NVE Accounts Payable vs Net Debt Analysis

NVEC Stock  USD 77.09  0.25  0.33%   
NVE financial indicator trend analysis is infinitely more than just investigating NVE Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVE Corporation is a good investment. Please check the relationship between NVE Accounts Payable and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. 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.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NVE's Accounts Payable and Net Debt is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of NVE Corporation, assuming nothing else is changed. The correlation between historical values of NVE's Accounts Payable and Net 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 Accounts Payable of NVE Corporation are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., NVE's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents NVE obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NVE Corporation are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from NVE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVE Corporation 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 NVE Corporation. 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.
At present, NVE's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M1.4M1.7M1.4M
Depreciation And Amortization425.0K257.6K308.1K292.7K

NVE fundamental ratios Correlations

0.870.330.051.00.660.16-0.170.990.290.120.930.230.610.120.850.830.660.480.080.590.860.01-0.160.59-0.2
0.870.11-0.050.870.50.18-0.030.870.39-0.030.840.140.52-0.060.740.660.590.64-0.260.530.69-0.06-0.540.45-0.53
0.330.110.80.310.630.090.10.260.53-0.090.25-0.160.190.650.450.440.32-0.090.380.50.480.750.280.330.36
0.05-0.050.80.030.320.250.130.010.7-0.13-0.040.00.160.50.130.10.250.110.070.290.110.89-0.010.220.17
1.00.870.310.030.660.16-0.170.990.270.120.940.240.60.110.850.830.660.480.070.580.860.0-0.170.59-0.21
0.660.50.630.320.660.490.30.640.21-0.320.770.130.010.050.530.510.210.150.060.630.590.220.130.05-0.08
0.160.180.090.250.160.490.50.220.06-0.540.380.33-0.31-0.46-0.26-0.31-0.170.14-0.64-0.04-0.220.07-0.32-0.41-0.6
-0.17-0.030.10.13-0.170.30.5-0.14-0.01-0.990.050.02-0.63-0.01-0.32-0.39-0.33-0.09-0.47-0.08-0.330.0-0.12-0.58-0.38
0.990.870.260.010.990.640.22-0.140.250.070.940.30.590.070.790.770.650.47-0.010.50.8-0.04-0.220.56-0.29
0.290.390.530.70.270.210.06-0.010.25-0.020.16-0.030.420.310.390.330.470.28-0.10.520.350.62-0.450.42-0.15
0.12-0.03-0.09-0.130.12-0.32-0.54-0.990.07-0.02-0.1-0.060.590.030.30.360.290.070.510.070.30.020.170.550.43
0.930.840.25-0.040.940.770.380.050.940.16-0.10.240.3-0.10.710.660.40.4-0.090.550.72-0.11-0.180.27-0.34
0.230.14-0.160.00.240.130.330.020.3-0.03-0.060.240.19-0.22-0.03-0.020.310.2-0.23-0.14-0.02-0.28-0.060.09-0.26
0.610.520.190.160.60.01-0.31-0.630.590.420.590.30.190.360.660.680.910.490.250.280.630.22-0.190.970.03
0.12-0.060.650.50.110.05-0.46-0.010.070.310.03-0.1-0.220.360.390.410.45-0.080.580.190.370.520.370.550.55
0.850.740.450.130.850.53-0.26-0.320.790.390.30.71-0.030.660.390.980.70.470.430.770.970.180.040.70.17
0.830.660.440.10.830.51-0.31-0.390.770.330.360.66-0.020.680.410.980.690.420.530.780.990.140.160.750.27
0.660.590.320.250.660.21-0.17-0.330.650.470.290.40.310.910.450.70.690.50.220.370.660.23-0.140.89-0.03
0.480.64-0.090.110.480.150.14-0.090.470.280.070.40.20.49-0.080.470.420.5-0.240.40.390.13-0.440.4-0.33
0.08-0.260.380.070.070.06-0.64-0.47-0.01-0.10.51-0.09-0.230.250.580.430.530.22-0.240.370.480.140.830.410.92
0.590.530.50.290.580.63-0.04-0.080.50.520.070.55-0.140.280.190.770.780.370.40.370.810.230.120.340.19
0.860.690.480.110.860.59-0.22-0.330.80.350.30.72-0.020.630.370.970.990.660.390.480.810.140.140.70.22
0.01-0.060.750.890.00.220.070.0-0.040.620.02-0.11-0.280.220.520.180.140.230.130.140.230.14-0.030.290.26
-0.16-0.540.28-0.01-0.170.13-0.32-0.12-0.22-0.450.17-0.18-0.06-0.190.370.040.16-0.14-0.440.830.120.14-0.03-0.030.86
0.590.450.330.220.590.05-0.41-0.580.560.420.550.270.090.970.550.70.750.890.40.410.340.70.29-0.030.21
-0.2-0.530.360.17-0.21-0.08-0.6-0.38-0.29-0.150.43-0.34-0.260.030.550.170.27-0.03-0.330.920.190.220.260.860.21
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NVE Account Relationship Matchups

