EnVVeno Total Assets vs Total Current Assets Analysis

NVNO Stock  USD 3.56  0.07  2.01%   
EnVVeno Medical financial indicator trend analysis is much more than just examining enVVeno Medical Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether enVVeno Medical Corp is a good investment. Please check the relationship between EnVVeno Medical Total Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of enVVeno Medical Corp Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between EnVVeno Medical's Total Assets and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of enVVeno Medical Corp, assuming nothing else is changed. The correlation between historical values of EnVVeno Medical's Total Assets and Total Current 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 Total Assets of enVVeno Medical Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., EnVVeno Medical's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of EnVVeno Medical 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 enVVeno Medical Corp 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from EnVVeno Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into enVVeno Medical Corp 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 enVVeno Medical Corp. 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.
As of the 18th of February 2025, Enterprise Value is likely to grow to about 57.7 M, while Selling General Administrative is likely to drop about 9.4 M.
 2022 2024 2025 (projected)
Interest Expense263K236.7K224.9K
Depreciation And Amortization525K253K387.0K

EnVVeno Medical fundamental ratios Correlations

0.11-0.53-0.611.00.87-0.45-0.49-0.91-0.40.50.69-0.321.00.97-0.270.820.96-0.511.0-0.58-0.58-0.35-0.630.98-0.7
0.110.70.650.03-0.020.08-0.120.11-0.130.160.270.580.110.080.450.09-0.040.640.110.710.21-0.20.150.00.41
-0.530.70.99-0.61-0.640.260.330.610.26-0.3-0.280.8-0.54-0.510.62-0.44-0.590.93-0.540.940.62-0.150.45-0.630.77
-0.610.650.99-0.67-0.670.310.330.680.33-0.3-0.290.79-0.61-0.590.62-0.51-0.660.94-0.610.950.65-0.120.47-0.690.78
1.00.03-0.61-0.670.88-0.46-0.49-0.92-0.40.490.66-0.41.00.97-0.350.820.97-0.591.0-0.64-0.63-0.32-0.640.99-0.75
0.87-0.02-0.64-0.670.88-0.3-0.61-0.85-0.220.610.8-0.360.860.8-0.370.840.82-0.60.86-0.62-0.71-0.23-0.70.92-0.79
-0.450.080.260.31-0.46-0.3-0.50.680.10.5-0.110.19-0.45-0.640.33-0.26-0.630.35-0.450.360.440.210.44-0.430.48
-0.49-0.120.330.33-0.49-0.61-0.50.250.11-1.0-0.520.19-0.49-0.260.13-0.59-0.30.27-0.480.270.350.180.32-0.540.36
-0.910.110.610.68-0.92-0.850.680.250.2-0.26-0.610.33-0.91-0.940.38-0.74-0.970.61-0.910.710.680.370.78-0.930.85
-0.4-0.130.260.33-0.4-0.220.10.110.2-0.12-0.060.47-0.4-0.420.08-0.36-0.290.25-0.410.070.01-0.27-0.4-0.28-0.13
0.50.16-0.3-0.30.490.610.5-1.0-0.26-0.120.54-0.160.50.27-0.110.60.3-0.250.49-0.24-0.34-0.19-0.310.55-0.34
0.690.27-0.28-0.290.660.8-0.11-0.52-0.61-0.060.540.140.680.630.180.490.61-0.110.68-0.29-0.26-0.1-0.60.71-0.47
-0.320.580.80.79-0.4-0.360.190.190.330.47-0.160.14-0.33-0.310.82-0.41-0.360.88-0.330.660.59-0.260.0-0.370.46
1.00.11-0.54-0.611.00.86-0.45-0.49-0.91-0.40.50.68-0.330.97-0.280.820.96-0.521.0-0.58-0.58-0.35-0.620.98-0.7
0.970.08-0.51-0.590.970.8-0.64-0.26-0.94-0.420.270.63-0.310.97-0.260.730.98-0.50.97-0.57-0.55-0.33-0.60.94-0.68
-0.270.450.620.62-0.35-0.370.330.130.380.08-0.110.180.82-0.28-0.26-0.44-0.360.85-0.280.590.86-0.10.28-0.360.63
0.820.09-0.44-0.510.820.84-0.26-0.59-0.74-0.360.60.49-0.410.820.73-0.440.75-0.510.82-0.43-0.67-0.47-0.470.82-0.6
0.96-0.04-0.59-0.660.970.82-0.63-0.3-0.97-0.290.30.61-0.360.960.98-0.360.75-0.590.96-0.68-0.64-0.36-0.710.96-0.8
-0.510.640.930.94-0.59-0.60.350.270.610.25-0.25-0.110.88-0.52-0.50.85-0.51-0.59-0.520.90.81-0.120.44-0.610.8
1.00.11-0.54-0.611.00.86-0.45-0.48-0.91-0.410.490.68-0.331.00.97-0.280.820.96-0.52-0.58-0.58-0.35-0.620.98-0.7
-0.580.710.940.95-0.64-0.620.360.270.710.07-0.24-0.290.66-0.58-0.570.59-0.43-0.680.9-0.580.650.020.65-0.680.88
-0.580.210.620.65-0.63-0.710.440.350.680.01-0.34-0.260.59-0.58-0.550.86-0.67-0.640.81-0.580.650.110.65-0.680.85
-0.35-0.2-0.15-0.12-0.32-0.230.210.180.37-0.27-0.19-0.1-0.26-0.35-0.33-0.1-0.47-0.36-0.12-0.350.020.110.42-0.340.24
-0.630.150.450.47-0.64-0.70.440.320.78-0.4-0.31-0.60.0-0.62-0.60.28-0.47-0.710.44-0.620.650.650.42-0.730.89
0.980.0-0.63-0.690.990.92-0.43-0.54-0.93-0.280.550.71-0.370.980.94-0.360.820.96-0.610.98-0.68-0.68-0.34-0.73-0.81
-0.70.410.770.78-0.75-0.790.480.360.85-0.13-0.34-0.470.46-0.7-0.680.63-0.6-0.80.8-0.70.880.850.240.89-0.81
Click cells to compare fundamentals

