Envestnet Ptb Ratio vs Days Sales Outstanding Analysis

ENV Stock  USD 63.15  0.06  0.1%   
Envestnet financial indicator trend analysis is much more than just examining Envestnet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envestnet is a good investment. Please check the relationship between Envestnet Ptb Ratio and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envestnet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envestnet Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Envestnet's Ptb Ratio and Days Sales Outstanding is -0.24. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Envestnet, assuming nothing else is changed. The correlation between historical values of Envestnet's Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Envestnet are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Envestnet's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

Most indicators from Envestnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Envestnet 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 Envestnet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Envestnet Stock please use our How to Invest in Envestnet guide.At this time, Envestnet's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 25.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.16 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit762.8M771.3M327.8M362.0M
Total Revenue1.2B1.2B1.2B1.3B

Envestnet fundamental ratios Correlations

0.970.760.920.920.750.920.90.79-0.390.190.60.960.830.570.60.840.970.940.87-0.480.710.960.890.780.78
0.970.80.90.970.740.960.90.8-0.350.130.650.990.840.660.650.830.990.860.9-0.450.720.990.910.810.82
0.760.80.640.70.40.860.850.91-0.64-0.250.470.80.940.550.470.860.780.630.94-0.710.840.770.920.950.62
0.920.90.640.850.650.790.840.72-0.370.280.610.890.780.460.610.810.890.830.78-0.490.640.890.840.680.78
0.920.970.70.850.820.920.860.7-0.190.250.70.950.720.670.70.740.960.810.83-0.260.630.970.840.720.83
0.750.740.40.650.820.690.730.54-0.190.620.370.760.410.480.370.570.770.740.6-0.080.510.80.620.540.5
0.920.960.860.790.920.690.870.79-0.34-0.020.60.960.830.710.60.770.960.780.89-0.450.710.950.880.830.76
0.90.90.850.840.860.730.870.94-0.640.220.480.910.880.550.480.960.910.820.96-0.640.890.910.970.930.66
0.790.80.910.720.70.540.790.94-0.770.030.280.830.930.440.280.960.820.710.96-0.830.910.790.950.960.49
-0.39-0.35-0.64-0.37-0.19-0.19-0.34-0.64-0.770.060.04-0.38-0.62-0.20.04-0.76-0.34-0.41-0.640.84-0.85-0.37-0.64-0.77-0.13
0.190.13-0.250.280.250.62-0.020.220.030.06-0.090.16-0.14-0.27-0.090.110.180.28-0.020.21-0.030.20.04-0.05-0.04
0.60.650.470.610.70.370.60.480.280.04-0.090.540.480.661.00.450.560.470.540.030.380.630.560.420.96
0.960.990.80.890.950.760.960.910.83-0.380.160.540.840.610.540.831.00.860.9-0.490.720.980.910.810.73
0.830.840.940.780.720.410.830.880.93-0.62-0.140.480.840.470.480.920.830.690.95-0.80.820.790.950.90.65
0.570.660.550.460.670.480.710.550.44-0.2-0.270.660.610.470.660.460.610.460.61-0.160.610.670.580.580.7
0.60.650.470.610.70.370.60.480.280.04-0.091.00.540.480.660.450.560.470.540.030.380.630.560.420.96
0.840.830.860.810.740.570.770.960.96-0.760.110.450.830.920.460.450.820.770.96-0.760.930.820.970.940.64
0.970.990.780.890.960.770.960.910.82-0.340.180.561.00.830.610.560.820.860.89-0.470.70.980.90.790.74
0.940.860.630.830.810.740.780.820.71-0.410.280.470.860.690.460.470.770.860.76-0.430.670.870.790.70.65
0.870.90.940.780.830.60.890.960.96-0.64-0.020.540.90.950.610.540.960.890.76-0.690.910.880.990.970.71
-0.48-0.45-0.71-0.49-0.26-0.08-0.45-0.64-0.830.840.210.03-0.49-0.8-0.160.03-0.76-0.47-0.43-0.69-0.74-0.41-0.69-0.73-0.16
0.710.720.840.640.630.510.710.890.91-0.85-0.030.380.720.820.610.380.930.70.670.91-0.740.730.90.960.55
0.960.990.770.890.970.80.950.910.79-0.370.20.630.980.790.670.630.820.980.870.88-0.410.730.90.810.8
0.890.910.920.840.840.620.880.970.95-0.640.040.560.910.950.580.560.970.90.790.99-0.690.90.90.950.73
0.780.810.950.680.720.540.830.930.96-0.77-0.050.420.810.90.580.420.940.790.70.97-0.730.960.810.950.6
0.780.820.620.780.830.50.760.660.49-0.13-0.040.960.730.650.70.960.640.740.650.71-0.160.550.80.730.6
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Envestnet Account Relationship Matchups

