Enviva Accounts Payable vs Short Term Investments Analysis

EVA Stock  USD 0.61  0.01  1.67%   
Enviva Partners financial indicator trend analysis is much more than just examining Enviva Partners LP latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enviva Partners LP is a good investment. Please check the relationship between Enviva Partners Accounts Payable and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enviva Partners LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enviva Partners LP Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enviva Partners' Accounts Payable and Short Term Investments is -0.47. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Enviva Partners LP, assuming nothing else is changed. The correlation between historical values of Enviva Partners' Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Enviva Partners LP are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Enviva Partners' Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Enviva Partners obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Enviva Partners LP are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Enviva Partners balance sheet. It contains any investments Enviva Partners LP undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Enviva Partners LP can easily liquidate in the marketplace.
Most indicators from Enviva Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enviva Partners LP 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 Enviva Partners LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
At present, Enviva Partners' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 2.8 M, whereas Issuance Of Capital Stock is forecasted to decline to about 238.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense56.5M71.6M165.3M173.6M
Depreciation And Amortization93.8M113.2M130.2M136.7M

Enviva Partners fundamental ratios Correlations

1.00.970.98-0.10.990.711.00.980.011.00.890.010.980.680.861.00.96-0.190.81.00.990.990.83-0.70.91
1.00.970.98-0.151.00.71.00.980.061.00.860.060.970.70.831.00.94-0.180.771.01.00.980.85-0.690.89
0.970.971.00.00.950.620.970.98-0.030.970.93-0.030.950.610.910.970.97-0.220.840.980.950.970.74-0.730.91
0.980.981.00.010.960.690.980.99-0.040.980.94-0.040.960.630.910.980.98-0.220.840.990.960.990.76-0.740.92
-0.1-0.150.00.01-0.190.13-0.15-0.08-0.67-0.110.22-0.67-0.05-0.150.31-0.140.12-0.270.34-0.11-0.19-0.01-0.27-0.180.08
0.991.00.950.96-0.190.71.00.970.090.990.830.090.960.710.80.990.92-0.170.740.991.00.960.88-0.680.87
0.710.70.620.690.130.70.710.69-0.130.710.61-0.130.740.580.630.70.68-0.290.540.70.70.720.61-0.510.6
1.01.00.970.98-0.151.00.710.980.051.00.860.050.970.70.831.00.94-0.190.771.01.00.980.85-0.680.89
0.980.980.980.99-0.080.970.690.980.070.980.90.070.940.640.870.980.96-0.240.780.980.970.960.8-0.760.87
0.010.06-0.03-0.04-0.670.09-0.130.050.070.03-0.161.0-0.12-0.16-0.210.04-0.120.47-0.120.020.09-0.070.25-0.24-0.16
1.01.00.970.98-0.110.990.711.00.980.030.880.030.980.690.851.00.95-0.20.791.00.990.980.84-0.70.9
0.890.860.930.940.220.830.610.860.9-0.160.88-0.160.890.410.990.880.98-0.150.910.890.830.940.58-0.740.92
0.010.06-0.03-0.04-0.670.09-0.130.050.071.00.03-0.16-0.12-0.16-0.210.04-0.120.47-0.120.020.09-0.070.25-0.24-0.16
0.980.970.950.96-0.050.960.740.970.94-0.120.980.89-0.120.730.860.980.95-0.260.780.980.960.990.74-0.590.92
0.680.70.610.63-0.150.710.580.70.64-0.160.690.41-0.160.730.380.690.54-0.560.280.680.710.630.58-0.140.55
0.860.830.910.910.310.80.630.830.87-0.210.850.99-0.210.860.380.840.96-0.210.920.860.80.910.56-0.770.92
1.01.00.970.98-0.140.990.71.00.980.041.00.880.040.980.690.840.95-0.190.781.00.990.980.84-0.690.91
0.960.940.970.980.120.920.680.940.96-0.120.950.98-0.120.950.540.960.95-0.20.890.960.920.980.69-0.730.93
-0.19-0.18-0.22-0.22-0.27-0.17-0.29-0.19-0.240.47-0.2-0.150.47-0.26-0.56-0.21-0.19-0.20.03-0.2-0.17-0.18-0.04-0.01-0.26
0.80.770.840.840.340.740.540.770.78-0.120.790.91-0.120.780.280.920.780.890.030.790.740.840.58-0.760.82
1.01.00.980.99-0.110.990.71.00.980.021.00.890.020.980.680.861.00.96-0.20.790.990.990.82-0.70.91
0.991.00.950.96-0.191.00.71.00.970.090.990.830.090.960.710.80.990.92-0.170.740.990.960.88-0.680.87
0.990.980.970.99-0.010.960.720.980.96-0.070.980.94-0.070.990.630.910.980.98-0.180.840.990.960.74-0.680.93
0.830.850.740.76-0.270.880.610.850.80.250.840.580.250.740.580.560.840.69-0.040.580.820.880.74-0.70.66
-0.7-0.69-0.73-0.74-0.18-0.68-0.51-0.68-0.76-0.24-0.7-0.74-0.24-0.59-0.14-0.77-0.69-0.73-0.01-0.76-0.7-0.68-0.68-0.7-0.68
0.910.890.910.920.080.870.60.890.87-0.160.90.92-0.160.920.550.920.910.93-0.260.820.910.870.930.66-0.68
Click cells to compare fundamentals

