Nuvve Gross Profit Margin vs Net Profit Margin 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 Gross Profit Margin and its Net Profit Margin 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.
Gross Profit Margin vs Net Profit Margin
Gross Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Gross Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nuvve Holding's Gross Profit Margin and Net Profit Margin is -0.05. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Profit Margin 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 Gross Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Nuvve Holding Corp are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Gross Profit Margin i.e., Nuvve Holding's Gross Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.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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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.