NVE (NVEC) Financials

$71.75 -1.41 (-1.93%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$72.00 +0.25 (+0.36%)

As of 05/23/2025 04:04 PM Eastern

Annual Income Statements for NVE

This table shows NVE's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/31/2024	3/31/2023	3/31/2022
Net Income / (Loss) Attributable to Common Shareholders	17	23	15
Consolidated Net Income / (Loss)	17	23	15
Net Income / (Loss) Continuing Operations	17	23	15
Total Pre-Tax Income	20	27	17
Total Operating Income	19	26	16
Total Gross Profit	23	30	21
Total Revenue	30	38	27
Operating Revenue	30	38	27
Total Cost of Revenue	6.78	8.06	6.26
Operating Cost of Revenue	6.77	8.06	6.26
Other Cost of Revenue	0.01	0.00	-
Total Operating Expenses	4.50	4.55	4.40
Selling, General & Admin Expense	1.77	1.96	1.47
Research & Development Expense	2.73	2.58	2.93
Total Other Income / (Expense), net	1.95	1.45	1.17
Interest & Investment Income	1.95	1.45	1.17
Income Tax Expense	3.34	4.40	2.99
Basic Earnings per Share	$3.54	$4.70	$3.00
Weighted Average Basic Shares Outstanding	4.83M	4.83M	4.83M
Diluted Earnings per Share	$3.54	$4.70	$3.00
Weighted Average Diluted Shares Outstanding	4.84M	4.83M	4.84M
Weighted Average Basic & Diluted Shares Outstanding	4.83M	4.83M	4.83M
Cash Dividends to Common per Share	$4.00	$4.00	$4.00

This table shows NVE's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	3.05	4.03	4.10	3.81	4.18	4.72	4.40	8.23	4.23	6.09	4.14
Consolidated Net Income / (Loss)	3.05	4.03	4.10	3.81	4.18	4.72	4.40	8.23	4.23	6.09	4.14
Net Income / (Loss) Continuing Operations	3.05	4.03	4.10	3.81	4.18	4.72	4.40	8.23	4.23	6.09	4.14
Total Pre-Tax Income	3.57	4.86	4.88	4.57	4.96	5.13	5.80	9.31	5.23	7.56	4.99
Total Operating Income	2.96	4.40	4.39	4.06	4.47	4.62	5.37	8.90	4.82	7.21	4.71
Total Gross Profit	4.27	5.81	5.81	5.35	5.40	5.53	6.75	10	5.92	8.32	5.68
Total Revenue	5.06	6.76	6.78	7.08	6.76	7.13	8.83	13	7.40	11	7.34
Operating Revenue	5.06	6.76	6.78	7.08	6.76	7.13	8.83	13	7.40	11	7.34
Total Cost of Revenue	0.80	0.95	0.98	1.75	1.36	1.60	2.08	2.53	1.48	2.40	1.65
Operating Cost of Revenue	0.80	0.95	0.98	1.74	1.36	1.60	2.08	2.53	1.48	2.40	1.65
Other Cost of Revenue	0.00	0.00	-	-	0.00	-	-	-	0.00	0.00	-
Total Operating Expenses	1.30	1.42	1.42	1.28	0.93	0.91	1.38	1.36	1.10	1.11	0.97
Selling, General & Admin Expense	0.43	0.57	0.54	0.47	0.39	0.43	0.48	0.75	0.40	0.44	0.37
Research & Development Expense	0.87	0.85	0.88	0.81	0.54	0.68	0.70	0.61	0.70	0.67	0.60
Total Other Income / (Expense), net	0.61	0.46	0.49	0.51	0.49	0.51	0.44	0.41	0.41	0.35	0.28
Interest & Investment Income	0.47	0.46	0.49	0.51	0.49	0.51	0.44	0.41	0.41	0.35	0.28
Other Income / (Expense), net	0.14	-	-	-	0.00	-	-	-	-	-	-
Income Tax Expense	0.52	0.83	0.79	0.76	0.78	0.41	1.40	1.08	0.99	1.47	0.85
Basic Earnings per Share	$0.63	$0.83	$0.85	$0.78	$0.87	$0.98	$0.91	$1.70	$0.88	$1.26	$0.86
Weighted Average Basic Shares Outstanding	4.84M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M
Diluted Earnings per Share	$0.63	$0.83	$0.85	$0.78	$0.87	$0.98	$0.91	$1.70	$0.88	$1.26	$0.86
Weighted Average Diluted Shares Outstanding	4.84M	4.84M	4.84M	4.84M	4.84M	4.84M	4.84M	4.83M	4.83M	4.83M	4.83M
Weighted Average Basic & Diluted Shares Outstanding	4.84M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	-
Cash Dividends to Common per Share	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00	$1.00

