Nuvve Operating Income vs Interest Expense Analysis

NVVEW Stock

USD 0.02 0.01 42.77%

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 Operating Income and its Interest Expense 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.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Operating Income account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nuvve Holding's Operating Income and Interest Expense is -0.59. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nuvve Holding Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Nuvve Holding's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from Nuvve Holding Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nuvve Holding Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 Expense	585.2K	134.6K	154.8K	286.4K
Depreciation And Amortization	236.6K	289.5K	396.2K	283.8K

Interest Expense Depreciation And Amortization

Nuvve Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.59	0.65	0.77	0.96	0.69	0.68	-0.86	-0.47	0.91	0.95	0.95	0.88	0.68	0.94	0.84	-0.23	-0.33	0.68	0.89	0.43	0.75	0.8	0.98	-0.02	-0.6
Short Long Term Debt Total	0.59		0.84	0.95	0.42	0.88	0.91	-0.24	-0.85	0.5	0.49	0.38	0.23	0.97	0.48	0.75	-0.51	-0.3	0.97	0.82	0.86	0.87	0.95	0.71	0.54	-0.91
Other Current Liab	0.65	0.84		0.79	0.51	0.98	0.95	-0.32	-0.92	0.4	0.52	0.48	0.32	0.8	0.5	0.86	-0.56	0.2	0.8	0.85	0.94	0.98	0.91	0.73	0.03	-0.92
Total Current Liabilities	0.77	0.95	0.79		0.62	0.82	0.84	-0.44	-0.75	0.73	0.66	0.61	0.5	0.98	0.65	0.87	-0.48	-0.43	0.98	0.85	0.71	0.85	0.97	0.82	0.52	-0.87
Total Stockholder Equity	0.96	0.42	0.51	0.62		0.56	0.54	-0.97	-0.25	0.92	0.99	0.98	0.95	0.49	0.99	0.72	0.04	-0.33	0.49	0.79	0.28	0.62	0.65	0.91	-0.13	-0.38
Property Plant And Equipment Net	0.69	0.88	0.98	0.82	0.56		0.99	-0.39	-0.91	0.45	0.59	0.5	0.33	0.83	0.58	0.8	-0.49	0.07	0.83	0.92	0.95	0.99	0.94	0.8	0.08	-0.91
Current Deferred Revenue	0.68	0.91	0.95	0.84	0.54	0.99		-0.37	-0.91	0.45	0.58	0.46	0.29	0.85	0.57	0.77	-0.49	0.0	0.85	0.92	0.95	0.98	0.94	0.8	0.15	-0.92
Net Debt	-0.86	-0.24	-0.32	-0.44	-0.97	-0.39	-0.37		0.03	-0.86	-0.96	-0.93	-0.93	-0.29	-0.97	-0.53	-0.27	0.37	-0.29	-0.67	-0.1	-0.44	-0.47	-0.81	0.19	0.15
Retained Earnings	-0.47	-0.85	-0.92	-0.75	-0.25	-0.91	-0.91	0.03		-0.2	-0.27	-0.22	-0.04	-0.83	-0.25	-0.72	0.78	-0.18	-0.83	-0.74	-0.94	-0.89	-0.84	-0.59	-0.16	0.98
Accounts Payable	0.91	0.5	0.4	0.73	0.92	0.45	0.45	-0.86	-0.2		0.92	0.94	0.92	0.61	0.92	0.73	-0.03	-0.62	0.61	0.71	0.17	0.52	0.67	0.85	0.23	-0.39
Cash	0.95	0.49	0.52	0.66	0.99	0.59	0.58	-0.96	-0.27	0.92		0.94	0.9	0.53	1.0	0.69	0.08	-0.41	0.53	0.83	0.32	0.64	0.69	0.93	-0.03	-0.4
Non Current Assets Total	0.95	0.38	0.48	0.61	0.98	0.5	0.46	-0.93	-0.22	0.94	0.94		0.98	0.48	0.94	0.77	-0.03	-0.32	0.48	0.72	0.21	0.57	0.62	0.86	-0.11	-0.37
Non Currrent Assets Other	0.88	0.23	0.32	0.5	0.95	0.33	0.29	-0.93	-0.04	0.92	0.9	0.98		0.35	0.9	0.67	0.09	-0.35	0.35	0.58	0.03	0.42	0.48	0.76	-0.13	-0.2
