Nuvve Capex To Depreciation vs Price To Sales Ratio Analysis

NVVEW Stock  USD 0.03  0  18.80%   
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 Capex To Depreciation and its Price To Sales Ratio 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 income.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nuvve Holding's Capex To Depreciation and Price To Sales Ratio is 0.11. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio 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 Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Nuvve Holding Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Nuvve Holding's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Nuvve Holding Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nuvve Holding sales, a figure that is much harder to manipulate than other Nuvve Holding Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 income.
Selling General Administrative is likely to drop to about 17.5 M in 2024. Tax Provision is likely to drop to 720.00 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense585.2K134.6K154.8K286.4K
Depreciation And Amortization236.6K289.5K396.2K283.8K

Nuvve Holding fundamental ratios Correlations

0.590.650.770.960.690.68-0.86-0.470.910.950.970.890.680.940.84-0.23-0.330.680.890.430.750.80.98-0.02-0.6
0.590.840.950.420.880.91-0.24-0.850.50.490.440.250.970.480.75-0.51-0.30.970.820.860.870.950.690.54-0.91
0.650.840.790.510.980.95-0.32-0.920.40.520.540.350.80.50.86-0.560.20.80.850.940.980.910.710.03-0.92
0.770.950.790.620.820.84-0.44-0.750.730.660.680.520.980.650.87-0.48-0.430.980.850.710.850.970.810.52-0.87
0.960.420.510.620.560.54-0.97-0.250.920.990.950.950.490.990.720.04-0.330.490.790.280.620.650.91-0.13-0.38
0.690.880.980.820.560.99-0.39-0.910.450.590.550.350.830.580.8-0.490.070.830.920.950.990.940.790.08-0.91
0.680.910.950.840.540.99-0.37-0.910.450.580.520.320.850.570.77-0.490.00.850.920.950.980.940.780.15-0.92
-0.86-0.24-0.32-0.44-0.97-0.39-0.370.03-0.86-0.96-0.87-0.92-0.29-0.97-0.53-0.270.37-0.29-0.67-0.1-0.44-0.47-0.820.190.15
-0.47-0.85-0.92-0.75-0.25-0.91-0.910.03-0.2-0.27-0.34-0.08-0.83-0.25-0.720.78-0.18-0.83-0.74-0.94-0.89-0.84-0.57-0.160.98
0.910.50.40.730.920.450.45-0.86-0.20.920.930.920.610.920.73-0.03-0.620.610.710.170.520.670.850.23-0.39
0.950.490.520.660.990.590.58-0.96-0.270.920.910.90.531.00.690.08-0.410.530.830.320.640.690.93-0.03-0.4
0.970.440.540.680.950.550.52-0.87-0.340.930.910.960.570.910.83-0.2-0.30.570.760.270.630.680.89-0.09-0.48
0.890.250.350.520.950.350.32-0.92-0.080.920.90.960.370.90.70.05-0.340.370.60.060.440.50.78-0.13-0.23
0.680.970.80.980.490.830.85-0.29-0.830.610.530.570.370.520.84-0.6-0.361.00.810.770.850.960.740.54-0.92
0.940.480.50.650.990.580.57-0.97-0.250.921.00.910.90.520.670.1-0.420.520.820.310.620.680.93-0.04-0.38
0.840.750.860.870.720.80.77-0.53-0.720.730.690.830.70.840.67-0.54-0.090.840.810.660.870.90.80.13-0.82
-0.23-0.51-0.56-0.480.04-0.49-0.49-0.270.78-0.030.08-0.20.05-0.60.1-0.54-0.2-0.6-0.35-0.54-0.51-0.5-0.25-0.130.77
-0.33-0.30.2-0.43-0.330.070.00.37-0.18-0.62-0.41-0.3-0.34-0.36-0.42-0.09-0.2-0.36-0.20.220.05-0.23-0.33-0.720.0
0.680.970.80.980.490.830.85-0.29-0.830.610.530.570.371.00.520.84-0.6-0.360.810.770.850.960.740.54-0.92
0.890.820.850.850.790.920.92-0.67-0.740.710.830.760.60.810.820.81-0.35-0.20.810.760.930.930.960.07-0.81
0.430.860.940.710.280.950.95-0.1-0.940.170.320.270.060.770.310.66-0.540.220.770.760.920.840.550.14-0.9
0.750.870.980.850.620.990.98-0.44-0.890.520.640.630.440.850.620.87-0.510.050.850.930.920.960.820.08-0.92
0.80.950.910.970.650.940.94-0.47-0.840.670.690.680.50.960.680.9-0.5-0.230.960.930.840.960.860.32-0.92
0.980.690.710.810.910.790.78-0.82-0.570.850.930.890.780.740.930.8-0.25-0.330.740.960.550.820.860.03-0.67
-0.020.540.030.52-0.130.080.150.19-0.160.23-0.03-0.09-0.130.54-0.040.13-0.13-0.720.540.070.140.080.320.03-0.27
-0.6-0.91-0.92-0.87-0.38-0.91-0.920.150.98-0.39-0.4-0.48-0.23-0.92-0.38-0.820.770.0-0.92-0.81-0.9-0.92-0.92-0.67-0.27
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Nuvve Holding Account Relationship Matchups

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When running Nuvve Holding's price analysis, check to measure Nuvve Holding'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 Nuvve Holding is operating at the current time. Most of Nuvve Holding's value examination focuses on studying past and present price action to predict the probability of Nuvve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvve Holding's price. Additionally, you may evaluate how the addition of Nuvve Holding to your portfolios can decrease your overall portfolio volatility.