Evolent Health Financials

EVH Stock  USD 11.25  0.34  2.93%   
Based on the key indicators obtained from Evolent Health's historical financial statements, Evolent Health is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. As of now, Evolent Health's Net Debt is increasing as compared to previous years. The Evolent Health's current Accounts Payable is estimated to increase to about 48.9 M, while Total Stockholder Equity is projected to decrease to under 706.1 M. Key indicators impacting Evolent Health's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.60.5683
Notably Up
Slightly volatile
Current Ratio1.991.014
Way Up
Very volatile
Investors should never underestimate Evolent Health'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 Evolent Health's cash flow, debt, and profitability to make informed and accurate decisions about investing in Evolent Health.

Cash And Equivalents

231.91 Million

  
Understanding current and past Evolent Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Evolent Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Evolent Health's assets may result in an increase in income on the income statement.

Evolent Health Stock Summary

Evolent Health competes with HealthStream, National Research, HealthEquity, Health Catalyst, and Definitive Healthcare. Evolent Health, Inc., a healthcare company, through its subsidiary, Evolent Health LLC, provides clinical and administrative solutions to payers and providers in the United States. The company was founded in 2011 and is headquartered in Arlington, Virginia. Evolent Health operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 3500 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS30050B1017
CUSIP30050B101
LocationVirginia; U.S.A
Business Address1812 N Moore
SectorHealth Care Technology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.evolent.com
Phone571 389 6000
CurrencyUSD - US Dollar

Evolent Health Key Financial Ratios

Evolent Health Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.4B1.8B2.7B2.8B
Other Current Liab129.2M319.9M323.3M356.3M600.5M630.6M
Net Debt267.8M19.3M14.2M287.9M452.0M474.6M
Retained Earnings(252.0M)(589.2M)(626.8M)(606.2M)(719.2M)(683.2M)
Accounts Payable37.5M32.0M96.1M57.2M48.2M48.9M
Cash101.0M340.5M266.3M188.2M192.8M176.4M
Other Assets92.0M186.5M52.4M32.3M33.0M60.4M
Net Receivables77.4M124.4M130.6M254.7M446.7M469.1M
Other Current Assets200.5M104.6M127.1M35.2M44.1M73.6M
Total Liab569.0M750.6M725.8M957.9M1.6B1.7B
Total Current Assets228.8M546.1M524.0M478.1M683.7M354.3M
Intangible Assets308.5M268.1M279.8M442.8M752.0M789.6M
Other Liab13.7M455.2M6.9M55.4M63.8M71.7M
Inventory78.5M(150.1M)(445.1M)(308.2M)(415.9M)1.05
Short Term Debt6.3M41.3M14.1M14.2M19.5M18.5M
Net Tangible Assets41.8M(3.2M)(12.4M)(306.1M)(275.5M)(261.8M)
Long Term Debt293.7M263.3M215.7M413.0M597.0M626.9M
Good Will572.1M354.7M426.3M722.8M1.1B707.6M
Common Stock846K859K908K1.0M1.2M839.2K

Evolent Health Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue846.4M1.0B908.0M1.4B2.0B2.1B
Gross Profit333.3M321.1M250.4M316.6M460.5M483.5M
Operating Income(120.4M)(37.9M)30.2M(59.8M)(71.2M)(74.8M)
Ebit(120.4M)(302.2M)(4.4M)(46.5M)(148.2M)(155.6M)
Ebitda(65.5M)(241.4M)55.7M43.7M(24.8M)(26.0M)
Cost Of Revenue513.1M701.4M657.6M1.0B1.5B1.6B
Income Before Tax(327.1M)(337.8M)(29.8M)(62.1M)(202.4M)(192.3M)
Net Income(305.6M)(334.2M)(30.3M)(18.7M)(113.0M)(107.4M)
Income Tax Expense(21.5M)(3.6M)483K(43.4M)(89.4M)(84.9M)
Interest Expense14.5M28.3M25.4M15.6M54.2M56.9M
Research Development19.8M15.1M15.5M27M26.7M16.2M
Minority Interest(1.5M)(3.6M)2.0M(822K)(739.8K)(702.8K)
Tax Provision(21.5M)(3.6M)483K(43.4M)(89.4M)(84.9M)
Interest Income4.0M3.2M407K9.6M5.3M4.9M
Net Interest Income(10.5M)(25.2M)(25.0M)(14.2M)(48.9M)(46.5M)
Extraordinary Items1.6M3.6M(7.3M)(463K)(416.7K)(437.5K)

Evolent Health Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(259.8M)233.1M(6.6M)(139.8M)8.3M6.0M
Free Cash Flow(78.2M)(45.7M)13.8M(49.9M)113.8M119.5M
Depreciation60.9M61.5M60.0M67.2M123.4M129.6M
Other Non Cash Items209.2M298.4M13.8M10.5M101.1M106.1M
Capital Expenditures35.5M29.5M25.0M38.4M28.7M24.8M
Net Income(305.6M)(334.2M)(37.6M)(19.2M)(113.0M)(118.7M)
End Period Cash Flow128.5M361.6M354.9M215.2M223.5M217.3M
Change To Inventory(19.5M)47.0M(14.1M)(10.7M)(9.7M)(9.2M)
Investments(93.7M)(10.1M)54.2M36.5M(413.9M)(393.3M)
Net Borrowings(41.6M)13.5M(98.8M)219.7M197.8M207.7M
Change To Netincome187.9M277.8M17.0M(26.9M)(31.0M)(29.4M)

Evolent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Evolent Health's current stock value. Our valuation model uses many indicators to compare Evolent Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolent Health competition to find correlations between indicators driving Evolent Health's intrinsic value. More Info.
Evolent Health is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers . As of now, Evolent Health's Return On Equity is increasing as compared to previous years. 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 Evolent Health's earnings, one of the primary drivers of an investment's value.

Evolent Health Systematic Risk

Evolent Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolent Health 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Evolent Health correlated with the market. If Beta is less than 0 Evolent Health generally moves in the opposite direction as compared to the market. If Evolent Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolent Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolent Health is generally in the same direction as the market. If Beta > 1 Evolent Health moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Evolent Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Evolent Health'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 Evolent Health growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0572)

As of now, Evolent Health's Price Earnings To Growth Ratio is increasing as compared to previous years.

Evolent Health November 22, 2024 Opportunity Range

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

Complementary Tools for Evolent Stock analysis

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