Nuvve Net Income From Continuing Ops vs Other Operating Expenses Analysis

NVVEW Stock  USD 0.02  0  5.50%   
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 Net Income From Continuing Ops and its Other Operating Expenses 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 income.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Nuvve Holding's Net Income From Continuing Ops and Other Operating Expenses is -0.93. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses 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 Net Income From Continuing Ops and Other Operating Expenses 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 From Continuing Ops of Nuvve Holding Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Nuvve Holding's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nuvve Holding Corp. It is also known as Nuvve Holding overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 income.
Selling General Administrative is likely to drop to about 17.5 M in 2024. Tax Provision is likely to drop to 720.00 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense585.2K134.6K154.8K286.4K
Depreciation And Amortization236.6K289.5K396.2K283.8K

Nuvve Holding fundamental ratios Correlations

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0.590.840.950.420.880.91-0.24-0.850.50.490.380.230.970.480.75-0.51-0.30.970.820.860.870.950.710.54-0.91
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0.770.950.790.620.820.84-0.44-0.750.730.660.610.50.980.650.87-0.48-0.430.980.850.710.850.970.820.52-0.87
0.960.420.510.620.560.54-0.97-0.250.920.990.980.950.490.990.720.04-0.330.490.790.280.620.650.91-0.13-0.38
0.690.880.980.820.560.99-0.39-0.910.450.590.50.330.830.580.8-0.490.070.830.920.950.990.940.80.08-0.91
0.680.910.950.840.540.99-0.37-0.910.450.580.460.290.850.570.77-0.490.00.850.920.950.980.940.80.15-0.92
-0.86-0.24-0.32-0.44-0.97-0.39-0.370.03-0.86-0.96-0.93-0.93-0.29-0.97-0.53-0.270.37-0.29-0.67-0.1-0.44-0.47-0.810.190.15
-0.47-0.85-0.92-0.75-0.25-0.91-0.910.03-0.2-0.27-0.22-0.04-0.83-0.25-0.720.78-0.18-0.83-0.74-0.94-0.89-0.84-0.59-0.160.98
0.910.50.40.730.920.450.45-0.86-0.20.920.940.920.610.920.73-0.03-0.620.610.710.170.520.670.850.23-0.39
0.950.490.520.660.990.590.58-0.96-0.270.920.940.90.531.00.690.08-0.410.530.830.320.640.690.93-0.03-0.4
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0.880.230.320.50.950.330.29-0.93-0.040.920.90.980.350.90.670.09-0.350.350.580.030.420.480.76-0.13-0.2
0.680.970.80.980.490.830.85-0.29-0.830.610.530.480.350.520.84-0.6-0.361.00.810.770.850.960.750.54-0.92
0.940.480.50.650.990.580.57-0.97-0.250.921.00.940.90.520.670.1-0.420.520.820.310.620.680.92-0.04-0.38
0.840.750.860.870.720.80.77-0.53-0.720.730.690.770.670.840.67-0.54-0.090.840.810.660.870.90.820.13-0.82
-0.23-0.51-0.56-0.480.04-0.49-0.49-0.270.78-0.030.08-0.030.09-0.60.1-0.54-0.2-0.6-0.35-0.54-0.51-0.5-0.27-0.130.77
-0.33-0.30.2-0.43-0.330.070.00.37-0.18-0.62-0.41-0.32-0.35-0.36-0.42-0.09-0.2-0.36-0.20.220.05-0.23-0.32-0.720.0
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0.890.820.850.850.790.920.92-0.67-0.740.710.830.720.580.810.820.81-0.35-0.20.810.760.930.930.960.07-0.81
0.430.860.940.710.280.950.95-0.1-0.940.170.320.210.030.770.310.66-0.540.220.770.760.920.840.570.14-0.9
0.750.870.980.850.620.990.98-0.44-0.890.520.640.570.420.850.620.87-0.510.050.850.930.920.960.830.08-0.92
0.80.950.910.970.650.940.94-0.47-0.840.670.690.620.480.960.680.9-0.5-0.230.960.930.840.960.870.32-0.92
0.980.710.730.820.910.80.8-0.81-0.590.850.930.860.760.750.920.82-0.27-0.320.750.960.570.830.870.03-0.69
-0.020.540.030.52-0.130.080.150.19-0.160.23-0.03-0.11-0.130.54-0.040.13-0.13-0.720.540.070.140.080.320.03-0.27
-0.6-0.91-0.92-0.87-0.38-0.91-0.920.150.98-0.39-0.4-0.37-0.2-0.92-0.38-0.820.770.0-0.92-0.81-0.9-0.92-0.92-0.69-0.27
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Nuvve Holding Account Relationship Matchups

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