Energy Non Current Liabilities Total vs Net Invested Capital Analysis

NRGV Stock

USD 1.24 0.01 0.81%

Energy Vault financial indicator trend analysis is much more than just examining Energy Vault Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Vault Holdings is a good investment. Please check the relationship between Energy Vault Non Current Liabilities Total and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Non Current Liabilities Total vs Net Invested Capital

Non Current Liabilities Total vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Vault Holdings Non Current Liabilities Total account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Energy Vault's Non Current Liabilities Total and Net Invested Capital is -0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Energy Vault Holdings, assuming nothing else is changed. The correlation between historical values of Energy Vault's Non Current Liabilities Total 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 Non Current Liabilities Total of Energy Vault Holdings 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 Non Current Liabilities Total i.e., Energy Vault's Non Current Liabilities Total and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

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Non Current Liabilities Total

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 Energy Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Vault Holdings 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 Energy Vault Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, despite the fact that Tax Provision is likely to grow to (311.6 K).

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	2.3M	7.7M	851K	808.5K
Total Operating Expenses	26.8M	119.6M	123.4M	64.7M

Reconciled Depreciation Total Operating Expenses

Energy Vault fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.13	0.66	0.94	0.92	0.83	0.87	0.61	0.42	-0.96	-0.86	0.92	0.98	0.61	-0.67	-0.48	0.98	0.83	-0.01	-0.38	0.25	0.9	0.5	0.66	0.92	0.6
Short Long Term Debt Total	-0.13		-0.09	-0.15	-0.13	-0.15	-0.36	-0.15	0.14	0.31	0.11	-0.13	-0.25	0.23	0.22	0.16	-0.25	-0.11	-0.04	-0.22	-0.07	-0.14	0.13	-0.38	-0.13	-0.17
Other Current Liab	0.66	-0.09		0.83	0.78	0.72	0.8	0.97	-0.04	-0.7	-0.95	0.42	0.61	0.79	-0.77	-0.8	0.61	0.96	0.01	-0.45	0.55	0.39	0.86	0.47	0.78	0.96
Total Current Liabilities	0.94	-0.15	0.83		0.99	0.77	0.87	0.75	0.26	-0.93	-0.94	0.86	0.89	0.66	-0.68	-0.54	0.89	0.95	0.04	-0.55	0.38	0.84	0.72	0.57	0.99	0.74
Total Stockholder Equity	0.92	-0.13	0.78	0.99		0.66	0.79	0.66	0.17	-0.88	-0.88	0.88	0.85	0.66	-0.55	-0.41	0.85	0.92	0.19	-0.66	0.45	0.87	0.75	0.44	1.0	0.65
Other Liab	0.83	-0.15	0.72	0.77	0.66		0.95	0.78	0.55	-0.89	-0.86	0.61	0.89	0.53	-0.95	-0.84	0.89	0.76	-0.43	0.06	0.02	0.57	0.33	0.91	0.66	0.8
Net Tangible Assets	0.87	-0.36	0.8	0.87	0.79	0.95		0.83	0.41	-0.96	-0.92	0.69	0.92	0.53	-0.92	-0.8	0.92	0.86	-0.28	-0.1	0.16	0.66	0.46	0.87	0.79	0.84
Property Plant And Equipment Net	0.61	-0.15	0.97	0.75	0.66	0.78	0.83		0.04	-0.69	-0.92	0.32	0.6	0.71	-0.87	-0.91	0.6	0.9	-0.16	-0.23	0.42	0.28	0.73	0.6	0.66	1.0
Current Deferred Revenue	0.42	0.14	-0.04	0.26	0.17	0.55	0.41	0.04		-0.48	-0.23	0.47	0.53	-0.23	-0.46	-0.27	0.53	0.09	-0.79	0.4	-0.76	0.47	-0.33	0.68	0.17	0.06
