Everest Cost Of Revenue vs Extraordinary Items Analysis

EG Stock   385.15  8.28  2.20%   
Everest financial indicator trend analysis is much more than just examining Everest Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everest Group is a good investment. Please check the relationship between Everest Cost Of Revenue and its Extraordinary Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Cost Of Revenue vs Extraordinary Items

Cost Of Revenue vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everest Group Cost Of Revenue account and Extraordinary Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Everest's Cost Of Revenue and Extraordinary Items is 0.41. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Everest Group, assuming nothing else is changed. The correlation between historical values of Everest's Cost Of Revenue and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Everest Group are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Cost Of Revenue i.e., Everest's Cost Of Revenue and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Everest Group income statement and represents the costs associated with goods and services Everest provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Extraordinary Items

Most indicators from Everest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everest Group 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 Everest Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Everest's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Revenue11.3B12.0B14.6B15.3B
Interest Expense70.1M101M134M140.7M

Everest fundamental ratios Correlations

-0.71-0.68-0.84-0.780.87-0.64-0.570.120.0-0.51-0.71-0.65-0.56-0.280.56-0.44-0.48-0.3-0.69-0.59-0.44-0.87-0.79-0.350.93
-0.710.930.940.97-0.380.640.850.190.340.90.970.960.750.69-0.490.080.130.741.00.890.730.90.940.52-0.76
-0.680.930.960.9-0.350.440.630.390.50.730.860.830.770.76-0.30.060.130.750.90.70.630.820.920.22-0.78
-0.840.940.960.94-0.560.550.70.240.380.740.90.860.780.64-0.410.220.280.640.930.760.680.910.950.34-0.9
-0.780.970.90.94-0.430.60.780.210.350.840.970.920.710.72-0.440.040.10.750.960.870.720.940.940.48-0.77
0.87-0.38-0.35-0.56-0.43-0.6-0.380.430.32-0.18-0.35-0.37-0.410.20.61-0.77-0.780.2-0.4-0.28-0.21-0.59-0.53-0.270.85
-0.640.640.440.550.6-0.60.79-0.62-0.50.610.630.710.4-0.03-0.980.470.480.110.670.650.390.650.690.77-0.6
-0.570.850.630.70.78-0.380.79-0.2-0.020.90.850.920.580.36-0.670.20.230.460.870.950.610.770.730.67-0.58
0.120.190.390.240.210.43-0.62-0.20.980.110.160.050.240.760.75-0.55-0.510.630.140.040.220.070.09-0.470.02
0.00.340.50.380.350.32-0.5-0.020.980.250.310.220.360.810.65-0.48-0.430.680.30.210.340.210.22-0.38-0.12
-0.510.90.730.740.84-0.180.610.90.110.250.910.880.590.65-0.46-0.07-0.020.760.890.930.670.810.720.6-0.5
-0.710.970.860.90.97-0.350.630.850.160.310.910.950.670.71-0.460.010.070.760.960.940.750.910.880.54-0.7
-0.650.960.830.860.92-0.370.710.920.050.220.880.950.690.59-0.560.110.160.650.960.940.70.850.890.55-0.69
-0.560.750.770.780.71-0.410.40.580.240.360.590.670.690.48-0.290.250.30.460.750.580.840.670.750.28-0.74
-0.280.690.760.640.720.2-0.030.360.760.810.650.710.590.480.21-0.55-0.490.980.640.60.550.570.560.05-0.29
0.56-0.49-0.3-0.41-0.440.61-0.98-0.670.750.65-0.46-0.46-0.56-0.290.21-0.53-0.530.06-0.52-0.49-0.24-0.51-0.57-0.720.51
-0.440.080.060.220.04-0.770.470.2-0.55-0.48-0.070.010.110.25-0.55-0.531.0-0.550.12-0.020.00.140.220.1-0.55
-0.480.130.130.280.1-0.780.480.23-0.51-0.43-0.020.070.160.3-0.49-0.531.0-0.490.170.030.040.190.270.1-0.59
-0.30.740.750.640.750.20.110.460.630.680.760.760.650.460.980.06-0.55-0.490.690.670.570.620.590.2-0.28
-0.691.00.90.930.96-0.40.670.870.140.30.890.960.960.750.64-0.520.120.170.690.90.740.890.940.56-0.76
-0.590.890.70.760.87-0.280.650.950.040.210.930.940.940.580.6-0.49-0.020.030.670.90.680.830.750.58-0.55
-0.440.730.630.680.72-0.210.390.610.220.340.670.750.70.840.55-0.240.00.040.570.740.680.620.640.53-0.54
-0.870.90.820.910.94-0.590.650.770.070.210.810.910.850.670.57-0.510.140.190.620.890.830.620.870.51-0.82
-0.790.940.920.950.94-0.530.690.730.090.220.720.880.890.750.56-0.570.220.270.590.940.750.640.870.46-0.85
-0.350.520.220.340.48-0.270.770.67-0.47-0.380.60.540.550.280.05-0.720.10.10.20.560.580.530.510.46-0.29
0.93-0.76-0.78-0.9-0.770.85-0.6-0.580.02-0.12-0.5-0.7-0.69-0.74-0.290.51-0.55-0.59-0.28-0.76-0.55-0.54-0.82-0.85-0.29
Click cells to compare fundamentals

