EVS Cost Of Revenue vs Ebit Analysis

0N9Z Stock   28.55  0.15  0.52%   
EVS Broadcast financial indicator trend analysis is much more than just examining EVS Broadcast Equipment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVS Broadcast Equipment is a good investment. Please check the relationship between EVS Broadcast Cost Of Revenue and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EVS Broadcast Equipment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Ebit

Cost Of Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVS Broadcast Equipment Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between EVS Broadcast's Cost Of Revenue and Ebit is 0.33. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of EVS Broadcast Equipment, assuming nothing else is changed. The correlation between historical values of EVS Broadcast's Cost Of Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of EVS Broadcast Equipment are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., EVS Broadcast's Cost Of Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on EVS Broadcast Equipment income statement and represents the costs associated with goods and services EVS Broadcast provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit

Most indicators from EVS Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVS Broadcast Equipment 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 EVS Broadcast Equipment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 863.1 K in 2024. Tax Provision is likely to gain to about (2.4 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense893K912K920K566.4K
Depreciation And Amortization7.0M6.7M8.0M8.4M

EVS Broadcast fundamental ratios Correlations

0.330.830.830.89-0.630.830.96-0.420.830.660.04-0.010.68-0.34-0.480.580.990.53-0.50.410.220.66-0.440.570.81
0.330.640.080.290.28-0.110.380.27-0.10.320.30.160.230.04-0.110.530.290.25-0.230.270.350.280.250.080.32
0.830.640.550.82-0.280.580.870.00.590.540.090.170.51-0.38-0.220.810.780.36-0.590.590.490.50.010.560.61
0.830.080.550.65-0.740.760.72-0.530.750.87-0.48-0.210.9-0.15-0.690.30.850.79-0.480.160.070.61-0.570.380.75
0.890.290.820.65-0.430.760.96-0.340.770.470.070.230.45-0.46-0.280.710.810.24-0.540.690.510.35-0.30.820.62
-0.630.28-0.28-0.74-0.43-0.89-0.450.72-0.88-0.370.260.5-0.470.220.450.09-0.7-0.360.270.20.09-0.380.54-0.22-0.44
0.83-0.110.580.760.76-0.890.75-0.621.00.39-0.09-0.170.46-0.4-0.390.310.850.28-0.40.230.220.38-0.470.580.54
0.960.380.870.720.96-0.450.75-0.310.750.580.080.190.59-0.4-0.390.720.90.42-0.520.620.40.53-0.340.70.78
-0.420.270.0-0.53-0.340.72-0.62-0.31-0.6-0.220.120.25-0.270.210.480.15-0.47-0.25-0.130.170.05-0.190.79-0.15-0.41
0.83-0.10.590.750.77-0.881.00.75-0.60.39-0.09-0.150.45-0.41-0.380.330.840.27-0.40.250.240.37-0.450.590.54
0.660.320.540.870.47-0.370.390.58-0.220.39-0.53-0.090.94-0.04-0.60.370.680.9-0.470.20.010.64-0.40.210.69
0.040.30.09-0.480.070.26-0.090.080.12-0.09-0.530.18-0.54-0.090.330.10.01-0.540.270.08-0.030.00.110.05-0.06
-0.010.160.17-0.210.230.5-0.170.190.25-0.15-0.090.18-0.17-0.080.030.72-0.12-0.10.340.80.53-0.10.040.390.12
0.680.230.510.90.45-0.470.460.59-0.270.450.94-0.54-0.170.02-0.740.30.710.93-0.520.11-0.020.74-0.370.10.78
-0.340.04-0.38-0.15-0.460.22-0.4-0.40.21-0.41-0.04-0.09-0.080.02-0.09-0.31-0.290.150.26-0.34-0.310.110.05-0.44-0.19
-0.48-0.11-0.22-0.69-0.280.45-0.39-0.390.48-0.38-0.60.330.03-0.74-0.09-0.17-0.51-0.730.09-0.02-0.06-0.580.53-0.03-0.71
0.580.530.810.30.710.090.310.720.150.330.370.10.720.3-0.31-0.170.480.24-0.230.90.670.290.020.630.51
0.990.290.780.850.81-0.70.850.9-0.470.840.680.01-0.120.71-0.29-0.510.480.57-0.470.280.110.71-0.480.480.81
0.530.250.360.790.24-0.360.280.42-0.250.270.9-0.54-0.10.930.15-0.730.240.57-0.230.0-0.10.69-0.44-0.080.76
-0.5-0.23-0.59-0.48-0.540.27-0.4-0.52-0.13-0.4-0.470.270.34-0.520.260.09-0.23-0.47-0.23-0.23-0.25-0.23-0.28-0.37-0.22
0.410.270.590.160.690.20.230.620.170.250.20.080.80.11-0.34-0.020.90.280.0-0.230.720.00.050.80.28
0.220.350.490.070.510.090.220.40.050.240.01-0.030.53-0.02-0.31-0.060.670.11-0.1-0.250.72-0.330.290.640.04
0.660.280.50.610.35-0.380.380.53-0.190.370.640.0-0.10.740.11-0.580.290.710.69-0.230.0-0.33-0.4-0.110.79
-0.440.250.01-0.57-0.30.54-0.47-0.340.79-0.45-0.40.110.04-0.370.050.530.02-0.48-0.44-0.280.050.29-0.4-0.18-0.53
0.570.080.560.380.82-0.220.580.7-0.150.590.210.050.390.1-0.44-0.030.630.48-0.08-0.370.80.64-0.11-0.180.19
0.810.320.610.750.62-0.440.540.78-0.410.540.69-0.060.120.78-0.19-0.710.510.810.76-0.220.280.040.79-0.530.19
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EVS Broadcast Account Relationship Matchups

EVS Broadcast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets183.0M190.0M220.2M233.2M251.6M131.6M
Other Current Liab17.0M15.6M13.9M19.9M22.6M13.7M
Total Current Liabilities32.9M33.6M41.0M44.1M47.9M28.2M
Total Stockholder Equity141.8M140.5M162.3M175.8M191.3M200.9M
Property Plant And Equipment Net53.7M56.7M57.0M55.2M55.1M33.0M
Net Debt(46.2M)(35.7M)(54.9M)(33.8M)(36.6M)(38.4M)
Cash59.0M52.7M72.1M49.1M50.9M37.2M
Non Current Assets Total64.3M78.0M76.6M82.0M85.0M45.3M
Non Currrent Assets Other1.2M663K2.6M3.8M6.9M5.0M
Cash And Short Term Investments59.0M52.7M72.3M49.2M51.2M37.4M
Net Receivables36.6M34.0M42.8M66.8M70.5M74.0M
Liabilities And Stockholders Equity183.0M190.0M220.2M233.2M251.6M134.5M
Non Current Liabilities Total8.4M15.9M16.9M13.3M12.3M9.9M
Inventory16.8M22.6M26.0M28.8M33.0M34.7M
Other Current Assets6.3M3.4M2.6M6.5M11.8M12.4M
Other Stockholder Equity(142.1M)(167.1M)(188.3M)(17.4M)(216.1M)(205.3M)
Total Liab41.3M49.5M57.9M57.4M60.3M41.8M
Total Current Assets118.7M112.6M143.6M151.2M166.6M86.3M
Intangible Assets173K7.0M6.1M13.2M16.0M16.8M
Short Long Term Debt Total12.8M17.0M17.3M15.3M14.3M11.0M
Current Deferred Revenue21.3M23.1M10.3M9.3M9.3M14.0M
Accounts Payable4.9M5.8M10.5M9.2M10.7M6.2M
Short Term Investments238K120K201K174K244K449.8K
Short Term Debt6.7M4.7M3.7M3.8M3.9M3.0M
Accumulated Other Comprehensive Income142.9M149.6M171.3M184.5M199.7M209.7M
Retained Earnings132.2M149.3M170.6M183.4M198.9M114.5M
Other Assets7.9M(542K)8.7M8.8M1.00.95
Other Liab1.7M2.7M1.5M1.8M2.0M2.0M
Net Tangible Assets140.5M130.6M153.4M159.7M183.7M151.8M
Property Plant Equipment53.7M56.7M57.0M55.2M63.5M58.5M

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