Other Assets	0.68	0.97	0.8	0.98	0.49	0.83	0.85	-0.29	-0.83	0.61	0.53	0.48	0.35		0.52	0.84	-0.6	-0.36	1.0	0.81	0.77	0.85	0.96	0.75	0.54	-0.92
Cash And Short Term Investments	0.94	0.48	0.5	0.65	0.99	0.58	0.57	-0.97	-0.25	0.92	1.0	0.94	0.9	0.52		0.67	0.1	-0.42	0.52	0.82	0.31	0.62	0.68	0.92	-0.04	-0.38
Net Receivables	0.84	0.75	0.86	0.87	0.72	0.8	0.77	-0.53	-0.72	0.73	0.69	0.77	0.67	0.84	0.67		-0.54	-0.09	0.84	0.81	0.66	0.87	0.9	0.82	0.13	-0.82
Common Stock Total Equity	-0.23	-0.51	-0.56	-0.48	0.04	-0.49	-0.49	-0.27	0.78	-0.03	0.08	-0.03	0.09	-0.6	0.1	-0.54		-0.2	-0.6	-0.35	-0.54	-0.51	-0.5	-0.27	-0.13	0.77
Common Stock Shares Outstanding	-0.33	-0.3	0.2	-0.43	-0.33	0.07	0.0	0.37	-0.18	-0.62	-0.41	-0.32	-0.35	-0.36	-0.42	-0.09	-0.2		-0.36	-0.2	0.22	0.05	-0.23	-0.32	-0.72	0.0
Capital Surpluse	0.68	0.97	0.8	0.98	0.49	0.83	0.85	-0.29	-0.83	0.61	0.53	0.48	0.35	1.0	0.52	0.84	-0.6	-0.36		0.81	0.77	0.85	0.96	0.75	0.54	-0.92
Inventory	0.89	0.82	0.85	0.85	0.79	0.92	0.92	-0.67	-0.74	0.71	0.83	0.72	0.58	0.81	0.82	0.81	-0.35	-0.2	0.81		0.76	0.93	0.93	0.96	0.07	-0.81
Other Current Assets	0.43	0.86	0.94	0.71	0.28	0.95	0.95	-0.1	-0.94	0.17	0.32	0.21	0.03	0.77	0.31	0.66	-0.54	0.22	0.77	0.76		0.92	0.84	0.57	0.14	-0.9
Other Stockholder Equity	0.75	0.87	0.98	0.85	0.62	0.99	0.98	-0.44	-0.89	0.52	0.64	0.57	0.42	0.85	0.62	0.87	-0.51	0.05	0.85	0.93	0.92		0.96	0.83	0.08	-0.92
Total Liab	0.8	0.95	0.91	0.97	0.65	0.94	0.94	-0.47	-0.84	0.67	0.69	0.62	0.48	0.96	0.68	0.9	-0.5	-0.23	0.96	0.93	0.84	0.96		0.87	0.32	-0.92
Total Current Assets	0.98	0.71	0.73	0.82	0.91	0.8	0.8	-0.81	-0.59	0.85	0.93	0.86	0.76	0.75	0.92	0.82	-0.27	-0.32	0.75	0.96	0.57	0.83	0.87		0.03	-0.69
Short Term Debt	-0.02	0.54	0.03	0.52	-0.13	0.08	0.15	0.19	-0.16	0.23	-0.03	-0.11	-0.13	0.54	-0.04	0.13	-0.13	-0.72	0.54	0.07	0.14	0.08	0.32	0.03		-0.27
Intangible Assets	-0.6	-0.91	-0.92	-0.87	-0.38	-0.91	-0.92	0.15	0.98	-0.39	-0.4	-0.37	-0.2	-0.92	-0.38	-0.82	0.77	0.0	-0.92	-0.81	-0.9	-0.92	-0.92	-0.69	-0.27

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Nuvve Operating Income vs Interest Expense Analysis

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Operating Income

Interest Expense

Nuvve Holding fundamental ratios Correlations

Nuvve Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Nuvve Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Capital Surpluse	+ 1.0	Other Assets
Cash	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity
Current Deferred Revenue	+ 0.99	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.99	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.97	Net Debt
Net Debt	- 0.97	Total Stockholder Equity
Cash	- 0.96	Net Debt
Other Current Assets	- 0.94	Retained Earnings
Non Currrent Assets Other	- 0.93	Net Debt
Non Current Assets Total	- 0.93	Net Debt