Navigator Non Current Liabilities Total vs Total Liab Analysis
NVGS Stock | USD 16.22 0.35 2.11% |
Navigator Holdings financial indicator trend analysis is infinitely more than just investigating Navigator Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navigator Holdings is a good investment. Please check the relationship between Navigator Holdings Non Current Liabilities Total and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Navigator Stock please use our How to Invest in Navigator Holdings guide.
Non Current Liabilities Total vs Total Liab
Non Current Liabilities Total vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navigator Holdings Non Current Liabilities Total account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Navigator Holdings' Non Current Liabilities Total and Total Liab is 0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Navigator Holdings, assuming nothing else is changed. The correlation between historical values of Navigator Holdings' Non Current Liabilities Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Navigator Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Liabilities Total i.e., Navigator Holdings' Non Current Liabilities Total and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Navigator Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navigator Holdings 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 Navigator Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Navigator Stock please use our How to Invest in Navigator Holdings guide.At this time, Navigator Holdings' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 9.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 90.6M | 88.9M | 163.6M | 86.2M | Total Revenue | 403.6M | 473.8M | 550.7M | 279.8M |
Navigator Holdings fundamental ratios Correlations
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Navigator Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navigator Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.8B | 2.2B | 2.1B | 2.2B | 1.5B | |
Other Current Liab | 19.5M | 20.1M | 26.7M | 29.7M | 26.9M | 15.1M | |
Total Current Liabilities | 109.8M | 107.2M | 207.3M | 270.6M | 185.4M | 103.2M | |
Total Stockholder Equity | 939.8M | 940.5M | 1.1B | 1.2B | 1.2B | 825.8M | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.8B | 1.7B | 1.8B | 1.3B | |
Current Deferred Revenue | 13.9M | 11.6M | 18.5M | 23.1M | 25.6M | 26.9M | |
Net Debt | 750.8M | 733.4M | 796.5M | 657.3M | 698.8M | 529.7M | |
Retained Earnings | 347.6M | 347.0M | 309.8M | 364M | 390.2M | 249.0M | |
Accounts Payable | 10.5M | 8.6M | 13.2M | 7.8M | 11.6M | 8.4M | |
Cash | 66.1M | 59.1M | 124.0M | 153.2M | 158.2M | 85.1M | |
Non Current Assets Total | 1.7B | 1.7B | 1.9B | 1.9B | 2.0B | 1.4B | |
Non Currrent Assets Other | (1.7B) | 2.0M | 26.5M | 6.2M | 1M | 950K | |
Cash And Short Term Investments | 66.1M | 59.1M | 124.0M | 153.2M | 158.2M | 89.3M | |
Common Stock Total Equity | 555K | 557K | 558K | 559K | 642.9K | 443.2K | |
Common Stock Shares Outstanding | 55.8M | 55.9M | 64.7M | 77.6M | 74.6M | 54.6M | |
Liabilities And Stockholders Equity | 1.9B | 1.8B | 2.2B | 2.1B | 2.2B | 1.5B | |
Non Current Liabilities Total | 824.8M | 789.8M | 835.2M | 652.7M | 797.9M | 566.4M | |
Other Current Assets | 17.7M | 22.0M | 15.8M | 21.2M | 16.1M | 12.1M | |
Other Stockholder Equity | 592.0M | 593.3M | 797.3M | 798.2M | 799.5M | 688.8M | |
Total Liab | 934.7M | 897.0M | 1.0B | 923.3M | 983.3M | 644.4M | |
Total Current Assets | 126.4M | 136.5M | 213.7M | 228.3M | 254.4M | 135.5M | |
Accumulated Other Comprehensive Income | (331K) | (245K) | 1.9M | (463K) | (152K) | (159.6K) | |
Common Stock | 558K | 559K | 772K | 769K | 733K | 493.1K | |
Short Long Term Debt Total | 816.9M | 792.5M | 920.5M | 810.5M | 857.1M | 659.6M | |
Net Receivables | 33.0M | 46.8M | 60.7M | 45.4M | 71.0M | 74.6M | |
Inventory | 9.6M | 8.4M | 13.2M | 8.5M | 9.0M | 7.4M | |
Short Term Debt | 65.9M | 66.9M | 149.0M | 210.1M | 121.2M | 91.5M | |
Long Term Debt | 744.7M | 720.3M | 771.0M | 596.5M | 732.3M | 658.7M | |
Property Plant Equipment | 1.6B | 1.6B | 1.8B | 1.7B | 2.0B | 1.5B | |
Net Tangible Assets | 939.8M | 940.3M | 1.1B | 1.2B | 1.3B | 1.0B | |
Short Long Term Debt | 64.7M | 65.7M | 148.6M | 209.8M | 188.8M | 114.8M | |
Long Term Investments | 130.7M | 148.7M | 149.1M | 148.5M | 174.9M | 124.9M | |
Net Invested Capital | 1.7B | 1.7B | 2.0B | 2.0B | 1.9B | 2.0B | |
Net Working Capital | 16.6M | 29.3M | 6.3M | (42.3M) | 69.9M | 73.4M | |
Capital Stock | 558K | 559K | 772K | 769K | 733K | 723.8K |
Pair Trading with Navigator Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Navigator Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Navigator Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Navigator Stock
0.64 | EE | Excelerate Energy | PairCorr |
0.79 | TK | Teekay | PairCorr |
The ability to find closely correlated positions to Navigator Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Navigator Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Navigator Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Navigator Holdings to buy it.
The correlation of Navigator Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Navigator Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Navigator Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Navigator Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Navigator Stock please use our How to Invest in Navigator Holdings guide.Note that the Navigator Holdings information on this page should be used as a complementary analysis to other Navigator Holdings' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Navigator Holdings' price analysis, check to measure Navigator Holdings' 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 Navigator Holdings is operating at the current time. Most of Navigator Holdings' value examination focuses on studying past and present price action to predict the probability of Navigator Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Holdings' price. Additionally, you may evaluate how the addition of Navigator Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Navigator Holdings' 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 Navigator Holdings. If investors know Navigator 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 Navigator Holdings 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 0.854 | Dividend Share 0.15 | Earnings Share 1.1 | Revenue Per Share 7.433 | Quarterly Revenue Growth 0.149 |
The market value of Navigator Holdings is measured differently than its book value, which is the value of Navigator that is recorded on the company's balance sheet. Investors also form their own opinion of Navigator Holdings' value that differs from its market value or its book value, called intrinsic value, which is Navigator Holdings' 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 Navigator Holdings' market value can be influenced by many factors that don't directly affect Navigator Holdings' 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 Navigator Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Navigator Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navigator Holdings' 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.