EnVVeno Medical Account Relationship Matchups

EnVVeno Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.5M57.7M41.7M48.6M55.9M58.7M
Short Long Term Debt Total880.6K2.0M1.7M1.4M1.6M1.6M
Other Current Liab1.1M438.0K254K606K545.4K866.4K
Total Current Liabilities3.2M1.6M1.5M1.4M1.2M2.3M
Total Stockholder Equity7.1M54.4M38.7M46.2M53.1M55.8M
Property Plant And Equipment Net938.9K2.6M2.2M1.7M1.9M1.1M
Net Debt(8.5M)(52.7M)(2.8M)(2.2M)(2.0M)(2.1M)
Retained Earnings(65.3M)(81.9M)(106.5M)(130.0M)(117.0M)(111.2M)
Accounts Payable1.4M560K648K427K384.3K705.3K
Cash9.3M54.7M4.6M3.6M4.2M4.0M
Non Current Assets Total968.8K2.7M2.2M1.7M2.0M1.8M
Cash And Short Term Investments9.3M54.7M39.0M46.4M53.4M56.0M
Common Stock Shares Outstanding1.3M8.7M11.2M12.3M14.1M14.9M
Liabilities And Stockholders Equity10.5M57.7M41.7M48.6M55.9M58.7M
Non Current Liabilities Total253.7K1.7M1.4M1.1M957.6K1.5M
Other Current Assets468.9K624.4K392K511K587.7K304.4K
Other Stockholder Equity72.4M136.3M145.2M176.2M202.7M212.8M
Total Liab3.4M3.3M2.9M2.4M2.2M3.7M
Total Current Assets9.6M55.0M39.4M46.9M54.0M56.7M
Short Term Debt626.9K582.1K628K338K304.2K289.0K
Common Stock117.0179.025.095.085.582.17
Net Tangible Assets989.9K7.1M54.4M38.7M44.5M46.8M
Net Invested Capital7.4M54.4M38.7M46.2M53.1M55.8M
Net Working Capital6.4M53.5M37.9M45.6M52.4M55.0M
Property Plant Equipment1.2M938.9K2.6M521K599.2K968.9K
Capital Lease Obligations567.9K2.0M1.7M1.4M1.6M1.4M
Property Plant And Equipment Gross1.4M3.2M3.0M2.8M3.2M2.6M
When determining whether enVVeno Medical Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnVVeno Medical'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 Envveno Medical Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envveno Medical Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. 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.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Health Care Equipment & Supplies 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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.29)
Return On Assets
(0.37)
Return On Equity
(0.59)
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.