EVS Tax Provision vs Gross Profit 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 Tax Provision and its Gross Profit 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.

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVS Broadcast Equipment Tax Provision account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between EVS Broadcast's Tax Provision and Gross Profit is -0.1. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit 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 Tax Provision and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of EVS Broadcast Equipment are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Tax Provision i.e., EVS Broadcast's Tax Provision and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EVS Broadcast Equipment minus its cost of goods sold. It is profit before EVS Broadcast operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Expense	893K	912K	920K	566.4K
Depreciation And Amortization	7.0M	6.7M	8.0M	8.4M

Interest Expense Depreciation And Amortization

EVS Broadcast fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Accounts Payable	Short Term Investments	Short Term Debt	Good Will
Total Assets		0.33	0.83	0.83	0.89	-0.63	0.83	0.96	-0.42	0.83	0.66	0.04	-0.01	0.68	-0.34	-0.48	0.58	0.99	0.53	-0.5	0.41	0.22	0.66	-0.44	0.57	0.81
Other Current Liab	0.33		0.64	0.08	0.29	0.28	-0.11	0.38	0.27	-0.1	0.32	0.3	0.16	0.23	0.04	-0.11	0.53	0.29	0.25	-0.23	0.27	0.35	0.28	0.25	0.08	0.32
Total Current Liabilities	0.83	0.64		0.55	0.82	-0.28	0.58	0.87	0.0	0.59	0.54	0.09	0.17	0.51	-0.38	-0.22	0.81	0.78	0.36	-0.59	0.59	0.49	0.5	0.01	0.56	0.61
Total Stockholder Equity	0.83	0.08	0.55		0.65	-0.74	0.76	0.72	-0.53	0.75	0.87	-0.48	-0.21	0.9	-0.15	-0.69	0.3	0.85	0.79	-0.48	0.16	0.07	0.61	-0.57	0.38	0.75
Property Plant And Equipment Net	0.89	0.29	0.82	0.65		-0.43	0.76	0.96	-0.34	0.77	0.47	0.07	0.23	0.45	-0.46	-0.28	0.71	0.81	0.24	-0.54	0.69	0.51	0.35	-0.3	0.82	0.62
Net Debt	-0.63	0.28	-0.28	-0.74	-0.43		-0.89	-0.45	0.72	-0.88	-0.37	0.26	0.5	-0.47	0.22	0.45	0.09	-0.7	-0.36	0.27	0.2	0.09	-0.38	0.54	-0.22	-0.44
Cash	0.83	-0.11	0.58	0.76	0.76	-0.89		0.75	-0.62	1.0	0.39	-0.09	-0.17	0.46	-0.4	-0.39	0.31	0.85	0.28	-0.4	0.23	0.22	0.38	-0.47	0.58	0.54
Non Current Assets Total	0.96	0.38	0.87	0.72	0.96	-0.45	0.75		-0.31	0.75	0.58	0.08	0.19	0.59	-0.4	-0.39	0.72	0.9	0.42	-0.52	0.62	0.4	0.53	-0.34	0.7	0.78
Non Currrent Assets Other	-0.42	0.27	0.0	-0.53	-0.34	0.72	-0.62	-0.31		-0.6	-0.22	0.12	0.25	-0.27	0.21	0.48	0.15	-0.47	-0.25	-0.13	0.17	0.05	-0.19	0.79	-0.15	-0.41
