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 Total Revenue and its Other Operating Expenses 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.
Total Revenue vs Other Operating Expenses
Total Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enovis Corp Total Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Enovis Corp's Total Revenue and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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 Total Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Enovis Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Enovis Corp's Total Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Enovis Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enovis Corp. It is also known as Enovis Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 |
Enovis Corp fundamental ratios Correlations
Click cells to compare fundamentals
Enovis Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enovis Corp fundamental ratios Accounts
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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.