NowVertical Total Stockholder Equity 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 Total Stockholder Equity 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.
Total Stockholder Equity vs Net Working Capital
Total Stockholder Equity 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 Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between NowVertical's Total Stockholder Equity and Net Working Capital is 0.71. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., NowVertical's Total Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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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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.