Navitas Net Interest Income vs Reconciled Depreciation 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 Net Interest Income and its Reconciled Depreciation 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.

Net Interest Income vs Reconciled Depreciation

Net Interest Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Net Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have totally related.
The correlation between Navitas Semiconductor's Net Interest Income and Reconciled Depreciation is 1.0. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Reconciled Depreciation 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 Net Interest Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Navitas Semiconductor Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Interest Income i.e., Navitas Semiconductor's Net Interest Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Reconciled Depreciation

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 Profit10.7M11.9M31.1M32.6M
Total Revenue23.7M37.9M79.5M83.4M

Navitas Semiconductor fundamental ratios Correlations

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0.940.890.880.820.430.910.86-0.85-0.960.890.840.810.920.270.840.920.950.630.950.940.930.760.89-0.10.94
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0.90.820.860.890.110.950.98-0.63-0.840.940.590.990.940.310.590.880.880.210.90.780.910.350.660.120.88
0.420.430.140.10.110.40.06-0.82-0.490.10.840.010.260.570.840.210.460.850.370.630.330.820.780.520.49
0.960.910.870.880.950.40.93-0.83-0.940.920.810.920.960.420.810.90.960.480.950.910.940.60.850.220.96
0.870.860.940.960.980.060.93-0.61-0.870.990.570.980.970.160.570.950.860.250.880.760.890.390.65-0.030.85
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-0.9-0.96-0.93-0.92-0.84-0.49-0.94-0.870.89-0.91-0.86-0.81-0.96-0.22-0.86-0.95-0.91-0.63-0.9-0.95-0.89-0.75-0.9-0.11-0.91
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0.830.840.610.590.590.840.810.57-1.0-0.860.610.530.720.551.00.670.860.860.80.930.760.910.990.310.86
0.870.810.860.90.990.010.920.98-0.56-0.810.950.530.930.260.530.880.850.180.890.720.90.320.6-0.020.84
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1.00.950.790.790.880.460.960.86-0.85-0.910.850.860.850.90.510.860.830.550.990.960.990.670.90.111.0
0.50.630.390.340.210.850.480.25-0.86-0.630.340.860.180.430.390.860.450.550.470.660.410.980.820.070.54
1.00.950.80.820.90.370.950.88-0.79-0.90.870.80.890.90.460.80.850.990.470.931.00.610.860.040.99
0.940.940.780.770.780.630.910.76-0.93-0.950.790.930.720.870.420.930.820.960.660.930.920.770.970.20.96
0.990.930.80.820.910.330.940.89-0.76-0.890.870.760.90.90.440.760.840.990.411.00.920.560.830.050.98
0.630.760.520.480.350.820.60.39-0.91-0.750.480.910.320.560.380.910.580.670.980.610.770.560.890.030.66
0.880.890.680.660.660.780.850.65-0.99-0.90.680.990.60.780.530.990.730.90.820.860.970.830.890.260.91
0.11-0.1-0.11-0.090.120.520.22-0.03-0.31-0.11-0.090.31-0.020.050.460.31-0.080.110.070.040.20.050.030.260.16
1.00.940.780.790.880.490.960.85-0.86-0.910.840.860.840.890.520.860.821.00.540.990.960.980.660.910.16
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Navitas Semiconductor Account Relationship Matchups

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