Envela Corp Financials

ELA Stock  USD 7.81  0.07  0.89%   
Based on the analysis of Envela Corp's profitability, liquidity, and operating efficiency, Envela Corp is performing exceptionally good at the moment. It has a great risk to report excellent financial results in January. At present, Envela Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 20.3 M, whereas Total Current Liabilities is forecasted to decline to about 5.5 M. Key indicators impacting Envela Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.330.3465
Notably Down
Slightly volatile
Current Ratio5.835.548
Sufficiently Up
Slightly volatile
Investors should never underestimate Envela Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Envela Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Envela Corp.

Cash And Equivalents

20.73 Million

  
Understanding current and past Envela Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Envela Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Envela Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of Envela Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Envela Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Envela Corp's management manipulating its earnings.

Envela Corp Stock Summary

Envela Corp competes with Movado, MYT Netherlands, Tapestry, Capri Holdings, and Lanvin Group. Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on AMEX Exchange. It employs 256 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS29402E1029
CUSIP29402E102 23323G106 235077104
LocationTexas; U.S.A
Business Address1901 Gateway Drive,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.envela.com
Phone972 587 4049
CurrencyUSD - US Dollar

Envela Corp Key Financial Ratios

Envela Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets27.0M40.6M59.3M71.3M73.5M77.1M
Other Current Liab916.5K(1.2M)(492.6K)1.8M359.5K377.5K
Net Debt8.7M11.0M16.0M4.9M1.4M1.4M
Retained Earnings(29.2M)(22.9M)(12.8M)2.9M10.0M10.5M
Net Receivables3.0M2.8M7.2M8.5M7.8M8.2M
Inventory9.5M10.0M14.0M18.8M23.1M24.3M
Other Current Assets1.2M1.4M3.0M4.4M1.1M863.4K
Total Liab15.8M23.0M31.6M28.0M25.2M26.4M
Total Current Assets18.4M23.5M34.4M48.9M49.9M52.4M
Short Term Debt2.3M4.4M5.9M2.9M5.0M5.2M
Cash4.5M9.2M10.1M17.2M17.9M18.7M
Accounts Payable1.5M1.5M2.5M3.4M3.1M2.0M
Intangible Assets3.4M3.0M3.0M5.0M4.3M2.2M
Net Tangible Assets6.4M13.2M27.4M34.4M39.6M41.6M
Long Term Debt Total8.6M4.2M16.0M14.7M16.9M17.8M
Other Assets204.8K5.8M237.8K186.8K1.00.95

Envela Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense415.0K620.5K704.1K483.7K463.2K350.2K
Total Revenue82.0M113.9M141.0M182.7M171.7M180.3M
Gross Profit16.3M23.1M31.2M44.8M40.3M42.3M
Operating Income3.2M6.8M9.5M13.9M8.8M9.2M
Ebit3.2M6.8M9.5M13.9M9.5M10.0M
Ebitda3.8M7.5M10.4M15.4M10.8M11.4M
Cost Of Revenue65.8M90.9M109.7M137.9M131.4M137.9M
Income Before Tax2.9M6.5M10.2M14.4M9.0M9.5M
Net Income2.8M6.4M10.0M15.7M7.1M7.5M
Income Tax Expense95.1K89.6K112.8K(1.3M)1.9M2.0M
Tax Provision95.1K89.6K112.8K(1.3M)80.0K84.0K
Interest Income415.0K620.5K704.1K483.7K556.2K451.6K
Net Interest Income(415.0K)(620.5K)(704.1K)(483.7K)(468.4K)(491.8K)

Envela Corp Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.1M4.7M920.1K7.0M683.9K797.1K
Free Cash Flow(705.8K)1.0M(333.7K)9.7M3.6M3.8M
Depreciation520.3K728.6K926.1K1.5M1.4M1.4M
Other Non Cash Items5.0M1.8M(697.4K)(718.1K)2.2M2.3M
Capital Expenditures163.0K5.9M3.1M272.7K2.2M2.4M
Net Income2.8M6.4M10.0M15.7M7.1M7.5M
End Period Cash Flow4.5M9.2M10.1M17.2M17.9M18.7M
Change To Inventory1.5M(497.4K)(3.6M)(4.7M)(4.4M)(4.2M)
Investments(6.0M)(8.0M)(61.4K)(229.3K)(1.1M)(1.1M)
Change Receivables(1.9M)151.1K4.0M903.8K1.0M1.1M
Net Borrowings(360.9K)5.8M3.3M(1.7M)(2.0M)(1.9M)

Envela Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Envela Corp's current stock value. Our valuation model uses many indicators to compare Envela Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Envela Corp competition to find correlations between indicators driving Envela Corp's intrinsic value. More Info.
Envela Corp is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about  0.50  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Envela Corp is roughly  2.02 . At present, Envela Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Envela Corp's earnings, one of the primary drivers of an investment's value.

Envela Corp Systematic Risk

Envela Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Envela Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Envela Corp correlated with the market. If Beta is less than 0 Envela Corp generally moves in the opposite direction as compared to the market. If Envela Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Envela Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Envela Corp is generally in the same direction as the market. If Beta > 1 Envela Corp moves generally in the same direction as, but more than the movement of the benchmark.

Envela Corp Thematic Clasifications

Envela Corp is part of Retail investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RetailView
This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Envela Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Envela Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Envela Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.36)

At present, Envela Corp's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Envela Corp December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Envela Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Envela Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Envela Corp based on widely used predictive technical indicators. In general, we focus on analyzing Envela Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Envela Corp's daily price indicators and compare them against related drivers.

Complementary Tools for Envela Stock analysis

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