NVE Cash And Cash Equivalents Changes vs Change In Working Capital Analysis

NVEC Stock

USD 81.22 1.46 1.83%

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 Cash And Cash Equivalents Changes and its Change In Working Capital 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.

Cash And Cash Equivalents Changes vs Change In Working Capital

Cash And Cash Equivalents Changes vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Cash And Cash Equivalents Changes account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between NVE's Cash And Cash Equivalents Changes and Change In Working Capital is -0.12. Overlapping area represents the amount of variation of Cash And Cash Equivalents Changes that can explain the historical movement of Change In Working Capital 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 Cash And Cash Equivalents Changes and Change In 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 Cash And Cash Equivalents Changes of NVE Corporation are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Cash And Cash Equivalents Changes i.e., NVE's Cash And Cash Equivalents Changes and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Cash Equivalents Changes

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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.

	2022	2024	2025 (projected)
Interest Expense	1.4M	1.7M	1.4M
Depreciation And Amortization	257.6K	354.4K	624.7K

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		0.8	0.33	0.05	1.0	0.66	0.16	-0.19	0.99	0.28	0.08	0.93	0.23	0.6	0.12	0.83	0.81	0.66	0.46	0.02	0.58	0.84	0.02	-0.16	0.43	-0.2
Short Long Term Debt Total	0.8		0.08	0.05	0.8	0.47	0.24	0.04	0.82	0.44	-0.19	0.82	0.12	0.4	-0.11	0.65	0.5	0.56	0.68	-0.43	0.45	0.53	0.04	-0.63	0.12	-0.57
Other Current Liab	0.33	0.08		0.77	0.31	0.63	0.08	0.09	0.26	0.51	-0.08	0.24	-0.16	0.19	0.65	0.43	0.43	0.31	-0.09	0.32	0.5	0.48	0.73	0.24	0.31	0.35
Total Current Liabilities	0.05	0.05	0.77		0.04	0.32	0.29	0.16	0.03	0.72	-0.2	-0.01	0.0	0.11	0.45	0.12	0.04	0.25	0.17	-0.06	0.26	0.06	0.89	-0.14	0.09	0.1
Total Stockholder Equity	1.0	0.8	0.31	0.04		0.66	0.16	-0.19	0.99	0.26	0.08	0.93	0.24	0.59	0.11	0.82	0.81	0.66	0.46	0.02	0.58	0.84	0.0	-0.16	0.42	-0.21
Property Plant And Equipment Net	0.66	0.47	0.63	0.32	0.66		0.49	0.31	0.64	0.22	-0.3	0.77	0.13	0.0	0.05	0.51	0.48	0.21	0.15	0.02	0.62	0.57	0.22	0.09	0.02	-0.09
Current Deferred Revenue	0.16	0.24	0.08	0.29	0.16	0.49		0.52	0.23	0.11	-0.57	0.39	0.32	-0.34	-0.48	-0.27	-0.34	-0.16	0.19	-0.64	-0.05	-0.25	0.11	-0.37	-0.55	-0.62
Net Debt	-0.19	0.04	0.09	0.16	-0.19	0.31	0.52		-0.14	0.02	-0.97	0.06	0.01	-0.66	-0.04	-0.35	-0.42	-0.33	-0.04	-0.48	-0.09	-0.36	0.04	-0.19	-0.72	-0.38
