Navitas Total Revenue vs Revenue 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 Total Revenue and its Revenue 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.
Total Revenue vs Revenue Per Share
Total Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Total Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Navitas Semiconductor's Total Revenue and Revenue Per Share is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Revenue 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 Total Revenue and Revenue 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 Total Revenue of Navitas Semiconductor Corp are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Total Revenue i.e., Navitas Semiconductor's Total Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Navitas Semiconductor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.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
Thematic Opportunities
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