EVE Other Liab vs Non Current Assets Total Analysis

EVE Stock   0  0.00  0.00%   
EVE Health financial indicator trend analysis is much more than just examining EVE Health Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVE Health Group is a good investment. Please check the relationship between EVE Health Other Liab and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVE Health Group. 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.

Other Liab vs Non Current Assets Total

Other Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVE Health Group Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EVE Health's Other Liab and Non Current Assets Total is -0.18. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of EVE Health Group, assuming nothing else is changed. The correlation between historical values of EVE Health's Other Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of EVE Health Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Liab i.e., EVE Health's Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

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.
Most indicators from EVE Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVE Health Group 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 EVE Health Group. 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.
Selling General Administrative is likely to drop to about 625.9 K in 2024. Discontinued Operations is likely to drop to about (2 M) in 2024

EVE Health fundamental ratios Correlations

0.35-0.280.180.990.02-0.480.410.660.520.950.490.390.620.60.03-0.090.4-0.210.230.43-0.010.70.170.180.84
0.35-0.74-0.380.39-0.61-0.110.59-0.150.120.490.080.970.19-0.06-0.49-0.650.330.33-0.17-0.32-0.520.520.670.650.52
-0.28-0.740.61-0.340.750.25-0.770.31-0.25-0.40.03-0.82-0.3-0.090.760.84-0.34-0.240.320.290.79-0.35-0.6-0.59-0.49
0.18-0.380.610.060.850.17-0.590.760.00.060.11-0.43-0.040.370.710.750.36-0.380.90.360.710.11-0.32-0.3-0.15
0.990.39-0.340.06-0.09-0.50.480.570.520.950.50.430.630.55-0.05-0.180.32-0.160.10.4-0.090.690.190.190.87
0.02-0.610.750.85-0.090.0-0.820.670.15-0.18-0.2-0.620.080.470.910.940.31-0.670.770.570.91-0.24-0.28-0.25-0.42
-0.48-0.110.250.17-0.50.0-0.02-0.19-0.97-0.250.17-0.19-0.97-0.55-0.22-0.09-0.210.540.11-0.79-0.170.09-0.22-0.23-0.2
0.410.59-0.77-0.590.48-0.82-0.02-0.22-0.040.610.510.610.06-0.1-0.88-0.92-0.040.54-0.45-0.45-0.90.620.170.140.77
0.66-0.150.310.760.570.67-0.19-0.220.340.530.36-0.150.360.660.570.530.52-0.510.740.550.550.34-0.22-0.190.35
0.520.12-0.250.00.520.15-0.97-0.040.340.28-0.220.20.990.670.290.170.44-0.630.120.820.25-0.020.280.290.17
0.950.49-0.40.060.95-0.18-0.250.610.530.280.60.510.40.42-0.21-0.330.340.040.130.12-0.240.830.20.20.94
0.490.080.030.110.5-0.20.170.510.36-0.220.60.05-0.12-0.07-0.25-0.26-0.290.45-0.04-0.16-0.240.64-0.52-0.530.71
0.390.97-0.82-0.430.43-0.62-0.190.61-0.150.20.510.050.260.07-0.51-0.690.340.27-0.2-0.27-0.540.480.70.680.53
0.620.19-0.3-0.040.630.08-0.970.060.360.990.4-0.120.260.670.230.10.42-0.580.080.790.180.090.280.290.3
0.6-0.06-0.090.370.550.47-0.55-0.10.660.670.42-0.070.070.670.360.290.64-0.710.510.670.310.130.190.20.19
0.03-0.490.760.71-0.050.91-0.22-0.880.570.29-0.21-0.25-0.510.230.360.960.15-0.680.560.691.0-0.32-0.2-0.17-0.43
-0.09-0.650.840.75-0.180.94-0.09-0.920.530.17-0.33-0.26-0.690.10.290.960.11-0.640.590.640.97-0.4-0.32-0.29-0.52
0.40.33-0.340.360.320.31-0.21-0.040.520.440.34-0.290.340.420.640.150.11-0.510.670.250.110.230.480.510.14
-0.210.33-0.24-0.38-0.16-0.670.540.54-0.51-0.630.040.450.27-0.58-0.71-0.68-0.64-0.51-0.41-0.78-0.640.33-0.05-0.090.26
0.23-0.170.320.90.10.770.11-0.450.740.120.13-0.04-0.20.080.510.560.590.67-0.410.310.550.22-0.07-0.04-0.11
0.43-0.320.290.360.40.57-0.79-0.450.550.820.12-0.16-0.270.790.670.690.640.25-0.780.310.66-0.18-0.06-0.04-0.05
-0.01-0.520.790.71-0.090.91-0.17-0.90.550.25-0.24-0.24-0.540.180.311.00.970.11-0.640.550.66-0.34-0.23-0.2-0.45
0.70.52-0.350.110.69-0.240.090.620.34-0.020.830.640.480.090.13-0.32-0.40.230.330.22-0.18-0.340.060.050.77
0.170.67-0.6-0.320.19-0.28-0.220.17-0.220.280.2-0.520.70.280.19-0.2-0.320.48-0.05-0.07-0.06-0.230.061.00.11
0.180.65-0.59-0.30.19-0.25-0.230.14-0.190.290.2-0.530.680.290.2-0.17-0.290.51-0.09-0.04-0.04-0.20.051.00.11
0.840.52-0.49-0.150.87-0.42-0.20.770.350.170.940.710.530.30.19-0.43-0.520.140.26-0.11-0.05-0.450.770.110.11
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EVE Health Account Relationship Matchups

EVE Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1M11.9M8.1M4.1M2.5M2.4M
Short Long Term Debt Total584.3K1.0M492.4K4.3K74.9K71.1K
Other Current Liab131.2K289.7K309.0K750.6K959.4K1.0M
Total Current Liabilities581.8K951.5K743.1K1.0M1.3M656.0K
Total Stockholder Equity13.0M10.2M6.9M3.1M1.2M1.2M
Net Debt(4.6M)(2.1M)(610.0K)(188.2K)(31.3K)(32.9K)
Retained Earnings(20.3M)(23.8M)(29.1M)(33.1M)(34.8M)(33.1M)
Accounts Payable404.8K431.5K338.4K254.2K264.8K295.4K
Cash5.1M3.2M1.1M192.5K106.2K100.9K
Non Current Assets Total7.3M7.2M5.4M13.2K179.0170.05
Non Currrent Assets Other(217.5K)(6.9M)(6.9M)(5.0M)(13.2K)0.0
Cash And Short Term Investments5.1M3.2M1.1M192.5K106.2K100.9K
Net Receivables923.5K352.4K250.7K115.7K78.7K74.8K
Common Stock Shares Outstanding3.7B4.6B4.0B5.2B5.3B5.5B
Liabilities And Stockholders Equity14.1M11.9M8.1M4.1M2.5M2.4M
Non Current Liabilities Total76.8K722.7K538.5K784.6K396.6K0.0
Other Stockholder Equity(14.8M)(12.0M)(8.8M)(5.0M)(4.5M)(4.7M)
Total Liab1.1M1.7M1.1M1.0M1.3M835.7K
Total Current Assets6.8M4.7M2.7M4.1M2.5M2.8M
Accumulated Other Comprehensive Income297.5K343.3K415.3K431.9K194.0K184.3K
Common Stock33.0M33.6M35.6M35.8M41.2M43.3M
Short Term Debt45.8K230.3K95.7K4.3K74.9K71.1K
Property Plant And Equipment Net4.8M5.2M4.5M13.2K179.0170.05
Property Plant And Equipment Gross4.8M5.7M5.2M26.5K179.0170.05
Property Plant Equipment4.8M5.2M4.5M11.1K10.0K9.5K
Other Current Assets303.3K202.6K201.5K3.3M2.2M2.3M
Inventory766.6K1.2M1.4M522.9K141.5K134.5K
Net Tangible Assets12.0M9.3M6.8M3.1M3.6M6.4M
Long Term Investments1.8M1.2M701.0K359.9K323.9K307.7K
Net Invested Capital13.5M10.7M7.4M4.6M1.3M1.2M
Cash And Equivalents340.3K5.1M3.2M1.1M1.3M1.2M
Net Working Capital6.2M3.7M2.0M4.1M1.2M1.2M
Current Deferred Revenue(45.8K)(230.3K)(95.7K)(1.0)326K342.3K

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