Nuvve Current Deferred Revenue vs Cash Analysis
NVVE Stock | USD 3.32 0.10 3.11% |
Nuvve Holding financial indicator trend analysis is infinitely more than just investigating Nuvve Holding Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuvve Holding Corp is a good investment. Please check the relationship between Nuvve Holding Current Deferred Revenue and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvve Holding 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 real.
Current Deferred Revenue vs Cash
Current Deferred Revenue vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Current Deferred Revenue account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nuvve Holding's Current Deferred Revenue and Cash is 0.58. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash in the same time period over historical financial statements of Nuvve Holding Corp, assuming nothing else is changed. The correlation between historical values of Nuvve Holding's Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Nuvve Holding Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Nuvve Holding's Current Deferred Revenue and Cash go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash
Cash refers to the most liquid asset of Nuvve Holding Corp, which is listed under current asset account on Nuvve Holding Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nuvve Holding customers. The amounts must be unrestricted with restricted cash listed in a different Nuvve Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Nuvve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuvve Holding Corp 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 Nuvve Holding 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 real. As of November 22, 2024, Tax Provision is expected to decline to 720.00. In addition to that, Selling General Administrative is expected to decline to about 21.9 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.9M | 4.9M | 8.3M | 4.6M | Depreciation And Amortization | 236.6K | 289.5K | 396.2K | 283.8K |
Nuvve Holding fundamental ratios Correlations
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Nuvve Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nuvve Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 2.6M | 8.0M | 9.5M | 7.9M | 8.3M | 6.9M | |
Retained Earnings | (15.6M) | (20.5M) | (47.4M) | (117.0M) | (148.2M) | (140.8M) | |
Accounts Payable | 1.5M | 3.0M | 5.7M | 2.4M | 1.7M | 2.8M | |
Net Receivables | 811.8K | 999.9K | 1.9M | 1.1M | 1.7M | 1.4M | |
Other Current Assets | 335.2K | 437.4K | 1.0M | 3.5M | 3.9M | 4.1M | |
Other Stockholder Equity | 17.1M | 19.7M | 126.6M | 144.5M | 155.6M | 85.0M | |
Total Current Assets | 1.7M | 4.8M | 46.8M | 31.8M | 11.4M | 18.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nuvve Holding Corp is a strong investment it is important to analyze Nuvve Holding'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 Nuvve Holding's future performance. For an informed investment choice regarding Nuvve Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvve Holding 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 real. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electrical Components & Equipment 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 Nuvve Holding. If investors know Nuvve 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 Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (390.25) | Revenue Per Share 19.423 | Quarterly Revenue Growth (0.62) | Return On Assets (0.70) | Return On Equity (2.61) |
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding'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 Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding'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 Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding'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.