Evolv Total Current Liabilities vs Current Deferred Revenue Analysis

EVLV Stock

USD 2.76 0.07 2.60%

Evolv Technologies financial indicator trend analysis is much more than just examining Evolv Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolv Technologies is a good investment. Please check the relationship between Evolv Technologies Total Current Liabilities and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Evolv Technologies' Total Current Liabilities and Current Deferred Revenue is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Evolv Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Evolv Technologies' Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Evolv Technologies Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Evolv Technologies' Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Evolv Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Evolv Technologies Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Evolv Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolv Technologies 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 Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative is likely to climb to about 89.2 M in 2024, whereas Tax Provision is likely to drop slightly above 28.1 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	712K	654K	621.3K
Depreciation And Amortization	9.3M	10.4M	9.9M	6.9M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.46	0.93	0.82	0.99	0.95	0.92	0.7	0.67	-0.88	-0.75	0.85	0.87	0.73	0.99	0.95	0.95	0.83	-0.14	-0.75	0.67	0.91	0.76	0.99	0.57	0.99
Short Long Term Debt Total	0.46		0.36	0.32	0.45	0.3	0.5	0.01	-0.01	-0.51	-0.14	0.51	0.58	0.04	0.51	0.33	0.48	0.56	-0.34	-0.06	0.57	0.53	0.24	0.41	0.26	0.49
Other Current Liab	0.93	0.36		0.96	0.87	0.95	0.92	0.85	0.83	-0.65	-0.9	0.95	0.65	0.87	0.96	0.95	0.78	0.9	-0.13	-0.52	0.78	0.97	0.88	0.97	0.82	0.87
Total Current Liabilities	0.82	0.32	0.96		0.74	0.88	0.79	0.86	0.85	-0.47	-0.92	0.97	0.48	0.88	0.88	0.87	0.62	0.94	0.07	-0.4	0.88	0.96	0.92	0.9	0.91	0.74
Total Stockholder Equity	0.99	0.45	0.87	0.74		0.91	0.89	0.61	0.58	-0.94	-0.66	0.78	0.93	0.65	0.95	0.91	0.99	0.76	-0.15	-0.81	0.59	0.85	0.67	0.96	0.45	1.0
Other Liab	0.95	0.3	0.95	0.88	0.91		0.9	0.88	0.86	-0.72	-0.9	0.88	0.7	0.9	0.96	1.0	0.86	0.84	-0.12	-0.71	0.7	0.92	0.89	0.96	0.7	0.91
Net Tangible Assets	0.92	0.5	0.92	0.79	0.89	0.9		0.7	0.67	-0.76	-0.75	0.82	0.76	0.73	0.94	0.92	0.85	0.75	-0.47	-0.49	0.59	0.88	0.71	0.92	0.66	0.89
Property Plant And Equipment Net	0.7	0.01	0.85	0.86	0.61	0.88	0.7		1.0	-0.3	-0.99	0.81	0.28	1.0	0.75	0.87	0.51	0.75	-0.01	-0.45	0.68	0.81	0.96	0.77	0.85	0.6
Current Deferred Revenue	0.67	-0.01	0.83	0.85	0.58	0.86	0.67	1.0		-0.27	-0.99	0.8	0.24	1.0	0.73	0.85	0.48	0.74	0.01	-0.42	0.67	0.79	0.95	0.74	0.86	0.57
Net Debt	-0.88	-0.51	-0.65	-0.47	-0.94	-0.72	-0.76	-0.3	-0.27		0.35	-0.54	-1.0	-0.35	-0.81	-0.72	-0.97	-0.55	0.21	0.81	-0.36	-0.64	-0.38	-0.81	-0.13	-0.94
Retained Earnings	-0.75	-0.14	-0.9	-0.92	-0.66	-0.9	-0.75	-0.99	-0.99	0.35		-0.89	-0.34	-0.99	-0.81	-0.9	-0.55	-0.83	0.03	0.43	-0.77	-0.88	-0.98	-0.82	-0.9	-0.66
Accounts Payable	0.85	0.51	0.95	0.97	0.78	0.88	0.82	0.81	0.8	-0.54	-0.89		0.56	0.83	0.92	0.88	0.68	0.99	0.01	-0.42	0.94	0.99	0.92	0.9	0.88	0.78
Cash	0.87	0.58	0.65	0.48	0.93	0.7	0.76	0.28	0.24	-1.0	-0.34	0.56		0.32	0.81	0.7	0.96	0.57	-0.23	-0.76	0.39	0.65	0.37	0.8	0.14	0.93
Non Current Assets Total	0.73	0.04	0.87	0.88	0.65	0.9	0.73	1.0	1.0	-0.35	-0.99	0.83	0.32		0.78	0.9	0.55	0.77	-0.02	-0.47	0.69	0.83	0.96	0.79	0.85	0.64
Non Currrent Assets Other	0.99	0.51	0.96	0.88	0.95	0.96	0.94	0.75	0.73	-0.81	-0.81	0.92	0.81	0.78		0.96	0.9	0.89	-0.18	-0.64	0.76	0.96	0.82	0.99	0.69	0.96
Other Assets	0.95	0.33	0.95	0.87	0.91	1.0	0.92	0.87	0.85	-0.72	-0.9	0.88	0.7	0.9	0.96		0.86	0.83	-0.2	-0.67	0.69	0.92	0.88	0.96	0.71	0.91
Cash And Short Term Investments	0.95	0.48	0.78	0.62	0.99	0.86	0.85	0.51	0.48	-0.97	-0.55	0.68	0.96	0.55	0.9	0.86		0.67	-0.22	-0.83	0.49	0.77	0.57	0.9	0.31	0.99
Net Receivables	0.83	0.56	0.9	0.94	0.76	0.84	0.75	0.75	0.74	-0.55	-0.83	0.99	0.57	0.77	0.89	0.83	0.67		0.1	-0.44	0.97	0.97	0.89	0.87	0.83	0.77
Common Stock Shares Outstanding	-0.14	-0.34	-0.13	0.07	-0.15	-0.12	-0.47	-0.01	0.01	0.21	0.03	0.01	-0.23	-0.02	-0.18	-0.2	-0.22	0.1		-0.18	0.2	-0.07	0.07	-0.1	-0.04	-0.17
Non Current Liabilities Total	-0.75	-0.06	-0.52	-0.4	-0.81	-0.71	-0.49	-0.45	-0.42	0.81	0.43	-0.42	-0.76	-0.47	-0.64	-0.67	-0.83	-0.44	-0.18		-0.27	-0.49	-0.46	-0.69	-0.05	-0.79
Capital Lease Obligations	0.67	0.57	0.78	0.88	0.59	0.7	0.59	0.68	0.67	-0.36	-0.77	0.94	0.39	0.69	0.76	0.69	0.49	0.97	0.2	-0.27		0.89	0.85	0.73	0.83	0.61
Inventory	0.91	0.53	0.97	0.96	0.85	0.92	0.88	0.81	0.79	-0.64	-0.88	0.99	0.65	0.83	0.96	0.92	0.77	0.97	-0.07	-0.49	0.89		0.9	0.95	0.83	0.86
Other Current Assets	0.76	0.24	0.88	0.92	0.67	0.89	0.71	0.96	0.95	-0.38	-0.98	0.92	0.37	0.96	0.82	0.88	0.57	0.89	0.07	-0.46	0.85	0.9		0.82	0.89	0.67
Other Stockholder Equity	0.99	0.41	0.97	0.9	0.96	0.96	0.92	0.77	0.74	-0.81	-0.82	0.9	0.8	0.79	0.99	0.96	0.9	0.87	-0.1	-0.69	0.73	0.95	0.82		0.67	0.96
Total Liab	0.57	0.26	0.82	0.91	0.45	0.7	0.66	0.85	0.86	-0.13	-0.9	0.88	0.14	0.85	0.69	0.71	0.31	0.83	-0.04	-0.05	0.83	0.83	0.89	0.67		0.45
Net Invested Capital	0.99	0.49	0.87	0.74	1.0	0.91	0.89	0.6	0.57	-0.94	-0.66	0.78	0.93	0.64	0.96	0.91	0.99	0.77	-0.17	-0.79	0.61	0.86	0.67	0.96	0.45

