NVE Interest Coverage from 2010 to 2024

NVEC Stock  USD 77.28  0.19  0.25%   
NVE's Interest Coverage is decreasing over the years with slightly volatile fluctuation. Interest Coverage is expected to dwindle to 15.23. During the period from 2010 to 2024 NVE Interest Coverage annual values regression line had geometric mean of  17.47 and mean square error of  5,771. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
16.03
Current Value
15.23
Quarterly Volatility
81.04164398
 
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Yuan Drop
 
Covid
Check NVE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 292.7 K, Interest Expense of 1.4 M or Total Revenue of 21.8 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0427 or PTB Ratio of 7.87. NVE financial statements analysis is a perfect complement when working with NVE Valuation or Volatility modules.
  
Check out the analysis of NVE Correlation against competitors.

Latest NVE's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of NVE Corporation over the last few years. It is NVE's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVE's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

NVE Interest Coverage Regression Statistics

Arithmetic Mean35.11
Geometric Mean17.47
Coefficient Of Variation230.84
Mean Deviation39.06
Median13.94
Standard Deviation81.04
Sample Variance6,568
Range314
R-Value(0.43)
Mean Square Error5,771
R-Squared0.18
Significance0.11
Slope(7.78)
Total Sum of Squares91,948

NVE Interest Coverage History

2024 15.23
2023 16.03
2011 13.94
2010 328.05

About NVE Financial Statements

NVE stakeholders use historical fundamental indicators, such as NVE's Interest Coverage, to determine how well the company is positioned to perform in the future. Although NVE investors may analyze each financial statement separately, they are all interrelated. For example, changes in NVE's assets and liabilities are reflected in the revenues and expenses on NVE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NVE Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 16.03  15.23 

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When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out the analysis of NVE Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Semiconductors & Semiconductor 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 NVE. If investors know NVE 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 NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
4
Earnings Share
3.33
Revenue Per Share
5.665
Quarterly Revenue Growth
(0.05)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE'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 NVE's market value can be influenced by many factors that don't directly affect NVE'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 NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE'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.