NanoVibronix Total Current Assets vs Total Stockholder Equity Analysis
| NAOV Stock | USD 0.74 0.01 1.33% |
NanoVibronix financial indicator trend analysis is infinitely more than just investigating NanoVibronix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NanoVibronix is a good investment. Please check the relationship between NanoVibronix Total Current Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoVibronix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.
Total Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NanoVibronix Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NanoVibronix's Total Current Assets and Total Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of NanoVibronix, assuming nothing else is changed. The correlation between historical values of NanoVibronix's Total Current Assets 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 Total Current Assets of NanoVibronix 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 Total Current Assets i.e., NanoVibronix's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 NanoVibronix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NanoVibronix 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 NanoVibronix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.At this time, NanoVibronix's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 0.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 770K | 167K | 1.5M | 1.6M | Total Revenue | 1.7M | 752K | 2.3M | 2.4M |
NanoVibronix fundamental ratios Correlations
Click cells to compare fundamentals
NanoVibronix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NanoVibronix fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.0M | 8.2M | 8.6M | 5.9M | 6.7M | 3.7M | |
| Other Current Liab | 280K | 2.3M | 1.7M | 2.1M | 2.3M | 2.4M | |
| Total Current Liabilities | 409K | 2.9M | 1.9M | 2.3M | 2.5M | 1.8M | |
| Total Stockholder Equity | 1.3M | 2.4M | 6.3M | 3.2M | 4.0M | 4.2M | |
| Property Plant And Equipment Net | 4K | 35K | 54K | 88K | 12K | 11.4K | |
| Net Debt | (1.3M) | (7.1M) | (7.7M) | (2.6M) | (3.3M) | (3.1M) | |
| Retained Earnings | (38.3M) | (42.7M) | (56.9M) | (62.4M) | (66.1M) | (62.8M) | |
| Accounts Payable | 129K | 144K | 87K | 66K | 138K | 103.5K | |
| Cash | 1.3M | 7.1M | 7.7M | 2.7M | 3.3M | 2.6M | |
| Non Current Assets Total | 198K | 259K | 280K | 270K | 187K | 228.2K | |
| Non Currrent Assets Other | 194K | 200K | 207K | 179K | 174K | 205.0K | |
| Cash And Short Term Investments | 1.3M | 7.1M | 7.7M | 2.7M | 3.3M | 2.6M | |
| Net Receivables | 130K | 93K | 264K | 109K | 425K | 446.3K | |
| Common Stock Shares Outstanding | 347.0K | 514.9K | 1.3M | 1.4M | 1.8M | 1.8M | |
| Liabilities And Stockholders Equity | 2.0M | 8.2M | 8.6M | 5.9M | 6.7M | 3.7M | |
| Non Current Liabilities Total | 279K | 2.9M | 406K | 330K | 232.0K | 220.4K | |
| Other Current Assets | 249K | 590K | 166K | 9K | 47K | 44.7K | |
| Other Stockholder Equity | 39.7M | 45.0M | 63.2M | 65.6M | 70.1M | 36.5M | |
| Total Liab | 688K | 5.8M | 2.3M | 2.6M | 2.7M | 2.2M | |
| Property Plant And Equipment Gross | 4K | 4.0 | 54K | 88K | 12K | 11.4K | |
| Total Current Assets | 1.8M | 8.0M | 8.3M | 5.6M | 6.5M | 3.3M | |
| Accumulated Other Comprehensive Income | (54K) | 66K | 60K | (18K) | (67K) | (70.4K) | |
| Inventory | 121K | 145K | 175K | 2.2M | 2.7M | 2.9M | |
| Other Liab | 279K | 2.9M | 406K | 330K | 297K | 282.2K | |
| Other Assets | 194K | 255.0 | 208K | 179K | 161.1K | 216.3K | |
| Net Tangible Assets | 1.3M | 2.4M | 6.3M | 3.2M | 3.7M | 3.9M | |
| Capital Surpluse | 32.0M | 33.0M | 39.7M | 45.0M | 51.7M | 31.5M | |
| Retained Earnings Total Equity | (28.4M) | (32.6M) | (38.3M) | (42.7M) | (38.4M) | (40.3M) | |
| Non Current Liabilities Other | 434K | 477K | 279K | 462K | 415.8K | 796.7K | |
| Net Invested Capital | 1.3M | 2.4M | 6.3M | 3.2M | 4.0M | 3.4M | |
| Net Working Capital | 1.4M | 5.1M | 6.4M | 3.3M | 4.0M | 3.9M | |
| Capital Stock | 9K | 24K | 28K | 2K | 1.8K | 1.7K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NanoVibronix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NanoVibronix's short interest history, or implied volatility extrapolated from NanoVibronix options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoVibronix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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Is NanoVibronix's industry 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 NanoVibronix. If investors know NanoVibronix 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 NanoVibronix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.12) | Revenue Per Share 1.304 | Quarterly Revenue Growth 3.722 | Return On Assets (0.31) | Return On Equity (1.03) |
The market value of NanoVibronix is measured differently than its book value, which is the value of NanoVibronix that is recorded on the company's balance sheet. Investors also form their own opinion of NanoVibronix's value that differs from its market value or its book value, called intrinsic value, which is NanoVibronix'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 NanoVibronix's market value can be influenced by many factors that don't directly affect NanoVibronix'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 NanoVibronix's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoVibronix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoVibronix'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.