Enovix Non Current Assets Total vs Deferred Long Term Liab Analysis

ENVX Stock

USD 9.53 0.10 1.06%

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

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

Non Current Assets Total vs Deferred Long Term Liab

Non Current Assets Total vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enovix Corp Non Current Assets Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Enovix Corp's Non Current Assets Total and Deferred Long Term Liab is -0.74. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Enovix Corp, assuming nothing else is changed. The correlation between historical values of Enovix Corp's Non Current Assets Total and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Enovix Corp are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Current Assets Total i.e., Enovix Corp's Non Current Assets Total and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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

For more information on how to buy Enovix Stock please use our How to Invest in Enovix Corp guide.Enterprise Value is likely to rise to about 2.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 45.1 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	67.6M	110.0M	115.0M	86.0M
Cost Of Revenue	2.0M	23.2M	43.3M	45.5M

Total Operating Expenses Cost Of Revenue

Enovix Corp fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Other Current Assets	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab
Other Current Liab		0.38	0.12	0.47	-0.47	0.42	-0.09	0.31	-0.33	0.44	-0.3	0.55	0.48	0.55	0.56	-0.79	-0.32	0.43	0.5	0.34	0.45	0.24	0.61	0.26	0.56	0.29
Total Current Liabilities	0.38		0.63	0.9	-0.99	0.99	-0.11	0.72	-0.77	0.76	-0.74	0.81	0.86	0.76	0.92	-0.19	-0.21	0.72	0.91	0.92	0.79	0.94	0.42	0.89	0.88	0.9
Other Liab	0.12	0.63		0.84	-0.69	0.52	0.04	0.98	-0.79	0.94	-0.77	0.82	0.88	0.89	0.69	-0.2	-0.82	0.94	0.62	0.75	0.93	0.41	-0.39	0.76	0.82	0.73
Net Tangible Assets	0.47	0.9	0.84		-0.94	0.85	-0.18	0.92	-0.91	0.95	-0.9	0.95	0.97	0.95	0.91	-0.41	-0.6	0.93	0.86	0.89	0.96	0.72	0.16	0.85	0.97	0.85
Retained Earnings	-0.47	-0.99	-0.69	-0.94		-0.97	0.08	-0.78	0.8	-0.83	0.77	-0.88	-0.92	-0.83	-0.96	0.27	0.32	-0.79	-0.94	-0.95	-0.85	-0.9	-0.38	-0.91	-0.94	-0.92
Accounts Payable	0.42	0.99	0.52	0.85	-0.97		-0.08	0.62	-0.68	0.68	-0.66	0.75	0.81	0.69	0.9	-0.18	-0.1	0.64	0.9	0.89	0.71	0.97	0.53	0.85	0.84	0.87
Other Assets	-0.09	-0.11	0.04	-0.18	0.08	-0.08		-0.02	0.5	-0.02	0.56	-0.19	0.01	-0.03	-0.02	0.26	0.0	0.01	-0.01	0.06	0.02	0.03	-0.23	0.09	-0.02	0.07
Other Current Assets	0.31	0.72	0.98	0.92	-0.78	0.62	-0.02		-0.86	0.99	-0.83	0.91	0.95	0.96	0.8	-0.32	-0.81	0.98	0.73	0.81	0.98	0.49	-0.21	0.81	0.91	0.79
Deferred Long Term Liab	-0.33	-0.77	-0.79	-0.91	0.8	-0.68	0.5	-0.86		-0.86	0.99	-0.91	-0.85	-0.83	-0.79	0.33	0.59	-0.82	-0.74	-0.77	-0.84	-0.54	-0.06	-0.75	-0.84	-0.74
Total Current Assets	0.44	0.76	0.94	0.95	-0.83	0.68	-0.02	0.99	-0.86		-0.82	0.95	0.98	0.98	0.86	-0.39	-0.78	0.98	0.8	0.85	1.0	0.53	-0.08	0.84	0.96	0.82
Common Stock	-0.3	-0.74	-0.77	-0.9	0.77	-0.66	0.56	-0.83	0.99	-0.82		-0.87	-0.8	-0.81	-0.73	0.36	0.58	-0.8	-0.68	-0.71	-0.81	-0.51	-0.05	-0.69	-0.8	-0.68
Property Plant Equipment	0.55	0.81	0.82	0.95	-0.88	0.75	-0.19	0.91	-0.91	0.95	-0.87		0.97	0.93	0.94	-0.38	-0.65	0.9	0.89	0.89	0.94	0.6	0.14	0.87	0.97	0.87
Total Assets	0.48	0.86	0.88	0.97	-0.92	0.81	0.01	0.95	-0.85	0.98	-0.8	0.97		0.96	0.94	-0.33	-0.64	0.95	0.9	0.93	0.98	0.69	0.08	0.91	0.99	0.91
