Eve Cost Of Revenue vs Interest Income Analysis

EVEX Stock  USD 4.03  0.68  20.30%   
Eve Holding financial indicator trend analysis is much more than just examining Eve Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eve Holding is a good investment. Please check the relationship between Eve Holding Cost Of Revenue and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eve Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.

Cost Of Revenue vs Interest Income

Cost Of Revenue vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eve Holding Cost Of Revenue account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eve Holding's Cost Of Revenue and Interest Income is -0.48. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Eve Holding, assuming nothing else is changed. The correlation between historical values of Eve Holding's Cost Of Revenue and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Eve Holding are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Cost Of Revenue i.e., Eve Holding's Cost Of Revenue and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Eve Holding income statement and represents the costs associated with goods and services Eve Holding provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Eve Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eve Holding 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 Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.At this time, Eve Holding's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 28.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (16.68) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation107.9K24.9K166.6K174.9K
Total Operating Expenses15.8M78.5M128.7M135.1M

Eve Holding fundamental ratios Correlations

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0.90.840.760.870.860.85-0.390.020.860.890.820.791.0-0.140.820.99-0.82-0.840.90.810.740.80.520.520.8
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-0.010.110.08-0.390.110.04-0.040.110.140.080.110.09-0.390.010.09-0.440.12-0.16-0.060.080.090.09-0.99-0.520.09
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-0.7-0.67-0.97-0.82-0.83-0.65-0.550.12-0.05-0.86-0.86-0.59-0.94-0.820.13-0.94-0.850.72-0.93-0.95-0.42-0.96-0.25-0.77-0.96
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0.80.80.990.810.920.770.670.080.090.940.940.731.00.81-0.131.00.81-0.95-0.850.980.581.00.060.561.0
0.940.950.480.740.850.960.980.090.060.810.810.980.570.74-0.110.620.67-0.42-0.920.680.580.570.03-0.170.57
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0.150.030.060.520.040.10.17-0.99-0.090.020.080.030.050.52-0.030.050.57-0.250.010.20.060.030.060.580.06
0.160.090.630.520.290.090.01-0.52-0.020.330.360.00.550.52-0.070.530.6-0.77-0.140.530.56-0.170.570.580.57
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Eve Holding Account Relationship Matchups

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