EVI Net Debt vs Common Stock Shares Outstanding Analysis
EVI Stock | USD 20.95 0.07 0.34% |
EVI Industries financial indicator trend analysis is much more than just examining EVI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVI Industries is a good investment. Please check the relationship between EVI Industries Net Debt and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. 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. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.
Net Debt vs Common Stock Shares Outstanding
Net Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVI Industries Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between EVI Industries' Net Debt and Common Stock Shares Outstanding is 0.73. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of EVI Industries, assuming nothing else is changed. The correlation between historical values of EVI Industries' Net Debt and Common Stock Shares Outstanding 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 Debt of EVI Industries are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., EVI Industries' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from EVI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVI Industries 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 EVI Industries. 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. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.As of now, EVI Industries' Enterprise Value Multiple is increasing as compared to previous years. The EVI Industries' current Enterprise Value is estimated to increase to about 421 M, while Issuance Of Capital Stock is projected to decrease to under 51.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.7M | 103.7M | 119.2M | 125.2M | Total Revenue | 267.3M | 354.2M | 407.3M | 427.7M |
EVI Industries fundamental ratios Correlations
Click cells to compare fundamentals
EVI Industries Account Relationship Matchups
EVI Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 160.7M | 177.9M | 230.8M | 253.8M | 291.9M | 306.5M | |
Short Long Term Debt Total | 33.0M | 19.6M | 36.1M | 44.5M | 51.1M | 53.7M | |
Other Current Liab | 4.8M | 7.5M | 8.5M | 22.8M | 26.2M | 27.5M | |
Total Current Liabilities | 42.5M | 49.5M | 74.8M | 76.4M | 87.9M | 92.3M | |
Total Stockholder Equity | 87.8M | 106.7M | 117.7M | 131.0M | 150.6M | 158.1M | |
Property Plant And Equipment Net | 13.3M | 17.7M | 20.5M | 21.7M | 24.9M | 26.2M | |
Net Debt | 23.3M | 13.5M | 32.1M | 38.5M | 44.3M | 46.5M | |
Retained Earnings | 10.4M | 18.8M | 22.9M | 32.6M | 37.5M | 39.4M | |
Cash | 9.8M | 6.1M | 4.0M | 5.9M | 6.8M | 7.1M | |
Non Current Assets Total | 96.1M | 112.6M | 125.2M | 128.3M | 147.6M | 155.0M | |
Cash And Short Term Investments | 9.8M | 6.1M | 4.0M | 5.9M | 6.8M | 7.1M | |
Net Receivables | 26.5M | 29.3M | 44.5M | 51.9M | 59.7M | 62.7M | |
Common Stock Shares Outstanding | 12.2M | 12.6M | 12.7M | 12.8M | 14.7M | 8.2M | |
Liabilities And Stockholders Equity | 160.7M | 177.9M | 230.8M | 253.8M | 291.9M | 306.5M | |
Non Current Liabilities Total | 30.4M | 21.6M | 38.2M | 46.4M | 53.4M | 56.1M | |
Inventory | 24.1M | 25.1M | 49.4M | 59.2M | 68.0M | 71.4M | |
Other Current Assets | 3.0M | 4.4M | 6.0M | 5.4M | 6.2M | 6.5M | |
Other Stockholder Equity | 77.1M | 87.6M | 94.5M | 98.0M | 112.7M | 118.4M | |
Total Liab | 72.9M | 71.1M | 113.1M | 122.9M | 141.3M | 148.4M | |
Property Plant And Equipment Gross | 13.3M | 17.7M | 20.5M | 33.8M | 38.9M | 40.8M | |
Total Current Assets | 64.7M | 65.2M | 105.6M | 125.5M | 144.3M | 151.5M | |
Short Term Debt | 4.4M | 2.1M | 2.5M | 3.0M | 3.5M | 3.7M | |
Intangible Assets | 21.8M | 23.7M | 26.2M | 24.1M | 27.7M | 29.1M | |
Non Currrent Assets Other | 4.3M | 7.4M | 1.8M | 9.2M | 10.5M | 11.1M | |
Accounts Payable | 24.3M | 26.2M | 42.0M | 26.7M | 30.7M | 32.2M | |
Good Will | 56.7M | 63.9M | 71.0M | 73.4M | 84.4M | 88.6M | |
Common Stock Total Equity | 296K | 301K | 310K | 316K | 363.4K | 214.6K | |
Common Stock | 301K | 310K | 316K | 318K | 365.7K | 213.6K | |
Other Assets | 4.3M | 7.4M | 7.4M | 9.2M | 10.5M | 11.1M | |
Long Term Debt | 25.0M | 11.9M | 27.8M | 34.9M | 40.1M | 42.1M | |
Property Plant Equipment | 13.3M | 17.7M | 13.0M | 21.7M | 24.9M | 26.2M | |
Treasury Stock | (1.4M) | (2.0M) | (2.9M) | (3.1M) | (2.8M) | (2.6M) | |
Current Deferred Revenue | 9.1M | 13.6M | 21.8M | 24.0M | 27.6M | 28.9M | |
Net Tangible Assets | 9.4M | 19.2M | 20.4M | 33.4M | 38.5M | 40.4M | |
Retained Earnings Total Equity | 9.6M | 10.4M | 18.8M | 22.9M | 26.3M | 27.6M | |
Capital Surpluse | 79.1M | 90.5M | 97.5M | 101.2M | 116.4M | 122.2M | |
Deferred Long Term Liab | 1.7M | 1.7M | 4.2M | 4.7M | 5.4M | 5.6M |
Currently Active Assets on Macroaxis
When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' 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 Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. 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. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for EVI Stock analysis
When running EVI Industries' price analysis, check to measure EVI Industries' 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 EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is EVI Industries' 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 EVI Industries. If investors know EVI 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 EVI Industries 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 (0.68) | Earnings Share 0.37 | Revenue Per Share 28.317 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0303 |
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' 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 EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' 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 EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' 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.