EverGen Capital Lease Obligations vs Property Plant And Equipment Gross Analysis

EVGN Stock

1.70 0.01 0.59%

EverGen Infrastructure financial indicator trend analysis is much more than just examining EverGen Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EverGen Infrastructure is a good investment. Please check the relationship between EverGen Infrastructure Capital Lease Obligations and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverGen Infrastructure 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 board of governors.

Capital Lease Obligations vs Property Plant And Equipment Gross

Capital Lease Obligations vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverGen Infrastructure Capital Lease Obligations account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.

The correlation between EverGen Infrastructure's Capital Lease Obligations and Property Plant And Equipment Gross is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of EverGen Infrastructure Corp, assuming nothing else is changed. The correlation between historical values of EverGen Infrastructure's Capital Lease Obligations and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of EverGen Infrastructure Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Capital Lease Obligations i.e., EverGen Infrastructure's Capital Lease Obligations and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Lease Obligations

EverGen Infrastructure capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to EverGen Infrastructure asset purchases. For example, EverGen Infrastructure can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as EverGen Infrastructure control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Property Plant And Equipment Gross

Most indicators from EverGen Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EverGen Infrastructure 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 EverGen Infrastructure 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 board of governors.

Enterprise Value is likely to climb to about 51.1 M in 2024, despite the fact that Tax Provision is likely to grow to (1.6 M).

	2010	2022	2023	2024 (projected)
Total Operating Expenses	13.1M	14.6M	15.0M	15.7M
Cost Of Revenue	2.8M	3.5M	9.9M	6.0M