Everest Account Relationship Matchups

Everest fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.4M39.7M39.3M39M41.3M39.9M
Total Assets27.3B32.8B38.2B40.0B46.4B48.7B
Total Stockholder Equity9.1B9.7B10.1B8.4B13.2B13.9B
Retained Earnings10.3B10.6B11.7B12.0B14.3B15.0B
Net Receivables4.3B4.7B5.3B6.3B7.9B8.3B
Liabilities And Stockholders Equity27.3B32.8B38.2B40.0B46.4B48.7B
Other Stockholder Equity(1.2B)(1.4B)(1.6B)(1.6B)(135M)(128.3M)
Total Current Assets22.4B26.7B30.3B31.0B10.8B11.3B
Short Long Term Debt Total1.0B2.0B5.4B4.9B3.5B3.7B
Other Current Liab(688.7M)(691.5M)(2.8B)(2.9B)20.2B21.2B
Total Current Liabilities688.7M691.5M2.8B2.9B23.2B24.3B
Net Debt(174.2M)1.1B1.6B1.7B2.1B2.2B
Accounts Payable291.7M294.3M449.7M567M650M682.5M
Cash808.0M801.7M1.4B1.4B1.4B1.5B
Non Current Assets Total18.2B22.6B25.3B24.4B35.6B18.0B
Non Currrent Assets Other(161.4M)(149.1M)(138.9M)(128M)29.5B30.9B
Other Assets(13.2B)(16.5B)(17.4B)(15.4B)(1.2B)(1.3B)
Cash And Short Term Investments18.1B22.0B24.9B24.7B1.4B1.4B
Short Term Investments17.2B21.2B23.5B23.3B3.4B3.2B
Non Current Liabilities Total236.8M1.5B742.8M737M7.7B8.1B
Total Liab18.2B23.1B28.0B31.5B33.2B34.9B
Short Term Debt397.1M397.2M2.3B2.3B2.3B2.5B
Common Stock694K696K698K1M1.2M727.8K
Other Liab10.4B17.3B19.9B20.1B23.1B24.3B
Long Term Debt650.1M1.6B742.8M2.6B1.0B782.9M
Accumulated Other Comprehensive Income28.2M534.9M11.5M(2.0B)(934M)(887.3M)
Treasury Stock(3.4B)(3.6B)(3.8B)(3.9B)(3.5B)(3.3B)
Common Stock Total Equity692K694K696K698K900K705.9K
Inventory(5.4B)(6.2B)(7.5B)(8.0B)(39.2B)(37.2B)
Other Current Assets5.4B6.2B7.5B8.0B713M1.1B
Intangible Assets581.9M622.1M872M962M1.2B1.3B
Net Tangible Assets9.1B9.7B10.1B8.4B9.7B8.8B
Retained Earnings Total Equity10.3B10.6B11.7B12.0B13.8B9.5B
Long Term Debt Total650.1M1.6B3.1B2.6B3.0B3.1B
Capital Surpluse2.2B2.2B2.3B2.3B2.6B2.3B
Long Term Investments1.9B2.2B25.3B26.5B30.9B32.5B
Non Current Liabilities Other17.5B21.4B25.4B28.9B33.3B34.9B
Short Long Term Debt397.1M397.2M2.3B2.3B2.3B2.5B

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Reinsurance 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 Everest. If investors know Everest 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 Everest 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
(0.24)
Dividend Share
7.5
Earnings Share
64.11
Revenue Per Share
384.03
Quarterly Revenue Growth
0.128
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.