Total Stockholder Equity	0.55	0.76	0.89	0.95	-0.83	0.69	-0.03	0.96	-0.83	0.98	-0.81	0.93	0.96		0.84	-0.54	-0.79	0.99	0.76	0.8	0.99	0.52	0.01	0.77	0.96	0.76
Property Plant And Equipment Net	0.56	0.92	0.69	0.91	-0.96	0.9	-0.02	0.8	-0.79	0.86	-0.73	0.94	0.94	0.84		-0.24	-0.39	0.79	0.99	0.97	0.86	0.81	0.35	0.94	0.96	0.95
Current Deferred Revenue	-0.79	-0.19	-0.2	-0.41	0.27	-0.18	0.26	-0.32	0.33	-0.39	0.36	-0.38	-0.33	-0.54	-0.24		0.53	-0.47	-0.12	-0.04	-0.41	0.03	-0.29	0.05	-0.39	0.04
Net Debt	-0.32	-0.21	-0.82	-0.6	0.32	-0.1	0.0	-0.81	0.59	-0.78	0.58	-0.65	-0.64	-0.79	-0.39	0.53		-0.83	-0.28	-0.36	-0.76	0.09	0.49	-0.35	-0.6	-0.32
Cash	0.43	0.72	0.94	0.93	-0.79	0.64	0.01	0.98	-0.82	0.98	-0.8	0.9	0.95	0.99	0.79	-0.47	-0.83		0.71	0.78	0.99	0.48	-0.13	0.76	0.92	0.74
Non Current Assets Total	0.5	0.91	0.62	0.86	-0.94	0.9	-0.01	0.73	-0.74	0.8	-0.68	0.89	0.9	0.76	0.99	-0.12	-0.28	0.71		0.97	0.79	0.84	0.39	0.95	0.92	0.97
Non Currrent Assets Other	0.34	0.92	0.75	0.89	-0.95	0.89	0.06	0.81	-0.77	0.85	-0.71	0.89	0.93	0.8	0.97	-0.04	-0.36	0.78	0.97		0.85	0.84	0.21	1.0	0.93	1.0
Cash And Short Term Investments	0.45	0.79	0.93	0.96	-0.85	0.71	0.02	0.98	-0.84	1.0	-0.81	0.94	0.98	0.99	0.86	-0.41	-0.76	0.99	0.79	0.85		0.57	-0.05	0.83	0.96	0.82
Net Receivables	0.24	0.94	0.41	0.72	-0.9	0.97	0.03	0.49	-0.54	0.53	-0.51	0.6	0.69	0.52	0.81	0.03	0.09	0.48	0.84	0.84	0.57		0.52	0.82	0.71	0.83
Common Stock Shares Outstanding	0.61	0.42	-0.39	0.16	-0.38	0.53	-0.23	-0.21	-0.06	-0.08	-0.05	0.14	0.08	0.01	0.35	-0.29	0.49	-0.13	0.39	0.21	-0.05	0.52		0.14	0.19	0.18
Non Current Liabilities Total	0.26	0.89	0.76	0.85	-0.91	0.85	0.09	0.81	-0.75	0.84	-0.69	0.87	0.91	0.77	0.94	0.05	-0.35	0.76	0.95	1.0	0.83	0.82	0.14		0.9	1.0
Other Stockholder Equity	0.56	0.88	0.82	0.97	-0.94	0.84	-0.02	0.91	-0.84	0.96	-0.8	0.97	0.99	0.96	0.96	-0.39	-0.6	0.92	0.92	0.93	0.96	0.71	0.19	0.9		0.9
Total Liab	0.29	0.9	0.73	0.85	-0.92	0.87	0.07	0.79	-0.74	0.82	-0.68	0.87	0.91	0.76	0.95	0.04	-0.32	0.74	0.97	1.0	0.82	0.83	0.18	1.0	0.9

Click cells to compare fundamentals

Enovix Corp Account Relationship Matchups

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Enovix Stock Analysis

When running Enovix Corp's price analysis, check to measure Enovix 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 Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix 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 Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix 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

Enovix Non Current Assets Total vs Deferred Long Term Liab Analysis

Non Current Assets Total vs Deferred Long Term Liab

Non Current Assets Total vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Deferred Long Term Liab

Enovix Corp fundamental ratios Correlations

Enovix Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Enovix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Current Assets
Non Current Liabilities Total	+ 1.0	Non Currrent Assets Other
Total Liab	+ 1.0	Non Currrent Assets Other
Total Liab	+ 1.0	Non Current Liabilities Total
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Other Current Assets

Retained Earnings	- 0.99	Total Current Liabilities
Accounts Payable	- 0.97	Retained Earnings
Property Plant And Equipment Net	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings
Non Current Assets Total	- 0.94	Retained Earnings