Navitas Net Receivables vs Cash Analysis

NVTS Stock  USD 3.97  0.13  3.17%   
Navitas Semiconductor financial indicator trend analysis is infinitely more than just investigating Navitas Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navitas Semiconductor is a good investment. Please check the relationship between Navitas Semiconductor Net Receivables and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Net Receivables account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Navitas Semiconductor's Net Receivables and Cash is 0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Navitas Semiconductor Corp, assuming nothing else is changed. The correlation between historical values of Navitas Semiconductor's Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Navitas Semiconductor Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Navitas Semiconductor's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Cash

Cash refers to the most liquid asset of Navitas Semiconductor, which is listed under current asset account on Navitas Semiconductor Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Navitas Semiconductor customers. The amounts must be unrestricted with restricted cash listed in a different Navitas Semiconductor account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Navitas Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navitas Semiconductor 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 Navitas Semiconductor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Navitas Semiconductor's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.7M11.9M31.1M32.6M
Total Revenue23.7M37.9M79.5M83.4M

Navitas Semiconductor fundamental ratios Correlations

0.940.690.80.90.420.960.87-0.82-0.90.850.830.870.890.510.830.831.00.51.00.890.840.630.88-0.341.0
0.940.810.880.820.430.910.86-0.85-0.960.890.840.810.920.270.840.920.950.630.950.930.80.760.89-0.380.94
0.690.810.980.83-0.040.780.92-0.5-0.840.960.450.850.92-0.210.450.960.690.240.720.920.890.380.53-0.470.67
0.80.880.980.890.10.880.96-0.64-0.920.990.590.90.97-0.050.590.990.790.340.820.980.940.480.66-0.430.79
0.90.820.830.890.110.950.98-0.63-0.840.940.590.990.940.310.590.880.880.210.90.930.990.350.66-0.450.88
0.420.43-0.040.10.110.40.06-0.82-0.490.10.840.010.260.570.840.210.460.850.370.270.010.820.780.440.49
0.960.910.780.880.950.40.93-0.83-0.940.920.810.920.960.420.810.90.960.480.950.960.920.60.85-0.310.96
0.870.860.920.960.980.060.93-0.61-0.870.990.570.980.970.160.570.950.860.250.880.970.990.390.65-0.520.85
-0.82-0.85-0.5-0.64-0.63-0.82-0.83-0.610.89-0.65-1.0-0.56-0.76-0.52-1.0-0.72-0.85-0.86-0.79-0.77-0.56-0.91-0.990.01-0.86
-0.9-0.96-0.84-0.92-0.84-0.49-0.94-0.870.89-0.91-0.86-0.81-0.96-0.22-0.86-0.95-0.91-0.63-0.9-0.97-0.83-0.75-0.90.23-0.91
0.850.890.960.990.940.10.920.99-0.65-0.910.610.950.980.070.610.980.850.340.870.980.970.480.68-0.510.84
0.830.840.450.590.590.840.810.57-1.0-0.860.610.530.720.551.00.670.860.860.80.730.520.910.990.020.86
0.870.810.850.90.990.010.920.98-0.56-0.810.950.530.930.260.530.880.850.180.890.920.990.320.6-0.580.84
0.890.920.920.970.940.260.960.97-0.76-0.960.980.720.930.170.720.980.90.430.91.00.950.560.78-0.380.89
0.510.27-0.21-0.050.310.570.420.16-0.52-0.220.070.550.260.170.550.020.510.390.460.160.160.380.53-0.030.52
0.830.840.450.590.590.840.810.57-1.0-0.860.611.00.530.720.550.670.860.860.80.730.520.910.990.020.86
0.830.920.960.990.880.210.90.95-0.72-0.950.980.670.880.980.020.670.830.450.850.990.910.580.73-0.420.82
1.00.950.690.790.880.460.960.86-0.85-0.910.850.860.850.90.510.860.830.550.990.890.830.670.9-0.331.0
0.50.630.240.340.210.850.480.25-0.86-0.630.340.860.180.430.390.860.450.550.470.450.150.980.82-0.010.54
1.00.950.720.820.90.370.950.88-0.79-0.90.870.80.890.90.460.80.850.990.470.90.860.610.86-0.390.99
0.890.930.920.980.930.270.960.97-0.77-0.970.980.730.921.00.160.730.990.890.450.90.940.580.79-0.370.89
0.840.80.890.940.990.010.920.99-0.56-0.830.970.520.990.950.160.520.910.830.150.860.940.30.59-0.480.82
0.630.760.380.480.350.820.60.39-0.91-0.750.480.910.320.560.380.910.580.670.980.610.580.30.89-0.080.66
0.880.890.530.660.660.780.850.65-0.99-0.90.680.990.60.780.530.990.730.90.820.860.790.590.89-0.050.91
-0.34-0.38-0.47-0.43-0.450.44-0.31-0.520.010.23-0.510.02-0.58-0.38-0.030.02-0.42-0.33-0.01-0.39-0.37-0.48-0.08-0.05-0.28
1.00.940.670.790.880.490.960.85-0.86-0.910.840.860.840.890.520.860.821.00.540.990.890.820.660.91-0.28
Click cells to compare fundamentals

Navitas Semiconductor Account Relationship Matchups

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When determining whether Navitas Semiconductor is a strong investment it is important to analyze Navitas Semiconductor'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 Navitas Semiconductor's future performance. For an informed investment choice regarding Navitas Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Navitas Semiconductor'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 Navitas Semiconductor. If investors know Navitas 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 Navitas Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.49)
Revenue Per Share
0.511
Quarterly Revenue Growth
0.735
Return On Assets
(0.16)
Return On Equity
(0.24)
The market value of Navitas Semiconductor is measured differently than its book value, which is the value of Navitas that is recorded on the company's balance sheet. Investors also form their own opinion of Navitas Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Navitas Semiconductor'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 Navitas Semiconductor's market value can be influenced by many factors that don't directly affect Navitas Semiconductor'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 Navitas Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navitas Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navitas Semiconductor'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.