Nuvve Depreciation And Amortization vs Ebitda Analysis

NVVEW Stock  USD 0.02  0  16.32%   
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 Depreciation And Amortization and its Ebitda 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.

Depreciation And Amortization vs Ebitda

Depreciation And Amortization vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Depreciation And Amortization account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Nuvve Holding's Depreciation And Amortization and Ebitda is -0.84. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebitda 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 Depreciation And Amortization and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Nuvve Holding Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Depreciation And Amortization i.e., Nuvve Holding's Depreciation And Amortization and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Ebitda

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

0.590.650.770.960.690.68-0.86-0.470.910.950.950.880.680.940.84-0.23-0.330.680.890.430.750.80.98-0.02-0.6
0.590.840.950.420.880.91-0.24-0.850.50.490.380.230.970.480.75-0.51-0.30.970.820.860.870.950.710.54-0.91
0.650.840.790.510.980.95-0.32-0.920.40.520.480.320.80.50.86-0.560.20.80.850.940.980.910.730.03-0.92
0.770.950.790.620.820.84-0.44-0.750.730.660.610.50.980.650.87-0.48-0.430.980.850.710.850.970.820.52-0.87
0.960.420.510.620.560.54-0.97-0.250.920.990.980.950.490.990.720.04-0.330.490.790.280.620.650.91-0.13-0.38
0.690.880.980.820.560.99-0.39-0.910.450.590.50.330.830.580.8-0.490.070.830.920.950.990.940.80.08-0.91
0.680.910.950.840.540.99-0.37-0.910.450.580.460.290.850.570.77-0.490.00.850.920.950.980.940.80.15-0.92
-0.86-0.24-0.32-0.44-0.97-0.39-0.370.03-0.86-0.96-0.93-0.93-0.29-0.97-0.53-0.270.37-0.29-0.67-0.1-0.44-0.47-0.810.190.15
-0.47-0.85-0.92-0.75-0.25-0.91-0.910.03-0.2-0.27-0.22-0.04-0.83-0.25-0.720.78-0.18-0.83-0.74-0.94-0.89-0.84-0.59-0.160.98
0.910.50.40.730.920.450.45-0.86-0.20.920.940.920.610.920.73-0.03-0.620.610.710.170.520.670.850.23-0.39
0.950.490.520.660.990.590.58-0.96-0.270.920.940.90.531.00.690.08-0.410.530.830.320.640.690.93-0.03-0.4
0.950.380.480.610.980.50.46-0.93-0.220.940.940.980.480.940.77-0.03-0.320.480.720.210.570.620.86-0.11-0.37
0.880.230.320.50.950.330.29-0.93-0.040.920.90.980.350.90.670.09-0.350.350.580.030.420.480.76-0.13-0.2
0.680.970.80.980.490.830.85-0.29-0.830.610.530.480.350.520.84-0.6-0.361.00.810.770.850.960.750.54-0.92
0.940.480.50.650.990.580.57-0.97-0.250.921.00.940.90.520.670.1-0.420.520.820.310.620.680.92-0.04-0.38
0.840.750.860.870.720.80.77-0.53-0.720.730.690.770.670.840.67-0.54-0.090.840.810.660.870.90.820.13-0.82
-0.23-0.51-0.56-0.480.04-0.49-0.49-0.270.78-0.030.08-0.030.09-0.60.1-0.54-0.2-0.6-0.35-0.54-0.51-0.5-0.27-0.130.77
-0.33-0.30.2-0.43-0.330.070.00.37-0.18-0.62-0.41-0.32-0.35-0.36-0.42-0.09-0.2-0.36-0.20.220.05-0.23-0.32-0.720.0
0.680.970.80.980.490.830.85-0.29-0.830.610.530.480.351.00.520.84-0.6-0.360.810.770.850.960.750.54-0.92
0.890.820.850.850.790.920.92-0.67-0.740.710.830.720.580.810.820.81-0.35-0.20.810.760.930.930.960.07-0.81
0.430.860.940.710.280.950.95-0.1-0.940.170.320.210.030.770.310.66-0.540.220.770.760.920.840.570.14-0.9
0.750.870.980.850.620.990.98-0.44-0.890.520.640.570.420.850.620.87-0.510.050.850.930.920.960.830.08-0.92
0.80.950.910.970.650.940.94-0.47-0.840.670.690.620.480.960.680.9-0.5-0.230.960.930.840.960.870.32-0.92
0.980.710.730.820.910.80.8-0.81-0.590.850.930.860.760.750.920.82-0.27-0.320.750.960.570.830.870.03-0.69
-0.020.540.030.52-0.130.080.150.19-0.160.23-0.03-0.11-0.130.54-0.040.13-0.13-0.720.540.070.140.080.320.03-0.27
-0.6-0.91-0.92-0.87-0.38-0.91-0.920.150.98-0.39-0.4-0.37-0.2-0.92-0.38-0.820.770.0-0.92-0.81-0.9-0.92-0.92-0.69-0.27
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Nuvve Holding Account Relationship Matchups

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