NVE Accounts Payable vs Net Receivables Analysis

NVEC Stock

USD 80.97 2.55 3.25%

NVE financial indicator trend analysis is infinitely more than just investigating NVE Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVE Corporation is a good investment. Please check the relationship between NVE Accounts Payable and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between NVE's Accounts Payable and Net Receivables is 0.31. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of NVE Corporation, assuming nothing else is changed. The correlation between historical values of NVE's Accounts Payable 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 Accounts Payable of NVE Corporation 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 Accounts Payable i.e., NVE's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents NVE obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NVE Corporation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Receivables

Most indicators from NVE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVE Corporation 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 NVE Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At present, NVE's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	1.2M	1.4M	1.7M	1.4M
Depreciation And Amortization	425.0K	257.6K	308.1K	292.7K

Interest Expense Depreciation And Amortization

NVE fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.87	0.33	0.05	1.0	0.66	0.16	-0.17	0.99	0.29	0.12	0.93	0.23	0.61	0.12	0.85	0.83	0.66	0.48	0.08	0.59	0.86	0.01	-0.16	0.59	-0.2
Short Long Term Debt Total	0.87		0.11	-0.05	0.87	0.5	0.18	-0.03	0.87	0.39	-0.03	0.84	0.14	0.52	-0.06	0.74	0.66	0.59	0.64	-0.26	0.53	0.69	-0.06	-0.54	0.45	-0.53
Other Current Liab	0.33	0.11		0.8	0.31	0.63	0.09	0.1	0.26	0.53	-0.09	0.25	-0.16	0.19	0.65	0.45	0.44	0.32	-0.09	0.38	0.5	0.48	0.75	0.28	0.33	0.36
Total Current Liabilities	0.05	-0.05	0.8		0.03	0.32	0.25	0.13	0.01	0.7	-0.13	-0.04	0.0	0.16	0.5	0.13	0.1	0.25	0.11	0.07	0.29	0.11	0.89	-0.01	0.22	0.17
Total Stockholder Equity	1.0	0.87	0.31	0.03		0.66	0.16	-0.17	0.99	0.27	0.12	0.94	0.24	0.6	0.11	0.85	0.83	0.66	0.48	0.07	0.58	0.86	0.0	-0.17	0.59	-0.21
Property Plant And Equipment Net	0.66	0.5	0.63	0.32	0.66		0.49	0.3	0.64	0.21	-0.32	0.77	0.13	0.01	0.05	0.53	0.51	0.21	0.15	0.06	0.63	0.59	0.22	0.13	0.05	-0.08
Current Deferred Revenue	0.16	0.18	0.09	0.25	0.16	0.49		0.5	0.22	0.06	-0.54	0.38	0.33	-0.31	-0.46	-0.26	-0.31	-0.17	0.14	-0.64	-0.04	-0.22	0.07	-0.32	-0.41	-0.6
Net Debt	-0.17	-0.03	0.1	0.13	-0.17	0.3	0.5		-0.14	-0.01	-0.99	0.05	0.02	-0.63	-0.01	-0.32	-0.39	-0.33	-0.09	-0.47	-0.08	-0.33	0.0	-0.12	-0.58	-0.38
