Navitas Gross Profit vs Research Development Analysis
NVTS Stock | USD 2.46 0.09 3.53% |
Navitas Semiconductor financial indicator trend analysis is infinitely more than just investigating Navitas Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navitas Semiconductor is a good investment. Please check the relationship between Navitas Semiconductor Gross Profit and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Gross Profit vs Research Development
Gross Profit vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Gross Profit account and Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navitas Semiconductor's Gross Profit and Research Development is 0.86. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of Navitas Semiconductor Corp, assuming nothing else is changed. The correlation between historical values of Navitas Semiconductor's Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Navitas Semiconductor Corp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Navitas Semiconductor's Gross Profit and Research Development go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Navitas Semiconductor Corp minus its cost of goods sold. It is profit before Navitas Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Research Development
Most indicators from Navitas Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navitas Semiconductor 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 Navitas Semiconductor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Navitas Semiconductor's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.7M | 11.9M | 31.1M | 32.6M | Total Revenue | 23.7M | 37.9M | 79.5M | 83.4M |
Navitas Semiconductor fundamental ratios Correlations
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Navitas Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor's 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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.