NVE Retained Earnings vs Long Term Investments 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 Retained Earnings and its Long Term Investments 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.
Retained Earnings vs Long Term Investments
Retained Earnings vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Retained Earnings account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NVE's Retained Earnings and Long Term Investments is 0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments 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 Retained Earnings and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of NVE Corporation are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., NVE's Retained Earnings and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Long Term Investments
Long Term Investments is an item on the asset side of NVE balance sheet that represents investments NVE Corporation intends to hold for over a year. NVE Corporation long term investments may include different instruments such as stocks, bonds, real estate and cash.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 |
NVE fundamental ratios Correlations
Click cells to compare fundamentals
NVE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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.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: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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 4 | 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.