NeoVolta Accounts Payable vs Net Receivables Analysis

NEOV Stock

USD 2.08 0.00 0.00%

NeoVolta Common financial indicator trend analysis is infinitely more than just investigating NeoVolta Common Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NeoVolta Common Stock is a good investment. Please check the relationship between NeoVolta Common Accounts Payable and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoVolta Common Stock. 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.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeoVolta Common Stock Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between NeoVolta Common's Accounts Payable and Net Receivables is 0.05. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of NeoVolta Common Stock, assuming nothing else is changed. The correlation between historical values of NeoVolta Common's Accounts Payable and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NeoVolta Common Stock are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., NeoVolta Common's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents NeoVolta Common obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NeoVolta Common Stock are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Receivables

Most indicators from NeoVolta Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeoVolta Common Stock 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 NeoVolta Common Stock. 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.

At this time, NeoVolta Common's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 4.6 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (42.64).

	2021	2022	2023	2024 (projected)
Gross Profit	667.1K	688.0K	791.2K	616.4K
Total Revenue	4.5M	3.5M	4.0M	4.1M

Gross Profit Total Revenue

NeoVolta Common fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Total Current Assets	Common Stock	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Receivables	Long Term Debt	Net Invested Capital	Capital Stock	Net Working Capital	Common Stock Total Equity	Retained Earnings Total Equity
Total Current Liabilities		0.06	-0.41	0.23	0.21	-0.09	0.4	0.93	-0.39	0.76	0.95	-0.55	-0.55	0.25	0.74	0.34	0.82	0.31	1.0	0.28	0.46	0.0	-0.01	-0.2	0.09	-0.09
Net Tangible Assets	0.06		-0.85	0.93	0.97	0.61	0.82	0.37	0.51	0.37	-0.21	-0.61	-0.61	0.85	0.05	0.84	0.38	0.8	0.03	0.83	0.75	0.8	0.81	0.75	-0.69	0.69
Retained Earnings	-0.41	-0.85		-0.86	-0.94	-0.61	-0.93	-0.68	-0.4	-0.63	-0.17	0.77	0.77	-0.94	-0.23	-0.95	-0.55	-0.94	-0.39	-0.96	-0.91	-0.8	-0.8	-0.69	0.54	-0.56
Total Current Assets	0.23	0.93	-0.86		0.92	0.65	0.78	0.47	0.51	0.52	-0.02	-0.65	-0.65	0.91	0.22	0.91	0.45	0.88	0.21	0.87	0.82	0.81	0.81	0.75	-0.42	0.59
Common Stock	0.21	0.97	-0.94	0.92		0.6	0.9	0.53	0.46	0.51	-0.06	-0.73	-0.73	0.91	0.15	0.92	0.48	0.88	0.19	0.91	0.83	0.82	0.82	0.74	-0.69	0.69
Total Assets	-0.09	0.61	-0.61	0.65	0.6		0.7	0.09	0.95	-0.1	-0.3	-0.03	-0.03	0.74	-0.38	0.72	0.09	0.79	-0.11	0.76	0.79	0.95	0.94	0.95	-0.41	0.72
