Enveric Net Income vs Net Income Per E B T Analysis

ENVB Stock  USD 0.33  0  1.33%   
Enveric Biosciences financial indicator trend analysis is much more than just examining Enveric Biosciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enveric Biosciences is a good investment. Please check the relationship between Enveric Biosciences Net Income and its Net Income Per E B T accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.

Net Income vs Net Income Per E B T

Net Income vs Net Income Per E B T Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enveric Biosciences Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Enveric Biosciences' Net Income and Net Income Per E B T is -0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of Enveric Biosciences, assuming nothing else is changed. The correlation between historical values of Enveric Biosciences' Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Enveric Biosciences are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Enveric Biosciences' Net Income and Net Income Per E B T go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Enveric Biosciences financial statement analysis. It represents the amount of money remaining after all of Enveric Biosciences operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per E B T

Most indicators from Enveric Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enveric Biosciences 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 Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.As of November 28, 2024, Selling General Administrative is expected to decline to about 6.3 M. The current year's Tax Provision is expected to grow to about (1.4 M)
 2021 2022 2023 2024 (projected)
Total Operating Expenses25.9M20.0M16.4M17.3M
Cost Of Revenue681.6K435.2K408.0K387.6K

Enveric Biosciences fundamental ratios Correlations

0.810.890.85-0.030.040.320.720.330.880.00.330.47-0.180.56-0.210.35-0.120.920.790.810.540.630.35-0.650.09
0.810.940.58-0.130.220.310.780.110.790.180.110.49-0.140.2-0.140.28-0.160.830.530.610.570.560.14-0.40.12
0.890.940.6-0.230.370.370.870.00.890.110.00.61-0.210.45-0.170.27-0.210.940.530.690.660.710.21-0.490.18
0.850.580.60.3-0.440.020.350.710.59-0.290.710.11-0.020.3-0.190.460.20.590.920.640.210.390.38-0.72-0.09
-0.03-0.13-0.230.3-0.8-0.74-0.540.74-0.42-0.560.74-0.80.85-0.33-0.010.550.8-0.280.47-0.41-0.56-0.47-0.3-0.41-0.4
0.040.220.37-0.44-0.80.510.6-0.910.410.44-0.910.69-0.430.390.0-0.33-0.590.39-0.530.210.550.470.00.250.34
0.320.310.370.02-0.740.510.41-0.340.460.35-0.330.63-0.820.430.31-0.31-0.970.48-0.040.460.620.510.330.220.48
0.720.780.870.35-0.540.60.41-0.310.940.48-0.310.82-0.430.54-0.31-0.08-0.320.860.210.770.660.650.19-0.220.17
0.330.110.00.710.74-0.91-0.34-0.31-0.08-0.411.0-0.480.32-0.15-0.10.430.48-0.010.820.08-0.27-0.220.12-0.44-0.3
0.880.790.890.59-0.420.410.460.94-0.080.35-0.080.76-0.430.62-0.240.03-0.320.930.430.910.640.680.34-0.380.19
0.00.180.11-0.29-0.560.440.350.48-0.410.35-0.410.49-0.470.2-0.25-0.65-0.410.21-0.320.390.26-0.13-0.060.550.01
0.330.110.00.710.74-0.91-0.33-0.311.0-0.08-0.41-0.480.32-0.15-0.10.430.48-0.010.820.08-0.27-0.220.12-0.44-0.3
0.470.490.610.11-0.80.690.630.82-0.480.760.49-0.48-0.680.51-0.36-0.11-0.60.65-0.040.670.760.770.26-0.10.19
-0.18-0.14-0.21-0.020.85-0.43-0.82-0.430.32-0.43-0.470.32-0.68-0.34-0.130.570.82-0.280.14-0.52-0.48-0.4-0.46-0.38-0.45
0.560.20.450.3-0.330.390.430.54-0.150.620.2-0.150.51-0.34-0.17-0.03-0.350.650.250.570.580.50.08-0.280.02
-0.21-0.14-0.17-0.19-0.010.00.31-0.31-0.1-0.24-0.25-0.1-0.36-0.13-0.17-0.3-0.34-0.19-0.2-0.31-0.24-0.210.120.390.67
0.350.280.270.460.55-0.33-0.31-0.080.430.03-0.650.43-0.110.57-0.03-0.30.420.190.52-0.070.180.41-0.17-0.87-0.4
-0.12-0.16-0.210.20.8-0.59-0.97-0.320.48-0.32-0.410.48-0.60.82-0.35-0.340.42-0.330.25-0.31-0.56-0.41-0.25-0.39-0.5
0.920.830.940.59-0.280.390.480.86-0.010.930.21-0.010.65-0.280.65-0.190.19-0.330.540.790.680.690.27-0.480.2
0.790.530.530.920.47-0.53-0.040.210.820.43-0.320.82-0.040.140.25-0.20.520.250.540.460.170.250.26-0.68-0.13
0.810.610.690.64-0.410.210.460.770.080.910.390.080.67-0.520.57-0.31-0.07-0.310.790.460.540.530.54-0.310.13
0.540.570.660.21-0.560.550.620.66-0.270.640.26-0.270.76-0.480.58-0.240.18-0.560.680.170.540.790.21-0.210.15
0.630.560.710.39-0.470.470.510.65-0.220.68-0.13-0.220.77-0.40.5-0.210.41-0.410.690.250.530.790.27-0.560.16
0.350.140.210.38-0.30.00.330.190.120.34-0.060.120.26-0.460.080.12-0.17-0.250.270.260.540.210.27-0.040.63
-0.65-0.4-0.49-0.72-0.410.250.22-0.22-0.44-0.380.55-0.44-0.1-0.38-0.280.39-0.87-0.39-0.48-0.68-0.31-0.21-0.56-0.040.34
0.090.120.18-0.09-0.40.340.480.17-0.30.190.01-0.30.19-0.450.020.67-0.4-0.50.2-0.130.130.150.160.630.34
Click cells to compare fundamentals

