NeoVolta Total Stockholder Equity vs Short Term Debt Analysis

NEOVW Stock  USD 2.42  0.02  0.83%   
NeoVolta Warrant financial indicator trend analysis is infinitely more than just investigating NeoVolta Warrant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NeoVolta Warrant is a good investment. Please check the relationship between NeoVolta Warrant Total Stockholder Equity and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoVolta 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 real.
For more information on how to buy NeoVolta Stock please use our How to Invest in NeoVolta Warrant guide.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeoVolta Warrant Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NeoVolta Warrant's Total Stockholder Equity and Short Term Debt is -0.17. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of NeoVolta Warrant, assuming nothing else is changed. The correlation between historical values of NeoVolta Warrant's Total Stockholder Equity and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of NeoVolta Warrant are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., NeoVolta Warrant's Total Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Debt

Most indicators from NeoVolta Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeoVolta 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 NeoVolta 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 real.
For more information on how to buy NeoVolta Stock please use our How to Invest in NeoVolta Warrant guide.At this time, NeoVolta Warrant's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.30 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit667.1K688.0K510.3K605.4K
Total Revenue4.5M3.5M2.6M2.8M

NeoVolta Warrant fundamental ratios Correlations

0.590.07-0.080.89-0.07-0.51-0.250.060.060.52-0.420.52-0.060.59-0.091.00.610.570.60.880.750.880.22-0.24-0.24
0.590.690.40.290.67-0.960.16-0.67-0.670.890.120.850.40.920.390.590.90.920.950.830.890.670.68-0.69-0.69
0.070.690.92-0.370.85-0.670.8-0.75-0.750.560.670.70.890.620.920.070.520.60.70.320.320.040.22-0.24-0.24
-0.080.40.92-0.510.66-0.340.96-0.5-0.50.240.730.440.970.321.0-0.080.20.290.460.03-0.01-0.25-0.090.090.09
0.890.29-0.37-0.51-0.39-0.25-0.630.310.310.31-0.690.22-0.480.34-0.530.890.410.330.30.720.630.850.19-0.17-0.17
-0.070.670.850.66-0.39-0.760.52-0.98-0.980.730.710.80.650.70.67-0.070.650.710.650.350.410.150.36-0.35-0.35
-0.51-0.96-0.67-0.34-0.25-0.76-0.130.790.79-0.96-0.15-0.9-0.32-0.97-0.34-0.51-0.96-0.98-0.92-0.82-0.89-0.69-0.670.650.65
-0.250.160.80.96-0.630.52-0.13-0.36-0.360.020.670.230.890.110.95-0.25-0.030.090.23-0.2-0.25-0.45-0.260.250.25
0.06-0.67-0.75-0.50.31-0.980.79-0.361.0-0.78-0.62-0.8-0.5-0.73-0.510.06-0.7-0.75-0.64-0.4-0.47-0.24-0.430.420.42
0.06-0.67-0.75-0.50.31-0.980.79-0.361.0-0.78-0.62-0.8-0.5-0.73-0.510.06-0.7-0.75-0.64-0.4-0.47-0.24-0.430.420.42
0.520.890.560.240.310.73-0.960.02-0.78-0.780.180.920.260.980.240.520.990.980.910.840.90.750.63-0.5-0.5
-0.420.120.670.73-0.690.71-0.150.67-0.62-0.620.180.390.810.120.75-0.420.060.090.17-0.15-0.2-0.35-0.210.210.21
0.520.850.70.440.220.8-0.90.23-0.8-0.80.920.390.480.90.450.520.890.910.840.820.760.670.34-0.37-0.37
-0.060.40.890.97-0.480.65-0.320.89-0.5-0.50.260.810.480.310.98-0.060.20.260.460.070.01-0.21-0.10.110.11
0.590.920.620.320.340.7-0.970.11-0.73-0.730.980.120.90.310.310.590.990.990.950.850.90.740.62-0.49-0.49
-0.090.390.921.0-0.530.67-0.340.95-0.51-0.510.240.750.450.980.31-0.090.190.290.450.02-0.02-0.26-0.090.090.09
1.00.590.07-0.080.89-0.07-0.51-0.250.060.060.52-0.420.52-0.060.59-0.090.610.570.60.880.750.880.22-0.24-0.24
0.610.90.520.20.410.65-0.96-0.03-0.7-0.70.990.060.890.20.990.190.610.980.920.880.940.80.65-0.52-0.52
0.570.920.60.290.330.71-0.980.09-0.75-0.750.980.090.910.260.990.290.570.980.920.850.90.740.62-0.53-0.53
0.60.950.70.460.30.65-0.920.23-0.64-0.640.910.170.840.460.950.450.60.920.920.790.870.650.64-0.47-0.47
0.880.830.320.030.720.35-0.82-0.2-0.4-0.40.84-0.150.820.070.850.020.880.880.850.790.930.960.43-0.47-0.47
0.750.890.32-0.010.630.41-0.89-0.25-0.47-0.470.9-0.20.760.010.9-0.020.750.940.90.870.930.90.73-0.64-0.64
0.880.670.04-0.250.850.15-0.69-0.45-0.24-0.240.75-0.350.67-0.210.74-0.260.880.80.740.650.960.90.43-0.43-0.43
0.220.680.22-0.090.190.36-0.67-0.26-0.43-0.430.63-0.210.34-0.10.62-0.090.220.650.620.640.430.730.43-0.8-0.8
-0.24-0.69-0.240.09-0.17-0.350.650.250.420.42-0.50.21-0.370.11-0.490.09-0.24-0.52-0.53-0.47-0.47-0.64-0.43-0.81.0
-0.24-0.69-0.240.09-0.17-0.350.650.250.420.42-0.50.21-0.370.11-0.490.09-0.24-0.52-0.53-0.47-0.47-0.64-0.43-0.81.0
Click cells to compare fundamentals

NeoVolta Warrant Account Relationship Matchups

NeoVolta Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.3M4.1M6.5M4.7M4.8M
Other Current Liab21.6K40.7K180.8K39.5K55.8K64.1K
Total Current Liabilities25.3K94.2K1.5M39.5K61.1K58.0K
Total Stockholder Equity3.3M3.1M2.6M6.5M4.6M4.5M
Net Debt(1.3M)(406.4K)791.3K(2.0M)(986.4K)(1.0M)
Retained Earnings(2.4M)(10.0M)(15.8M)(18.4M)(20.7M)(19.7M)
Accounts Payable3.7K53.5K205.6K0.05.3K5.1K
Cash1.3M425.7K330.4K2.0M986.4K1.1M
Cash And Short Term Investments1.3M425.7K330.4K2.0M986.4K1.1M
Common Stock Shares Outstanding12.4M17.9M20.6M32.0M33.2M22.0M
Liabilities And Stockholders Equity3.4M3.3M4.1M6.5M4.7M4.8M
Inventory1.6M1.7M2.2M2.6M1.8M2.0M
Other Current Assets150.0K45.9K478.0K96.1K76.8K73.0K
Other Stockholder Equity5.7M13.2M18.4M24.9M25.3M17.0M
Total Liab69.3K113.6K1.5M39.5K61.1K58.0K
Total Current Assets3.4M3.3M4.1M6.5M4.7M4.8M
Common Stock14.4K19.6K22.0K33.2K33.2K24.6K

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