Nuvve Inventory vs Cash And Short Term Investments Analysis

NVVE Stock  USD 3.65  0.03  0.83%   
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 Inventory and its Cash And Short Term Investments 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.

Inventory vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nuvve Holding's Inventory and Cash And Short Term Investments is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments 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 Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Nuvve Holding Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Nuvve Holding's Inventory and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nuvve Holding Corp balance sheet. This account contains Nuvve Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nuvve Holding Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 2, 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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.