Enviva Historical Income Statement
| EVA Stock | USD 0.52 0.01 1.89% |
Historical analysis of Enviva Partners income statement accounts such as Selling General Administrative of 113.9 M or Total Revenue of 681.8 M can show how well Enviva Partners LP performed in making a profits. Evaluating Enviva Partners income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Enviva Partners's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Enviva Partners LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Enviva Partners LP is a good buy for the upcoming year.
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About Enviva Income Statement Analysis
Enviva Partners LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Enviva Partners shareholders. The income statement also shows Enviva investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Enviva Partners Income Statement Chart
Enviva Partners LP Income Statement is one of the three primary financial statements used for reporting Enviva's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enviva Partners LP revenue and expense. Enviva Partners Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Enviva Partners' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 173.6 M, whereas Total Revenue is forecasted to decline to about 681.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Enviva Partners LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Enviva Partners LP minus its cost of goods sold. It is profit before Enviva Partners operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enviva Partners LP. It is also known as Enviva Partners overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Enviva Partners LP whose combined shares represent less than 50% of the total outstanding shares issued by Enviva Partners have a minority interest in Enviva Partners.Most accounts from Enviva Partners' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income 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 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' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 173.6 M, whereas Total Revenue is forecasted to decline to about 681.8 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 income statement Correlations
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Enviva Partners Account Relationship Matchups
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Enviva Partners income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 52.3M | 77.7M | 93.8M | 113.2M | 130.2M | 136.7M | |
| Interest Expense | 39.3M | 44.9M | 56.5M | 71.6M | 165.3M | 173.6M | |
| Selling General Administrative | 36.4M | 45.3M | 175.1M | 20.8M | 108.4M | 113.9M | |
| Total Revenue | 684.4M | 875.1M | 1.0B | 1.1B | 1.1B | 681.8M | |
| Gross Profit | 81.1M | 107.1M | 77.9M | 166.8M | 27.6M | 26.2M | |
| Other Operating Expenses | 639.7M | 813.3M | 1.1B | 1.2B | 1.4B | 1.4B | |
| Operating Income | 44.7M | 61.8M | (97.3M) | (85.7M) | (116.4M) | (110.6M) | |
| Ebit | 44.7M | 61.8M | (97.3M) | (85.7M) | (77.1M) | (73.3M) | |
| Ebitda | 97.0M | 139.5M | (3.5M) | 27.5M | 31.6M | 61.6M | |
| Cost Of Revenue | 603.3M | 768.0M | 963.8M | 927.5M | 1.1B | 609.5M | |
| Total Operating Expenses | 36.4M | 45.3M | 175.1M | 253.7M | 1.2B | 1.3B | |
| Income Before Tax | (2.9M) | 17.1M | (162.2M) | (165.9M) | (332.6M) | (315.9M) | |
| Total Other Income Expense Net | (47.6M) | (44.6M) | (65.0M) | (80.2M) | (50.9M) | (48.3M) | |
| Net Income | (43.1M) | 17.1M | (145.3M) | (168.4M) | (335.3M) | (318.6M) | |
| Income Tax Expense | 40.1M | 69K | (17.0M) | 2.5M | 2.2M | 3.9M | |
| Net Income From Continuing Ops | (2.9M) | 17.1M | (145.3M) | (168.4M) | (335.2M) | (318.5M) | |
| Net Income Applicable To Common Shares | (2.9M) | 17.1M | (145.3M) | (168.3M) | (151.5M) | (143.9M) | |
| Minority Interest | (149.9M) | (190.6M) | (23.2M) | (61K) | (130K) | (136.5K) | |
| Interest Income | 39.3M | 44.9M | 56.5M | 71.6M | 82.3M | 42.4M | |
| Non Operating Income Net Other | (8.3M) | 273K | (8.5M) | 1.2M | 1.4M | 1.4M | |
| Net Interest Income | (39.3M) | (44.9M) | (56.5M) | (71.6M) | (165.3M) | (157.0M) | |
| Reconciled Depreciation | 51.6M | 77.5M | 92.9M | 113.2M | 129.1M | 85.7M |
Pair Trading with Enviva Partners
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 Enviva Partners 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 Enviva Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Enviva Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enviva Partners 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 Enviva Partners - 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 Enviva Partners LP to buy it.
The correlation of Enviva Partners 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 Enviva Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enviva Partners LP 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 Enviva Partners 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 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Enviva Stock analysis
When running Enviva Partners' price analysis, check to measure Enviva Partners' 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 Enviva Partners is operating at the current time. Most of Enviva Partners' value examination focuses on studying past and present price action to predict the probability of Enviva Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enviva Partners' price. Additionally, you may evaluate how the addition of Enviva Partners to your portfolios can decrease your overall portfolio volatility.
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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.