Navitas Net Income vs Net Income Per Share 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 Net Income and its Net Income Per Share 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.

Net Income vs Net Income Per Share

Net Income vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Net Income account and Net Income Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Navitas Semiconductor's Net Income and Net Income Per Share is 0.37. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per Share 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 Net Income and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Navitas Semiconductor Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Net Income i.e., Navitas Semiconductor's Net Income and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Navitas Semiconductor financial statement analysis. It represents the amount of money remaining after all of Navitas Semiconductor Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per Share

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

0.940.780.80.90.420.960.87-0.82-0.90.850.830.870.890.510.830.831.00.51.00.940.990.630.880.111.0
0.940.890.880.820.430.910.86-0.85-0.960.890.840.810.920.270.840.920.950.630.950.940.930.760.89-0.10.94
0.780.891.00.860.140.870.94-0.66-0.930.980.610.860.97-0.070.611.00.790.390.80.780.80.520.68-0.110.78
0.80.881.00.890.10.880.96-0.64-0.920.990.590.90.97-0.050.590.990.790.340.820.770.820.480.66-0.090.79
0.90.820.860.890.110.950.98-0.63-0.840.940.590.990.940.310.590.880.880.210.90.780.910.350.660.120.88
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
0.870.860.940.960.980.060.93-0.61-0.870.990.570.980.970.160.570.950.860.250.880.760.890.390.65-0.030.85
-0.82-0.85-0.66-0.64-0.63-0.82-0.83-0.610.89-0.65-1.0-0.56-0.76-0.52-1.0-0.72-0.85-0.86-0.79-0.93-0.76-0.91-0.99-0.31-0.86
-0.9-0.96-0.93-0.92-0.84-0.49-0.94-0.870.89-0.91-0.86-0.81-0.96-0.22-0.86-0.95-0.91-0.63-0.9-0.95-0.89-0.75-0.9-0.11-0.91
0.850.890.980.990.940.10.920.99-0.65-0.910.610.950.980.070.610.980.850.340.870.790.870.480.68-0.090.84
0.830.840.610.590.590.840.810.57-1.0-0.860.610.530.720.551.00.670.860.860.80.930.760.910.990.310.86
0.870.810.860.90.990.010.920.98-0.56-0.810.950.530.930.260.530.880.850.180.890.720.90.320.6-0.020.84
0.890.920.970.970.940.260.960.97-0.76-0.960.980.720.930.170.720.980.90.430.90.870.90.560.780.050.89
0.510.27-0.07-0.050.310.570.420.16-0.52-0.220.070.550.260.170.550.020.510.390.460.420.440.380.530.460.52
0.830.840.610.590.590.840.810.57-1.0-0.860.611.00.530.720.550.670.860.860.80.930.760.910.990.310.86
0.830.921.00.990.880.210.90.95-0.72-0.950.980.670.880.980.020.670.830.450.850.820.840.580.73-0.080.82
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
0.50.630.390.340.210.850.480.25-0.86-0.630.340.860.180.430.390.860.450.550.470.660.410.980.820.070.54
1.00.950.80.820.90.370.950.88-0.79-0.90.870.80.890.90.460.80.850.990.470.931.00.610.860.040.99
0.940.940.780.770.780.630.910.76-0.93-0.950.790.930.720.870.420.930.820.960.660.930.920.770.970.20.96
0.990.930.80.820.910.330.940.89-0.76-0.890.870.760.90.90.440.760.840.990.411.00.920.560.830.050.98
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
0.880.890.680.660.660.780.850.65-0.99-0.90.680.990.60.780.530.990.730.90.820.860.970.830.890.260.91
0.11-0.1-0.11-0.090.120.520.22-0.03-0.31-0.11-0.090.31-0.020.050.460.31-0.080.110.070.040.20.050.030.260.16
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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Navitas Semiconductor Account Relationship Matchups

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Additional Tools for Navitas Stock Analysis

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.