Enovis Common Stock vs Current Deferred Revenue Analysis

ENOV Stock

USD 47.74 0.53 1.10%

Enovis Corp financial indicator trend analysis is much more than just examining Enovis Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enovis Corp is a good investment. Please check the relationship between Enovis Corp Common Stock and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enovis 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 persons.

For more information on how to buy Enovis Stock please use our How to Invest in Enovis Corp guide.

Common Stock vs Current Deferred Revenue

Common Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enovis Corp Common Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.

The correlation between Enovis Corp's Common Stock and Current Deferred Revenue is 0.29. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Enovis Corp, assuming nothing else is changed. The correlation between historical values of Enovis Corp's Common Stock and Current Deferred Revenue 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 of Enovis Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock i.e., Enovis Corp's Common Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

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.

Most indicators from Enovis Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enovis 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 Enovis 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 persons.

For more information on how to buy Enovis Stock please use our How to Invest in Enovis Corp guide.At this time, Enovis Corp's Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 796 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	3.9B	1.6B	1.7B	2.5B
Interest Expense	72.6M	24.1M	19.7M	18.8M

Total Revenue Interest Expense

Enovis Corp fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.86	0.98	0.85	0.11	0.71	0.87	0.82	0.86	0.82	0.84	0.2	0.75	0.56	0.6	0.62	0.62	0.62	0.98	0.83	0.91	0.64	0.92	0.88	-0.06	0.95
Total Stockholder Equity	0.86		0.9	0.58	-0.22	0.94	0.53	0.56	0.7	0.54	0.52	0.04	0.51	0.77	0.26	0.41	0.42	0.31	0.91	0.48	0.91	0.56	0.98	0.63	0.23	0.76
Non Current Assets Total	0.98	0.9		0.77	-0.02	0.78	0.81	0.83	0.81	0.73	0.8	0.1	0.8	0.6	0.49	0.5	0.5	0.52	1.0	0.79	0.92	0.57	0.95	0.78	0.02	0.91
Non Currrent Assets Other	0.85	0.58	0.77		0.6	0.42	0.89	0.67	0.71	0.96	0.83	0.56	0.56	0.49	0.87	0.57	0.6	0.89	0.75	0.8	0.6	0.44	0.67	0.9	-0.27	0.87
Other Assets	0.11	-0.22	-0.02	0.6		-0.33	0.42	0.07	0.16	0.6	0.39	0.63	-0.08	-0.05	0.75	0.32	0.36	0.7	-0.06	0.32	-0.21	0.05	-0.14	0.44	-0.46	0.26
Common Stock Shares Outstanding	0.71	0.94	0.78	0.42	-0.33		0.34	0.4	0.5	0.38	0.38	-0.12	0.39	0.72	0.14	0.2	0.21	0.2	0.8	0.29	0.82	0.36	0.9	0.44	0.4	0.58
Total Liab	0.87	0.53	0.81	0.89	0.42	0.34		0.9	0.81	0.89	0.91	0.32	0.79	0.23	0.76	0.68	0.67	0.69	0.79	0.98	0.68	0.58	0.65	0.85	-0.29	0.85