Net Debt	-0.96	0.31	-0.7	-0.93	-0.88	-0.89	-0.96	-0.69	-0.48		0.88	-0.87	-0.98	-0.48	0.79	0.61	-0.98	-0.84	0.19	0.23	-0.13	-0.85	-0.44	-0.8	-0.88	-0.69
Retained Earnings	-0.86	0.11	-0.95	-0.94	-0.88	-0.86	-0.92	-0.92	-0.23	0.88		-0.66	-0.83	-0.74	0.85	0.78	-0.83	-0.98	0.1	0.4	-0.38	-0.63	-0.75	-0.65	-0.88	-0.92
Accounts Payable	0.92	-0.13	0.42	0.86	0.88	0.61	0.69	0.32	0.47	-0.87	-0.66		0.89	0.36	-0.41	-0.16	0.89	0.67	0.05	-0.47	0.11	1.0	0.38	0.49	0.88	0.32
Cash	0.98	-0.25	0.61	0.89	0.85	0.89	0.92	0.6	0.53	-0.98	-0.83	0.89		0.48	-0.75	-0.54	1.0	0.77	-0.18	-0.19	0.09	0.87	0.35	0.8	0.85	0.6
Non Current Assets Total	0.61	0.23	0.79	0.66	0.66	0.53	0.53	0.71	-0.23	-0.48	-0.74	0.36	0.48		-0.46	-0.49	0.48	0.77	0.37	-0.58	0.76	0.32	0.81	0.16	0.66	0.7
Non Currrent Assets Other	-0.67	0.22	-0.77	-0.68	-0.55	-0.95	-0.92	-0.87	-0.46	0.79	0.85	-0.41	-0.75	-0.46		0.96	-0.75	-0.74	0.54	-0.15	0.01	-0.37	-0.35	-0.9	-0.55	-0.89
Other Assets	-0.48	0.16	-0.8	-0.54	-0.41	-0.84	-0.8	-0.91	-0.27	0.61	0.78	-0.16	-0.54	-0.49	0.96		-0.54	-0.69	0.5	-0.17	-0.09	-0.12	-0.41	-0.77	-0.41	-0.93
Cash And Short Term Investments	0.98	-0.25	0.61	0.89	0.85	0.89	0.92	0.6	0.53	-0.98	-0.83	0.89	1.0	0.48	-0.75	-0.54		0.77	-0.18	-0.19	0.09	0.87	0.35	0.8	0.85	0.6
Net Receivables	0.83	-0.11	0.96	0.95	0.92	0.76	0.86	0.9	0.09	-0.84	-0.98	0.67	0.77	0.77	-0.74	-0.69	0.77		0.05	-0.55	0.51	0.64	0.85	0.52	0.92	0.88
Common Stock Shares Outstanding	-0.01	-0.04	0.01	0.04	0.19	-0.43	-0.28	-0.16	-0.79	0.19	0.1	0.05	-0.18	0.37	0.54	0.5	-0.18	0.05		-0.7	0.82	0.06	0.4	-0.64	0.18	-0.19
Non Current Liabilities Total	-0.38	-0.22	-0.45	-0.55	-0.66	0.06	-0.1	-0.23	0.4	0.23	0.4	-0.47	-0.19	-0.58	-0.15	-0.17	-0.19	-0.55	-0.7		-0.72	-0.47	-0.82	0.37	-0.66	-0.2
Capital Lease Obligations	0.25	-0.07	0.55	0.38	0.45	0.02	0.16	0.42	-0.76	-0.13	-0.38	0.11	0.09	0.76	0.01	-0.09	0.09	0.51	0.82	-0.72		0.09	0.76	-0.29	0.45	0.4
Other Current Assets	0.9	-0.14	0.39	0.84	0.87	0.57	0.66	0.28	0.47	-0.85	-0.63	1.0	0.87	0.32	-0.37	-0.12	0.87	0.64	0.06	-0.47	0.09		0.35	0.47	0.87	0.27
Other Stockholder Equity	0.5	0.13	0.86	0.72	0.75	0.33	0.46	0.73	-0.33	-0.44	-0.75	0.38	0.35	0.81	-0.35	-0.41	0.35	0.85	0.4	-0.82	0.76	0.35		0.0	0.75	0.7
Total Liab	0.66	-0.38	0.47	0.57	0.44	0.91	0.87	0.6	0.68	-0.8	-0.65	0.49	0.8	0.16	-0.9	-0.77	0.8	0.52	-0.64	0.37	-0.29	0.47	0.0		0.44	0.63
Net Invested Capital	0.92	-0.13	0.78	0.99	1.0	0.66	0.79	0.66	0.17	-0.88	-0.88	0.88	0.85	0.66	-0.55	-0.41	0.85	0.92	0.18	-0.66	0.45	0.87	0.75	0.44		0.65
Property Plant And Equipment Gross	0.6	-0.17	0.96	0.74	0.65	0.8	0.84	1.0	0.06	-0.69	-0.92	0.32	0.6	0.7	-0.89	-0.93	0.6	0.88	-0.19	-0.2	0.4	0.27	0.7	0.63	0.65

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Energy Non Current Liabilities Total vs Net Invested Capital Analysis

Non Current Liabilities Total vs Net Invested Capital

Non Current Liabilities Total vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Net Invested Capital

Energy Vault fundamental ratios Correlations

Energy Vault Account Relationship Matchups

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COMMON DESTINATIONS

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Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Net Invested Capital	+ 0.99	Total Current Liabilities

Net Receivables	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Debt	- 0.96	Net Tangible Assets
Net Debt	- 0.96	Total Assets
Non Currrent Assets Other	- 0.95	Other Liab