Everjoy Short Term Investments vs Cash Analysis

002162 Stock

3.55 0.05 1.43%

Everjoy Health financial indicator trend analysis is much more than just examining Everjoy Health Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everjoy Health Group is a good investment. Please check the relationship between Everjoy Health Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everjoy Health Group Short Term Investments account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Everjoy Health's Short Term Investments and Cash is -0.79. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Everjoy Health Group, assuming nothing else is changed. The correlation between historical values of Everjoy Health's Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Everjoy Health Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., Everjoy Health's Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Everjoy Health balance sheet. It contains any investments Everjoy Health Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Everjoy Health Group can easily liquidate in the marketplace.

Cash

Cash refers to the most liquid asset of Everjoy Health Group, which is listed under current asset account on Everjoy Health Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Everjoy Health customers. The amounts must be unrestricted with restricted cash listed in a different Everjoy Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Everjoy Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everjoy Health Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everjoy Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 265 M, whereas Tax Provision is projected to grow to (8.2 M).

	2021	2022	2023	2024 (projected)
Gross Profit	339.8M	251.0M	286.9M	336.8M
Research Development	13.5M	11.7M	10.2M	11.4M

Gross Profit Research Development

Everjoy Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.02	0.45	0.89	0.65	-0.28	0.81	0.77	0.78	0.47	0.83	-0.93	-0.21	0.33	0.87	0.32	0.74	-0.26	0.58	0.62	0.64	0.66	0.43	0.61	0.55	0.58
Other Current Liab	0.02		0.64	-0.32	-0.56	0.09	0.1	-0.29	-0.33	-0.27	0.02	0.04	0.48	-0.51	0.38	-0.37	-0.47	0.55	-0.21	-0.37	-0.45	-0.3	-0.41	-0.15	-0.55	-0.33
Total Current Liabilities	0.45	0.64		0.05	-0.17	-0.45	0.33	-0.04	0.17	-0.33	0.29	-0.46	0.38	-0.15	0.78	-0.17	-0.05	0.53	-0.16	-0.19	-0.25	-0.21	-0.1	-0.1	-0.17	-0.17
Total Stockholder Equity	0.89	-0.32	0.05		0.82	-0.04	0.69	0.82	0.79	0.54	0.82	-0.79	-0.36	0.4	0.56	0.53	0.86	-0.53	0.71	0.78	0.77	0.78	0.61	0.71	0.73	0.72
Other Liab	0.65	-0.56	-0.17	0.82		-0.08	0.48	0.73	0.78	0.42	0.47	-0.61	-0.6	0.38	0.31	0.53	0.97	-0.75	0.62	0.66	0.81	0.72	0.72	0.5	0.86	0.57
Retained Earnings	-0.28	0.09	-0.45	-0.04	-0.08		-0.31	-0.23	-0.41	-0.09	-0.02	0.45	0.24	-0.42	-0.49	0.3	-0.16	-0.19	0.31	-0.03	-0.14	0.1	0.08	0.11	-0.09	0.05
Accounts Payable	0.81	0.1	0.33	0.69	0.48	-0.31		0.81	0.66	0.53	0.83	-0.83	-0.45	0.42	0.74	0.04	0.56	-0.34	0.34	0.72	0.67	0.6	0.06	0.77	0.33	0.47
Cash	0.77	-0.29	-0.04	0.82	0.73	-0.23	0.81		0.7	0.69	0.72	-0.79	-0.6	0.57	0.52	0.09	0.79	-0.53	0.51	0.9	0.87	0.78	0.32	0.81	0.59	0.66
Other Assets	0.78	-0.33	0.17	0.79	0.78	-0.41	0.66	0.7		0.37	0.59	-0.76	-0.63	0.55	0.58	0.42	0.78	-0.61	0.54	0.69	0.79	0.69	0.53	0.57	0.73	0.69
Long Term Debt	0.47	-0.27	-0.33	0.54	0.42	-0.09	0.53	0.69	0.37		0.37	-0.51	-0.34	0.52	0.26	0.0	0.46	-0.35	0.6	0.56	0.75	0.77	0.12	0.59	0.33	0.58
Net Receivables	0.83	0.02	0.29	0.82	0.47	-0.02	0.83	0.72	0.59	0.37		-0.73	-0.22	0.23	0.64	0.36	0.54	-0.31	0.44	0.72	0.51	0.54	0.21	0.78	0.35	0.56
Short Term Investments	-0.93	0.04	-0.46	-0.79	-0.61	0.45	-0.83	-0.79	-0.76	-0.51	-0.73		0.25	-0.49	-0.86	-0.1	-0.71	0.2	-0.51	-0.62	-0.68	-0.65	-0.38	-0.6	-0.54	-0.54
Inventory	-0.21	0.48	0.38	-0.36	-0.6	0.24	-0.45	-0.6	-0.63	-0.34	-0.22	0.25		-0.51	0.02	-0.09	-0.55	0.8	-0.16	-0.68	-0.71	-0.47	-0.21	-0.51	-0.53	-0.44
Other Current Assets	0.33	-0.51	-0.15	0.4	0.38	-0.42	0.42	0.57	0.55	0.52	0.23	-0.49	-0.51		0.17	-0.2	0.37	-0.23	0.29	0.64	0.62	0.5	0.05	0.52	0.36	0.56
Total Liab	0.87	0.38	0.78	0.56	0.31	-0.49	0.74	0.52	0.58	0.26	0.64	-0.86	0.02	0.17		0.02	0.44	0.12	0.29	0.3	0.34	0.36	0.15	0.35	0.21	0.28
Intangible Assets	0.32	-0.37	-0.17	0.53	0.53	0.3	0.04	0.09	0.42	0.0	0.36	-0.1	-0.09	-0.2	0.02		0.45	-0.56	0.43	0.14	0.23	0.29	0.53	0.11	0.43	0.26
Common Stock	0.74	-0.47	-0.05	0.86	0.97	-0.16	0.56	0.79	0.78	0.46	0.54	-0.71	-0.55	0.37	0.44	0.45		-0.66	0.6	0.69	0.82	0.71	0.74	0.49	0.88	0.52
Property Plant Equipment	-0.26	0.55	0.53	-0.53	-0.75	-0.19	-0.34	-0.53	-0.61	-0.35	-0.31	0.2	0.8	-0.23	0.12	-0.56	-0.66		-0.5	-0.62	-0.75	-0.65	-0.48	-0.53	-0.67	-0.53
Good Will	0.58	-0.21	-0.16	0.71	0.62	0.31	0.34	0.51	0.54	0.6	0.44	-0.51	-0.16	0.29	0.29	0.43	0.6	-0.5		0.54	0.72	0.89	0.58	0.59	0.6	0.8
Net Tangible Assets	0.62	-0.37	-0.19	0.78	0.66	-0.03	0.72	0.9	0.69	0.56	0.72	-0.62	-0.68	0.64	0.3	0.14	0.69	-0.62	0.54		0.85	0.77	0.31	0.89	0.6	0.76
Other Stockholder Equity	0.64	-0.45	-0.25	0.77	0.81	-0.14	0.67	0.87	0.79	0.75	0.51	-0.68	-0.71	0.62	0.34	0.23	0.82	-0.75	0.72	0.85		0.92	0.48	0.75	0.75	0.76
Deferred Long Term Liab	0.66	-0.3	-0.21	0.78	0.72	0.1	0.6	0.78	0.69	0.77	0.54	-0.65	-0.47	0.5	0.36	0.29	0.71	-0.65	0.89	0.77	0.92		0.44	0.78	0.62	0.83
Short Long Term Debt	0.43	-0.41	-0.1	0.61	0.72	0.08	0.06	0.32	0.53	0.12	0.21	-0.38	-0.21	0.05	0.15	0.53	0.74	-0.48	0.58	0.31	0.48	0.44		0.15	0.92	0.43
Total Current Assets	0.61	-0.15	-0.1	0.71	0.5	0.11	0.77	0.81	0.57	0.59	0.78	-0.6	-0.51	0.52	0.35	0.11	0.49	-0.53	0.59	0.89	0.75	0.78	0.15		0.39	0.82
Short Term Debt	0.55	-0.55	-0.17	0.73	0.86	-0.09	0.33	0.59	0.73	0.33	0.35	-0.54	-0.53	0.36	0.21	0.43	0.88	-0.67	0.6	0.6	0.75	0.62	0.92	0.39		0.58
Non Current Assets Total	0.58	-0.33	-0.17	0.72	0.57	0.05	0.47	0.66	0.69	0.58	0.56	-0.54	-0.44	0.56	0.28	0.26	0.52	-0.53	0.8	0.76	0.76	0.83	0.43	0.82	0.58

