Envirotech Change In Working Capital from 2010 to 2024

EVTV Stock  USD 1.35  0.05  3.57%   
Envirotech Vehicles Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. 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
2017-03-31
Previous Quarter
288.9 K
Current Value
436 K
Quarterly Volatility
1.8 M
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Envirotech Vehicles 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. Envirotech Vehicles' Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envirotech Vehicles' overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Pretty Stable
   Change In Working Capital   
       Timeline  

Envirotech Change In Working Capital Regression Statistics

Arithmetic Mean(467,122)
Geometric Mean129,505
Coefficient Of Variation(549.70)
Mean Deviation1,445,226
Median13,000
Standard Deviation2,567,781
Sample Variance6.6T
Range10.7M
R-Value(0.13)
Mean Square Error7T
R-Squared0.02
Significance0.65
Slope(73,292)
Total Sum of Squares92.3T

Envirotech Change In Working Capital History

2024M
20231.9 M
2022-2.7 M
2021-8.8 M
20201.8 M
2019-582 K
2018-670 K

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' Change In Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital1.9 MM

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Additional Tools for Envirotech Stock Analysis

When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' 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 Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.