| NGI Stock | | | 1.71 0.04 2.40% |
Navigator Global financial indicator trend analysis is infinitely more than just investigating Navigator Global Inv recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navigator Global Inv is a good investment. Please check the relationship between Navigator Global Net Receivables and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Global Investments. 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.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Navigator Global Inv Net Receivables account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navigator Global's Net Receivables and Total Assets is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Navigator Global Investments, assuming nothing else is changed. The correlation between historical values of Navigator Global's Net Receivables and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Navigator Global Investments are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Navigator Global's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Receivables
Total Assets
Total assets refers to the total amount of Navigator Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Navigator Global Inv books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Navigator Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navigator Global Inv 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 Navigator Global Investments. 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.
Selling General Administrative is likely to gain to about 82.4
M in 2025, despite the fact that
Discontinued Operations is likely to grow to (761
K).
Navigator Global fundamental ratios Correlations
Click cells to compare fundamentals
Navigator Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navigator Global fundamental ratios Accounts
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Additional Tools for Navigator Stock Analysis
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measure Navigator Global'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 Navigator Global is operating at the current time. Most of Navigator Global's value examination focuses on studying past and present price action to
predict the probability of Navigator Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Global's price. Additionally, you may evaluate how the addition of Navigator Global to your portfolios can decrease your overall portfolio volatility.