Retained Earnings	0.99	0.87	0.26	0.01	0.99	0.64	0.22	-0.14		0.25	0.07	0.94	0.3	0.59	0.07	0.79	0.77	0.65	0.47	-0.01	0.5	0.8	-0.04	-0.22	0.56	-0.29
Accounts Payable	0.29	0.39	0.53	0.7	0.27	0.21	0.06	-0.01	0.25		-0.02	0.16	-0.03	0.42	0.31	0.39	0.33	0.47	0.28	-0.1	0.52	0.35	0.62	-0.45	0.42	-0.15
Cash	0.12	-0.03	-0.09	-0.13	0.12	-0.32	-0.54	-0.99	0.07	-0.02		-0.1	-0.06	0.59	0.03	0.3	0.36	0.29	0.07	0.51	0.07	0.3	0.02	0.17	0.55	0.43
Non Current Assets Total	0.93	0.84	0.25	-0.04	0.94	0.77	0.38	0.05	0.94	0.16	-0.1		0.24	0.3	-0.1	0.71	0.66	0.4	0.4	-0.09	0.55	0.72	-0.11	-0.18	0.27	-0.34
Non Currrent Assets Other	0.23	0.14	-0.16	0.0	0.24	0.13	0.33	0.02	0.3	-0.03	-0.06	0.24		0.19	-0.22	-0.03	-0.02	0.31	0.2	-0.23	-0.14	-0.02	-0.28	-0.06	0.09	-0.26
Cash And Short Term Investments	0.61	0.52	0.19	0.16	0.6	0.01	-0.31	-0.63	0.59	0.42	0.59	0.3	0.19		0.36	0.66	0.68	0.91	0.49	0.25	0.28	0.63	0.22	-0.19	0.97	0.03
Net Receivables	0.12	-0.06	0.65	0.5	0.11	0.05	-0.46	-0.01	0.07	0.31	0.03	-0.1	-0.22	0.36		0.39	0.41	0.45	-0.08	0.58	0.19	0.37	0.52	0.37	0.55	0.55
Common Stock Total Equity	0.85	0.74	0.45	0.13	0.85	0.53	-0.26	-0.32	0.79	0.39	0.3	0.71	-0.03	0.66	0.39		0.98	0.7	0.47	0.43	0.77	0.97	0.18	0.04	0.7	0.17
Common Stock Shares Outstanding	0.83	0.66	0.44	0.1	0.83	0.51	-0.31	-0.39	0.77	0.33	0.36	0.66	-0.02	0.68	0.41	0.98		0.69	0.42	0.53	0.78	0.99	0.14	0.16	0.75	0.27
Short Term Investments	0.66	0.59	0.32	0.25	0.66	0.21	-0.17	-0.33	0.65	0.47	0.29	0.4	0.31	0.91	0.45	0.7	0.69		0.5	0.22	0.37	0.66	0.23	-0.14	0.89	-0.03
Non Current Liabilities Total	0.48	0.64	-0.09	0.11	0.48	0.15	0.14	-0.09	0.47	0.28	0.07	0.4	0.2	0.49	-0.08	0.47	0.42	0.5		-0.24	0.4	0.39	0.13	-0.44	0.4	-0.33
Inventory	0.08	-0.26	0.38	0.07	0.07	0.06	-0.64	-0.47	-0.01	-0.1	0.51	-0.09	-0.23	0.25	0.58	0.43	0.53	0.22	-0.24		0.37	0.48	0.14	0.83	0.41	0.92
Other Current Assets	0.59	0.53	0.5	0.29	0.58	0.63	-0.04	-0.08	0.5	0.52	0.07	0.55	-0.14	0.28	0.19	0.77	0.78	0.37	0.4	0.37		0.81	0.23	0.12	0.34	0.19
Other Stockholder Equity	0.86	0.69	0.48	0.11	0.86	0.59	-0.22	-0.33	0.8	0.35	0.3	0.72	-0.02	0.63	0.37	0.97	0.99	0.66	0.39	0.48	0.81		0.14	0.14	0.7	0.22
Total Liab	0.01	-0.06	0.75	0.89	0.0	0.22	0.07	0.0	-0.04	0.62	0.02	-0.11	-0.28	0.22	0.52	0.18	0.14	0.23	0.13	0.14	0.23	0.14		-0.03	0.29	0.26
Property Plant And Equipment Gross	-0.16	-0.54	0.28	-0.01	-0.17	0.13	-0.32	-0.12	-0.22	-0.45	0.17	-0.18	-0.06	-0.19	0.37	0.04	0.16	-0.14	-0.44	0.83	0.12	0.14	-0.03		-0.03	0.86
Total Current Assets	0.59	0.45	0.33	0.22	0.59	0.05	-0.41	-0.58	0.56	0.42	0.55	0.27	0.09	0.97	0.55	0.7	0.75	0.89	0.4	0.41	0.34	0.7	0.29	-0.03		0.21
Short Term Debt	-0.2	-0.53	0.36	0.17	-0.21	-0.08	-0.6	-0.38	-0.29	-0.15	0.43	-0.34	-0.26	0.03	0.55	0.17	0.27	-0.03	-0.33	0.92	0.19	0.22	0.26	0.86	0.21