This table details how cash moves in and out of NVE's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/31/2024	3/31/2023	3/31/2022
Net Change in Cash & Equivalents	8.61	-8.78	0.02
Net Cash From Operating Activities	18	19	13
Net Cash From Continuing Operating Activities	18	19	13
Net Income / (Loss) Continuing Operations	17	23	15
Consolidated Net Income / (Loss)	17	23	15
Depreciation Expense	0.31	0.20	0.42
Amortization Expense	-0.11	0.06	-
Non-Cash Adjustments To Reconcile Net Income	0.15	0.06	0.08
Changes in Operating Assets and Liabilities, net	0.77	-3.92	-2.51
Net Cash From Investing Activities	9.58	-8.53	7.02
Net Cash From Continuing Investing Activities	9.58	-8.53	7.02
Purchase of Property, Plant & Equipment	-0.02	-0.94	-0.48
Purchase of Investments	-6.10	-28	0.00
Sale and/or Maturity of Investments	16	21	7.50
Other Investing Activities, net	0.00	0.10	0.00
Net Cash From Financing Activities	-19	-19	-19
Net Cash From Continuing Financing Activities	-19	-19	-19
Repurchase of Common Equity	0.00	-0.02	-0.16
Payment of Dividends	-19	-19	-19
Issuance of Debt	0.12	-0.00	-
Cash Income Taxes Paid	4.54	4.50	2.52

This table details how cash moves in and out of NVE's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	2.39	-2.91	-4.28	5.60	-2.27	5.51	-0.23	-0.36	-1.55	-9.72	2.85
Net Cash From Operating Activities	3.84	2.13	5.85	3.13	4.73	5.36	5.03	4.34	5.40	6.02	3.33
Net Cash From Continuing Operating Activities	3.84	2.13	5.85	3.13	4.73	5.36	5.03	4.34	5.40	6.02	3.33
Net Income / (Loss) Continuing Operations	3.05	4.03	4.10	3.81	4.18	4.72	4.40	8.23	4.23	6.09	4.14
Consolidated Net Income / (Loss)	3.05	4.03	4.10	3.81	4.18	4.72	4.40	8.23	4.23	6.09	4.14
Depreciation Expense	0.08	0.08	0.08	0.15	0.08	0.08	0.08	0.01	0.03	0.07	0.09
Amortization Expense	-0.09	-0.07	-0.05	-	-0.04	-0.02	-0.02	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	-0.03	0.09	0.02	0.01	0.01	-0.11	0.22	0.01	0.01	0.04	0.01
Changes in Operating Assets and Liabilities, net	0.83	-1.99	1.71	-0.74	0.50	0.69	0.34	-3.97	1.13	-0.18	-0.90
Net Cash From Investing Activities	3.27	-0.21	-5.30	7.30	-2.17	4.99	-0.54	0.15	-2.12	-11	4.35
Net Cash From Continuing Investing Activities	3.27	-0.21	-5.30	7.30	-2.17	4.99	-0.54	0.15	-2.12	-11	4.35
Purchase of Property, Plant & Equipment	-0.04	-0.21	-0.92	-	-	-0.01	-0.00	-0.03	-0.88	-	-0.02
Purchase of Investments	-4.70	-	-6.58	-	-2.17	-	-3.94	-1.82	-1.24	-20	-4.98
Sale and/or Maturity of Investments	8.01	-	2.20	7.30	-	5.00	3.40	2.00	-	9.50	9.25
Net Cash From Financing Activities	-4.72	-4.83	-4.83	-4.83	-4.83	-4.83	-4.71	-4.85	-4.83	-4.83	-4.83
Net Cash From Continuing Financing Activities	-4.72	-4.83	-4.83	-4.83	-4.83	-4.83	-4.71	-4.85	-4.83	-4.83	-4.83
Payment of Dividends	-4.84	-4.83	-4.83	-4.83	-4.83	-4.83	-4.83	-4.83	-4.83	-4.83	-4.83
Other Financing Activities, net	0.11	-0.00	0.00	-	-	-	0.12	-	-	-	0.00
Cash Income Taxes Paid	0.97	1.81	0.00	0.85	0.57	1.93	1.20	0.37	2.85	0.01	1.28

