Evotec Other Current Liab vs Retained Earnings Analysis

EVO Stock  USD 4.68  0.16  3.54%   
Evotec SE financial indicator trend analysis is much more than just examining Evotec SE ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evotec SE ADR is a good investment. Please check the relationship between Evotec SE Other Current Liab and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evotec SE ADR. 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.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evotec SE ADR Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Evotec SE's Other Current Liab and Retained Earnings is 0.33. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Evotec SE ADR, assuming nothing else is changed. The correlation between historical values of Evotec SE's Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Evotec SE ADR are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Evotec SE's Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Evotec SE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evotec SE ADR 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 Evotec SE ADR. 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 this time, Evotec SE's Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Tax Provision is likely to drop about 3.2 M.
 2021 2022 2023 2024 (projected)
Total Revenue618.0M751.4M781.4M820.5M
Depreciation And Amortization67.6M81.7M99.9M104.9M

Evotec SE fundamental ratios Correlations

0.99-0.240.8-0.590.960.960.950.960.290.330.940.960.990.90.960.640.970.850.990.980.520.60.970.940.95
0.99-0.220.82-0.520.920.940.910.930.140.360.90.970.960.870.980.680.920.810.940.990.470.60.970.920.94
-0.24-0.220.120.45-0.32-0.18-0.11-0.28-0.13-0.85-0.19-0.31-0.21-0.18-0.29-0.15-0.33-0.17-0.26-0.280.160.49-0.26-0.48-0.41
0.80.820.12-0.230.720.790.710.70.060.020.680.780.760.690.820.70.740.560.750.820.30.880.80.660.66
-0.59-0.520.45-0.23-0.57-0.52-0.63-0.75-0.54-0.32-0.76-0.42-0.62-0.68-0.47-0.45-0.64-0.83-0.65-0.54-0.40.05-0.55-0.75-0.75
0.960.92-0.320.72-0.570.940.920.930.450.330.890.930.970.860.910.50.980.790.980.930.530.560.920.920.9
0.960.94-0.180.79-0.520.940.910.890.340.330.860.910.950.80.920.650.950.750.960.950.460.650.960.920.87
0.950.91-0.110.71-0.630.920.910.940.410.220.960.860.980.90.840.480.890.910.950.880.760.560.890.870.92
0.960.93-0.280.7-0.750.930.890.940.370.270.990.890.970.950.90.580.950.950.970.930.560.480.910.930.97
0.290.14-0.130.06-0.540.450.340.410.37-0.10.370.10.380.340.090.00.440.380.440.170.450.130.240.370.29
0.330.36-0.850.02-0.320.330.330.220.27-0.10.20.40.290.160.40.280.320.160.290.38-0.07-0.350.40.530.46
0.940.9-0.190.68-0.760.890.860.960.990.370.20.850.960.950.850.530.90.980.950.890.650.480.870.890.95
0.960.97-0.310.78-0.420.930.910.860.890.10.40.850.930.820.980.560.920.730.920.970.410.570.930.870.89
0.990.96-0.210.76-0.620.970.950.980.970.380.290.960.930.920.920.560.960.880.990.950.610.580.950.930.94
0.90.87-0.180.69-0.680.860.80.90.950.340.160.950.820.920.830.530.880.910.910.860.580.490.860.840.91
0.960.98-0.290.82-0.470.910.920.840.90.090.40.850.980.920.830.720.920.730.920.990.340.580.960.910.91
0.640.68-0.150.7-0.450.50.650.480.580.00.280.530.560.560.530.720.60.460.570.72-0.050.450.70.70.64
0.970.92-0.330.74-0.640.980.950.890.950.440.320.90.920.960.880.920.60.810.990.950.430.550.950.950.92
0.850.81-0.170.56-0.830.790.750.910.950.380.160.980.730.880.910.730.460.810.870.790.680.350.770.820.91
0.990.94-0.260.75-0.650.980.960.950.970.440.290.950.920.990.910.920.570.990.870.950.560.570.950.940.94
0.980.99-0.280.82-0.540.930.950.880.930.170.380.890.970.950.860.990.720.950.790.950.390.590.970.940.94
0.520.470.160.3-0.40.530.460.760.560.45-0.070.650.410.610.580.34-0.050.430.680.560.390.310.380.40.54
0.60.60.490.880.050.560.650.560.480.13-0.350.480.570.580.490.580.450.550.350.570.590.310.590.370.36
0.970.97-0.260.8-0.550.920.960.890.910.240.40.870.930.950.860.960.70.950.770.950.970.380.590.940.91
0.940.92-0.480.66-0.750.920.920.870.930.370.530.890.870.930.840.910.70.950.820.940.940.40.370.940.96
0.950.94-0.410.66-0.750.90.870.920.970.290.460.950.890.940.910.910.640.920.910.940.940.540.360.910.96
Click cells to compare fundamentals

