Nuvve Cash And Short Term Investments vs Total Stockholder Equity 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 Cash And Short Term Investments and its Total Stockholder Equity 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.

Cash And Short Term Investments vs Total Stockholder Equity

Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Nuvve Holding's Cash And Short Term Investments and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity 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 Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nuvve Holding Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Nuvve Holding's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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When running Nuvve Holding's price analysis, check to measure Nuvve Holding'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 Nuvve Holding is operating at the current time. Most of Nuvve Holding's value examination focuses on studying past and present price action to predict the probability of Nuvve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvve Holding's price. Additionally, you may evaluate how the addition of Nuvve Holding to your portfolios can decrease your overall portfolio volatility.