This table presents NVE's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	3/31/2024	3/31/2023	3/31/2022
Total Assets	67	69	67
Total Current Assets	33	31	42
Cash & Equivalents	10	1.67	10
Short-Term Investments	12	16	21
Accounts Receivable	3.14	6.52	4.70
Inventories, net	7.16	6.42	5.09
Prepaid Expenses	0.69	0.66	0.42
Plant, Property, & Equipment, net	-0.90	-0.61	-1.20
Plant, Property & Equipment, gross	11	10	9.74
Accumulated Depreciation	11	11	11
Total Noncurrent Assets	34	39	28
Long-Term Investments	31	36	24
Noncurrent Note & Lease Receivables	1.96	1.96	1.81
Noncurrent Deferred & Refundable Income Taxes	1.45	0.57	0.48
Other Noncurrent Operating Assets	0.29	0.43	1.17
Total Liabilities & Shareholders' Equity	67	69	67
Total Liabilities	1.21	2.18	2.90
Total Current Liabilities	1.04	1.83	2.46
Accounts Payable	0.13	0.28	0.94
Accrued Expenses	0.73	1.38	1.36
Other Current Liabilities	0.18	0.18	0.16
Total Noncurrent Liabilities	0.18	0.34	0.45
Other Noncurrent Operating Liabilities	0.18	0.34	0.45
Total Equity & Noncontrolling Interests	66	67	65
Total Preferred & Common Equity	66	67	65
Total Common Equity	66	67	65
Common Stock	20	19	19
Retained Earnings	47	49	46
Accumulated Other Comprehensive Income / (Loss)	-0.78	-1.21	-0.32

This table presents NVE's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	12/31/2023	9/30/2023	6/30/2023	12/31/2022	9/30/2022
Total Assets	65	66	67	68	68	68	66	68
Total Current Assets	30	34	31	29	25	26	22	26
Cash & Equivalents	5.49	3.10	6.01	4.68	6.95	1.44	2.03	3.58
Short-Term Investments	15	20	16	14	7.22	12	10	10
Accounts Receivable	1.36	2.95	2.10	2.25	2.92	5.40	2.10	5.86
Inventories, net	7.79	7.42	7.16	7.35	6.97	6.29	6.46	5.79
Prepaid Expenses	0.74	0.53	0.52	0.60	1.06	0.71	0.92	0.60
Plant, Property, & Equipment, net	0.02	0.07	-0.06	-0.83	1.21	-0.68	-0.53	0.44
Plant, Property & Equipment, gross	12	12	11	11	12	10	10	11
Accumulated Depreciation	12	12	11	11	11	11	11	11
Total Noncurrent Assets	34	32	35	39	41	43	44	41
Long-Term Investments	30	28	32	36	40	40	41	40
Noncurrent Note & Lease Receivables	1.96	1.96	1.96	1.96	-	1.96	1.93	-
Noncurrent Deferred & Refundable Income Taxes	1.69	1.52	1.59	1.29	1.40	0.72	0.86	0.89
Other Noncurrent Operating Assets	0.95	0.22	0.26	0.32	0.36	0.39	0.46	0.49
Total Liabilities & Shareholders' Equity	65	66	67	68	68	68	66	68
Total Liabilities	1.62	1.02	1.83	1.03	1.22	1.57	2.27	3.79
Total Current Liabilities	0.75	0.93	1.69	0.81	0.96	1.27	1.88	3.42
Accounts Payable	0.15	0.17	0.17	0.17	0.24	0.16	0.47	0.40
Accrued Expenses	0.51	0.58	1.34	0.46	0.54	0.94	1.25	-
Other Current Liabilities	0.08	0.18	0.18	0.18	0.18	0.18	0.16	0.16
Total Noncurrent Liabilities	0.86	0.09	0.13	0.22	0.26	0.30	0.40	0.37
Other Noncurrent Operating Liabilities	0.86	0.09	0.13	0.22	0.26	0.30	0.40	0.37
Total Equity & Noncontrolling Interests	63	65	65	67	66	67	63	64
Total Preferred & Common Equity	63	65	65	67	66	67	63	64
Total Common Equity	63	65	65	67	66	67	63	64
Common Stock	20	20	20	20	20	19	19	19
Retained Earnings	43	45	46	48	48	49	46	46
Accumulated Other Comprehensive Income / (Loss)	-0.30	-0.07	-0.75	-0.75	-1.50	-1.45	-1.45	-1.78

This table displays calculated financial ratios and metrics derived from NVE's official financial filings.

