Navitas Cost Of Revenue vs Ebit Per Revenue Analysis
NVTS Stock | USD 3.38 0.12 3.68% |
Navitas Semiconductor financial indicator trend analysis is infinitely more than just investigating Navitas Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navitas Semiconductor is a good investment. Please check the relationship between Navitas Semiconductor Cost Of Revenue and its Ebit Per Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor 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 estimate.
Cost Of Revenue vs Ebit Per Revenue
Cost Of Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Cost Of Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navitas Semiconductor's Cost Of Revenue and Ebit Per Revenue is 0.82. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Navitas Semiconductor Corp, assuming nothing else is changed. The correlation between historical values of Navitas Semiconductor's Cost Of Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Navitas Semiconductor Corp are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Navitas Semiconductor's Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Navitas Semiconductor income statement and represents the costs associated with goods and services Navitas Semiconductor provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Ebit Per Revenue
Most indicators from Navitas Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navitas Semiconductor 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 Navitas Semiconductor 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 estimate. At this time, Navitas Semiconductor's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.7M | 11.9M | 31.1M | 32.6M | Total Revenue | 23.7M | 37.9M | 79.5M | 83.4M |
Navitas Semiconductor fundamental ratios Correlations
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Navitas Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.