Envestnet Cash Flow Overview
| ENV Stock | USD 62.57 0.86 1.39% |
Envestnet |
Most accounts from Envestnet's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Envestnet current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Envestnet Valuation and Envestnet Correlation analysis. For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.At this time, Envestnet's Change To Inventory is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 74.6 M in 2024, despite the fact that Change In Working Capital is likely to grow to (11.6 M).
Envestnet cash flow statement Correlations
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Envestnet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Envestnet cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 11.6M | (7.7M) | 4.5M | 58.1M | 66.8M | 70.2M | |
| Change In Cash | (206.9M) | 302.0M | 44.7M | (267.3M) | (70.8M) | (67.3M) | |
| Free Cash Flow | 54.8M | 102.8M | 133.2M | (7.3M) | 24.6M | 42.2M | |
| Depreciation | 101.3M | 113.7M | 117.8M | 130.5M | 130.3M | 136.8M | |
| Other Non Cash Items | 12.5M | 23.0M | 11.8M | 26.8M | 205.9M | 216.2M | |
| Capital Expenditures | 53.9M | 67.0M | 117.4M | 124.3M | 130.3M | 136.8M | |
| Net Income | (17.2M) | (2.6M) | 12.7M | (85.5M) | (238.7M) | (226.8M) | |
| End Period Cash Flow | 82.8M | 384.7M | 429.4M | 162.2M | 91.4M | 136.7M | |
| Dividends Paid | 545.3M | 5K | 19.5M | 2.6M | 3.0M | 2.9M | |
| Investments | (5.3M) | (15.6M) | (25.9M) | (251.1M) | (149.5M) | (142.1M) | |
| Change Receivables | (12.9M) | 1.1M | (15.1M) | (16.7M) | (15.1M) | (14.3M) | |
| Change To Netincome | 37.2M | 80.7M | 80.4M | 99.1M | 114.0M | 119.7M | |
| Net Borrowings | 253.9M | 73.1M | 243.0M | 62.1M | 55.9M | 83.4M |
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
| 0.82 | VS | Versus Systems Financial Report 20th of May 2024 | PairCorr |
| 0.79 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.79 | QH | QuhuoLtd | PairCorr |
| 0.76 | PD | Pagerduty Financial Report 6th of June 2024 | PairCorr |
| 0.7 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
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.Check out Envestnet Valuation and Envestnet Correlation analysis. For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Envestnet Stock analysis
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 6 | 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.