Retained Earnings	0.99	0.82	0.26	0.03	0.99	0.64	0.23	-0.14		0.25	0.02	0.94	0.29	0.57	0.07	0.76	0.73	0.65	0.47	-0.07	0.49	0.77	-0.03	-0.23	0.37	-0.29
Accounts Payable	0.28	0.44	0.51	0.72	0.26	0.22	0.11	0.02	0.25		-0.12	0.18	-0.03	0.36	0.26	0.35	0.25	0.46	0.33	-0.23	0.49	0.28	0.64	-0.49	0.17	-0.19
Cash	0.08	-0.19	-0.08	-0.2	0.08	-0.3	-0.57	-0.97	0.02	-0.12		-0.16	-0.05	0.55	0.06	0.28	0.39	0.24	-0.07	0.62	0.1	0.33	-0.07	0.37	0.74	0.51
Non Current Assets Total	0.93	0.82	0.24	-0.01	0.93	0.77	0.39	0.06	0.94	0.18	-0.16		0.24	0.27	-0.11	0.67	0.61	0.4	0.42	-0.16	0.53	0.67	-0.08	-0.23	0.12	-0.36
Non Currrent Assets Other	0.23	0.12	-0.16	0.0	0.24	0.13	0.32	0.01	0.29	-0.03	-0.05	0.24		0.19	-0.21	-0.03	-0.02	0.31	0.19	-0.17	-0.14	-0.02	-0.28	-0.03	0.11	-0.25
Cash And Short Term Investments	0.6	0.4	0.19	0.11	0.59	0.0	-0.34	-0.66	0.57	0.36	0.55	0.27	0.19		0.37	0.64	0.69	0.89	0.41	0.24	0.29	0.65	0.17	-0.09	0.82	0.07
Net Receivables	0.12	-0.11	0.65	0.45	0.11	0.05	-0.48	-0.04	0.07	0.26	0.06	-0.11	-0.21	0.37		0.38	0.42	0.44	-0.11	0.51	0.2	0.38	0.48	0.35	0.51	0.56
Common Stock Total Equity	0.83	0.65	0.43	0.12	0.82	0.51	-0.27	-0.35	0.76	0.35	0.28	0.67	-0.03	0.64	0.38		0.93	0.68	0.43	0.35	0.75	0.93	0.17	0.05	0.65	0.23
Common Stock Shares Outstanding	0.81	0.5	0.43	0.04	0.81	0.48	-0.34	-0.42	0.73	0.25	0.39	0.61	-0.02	0.69	0.42	0.93		0.66	0.32	0.51	0.77	0.99	0.08	0.23	0.72	0.31
Short Term Investments	0.66	0.56	0.31	0.25	0.66	0.21	-0.16	-0.33	0.65	0.46	0.24	0.4	0.31	0.89	0.44	0.68	0.66		0.49	0.14	0.37	0.64	0.24	-0.14	0.76	-0.04
Non Current Liabilities Total	0.46	0.68	-0.09	0.17	0.46	0.15	0.19	-0.04	0.47	0.33	-0.07	0.42	0.19	0.41	-0.11	0.43	0.32	0.49		-0.36	0.35	0.3	0.18	-0.52	0.13	-0.38
Inventory	0.02	-0.43	0.32	-0.06	0.02	0.02	-0.64	-0.48	-0.07	-0.23	0.62	-0.16	-0.17	0.24	0.51	0.35	0.51	0.14	-0.36		0.34	0.47	-0.01	0.89	0.69	0.9
Other Current Assets	0.58	0.45	0.5	0.26	0.58	0.62	-0.05	-0.09	0.49	0.49	0.1	0.53	-0.14	0.29	0.2	0.75	0.77	0.37	0.35	0.34		0.81	0.21	0.14	0.39	0.2
Other Stockholder Equity	0.84	0.53	0.48	0.06	0.84	0.57	-0.25	-0.36	0.77	0.28	0.33	0.67	-0.02	0.65	0.38	0.93	0.99	0.64	0.3	0.47	0.81		0.08	0.21	0.67	0.25
Total Liab	0.02	0.04	0.73	0.89	0.0	0.22	0.11	0.04	-0.03	0.64	-0.07	-0.08	-0.28	0.17	0.48	0.17	0.08	0.24	0.18	-0.01	0.21	0.08		-0.15	0.15	0.2
Property Plant And Equipment Gross	-0.16	-0.63	0.24	-0.14	-0.16	0.09	-0.37	-0.19	-0.23	-0.49	0.37	-0.23	-0.03	-0.09	0.35	0.05	0.23	-0.14	-0.52	0.89	0.14	0.21	-0.15		0.38	0.84
Total Current Assets	0.43	0.12	0.31	0.09	0.42	0.02	-0.55	-0.72	0.37	0.17	0.74	0.12	0.11	0.82	0.51	0.65	0.72	0.76	0.13	0.69	0.39	0.67	0.15	0.38		0.51
Short Term Debt	-0.2	-0.57	0.35	0.1	-0.21	-0.09	-0.62	-0.38	-0.29	-0.19	0.51	-0.36	-0.25	0.07	0.56	0.23	0.31	-0.04	-0.38	0.9	0.2	0.25	0.2	0.84	0.51

