Energy Short Long Term Debt Total vs Common Stock Shares Outstanding Analysis

NRGV Stock  USD 1.80  0.21  13.21%   
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 Short Long Term Debt Total and its Common Stock Shares Outstanding 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.

Short Long Term Debt Total vs Common Stock Shares Outstanding

Short Long Term Debt Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Vault Holdings Short Long Term Debt Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Energy Vault's Short Long Term Debt Total and Common Stock Shares Outstanding is -0.04. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Shares Outstanding 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 Short Long Term Debt Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Energy Vault Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Long Term Debt Total i.e., Energy Vault's Short Long Term Debt Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its 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.