Envestnet fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.9M53.6M55.4M56.8M54.5M43.2M
Total Assets1.8B2.1B2.2B2.1B1.9B1.1B
Other Current Liab137.9M147.8M209.3M202.0M192.8M202.4M
Total Current Liabilities203.8M236.4M288.7M327.1M292.5M158.6M
Total Stockholder Equity869.1M976.3M957.1M754.6M568.2M471.5M
Other Liab76.6M63.4M38.1M35.1M40.3M34.7M
Property Plant And Equipment Net136.6M153.2M140.9M144.0M117.4M62.5M
Current Deferred Revenue34.8M34.9M33.5M36.4M38.2M40.1M
Net Debt585.2M497.8M536.5M877.1M899.0M943.9M
Retained Earnings(75.7M)(79.9M)(38.0M)(118.9M)(357.7M)(339.8M)
Accounts Payable155.2M18.0M19.1M17.3M35.7M57.3M
Cash82.5M384.6M429.3M162.2M91.4M143.4M
Non Current Assets Total1.6B1.6B1.7B1.8B1.6B838.9M
Non Currrent Assets Other37.1M47.6M73.8M99.9M70.4M73.9M
Other Assets37.1M249.3M73.8M62.5M71.9M44.0M
Cash And Short Term Investments82.5M384.6M429.3M162.2M91.4M143.4M
Net Receivables67.8M80.1M95.3M101.7M121.0M127.0M
Good Will879.9M906.8M925.2M998.4M806.6M453.3M
Common Stock Total Equity306K331K339K344K395.6K267.5K
Liabilities And Stockholders Equity1.8B2.1B2.2B2.1B1.9B1.1B
Non Current Liabilities Total730.5M932.1M992.9M1.0B1.0B1.1B
Other Current Assets32.2M61.9M35.5M41.9M76.9M80.7M
Other Stockholder Equity946.2M1.1B996.6M881.7M934.1M559.6M
Total Liab934.3M1.2B1.3B1.3B1.3B1.4B
Property Plant And Equipment Gross136.6M153.2M140.9M144.0M199.4M209.4M
Total Current Assets182.5M505.2M567.3M305.2M263.8M217.1M
Accumulated Other Comprehensive Income(1.7M)(398K)(1.9M)(8.6M)(8.6M)(9.0M)
Treasury Stock(67.9M)(91.0M)(110.5M)(135.0M)(121.5M)(115.4M)
Intangible Assets565.9M531.5M534.1M564.6M562.8M282.1M
Common Stock331K339K344K350K355K282.5K
Property Plant Equipment53.8M48.0M140.9M144.0M165.6M173.9M
Short Long Term Debt Total667.7M882.3M965.8M1.0B990.4M1.0B
Long Term Debt565.5M756.5M848.9M871.8M876.6M920.4M
Short Term Debt13.8M27.3M22.0M68.8M25.8M24.5M
Net Tangible Assets(576.6M)(462.0M)(502.1M)(808.4M)(727.6M)(691.2M)
Noncontrolling Interest In Consolidated Entity(1.1M)(1.5M)(519K)2.5M2.8M3.0M
Retained Earnings Total Equity(58.9M)(75.7M)(79.9M)(38.0M)(34.2M)(35.9M)
Capital Surpluse1.0B1.2B1.1B1.1B1.3B691.4M

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Additional Tools for Envestnet Stock Analysis

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