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NVE Account Relationship Matchups

NVE fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	72.5M	67.5M	69.3M	66.8M	76.8M	54.1M
Short Long Term Debt Total	731.7K	602.1K	518.7K	355.1K	319.6K	399.0K
Other Current Liab	540.5K	1.4M	1.4M	729.2K	838.6K	761.9K
Total Current Liabilities	1.0M	2.5M	1.8M	1.0M	932.2K	1.1M
Total Stockholder Equity	70.9M	64.6M	67.1M	65.6M	75.4M	52.3M
Property Plant And Equipment Net	1.0M	1.2M	1.8M	1.3M	1.5M	1.6M
Net Debt	(9.7M)	(9.8M)	(1.2M)	(9.9M)	(8.9M)	(8.5M)
Retained Earnings	50.4M	45.6M	48.9M	46.7M	53.8M	34.8M
Accounts Payable	336.6K	943.5K	281.7K	127.2K	146.2K	138.9K
Cash	10.4M	10.4M	1.7M	10.3M	11.8M	12.4M
Non Current Assets Total	48.1M	26.0M	38.5M	33.6M	38.6M	35.1M
Non Currrent Assets Other	(48.1M)	(25.5M)	(37.9M)	1.5M	1.3M	1.4M
Cash And Short Term Investments	18.1M	31.3M	17.2M	22.2M	25.5M	12.8M
Net Receivables	2.0M	4.7M	6.5M	3.1M	3.6M	2.7M
Common Stock Shares Outstanding	4.8M	4.8M	4.8M	4.8M	5.6M	4.3M
Short Term Investments	7.7M	20.8M	15.5M	11.9M	13.7M	11.1M
Liabilities And Stockholders Equity	72.5M	67.5M	69.3M	66.8M	76.8M	54.1M
Non Current Liabilities Total	581.5K	446.0K	342.9K	175.8K	158.2K	150.3K
Inventory	3.9M	5.1M	6.4M	7.2M	8.2M	8.6M
Other Current Assets	782.6K	841.0K	663.5K	689.3K	792.8K	780.0K
Other Stockholder Equity	19.3M	19.3M	19.3M	19.6M	22.5M	17.4M
Total Liab	1.6M	2.9M	2.2M	1.2M	1.1M	1.3M
Property Plant And Equipment Gross	1.0M	606.4K	10.5M	12.7M	14.7M	15.4M
Total Current Assets	24.4M	41.5M	30.8M	33.2M	38.2M	40.1M
Accumulated Other Comprehensive Income	1.1M	(318.1K)	(1.2M)	(777.6K)	(894.3K)	(849.6K)
Short Term Debt	150.3K	156.1K	175.8K	179.4K	161.4K	181.9K
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	47.0M	24.3M	36.1M	30.8M	27.7M	42.6M
Net Invested Capital	70.9M	64.6M	67.1M	65.6M	59.0M	58.9M
Net Working Capital	23.3M	39.0M	29.0M	32.2M	37.0M	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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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 Cash And Cash Equivalents Changes vs Change In Working Capital Analysis

Cash And Cash Equivalents Changes vs Change In Working Capital

Cash And Cash Equivalents Changes vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Cash And Cash Equivalents Changes

Change In Working Capital

NVE fundamental ratios Correlations

NVE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NVE fundamental ratios Accounts

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MAIN CATEGORIES

COMPANY

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
Non Current Assets Total	+ 0.94	Retained Earnings
Non Current Assets Total	+ 0.93	Total Assets

Cash	- 0.97	Net Debt
Total Current Assets	- 0.72	Net Debt
Cash And Short Term Investments	- 0.66	Net Debt
Inventory	- 0.64	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.63	Short Long Term Debt Total
Short Term Debt	- 0.62	Current Deferred Revenue