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NVE Account Relationship Matchups

NVE fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	79.5M	72.5M	67.5M	69.3M	66.8M	54.1M
Other Current Liab	482.1K	540.5K	1.4M	1.4M	729.2K	761.9K
Total Current Liabilities	796.2K	1.0M	2.5M	1.8M	1.0M	1.1M
Total Stockholder Equity	78.0M	70.9M	64.6M	67.1M	65.6M	52.3M
Property Plant And Equipment Net	1.4M	1.0M	1.2M	1.8M	1.3M	1.6M
Net Debt	(7.2M)	(9.7M)	(9.8M)	(1.2M)	(9.9M)	(9.4M)
Retained Earnings	58.0M	50.4M	45.6M	48.9M	46.7M	34.8M
Accounts Payable	187.0K	336.6K	943.5K	281.7K	127.2K	120.8K
Cash	8.1M	10.4M	10.4M	1.7M	10.3M	10.8M
Non Current Assets Total	45.1M	48.1M	26.0M	38.5M	33.6M	35.1M
Non Currrent Assets Other	(45.0M)	(48.1M)	(25.5M)	(37.9M)	1.5M	1.5M
Cash And Short Term Investments	27.2M	18.1M	31.3M	17.2M	22.2M	12.8M
Net Receivables	2.7M	2.0M	4.7M	6.5M	3.1M	2.7M
Common Stock Shares Outstanding	4.8M	4.8M	4.8M	4.8M	4.8M	4.3M
Short Term Investments	19.1M	7.7M	20.8M	15.5M	11.9M	11.1M
Liabilities And Stockholders Equity	79.5M	72.5M	67.5M	69.3M	66.8M	54.1M
Non Current Liabilities Total	706.6K	581.5K	446.0K	342.9K	175.8K	167.0K
Inventory	3.9M	3.9M	5.1M	6.4M	7.2M	7.5M
Other Current Assets	655.8K	782.6K	841.0K	663.5K	689.3K	780.0K
Other Stockholder Equity	19.4M	19.3M	19.3M	19.3M	19.6M	17.4M
Total Liab	1.5M	1.6M	2.9M	2.2M	1.2M	1.3M
Property Plant And Equipment Gross	1.4M	1.0M	606.4K	10.5M	12.7M	13.4M
Total Current Assets	34.4M	24.4M	41.5M	30.8M	33.2M	19.1M
Accumulated Other Comprehensive Income	516.5K	1.1M	(318.1K)	(1.2M)	(777.6K)	(738.8K)
Property Plant Equipment	582.5K	336.7K	606.4K	2.0M	1.8M	1.2M
Net Tangible Assets	78.0M	70.9M	64.6M	67.1M	60.4M	68.6M
Other Assets	353.7K	108.1K	73.5K	483.5K	556.0K	583.8K
Retained Earnings Total Equity	58.0M	50.4M	45.6M	48.9M	44.1M	52.4M
Capital Surpluse	19.4M	19.3M	19.3M	19.3M	17.4M	15.9M
Long Term Investments	43.6M	47.0M	24.3M	36.1M	30.8M	42.6M
Net Invested Capital	78.0M	70.9M	64.6M	67.1M	65.6M	58.9M
Net Working Capital	33.6M	23.3M	39.0M	29.0M	32.2M	33.8M

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When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:

How To Invest In NVE

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Is NVE Stock a good investment?

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What is NVE's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVE. If investors know NVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.15)

Dividend Share

Earnings Share

3.33

Revenue Per Share

5.665

Quarterly Revenue Growth

(0.05)

The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVE's market value can be influenced by many factors that don't directly affect NVE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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NVE Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

NVE fundamental ratios Correlations

NVE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NVE fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.98	Common Stock Total Equity
Total Current Assets	+ 0.97	Cash And Short Term Investments

Cash	- 0.99	Net Debt
Inventory	- 0.64	Current Deferred Revenue
Cash And Short Term Investments	- 0.63	Net Debt
Short Term Debt	- 0.6	Current Deferred Revenue
Total Current Assets	- 0.58	Net Debt
Cash	- 0.54	Current Deferred Revenue