Enviva Net Receivables vs Non Current Assets Total Analysis
EVA Stock | USD 0.49 0.05 9.26% |
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 Net Receivables and its Non Current Assets Total 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 closely tied with the direction of predictive economic indicators such as signals in real.
Net Receivables vs Non Current Assets Total
Net Receivables vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enviva Partners LP Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Enviva Partners' Net Receivables and Non Current Assets Total is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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' Net Receivables and Non Current Assets Total 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 Receivables of Enviva Partners LP are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Enviva Partners' Net Receivables and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 closely tied 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 Expense | 56.5M | 71.6M | 165.3M | 173.6M | Depreciation And Amortization | 93.8M | 113.2M | 130.2M | 136.7M |
Enviva Partners fundamental ratios Correlations
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Enviva Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enviva Partners fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 994.8M | 1.4B | 1.9B | 2.6B | 2.9B | 3.1B | |
Short Long Term Debt Total | 636.5M | 976.1M | 1.4B | 1.7B | 2.0B | 2.1B | |
Other Current Liab | 102.8M | 128.8M | 188.4M | 366.4M | 421.4M | 442.4M | |
Total Current Liabilities | 128.4M | 162.2M | 257.0M | 457.7M | 526.3M | 552.7M | |
Total Stockholder Equity | 23K | (18K) | 48.2M | 334.5M | 301.1M | 166.7M | |
Property Plant And Equipment Net | 784.6M | 1.1B | 1.6B | 1.7B | 1.9B | 2.0B | |
Net Debt | 627.4M | 966.1M | 1.4B | 1.7B | 2.0B | 2.1B | |
Accounts Payable | 19.0M | 15.2M | 29.5M | 37.5M | 43.1M | 45.2M | |
Cash | 9.1M | 10.0M | 16.8M | 3.4M | 3.9M | 6.1M | |
Non Current Assets Total | 874.7M | 1.2B | 1.7B | 2.2B | 2.5B | 2.6B | |
Non Currrent Assets Other | 4.5M | 11.2M | 14.4M | 389.7M | 448.1M | 470.5M | |
Cash And Short Term Investments | 9.1M | 10.0M | 16.8M | 3.4M | 3.9M | 6.1M | |
Net Receivables | 72.7M | 126.6M | 115.3M | 200.3M | 230.4M | 241.9M | |
Liabilities And Stockholders Equity | 714.1M | 1.1B | 1.7B | 2.6B | 2.9B | 3.1B | |
Non Current Liabilities Total | 633.9M | 991.4M | 1.4B | 1.8B | 2.1B | 2.2B | |
Inventory | 33.0M | 42.4M | 57.7M | 158.9M | 182.7M | 191.9M | |
Other Current Assets | 5.3M | 16.5M | 8.9M | 7.7M | 6.9M | 6.4M | |
Other Stockholder Equity | (382.5M) | 78.8M | 47.8M | 502.6M | 577.9M | 606.8M | |
Total Liab | 762.2M | 1.2B | 1.7B | 2.3B | 2.6B | 2.7B | |
Property Plant And Equipment Gross | 784.6M | 1.1B | 1.6B | 1.7B | 1.9B | 2.0B | |
Total Current Assets | 120.1M | 195.5M | 198.7M | 370.3M | 425.9M | 447.2M | |
Accumulated Other Comprehensive Income | 23K | (18K) | 299K | 197K | 226.6K | 237.9K | |
Short Term Debt | 6.6M | 13.3M | 39.1M | 21.0M | 24.1M | 25.3M | |
Common Stock | 382.5M | 466.6M | 61K | 67K | 60.3K | 57.3K | |
Other Liab | 4.0M | 28.6M | 41.8M | 119.9M | 137.9M | 144.8M | |
Other Assets | 4.5M | 62.7M | 14.4M | 271.2M | 311.9M | 327.4M | |
Long Term Debt | 596.4M | 912.7M | 1.2B | 1.6B | 1.8B | 1.9B | |
Property Plant Equipment | 751.8M | 1.1B | 1.6B | 1.6B | 1.8B | 1.9B | |
Net Tangible Assets | 147.0M | 224.6M | 166.7M | 230.6M | 207.5M | 149.3M | |
Short Long Term Debt | 6.6M | 13.3M | 39.1M | 21.0M | 24.1M | 13.4M | |
Long Term Debt Total | 596.4M | 912.7M | 1.2B | 1.6B | 1.8B | 1.9B | |
Non Current Liabilities Other | 37.4M | 65.5M | 164M | 191.4M | 220.1M | 231.1M |
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Additional Information and Resources on Investing in Enviva Stock
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 closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil, Gas & Consumable Fuels space 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.