EVS Property Plant Equipment vs Depreciation And Amortization 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 Property Plant Equipment and its Depreciation And Amortization 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 Equipment vs Depreciation And Amortization

Property Plant Equipment vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVS Broadcast Equipment Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EVS Broadcast's Property Plant Equipment and Depreciation And Amortization is 0.94. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Equipment and Depreciation And Amortization 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 Equipment of EVS Broadcast Equipment are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., EVS Broadcast's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EVS Stock Analysis

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.