Nuvve Total Revenue vs Selling General Administrative 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 Total Revenue and its Selling General Administrative 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.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuvve Holding Corp Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nuvve Holding's Total Revenue and Selling General Administrative is 0.78. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative 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 Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Nuvve Holding Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., Nuvve Holding's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Nuvve Holding Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

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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