EnVVeno Non Current Liabilities Total vs Total Stockholder Equity Analysis
NVNO Stock | USD 4.77 0.05 1.04% |
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 Non Current Liabilities Total and its Total Stockholder Equity 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.
Non Current Liabilities Total vs Total Stockholder Equity
Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of enVVeno Medical Corp Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EnVVeno Medical's Non Current Liabilities Total and Total Stockholder Equity is -0.32. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Liabilities Total and Total Stockholder Equity 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 enVVeno Medical Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., EnVVeno Medical's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 2nd of June 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 Depreciation | 452.9K | 525K | 542K | 404.4K | Research Development | 5.7M | 9.9M | 13.6M | 14.3M |
EnVVeno Medical fundamental ratios Correlations
Click cells to compare fundamentals
EnVVeno Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EnVVeno Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4M | 10.5M | 57.7M | 41.7M | 48.6M | 51.1M | |
Other Current Liab | 333.4K | 1.1M | 60.1K | 568K | 1.0M | 901.0K | |
Total Current Liabilities | 1.9M | 3.2M | 1.6M | 1.5M | 1.4M | 2.3M | |
Total Stockholder Equity | 989.9K | 7.1M | 54.4M | 38.7M | 46.2M | 48.5M | |
Property Plant And Equipment Net | 1.2M | 938.9K | 2.6M | 2.2M | 1.7M | 1.1M | |
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 Payable | 1.2M | 1.4M | 560.1K | 648K | 427K | 705.4K | |
Cash | 1.3M | 9.3M | 54.7M | 4.6M | 3.6M | 3.4M | |
Non Current Assets Total | 2.0M | 968.8K | 2.7M | 2.2M | 1.7M | 1.8M | |
Cash And Short Term Investments | 1.3M | 9.3M | 54.7M | 39.0M | 46.4M | 48.7M | |
Common Stock Shares Outstanding | 630.4K | 1.3M | 8.7M | 11.2M | 12.3M | 12.9M | |
Liabilities And Stockholders Equity | 3.4M | 10.5M | 57.7M | 41.7M | 48.6M | 51.1M | |
Non Current Liabilities Total | 567.9K | 253.7K | 1.7M | 1.4M | 1.1M | 1.5M | |
Other Current Assets | 116.6K | 234.5K | 312.4K | 392K | 511K | 536.6K | |
Other Stockholder Equity | 57.2M | 72.4M | 136.3M | 145.2M | 176.2M | 185.0M | |
Total Liab | 2.4M | 3.4M | 3.3M | 2.9M | 2.4M | 3.7M | |
Total Current Assets | 1.4M | 9.6M | 55.0M | 39.4M | 46.9M | 49.3M | |
Short Term Debt | 288.7K | 626.9K | 291.1K | 314K | 338K | 619.4K | |
Common Stock | 117.0 | 179.0 | 25.0 | 95.0 | 85.5 | 82.17 | |
Net Tangible Assets | 989.9K | 7.1M | 54.4M | 38.7M | 44.5M | 46.8M | |
Net Invested Capital | 989.9K | 7.4M | 54.4M | 38.7M | 46.2M | 48.5M | |
Net Working Capital | (452.4K) | 6.4M | 53.5M | 37.9M | 45.6M | 47.8M | |
Property Plant Equipment | 1.2M | 938.9K | 2.6M | 521K | 599.2K | 968.9K |
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Try AI Portfolio ArchitectCheck 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.