Short Long Term Debt Total	0.82	0.56	0.83	0.67	0.07	0.4	0.9		0.8	0.64	0.83	0.04	0.95	0.2	0.43	0.57	0.54	0.37	0.8	0.95	0.75	0.57	0.66	0.65	-0.18	0.79
Other Current Liab	0.86	0.7	0.81	0.71	0.16	0.5	0.81	0.8		0.74	0.82	0.13	0.64	0.36	0.43	0.86	0.84	0.41	0.79	0.79	0.83	0.89	0.78	0.84	-0.18	0.88
Total Current Liabilities	0.82	0.54	0.73	0.96	0.6	0.38	0.89	0.64	0.74		0.83	0.49	0.49	0.34	0.91	0.67	0.68	0.87	0.71	0.79	0.6	0.52	0.62	0.93	-0.17	0.81
Property Plant And Equipment Net	0.84	0.52	0.8	0.83	0.39	0.38	0.91	0.83	0.82	0.83		0.1	0.76	0.16	0.7	0.65	0.63	0.67	0.76	0.88	0.67	0.57	0.64	0.85	-0.22	0.87
Current Deferred Revenue	0.2	0.04	0.1	0.56	0.63	-0.12	0.32	0.04	0.13	0.49	0.1		-0.07	0.4	0.52	0.23	0.32	0.59	0.1	0.24	-0.03	0.08	0.08	0.41	-0.4	0.29
Net Debt	0.75	0.51	0.8	0.56	-0.08	0.39	0.79	0.95	0.64	0.49	0.76	-0.07		0.2	0.33	0.32	0.29	0.32	0.77	0.86	0.67	0.36	0.61	0.51	-0.15	0.71
Retained Earnings	0.56	0.77	0.6	0.49	-0.05	0.72	0.23	0.2	0.36	0.34	0.16	0.4	0.2		0.16	0.07	0.13	0.31	0.63	0.16	0.53	0.21	0.73	0.37	0.09	0.57
Accounts Payable	0.6	0.26	0.49	0.87	0.75	0.14	0.76	0.43	0.43	0.91	0.7	0.52	0.33	0.16		0.41	0.43	0.96	0.47	0.65	0.29	0.19	0.34	0.77	-0.28	0.58
Cash	0.62	0.41	0.5	0.57	0.32	0.2	0.68	0.57	0.86	0.67	0.65	0.23	0.32	0.07	0.41		0.98	0.34	0.48	0.64	0.61	0.91	0.49	0.79	-0.22	0.66
Cash And Short Term Investments	0.62	0.42	0.5	0.6	0.36	0.21	0.67	0.54	0.84	0.68	0.63	0.32	0.29	0.13	0.43	0.98		0.38	0.48	0.63	0.59	0.89	0.5	0.8	-0.24	0.67
Net Receivables	0.62	0.31	0.52	0.89	0.7	0.2	0.69	0.37	0.41	0.87	0.67	0.59	0.32	0.31	0.96	0.34	0.38		0.51	0.57	0.31	0.13	0.39	0.79	-0.3	0.63
Good Will	0.98	0.91	1.0	0.75	-0.06	0.8	0.79	0.8	0.79	0.71	0.76	0.1	0.77	0.63	0.47	0.48	0.48	0.51		0.76	0.92	0.57	0.96	0.77	0.04	0.9
Non Current Liabilities Total	0.83	0.48	0.79	0.8	0.32	0.29	0.98	0.95	0.79	0.79	0.88	0.24	0.86	0.16	0.65	0.64	0.63	0.57	0.76		0.66	0.57	0.61	0.77	-0.32	0.81
Inventory	0.91	0.91	0.92	0.6	-0.21	0.82	0.68	0.75	0.83	0.6	0.67	-0.03	0.67	0.53	0.29	0.61	0.59	0.31	0.92	0.66		0.69	0.94	0.73	0.14	0.8
Other Current Assets	0.64	0.56	0.57	0.44	0.05	0.36	0.58	0.57	0.89	0.52	0.57	0.08	0.36	0.21	0.19	0.91	0.89	0.13	0.57	0.57	0.69		0.62	0.68	-0.14	0.68
Other Stockholder Equity	0.92	0.98	0.95	0.67	-0.14	0.9	0.65	0.66	0.78	0.62	0.64	0.08	0.61	0.73	0.34	0.49	0.5	0.39	0.96	0.61	0.94	0.62		0.72	0.14	0.86
Total Current Assets	0.88	0.63	0.78	0.9	0.44	0.44	0.85	0.65	0.84	0.93	0.85	0.41	0.51	0.37	0.77	0.79	0.8	0.79	0.77	0.77	0.73	0.68	0.72		-0.24	0.89
Short Term Debt	-0.06	0.23	0.02	-0.27	-0.46	0.4	-0.29	-0.18	-0.18	-0.17	-0.22	-0.4	-0.15	0.09	-0.28	-0.22	-0.24	-0.3	0.04	-0.32	0.14	-0.14	0.14	-0.24		-0.21
Common Stock	0.95	0.76	0.91	0.87	0.26	0.58	0.85	0.79	0.88	0.81	0.87	0.29	0.71	0.57	0.58	0.66	0.67	0.63	0.9	0.81	0.8	0.68	0.86	0.89	-0.21