Enveric Biosciences Account Relationship Matchups

Enveric Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0M4.1M26.7M19.6M4.3M4.1M
Other Current Liab4.8M681.3K1.2M3.4M1.1M1.9M
Total Current Liabilities14.4M681.3K2.1M4.0M2.3M3.7M
Total Stockholder Equity10.6M3.4M22.3M14.7M2.0M1.9M
Net Debt4.4M(1.6M)(17.2M)(17.7M)(2.3M)(2.2M)
Retained Earnings(40.5M)(11.8M)(60.7M)(79.2M)(96.5M)(91.7M)
Accounts Payable4.7M681.3K683.4K463.3K1.2M1.3M
Cash431.4K1.6M17.4M17.7M2.3M2.3M
Non Current Assets Total17.4M1.8M9.0M1.1M718.3K682.4K
Cash And Short Term Investments431.4K1.6M17.4M17.7M2.3M2.4M
Net Receivables8.8M7.9M6.4M224.6K258.3K245.4K
Common Stock Shares Outstanding26.4K115.1K472.3K1.4M2.2M2.3M
Liabilities And Stockholders Equity25.0M4.1M26.7M19.6M4.3M4.1M
Non Current Liabilities Total2.4M4.2M9.6M0.02.3M527.1K
Other Current Assets783.6K1.4M761.7K1.3M1.1M1.1M
Other Stockholder Equity51.0M15.2M82.7M94.4M99.0M103.9M
Total Liab14.4M681.3K4.4M4.0M2.3M2.2M
Total Current Assets7.6M2.3M17.7M18.4M3.6M4.2M
Intangible Assets3.6M1.8M6.9M379.7K210.9K200.4K
Common Stock25.2K101.0K325.8K20.8K27.4K26.0K
Accumulated Other Comprehensive Income60.0K(181.3K)(30.8K)(536.7K)(569.7K)(598.2K)
Net Tangible Assets(65.5K)(1.8M)1.6M13.8M15.9M16.7M
Net Invested Capital15.5M3.4M22.3M14.7M2.0M1.9M
Net Working Capital(6.8M)1.6M15.7M14.4M1.2M909.9K
Capital Stock29.5K133.7K325.8K20.8K27.4K26.0K

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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 Enveric Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enveric Biosciences' 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 Enveric Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enveric Biosciences Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enveric Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology 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 Enveric Biosciences. If investors know Enveric 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 Enveric Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.42)
Revenue Per Share
37.678
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.81)
Return On Equity
(2.06)
The market value of Enveric Biosciences is measured differently than its book value, which is the value of Enveric that is recorded on the company's balance sheet. Investors also form their own opinion of Enveric Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Enveric Biosciences' 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 Enveric Biosciences' market value can be influenced by many factors that don't directly affect Enveric Biosciences' 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 Enveric Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enveric Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enveric Biosciences' 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.