EVS Property Plant And Equipment Net vs Short Term Investments Analysis

0N9Z Stock   29.40  0.70  2.44%   
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 Property Plant And Equipment Net and its Short Term Investments 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.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVS Broadcast Equipment Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EVS Broadcast's Property Plant And Equipment Net and Short Term Investments is -0.3. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of EVS Broadcast Equipment are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., EVS Broadcast's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

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