NVE Total Assets vs Net Debt Analysis
| NVEC Stock | USD 78.42 2.84 3.76% |
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 Total Assets and its Net Debt 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.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Total Assets account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NVE's Total Assets and Net Debt is -0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of NVE Corporation are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., NVE's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.17 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of NVE assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NVE Corporation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.