Envela Change To Netincome from 2010 to 2024

ELA Stock  USD 6.50  0.01  0.15%   
Envela Corp's Change To Netincome is decreasing over the years with slightly volatile fluctuation. Change To Netincome is expected to dwindle to about 103.1 K. From 2010 to 2024 Envela Corp Change To Netincome quarterly data regression line had arithmetic mean of  460,217 and r-squared of  0.11. View All Fundamentals
 
Change To Netincome  
First Reported
2012-03-31
Previous Quarter
335.2 K
Current Value
713.5 K
Quarterly Volatility
420.6 K
 
Yuan Drop
 
Covid
Check Envela Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envela Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 350.2 K or Total Revenue of 180.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0 or PTB Ratio of 2.56. Envela financial statements analysis is a perfect complement when working with Envela Corp Valuation or Volatility modules.
  
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.

Latest Envela Corp's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Envela Corp over the last few years. It is Envela Corp's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envela Corp's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Envela Change To Netincome Regression Statistics

Arithmetic Mean460,217
Geometric Mean89,973
Coefficient Of Variation139.23
Mean Deviation547,010
Median108,499
Standard Deviation640,754
Sample Variance410.6B
Range1.7M
R-Value(0.34)
Mean Square Error391.6B
R-Squared0.11
Significance0.22
Slope(48,432)
Total Sum of Squares5.7T

Envela Change To Netincome History

2024103.1 K
2023108.5 K
2022120.6 K
2021-83 K
2019 325.0
20181.3 M
2017207.6 K

About Envela Corp Financial Statements

Envela Corp stakeholders use historical fundamental indicators, such as Envela Corp's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Envela Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Envela Corp's assets and liabilities are reflected in the revenues and expenses on Envela Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Envela Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome108.5 K103.1 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp'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 Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Other Specialty Retail space 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 Envela Corp. If investors know Envela 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 Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.25
Revenue Per Share
6.3
Quarterly Revenue Growth
0.272
Return On Assets
0.0648
Return On Equity
0.1307
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp'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 Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp'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 Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.