Nuvve Capex To Revenue vs Cash Per Share 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 Revenue and its Cash Per Share 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 Revenue vs Cash Per Share
Capex To Revenue vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Capex To Revenue account and Cash Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nuvve Holding's Capex To Revenue and Cash Per Share is 0.28. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cash Per Share 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 Revenue and Cash Per Share 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 Revenue of Nuvve Holding Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Capex To Revenue i.e., Nuvve Holding's Capex To Revenue and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Cash Per Share
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 Expense | 585.2K | 134.6K | 154.8K | 286.4K | 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
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