Navitas Net Working Capital vs Net Invested Capital Analysis

NVTS Stock  USD 3.17  0.36  12.81%   
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 Working Capital and its Net Invested Capital 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 Working Capital vs Net Invested Capital

JavaScript chart by amCharts 3.21.1520142016201820202022202440M60M80M100M120M140M160M180M200M220M240M260M280M -50M050M100M150M200M250M300M350M
JavaScript chart by amCharts 3.21.15Net Working Capitaltotal: 1.1BNet Invested Capitaltotal: 432.3M

Net Working Capital vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Net Working Capital account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
Net Working CapitalNet Invested CapitalDiversified AwayNet Working CapitalNet Invested CapitalDiversified Away100%
The correlation between Navitas Semiconductor's Net Working Capital and Net Invested Capital is 0.57. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Invested Capital 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 Working Capital and Net Invested Capital 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 Working Capital of Navitas Semiconductor Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Working Capital i.e., Navitas Semiconductor's Net Working Capital and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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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