Cash And Short Term Investments	0.83	-0.1	0.59	0.75	0.77	-0.88	1.0	0.75	-0.6		0.39	-0.09	-0.15	0.45	-0.41	-0.38	0.33	0.84	0.27	-0.4	0.25	0.24	0.37	-0.45	0.59	0.54
Net Receivables	0.66	0.32	0.54	0.87	0.47	-0.37	0.39	0.58	-0.22	0.39		-0.53	-0.09	0.94	-0.04	-0.6	0.37	0.68	0.9	-0.47	0.2	0.01	0.64	-0.4	0.21	0.69
Common Stock Shares Outstanding	0.04	0.3	0.09	-0.48	0.07	0.26	-0.09	0.08	0.12	-0.09	-0.53		0.18	-0.54	-0.09	0.33	0.1	0.01	-0.54	0.27	0.08	-0.03	0.0	0.11	0.05	-0.06
Non Current Liabilities Total	-0.01	0.16	0.17	-0.21	0.23	0.5	-0.17	0.19	0.25	-0.15	-0.09	0.18		-0.17	-0.08	0.03	0.72	-0.12	-0.1	0.34	0.8	0.53	-0.1	0.04	0.39	0.12
Inventory	0.68	0.23	0.51	0.9	0.45	-0.47	0.46	0.59	-0.27	0.45	0.94	-0.54	-0.17		0.02	-0.74	0.3	0.71	0.93	-0.52	0.11	-0.02	0.74	-0.37	0.1	0.78
Other Current Assets	-0.34	0.04	-0.38	-0.15	-0.46	0.22	-0.4	-0.4	0.21	-0.41	-0.04	-0.09	-0.08	0.02		-0.09	-0.31	-0.29	0.15	0.26	-0.34	-0.31	0.11	0.05	-0.44	-0.19
Other Stockholder Equity	-0.48	-0.11	-0.22	-0.69	-0.28	0.45	-0.39	-0.39	0.48	-0.38	-0.6	0.33	0.03	-0.74	-0.09		-0.17	-0.51	-0.73	0.09	-0.02	-0.06	-0.58	0.53	-0.03	-0.71
Total Liab	0.58	0.53	0.81	0.3	0.71	0.09	0.31	0.72	0.15	0.33	0.37	0.1	0.72	0.3	-0.31	-0.17		0.48	0.24	-0.23	0.9	0.67	0.29	0.02	0.63	0.51
Total Current Assets	0.99	0.29	0.78	0.85	0.81	-0.7	0.85	0.9	-0.47	0.84	0.68	0.01	-0.12	0.71	-0.29	-0.51	0.48		0.57	-0.47	0.28	0.11	0.71	-0.48	0.48	0.81
Intangible Assets	0.53	0.25	0.36	0.79	0.24	-0.36	0.28	0.42	-0.25	0.27	0.9	-0.54	-0.1	0.93	0.15	-0.73	0.24	0.57		-0.23	0.0	-0.1	0.69	-0.44	-0.08	0.76
Common Stock	-0.5	-0.23	-0.59	-0.48	-0.54	0.27	-0.4	-0.52	-0.13	-0.4	-0.47	0.27	0.34	-0.52	0.26	0.09	-0.23	-0.47	-0.23		-0.23	-0.25	-0.23	-0.28	-0.37	-0.22
Short Long Term Debt Total	0.41	0.27	0.59	0.16	0.69	0.2	0.23	0.62	0.17	0.25	0.2	0.08	0.8	0.11	-0.34	-0.02	0.9	0.28	0.0	-0.23		0.72	0.0	0.05	0.8	0.28
Current Deferred Revenue	0.22	0.35	0.49	0.07	0.51	0.09	0.22	0.4	0.05	0.24	0.01	-0.03	0.53	-0.02	-0.31	-0.06	0.67	0.11	-0.1	-0.25	0.72		-0.33	0.29	0.64	0.04
Accounts Payable	0.66	0.28	0.5	0.61	0.35	-0.38	0.38	0.53	-0.19	0.37	0.64	0.0	-0.1	0.74	0.11	-0.58	0.29	0.71	0.69	-0.23	0.0	-0.33		-0.4	-0.11	0.79
Short Term Investments	-0.44	0.25	0.01	-0.57	-0.3	0.54	-0.47	-0.34	0.79	-0.45	-0.4	0.11	0.04	-0.37	0.05	0.53	0.02	-0.48	-0.44	-0.28	0.05	0.29	-0.4		-0.18	-0.53
Short Term Debt	0.57	0.08	0.56	0.38	0.82	-0.22	0.58	0.7	-0.15	0.59	0.21	0.05	0.39	0.1	-0.44	-0.03	0.63	0.48	-0.08	-0.37	0.8	0.64	-0.11	-0.18		0.19
Good Will	0.81	0.32	0.61	0.75	0.62	-0.44	0.54	0.78	-0.41	0.54	0.69	-0.06	0.12	0.78	-0.19	-0.71	0.51	0.81	0.76	-0.22	0.28	0.04	0.79	-0.53	0.19

