| NRGV Stock | | | USD 1.63 0.01 0.61% |
Energy Vault financial indicator trend analysis is much more than just examining Energy Vault Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Vault Holdings is a good investment. Please check the relationship between Energy Vault Capital Lease Obligations and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Capital Lease Obligations vs Cash And Short Term Investments
Capital Lease Obligations vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Energy Vault Holdings Capital Lease Obligations account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Energy Vault's Capital Lease Obligations and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Energy Vault Holdings, assuming nothing else is changed. The correlation between historical values of Energy Vault's Capital Lease Obligations and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Energy Vault Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Lease Obligations i.e., Energy Vault's Capital Lease Obligations and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Lease Obligations
Energy Vault Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Energy Vault asset purchases. For example, Energy Vault can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Energy Vault control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Energy Vault Holdings balance sheet. This account contains Energy Vault investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Energy Vault Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Energy Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Vault Holdings 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 Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Energy Vault's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.32 in 2025, despite the fact that
Tax Provision is likely to grow to (280.4
K).
Energy Vault fundamental ratios Correlations
Click cells to compare fundamentals
Energy Vault Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Vault fundamental ratios Accounts
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Additional Tools for Energy Stock Analysis
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measure Energy Vault'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 Energy Vault is operating at the current time. Most of Energy Vault's value examination focuses on studying past and present price action to
predict the probability of Energy Vault's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Vault's price. Additionally, you may evaluate how the addition of Energy Vault to your portfolios can decrease your overall portfolio volatility.