Short Long Term Debt Total	0.4	0.82	-0.93	0.78	0.9	0.7		0.67	0.48	0.44	0.13	-0.6	-0.6	0.86	0.12	0.9	0.63	0.89	0.38	0.89	0.95	0.84	0.84	0.71	-0.69	0.68
Other Current Liab	0.93	0.37	-0.68	0.47	0.53	0.09	0.67		-0.22	0.83	0.8	-0.75	-0.75	0.51	0.68	0.6	0.88	0.55	0.93	0.54	0.67	0.25	0.25	0.05	-0.22	0.17
Total Stockholder Equity	-0.39	0.51	-0.4	0.51	0.46	0.95	0.48	-0.22		-0.33	-0.56	0.17	0.17	0.6	-0.57	0.54	-0.19	0.62	-0.42	0.6	0.57	0.86	0.86	0.93	-0.34	0.66
Net Debt	0.76	0.37	-0.63	0.52	0.51	-0.1	0.44	0.83	-0.33		0.66	-0.92	-0.92	0.54	0.85	0.58	0.71	0.5	0.75	0.5	0.47	0.15	0.14	0.0	0.0	0.01
Accounts Payable	0.95	-0.21	-0.17	-0.02	-0.06	-0.3	0.13	0.8	-0.56	0.66		-0.4	-0.4	-0.01	0.67	0.08	0.62	0.07	0.95	0.05	0.2	-0.26	-0.27	-0.43	0.28	-0.29
Cash	-0.55	-0.61	0.77	-0.65	-0.73	-0.03	-0.6	-0.75	0.17	-0.92	-0.4		1.0	-0.68	-0.68	-0.7	-0.65	-0.61	-0.55	-0.64	-0.55	-0.33	-0.33	-0.2	0.35	-0.28
Cash And Short Term Investments	-0.55	-0.61	0.77	-0.65	-0.73	-0.03	-0.6	-0.75	0.17	-0.92	-0.4	1.0		-0.68	-0.68	-0.7	-0.65	-0.61	-0.55	-0.64	-0.55	-0.33	-0.33	-0.2	0.35	-0.28
Common Stock Shares Outstanding	0.25	0.85	-0.94	0.91	0.91	0.74	0.86	0.51	0.6	0.54	-0.01	-0.68	-0.68		0.17	0.99	0.44	0.98	0.22	0.98	0.91	0.91	0.9	0.84	-0.46	0.66
Non Current Liabilities Total	0.74	0.05	-0.23	0.22	0.15	-0.38	0.12	0.68	-0.57	0.85	0.67	-0.68	-0.68	0.17		0.24	0.77	0.11	0.75	0.08	0.17	-0.19	-0.2	-0.32	0.21	-0.21
Inventory	0.34	0.84	-0.95	0.91	0.92	0.72	0.9	0.6	0.54	0.58	0.08	-0.7	-0.7	0.99	0.24		0.55	0.98	0.32	0.97	0.94	0.89	0.89	0.8	-0.48	0.66
Other Current Assets	0.82	0.38	-0.55	0.45	0.48	0.09	0.63	0.88	-0.19	0.71	0.62	-0.65	-0.65	0.44	0.77	0.55		0.43	0.82	0.4	0.61	0.24	0.24	0.06	-0.24	0.19
Other Stockholder Equity	0.31	0.8	-0.94	0.88	0.88	0.79	0.89	0.55	0.62	0.5	0.07	-0.61	-0.61	0.98	0.11	0.98	0.43		0.29	0.99	0.95	0.92	0.91	0.84	-0.44	0.66
Total Liab	1.0	0.03	-0.39	0.21	0.19	-0.11	0.38	0.93	-0.42	0.75	0.95	-0.55	-0.55	0.22	0.75	0.32	0.82	0.29		0.26	0.44	-0.03	-0.03	-0.22	0.11	-0.11
Net Receivables	0.28	0.83	-0.96	0.87	0.91	0.76	0.89	0.54	0.6	0.5	0.05	-0.64	-0.64	0.98	0.08	0.97	0.4	0.99	0.26		0.93	0.91	0.91	0.83	-0.5	0.67
Long Term Debt	0.46	0.75	-0.91	0.82	0.83	0.79	0.95	0.67	0.57	0.47	0.2	-0.55	-0.55	0.91	0.17	0.94	0.61	0.95	0.44	0.93		0.88	0.88	0.77	-0.47	0.64
Net Invested Capital	0.0	0.8	-0.8	0.81	0.82	0.95	0.84	0.25	0.86	0.15	-0.26	-0.33	-0.33	0.91	-0.19	0.89	0.24	0.92	-0.03	0.91	0.88		1.0	0.98	-0.54	0.77
Capital Stock	-0.01	0.81	-0.8	0.81	0.82	0.94	0.84	0.25	0.86	0.14	-0.27	-0.33	-0.33	0.9	-0.2	0.89	0.24	0.91	-0.03	0.91	0.88	1.0		0.98	-0.56	0.79
Net Working Capital	-0.2	0.75	-0.69	0.75	0.74	0.95	0.71	0.05	0.93	0.0	-0.43	-0.2	-0.2	0.84	-0.32	0.8	0.06	0.84	-0.22	0.83	0.77	0.98	0.98		-0.49	0.75
Common Stock Total Equity	0.09	-0.69	0.54	-0.42	-0.69	-0.41	-0.69	-0.22	-0.34	0.0	0.28	0.35	0.35	-0.46	0.21	-0.48	-0.24	-0.44	0.11	-0.5	-0.47	-0.54	-0.56	-0.49		-0.8
Retained Earnings Total Equity	-0.09	0.69	-0.56	0.59	0.69	0.72	0.68	0.17	0.66	0.01	-0.29	-0.28	-0.28	0.66	-0.21	0.66	0.19	0.66	-0.11	0.67	0.64	0.77	0.79	0.75	-0.8

