Energy Current Deferred Revenue vs Total Stockholder Equity Analysis

NRGV Stock  USD 1.52  0.02  1.30%   
Energy Vault financial indicator trend analysis is much more than just examining Energy Vault Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Vault Holdings is a good investment. Please check the relationship between Energy Vault Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Current Deferred Revenue vs Total Stockholder Equity

Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Vault Holdings Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Energy Vault's Current Deferred Revenue and Total Stockholder Equity is 0.17. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Energy Vault Holdings, assuming nothing else is changed. The correlation between historical values of Energy Vault's Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Energy Vault Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Energy Vault's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.
Most indicators from Energy Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Vault Holdings 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 Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, despite the fact that Tax Provision is likely to grow to (311.6 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.3M7.7M851K808.5K
Total Operating Expenses26.8M119.6M123.4M64.7M

Energy Vault fundamental ratios Correlations

-0.130.640.940.920.830.870.610.42-0.95-0.860.920.950.61-0.6-0.480.950.83-0.01-0.380.250.960.890.660.920.6
-0.13-0.09-0.15-0.13-0.15-0.36-0.150.140.330.11-0.13-0.310.230.250.16-0.31-0.11-0.04-0.22-0.07-0.12-0.1-0.38-0.13-0.17
0.64-0.090.810.750.70.780.98-0.06-0.54-0.930.390.50.79-0.54-0.810.50.950.01-0.440.550.470.850.460.750.97
0.94-0.150.810.990.770.870.750.26-0.88-0.940.860.860.66-0.54-0.540.860.950.04-0.550.380.90.990.570.990.74
0.92-0.130.750.990.660.790.660.17-0.83-0.880.880.810.66-0.4-0.410.810.920.19-0.660.450.910.990.441.00.65
0.83-0.150.70.770.660.950.780.55-0.85-0.860.610.850.53-0.93-0.840.850.76-0.430.060.020.670.70.910.660.8
0.87-0.360.780.870.790.950.830.41-0.91-0.920.690.890.53-0.85-0.80.890.86-0.28-0.10.160.750.820.870.790.84
0.61-0.150.980.750.660.780.830.04-0.55-0.920.320.510.71-0.69-0.910.510.89-0.16-0.230.420.410.770.60.661.0
0.420.14-0.060.260.170.550.410.04-0.57-0.230.470.59-0.23-0.65-0.270.590.09-0.790.4-0.760.450.130.680.170.06
-0.950.33-0.54-0.88-0.83-0.85-0.91-0.55-0.570.79-0.9-1.0-0.360.720.51-1.0-0.740.220.16-0.01-0.92-0.79-0.81-0.83-0.56
-0.860.11-0.93-0.94-0.88-0.86-0.92-0.92-0.230.79-0.66-0.76-0.740.680.78-0.76-0.980.10.4-0.38-0.73-0.94-0.65-0.88-0.92
0.92-0.130.390.860.880.610.690.320.47-0.9-0.660.910.36-0.38-0.160.910.670.05-0.470.110.990.80.490.880.32
0.95-0.310.50.860.810.850.890.510.59-1.0-0.760.910.36-0.71-0.471.00.71-0.22-0.140.00.930.770.810.810.52
0.610.230.790.660.660.530.530.71-0.23-0.36-0.740.360.36-0.23-0.490.360.770.37-0.580.760.450.720.160.660.7
-0.60.25-0.54-0.54-0.4-0.93-0.85-0.69-0.650.720.68-0.38-0.71-0.230.87-0.71-0.540.7-0.380.27-0.44-0.45-0.98-0.4-0.71
-0.480.16-0.81-0.54-0.41-0.84-0.8-0.91-0.270.510.78-0.16-0.47-0.490.87-0.47-0.690.5-0.17-0.09-0.24-0.52-0.77-0.41-0.93
0.95-0.310.50.860.810.850.890.510.59-1.0-0.760.911.00.36-0.71-0.470.71-0.22-0.140.00.930.770.810.810.52
0.83-0.110.950.950.920.760.860.890.09-0.74-0.980.670.710.77-0.54-0.690.710.05-0.550.510.730.970.520.920.88
-0.01-0.040.010.040.19-0.43-0.28-0.16-0.790.220.10.05-0.220.370.70.5-0.220.05-0.70.820.050.14-0.640.18-0.19
-0.38-0.22-0.44-0.55-0.660.06-0.1-0.230.40.160.4-0.47-0.14-0.58-0.38-0.17-0.14-0.55-0.7-0.72-0.47-0.650.37-0.66-0.2
0.25-0.070.550.380.450.020.160.42-0.76-0.01-0.380.110.00.760.27-0.090.00.510.82-0.720.170.49-0.290.450.4
0.96-0.120.470.90.910.670.750.410.45-0.92-0.730.990.930.45-0.44-0.240.930.730.05-0.470.170.840.530.910.4
0.89-0.10.850.990.990.70.820.770.13-0.79-0.940.80.770.72-0.45-0.520.770.970.14-0.650.490.840.460.990.76
0.66-0.380.460.570.440.910.870.60.68-0.81-0.650.490.810.16-0.98-0.770.810.52-0.640.37-0.290.530.460.440.63
0.92-0.130.750.991.00.660.790.660.17-0.83-0.880.880.810.66-0.4-0.410.810.920.18-0.660.450.910.990.440.65
0.6-0.170.970.740.650.80.841.00.06-0.56-0.920.320.520.7-0.71-0.930.520.88-0.19-0.20.40.40.760.630.65
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Energy Vault Account Relationship Matchups

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Additional Tools for Energy Stock Analysis

When running Energy Vault's price analysis, check to measure Energy Vault'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 Energy Vault is operating at the current time. Most of Energy Vault's value examination focuses on studying past and present price action to predict the probability of Energy Vault's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Vault's price. Additionally, you may evaluate how the addition of Energy Vault to your portfolios can decrease your overall portfolio volatility.