NV5 Other Non Cash Items vs Change To Inventory Analysis

NVEE Stock  USD 22.11  0.61  2.84%   
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 Other Non Cash Items and its Change To Inventory 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.

Other Non Cash Items vs Change To Inventory

Other Non Cash Items vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NV5 Global Other Non Cash Items account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NV5 Global's Other Non Cash Items and Change To Inventory is -0.69. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory 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 Other Non Cash Items and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of NV5 Global are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Other Non Cash Items i.e., NV5 Global's Other Non Cash Items and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Other Non Cash Items

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 0.42, whereas Enterprise Value Over EBITDA is forecasted to decline to 10.50.
 2021 2022 2023 2024 (projected)
Interest Expense6.2M3.8M13.0M13.6M
Depreciation And Amortization55.2M56.9M58.0M60.9M

NV5 Global fundamental ratios Correlations

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0.660.510.240.540.670.580.720.50.730.550.230.690.230.570.690.330.60.55-0.280.760.630.480.80.330.17
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0.851.00.750.780.690.850.630.980.70.740.650.850.550.650.820.810.630.63-0.530.730.680.980.820.740.74
-0.59-0.51-0.56-0.6-0.56-0.59-0.53-0.51-0.56-0.59-0.28-0.6-0.28-0.28-0.6-0.59-0.41-0.52-0.53-0.54-0.55-0.58-0.54-0.54-0.54
0.960.680.740.930.970.950.950.640.980.950.580.970.760.580.920.980.720.920.73-0.540.960.790.980.780.68
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0.890.710.950.920.850.880.760.640.820.910.890.860.330.890.930.870.960.810.74-0.540.780.870.850.770.95
0.830.710.910.890.770.840.690.640.720.860.910.80.170.910.880.80.860.770.74-0.540.680.790.860.680.95
Click cells to compare fundamentals

NV5 Global Account Relationship Matchups

NV5 Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets893.1M881.2M961.9M935.7M1.2B1.3B
Short Long Term Debt Total392.8M307.5M131.8M54.8M254.5M267.2M
Other Current Liab49.4M33.9M44.9M43.7M39.6M25.7M
Total Current Liabilities114.4M136.2M164.0M160.9M159.4M167.4M
Total Stockholder Equity356.0M394.1M624.7M694.2M775.8M814.6M
Property Plant And Equipment Net72.0M70.6M77.0M81.0M87.1M91.5M
Current Deferred Revenue3.5M25.3M31.0M31.2M41.7M43.8M
Net Debt360.9M242.6M83.8M16.3M209.6M220.1M
Retained Earnings104.6M125.7M172.8M222.8M267.4M280.8M
Accounts Payable36.1M40.0M56.0M57.8M54.9M57.6M
Cash31.8M64.9M48.0M38.5M44.8M29.5M
Non Current Assets Total641.9M592.3M658.0M645.0M912.1M957.7M
Non Currrent Assets Other4.7M3.0M2.8M(4.2M)73.8M77.4M
Cash And Short Term Investments31.8M64.9M48.0M38.5M44.8M29.5M
Net Receivables210.5M217.2M243.5M238.5M265.9M279.2M
Good Will309.2M343.8M389.9M401.0M524.6M550.8M
Common Stock Total Equity129K133K154K155K178.3K99.8K
Common Stock Shares Outstanding12.5M50.9M58.6M61.0M61.9M65.0M
Liabilities And Stockholders Equity893.1M881.2M961.9M935.7M1.2B1.3B
Non Current Liabilities Total422.8M350.9M173.3M80.6M306.0M321.3M
Other Current Assets8.9M6.8M12.4M13.6M18.4M19.3M
Other Stockholder Equity251.2M268.3M451.8M471.3M508.3M533.7M
Total Liab537.2M487.1M337.2M241.5M394.8M414.5M
Property Plant And Equipment Gross72.0M70.6M77.0M81.0M141.8M148.8M
Total Current Assets251.2M288.9M304.0M290.7M329.1M164.6M
Accumulated Other Comprehensive Income(6.1M)(10.4M)(29.3M)(18K)(16.2K)(17.0K)
Short Term Debt25.3M37.4M33.6M28.3M23.2M15.9M
Intangible Assets256.0M174.9M188.2M160.4M226.7M238.0M
Common Stock129K133K154K155K159K105.2K
Other Assets4.7M3.0M2.8M2.7M3.1M2.3M
Long Term Debt332.9M283.3M111.1M39.7M205.5M215.7M
Property Plant Equipment72.0M70.6M77.0M81.0M93.1M97.8M
Other Liab55.4M67.6M62.2M12.5M14.3M26.4M
Net Tangible Assets(209.2M)394.1M46.6M694.2M798.4M838.3M
Long Term Debt Total332.9M283.3M111.1M39.7M45.6M43.3M
Capital Surpluse251.2M268.3M451.8M471.3M542.0M569.1M
Non Current Liabilities Other2.0M39.8M36.8M34.0M27.1M14.7M

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.