Navitas Current Deferred Revenue vs Capex To 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 Current Deferred Revenue and its Capex To 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.

Current Deferred Revenue vs Capex To Revenue

Current Deferred Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Current Deferred Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Navitas Semiconductor's Current Deferred Revenue and Capex To Revenue is -0.03. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To 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 Current Deferred Revenue and Capex To 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 Current Deferred Revenue of Navitas Semiconductor Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., Navitas Semiconductor's Current Deferred Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 Profit10.7M11.9M31.1M32.6M
Total Revenue23.7M37.9M79.5M83.4M

Navitas Semiconductor fundamental ratios Correlations

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0.420.430.140.10.110.40.06-0.82-0.490.10.840.010.260.570.840.210.460.850.370.630.330.820.780.520.49
0.960.910.870.880.950.40.93-0.83-0.940.920.810.920.960.420.810.90.960.480.950.910.940.60.850.220.96
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1.00.950.790.790.880.460.960.86-0.85-0.910.850.860.850.90.510.860.830.550.990.960.990.670.90.111.0
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0.630.760.520.480.350.820.60.39-0.91-0.750.480.910.320.560.380.910.580.670.980.610.770.560.890.030.66
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1.00.940.780.790.880.490.960.85-0.86-0.910.840.860.840.890.520.860.821.00.540.990.960.980.660.910.16
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