Nuvve Other Current Liab vs Total Current Liabilities Analysis

NVVEW Stock  USD 0.02  0.01  19.87%   
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 Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nuvve Holding's Other Current Liab and Total Current Liabilities is 0.79. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Nuvve Holding Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Nuvve Holding's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Nuvve Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nuvve Holding Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

Nuvve Holding Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Nuvve Stock Analysis

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.