Nauticus Total Current Assets vs Net Invested Capital Analysis
KITTW Stock | USD 0.01 0.0003 2.65% |
Nauticus Robotics financial indicator trend analysis is infinitely more than just investigating Nauticus Robotics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nauticus Robotics is a good investment. Please check the relationship between Nauticus Robotics Total Current Assets and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.
Total Current Assets vs Net Invested Capital
Total Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nauticus Robotics Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nauticus Robotics' Total Current Assets and Net Invested Capital is 0.56. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Nauticus Robotics, assuming nothing else is changed. The correlation between historical values of Nauticus Robotics' Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nauticus Robotics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Nauticus Robotics' Total Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Nauticus Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nauticus Robotics 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 Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.Sales General And Administrative To Revenue is likely to climb to 2.77 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 8.3M | 18.0M | 49.8M | 52.3M | Cost Of Revenue | 6.9M | 11.9M | 11.9M | 9.2M |
Nauticus Robotics fundamental ratios Correlations
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Nauticus Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nauticus Robotics' price analysis, check to measure Nauticus Robotics' 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 Nauticus Robotics is operating at the current time. Most of Nauticus Robotics' value examination focuses on studying past and present price action to predict the probability of Nauticus Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nauticus Robotics' price. Additionally, you may evaluate how the addition of Nauticus Robotics to your portfolios can decrease your overall portfolio volatility.