Metric	2024	2023
Period end date	3/31/2024	3/31/2023
Growth Metrics	-	-
Revenue Growth	-22.09%	41.75%
EBITDA Growth	-27.72%	54.60%
EBIT Growth	-27.79%	57.05%
NOPAT Growth	-27.87%	58.69%
Net Income Growth	-24.54%	56.43%
EPS Growth	-24.68%	56.67%
Operating Cash Flow Growth	-4.42%	52.69%
Free Cash Flow Firm Growth	-3.42%	77.84%
Invested Capital Growth	-8.66%	43.93%
Revenue Q/Q Growth	-16.09%	18.89%
EBITDA Q/Q Growth	-20.43%	22.82%
EBIT Q/Q Growth	-20.73%	23.09%
NOPAT Q/Q Growth	-22.39%	25.10%
Net Income Q/Q Growth	-20.51%	24.16%
EPS Q/Q Growth	-20.63%	24.01%
Operating Cash Flow Q/Q Growth	-6.22%	5.16%
Free Cash Flow Firm Q/Q Growth	-7.17%	14.35%
Invested Capital Q/Q Growth	5.62%	38.81%
Profitability Metrics	-	-
Gross Margin	77.28%	78.92%
EBITDA Margin	62.81%	67.71%
Operating Margin	62.14%	67.04%
EBIT Margin	62.14%	67.04%
Profit (Net Income) Margin	57.46%	59.33%
Tax Burden Percent	83.67%	83.77%
Interest Burden Percent	110.52%	105.65%
Effective Tax Rate	16.33%	16.23%
Return on Invested Capital (ROIC)	117.60%	184.07%
ROIC Less NNEP Spread (ROIC-NNEP)	114.53%	181.83%
Return on Net Nonoperating Assets (RNNOA)	-91.78%	-149.60%
Return on Equity (ROE)	25.82%	34.48%
Cash Return on Invested Capital (CROIC)	126.65%	148.05%
Operating Return on Assets (OROA)	27.23%	37.51%
Return on Assets (ROA)	25.18%	33.20%
Return on Common Equity (ROCE)	25.82%	34.48%
Return on Equity Simple (ROE_SIMPLE)	26.12%	33.83%
Net Operating Profit after Tax (NOPAT)	15	21
NOPAT Margin	51.99%	56.15%
Net Nonoperating Expense Percent (NNEP)	3.07%	2.24%
Cost of Revenue to Revenue	22.76%	21.08%
SG&A Expenses to Revenue	5.94%	5.13%
R&D to Revenue	9.16%	6.75%
Operating Expenses to Revenue	15.11%	11.89%
Earnings before Interest and Taxes (EBIT)	19	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	26
Valuation Ratios	-	-
Price to Book Value (P/BV)	6.48	5.54
Price to Tangible Book Value (P/TBV)	6.48	5.54
Price to Revenue (P/Rev)	14.27	9.71
Price to Earnings (P/E)	24.83	16.37
Dividend Yield	4.55%	5.20%
Earnings Yield	4.03%	6.11%
Enterprise Value to Invested Capital (EV/IC)	29.59	23.11
Enterprise Value to Revenue (EV/Rev)	12.49	8.32
Enterprise Value to EBITDA (EV/EBITDA)	19.88	12.29
Enterprise Value to EBIT (EV/EBIT)	20.10	12.41
Enterprise Value to NOPAT (EV/NOPAT)	24.02	14.82
Enterprise Value to Operating Cash Flow (EV/OCF)	20.40	16.67
Enterprise Value to Free Cash Flow (EV/FCFF)	22.31	18.42
Leverage & Solvency	-	-
Debt to Equity	0.00	0.00
Long-Term Debt to Equity	0.00	0.00
Financial Leverage	-0.80	-0.82
Leverage Ratio	1.03	1.04
Compound Leverage Factor	1.13	1.10
Debt to Total Capital	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%
Debt to EBITDA	0.00	0.00
Net Debt to EBITDA	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00
Debt to NOPAT	0.00	0.00
Net Debt to NOPAT	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00
Altman Z-Score	213.50	105.73
Noncontrolling Interest Sharing Ratio	0.00%	0.00%
Liquidity Ratios	-	-
Current Ratio	32.05	16.80
Quick Ratio	24.47	12.93
Cash Flow Metrics	-	-
Free Cash Flow to Firm (FCFF)	17	17
Operating Cash Flow to CapEx	109,063.48%	2,040.15%
Free Cash Flow to Firm to Interest Expense	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00
Efficiency Ratios	-	-
Asset Turnover	0.44	0.56
Accounts Receivable Turnover	6.17	6.81
Inventory Turnover	1.00	1.40
Fixed Asset Turnover	0.00	0.00
Accounts Payable Turnover	33.17	13.16
Days Sales Outstanding (DSO)	59.20	53.57
Days Inventory Outstanding (DIO)	365.31	260.44
Days Payable Outstanding (DPO)	11.00	27.73
Cash Conversion Cycle (CCC)	413.51	286.28
Capital & Investment Metrics	-	-
Invested Capital	13	14
Invested Capital Turnover	2.26	3.28
Increase / (Decrease) in Invested Capital	-1.19	4.20
Enterprise Value (EV)	372	318
Market Capitalization	425	372
Book Value per Share	$13.57	$13.89
Tangible Book Value per Share	$13.57	$13.89
Total Capital	66	67
Total Debt	0.00	0.00
Total Long-Term Debt	0.00	0.00
Net Debt	-53	-53
Capital Expenditures (CapEx)	0.02	0.94
Debt-free, Cash-free Net Working Capital (DFCFNWC)	9.96	12
Debt-free Net Working Capital (DFNWC)	32	29
Net Working Capital (NWC)	32	29
Net Nonoperating Expense (NNE)	-1.63	-1.21
Net Nonoperating Obligations (NNO)	-53	-53
Total Depreciation and Amortization (D&A)	0.20	0.26
Debt-free, Cash-free Net Working Capital to Revenue	33.41%	30.77%
Debt-free Net Working Capital to Revenue	107.90%	75.69%
Net Working Capital to Revenue	107.90%	75.69%
Earnings Adjustments	-	-
Adjusted Basic Earnings per Share	$3.54	$4.70
Adjusted Weighted Average Basic Shares Outstanding	4.83M	4.83M
Adjusted Diluted Earnings per Share	$3.54	$4.70
Adjusted Weighted Average Diluted Shares Outstanding	4.84M	4.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	4.83M	4.83M
Normalized Net Operating Profit after Tax (NOPAT)	15	21
Normalized NOPAT Margin	51.99%	56.15%
Pre Tax Income Margin	68.67%	70.82%
Debt Service Ratios	-	-
EBIT to Interest Expense	0.00	0.00
NOPAT to Interest Expense	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00
Payout Ratios	-	-
Dividend Payout Ratio	112.89%	85.15%
Augmented Payout Ratio	112.89%	85.24%