Click cells to compare fundamentals

Enovis Corp Account Relationship Matchups

Enovis Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.4B	8.5B	4.3B	4.5B	4.7B
Total Stockholder Equity	3.4B	3.5B	4.6B	3.4B	3.4B	2.2B
Non Current Assets Total	6.0B	6.0B	6.2B	3.5B	3.6B	3.4B
Non Currrent Assets Other	396.5M	350.8M	363.5M	80.3M	90.3M	85.7M
Other Assets	396.5M	350.8M	363.5M	63.8M	57.4M	54.5M
Common Stock Shares Outstanding	45.6M	46.3M	51.1M	54.1M	54.5M	33.3M
Liabilities And Stockholders Equity	7.4B	7.4B	8.5B	4.3B	4.5B	4.7B
Total Liab	3.9B	3.8B	3.9B	823.4M	1.1B	1.0B
Short Long Term Debt Total	2.4B	2.4B	2.2B	310.5M	536.4M	509.6M
Other Current Liab	453.9M	320.6M	766.5M	168.8M	198.2M	208.1M
Total Current Liabilities	857.3M	811.7M	1.0B	565.2M	369.6M	351.1M
Property Plant And Equipment Net	664.6M	660.9M	705.8M	303.6M	334.3M	467.9M
Current Deferred Revenue	16.0M	36.7M	31.5M	3.6M	3.0M	2.8M
Net Debt	2.3B	2.3B	1.5B	286.2M	500.2M	925.1M
Retained Earnings	479.6M	517.4M	589.0M	575.7M	542.5M	309.3M
Accounts Payable	359.8M	330.3M	155.2M	135.6M	132.5M	125.9M
Cash	109.6M	97.1M	719.4M	24.3M	36.2M	34.4M
Cash And Short Term Investments	109.6M	97.1M	719.4M	24.3M	36.2M	34.4M
Net Receivables	561.9M	517.0M	255.0M	267.4M	291.5M	541.4M
Good Will	3.2B	3.3B	3.5B	2.0B	2.1B	1.9B
Non Current Liabilities Total	3.0B	3.0B	2.8B	258.2M	719.0M	683.1M
Inventory	571.6M	564.8M	776.3M	426.6M	468.8M	369.0M
Other Current Assets	161.2M	182.9M	1.0B	76.7M	100.0M	95.0M
Other Stockholder Equity	3.4B	3.5B	4.5B	2.9B	2.9B	2.3B
Total Current Assets	1.4B	1.4B	2.3B	795.0M	896.5M	1.3B
Accumulated Other Comprehensive Income	(483.8M)	(452.1M)	(516.0M)	(53.4M)	(24.9M)	(26.1M)
Short Term Debt	27.6M	66.8M	29.6M	243.6M	21.6M	30.6M
Intangible Assets	1.7B	1.7B	1.7B	1.1B	1.1B	960.5M
Other Liab	619.3M	608.6M	606.3M	167.0M	150.3M	142.8M
Net Tangible Assets	(1.5B)	(1.4B)	(525.4M)	353.8M	318.4M	334.3M
Long Term Debt	2.3B	2.2B	2.1B	40M	466.2M	442.9M
Deferred Long Term Liab	6.1M	7M	5.2M	4.5M	5.2M	5.5M
Net Invested Capital	5.8B	5.8B	6.7B	3.7B	3.9B	4.0B
Short Long Term Debt	27.6M	27.1M	8.3M	219.3M	252.2M	264.8M
Non Current Liabilities Other	619.3M	608.6M	606.3M	167.0M	204.2M	392.1M
Net Working Capital	546.9M	550.2M	1.3B	229.8M	526.9M	519.0M
Property Plant Equipment	664.6M	660.9M	705.8M	236.7M	213.1M	415.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Enovis Stock Analysis

When running Enovis Corp's price analysis, check to measure Enovis Corp'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 Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC