Eve Long Term Debt vs Net Tangible Assets Analysis

EVEX Stock  USD 3.35  0.06  1.82%   
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 Long Term Debt and its Net Tangible Assets 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.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eve Holding Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Eve Holding's Long Term Debt and Net Tangible Assets is -0.79. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Eve Holding are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Eve Holding's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Eve Holding has held for over one year. Long-term debt appears on Eve Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Eve Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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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Eve Holding Account Relationship Matchups

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