This table displays calculated financial ratios and metrics derived from NVE's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-25.06%	-5.25%	-23.19%	-44.65%	-8.72%	-33.44%	20.38%	90.45%	17.66%	57.07%	2.56%
EBITDA Growth	-31.48%	-5.73%	-18.73%	-52.74%	-6.92%	-35.80%	13.10%	114.22%	17.54%	70.44%	12.94%
EBIT Growth	-30.75%	-4.84%	-18.24%	-54.40%	-7.23%	-35.93%	13.94%	117.47%	19.37%	76.35%	14.66%
NOPAT Growth	-32.94%	-14.36%	-9.56%	-56.95%	-3.40%	-26.78%	4.28%	121.53%	20.53%	70.74%	16.80%
Net Income Growth	-27.15%	-14.76%	-6.95%	-53.68%	-1.11%	-22.44%	6.37%	115.74%	22.10%	67.02%	15.66%
EPS Growth	-27.59%	-15.31%	-6.59%	-54.12%	-1.14%	-22.22%	5.81%	115.19%	22.22%	68.00%	16.22%
Operating Cash Flow Growth	-18.77%	-60.20%	16.46%	-27.87%	-12.37%	-10.97%	50.86%	27.52%	104.45%	92.52%	0.93%
Free Cash Flow Firm Growth	-12.27%	44.82%	156.87%	24.88%	-3.27%	-22.57%	-166.51%	1,470.20%	-28.81%	-10.84%	4,559.83%
Invested Capital Growth	8.11%	7.53%	-11.46%	-8.66%	20.05%	23.30%	0.00%	43.93%	26.22%	49.61%	0.00%
Revenue Q/Q Growth	-25.09%	-0.36%	-4.24%	4.84%	-5.29%	-19.23%	-30.99%	72.90%	-30.94%	46.09%	9.18%
EBITDA Q/Q Growth	-29.84%	-0.10%	4.72%	-6.65%	-3.46%	-13.88%	-39.10%	83.84%	-33.41%	51.71%	15.34%
EBIT Q/Q Growth	-29.57%	0.15%	8.09%	-9.19%	-3.21%	-13.95%	-39.71%	84.76%	-33.15%	53.02%	15.06%
NOPAT Q/Q Growth	-30.57%	-1.13%	8.69%	-10.11%	-11.34%	4.41%	-48.26%	101.71%	-32.80%	48.70%	9.91%
Net Income Q/Q Growth	-24.28%	-1.74%	7.46%	-8.88%	-11.41%	7.26%	-46.51%	94.56%	-30.52%	47.11%	8.49%
EPS Q/Q Growth	-24.10%	-2.35%	8.97%	-10.34%	-11.22%	7.69%	-46.47%	93.18%	-30.16%	46.51%	8.86%
Operating Cash Flow Q/Q Growth	80.13%	-63.55%	86.84%	-33.78%	-11.74%	6.65%	15.72%	-19.55%	-10.34%	80.72%	-2.18%
Free Cash Flow Firm Q/Q Growth	-41.82%	-48.33%	13.46%	157.21%	-3.96%	120.29%	-349.15%	99.23%	-23.12%	-82.57%	5,233.07%
Invested Capital Q/Q Growth	-5.63%	16.63%	-7.00%	5.62%	-6.13%	-3.97%	-4.06%	38.81%	-3.59%	0.00%	-100.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	84.25%	85.98%	85.62%	75.46%	79.94%	77.57%	76.45%	80.24%	80.03%	77.58%	77.48%
EBITDA Margin	61.07%	65.20%	65.03%	59.47%	66.79%	65.53%	61.46%	69.65%	65.50%	67.93%	65.41%
Operating Margin	58.48%	65.04%	64.70%	57.32%	66.18%	64.76%	60.79%	69.58%	65.11%	67.27%	64.22%
EBIT Margin	61.15%	65.04%	64.70%	57.32%	66.18%	64.76%	60.79%	69.58%	65.11%	67.27%	64.22%
Profit (Net Income) Margin	60.21%	59.57%	60.41%	53.83%	61.93%	66.22%	49.86%	64.33%	57.17%	56.82%	56.43%
Tax Burden Percent	85.38%	82.84%	83.92%	83.46%	84.32%	92.05%	75.86%	88.41%	80.98%	80.55%	82.90%
Interest Burden Percent	115.32%	110.57%	111.25%	112.52%	111.00%	111.09%	108.13%	104.58%	108.43%	104.87%	106.01%
Effective Tax Rate	14.62%	17.16%	16.08%	16.54%	15.68%	7.95%	24.14%	11.59%	19.02%	19.45%	17.10%
Return on Invested Capital (ROIC)	103.51%	112.05%	121.00%	108.22%	181.57%	187.64%	277.46%	201.63%	190.82%	196.08%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	102.52%	111.32%	120.22%	107.42%	180.80%	186.76%	276.22%	200.96%	190.23%	195.59%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-82.91%	-89.00%	-97.43%	-86.08%	-150.45%	-153.80%	-221.37%	-165.33%	-164.20%	-170.14%	0.00%
Return on Equity (ROE)	20.60%	23.05%	23.56%	22.14%	31.11%	33.84%	56.08%	36.30%	26.62%	25.94%	0.00%
Cash Return on Invested Capital (CROIC)	99.09%	102.75%	133.33%	126.65%	164.69%	154.06%	127.56%	148.05%	169.96%	152.54%	0.00%
Operating Return on Assets (OROA)	23.76%	26.66%	26.64%	25.12%	35.25%	34.64%	35.47%	38.93%	31.32%	30.39%	0.00%
