Navitas Total Cash From Operating Activities vs Gross Profit Margin 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 Total Cash From Operating Activities and its Gross Profit Margin 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.

Total Cash From Operating Activities vs Gross Profit Margin

JavaScript chart by amCharts 3.21.15201420162018202020222024-44M-42M-40M-38M-36M-34M-32M-30M-28M-26M-24M-22M-20M-18M 0.280.300.320.340.360.380.400.420.440.46
JavaScript chart by amCharts 3.21.15Total Cash From Operating Activitiestotal: -312.3MGross Profit Margintotal: 3.917232696148579

Total Cash From Operating Activities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Total Cash From Operating Activities account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
Total Cash From Operating ActivitiesGross Profit MarginDiversified AwayTotal Cash From Operating ActivitiesGross Profit MarginDiversified Away100%
The correlation between Navitas Semiconductor's Total Cash From Operating Activities and Gross Profit Margin is -0.55. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Gross Profit Margin 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 Total Cash From Operating Activities and Gross Profit Margin 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 Cash From Operating Activities of Navitas Semiconductor Corp are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Cash From Operating Activities i.e., Navitas Semiconductor's Total Cash From Operating Activities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Cash From Operating Activities

Gross Profit Margin

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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0.940.890.880.820.430.910.86-0.85-0.960.890.840.810.920.270.840.920.950.630.950.940.930.760.89-0.10.94
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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
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-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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