NeoVolta Total Current Liabilities vs Short Long Term Debt Total Analysis

NEOV Stock  USD 2.81  0.02  0.71%   
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 Total Current Liabilities and its Short Long Term Debt Total 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.

Total Current Liabilities vs Short Long Term Debt Total

Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NeoVolta Common Stock Total Current Liabilities account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NeoVolta Common's Total Current Liabilities and Short Long Term Debt Total is 0.4. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total 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 Total Current Liabilities and Short Long Term Debt Total 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 Liabilities of NeoVolta Common Stock are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., NeoVolta Common's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on NeoVolta Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NeoVolta Common Stock are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt Total

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 Profit667.1K688.0K791.2K616.4K
Total Revenue4.5M3.5M4.0M4.1M

NeoVolta Common fundamental ratios Correlations

0.06-0.410.230.21-0.090.40.93-0.390.760.95-0.55-0.550.250.740.340.820.311.00.280.460.0-0.01-0.20.09-0.09
0.06-0.850.930.970.610.820.370.510.37-0.21-0.61-0.610.850.050.840.380.80.030.830.750.80.810.75-0.690.69
-0.41-0.85-0.86-0.94-0.61-0.93-0.68-0.4-0.63-0.170.770.77-0.94-0.23-0.95-0.55-0.94-0.39-0.96-0.91-0.8-0.8-0.690.54-0.56
0.230.93-0.860.920.650.780.470.510.52-0.02-0.65-0.650.910.220.910.450.880.210.870.820.810.810.75-0.420.59
0.210.97-0.940.920.60.90.530.460.51-0.06-0.73-0.730.910.150.920.480.880.190.910.830.820.820.74-0.690.69
-0.090.61-0.610.650.60.70.090.95-0.1-0.3-0.03-0.030.74-0.380.720.090.79-0.110.760.790.950.940.95-0.410.72
0.40.82-0.930.780.90.70.670.480.440.13-0.6-0.60.860.120.90.630.890.380.890.950.840.840.71-0.690.68
0.930.37-0.680.470.530.090.67-0.220.830.8-0.75-0.750.510.680.60.880.550.930.540.670.250.250.05-0.220.17
-0.390.51-0.40.510.460.950.48-0.22-0.33-0.560.170.170.6-0.570.54-0.190.62-0.420.60.570.860.860.93-0.340.66
0.760.37-0.630.520.51-0.10.440.83-0.330.66-0.92-0.920.540.850.580.710.50.750.50.470.150.140.00.00.01
0.95-0.21-0.17-0.02-0.06-0.30.130.8-0.560.66-0.4-0.4-0.010.670.080.620.070.950.050.2-0.26-0.27-0.430.28-0.29
-0.55-0.610.77-0.65-0.73-0.03-0.6-0.750.17-0.92-0.41.0-0.68-0.68-0.7-0.65-0.61-0.55-0.64-0.55-0.33-0.33-0.20.35-0.28
-0.55-0.610.77-0.65-0.73-0.03-0.6-0.750.17-0.92-0.41.0-0.68-0.68-0.7-0.65-0.61-0.55-0.64-0.55-0.33-0.33-0.20.35-0.28
0.250.85-0.940.910.910.740.860.510.60.54-0.01-0.68-0.680.170.990.440.980.220.980.910.910.90.84-0.460.66
0.740.05-0.230.220.15-0.380.120.68-0.570.850.67-0.68-0.680.170.240.770.110.750.080.17-0.19-0.2-0.320.21-0.21
0.340.84-0.950.910.920.720.90.60.540.580.08-0.7-0.70.990.240.550.980.320.970.940.890.890.8-0.480.66
0.820.38-0.550.450.480.090.630.88-0.190.710.62-0.65-0.650.440.770.550.430.820.40.610.240.240.06-0.240.19
0.310.8-0.940.880.880.790.890.550.620.50.07-0.61-0.610.980.110.980.430.290.990.950.920.910.84-0.440.66
1.00.03-0.390.210.19-0.110.380.93-0.420.750.95-0.55-0.550.220.750.320.820.290.260.44-0.03-0.03-0.220.11-0.11
0.280.83-0.960.870.910.760.890.540.60.50.05-0.64-0.640.980.080.970.40.990.260.930.910.910.83-0.50.67
0.460.75-0.910.820.830.790.950.670.570.470.2-0.55-0.550.910.170.940.610.950.440.930.880.880.77-0.470.64
0.00.8-0.80.810.820.950.840.250.860.15-0.26-0.33-0.330.91-0.190.890.240.92-0.030.910.881.00.98-0.540.77
-0.010.81-0.80.810.820.940.840.250.860.14-0.27-0.33-0.330.9-0.20.890.240.91-0.030.910.881.00.98-0.560.79
-0.20.75-0.690.750.740.950.710.050.930.0-0.43-0.2-0.20.84-0.320.80.060.84-0.220.830.770.980.98-0.490.75
0.09-0.690.54-0.42-0.69-0.41-0.69-0.22-0.340.00.280.350.35-0.460.21-0.48-0.24-0.440.11-0.5-0.47-0.54-0.56-0.49-0.8
-0.090.69-0.560.590.690.720.680.170.660.01-0.29-0.28-0.280.66-0.210.660.190.66-0.110.670.640.770.790.75-0.8
Click cells to compare fundamentals

NeoVolta Common Account Relationship Matchups

NeoVolta Common fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities25.3K94.2K1.5M39.5K45.4K43.1K
Net Tangible Assets3.3M3.1M2.6M6.5M7.4M7.8M
Retained Earnings(2.4M)(10.0M)(15.8M)(18.4M)(16.6M)(15.8M)
Total Current Assets3.4M3.3M4.1M6.5M7.5M4.0M
Common Stock14.4K19.6K22.0K33.2K38.1K40.0K
Total Assets3.4M3.3M4.1M6.5M7.5M4.7M
Other Current Liab21.6K40.7K180.8K39.5K45.4K64.6K
Total Stockholder Equity3.3M3.1M2.6M6.5M7.4M4.3M
Net Debt(1.3M)(406.4K)791.3K(2.0M)(2.3M)(2.4M)
Cash1.3M425.7K330.4K2.0M1.8M1.2M
Cash And Short Term Investments1.3M425.7K330.4K2.0M1.8M1.2M
Common Stock Shares Outstanding12.4M17.9M20.6M32.0M36.8M19.2M
Liabilities And Stockholders Equity3.4M3.3M4.1M6.5M7.5M4.7M
Inventory1.6M1.7M2.2M2.6M3.0M2.0M
Other Current Assets150.0K45.9K239.0K96.1K110.5K132.5K
Other Stockholder Equity5.7M13.2M18.4M24.9M28.6M14.8M
Total Liab69.3K113.6K1.5M39.5K45.4K43.1K
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 NeoVolta Common 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, NeoVolta Common's short interest history, or implied volatility extrapolated from NeoVolta Common options trading.

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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:
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.