Return on Assets (ROA)	23.40%	24.42%	24.87%	23.59%	32.99%	35.42%	29.10%	36.00%	27.50%	25.67%	0.00%
Return on Common Equity (ROCE)	20.60%	23.05%	23.56%	22.14%	31.11%	33.84%	56.08%	36.30%	26.62%	25.94%	0.00%
Return on Equity Simple (ROE_SIMPLE)	23.80%	24.86%	25.92%	0.00%	32.35%	32.47%	34.50%	0.00%	28.80%	27.48%	0.00%
Net Operating Profit after Tax (NOPAT)	2.53	3.64	3.68	3.39	3.77	4.25	4.07	7.87	3.90	5.81	3.91
NOPAT Margin	49.93%	53.88%	54.30%	47.84%	55.80%	59.61%	46.11%	61.51%	52.72%	54.18%	53.23%
Net Nonoperating Expense Percent (NNEP)	0.99%	0.73%	0.78%	0.80%	0.77%	0.88%	1.24%	0.67%	0.59%	0.49%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	4.01%	-	-	-	5.66%	-	-	-	-	-	-
Cost of Revenue to Revenue	15.75%	14.02%	14.38%	24.67%	20.06%	22.43%	23.55%	19.76%	19.97%	22.42%	22.52%
SG&A Expenses to Revenue	8.59%	8.41%	7.97%	6.69%	5.76%	6.08%	5.38%	5.88%	5.45%	4.06%	5.06%
R&D to Revenue	17.18%	12.54%	12.95%	11.45%	8.01%	9.58%	7.88%	4.78%	9.47%	6.25%	8.20%
Operating Expenses to Revenue	25.76%	20.95%	20.92%	18.01%	13.77%	12.81%	15.67%	10.66%	14.92%	10.32%	13.27%
Earnings before Interest and Taxes (EBIT)	3.10	4.40	4.39	4.06	4.47	4.62	5.37	8.90	4.82	7.21	4.71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3.09	4.41	4.41	4.21	4.51	4.67	5.43	8.91	4.85	7.28	4.80
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.25	5.95	5.50	6.48	5.41	5.67	6.63	5.54	4.50	3.18	0.00
Price to Tangible Book Value (P/TBV)	6.25	5.95	5.50	6.48	5.41	5.67	6.63	5.54	4.50	3.18	0.00
Price to Revenue (P/Rev)	15.32	14.10	12.85	14.27	10.15	10.42	11.10	9.71	8.88	6.53	7.32
Price to Earnings (P/E)	26.27	23.95	21.21	24.83	16.73	17.45	19.22	16.37	15.64	11.58	13.20
Dividend Yield	4.91%	5.01%	5.42%	4.55%	5.36%	5.13%	4.38%	5.20%	6.76%	9.53%	9.71%
Earnings Yield	3.81%	4.18%	4.71%	4.03%	5.98%	5.73%	5.20%	6.11%	6.39%	8.64%	7.57%
Enterprise Value to Invested Capital (EV/IC)	26.68	24.54	25.95	29.59	25.67	25.46	29.36	23.11	23.42	14.51	0.00
Enterprise Value to Revenue (EV/Rev)	13.37	12.23	10.94	12.49	8.61	8.93	9.76	8.32	7.22	4.81	0.00
Enterprise Value to EBITDA (EV/EBITDA)	21.63	19.20	17.15	19.88	12.95	13.51	14.64	12.29	11.02	7.33	0.00
Enterprise Value to EBIT (EV/EBIT)	21.74	19.34	17.31	20.10	13.08	13.62	14.75	12.41	11.15	7.45	0.00
Enterprise Value to NOPAT (EV/NOPAT)	25.94	23.12	20.12	24.02	15.31	16.07	17.93	14.82	13.53	9.05	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.96	21.13	15.92	20.40	15.71	16.05	18.66	16.67	12.80	9.70	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	27.98	24.75	18.28	22.31	17.01	18.25	46.03	18.42	15.37	11.41	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.81	-0.80	-0.81	-0.80	-0.83	-0.82	-0.80	-0.82	-0.86	-0.87	0.00
Leverage Ratio	1.02	1.02	1.03	1.03	1.03	1.04	1.02	1.04	1.03	1.04	0.00
Compound Leverage Factor	1.18	1.12	1.14	1.15	1.14	1.15	1.11	1.09	1.12	1.09	0.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	148.19	229.26	119.39	212.78	212.50	187.22	170.54	104.93	77.45	34.25	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	40.30	36.32	18.58	32.05	36.08	26.14	20.46	16.80	11.64	7.65	0.00
Quick Ratio	28.95	27.79	14.04	24.47	26.27	17.78	14.95	12.93	7.70	5.78	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1.56	2.69	5.20	4.58	1.78	1.85	-9.14	3.67	1.84	2.40	14
Operating Cash Flow to CapEx	10,286.90%	1,021.63%	638.47%	0.00%	0.00%	42,535.84%	121,648.56%	15,410.72%	611.21%	0.00%	13,596.50%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.41	0.41	0.44	0.53	0.53	0.58	0.56	0.48	0.45	0.00
Accounts Receivable Turnover	14.27	9.33	7.40	6.17	16.36	8.24	7.36	6.81	12.53	7.11	0.00
