Nuvve Total Current Assets vs Operating Income Analysis

NVVE Stock  USD 3.37  0.14  4.33%   
Nuvve Holding financial indicator trend analysis is infinitely more than just investigating Nuvve Holding Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuvve Holding Corp is a good investment. Please check the relationship between Nuvve Holding Total Current Assets and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvve Holding 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 real.

Total Current Assets vs Operating Income

Total Current Assets vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Total Current Assets account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Nuvve Holding's Total Current Assets and Operating Income is -0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Operating Income in the same time period over historical financial statements of Nuvve Holding Corp, assuming nothing else is changed. The correlation between historical values of Nuvve Holding's Total Current Assets and Operating Income 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 Current Assets of Nuvve Holding Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Current Assets i.e., Nuvve Holding's Total Current Assets and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Operating Income

Operating Income is the amount of profit realized from Nuvve Holding Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nuvve Holding Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Nuvve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuvve Holding Corp 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 Nuvve Holding 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 real.
As of December 26, 2024, Tax Provision is expected to decline to 720.00. In addition to that, Selling General Administrative is expected to decline to about 21.9 M
 2021 2022 2023 2024 (projected)
Total Revenue2.9M4.9M8.3M4.6M
Depreciation And Amortization236.6K289.5K396.2K283.8K

Nuvve Holding fundamental ratios Correlations

0.81-0.730.830.830.830.730.880.780.370.830.750.940.780.620.820.84-0.450.670.610.490.660.98-0.440.850.96
0.81-0.930.631.00.860.920.940.790.51.00.760.840.950.580.950.94-0.380.580.560.40.560.770.060.90.93
-0.73-0.93-0.38-0.93-0.69-1.0-0.88-0.55-0.68-0.93-0.48-0.86-0.92-0.26-0.91-0.910.04-0.28-0.23-0.05-0.26-0.73-0.17-0.75-0.85
0.830.63-0.380.640.790.380.650.87-0.080.640.920.630.510.870.550.56-0.780.880.890.850.870.74-0.60.770.77
0.831.0-0.930.640.860.920.950.80.51.00.760.850.950.580.950.94-0.380.580.560.40.570.790.030.910.94
0.830.86-0.690.790.860.650.860.790.480.860.840.720.850.740.790.75-0.550.70.790.70.690.8-0.070.790.87
0.730.92-1.00.380.920.650.860.550.640.930.470.860.90.250.90.91-0.030.270.210.030.260.720.130.750.84
0.880.94-0.880.650.950.860.860.820.510.950.750.890.970.630.990.98-0.460.660.590.430.640.88-0.010.930.96
0.780.79-0.550.870.80.790.550.82-0.030.790.980.670.710.930.780.78-0.850.950.880.790.940.71-0.310.950.84
0.370.5-0.68-0.080.50.480.640.51-0.030.5-0.040.50.66-0.180.520.490.39-0.21-0.13-0.24-0.230.460.490.180.43
0.831.0-0.930.641.00.860.930.950.790.50.760.850.950.580.950.94-0.380.580.560.40.570.790.030.910.94
0.750.76-0.480.920.760.840.470.750.98-0.040.760.590.650.960.690.68-0.860.950.950.880.940.67-0.330.890.8
0.940.84-0.860.630.850.720.860.890.670.50.850.590.840.420.880.91-0.240.490.380.230.480.96-0.30.820.95
0.780.95-0.920.510.950.850.90.970.710.660.950.650.840.510.980.95-0.320.520.480.320.50.80.20.850.91
0.620.58-0.260.870.580.740.250.630.93-0.180.580.960.420.510.560.54-0.970.990.980.950.990.55-0.330.790.65
0.820.95-0.910.550.950.790.90.990.780.520.950.690.880.980.560.99-0.390.590.50.330.580.830.070.920.94
0.840.94-0.910.560.940.750.910.980.780.490.940.680.910.950.540.99-0.370.580.460.290.570.850.00.920.94
-0.45-0.380.04-0.78-0.38-0.55-0.03-0.46-0.850.39-0.38-0.86-0.24-0.32-0.97-0.39-0.37-0.96-0.93-0.93-0.97-0.390.37-0.67-0.47
0.670.58-0.280.880.580.70.270.660.95-0.210.580.950.490.520.990.590.58-0.960.940.91.00.61-0.410.830.69
0.610.56-0.230.890.560.790.210.590.88-0.130.560.950.380.480.980.50.46-0.930.940.980.940.53-0.320.720.62
0.490.4-0.050.850.40.70.030.430.79-0.240.40.880.230.320.950.330.29-0.930.90.980.90.41-0.350.580.48
0.660.56-0.260.870.570.690.260.640.94-0.230.570.940.480.50.990.580.57-0.971.00.940.90.6-0.420.820.68
0.980.77-0.730.740.790.80.720.880.710.460.790.670.960.80.550.830.85-0.390.610.530.410.6-0.390.810.94
-0.440.06-0.17-0.60.03-0.070.13-0.01-0.310.490.03-0.33-0.30.2-0.330.070.00.37-0.41-0.32-0.35-0.42-0.39-0.2-0.23
0.850.9-0.750.770.910.790.750.930.950.180.910.890.820.850.790.920.92-0.670.830.720.580.820.81-0.20.93
0.960.93-0.850.770.940.870.840.960.840.430.940.80.950.910.650.940.94-0.470.690.620.480.680.94-0.230.93
Click cells to compare fundamentals

Nuvve Holding Account Relationship Matchups

Nuvve Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities2.6M8.0M9.5M7.9M8.3M6.9M
Retained Earnings(15.6M)(20.5M)(47.4M)(117.0M)(148.2M)(140.8M)
Accounts Payable1.5M3.0M5.7M2.4M1.7M2.8M
Net Receivables811.8K999.9K1.9M1.1M1.7M1.4M
Other Current Assets335.2K437.4K1.0M3.5M3.9M4.1M
Other Stockholder Equity17.1M19.7M126.6M144.5M155.6M85.0M
Total Current Assets1.7M4.8M46.8M31.8M13.0M18.7M

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When determining whether Nuvve Holding Corp is a strong investment it is important to analyze Nuvve Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuvve Holding's future performance. For an informed investment choice regarding Nuvve Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvve Holding 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 real.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuvve Holding. If investors know Nuvve will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(390.25)
Revenue Per Share
19.423
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.70)
Return On Equity
(2.61)
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.