EVI Change In Working Capital from 2010 to 2024

EVI Stock  USD 19.00  0.68  3.71%   
EVI Industries' Change In Working Capital is increasing with very volatile movements from year to year. Change In Working Capital is estimated to finish at about 15.5 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
1991-09-30
Previous Quarter
7.5 M
Current Value
7.5 M
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EVI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EVI Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.3 M, Interest Expense of 2.9 M or Total Revenue of 371.2 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0041 or PTB Ratio of 3.29. EVI financial statements analysis is a perfect complement when working with EVI Industries Valuation or Volatility modules.
  
Check out the analysis of EVI Industries Correlation against competitors.
For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.

Latest EVI Industries' Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of EVI Industries over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. EVI Industries' Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EVI Industries' overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Very volatile
   Change In Working Capital   
       Timeline  

EVI Change In Working Capital Regression Statistics

Arithmetic Mean18,433
Coefficient Of Variation59,473
Mean Deviation7,956,009
Median500,000
Standard Deviation10,962,522
Sample Variance120.2T
Range34.7M
R-Value0.09
Mean Square Error128.4T
R-Squared0.01
Significance0.75
Slope219,437
Total Sum of Squares1682.5T

EVI Change In Working Capital History

202415.5 M
202314.8 M
2022-18.8 M
2021-14.2 M
20203.3 M
201916 M
2018-18.3 M

About EVI Industries Financial Statements

Investors use fundamental indicators, such as EVI Industries' Change In Working Capital, to determine how well the company is positioned to perform in the future. Although EVI Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change In Working Capital14.8 M15.5 M

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 the analysis of EVI Industries Correlation against competitors.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Trading Companies & Distributors 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 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
1.34
Earnings Share
0.49
Revenue Per Share
28.33
Quarterly Revenue Growth
0.063
Return On Assets
0.0354
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.