EnVVeno Capital Surpluse vs Current Deferred Revenue Analysis

NVNO Stock  USD 4.99  0.04  0.81%   
EnVVeno Medical financial indicator trend analysis is much more than just examining enVVeno Medical Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether enVVeno Medical Corp is a good investment. Please check the relationship between EnVVeno Medical Capital Surpluse and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical 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 board of governors.

Capital Surpluse vs Current Deferred Revenue

Capital Surpluse vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of enVVeno Medical Corp Capital Surpluse account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EnVVeno Medical's Capital Surpluse and Current Deferred Revenue is 0.58. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of enVVeno Medical Corp, assuming nothing else is changed. The correlation between historical values of EnVVeno Medical's Capital Surpluse and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of enVVeno Medical Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Surpluse i.e., EnVVeno Medical's Capital Surpluse and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from EnVVeno Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into enVVeno Medical Corp 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 enVVeno Medical 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 board of governors.
As of the 19th of May 2024, Enterprise Value is likely to grow to about 64.1 M, while Selling General Administrative is likely to drop about 9.4 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation452.9K525K542K404.4K
Research Development5.7M9.9M13.6M14.3M

EnVVeno Medical fundamental ratios Correlations

0.12-0.5-0.570.990.87-0.31-0.59-0.9-0.330.590.69-0.31.00.96-0.220.850.95-0.471.0-0.56-0.56-0.34-0.60.98-0.68
0.120.70.680.02-0.030.09-0.120.12-0.130.160.280.590.110.080.460.15-0.060.670.110.70.23-0.190.16-0.010.43
-0.50.70.97-0.58-0.610.050.450.510.2-0.41-0.260.79-0.5-0.440.59-0.29-0.540.91-0.50.950.57-0.20.4-0.590.73
-0.570.680.97-0.65-0.640.220.360.630.27-0.32-0.250.79-0.57-0.560.61-0.42-0.640.94-0.570.960.62-0.150.44-0.660.77
0.990.02-0.58-0.650.88-0.33-0.59-0.91-0.330.580.65-0.390.990.96-0.320.850.96-0.560.99-0.64-0.62-0.3-0.610.99-0.73
0.87-0.03-0.61-0.640.88-0.19-0.67-0.8-0.130.670.79-0.340.870.8-0.340.650.83-0.560.87-0.66-0.68-0.22-0.680.91-0.77
-0.310.090.050.22-0.33-0.19-0.530.62-0.020.53-0.020.15-0.32-0.550.29-0.59-0.530.28-0.320.240.380.20.39-0.350.42
-0.59-0.120.450.36-0.59-0.67-0.530.290.13-1.0-0.550.2-0.59-0.350.14-0.22-0.390.3-0.590.380.370.180.34-0.590.39
-0.90.120.510.63-0.91-0.80.620.290.09-0.27-0.570.31-0.9-0.950.34-0.84-0.990.56-0.90.670.650.380.77-0.930.83
-0.33-0.130.20.27-0.33-0.13-0.020.130.09-0.140.00.46-0.33-0.340.04-0.44-0.180.18-0.330.01-0.06-0.31-0.5-0.21-0.23
0.590.16-0.41-0.320.580.670.53-1.0-0.27-0.140.56-0.170.590.34-0.120.220.38-0.260.58-0.34-0.35-0.19-0.320.58-0.36
0.690.28-0.26-0.250.650.79-0.02-0.55-0.570.00.560.180.680.620.220.370.61-0.050.68-0.31-0.21-0.08-0.580.68-0.44
-0.30.590.790.79-0.39-0.340.150.20.310.46-0.170.18-0.31-0.290.82-0.41-0.340.89-0.310.650.58-0.28-0.03-0.350.45
1.00.11-0.5-0.570.990.87-0.32-0.59-0.9-0.330.590.68-0.310.96-0.230.860.95-0.481.0-0.56-0.56-0.35-0.60.98-0.68
0.960.08-0.44-0.560.960.8-0.55-0.35-0.95-0.340.340.62-0.290.96-0.210.910.97-0.460.96-0.54-0.52-0.32-0.580.94-0.66
-0.220.460.590.61-0.32-0.340.290.140.340.04-0.120.220.82-0.23-0.21-0.37-0.330.85-0.230.570.85-0.110.25-0.330.61
0.850.15-0.29-0.420.850.65-0.59-0.22-0.84-0.440.220.37-0.410.860.91-0.370.87-0.430.86-0.34-0.54-0.33-0.360.81-0.51
0.95-0.06-0.54-0.640.960.83-0.53-0.39-0.99-0.180.380.61-0.340.950.97-0.330.87-0.570.95-0.66-0.64-0.36-0.720.97-0.8
-0.470.670.910.94-0.56-0.560.280.30.560.18-0.26-0.050.89-0.48-0.460.85-0.43-0.57-0.480.890.79-0.150.41-0.580.78
1.00.11-0.5-0.570.990.87-0.32-0.59-0.9-0.330.580.68-0.311.00.96-0.230.860.95-0.48-0.56-0.56-0.35-0.60.98-0.68
-0.560.70.950.96-0.64-0.660.240.380.670.01-0.34-0.310.65-0.56-0.540.57-0.34-0.660.89-0.560.65-0.010.64-0.680.87
-0.560.230.570.62-0.62-0.680.380.370.65-0.06-0.35-0.210.58-0.56-0.520.85-0.54-0.640.79-0.560.650.10.63-0.660.84
-0.34-0.19-0.2-0.15-0.3-0.220.20.180.38-0.31-0.19-0.08-0.28-0.35-0.32-0.11-0.33-0.36-0.15-0.35-0.010.10.42-0.330.23
-0.60.160.40.44-0.61-0.680.390.340.77-0.5-0.32-0.58-0.03-0.6-0.580.25-0.36-0.720.41-0.60.640.630.42-0.710.88
0.98-0.01-0.59-0.660.990.91-0.35-0.59-0.93-0.210.580.68-0.350.980.94-0.330.810.97-0.580.98-0.68-0.66-0.33-0.71-0.8
-0.680.430.730.77-0.73-0.770.420.390.83-0.23-0.36-0.440.45-0.68-0.660.61-0.51-0.80.78-0.680.870.840.230.88-0.8
Click cells to compare fundamentals

