NVGS Stock | | | USD 15.72 0.08 0.51% |
Navigator Holdings financial indicator trend analysis is infinitely more than just investigating Navigator Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navigator Holdings is a good investment. Please check the relationship between Navigator Holdings Cost Of Revenue and its Minority Interest accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Navigator Stock please use our
How to Invest in Navigator Holdings guide.
Cost Of Revenue vs Minority Interest
Cost Of Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Navigator Holdings Cost Of Revenue account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Navigator Holdings' Cost Of Revenue and Minority Interest is -0.44. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Navigator Holdings, assuming nothing else is changed. The correlation between historical values of Navigator Holdings' Cost Of Revenue and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Navigator Holdings are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Cost Of Revenue i.e., Navigator Holdings' Cost Of Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Navigator Holdings income statement and represents the costs associated with goods and services Navigator Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Navigator Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Navigator Holdings have a minority interest in Navigator Holdings.
Most indicators from Navigator Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navigator Holdings 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 Navigator Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Navigator Stock please use our
How to Invest in Navigator Holdings guide.At this time, Navigator Holdings'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 9.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Navigator Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Navigator Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navigator Holdings fundamental ratios Accounts
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Additional Tools for Navigator Stock Analysis
When running Navigator Holdings' price analysis, check to
measure Navigator Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Navigator Holdings is operating at the current time. Most of Navigator Holdings' value examination focuses on studying past and present price action to
predict the probability of Navigator Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Holdings' price. Additionally, you may evaluate how the addition of Navigator Holdings to your portfolios can decrease your overall portfolio volatility.