Inventory Turnover	0.59	0.70	0.84	1.00	1.10	1.20	1.35	1.40	1.31	1.43	0.00
Fixed Asset Turnover	0.00	43.03	0.00	0.00	0.00	43.93	0.00	0.00	0.00	85.92	0.00
Accounts Payable Turnover	27.46	24.26	34.06	33.17	23.58	23.89	53.34	13.16	24.38	17.28	0.00
Days Sales Outstanding (DSO)	25.58	39.11	49.29	59.20	22.32	44.29	49.56	53.57	29.13	51.33	0.00
Days Inventory Outstanding (DIO)	618.32	522.42	432.53	365.31	333.18	303.00	270.51	260.44	278.40	254.77	0.00
Days Payable Outstanding (DPO)	13.29	15.05	10.72	11.00	15.48	15.28	6.84	27.73	14.97	21.12	0.00
Cash Conversion Cycle (CCC)	630.61	546.49	471.11	413.51	340.02	332.01	313.23	286.28	292.56	284.98	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	13	14	12	13	12	13	13	14	9.92	10	0.00
Invested Capital Turnover	2.07	2.08	2.23	2.26	3.25	3.15	6.02	3.28	3.62	3.62	0.00
Increase / (Decrease) in Invested Capital	0.97	0.96	-1.51	-1.19	1.99	2.40	13	4.20	2.06	3.41	-9.84
Enterprise Value (EV)	344	335	304	372	306	323	388	318	232	149	0.00
Market Capitalization	394	386	357	425	360	377	441	372	286	203	199
Book Value per Share	$13.03	$13.42	$13.42	$13.57	$13.78	$13.76	$13.78	$13.89	$13.14	$13.19	$0.00
Tangible Book Value per Share	$13.03	$13.42	$13.42	$13.57	$13.78	$13.76	$13.78	$13.89	$13.14	$13.19	$0.00
Total Capital	63	65	65	66	67	66	67	67	63	64	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-50	-51	-53	-53	-55	-54	-53	-53	-54	-53	0.00
Capital Expenditures (CapEx)	0.04	0.21	0.92	0.00	0.00	0.01	0.00	0.03	0.88	0.00	0.02
Debt-free, Cash-free Net Working Capital (DFCFNWC)	9.13	9.97	8.09	9.96	9.38	9.99	11	12	7.60	8.84	0.00
Debt-free Net Working Capital (DFNWC)	30	33	30	32	28	24	25	29	20	23	0.00
Net Working Capital (NWC)	30	33	30	32	28	24	25	29	20	23	0.00
Net Nonoperating Expense (NNE)	-0.52	-0.38	-0.41	-0.42	-0.41	-0.47	-0.33	-0.36	-0.33	-0.28	-0.23
Net Nonoperating Obligations (NNO)	-50	-51	-53	-53	-55	-54	-53	-53	-54	-53	0.00
Total Depreciation and Amortization (D&A)	-0.00	0.01	0.02	0.15	0.04	0.06	0.06	0.01	0.03	0.07	0.09
Debt-free, Cash-free Net Working Capital to Revenue	35.53%	36.42%	29.14%	33.41%	26.42%	27.62%	27.99%	30.77%	23.63%	28.45%	0.00%
Debt-free Net Working Capital to Revenue	114.92%	120.17%	107.23%	107.90%	79.97%	66.82%	62.24%	75.69%	62.07%	73.23%	0.00%
Net Working Capital to Revenue	114.92%	120.17%	107.23%	107.90%	79.97%	66.82%	62.24%	75.69%	62.07%	73.23%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.63	$0.83	$0.85	$0.78	$0.87	$0.98	$0.91	$1.70	$0.88	$1.26	$0.00
Adjusted Weighted Average Basic Shares Outstanding	4.84M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	0.00
Adjusted Diluted Earnings per Share	$0.63	$0.83	$0.85	$0.78	$0.87	$0.98	$0.91	$1.70	$0.88	$1.26	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	4.84M	4.84M	4.84M	4.84M	4.84M	4.84M	4.84M	4.83M	4.83M	4.83M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	4.84M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	4.83M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	2.53	3.64	3.68	3.39	3.77	4.25	4.07	7.87	3.90	5.81	3.91
Normalized NOPAT Margin	49.93%	53.88%	54.30%	47.84%	55.80%	59.61%	46.11%	61.51%	52.72%	54.18%	53.23%
Pre Tax Income Margin	70.51%	71.91%	71.98%	64.50%	73.45%	71.94%	65.73%	72.77%	70.60%	70.54%	68.08%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	129.04%	119.93%	114.96%	112.89%	89.71%	89.51%	84.17%	85.15%	105.74%	110.37%	128.31%
Augmented Payout Ratio	129.04%	119.93%	114.96%	112.89%	89.71%	89.51%	84.17%	85.24%	105.74%	110.37%	128.31%