Total Operating Expenses Cost Of Revenue

EverGen Infrastructure fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		-0.94	-0.85	0.97	0.92	0.97	0.9	-0.92	0.68	0.17	0.95	0.84	0.98	0.7	0.94	0.85	0.98	0.83	0.37	0.84	0.99	0.91	0.32	0.99	0.46	0.94
Other Current Liab	-0.94		0.96	-0.99	-0.75	-0.99	-0.73	0.76	-0.46	-0.46	-0.81	-0.96	-0.88	-0.56	-0.81	-0.63	-0.94	-0.96	-0.66	-0.64	-0.98	-0.74	-0.59	-0.97	-0.71	-0.91
Total Current Liabilities	-0.85	0.96		-0.94	-0.58	-0.92	-0.55	0.66	-0.28	-0.54	-0.66	-0.97	-0.74	-0.59	-0.66	-0.44	-0.81	-0.96	-0.77	-0.46	-0.9	-0.56	-0.65	-0.9	-0.76	-0.89
Total Stockholder Equity	0.97	-0.99	-0.94		0.8	0.99	0.78	-0.82	0.49	0.37	0.86	0.91	0.91	0.65	0.84	0.69	0.94	0.91	0.55	0.69	0.99	0.78	0.51	0.99	0.64	0.96
Other Liab	0.92	-0.75	-0.58	0.8		0.81	1.0	-0.95	0.86	-0.15	0.99	0.6	0.97	0.66	0.98	0.98	0.92	0.58	0.02	0.97	0.87	1.0	0.0	0.86	0.14	0.79
Net Tangible Assets	0.97	-0.99	-0.92	0.99	0.81		0.79	-0.8	0.53	0.41	0.86	0.93	0.92	0.56	0.86	0.7	0.97	0.93	0.59	0.71	0.99	0.8	0.55	0.98	0.67	0.91
Property Plant And Equipment Net	0.9	-0.73	-0.55	0.78	1.0	0.79		-0.95	0.9	-0.19	0.99	0.59	0.97	0.66	0.99	0.99	0.91	0.57	0.01	0.99	0.86	1.0	-0.04	0.84	0.1	0.76
Retained Earnings	-0.92	0.76	0.66	-0.82	-0.95	-0.8	-0.95		-0.84	0.22	-0.97	-0.65	-0.95	-0.85	-0.95	-0.94	-0.87	-0.62	-0.07	-0.94	-0.88	-0.95	0.06	-0.87	-0.09	-0.86
Accounts Payable	0.68	-0.46	-0.28	0.49	0.86	0.53	0.9	-0.84		-0.46	0.83	0.39	0.78	0.57	0.88	0.9	0.7	0.35	-0.17	0.96	0.62	0.9	-0.34	0.58	-0.22	0.46
Cash	0.17	-0.46	-0.54	0.37	-0.15	0.41	-0.19	0.22	-0.46		-0.1	0.52	0.03	-0.33	-0.08	-0.32	0.22	0.58	0.85	-0.32	0.27	-0.18	0.99	0.29	0.95	0.22
Non Current Assets Total	0.95	-0.81	-0.66	0.86	0.99	0.86	0.99	-0.97	0.83	-0.1		0.67	0.99	0.71	0.99	0.97	0.94	0.65	0.1	0.96	0.92	0.99	0.06	0.91	0.2	0.85
Net Receivables	0.84	-0.96	-0.97	0.91	0.6	0.93	0.59	-0.65	0.39	0.52	0.67		0.76	0.51	0.71	0.46	0.84	1.0	0.8	0.52	0.89	0.6	0.63	0.88	0.74	0.8
Good Will	0.98	-0.88	-0.74	0.91	0.97	0.92	0.97	-0.95	0.78	0.03	0.99	0.76		0.69	0.98	0.92	0.98	0.74	0.23	0.92	0.96	0.97	0.18	0.95	0.32	0.88
Common Stock Shares Outstanding	0.7	-0.56	-0.59	0.65	0.66	0.56	0.66	-0.85	0.57	-0.33	0.71	0.51	0.69		0.66	0.67	0.57	0.45	0.03	0.67	0.66	0.66	-0.2	0.67	-0.06	0.79
Non Current Liabilities Total	0.94	-0.81	-0.66	0.84	0.98	0.86	0.99	-0.95	0.88	-0.08	0.99	0.71	0.98	0.66		0.95	0.95	0.69	0.16	0.97	0.91	0.99	0.07	0.89	0.21	0.8
Capital Lease Obligations	0.85	-0.63	-0.44	0.69	0.98	0.7	0.99	-0.94	0.9	-0.32	0.97	0.46	0.92	0.67	0.95		0.84	0.44	-0.15	0.98	0.78	0.99	-0.18	0.77	-0.04	0.71
Inventory	0.98	-0.94	-0.81	0.94	0.92	0.97	0.91	-0.87	0.7	0.22	0.94	0.84	0.98	0.57	0.95	0.84		0.84	0.39	0.85	0.98	0.92	0.37	0.97	0.5	0.87
Other Current Assets	0.83	-0.96	-0.96	0.91	0.58	0.93	0.57	-0.62	0.35	0.58	0.65	1.0	0.74	0.45	0.69	0.44	0.84		0.82	0.49	0.89	0.58	0.69	0.88	0.79	0.79
Other Stockholder Equity	0.37	-0.66	-0.77	0.55	0.02	0.59	0.01	-0.07	-0.17	0.85	0.1	0.8	0.23	0.03	0.16	-0.15	0.39	0.82		-0.08	0.48	0.02	0.88	0.47	0.9	0.4
Total Liab	0.84	-0.64	-0.46	0.69	0.97	0.71	0.99	-0.94	0.96	-0.32	0.96	0.52	0.92	0.67	0.97	0.98	0.85	0.49	-0.08		0.79	0.99	-0.17	0.76	-0.04	0.67
Net Invested Capital	0.99	-0.98	-0.9	0.99	0.87	0.99	0.86	-0.88	0.62	0.27	0.92	0.89	0.96	0.66	0.91	0.78	0.98	0.89	0.48	0.79		0.86	0.42	1.0	0.55	0.94
Property Plant And Equipment Gross	0.91	-0.74	-0.56	0.78	1.0	0.8	1.0	-0.95	0.9	-0.18	0.99	0.6	0.97	0.66	0.99	0.99	0.92	0.58	0.02	0.99	0.86		-0.03	0.85	0.11	0.76
Total Current Assets	0.32	-0.59	-0.65	0.51	0.0	0.55	-0.04	0.06	-0.34	0.99	0.06	0.63	0.18	-0.2	0.07	-0.18	0.37	0.69	0.88	-0.17	0.42	-0.03		0.43	0.99	0.36
Capital Stock	0.99	-0.97	-0.9	0.99	0.86	0.98	0.84	-0.87	0.58	0.29	0.91	0.88	0.95	0.67	0.89	0.77	0.97	0.88	0.47	0.76	1.0	0.85	0.43		0.56	0.96
Net Working Capital	0.46	-0.71	-0.76	0.64	0.14	0.67	0.1	-0.09	-0.22	0.95	0.2	0.74	0.32	-0.06	0.21	-0.04	0.5	0.79	0.9	-0.04	0.55	0.11	0.99	0.56		0.49
Intangible Assets	0.94	-0.91	-0.89	0.96	0.79	0.91	0.76	-0.86	0.46	0.22	0.85	0.8	0.88	0.79	0.8	0.71	0.87	0.79	0.4	0.67	0.94	0.76	0.36	0.96	0.49

Click cells to compare fundamentals

EverGen Infrastructure Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for EverGen Stock Analysis

When running EverGen Infrastructure's price analysis, check to measure EverGen Infrastructure'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 EverGen Infrastructure is operating at the current time. Most of EverGen Infrastructure's value examination focuses on studying past and present price action to predict the probability of EverGen Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverGen Infrastructure's price. Additionally, you may evaluate how the addition of EverGen Infrastructure 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

EverGen Capital Lease Obligations vs Property Plant And Equipment Gross Analysis

Capital Lease Obligations vs Property Plant And Equipment Gross

Capital Lease Obligations vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Property Plant And Equipment Gross

EverGen Infrastructure fundamental ratios Correlations

EverGen Infrastructure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for EverGen Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Other Liab
Property Plant And Equipment Gross	+ 1.0	Other Liab
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Current Assets	+ 1.0	Net Receivables
Capital Stock	+ 1.0	Net Invested Capital
Net Invested Capital	+ 0.99	Total Assets

Net Tangible Assets	- 0.99	Other Current Liab
Total Stockholder Equity	- 0.99	Other Current Liab
Net Invested Capital	- 0.98	Other Current Liab
Non Current Assets Total	- 0.97	Retained Earnings
Net Receivables	- 0.97	Total Current Liabilities
Capital Stock	- 0.97	Other Current Liab