Envestnet Net Debt vs Net Receivables Analysis

ENV Stock

USD 62.15 0.21 0.34%

Envestnet financial indicator trend analysis is much more than just examining Envestnet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envestnet is a good investment. Please check the relationship between Envestnet Net Debt and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envestnet. 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.

For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envestnet Net Debt account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Envestnet's Net Debt and Net Receivables is 0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Envestnet, assuming nothing else is changed. The correlation between historical values of Envestnet's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Envestnet are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Envestnet's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from Envestnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envestnet 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envestnet. 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.

For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.At this time, Envestnet's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 27.06 in 2024, whereas Issuance Of Capital Stock is likely to drop 3,420 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	762.8M	771.3M	197.5M	353.5M
Total Revenue	1.2B	1.2B	1.2B	1.3B

Gross Profit Total Revenue

Envestnet fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.97	0.46	0.92	0.92	0.75	0.92	0.9	0.79	-0.39	0.66	0.6	0.96	0.68	0.57	0.6	0.84	0.97	0.94	0.87	-0.33	0.85	0.96	0.89	0.78	0.78
Total Assets	0.97		0.44	0.9	0.97	0.74	0.96	0.9	0.8	-0.35	0.67	0.65	0.99	0.68	0.66	0.65	0.83	0.99	0.86	0.9	-0.4	0.86	0.99	0.91	0.81	0.82
Other Current Liab	0.46	0.44		0.42	0.28	0.22	0.49	0.67	0.85	-0.86	0.4	-0.1	0.5	0.87	0.12	-0.1	0.74	0.46	0.43	0.7	-0.24	0.73	0.42	0.69	0.79	0.09
Total Current Liabilities	0.92	0.9	0.42		0.85	0.65	0.79	0.84	0.72	-0.37	0.62	0.61	0.89	0.65	0.46	0.61	0.81	0.89	0.83	0.78	-0.39	0.79	0.89	0.84	0.68	0.78
Total Stockholder Equity	0.92	0.97	0.28	0.85		0.82	0.92	0.86	0.7	-0.19	0.67	0.7	0.95	0.53	0.67	0.7	0.74	0.96	0.81	0.83	-0.42	0.78	0.97	0.84	0.72	0.83
Other Liab	0.75	0.74	0.22	0.65	0.82		0.69	0.73	0.54	-0.19	0.61	0.37	0.76	0.31	0.48	0.37	0.57	0.77	0.74	0.6	-0.25	0.6	0.8	0.62	0.54	0.5
Property Plant And Equipment Net	0.92	0.96	0.49	0.79	0.92	0.69		0.87	0.79	-0.34	0.58	0.6	0.96	0.67	0.71	0.6	0.77	0.96	0.78	0.89	-0.37	0.83	0.95	0.88	0.83	0.76
Current Deferred Revenue	0.9	0.9	0.67	0.84	0.86	0.73	0.87		0.94	-0.64	0.8	0.48	0.91	0.85	0.55	0.48	0.96	0.91	0.82	0.96	-0.44	0.97	0.91	0.97	0.93	0.66
Net Debt	0.79	0.8	0.85	0.72	0.7	0.54	0.79	0.94		-0.77	0.69	0.28	0.83	0.95	0.44	0.28	0.96	0.82	0.71	0.96	-0.45	0.96	0.79	0.95	0.96	0.49
Retained Earnings	-0.39	-0.35	-0.86	-0.37	-0.19	-0.19	-0.34	-0.64	-0.77		-0.62	0.04	-0.38	-0.86	-0.2	0.04	-0.76	-0.34	-0.41	-0.64	0.27	-0.74	-0.37	-0.64	-0.77	-0.13
Accounts Payable	0.66	0.67	0.4	0.62	0.67	0.61	0.58	0.8	0.69	-0.62		0.52	0.64	0.69	0.43	0.52	0.81	0.63	0.66	0.76	-0.32	0.83	0.72	0.77	0.78	0.63
Cash	0.6	0.65	-0.1	0.61	0.7	0.37	0.6	0.48	0.28	0.04	0.52		0.54	0.31	0.66	1.0	0.45	0.56	0.47	0.54	0.0	0.5	0.63	0.56	0.42	0.96
Non Current Assets Total	0.96	0.99	0.5	0.89	0.95	0.76	0.96	0.91	0.83	-0.38	0.64	0.54		0.69	0.61	0.54	0.83	1.0	0.86	0.9	-0.45	0.86	0.98	0.91	0.81	0.73
Non Currrent Assets Other	0.68	0.68	0.87	0.65	0.53	0.31	0.67	0.85	0.95	-0.86	0.69	0.31	0.69		0.37	0.31	0.94	0.66	0.61	0.9	-0.32	0.93	0.65	0.9	0.93	0.49
Other Assets	0.57	0.66	0.12	0.46	0.67	0.48	0.71	0.55	0.44	-0.2	0.43	0.66	0.61	0.37		0.66	0.46	0.61	0.46	0.61	-0.24	0.56	0.67	0.58	0.58	0.7
Cash And Short Term Investments	0.6	0.65	-0.1	0.61	0.7	0.37	0.6	0.48	0.28	0.04	0.52	1.0	0.54	0.31	0.66		0.45	0.56	0.47	0.54	0.0	0.5	0.63	0.56	0.42	0.96
Net Receivables	0.84	0.83	0.74	0.81	0.74	0.57	0.77	0.96	0.96	-0.76	0.81	0.45	0.83	0.94	0.46	0.45		0.82	0.77	0.96	-0.41	0.99	0.82	0.97	0.94	0.64
Good Will	0.97	0.99	0.46	0.89	0.96	0.77	0.96	0.91	0.82	-0.34	0.63	0.56	1.0	0.66	0.61	0.56	0.82		0.86	0.89	-0.45	0.84	0.98	0.9	0.79	0.74
Common Stock Total Equity	0.94	0.86	0.43	0.83	0.81	0.74	0.78	0.82	0.71	-0.41	0.66	0.47	0.86	0.61	0.46	0.47	0.77	0.86		0.76	-0.26	0.77	0.87	0.79	0.7	0.65
Non Current Liabilities Total	0.87	0.9	0.7	0.78	0.83	0.6	0.89	0.96	0.96	-0.64	0.76	0.54	0.9	0.9	0.61	0.54	0.96	0.89	0.76		-0.38	0.98	0.88	0.99	0.97	0.71
Inventory	-0.33	-0.4	-0.24	-0.39	-0.42	-0.25	-0.37	-0.44	-0.45	0.27	-0.32	0.0	-0.45	-0.32	-0.24	0.0	-0.41	-0.45	-0.26	-0.38		-0.4	-0.43	-0.39	-0.37	-0.12
Other Current Assets	0.85	0.86	0.73	0.79	0.78	0.6	0.83	0.97	0.96	-0.74	0.83	0.5	0.86	0.93	0.56	0.5	0.99	0.84	0.77	0.98	-0.4		0.86	0.98	0.97	0.67
Other Stockholder Equity	0.96	0.99	0.42	0.89	0.97	0.8	0.95	0.91	0.79	-0.37	0.72	0.63	0.98	0.65	0.67	0.63	0.82	0.98	0.87	0.88	-0.43	0.86		0.9	0.81	0.8
Total Liab	0.89	0.91	0.69	0.84	0.84	0.62	0.88	0.97	0.95	-0.64	0.77	0.56	0.91	0.9	0.58	0.56	0.97	0.9	0.79	0.99	-0.39	0.98	0.9		0.95	0.73
Property Plant And Equipment Gross	0.78	0.81	0.79	0.68	0.72	0.54	0.83	0.93	0.96	-0.77	0.78	0.42	0.81	0.93	0.58	0.42	0.94	0.79	0.7	0.97	-0.37	0.97	0.81	0.95		0.6
Total Current Assets	0.78	0.82	0.09	0.78	0.83	0.5	0.76	0.66	0.49	-0.13	0.63	0.96	0.73	0.49	0.7	0.96	0.64	0.74	0.65	0.71	-0.12	0.67	0.8	0.73	0.6