NVE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.5M72.5M67.5M69.3M66.8M54.1M
Other Current Liab482.1K540.5K1.4M1.4M729.2K761.9K
Total Current Liabilities796.2K1.0M2.5M1.8M1.0M1.1M
Total Stockholder Equity78.0M70.9M64.6M67.1M65.6M52.3M
Property Plant And Equipment Net1.4M1.0M1.2M1.8M1.3M1.6M
Net Debt(7.2M)(9.7M)(9.8M)(1.2M)(9.9M)(9.4M)
Retained Earnings58.0M50.4M45.6M48.9M46.7M34.8M
Accounts Payable187.0K336.6K943.5K281.7K127.2K120.8K
Cash8.1M10.4M10.4M1.7M10.3M10.8M
Non Current Assets Total45.1M48.1M26.0M38.5M33.6M35.1M
Non Currrent Assets Other(45.0M)(48.1M)(25.5M)(37.9M)1.5M1.5M
Cash And Short Term Investments27.2M18.1M31.3M17.2M22.2M12.8M
Net Receivables2.7M2.0M4.7M6.5M3.1M2.7M
Common Stock Shares Outstanding4.8M4.8M4.8M4.8M4.8M4.3M
Short Term Investments19.1M7.7M20.8M15.5M11.9M11.1M
Liabilities And Stockholders Equity79.5M72.5M67.5M69.3M66.8M54.1M
Non Current Liabilities Total706.6K581.5K446.0K342.9K175.8K167.0K
Inventory3.9M3.9M5.1M6.4M7.2M7.5M
Other Current Assets655.8K782.6K841.0K663.5K689.3K780.0K
Other Stockholder Equity19.4M19.3M19.3M19.3M19.6M17.4M
Total Liab1.5M1.6M2.9M2.2M1.2M1.3M
Property Plant And Equipment Gross1.4M1.0M606.4K10.5M12.7M13.4M
Total Current Assets34.4M24.4M41.5M30.8M33.2M19.1M
Accumulated Other Comprehensive Income516.5K1.1M(318.1K)(1.2M)(777.6K)(738.8K)
Property Plant Equipment582.5K336.7K606.4K2.0M1.8M1.2M
Net Tangible Assets78.0M70.9M64.6M67.1M60.4M68.6M
Other Assets353.7K108.1K73.5K483.5K556.0K583.8K
Retained Earnings Total Equity58.0M50.4M45.6M48.9M44.1M52.4M
Capital Surpluse19.4M19.3M19.3M19.3M17.4M15.9M
Long Term Investments43.6M47.0M24.3M36.1M30.8M42.6M
Net Invested Capital78.0M70.9M64.6M67.1M65.6M58.9M
Net Working Capital33.6M23.3M39.0M29.0M32.2M33.8M

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When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. 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.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVE. If investors know NVE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
4
Earnings Share
3.33
Revenue Per Share
5.665
Quarterly Revenue Growth
(0.05)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVE's market value can be influenced by many factors that don't directly affect NVE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.