NV5 Good Will vs Total Current Liabilities Analysis
NVEE Stock | USD 21.50 0.31 1.42% |
NV5 Global financial indicator trend analysis is infinitely more than just investigating NV5 Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NV5 Global is a good investment. Please check the relationship between NV5 Global Good Will and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV5 Global. 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. For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NV5 Global Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NV5 Global's Good Will and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of NV5 Global, assuming nothing else is changed. The correlation between historical values of NV5 Global's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of NV5 Global are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., NV5 Global's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Liabilities
Total Current Liabilities is an item on NV5 Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NV5 Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from NV5 Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NV5 Global 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 NV5 Global. 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. For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.At present, NV5 Global's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.40, whereas Enterprise Value Over EBITDA is forecasted to decline to 10.53.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.2M | 3.8M | 13.0M | 13.6M | Depreciation And Amortization | 55.2M | 56.9M | 58.0M | 60.9M |
NV5 Global fundamental ratios Correlations
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NV5 Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NV5 Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 893.1M | 881.2M | 961.9M | 935.7M | 1.2B | 1.3B | |
Short Long Term Debt Total | 392.8M | 307.5M | 131.8M | 54.8M | 254.5M | 267.2M | |
Other Current Liab | 49.4M | 33.9M | 44.9M | 43.7M | 39.6M | 25.7M | |
Total Current Liabilities | 114.4M | 136.2M | 164.0M | 160.9M | 159.4M | 167.4M | |
Total Stockholder Equity | 356.0M | 394.1M | 624.7M | 694.2M | 775.8M | 814.6M | |
Property Plant And Equipment Net | 72.0M | 70.6M | 77.0M | 81.0M | 87.1M | 91.5M | |
Current Deferred Revenue | 3.5M | 25.3M | 31.0M | 31.2M | 41.7M | 43.8M | |
Net Debt | 360.9M | 242.6M | 83.8M | 16.3M | 209.6M | 220.1M | |
Retained Earnings | 104.6M | 125.7M | 172.8M | 222.8M | 267.4M | 280.8M | |
Accounts Payable | 36.1M | 40.0M | 56.0M | 57.8M | 54.9M | 57.6M | |
Cash | 31.8M | 64.9M | 48.0M | 38.5M | 44.8M | 29.5M | |
Non Current Assets Total | 641.9M | 592.3M | 658.0M | 645.0M | 912.1M | 957.7M | |
Non Currrent Assets Other | 4.7M | 3.0M | 2.8M | (4.2M) | 6.0M | 6.3M | |
Cash And Short Term Investments | 31.8M | 64.9M | 48.0M | 38.5M | 44.8M | 29.5M | |
Net Receivables | 210.5M | 217.2M | 243.5M | 238.5M | 265.9M | 279.2M | |
Good Will | 309.2M | 343.8M | 389.9M | 401.0M | 524.6M | 550.8M | |
Common Stock Total Equity | 129K | 133K | 154K | 155K | 178.3K | 99.8K | |
Common Stock Shares Outstanding | 12.5M | 12.7M | 14.7M | 15.3M | 61.9M | 65.0M | |
Liabilities And Stockholders Equity | 893.1M | 881.2M | 961.9M | 935.7M | 1.2B | 1.3B | |
Non Current Liabilities Total | 422.8M | 350.9M | 173.3M | 80.6M | 306.0M | 321.3M | |
Other Current Assets | 8.9M | 6.8M | 12.4M | 13.6M | 18.4M | 19.3M | |
Other Stockholder Equity | 251.2M | 268.3M | 451.8M | 471.3M | 508.3M | 533.7M | |
Total Liab | 537.2M | 487.1M | 337.2M | 241.5M | 465.4M | 488.7M | |
Property Plant And Equipment Gross | 72.0M | 70.6M | 77.0M | 81.0M | 141.8M | 148.8M | |
Total Current Assets | 251.2M | 288.9M | 304.0M | 290.7M | 329.1M | 164.6M | |
Accumulated Other Comprehensive Income | (6.1M) | (10.4M) | (29.3M) | (18K) | (16.2K) | (17.0K) | |
Short Term Debt | 25.3M | 37.4M | 33.6M | 28.3M | 23.2M | 15.9M | |
Intangible Assets | 256.0M | 174.9M | 188.2M | 160.4M | 226.7M | 238.0M | |
Common Stock | 129K | 133K | 154K | 155K | 159K | 105.2K | |
Other Assets | 4.7M | 3.0M | 2.8M | 2.7M | 3.1M | 2.3M | |
Long Term Debt | 332.9M | 283.3M | 111.1M | 39.7M | 205.5M | 215.7M | |
Property Plant Equipment | 72.0M | 70.6M | 77.0M | 81.0M | 93.1M | 97.8M | |
Other Liab | 55.4M | 67.6M | 62.2M | 12.5M | 14.3M | 26.4M | |
Net Tangible Assets | (209.2M) | 394.1M | 46.6M | 694.2M | 798.4M | 838.3M | |
Long Term Debt Total | 332.9M | 283.3M | 111.1M | 39.7M | 45.6M | 43.3M | |
Capital Surpluse | 251.2M | 268.3M | 451.8M | 471.3M | 542.0M | 569.1M | |
Non Current Liabilities Other | 2.0M | 39.8M | 36.8M | 34.0M | 27.1M | 14.7M |
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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 NV5 Global is a strong investment it is important to analyze NV5 Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NV5 Global's future performance. For an informed investment choice regarding NV5 Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NV5 Global. 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. For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Construction & Engineering 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 NV5 Global. If investors know NV5 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 NV5 Global 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 0.286 | Earnings Share 0.54 | Revenue Per Share 14.898 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0278 |
The market value of NV5 Global is measured differently than its book value, which is the value of NV5 that is recorded on the company's balance sheet. Investors also form their own opinion of NV5 Global's value that differs from its market value or its book value, called intrinsic value, which is NV5 Global'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 NV5 Global's market value can be influenced by many factors that don't directly affect NV5 Global'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 NV5 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if NV5 Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NV5 Global'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.