Navitas Free Cash Flow vs Ev To Free Cash Flow Analysis
NVTS Stock | USD 2.42 0.40 19.80% |
Navitas Semiconductor financial indicator trend analysis is infinitely more than just investigating Navitas Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navitas Semiconductor is a good investment. Please check the relationship between Navitas Semiconductor Free Cash Flow and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor Corp. 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.
Free Cash Flow vs Ev To Free Cash Flow
Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navitas Semiconductor Free Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Navitas Semiconductor's Free Cash Flow and Ev To Free Cash Flow is 0.72. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Navitas Semiconductor Corp, assuming nothing else is changed. The correlation between historical values of Navitas Semiconductor's Free Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Navitas Semiconductor Corp are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., Navitas Semiconductor's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most indicators from Navitas Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navitas Semiconductor 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 Navitas Semiconductor Corp. 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. At this time, Navitas Semiconductor's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.7M | 11.9M | 31.1M | 32.6M | Total Revenue | 23.7M | 37.9M | 79.5M | 83.4M |
Navitas Semiconductor fundamental ratios Correlations
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Navitas Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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