NVE Total Permanent Equity vs Total Assets Analysis

NVEC Stock  USD 76.86  1.33  1.70%   
NVE financial indicator trend analysis is infinitely more than just investigating NVE Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVE Corporation is a good investment. Please check the relationship between NVE Total Permanent Equity and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Permanent Equity vs Total Assets

Total Permanent Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NVE Corporation Total Permanent Equity account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NVE's Total Permanent Equity and Total Assets is -0.05. Overlapping area represents the amount of variation of Total Permanent Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of NVE Corporation, assuming nothing else is changed. The correlation between historical values of NVE's Total Permanent Equity and Total Assets 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 Permanent Equity of NVE Corporation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Permanent Equity i.e., NVE's Total Permanent Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Permanent Equity

Total Assets

Total assets refers to the total amount of NVE assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NVE Corporation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from NVE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVE Corporation 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 NVE Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, NVE's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M1.4M1.7M1.4M
Depreciation And Amortization425.0K257.6K308.1K292.7K

NVE fundamental ratios Correlations

0.870.330.051.00.660.16-0.170.990.290.120.930.230.610.120.850.830.660.480.080.620.860.01-0.160.59-0.2
0.870.11-0.050.870.50.18-0.030.870.39-0.030.840.140.52-0.060.740.660.590.64-0.260.530.69-0.06-0.540.45-0.53
0.330.110.80.310.630.090.10.260.53-0.090.25-0.160.190.650.450.440.32-0.090.380.360.480.750.280.330.36
0.05-0.050.80.030.320.250.130.010.7-0.13-0.040.00.160.50.130.10.250.110.070.060.110.89-0.010.220.17
1.00.870.310.030.660.16-0.170.990.270.120.940.240.60.110.850.830.660.480.070.630.860.0-0.170.59-0.21
0.660.50.630.320.660.490.30.640.21-0.320.770.130.010.050.530.510.210.150.060.730.590.220.130.05-0.08
0.160.180.090.250.160.490.50.220.06-0.540.380.33-0.31-0.46-0.26-0.31-0.170.14-0.640.16-0.220.07-0.32-0.41-0.6
-0.17-0.030.10.13-0.170.30.5-0.14-0.01-0.990.050.02-0.63-0.01-0.32-0.39-0.33-0.09-0.470.17-0.330.0-0.12-0.58-0.38
0.990.870.260.010.990.640.22-0.140.250.070.940.30.590.070.790.770.650.47-0.010.580.8-0.04-0.220.56-0.29
0.290.390.530.70.270.210.06-0.010.25-0.020.16-0.030.420.310.390.330.470.28-0.10.190.350.62-0.450.42-0.15
0.12-0.03-0.09-0.130.12-0.32-0.54-0.990.07-0.02-0.1-0.060.590.030.30.360.290.070.51-0.190.30.020.170.550.43
0.930.840.25-0.040.940.770.380.050.940.16-0.10.240.3-0.10.710.660.40.4-0.090.660.72-0.11-0.180.27-0.34
0.230.14-0.160.00.240.130.330.020.3-0.03-0.060.240.19-0.22-0.03-0.020.310.2-0.230.08-0.02-0.28-0.060.09-0.26
0.610.520.190.160.60.01-0.31-0.630.590.420.590.30.190.360.660.680.910.490.250.140.630.22-0.190.970.03
0.12-0.060.650.50.110.05-0.46-0.010.070.310.03-0.1-0.220.360.390.410.45-0.080.580.110.370.520.370.550.55
0.850.740.450.130.850.53-0.26-0.320.790.390.30.71-0.030.660.390.980.70.470.430.650.970.180.040.70.17
0.830.660.440.10.830.51-0.31-0.390.770.330.360.66-0.020.680.410.980.690.420.530.660.990.140.160.750.27
0.660.590.320.250.660.21-0.17-0.330.650.470.290.40.310.910.450.70.690.50.220.360.660.23-0.140.89-0.03
0.480.64-0.090.110.480.150.14-0.090.470.280.070.40.20.49-0.080.470.420.5-0.240.310.390.13-0.440.4-0.33
0.08-0.260.380.070.070.06-0.64-0.47-0.01-0.10.51-0.09-0.230.250.580.430.530.22-0.240.280.480.140.830.410.92
0.620.530.360.060.630.730.160.170.580.19-0.190.660.080.140.110.650.660.360.310.280.72-0.110.240.20.03
0.860.690.480.110.860.59-0.22-0.330.80.350.30.72-0.020.630.370.970.990.660.390.480.720.140.140.70.22
0.01-0.060.750.890.00.220.070.0-0.040.620.02-0.11-0.280.220.520.180.140.230.130.14-0.110.14-0.030.290.26
-0.16-0.540.28-0.01-0.170.13-0.32-0.12-0.22-0.450.17-0.18-0.06-0.190.370.040.16-0.14-0.440.830.240.14-0.03-0.030.86
0.590.450.330.220.590.05-0.41-0.580.560.420.550.270.090.970.550.70.750.890.40.410.20.70.29-0.030.21
-0.2-0.530.360.17-0.21-0.08-0.6-0.38-0.29-0.150.43-0.34-0.260.030.550.170.27-0.03-0.330.920.030.220.260.860.21
Click cells to compare fundamentals

NVE Account Relationship Matchups

NVE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.5M72.5M67.5M69.3M66.8M54.1M
Other Current Liab482.1K540.5K1.4M1.4M729.2K761.9K
Total Current Liabilities796.2K1.0M2.5M1.8M1.0M1.1M
Total Stockholder Equity78.0M70.9M64.6M67.1M65.6M52.3M
Property Plant And Equipment Net1.4M1.0M1.2M1.8M1.3M1.6M
Net Debt(7.2M)(9.7M)(9.8M)(1.2M)(9.9M)(9.4M)
Retained Earnings58.0M50.4M45.6M48.9M46.7M34.8M
Accounts Payable187.0K336.6K943.5K281.7K127.2K120.8K
Cash8.1M10.4M10.4M1.7M10.3M10.8M
Non Current Assets Total45.1M48.1M26.0M38.5M33.6M35.1M
Non Currrent Assets Other(45.0M)(48.1M)(25.5M)(37.9M)1.5M1.5M
Cash And Short Term Investments27.2M18.1M31.3M17.2M22.2M12.8M
Net Receivables2.7M2.0M4.7M6.5M3.1M2.7M
Common Stock Shares Outstanding4.8M4.8M4.8M4.8M4.8M4.3M
Short Term Investments19.1M7.7M20.8M15.5M11.9M11.1M
Liabilities And Stockholders Equity79.5M72.5M67.5M69.3M66.8M54.1M
Non Current Liabilities Total706.6K581.5K446.0K342.9K175.8K167.0K
Inventory3.9M3.9M5.1M6.4M7.2M7.5M
Other Current Assets655.8K391.3K420.5K663.5K689.3K749.2K
Other Stockholder Equity19.4M19.3M19.3M19.3M19.6M17.4M
Total Liab1.5M1.6M2.9M2.2M1.2M1.3M
Property Plant And Equipment Gross1.4M1.0M606.4K10.5M12.7M13.4M
Total Current Assets34.4M24.4M41.5M30.8M33.2M19.1M
Accumulated Other Comprehensive Income516.5K1.1M(318.1K)(1.2M)(777.6K)(738.8K)
Property Plant Equipment582.5K336.7K606.4K2.0M1.8M1.2M
Net Tangible Assets78.0M70.9M64.6M67.1M60.4M68.6M
Other Assets353.7K108.1K73.5K483.5K556.0K583.8K
Retained Earnings Total Equity58.0M50.4M45.6M48.9M44.1M52.4M
Capital Surpluse19.4M19.3M19.3M19.3M17.4M15.9M
Long Term Investments43.6M47.0M24.3M36.1M30.8M42.6M
Net Invested Capital78.0M70.9M64.6M67.1M65.6M58.9M
Net Working Capital33.6M23.3M39.0M29.0M32.2M33.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether NVE Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nve Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nve Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVE Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the NVE Corporation information on this page should be used as a complementary analysis to other NVE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running NVE's price analysis, check to measure NVE'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 NVE is operating at the current time. Most of NVE's value examination focuses on studying past and present price action to predict the probability of NVE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVE's price. Additionally, you may evaluate how the addition of NVE to your portfolios can decrease your overall portfolio volatility.
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Is NVE'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 NVE. If investors know NVE 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 NVE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Dividend Share
4
Earnings Share
3.54
Revenue Per Share
6.167
Quarterly Revenue Growth
(0.45)
The market value of NVE Corporation is measured differently than its book value, which is the value of NVE that is recorded on the company's balance sheet. Investors also form their own opinion of NVE's value that differs from its market value or its book value, called intrinsic value, which is NVE'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 NVE's market value can be influenced by many factors that don't directly affect NVE'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 NVE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVE'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.