NVGS Stock | | | USD 15.72 0.08 0.51% |
Navigator Holdings financial indicator trend analysis is infinitely more than just investigating Navigator Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navigator Holdings is a good investment. Please check the relationship between Navigator Holdings Total Assets and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator 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.
For more information on how to buy Navigator Stock please use our
How to Invest in Navigator Holdings guide.
Total Assets vs Common Stock Shares Outstanding
Total Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Navigator Holdings Total Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Navigator Holdings' Total Assets and Common Stock Shares Outstanding is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Navigator Holdings, assuming nothing else is changed. The correlation between historical values of Navigator Holdings' Total Assets and Common Stock Shares Outstanding 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 Assets of Navigator Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Navigator Holdings' Total Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Navigator Holdings 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 Holdings 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Navigator Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navigator 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 Navigator 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.
For more information on how to buy Navigator Stock please use our
How to Invest in Navigator Holdings guide.At this time, Navigator Holdings'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 9.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Navigator Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Navigator Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navigator Holdings fundamental ratios Accounts
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Additional Tools for Navigator Stock Analysis
When running Navigator Holdings' price analysis, check to
measure Navigator Holdings' 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 Holdings is operating at the current time. Most of Navigator Holdings' value examination focuses on studying past and present price action to
predict the probability of Navigator Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Holdings' price. Additionally, you may evaluate how the addition of Navigator Holdings to your portfolios can decrease your overall portfolio volatility.