Energy Accounts Payable vs Capital Stock Analysis
| NRGV Stock | USD 2.06 0.17 8.99% |
Energy Vault financial indicator trend analysis is much more than just examining Energy Vault Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Vault Holdings is a good investment. Please check the relationship between Energy Vault Accounts Payable and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Vault Holdings Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Energy Vault's Accounts Payable and Capital Stock is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Energy Vault Holdings, assuming nothing else is changed. The correlation between historical values of Energy Vault's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Energy Vault Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Energy Vault's Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Energy Vault obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Energy Vault Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Energy Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Vault Holdings 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 Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, despite the fact that Tax Provision is likely to grow to (311.6 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 2.3M | 7.7M | 851K | 808.5K | Total Operating Expenses | 26.8M | 119.6M | 123.4M | 64.7M |
Energy Vault fundamental ratios Correlations
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Energy Vault Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Energy Vault's price analysis, check to measure Energy Vault's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Vault is operating at the current time. Most of Energy Vault's value examination focuses on studying past and present price action to predict the probability of Energy Vault's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Vault's price. Additionally, you may evaluate how the addition of Energy Vault to your portfolios can decrease your overall portfolio volatility.