Evotec SE Account Relationship Matchups

Evotec SE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.5B2.2B2.3B2.3B2.4B
Total Stockholder Equity477.0M722.8M1.4B1.2B1.1B1.2B
Common Stock Shares Outstanding151.5M154.9M167.1M176.7M176.9M188.4M
Liabilities And Stockholders Equity1.2B1.5B2.2B2.3B2.3B2.4B
Other Stockholder Equity786.9M1.0B1.4B1.4B1.4B733.8M
Other Assets58.0M62.3M79.3M1.01.151.09
Short Long Term Debt Total463.1M492.0M512.9M506.7M626.2M657.5M
Other Current Liab53.5M65.3M74.5M87.4M73.3M77.0M
Total Current Liabilities179.0M208.5M324.5M337.7M464.6M487.8M
Property Plant And Equipment Net239.2M337.3M484.6M650.2M806.6M846.9M
Net Debt186.1M69.8M(186.4M)91.5M115.3M121.1M
Retained Earnings(441.2M)(434.2M)(216.4M)(392.4M)(476.3M)(500.1M)
Accounts Payable31.3M42.5M72.6M97.3M134.3M141.0M
Cash277.0M422.2M699.3M415.2M510.9M536.5M
Non Current Assets Total711.4M804.1M1.1B1.2B1.4B1.5B
Non Currrent Assets Other23.7M37.4M56.8M74.1M95.2M100.0M
Cash And Short Term Investments321.7M492.2M858.5M730.0M604.1M634.3M
Short Term Investments44.6M70.1M159.2M314.8M93.2M74.6M
Non Current Liabilities Total524.9M531.6M533.0M732.4M714.6M750.3M
Other Current Assets3.8M6.5M20.7M40.2M64.1M67.3M
Total Liab703.9M740.0M857.5M1.1B1.2B1.2B
Total Current Assets469.5M658.8M1.1B1.1B903.2M948.3M
Short Term Debt20.7M30.0M50.6M16.4M149.1M156.5M
Common Stock150.9M163.9M176.6M177.0M177.2M128.1M
Current Deferred Revenue73.4M70.6M126.8M136.7M107.9M113.2M
Net Receivables124.1M136.9M176.8M256.7M204.1M214.3M
Inventory10.7M13.6M25.8M29.8M30.9M32.4M
Good Will255.9M247.4M257.6M274.8M275.6M289.4M
Intangible Assets117.0M98.0M30.9M23.8M15.5M14.7M
Accumulated Other Comprehensive Income(19.6M)(37.5M)(12.6M)(37.4M)(30.6M)(32.2M)
Other Liab93.2M82.6M69.6M70.7M63.6M61.8M
Net Tangible Assets79.0M102.9M375.9M1.1B1.3B1.3B
Long Term Debt324.9M331.0M326.3M328.3M377.5M254.0M
Capital Lease Obligations131.9M145.6M150.4M176.8M203.3M112.1M
Net Invested Capital808.3M1.1B1.7B1.5B1.1B1.1B
Short Long Term Debt6.3M15.4M36.1M1.6M1.4M1.3M
Net Working Capital290.6M450.4M776.4M736.0M438.6M421.1M
Property Plant Equipment89.3M238.0M335.7M484.6M557.3M585.2M
Long Term Investments41.3M59.0M287.0M150.3M142.1M129.9M
Capital Stock150.9M163.9M176.6M177.0M177.2M182.3M

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When determining whether Evotec SE ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evotec SE's 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 Evotec Se Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evotec Se Adr Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evotec SE ADR. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Evotec SE'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 Evotec SE. If investors know Evotec 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 Evotec SE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
2.194
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0003
Return On Equity
(0.08)
The market value of Evotec SE ADR is measured differently than its book value, which is the value of Evotec that is recorded on the company's balance sheet. Investors also form their own opinion of Evotec SE's value that differs from its market value or its book value, called intrinsic value, which is Evotec SE'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 Evotec SE's market value can be influenced by many factors that don't directly affect Evotec SE'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 Evotec SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evotec SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evotec SE'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.