Click cells to compare fundamentals

Envestnet Account Relationship Matchups

Envestnet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	50.9M	53.6M	55.4M	56.8M	54.5M	43.2M
Total Assets	1.8B	2.1B	2.2B	2.1B	1.9B	1.1B
Other Current Liab	137.9M	11.3M	743K	216.5M	241.4M	253.5M
Total Current Liabilities	203.8M	236.4M	288.7M	327.1M	292.5M	158.6M
Total Stockholder Equity	869.1M	976.3M	957.1M	754.6M	568.2M	471.5M
Other Liab	76.6M	63.4M	38.1M	35.1M	40.3M	34.7M
Property Plant And Equipment Net	136.6M	153.2M	140.9M	144.0M	117.4M	62.5M
Current Deferred Revenue	34.8M	34.9M	33.5M	36.4M	38.2M	40.1M
Net Debt	585.2M	497.8M	536.5M	877.1M	899.0M	943.9M
Retained Earnings	(75.7M)	(79.9M)	(38.0M)	(118.9M)	(357.7M)	(339.8M)
Accounts Payable	155.2M	176.6M	243.5M	17.3M	241.4M	253.5M
Cash	82.5M	384.6M	429.3M	162.2M	91.4M	143.4M
Non Current Assets Total	1.6B	1.6B	1.7B	1.8B	1.6B	838.9M
Non Currrent Assets Other	37.1M	47.6M	73.8M	99.9M	126.7M	133.1M
Other Assets	37.1M	249.3M	73.8M	62.5M	71.9M	44.0M
Cash And Short Term Investments	82.5M	384.6M	429.3M	162.2M	91.4M	143.4M
Net Receivables	67.8M	80.1M	95.3M	101.7M	121.0M	127.0M
Good Will	879.9M	906.8M	925.2M	998.4M	806.6M	453.3M
Common Stock Total Equity	306K	331K	339K	344K	395.6K	267.5K
Liabilities And Stockholders Equity	1.8B	2.1B	2.2B	2.1B	1.9B	1.1B
Non Current Liabilities Total	730.5M	932.1M	992.9M	1.0B	1.0B	1.1B
Other Current Assets	32.2M	40.6M	42.7M	41.4M	51.5M	54.0M
Other Stockholder Equity	946.2M	1.1B	996.6M	881.7M	934.1M	559.6M
Total Liab	934.3M	1.2B	1.3B	1.3B	1.3B	1.4B
Property Plant And Equipment Gross	136.6M	153.2M	140.9M	144.0M	199.4M	209.4M
Total Current Assets	182.5M	505.2M	567.3M	305.2M	263.8M	217.1M
Accumulated Other Comprehensive Income	(1.7M)	(398K)	(1.9M)	(8.6M)	(8.6M)	(9.0M)
Treasury Stock	(67.9M)	(91.0M)	(110.5M)	(135.0M)	(121.5M)	(115.4M)
Intangible Assets	565.9M	531.5M	534.1M	564.6M	562.8M	282.1M
Common Stock	331K	339K	344K	350K	355K	282.5K
Property Plant Equipment	53.8M	48.0M	140.9M	144.0M	165.6M	173.9M
Short Long Term Debt Total	667.7M	882.3M	965.8M	1.0B	990.4M	1.0B
Long Term Debt	565.5M	756.5M	848.9M	871.8M	876.6M	920.4M
Short Term Debt	13.8M	13.6M	11.0M	56.8M	12.9M	12.3M
Net Tangible Assets	(576.6M)	(462.0M)	(502.1M)	(808.4M)	(727.6M)	(691.2M)
Noncontrolling Interest In Consolidated Entity	(1.1M)	(1.5M)	(519K)	2.5M	2.8M	3.0M
Retained Earnings Total Equity	(58.9M)	(75.7M)	(79.9M)	(38.0M)	(34.2M)	(35.9M)
Capital Surpluse	1.0B	1.2B	1.1B	1.1B	1.3B	691.4M

Pair Trading with Envestnet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Envestnet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Envestnet will appreciate offsetting losses from the drop in the long position's value.

Moving against Envestnet Stock

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0.86	VS	Versus Systems Financial Report 20th of May 2024	Pair Corr
0.81	PD	Pagerduty Financial Report 6th of June 2024	Pair Corr
0.81	QH	QuhuoLtd	Pair Corr
0.8	U	Unity Software Aggressive Push	Pair Corr

The ability to find closely correlated positions to Envestnet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envestnet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Envestnet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Envestnet to buy it.

The correlation of Envestnet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Envestnet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envestnet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Envestnet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Envestnet is a strong investment it is important to analyze Envestnet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Envestnet's future performance. For an informed investment choice regarding Envestnet Stock, refer to the following important reports:

How To Invest In Envestnet

Details

Is Envestnet Stock a good investment?

Details

What is Envestnet's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envestnet. 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.

For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Envestnet's price analysis, check to measure Envestnet's 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 Envestnet is operating at the current time. Most of Envestnet's value examination focuses on studying past and present price action to predict the probability of Envestnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envestnet's price. Additionally, you may evaluate how the addition of Envestnet to your portfolios can decrease your overall portfolio volatility.

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Is Envestnet'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 Envestnet. If investors know Envestnet 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 Envestnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

Earnings Share

(4.38)

Revenue Per Share

22.873

Quarterly Revenue Growth

0.085

Return On Assets

0.0138

The market value of Envestnet is measured differently than its book value, which is the value of Envestnet that is recorded on the company's balance sheet. Investors also form their own opinion of Envestnet's value that differs from its market value or its book value, called intrinsic value, which is Envestnet'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 Envestnet's market value can be influenced by many factors that don't directly affect Envestnet'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 Envestnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envestnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envestnet'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.

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Envestnet Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

Envestnet fundamental ratios Correlations

Envestnet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Envestnet fundamental ratios Accounts

Pair Trading with Envestnet

Moving against Envestnet Stock

Complementary Tools for Envestnet Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Net Receivables

Non Currrent Assets Other	- 0.86	Retained Earnings
Retained Earnings	- 0.86	Other Current Liab
Property Plant And Equipment Gross	- 0.77	Retained Earnings
Retained Earnings	- 0.77	Net Debt
Net Receivables	- 0.76	Retained Earnings
Other Current Assets	- 0.74	Retained Earnings