Click cells to compare fundamentals

NeoVolta Common Account Relationship Matchups

NeoVolta Common fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	25.3K	94.2K	1.5M	39.5K	45.4K	43.1K
Net Tangible Assets	3.3M	3.1M	2.6M	6.5M	7.4M	7.8M
Retained Earnings	(2.4M)	(10.0M)	(15.8M)	(18.4M)	(16.6M)	(15.8M)
Total Current Assets	3.4M	3.3M	4.1M	6.5M	7.5M	4.0M
Common Stock	14.4K	19.6K	22.0K	33.2K	38.1K	40.0K
Total Assets	3.4M	3.3M	4.1M	6.5M	7.5M	4.7M
Other Current Liab	21.6K	40.7K	180.8K	39.5K	45.4K	64.6K
Total Stockholder Equity	3.3M	3.1M	2.6M	6.5M	7.4M	4.3M
Net Debt	(1.3M)	(406.4K)	791.3K	(2.0M)	(2.3M)	(2.4M)
Cash	1.3M	425.7K	330.4K	2.0M	1.8M	1.2M
Cash And Short Term Investments	1.3M	425.7K	330.4K	2.0M	1.8M	1.2M
Common Stock Shares Outstanding	12.4M	17.9M	20.6M	32.0M	36.8M	19.2M
Liabilities And Stockholders Equity	3.4M	3.3M	4.1M	6.5M	7.5M	4.7M
Inventory	1.6M	1.7M	2.2M	2.6M	3.0M	2.0M
Other Current Assets	150.0K	45.9K	239.0K	96.1K	110.5K	132.5K
Other Stockholder Equity	5.7M	13.2M	18.4M	24.9M	28.6M	14.8M
Total Liab	69.3K	113.6K	1.5M	39.5K	45.4K	43.1K

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When determining whether NeoVolta Common Stock is a strong investment it is important to analyze NeoVolta Common's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeoVolta Common's future performance. For an informed investment choice regarding NeoVolta Stock, refer to the following important reports:

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What is NeoVolta Common's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoVolta Common Stock. 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.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running NeoVolta Common's price analysis, check to measure NeoVolta Common'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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.

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Is NeoVolta Common'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 NeoVolta Common. If investors know NeoVolta 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 NeoVolta Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.06)

Revenue Per Share

0.094

Quarterly Revenue Growth

0.795

Return On Assets

(0.19)

Return On Equity

(0.30)

The market value of NeoVolta Common Stock is measured differently than its book value, which is the value of NeoVolta that is recorded on the company's balance sheet. Investors also form their own opinion of NeoVolta Common's value that differs from its market value or its book value, called intrinsic value, which is NeoVolta Common'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 NeoVolta Common's market value can be influenced by many factors that don't directly affect NeoVolta Common'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 NeoVolta Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoVolta Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoVolta Common'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.

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NeoVolta Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

NeoVolta Common fundamental ratios Correlations

NeoVolta Common Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NeoVolta Common fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Capital Stock	+ 1.0	Net Invested Capital
Inventory	+ 0.99	Common Stock Shares Outstanding
Net Receivables	+ 0.99	Other Stockholder Equity
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding

Net Receivables	- 0.96	Retained Earnings
Inventory	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Common Stock	- 0.94	Retained Earnings
Short Long Term Debt Total	- 0.93	Retained Earnings