Navitas Depreciation And Amortization from 2010 to 2024

NVTS Stock  USD 4.45  0.19  4.09%   
Navitas Semiconductor Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization is likely to outpace its year average in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2010-12-31
Previous Quarter
21 M
Current Value
22 M
Quarterly Volatility
20 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Navitas Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Navitas Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 1.7 M or Selling General Administrative of 45.9 M, as well as many indicators such as Price To Sales Ratio of 16.3, Dividend Yield of 0.0 or PTB Ratio of 3.4. Navitas financial statements analysis is a perfect complement when working with Navitas Semiconductor Valuation or Volatility modules.
  
Check out the analysis of Navitas Semiconductor Correlation against competitors.

Latest Navitas Semiconductor's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Navitas Semiconductor Corp over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Navitas Semiconductor's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Navitas Semiconductor's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Pretty Stable
   Depreciation And Amortization   
       Timeline  

Navitas Depreciation And Amortization Regression Statistics

Arithmetic Mean2,748,800
Coefficient Of Variation725.96
Mean Deviation10,718,347
Median385,000
Standard Deviation19,955,112
Sample Variance398.2T
Range97.4M
R-Value0.16
Mean Square Error418.3T
R-Squared0.02
Significance0.58
Slope698,843
Total Sum of Squares5574.9T

Navitas Depreciation And Amortization History

202422 M
202321 M
2022-51.8 M
202145.6 M
2020511 K

About Navitas Semiconductor Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Navitas Semiconductor income statement, its balance sheet, and the statement of cash flows. Navitas Semiconductor investors use historical funamental indicators, such as Navitas Semiconductor's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Navitas Semiconductor investors may use each financial statement separately, they are all related. The changes in Navitas Semiconductor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Navitas Semiconductor's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Navitas Semiconductor Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Navitas Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization21 M22 M

Pair Trading with Navitas Semiconductor

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 Navitas Semiconductor 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 Navitas Semiconductor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Navitas Stock

  0.7ENTG EntegrisPairCorr
  0.65INTC Intel Financial Report 25th of July 2024 PairCorr

Moving against Navitas Stock

  0.48FSLR First SolarPairCorr
The ability to find closely correlated positions to Navitas Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Navitas Semiconductor 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 Navitas Semiconductor - 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 Navitas Semiconductor Corp to buy it.
The correlation of Navitas Semiconductor 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 Navitas Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Navitas Semiconductor 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 Navitas Semiconductor 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.
Pair CorrelationCorrelation Matching

Additional Tools for Navitas Stock Analysis

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