NorthView Other Current Assets vs Net Invested Capital Analysis
NVACW Stock | USD 0.05 0 2.65% |
NorthView Acquisition financial indicator trend analysis is infinitely more than just investigating NorthView Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthView Acquisition is a good investment. Please check the relationship between NorthView Acquisition Other Current Assets and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Current Assets vs Net Invested Capital
Other Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthView Acquisition Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between NorthView Acquisition's Other Current Assets and Net Invested Capital is -0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of NorthView Acquisition, assuming nothing else is changed. The correlation between historical values of NorthView Acquisition's Other Current Assets and Net Invested 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 Other Current Assets of NorthView Acquisition are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., NorthView Acquisition's Other Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from NorthView Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthView Acquisition 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is likely to drop to about 747.7 K in 2024. Selling General Administrative is likely to drop to about 1 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 342.2K | 8.9M | 10.3M | 10.8M | Depreciation And Amortization | 67.6K | 1.3M | 1.5M | 1.0M |
NorthView Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
NorthView Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for NorthView Stock Analysis
When running NorthView Acquisition's price analysis, check to measure NorthView Acquisition'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 NorthView Acquisition is operating at the current time. Most of NorthView Acquisition's value examination focuses on studying past and present price action to predict the probability of NorthView Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthView Acquisition's price. Additionally, you may evaluate how the addition of NorthView Acquisition to your portfolios can decrease your overall portfolio volatility.