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EVS Broadcast Account Relationship Matchups

EVS Broadcast fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	183.0M	190.0M	220.2M	233.2M	251.6M	131.6M
Other Current Liab	17.0M	15.6M	13.9M	19.9M	22.6M	13.7M
Total Current Liabilities	32.9M	33.6M	41.0M	44.1M	47.9M	28.2M
Total Stockholder Equity	141.8M	140.5M	162.3M	175.8M	191.3M	200.9M
Property Plant And Equipment Net	53.7M	56.7M	57.0M	55.2M	55.1M	33.0M
Net Debt	(46.2M)	(35.7M)	(54.9M)	(33.8M)	(36.6M)	(38.4M)
Cash	59.0M	52.7M	72.1M	49.1M	50.9M	37.2M
Non Current Assets Total	64.3M	78.0M	76.6M	82.0M	85.0M	45.3M
Non Currrent Assets Other	1.2M	663K	2.6M	3.8M	6.9M	5.0M
Cash And Short Term Investments	59.0M	52.7M	72.3M	49.2M	51.2M	37.4M
Net Receivables	36.6M	34.0M	42.8M	66.8M	70.5M	74.0M
Liabilities And Stockholders Equity	183.0M	190.0M	220.2M	233.2M	251.6M	134.5M
Non Current Liabilities Total	8.4M	15.9M	16.9M	13.3M	12.3M	9.9M
Inventory	16.8M	22.6M	26.0M	28.8M	33.0M	34.7M
Other Current Assets	6.3M	3.4M	2.6M	6.5M	11.8M	12.4M
Other Stockholder Equity	(142.1M)	(167.1M)	(188.3M)	(17.4M)	(216.1M)	(205.3M)
Total Liab	41.3M	49.5M	57.9M	57.4M	60.3M	41.8M
Total Current Assets	118.7M	112.6M	143.6M	151.2M	166.6M	86.3M
Intangible Assets	173K	7.0M	6.1M	13.2M	16.0M	16.8M
Short Long Term Debt Total	12.8M	17.0M	17.3M	15.3M	14.3M	11.0M
Current Deferred Revenue	21.3M	23.1M	10.3M	9.3M	9.3M	14.0M
Accounts Payable	4.9M	5.8M	10.5M	9.2M	10.7M	6.2M
Short Term Investments	238K	120K	201K	174K	244K	449.8K
Short Term Debt	6.7M	4.7M	3.7M	3.8M	3.9M	3.0M
Accumulated Other Comprehensive Income	142.9M	149.6M	171.3M	184.5M	199.7M	209.7M
Retained Earnings	132.2M	149.3M	170.6M	183.4M	198.9M	114.5M
Other Assets	7.9M	(542K)	8.7M	8.8M	1.0	0.95
Other Liab	1.7M	2.7M	1.5M	1.8M	2.0M	2.0M
Net Tangible Assets	140.5M	130.6M	153.4M	159.7M	183.7M	151.8M
Property Plant Equipment	53.7M	56.7M	57.0M	55.2M	63.5M	58.5M

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EVS Tax Provision vs Gross Profit Analysis

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

Correlation Coefficient

Tax Provision

Gross Profit

EVS Broadcast fundamental ratios Correlations

EVS Broadcast Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EVS Broadcast fundamental ratios Accounts

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Additional Tools for EVS Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Inventory	+ 0.94	Net Receivables
Intangible Assets	+ 0.93	Inventory

Cash	- 0.89	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Other Stockholder Equity	- 0.74	Inventory
Net Debt	- 0.74	Total Stockholder Equity
Intangible Assets	- 0.73	Other Stockholder Equity
Good Will	- 0.71	Other Stockholder Equity