EnVVeno Medical Account Relationship Matchups

EnVVeno Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M10.5M57.7M41.7M48.6M51.1M
Other Current Liab333.4K1.1M60.1K568K1.0M901.0K
Total Current Liabilities1.9M3.2M1.6M1.5M1.4M2.3M
Total Stockholder Equity989.9K7.1M54.4M38.7M46.2M48.5M
Property Plant And Equipment Net1.2M938.9K2.6M2.2M1.7M1.1M
Net Debt(450.6K)(8.5M)(52.7M)(2.8M)(2.2M)(2.3M)
Retained Earnings(56.2M)(65.3M)(81.9M)(106.5M)(130.0M)(123.5M)
Accounts Payable1.2M1.4M560.1K648K427K705.4K
Cash1.3M9.3M54.7M4.6M3.6M3.4M
Non Current Assets Total2.0M968.8K2.7M2.2M1.7M1.8M
Cash And Short Term Investments1.3M9.3M54.7M39.0M46.4M48.7M
Common Stock Shares Outstanding630.4K1.3M8.7M11.2M12.3M12.9M
Liabilities And Stockholders Equity3.4M10.5M57.7M41.7M48.6M51.1M
Non Current Liabilities Total567.9K253.7K1.7M1.4M1.1M1.5M
Other Current Assets116.6K234.5K312.4K392K511K536.6K
Other Stockholder Equity57.2M72.4M136.3M145.2M176.2M185.0M
Total Liab2.4M3.4M3.3M2.9M2.4M3.7M
Total Current Assets1.4M9.6M55.0M39.4M46.9M49.3M
Short Term Debt288.7K626.9K291.1K314K338K619.4K
Common Stock117.0179.025.095.085.582.17
Net Tangible Assets989.9K7.1M54.4M38.7M44.5M46.8M
Net Invested Capital989.9K7.4M54.4M38.7M46.2M48.5M
Net Working Capital(452.4K)6.4M53.5M37.9M45.6M47.8M
Property Plant Equipment1.2M938.9K2.6M521K599.2K968.9K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether enVVeno Medical Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnVVeno Medical'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 Envveno Medical Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envveno Medical Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical 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 board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for EnVVeno Stock analysis

When running EnVVeno Medical's price analysis, check to measure EnVVeno Medical'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 EnVVeno Medical is operating at the current time. Most of EnVVeno Medical's value examination focuses on studying past and present price action to predict the probability of EnVVeno Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnVVeno Medical's price. Additionally, you may evaluate how the addition of EnVVeno Medical to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Stocks Directory
Find actively traded stocks across global markets
Commodity Directory
Find actively traded commodities issued by global exchanges
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Is EnVVeno Medical'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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.65)
Return On Assets
(0.37)
Return On Equity
(0.58)
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.