NWTN Interest Coverage vs Roic Analysis

NWTNW Stock   0.05  0  2.44%   
NWTN Warrant financial indicator trend analysis is infinitely more than just investigating NWTN Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NWTN Warrant is a good investment. Please check the relationship between NWTN Warrant Interest Coverage and its Roic accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy NWTN Stock please use our How to Invest in NWTN Warrant guide.

Interest Coverage vs Roic

Interest Coverage vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NWTN Warrant Interest Coverage account and Roic. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NWTN Warrant's Interest Coverage and Roic is 0.44. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Roic in the same time period over historical financial statements of NWTN Warrant, assuming nothing else is changed. The correlation between historical values of NWTN Warrant's Interest Coverage and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of NWTN Warrant are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Interest Coverage i.e., NWTN Warrant's Interest Coverage and Roic go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Coverage

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from NWTN Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NWTN Warrant 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 NWTN Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy NWTN Stock please use our How to Invest in NWTN Warrant guide.At this time, NWTN Warrant's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 483 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (66.71).
 2021 2022 2023 2024 (projected)
Other Operating Expenses10.8M40.4M46.5M48.8M
Depreciation And Amortization16.2K748.6K860.9K903.9K

NWTN Warrant fundamental ratios Correlations

0.670.210.310.93-0.96-0.710.980.910.98-0.660.98-0.860.350.980.560.090.980.70.980.86-0.95-0.940.840.960.96
0.670.570.690.44-0.51-0.860.580.70.58-0.990.58-0.70.710.610.980.320.570.870.580.72-0.55-0.550.730.650.65
0.210.570.98-0.16-0.12-0.640.210.110.21-0.590.21-0.220.970.240.56-0.130.190.650.210.19-0.18-0.220.210.220.22
0.310.690.98-0.06-0.22-0.770.320.190.32-0.70.32-0.381.00.360.68-0.150.30.780.320.36-0.29-0.320.380.350.35
0.930.44-0.16-0.06-0.92-0.450.90.880.9-0.420.9-0.76-0.020.890.330.150.910.430.90.76-0.88-0.860.730.870.87
-0.96-0.51-0.12-0.22-0.920.66-0.98-0.79-0.980.5-0.980.8-0.27-0.98-0.380.12-0.98-0.64-0.98-0.850.980.9-0.81-0.95-0.96
-0.71-0.86-0.64-0.77-0.450.66-0.73-0.53-0.730.85-0.730.83-0.8-0.76-0.830.19-0.72-0.99-0.73-0.840.690.68-0.87-0.8-0.81
0.980.580.210.320.9-0.98-0.730.791.0-0.561.0-0.880.361.00.47-0.131.00.711.00.88-0.97-0.960.860.990.98
0.910.70.110.190.88-0.79-0.530.790.79-0.70.79-0.680.220.790.610.50.790.510.790.67-0.78-0.760.650.770.77
0.980.580.210.320.9-0.98-0.731.00.79-0.561.0-0.880.361.00.47-0.131.00.711.00.88-0.97-0.960.860.990.98
-0.66-0.99-0.59-0.7-0.420.50.85-0.56-0.7-0.56-0.560.67-0.72-0.59-0.98-0.35-0.55-0.84-0.56-0.670.520.52-0.71-0.62-0.63
0.980.580.210.320.9-0.98-0.731.00.791.0-0.56-0.880.361.00.47-0.131.00.711.00.88-0.97-0.960.860.990.98
-0.86-0.7-0.22-0.38-0.760.80.83-0.88-0.68-0.880.67-0.88-0.41-0.89-0.680.16-0.88-0.82-0.88-0.940.790.9-0.97-0.94-0.94
0.350.710.971.0-0.02-0.27-0.80.360.220.36-0.720.36-0.410.390.69-0.150.340.810.360.4-0.33-0.350.410.390.39
0.980.610.240.360.89-0.98-0.761.00.791.0-0.591.0-0.890.390.5-0.141.00.741.00.89-0.97-0.960.870.990.99
0.560.980.560.680.33-0.38-0.830.470.610.47-0.980.47-0.680.690.50.320.460.830.470.66-0.41-0.470.710.560.57
0.090.32-0.13-0.150.150.120.19-0.130.5-0.13-0.35-0.130.16-0.15-0.140.32-0.13-0.19-0.13-0.150.120.13-0.16-0.15-0.15
0.980.570.190.30.91-0.98-0.721.00.791.0-0.551.0-0.880.341.00.46-0.130.71.00.88-0.97-0.960.860.990.98
0.70.870.650.780.43-0.64-0.990.710.510.71-0.840.71-0.820.810.740.83-0.190.70.710.85-0.69-0.670.850.780.79
0.980.580.210.320.9-0.98-0.731.00.791.0-0.561.0-0.880.361.00.47-0.131.00.710.88-0.97-0.960.860.990.98
0.860.720.190.360.76-0.85-0.840.880.670.88-0.670.88-0.940.40.890.66-0.150.880.850.88-0.87-0.820.960.930.94
-0.95-0.55-0.18-0.29-0.880.980.69-0.97-0.78-0.970.52-0.970.79-0.33-0.97-0.410.12-0.97-0.69-0.97-0.870.89-0.79-0.94-0.94
-0.94-0.55-0.22-0.32-0.860.90.68-0.96-0.76-0.960.52-0.960.9-0.35-0.96-0.470.13-0.96-0.67-0.96-0.820.89-0.82-0.96-0.94
0.840.730.210.380.73-0.81-0.870.860.650.86-0.710.86-0.970.410.870.71-0.160.860.850.860.96-0.79-0.820.930.94
0.960.650.220.350.87-0.95-0.80.990.770.99-0.620.99-0.940.390.990.56-0.150.990.780.990.93-0.94-0.960.931.0
0.960.650.220.350.87-0.96-0.810.980.770.98-0.630.98-0.940.390.990.57-0.150.980.790.980.94-0.94-0.940.941.0
Click cells to compare fundamentals

NWTN Warrant Account Relationship Matchups

NWTN Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets139.4M13.9M13.9M350.2M402.7M422.9M
Other Current Liab38.4K190.4M28.5M34.2M39.3M55.7M
Total Current Liabilities38.4K221.9M69.4M63.1M72.6M78.0M
Total Stockholder Equity139.0M(195.4M)(52.5M)280.8M322.9M339.1M
Net Debt(389.4K)23.3M25.4M(189.1M)(170.2M)(161.7M)
Retained Earnings536.2K(239.1M)(251.5M)(292.2M)(263.0M)(249.9M)
Cash389.4K3.3K21.3K211.9M243.6M255.8M
Non Current Assets Total138.8M48.7K33.5K109.9M126.4M132.7M
Cash And Short Term Investments389.4K3.3K21.3K211.9M243.6M255.8M
Liabilities And Stockholders Equity139.4M13.9M13.9M350.2M402.7M422.9M
Total Liab440.9K221.9M69.4M72.0M82.8M80.0M
Total Current Assets591.8K13.8M13.9M240.3M276.3M290.1M

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