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Evolv Technologies Account Relationship Matchups

Pair Trading with Evolv Technologies

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 Evolv Technologies 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 Evolv Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Evolv Stock

0.61	INSG	Inseego Corp Trending	Pair Corr
0.53	SILC	Silicom	Pair Corr
0.46	SNT	Senstar Technologies	Pair Corr

The ability to find closely correlated positions to Evolv Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolv Technologies 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 Evolv Technologies - 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 Evolv Technologies Holdings to buy it.

The correlation of Evolv Technologies 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 Evolv Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolv Technologies 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 Evolv Technologies 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 Evolv Technologies is a strong investment it is important to analyze Evolv Technologies' 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 Evolv Technologies' future performance. For an informed investment choice regarding Evolv Stock, refer to the following important reports:

How To Invest In Evolv

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Is Evolv Stock a good investment?

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What is Evolv Technologies' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Evolv Stock analysis

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

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

Earnings Share

(0.59)

Revenue Per Share

0.554

Quarterly Revenue Growth

0.166

Return On Assets

(0.18)

Return On Equity

(0.52)

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

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Current Deferred Revenue

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Evolv Technologies

Moving against Evolv Stock

Complementary Tools for Evolv Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Current Deferred Revenue
Total Stockholder Equity	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Current Deferred Revenue
Retained Earnings	- 0.99	Property Plant And Equipment Net
Other Current Assets	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt