EVS Inventory vs Total Current Liabilities 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 Inventory and its Total Current Liabilities 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVS Broadcast Equipment Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EVS Broadcast's Inventory and Total Current Liabilities is 0.51. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities 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 Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of EVS Broadcast Equipment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., EVS Broadcast's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Total Current Liabilities

Total Current Liabilities is an item on EVS Broadcast balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of EVS Broadcast Equipment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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When running EVS Broadcast's price analysis, check to measure EVS Broadcast'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 EVS Broadcast is operating at the current time. Most of EVS Broadcast's value examination focuses on studying past and present price action to predict the probability of EVS Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVS Broadcast's price. Additionally, you may evaluate how the addition of EVS Broadcast to your portfolios can decrease your overall portfolio volatility.