Nuvve Short Term Debt vs Total Current Assets 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 Short Term Debt and its Total Current Assets 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.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Nuvve Holding's Short Term Debt and Total Current Assets is 0.03. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets 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 Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Nuvve Holding Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Nuvve Holding's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

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.
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

0.590.650.770.960.690.68-0.86-0.470.910.950.950.880.680.940.84-0.23-0.330.680.890.430.750.80.98-0.02-0.6
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
0.650.840.790.510.980.95-0.32-0.920.40.520.480.320.80.50.86-0.560.20.80.850.940.980.910.730.03-0.92
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
0.950.380.480.610.980.50.46-0.93-0.220.940.940.980.480.940.77-0.03-0.320.480.720.210.570.620.86-0.11-0.37
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
0.680.970.80.980.490.830.85-0.29-0.830.610.530.480.351.00.520.84-0.6-0.360.810.770.850.960.750.54-0.92
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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