Navitas Net Working Capital vs Net Receivables Analysis

NVTS Stock

USD 2.02 0.19 10.38%

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 Working Capital and its Net Receivables 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 Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Net Working Capital account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Navitas Semiconductor's Net Working Capital and Net Receivables is 0.67. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables 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 Working Capital and Net Receivables 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 Working Capital of Navitas Semiconductor Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Working Capital i.e., Navitas Semiconductor's Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

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Net Working Capital

Net Receivables

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

Gross Profit Total Revenue

Navitas Semiconductor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.94	0.78	0.8	0.9	0.42	0.96	0.87	-0.82	-0.9	0.85	0.83	0.87	0.89	0.51	0.83	0.83	1.0	0.5	1.0	0.94	0.99	0.63	0.88	0.11	1.0
Short Long Term Debt Total	0.94		0.89	0.88	0.82	0.43	0.91	0.86	-0.85	-0.96	0.89	0.84	0.81	0.92	0.27	0.84	0.92	0.95	0.63	0.95	0.94	0.93	0.76	0.89	-0.1	0.94
Other Current Liab	0.78	0.89		1.0	0.86	0.14	0.87	0.94	-0.66	-0.93	0.98	0.61	0.86	0.97	-0.07	0.61	1.0	0.79	0.39	0.8	0.78	0.8	0.52	0.68	-0.11	0.78
Total Current Liabilities	0.8	0.88	1.0		0.89	0.1	0.88	0.96	-0.64	-0.92	0.99	0.59	0.9	0.97	-0.05	0.59	0.99	0.79	0.34	0.82	0.77	0.82	0.48	0.66	-0.09	0.79
Total Stockholder Equity	0.9	0.82	0.86	0.89		0.11	0.95	0.98	-0.63	-0.84	0.94	0.59	0.99	0.94	0.31	0.59	0.88	0.88	0.21	0.9	0.78	0.91	0.35	0.66	0.12	0.88
Other Liab	0.42	0.43	0.14	0.1	0.11		0.4	0.06	-0.82	-0.49	0.1	0.84	0.01	0.26	0.57	0.84	0.21	0.46	0.85	0.37	0.63	0.33	0.82	0.78	0.52	0.49
Net Tangible Assets	0.96	0.91	0.87	0.88	0.95	0.4		0.93	-0.83	-0.94	0.92	0.81	0.92	0.96	0.42	0.81	0.9	0.96	0.48	0.95	0.91	0.94	0.6	0.85	0.22	0.96
Property Plant And Equipment Net	0.87	0.86	0.94	0.96	0.98	0.06	0.93		-0.61	-0.87	0.99	0.57	0.98	0.97	0.16	0.57	0.95	0.86	0.25	0.88	0.76	0.89	0.39	0.65	-0.03	0.85
Net Debt	-0.82	-0.85	-0.66	-0.64	-0.63	-0.82	-0.83	-0.61		0.89	-0.65	-1.0	-0.56	-0.76	-0.52	-1.0	-0.72	-0.85	-0.86	-0.79	-0.93	-0.76	-0.91	-0.99	-0.31	-0.86
Retained Earnings	-0.9	-0.96	-0.93	-0.92	-0.84	-0.49	-0.94	-0.87	0.89		-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
Accounts Payable	0.85	0.89	0.98	0.99	0.94	0.1	0.92	0.99	-0.65	-0.91		0.61	0.95	0.98	0.07	0.61	0.98	0.85	0.34	0.87	0.79	0.87	0.48	0.68	-0.09	0.84