Enviva Partners Account Relationship Matchups

Enviva Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets994.8M1.4B1.9B2.6B2.9B3.1B
Short Long Term Debt Total636.5M976.1M1.4B1.7B2.0B2.1B
Other Current Liab102.8M128.8M188.4M366.4M421.4M442.4M
Total Current Liabilities128.4M162.2M257.0M457.7M526.3M552.7M
Total Stockholder Equity23K(18K)48.2M334.5M301.1M166.7M
Property Plant And Equipment Net784.6M1.1B1.6B1.7B1.9B2.0B
Net Debt627.4M966.1M1.4B1.7B2.0B2.1B
Accounts Payable19.0M15.2M29.5M37.5M43.1M45.2M
Cash9.1M10.0M16.8M3.4M3.9M6.1M
Non Current Assets Total874.7M1.2B1.7B2.2B2.5B2.6B
Non Currrent Assets Other4.5M11.2M14.4M389.7M448.1M470.5M
Cash And Short Term Investments9.1M10.0M16.8M3.4M3.9M6.1M
Net Receivables72.7M126.6M115.3M200.3M230.4M241.9M
Liabilities And Stockholders Equity714.1M1.1B1.7B2.6B2.9B3.1B
Non Current Liabilities Total633.9M991.4M1.4B1.8B2.1B2.2B
Inventory33.0M42.4M57.7M158.9M182.7M191.9M
Other Current Assets5.3M16.5M8.9M7.7M6.9M6.4M
Other Stockholder Equity(382.5M)78.8M47.8M502.6M577.9M606.8M
Total Liab762.2M1.2B1.7B2.3B2.6B2.7B
Property Plant And Equipment Gross784.6M1.1B1.6B1.7B1.9B2.0B
Total Current Assets120.1M195.5M198.7M370.3M425.9M447.2M
Accumulated Other Comprehensive Income23K(18K)299K197K226.6K237.9K
Short Term Debt6.6M13.3M39.1M21.0M24.1M25.3M
Common Stock382.5M466.6M61K67K60.3K57.3K
Other Liab4.0M28.6M41.8M119.9M137.9M144.8M
Other Assets4.5M62.7M14.4M271.2M311.9M327.4M
Long Term Debt596.4M912.7M1.2B1.6B1.8B1.9B
Property Plant Equipment751.8M1.1B1.6B1.6B1.8B1.9B
Net Tangible Assets147.0M224.6M166.7M230.6M207.5M149.3M
Short Long Term Debt6.6M13.3M39.1M21.0M24.1M13.4M
Long Term Debt Total596.4M912.7M1.2B1.6B1.8B1.9B
Non Current Liabilities Other37.4M65.5M164M191.4M220.1M231.1M

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When determining whether Enviva Partners LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enviva Partners' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enviva Partners Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enviva Partners Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enviva Partners LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Enviva Partners' 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 Enviva Partners. If investors know Enviva 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 Enviva Partners 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
15.205
Earnings Share
(4.87)
Revenue Per Share
16.316
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
The market value of Enviva Partners LP is measured differently than its book value, which is the value of Enviva that is recorded on the company's balance sheet. Investors also form their own opinion of Enviva Partners' value that differs from its market value or its book value, called intrinsic value, which is Enviva Partners' 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 Enviva Partners' market value can be influenced by many factors that don't directly affect Enviva Partners' 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 Enviva Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enviva Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enviva Partners' 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.