Envela Current Deferred Revenue vs Retained Earnings Analysis

ELA Stock  USD 6.50  0.01  0.15%   
Envela Corp financial indicator trend analysis is much more than just examining Envela Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envela Corp is a good investment. Please check the relationship between Envela Corp Current Deferred Revenue and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envela Corp Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Envela Corp's Current Deferred Revenue and Retained Earnings is -0.15. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Envela Corp, assuming nothing else is changed. The correlation between historical values of Envela Corp's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Envela Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Envela Corp's Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Envela Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envela Corp 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 Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.At present, Envela Corp's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Selling General Administrative is forecasted to decline to about 16.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit31.2M44.8M40.3M42.3M
Total Revenue141.0M182.7M171.7M180.3M

Envela Corp fundamental ratios Correlations

0.84-0.360.290.980.970.390.790.970.970.610.890.910.70.070.920.980.990.840.98-0.10.98-0.12-0.650.720.6
0.84-0.620.070.770.860.690.560.890.850.750.930.640.780.140.870.850.790.850.790.090.79-0.24-0.40.610.65
-0.36-0.620.25-0.3-0.46-0.57-0.29-0.46-0.38-0.56-0.55-0.15-0.310.11-0.43-0.43-0.29-0.51-0.33-0.43-0.330.010.22-0.21-0.28
0.290.070.250.210.30.04-0.030.280.16-0.120.150.410.180.530.40.270.290.190.22-0.160.220.560.110.38-0.13
0.980.77-0.30.210.910.210.840.920.950.60.80.930.620.00.820.940.990.760.99-0.180.99-0.14-0.730.670.61
0.970.86-0.460.30.910.520.770.990.940.550.930.830.70.010.960.990.930.890.930.020.93-0.13-0.60.650.53
0.390.69-0.570.040.210.520.110.550.450.430.750.070.650.130.660.470.290.640.280.320.28-0.290.110.360.3
0.790.56-0.29-0.030.840.770.110.750.810.220.640.670.47-0.50.610.80.790.630.83-0.230.83-0.3-0.690.560.22
0.970.89-0.460.280.920.990.550.750.950.590.950.810.740.040.970.980.940.90.940.030.94-0.18-0.570.730.55
0.970.85-0.380.160.950.940.450.810.950.630.910.820.77-0.010.890.960.960.820.95-0.210.95-0.22-0.60.680.61
0.610.75-0.56-0.120.60.550.430.220.590.630.650.540.550.430.570.560.610.550.570.080.57-0.07-0.360.340.91
0.890.93-0.550.150.80.930.750.640.950.910.650.660.820.070.960.910.840.870.840.10.84-0.25-0.420.680.58
0.910.64-0.150.410.930.830.070.670.810.820.540.660.440.170.760.850.940.640.9-0.190.90.12-0.760.570.58
0.70.78-0.310.180.620.70.650.470.740.770.550.820.440.20.780.70.670.580.65-0.30.65-0.16-0.020.640.45
0.070.140.110.530.00.010.13-0.50.04-0.010.430.070.170.20.17-0.020.080.010.00.020.00.390.340.170.43
0.920.87-0.430.40.820.960.660.610.970.890.570.960.760.780.170.930.880.870.860.040.86-0.08-0.430.710.51
0.980.85-0.430.270.940.990.470.80.980.960.560.910.850.7-0.020.930.950.870.95-0.050.95-0.13-0.650.630.55
0.990.79-0.290.290.990.930.290.790.940.960.610.840.940.670.080.880.950.780.99-0.180.99-0.09-0.690.690.61
0.840.85-0.510.190.760.890.640.630.90.820.550.870.640.580.010.870.870.780.80.240.8-0.38-0.530.610.51
0.980.79-0.330.220.990.930.280.830.940.950.570.840.90.650.00.860.950.990.8-0.11.0-0.17-0.690.720.58
-0.10.09-0.43-0.16-0.180.020.32-0.230.03-0.210.080.1-0.19-0.30.020.04-0.05-0.180.24-0.1-0.1-0.21-0.04-0.090.07
0.980.79-0.330.220.990.930.280.830.940.950.570.840.90.650.00.860.950.990.81.0-0.1-0.17-0.690.720.58
-0.12-0.240.010.56-0.14-0.13-0.29-0.3-0.18-0.22-0.07-0.250.12-0.160.39-0.08-0.13-0.09-0.38-0.17-0.21-0.170.16-0.17-0.22
-0.65-0.40.220.11-0.73-0.60.11-0.69-0.57-0.6-0.36-0.42-0.76-0.020.34-0.43-0.65-0.69-0.53-0.69-0.04-0.690.16-0.17-0.46
0.720.61-0.210.380.670.650.360.560.730.680.340.680.570.640.170.710.630.690.610.72-0.090.72-0.17-0.170.25
0.60.65-0.28-0.130.610.530.30.220.550.610.910.580.580.450.430.510.550.610.510.580.070.58-0.22-0.460.25
Click cells to compare fundamentals

