NWTN Common Stock vs Other Stockholder Equity Analysis
NWTN Stock | 1.24 0.08 6.90% |
NWTN financial indicator trend analysis is infinitely more than just investigating NWTN Class B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NWTN Class B is a good investment. Please check the relationship between NWTN Common Stock and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Common Stock vs Other Stockholder Equity
Common Stock vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NWTN Class B Common Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NWTN's Common Stock and Other Stockholder Equity is -0.15. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of NWTN Class B, assuming nothing else is changed. The correlation between historical values of NWTN's Common Stock and Other 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 Common Stock of NWTN Class B are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., NWTN's Common Stock and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Other Stockholder Equity
Most indicators from NWTN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NWTN Class B 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 NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, NWTN's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 483 M, while Selling General Administrative is likely to drop about 15.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 10.8M | 40.4M | 46.5M | 48.8M | Depreciation And Amortization | 16.2K | 748.6K | 860.9K | 903.9K |
NWTN fundamental ratios Correlations
Click cells to compare fundamentals
NWTN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NWTN fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
Other Current Liab | 38.4K | 190.4M | 28.5M | 34.2M | 39.3M | 55.7M | |
Total Current Liabilities | 38.4K | 221.9M | 69.4M | 63.1M | 72.6M | 78.0M | |
Total Stockholder Equity | 139.0M | (195.4M) | (52.5M) | 280.8M | 322.9M | 339.1M | |
Net Debt | (389.4K) | 23.3M | 25.4M | (189.1M) | (170.2M) | (161.7M) | |
Retained Earnings | 536.2K | (239.1M) | (251.5M) | (292.2M) | (263.0M) | (249.9M) | |
Cash | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
Non Current Assets Total | 138.8M | 48.7K | 33.5K | 109.9M | 126.4M | 132.7M | |
Cash And Short Term Investments | 389.4K | 3.3K | 21.3K | 211.9M | 243.6M | 255.8M | |
Liabilities And Stockholders Equity | 139.4M | 13.9M | 13.9M | 350.2M | 402.7M | 422.9M | |
Total Liab | 440.9K | 221.9M | 69.4M | 72.0M | 82.8M | 80.0M | |
Total Current Assets | 591.8K | 13.8M | 13.9M | 240.3M | 276.3M | 290.1M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Automotive Parts & 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 NWTN. If investors know NWTN 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 NWTN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.002 | Return On Assets (0.33) | Return On Equity (1.29) |
The market value of NWTN Class B is measured differently than its book value, which is the value of NWTN that is recorded on the company's balance sheet. Investors also form their own opinion of NWTN's value that differs from its market value or its book value, called intrinsic value, which is NWTN'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 NWTN's market value can be influenced by many factors that don't directly affect NWTN'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 NWTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWTN'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.