EVI Total Assets vs Non Current Liabilities Total 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 Total Assets and its Non Current Liabilities Total 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVI Industries Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EVI Industries' Total Assets and Non Current Liabilities Total is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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' Total Assets and Non Current Liabilities Total 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 Assets of EVI Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., EVI Industries' Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of EVI Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in EVI Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

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 Profit73.7M103.7M119.2M125.2M
Total Revenue267.3M354.2M407.3M427.7M

EVI Industries fundamental ratios Correlations

0.960.910.991.00.970.960.950.310.990.310.990.760.960.980.970.991.00.950.990.810.960.910.930.990.74
0.960.890.920.940.90.980.90.40.930.40.960.691.00.950.90.940.970.90.960.750.920.860.850.930.68
0.910.890.90.890.860.90.940.210.860.210.940.590.90.950.840.860.920.930.940.660.810.920.710.860.59
0.990.920.90.980.980.920.970.290.970.290.980.720.930.980.980.960.990.960.990.820.930.880.940.960.72
1.00.940.890.980.970.950.940.31.00.30.990.780.940.960.961.00.990.940.980.810.970.910.930.990.76
0.970.90.860.980.970.890.960.360.960.360.950.690.910.960.990.950.970.970.970.860.910.90.950.940.66
0.960.980.90.920.950.890.880.230.950.230.970.730.980.950.890.950.970.890.960.710.940.860.850.950.68
0.950.90.940.970.940.960.880.310.910.310.960.610.90.980.950.90.960.990.980.780.840.920.860.90.61
0.310.40.210.290.30.360.230.310.291.00.270.110.40.290.350.290.320.360.330.530.250.350.320.260.25
0.990.930.860.971.00.960.950.910.290.290.980.80.930.940.961.00.980.910.960.80.990.890.941.00.78
0.310.40.210.290.30.360.230.311.00.290.270.110.40.290.350.290.320.360.330.530.250.350.320.260.25
0.990.960.940.980.990.950.970.960.270.980.270.730.970.990.950.971.00.950.990.760.940.90.90.970.72
0.760.690.590.720.780.690.730.610.110.80.110.730.690.660.690.810.730.60.690.580.840.630.740.820.94
0.961.00.90.930.940.910.980.90.40.930.40.970.690.950.910.930.970.910.970.730.910.870.850.930.67
0.980.950.950.980.960.960.950.980.290.940.290.990.660.950.960.940.990.981.00.780.890.890.890.930.65
0.970.90.840.980.960.990.890.950.350.960.350.950.690.910.960.950.970.950.960.830.910.860.960.940.67
0.990.940.860.961.00.950.950.90.291.00.290.970.810.930.940.950.980.90.960.80.990.890.931.00.79
1.00.970.920.990.990.970.970.960.320.980.321.00.730.970.990.970.980.961.00.80.950.890.920.970.72
0.950.90.930.960.940.970.890.990.360.910.360.950.60.910.980.950.90.960.970.830.840.930.860.90.58
0.990.960.940.990.980.970.960.980.330.960.330.990.690.971.00.960.961.00.970.790.920.90.90.950.69
0.810.750.660.820.810.860.710.780.530.80.530.760.580.730.780.830.80.80.830.790.760.750.830.790.6
0.960.920.810.930.970.910.940.840.250.990.250.940.840.910.890.910.990.950.840.920.760.850.910.990.8
0.910.860.920.880.910.90.860.920.350.890.350.90.630.870.890.860.890.890.930.90.750.850.740.890.59
0.930.850.710.940.930.950.850.860.320.940.320.90.740.850.890.960.930.920.860.90.830.910.740.920.73
0.990.930.860.960.990.940.950.90.261.00.260.970.820.930.930.941.00.970.90.950.790.990.890.920.79
0.740.680.590.720.760.660.680.610.250.780.250.720.940.670.650.670.790.720.580.690.60.80.590.730.79
Click cells to compare fundamentals

EVI Industries Account Relationship Matchups

EVI Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets160.7M177.9M230.8M253.8M291.9M306.5M
Short Long Term Debt Total33.0M19.6M36.1M44.5M51.1M53.7M
Other Current Liab4.8M7.5M8.5M22.8M26.2M27.5M
Total Current Liabilities42.5M49.5M74.8M76.4M87.9M92.3M
Total Stockholder Equity87.8M106.7M117.7M131.0M150.6M158.1M
Property Plant And Equipment Net13.3M17.7M20.5M21.7M24.9M26.2M
Net Debt23.3M13.5M32.1M38.5M44.3M46.5M
Retained Earnings10.4M18.8M22.9M32.6M37.5M39.4M
Cash9.8M6.1M4.0M5.9M6.8M7.1M
Non Current Assets Total96.1M112.6M125.2M128.3M147.6M155.0M
Cash And Short Term Investments9.8M6.1M4.0M5.9M6.8M7.1M
Net Receivables26.5M29.3M44.5M51.9M59.7M62.7M
Common Stock Shares Outstanding12.2M12.6M12.7M12.8M14.7M8.2M
Liabilities And Stockholders Equity160.7M177.9M230.8M253.8M291.9M306.5M
Non Current Liabilities Total30.4M21.6M38.2M46.4M53.4M56.1M
Inventory24.1M25.1M49.4M59.2M68.0M71.4M
Other Current Assets3.0M4.4M6.0M5.4M6.2M6.5M
Other Stockholder Equity77.1M87.6M94.5M98.0M112.7M118.4M
Total Liab72.9M71.1M113.1M122.9M141.3M148.4M
Property Plant And Equipment Gross13.3M17.7M20.5M33.8M38.9M40.8M
Total Current Assets64.7M65.2M105.6M125.5M144.3M151.5M
Short Term Debt4.4M2.1M2.5M3.0M3.5M3.7M
Intangible Assets21.8M23.7M26.2M24.1M27.7M29.1M
Non Currrent Assets Other4.3M7.4M1.8M9.2M10.5M11.1M
Accounts Payable24.3M26.2M42.0M26.7M30.7M32.2M
Good Will56.7M63.9M71.0M73.4M84.4M88.6M
Common Stock Total Equity296K301K310K316K363.4K214.6K
Common Stock301K310K316K318K365.7K213.6K
Other Assets4.3M7.4M7.4M9.2M10.5M11.1M
Long Term Debt25.0M11.9M27.8M34.9M40.1M42.1M
Property Plant Equipment13.3M17.7M13.0M21.7M24.9M26.2M
Treasury Stock(1.4M)(2.0M)(2.9M)(3.1M)(2.8M)(2.6M)
Current Deferred Revenue9.1M13.6M21.8M24.0M27.6M28.9M
Net Tangible Assets9.4M19.2M20.4M33.4M38.5M40.4M
Retained Earnings Total Equity9.6M10.4M18.8M22.9M26.3M27.6M
Capital Surpluse79.1M90.5M97.5M101.2M116.4M122.2M
Deferred Long Term Liab1.7M1.7M4.2M4.7M5.4M5.6M

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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.
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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.