Endava Common Stock Total Equity vs Total Assets Analysis
DAVA Stock | USD 28.99 0.32 1.12% |
Endava financial indicator trend analysis is much more than just examining Endava latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endava is a good investment. Please check the relationship between Endava Common Stock Total Equity and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.
Common Stock Total Equity vs Total Assets
Common Stock Total Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endava Common Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Endava's Common Stock Total Equity and Total Assets is 0.59. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Endava, assuming nothing else is changed. The correlation between historical values of Endava's Common Stock Total Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Endava are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Total Equity i.e., Endava's Common Stock Total Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Assets
Total assets refers to the total amount of Endava assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Endava books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Endava's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endava 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.The current year's Selling General Administrative is expected to grow to about 167.5 M, whereas Tax Provision is forecasted to decline to about 9.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 217.9M | 264.1M | 179.7M | 124.6M | Total Revenue | 654.8M | 794.7M | 740.8M | 396.1M |
Endava fundamental ratios Correlations
Click cells to compare fundamentals
Endava Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endava fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 360.9M | 473.2M | 621.9M | 770.1M | 1.0B | 1.1B | |
Other Current Liab | 3.5M | 74.1M | 100.4M | 88.8M | 95.3M | 100.1M | |
Total Current Liabilities | 76.4M | 102.8M | 128.4M | 120.6M | 153.9M | 87.8M | |
Total Stockholder Equity | 236.3M | 300.7M | 432.7M | 571.3M | 639.5M | 671.4M | |
Other Liab | 6.0M | 19.6M | 16.7M | 23.8M | 27.4M | 28.7M | |
Net Tangible Assets | 140.7M | 106.7M | 230.6M | 264.3M | 303.9M | 319.1M | |
Retained Earnings | 214.6M | 283.1M | 398.1M | 522.9M | 573.6M | 602.3M | |
Accounts Payable | 58.6M | 7.0M | 8.2M | 5.5M | 11.0M | 19.0M | |
Cash | 101.3M | 69.9M | 162.8M | 164.7M | 62.4M | 73.0M | |
Other Assets | 14.0M | 19.0M | 19.5M | 25.4M | 29.2M | 30.7M | |
Net Receivables | 85.5M | 113.1M | 132.0M | 172.3M | 193.6M | 203.3M | |
Good Will | 56.9M | 124.4M | 145.9M | 240.8M | 515.7M | 541.5M | |
Short Term Investments | 584K | 563K | 392K | 56K | 183K | 177.8K | |
Other Current Assets | 2.9M | 6.2M | 8.9M | 11.1M | 11.5M | 6.8M | |
Other Stockholder Equity | (1.1M) | (4.1M) | 9.0M | 14.6M | 21.3M | 22.3M | |
Total Liab | 124.6M | 172.5M | 189.1M | 198.8M | 374.4M | 393.2M | |
Long Term Investments | 639K | 363K | 2.3M | 5.2M | 10.5M | 11.0M | |
Total Current Assets | 187.4M | 189.7M | 328.2M | 346.7M | 267.6M | 175.0M | |
Accumulated Other Comprehensive Income | 21.7M | 16.4M | 24.5M | 32.6M | 43.4M | 45.6M | |
Short Term Debt | 11.1M | 13.5M | 11.9M | 14.6M | 14.5M | 13.1M | |
Intangible Assets | 38.8M | 69.6M | 56.2M | 66.2M | 127.8M | 134.2M | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.2M | 1.2M | 926.2K | |
Property Plant Equipment | 63.9M | 70.5M | 72.1M | 91.0M | 104.7M | 109.9M | |
Non Current Assets Total | 173.5M | 283.5M | 293.7M | 423.5M | 746.3M | 783.6M | |
Cash And Short Term Investments | 101.9M | 70.4M | 163.2M | 164.8M | 62.5M | 75.3M | |
Liabilities And Stockholders Equity | 360.9M | 473.2M | 621.9M | 770.1M | 1.0B | 1.1B | |
Non Current Liabilities Total | 48.2M | 69.7M | 60.7M | 78.2M | 220.6M | 231.6M | |
Capital Lease Obligations | 53.4M | 63.7M | 55.9M | 69.0M | 58.0M | 33.0M | |
Property Plant And Equipment Gross | 63.9M | 70.5M | 72.1M | 91.0M | 103.3M | 108.5M | |
Non Current Liabilities Other | 136K | 205K | 4.8M | 4.3M | 509K | 483.6K | |
Short Long Term Debt Total | 53.4M | 63.7M | 55.9M | 69.0M | 202.8M | 212.9M | |
Property Plant And Equipment Net | 63.9M | 70.5M | 72.1M | 91.0M | 73.9M | 49.2M | |
Current Deferred Revenue | 3.2M | 3.9M | 4.4M | 7.2M | 6.1M | 4.3M |
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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.When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endava. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Endava. If investors know Endava will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Endava listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.15 | Revenue Per Share 12.702 | Quarterly Revenue Growth 0.024 | Return On Equity 0.0283 |
The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Endava's market value can be influenced by many factors that don't directly affect Endava's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.