Cash	0.83	0.84	0.61	0.59	0.59	0.84	0.81	0.57	-1.0	-0.86	0.61		0.53	0.72	0.55	1.0	0.67	0.86	0.86	0.8	0.93	0.76	0.91	0.99	0.31	0.86
Non Current Assets Total	0.87	0.81	0.86	0.9	0.99	0.01	0.92	0.98	-0.56	-0.81	0.95	0.53		0.93	0.26	0.53	0.88	0.85	0.18	0.89	0.72	0.9	0.32	0.6	-0.02	0.84
Non Currrent Assets Other	0.89	0.92	0.97	0.97	0.94	0.26	0.96	0.97	-0.76	-0.96	0.98	0.72	0.93		0.17	0.72	0.98	0.9	0.43	0.9	0.87	0.9	0.56	0.78	0.05	0.89
Other Assets	0.51	0.27	-0.07	-0.05	0.31	0.57	0.42	0.16	-0.52	-0.22	0.07	0.55	0.26	0.17		0.55	0.02	0.51	0.39	0.46	0.42	0.44	0.38	0.53	0.46	0.52
Cash And Short Term Investments	0.83	0.84	0.61	0.59	0.59	0.84	0.81	0.57	-1.0	-0.86	0.61	1.0	0.53	0.72	0.55		0.67	0.86	0.86	0.8	0.93	0.76	0.91	0.99	0.31	0.86
Net Receivables	0.83	0.92	1.0	0.99	0.88	0.21	0.9	0.95	-0.72	-0.95	0.98	0.67	0.88	0.98	0.02	0.67		0.83	0.45	0.85	0.82	0.84	0.58	0.73	-0.08	0.82
Common Stock Shares Outstanding	1.0	0.95	0.79	0.79	0.88	0.46	0.96	0.86	-0.85	-0.91	0.85	0.86	0.85	0.9	0.51	0.86	0.83		0.55	0.99	0.96	0.99	0.67	0.9	0.11	1.0
Non Current Liabilities Total	0.5	0.63	0.39	0.34	0.21	0.85	0.48	0.25	-0.86	-0.63	0.34	0.86	0.18	0.43	0.39	0.86	0.45	0.55		0.47	0.66	0.41	0.98	0.82	0.07	0.54
Inventory	1.0	0.95	0.8	0.82	0.9	0.37	0.95	0.88	-0.79	-0.9	0.87	0.8	0.89	0.9	0.46	0.8	0.85	0.99	0.47		0.93	1.0	0.61	0.86	0.04	0.99
Other Current Assets	0.94	0.94	0.78	0.77	0.78	0.63	0.91	0.76	-0.93	-0.95	0.79	0.93	0.72	0.87	0.42	0.93	0.82	0.96	0.66	0.93		0.92	0.77	0.97	0.2	0.96
Other Stockholder Equity	0.99	0.93	0.8	0.82	0.91	0.33	0.94	0.89	-0.76	-0.89	0.87	0.76	0.9	0.9	0.44	0.76	0.84	0.99	0.41	1.0	0.92		0.56	0.83	0.05	0.98
Total Liab	0.63	0.76	0.52	0.48	0.35	0.82	0.6	0.39	-0.91	-0.75	0.48	0.91	0.32	0.56	0.38	0.91	0.58	0.67	0.98	0.61	0.77	0.56		0.89	0.03	0.66
Total Current Assets	0.88	0.89	0.68	0.66	0.66	0.78	0.85	0.65	-0.99	-0.9	0.68	0.99	0.6	0.78	0.53	0.99	0.73	0.9	0.82	0.86	0.97	0.83	0.89		0.26	0.91
Short Term Debt	0.11	-0.1	-0.11	-0.09	0.12	0.52	0.22	-0.03	-0.31	-0.11	-0.09	0.31	-0.02	0.05	0.46	0.31	-0.08	0.11	0.07	0.04	0.2	0.05	0.03	0.26		0.16
Common Stock	1.0	0.94	0.78	0.79	0.88	0.49	0.96	0.85	-0.86	-0.91	0.84	0.86	0.84	0.89	0.52	0.86	0.82	1.0	0.54	0.99	0.96	0.98	0.66	0.91	0.16

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Navitas Net Working Capital vs Net Receivables Analysis

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Working Capital

Net Receivables

Navitas Semiconductor fundamental ratios Correlations

Navitas Semiconductor Account Relationship Matchups

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Net Receivables	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Non Currrent Assets Other	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Short Long Term Debt Total
Other Current Assets	- 0.95	Retained Earnings