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Everjoy Health Account Relationship Matchups

Everjoy Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.5B	2.7B	2.5B	2.4B	2.1B
Other Current Liab	121.6M	180.3M	148.3M	139.7M	8.9M	8.5M
Total Current Liabilities	936.9M	1.1B	973.9M	954.0M	845.0M	943.8M
Total Stockholder Equity	977.7M	1.0B	1.3B	1.0B	992.5M	887.7M
Other Liab	144.6M	148.6M	151.7M	160.5M	184.6M	98.6M
Retained Earnings	(75.7M)	(18.5M)	27.6M	(250.8M)	(273.4M)	(259.8M)
Accounts Payable	256.1M	392.3M	371.9M	394.8M	402.9M	260.9M
Cash	237.8M	224.5M	346.9M	336.4M	346.9M	210.4M
Other Assets	794.1M	815.8M	846.8M	927.0M	1.1B	1.1B
Long Term Debt	266.3M	247.1M	228.8M	303.8M	312.8M	190.5M
Net Receivables	188.5M	272.1M	372.8M	258.6M	218.6M	190.5M
Inventory	360.5M	334.9M	320.1M	237.7M	195.1M	269.9M
Other Current Assets	23.5M	26.2M	28.9M	22.3M	46.3M	48.6M
Total Liab	1.3B	1.5B	1.4B	1.5B	1.3B	1.2B
Intangible Assets	69.9M	66.2M	65.4M	43.6M	33.2M	43.5M
Property Plant Equipment	532.1M	495.7M	542.2M	437.7M	394.0M	558.3M
Net Tangible Assets	840.0M	907.6M	1.2B	944.1M	1.1B	957.0M
Other Stockholder Equity	128.2M	128.2M	129.0M	135.1M	155.4M	125.5M
Deferred Long Term Liab	28.3M	27.0M	28.1M	22.3M	25.7M	20.9M
Short Long Term Debt	505.6M	410.2M	399.1M	339.8M	202.4M	326.4M
Total Current Assets	823.0M	961.2M	1.1B	942.7M	887.3M	917.1M
Non Current Assets Total	1.5B	1.5B	1.6B	1.5B	1.5B	1.7B
Non Currrent Assets Other	8.5M	6.7M	2.7M	51.3M	26.5M	20.3M
Non Current Liabilities Total	410.9M	395.7M	447.4M	519.3M	500.2M	427.0M
Non Current Liabilities Other	52.0M	282.9M	266.3M	3.8M	3.0M	2.8M
Net Debt	534.1M	432.8M	281.0M	307.2M	168.2M	320.8M
Net Invested Capital	1.7B	1.7B	1.9B	1.6B	1.5B	1.3B
Net Working Capital	(113.9M)	(98.3M)	94.8M	(11.3M)	42.3M	44.4M

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Other Information on Investing in Everjoy Stock

Balance Sheet is a snapshot of the financial position of Everjoy Health Group at a specified time, usually calculated after every quarter, six months, or one year. Everjoy Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everjoy Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Everjoy currently owns. An asset can also be divided into two categories, current and non-current.

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Everjoy Short Term Investments vs Cash Analysis

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Short Term Investments

Cash

Everjoy Health fundamental ratios Correlations

Everjoy Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Everjoy Health fundamental ratios Accounts

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Other Information on Investing in Everjoy Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.97	Other Liab
Deferred Long Term Liab	+ 0.92	Other Stockholder Equity
Short Term Debt	+ 0.92	Short Long Term Debt
Net Tangible Assets	+ 0.9	Cash
Total Stockholder Equity	+ 0.89	Total Assets
Deferred Long Term Liab	+ 0.89	Good Will

Short Term Investments	- 0.93	Total Assets
Total Liab	- 0.86	Short Term Investments
Short Term Investments	- 0.83	Accounts Payable
Short Term Investments	- 0.79	Cash
Short Term Investments	- 0.79	Total Stockholder Equity
Short Term Investments	- 0.76	Other Assets