970.93-0.820.890.990.920.940.90.920.88-0.72
-0.93-0.96-0.83-0.22-0.96-1.0-0.78-0.980.95-0.78-0.78-0.880.6-0.8-0.9-0.93-0.82-0.98-0.83-0.97-0.78-0.56-0.97-0.990.46
0.970.990.90.160.990.980.831.0-0.950.780.710.94-0.530.80.960.950.89-0.980.90.990.830.670.991.0-0.49
0.980.861.0-0.270.870.840.90.9-0.940.880.340.99-0.640.920.990.950.99-0.830.90.910.90.920.920.89-0.75
0.970.970.90.080.970.980.90.98-0.970.80.660.94-0.570.840.950.950.92-0.970.990.910.90.681.00.99-0.52
0.890.790.85-0.20.790.81.00.8-0.870.710.310.87-0.470.80.870.810.94-0.780.830.90.90.740.890.82-0.53
0.820.620.93-0.570.630.580.740.68-0.770.840.00.89-0.630.860.860.810.9-0.560.670.920.680.740.70.66-0.87
0.980.970.920.070.970.980.890.99-0.970.810.650.95-0.580.850.960.960.92-0.970.990.921.00.890.70.99-0.54
0.970.980.890.150.980.990.821.0-0.970.810.720.93-0.590.830.950.960.88-0.991.00.890.990.820.660.99-0.52
-0.66-0.4-0.770.71-0.41-0.48-0.53-0.530.7-0.910.1-0.730.89-0.89-0.7-0.72-0.720.46-0.49-0.75-0.52-0.53-0.87-0.54-0.52
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NowVertical Account Relationship Matchups

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Additional Tools for NowVertical Stock Analysis

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.