Envela Corp Account Relationship Matchups

Envela Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0M40.6M59.3M71.3M73.5M77.1M
Other Current Liab916.5K(1.2M)(492.6K)1.8M411.6K432.2K
Total Current Liabilities4.8M6.1M9.8M8.9M9.0M5.5M
Total Stockholder Equity11.2M17.6M27.6M43.3M48.3M50.7M
Property Plant And Equipment Net3.7M10.4M15.5M13.6M15.1M15.9M
Net Debt8.7M11.0M16.0M4.9M1.4M1.4M
Retained Earnings(29.2M)(22.9M)(12.8M)2.9M10.0M10.5M
Non Current Assets Total8.7M17.1M24.9M22.4M23.6M24.8M
Net Receivables3.0M2.8M7.2M8.5M7.8M8.2M
Liabilities And Stockholders Equity27.0M40.6M59.3M71.3M73.5M77.1M
Non Current Liabilities Total11.0M16.9M21.8M19.1M16.2M17.0M
Inventory9.5M10.0M14.0M18.8M23.1M24.3M
Other Current Assets1.2M1.4M3.0M4.4M1.1M863.4K
Other Stockholder Equity42.2M41.9M40.2M40.2M38.0M20.8M
Total Liab15.8M23.0M31.6M28.0M25.2M26.4M
Property Plant And Equipment Gross3.7M10.4M18.1M16.9M19.1M20.1M
Total Current Assets18.4M23.5M34.4M48.9M49.9M52.4M
Short Term Debt2.3M4.4M5.9M2.9M5.0M5.2M
Cash4.5M9.2M10.1M17.2M17.9M18.7M
Non Currrent Assets Other204.8K2.3M237.8K(1.3M)201.4K323.8K
Cash And Short Term Investments4.5M9.2M10.1M17.2M17.9M18.7M
Accounts Payable1.5M1.5M2.5M3.4M3.1M2.0M
Intangible Assets3.4M3.0M3.0M5.0M4.3M2.2M
Current Deferred Revenue165.4K429.0K1.2M282.5K211.7K201.1K
Net Tangible Assets6.4M13.2M27.4M34.4M39.6M41.6M
Retained Earnings Total Equity(29.2M)(22.9M)(12.8M)2.9M3.3M3.5M
Long Term Debt Total8.6M4.2M16.0M14.7M16.9M17.8M
Capital Lease Obligations3.6M4.8M7.4M6.1M4.4M3.2M
Property Plant Equipment1.4M10.4M15.5M9.4M10.8M5.9M
Other Assets204.8K5.8M237.8K186.8K1.00.95

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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 Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp'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 Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Other Specialty Retail 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 Envela Corp. If investors know Envela 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 Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.25
Revenue Per Share
6.3
Quarterly Revenue Growth
0.272
Return On Assets
0.0648
Return On Equity
0.1307
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp'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 Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp'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 Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.