Frequently Asked Questions About NVE's Financials

When does NVE's financial year end?

According to the most recent income statement we have on file, NVE's fiscal year ends in March. Their fiscal year 2024 ended on March 31, 2024.

How has NVE's net income changed over the last 2 years?

NVE's net income appears to be on an upward trend, with a most recent value of $17.12 million in 2024, rising from $14.51 million in 2022. The previous period was $22.69 million in 2023.

What is NVE's operating income?

NVE's total operating income in 2024 was $18.52 million, based on the following breakdown:

Total Gross Profit: $23.03 million
Total Operating Expenses: $4.50 million

How has NVE revenue changed over the last 2 years?

Over the last 2 years, NVE's total revenue changed from $26.99 million in 2022 to $29.80 million in 2024, a change of 10.4%.

How much debt does NVE have?

NVE's total liabilities were at $1.21 million at the end of 2024, a 44.3% decrease from 2023, and a 58.3% decrease since 2022.

How much cash does NVE have?

In the past 2 years, NVE's cash and equivalents has ranged from $1.67 million in 2023 to $10.45 million in 2022, and is currently $10.28 million as of their latest financial filing in 2024.

How has NVE's book value per share changed over the last 1 years?

Over the last 1 years, NVE's book value per share changed from 13.89 in 2023 to 13.57 in 2024, a change of -2.3%.

Related Companies

This page (NASDAQ:NVEC) was last updated on 5/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

NVE (NVEC) Financials

Frequently Asked Questions About NVE's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

NVE (NVEC) Financials

Annual Income Statements for NVE

Quarterly Income Statements for NVE

Annual Cash Flow Statements for NVE

Quarterly Cash Flow Statements for NVE

Annual Balance Sheets for NVE

Quarterly Balance Sheets for NVE

Annual Metrics And Ratios for NVE

Quarterly Metrics And Ratios for NVE

Frequently Asked Questions About NVE's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools