EverGen Retained Earnings vs Net Invested Capital 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 Retained Earnings and its Net Invested Capital 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EverGen Infrastructure Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between EverGen Infrastructure's Retained Earnings and Net Invested Capital is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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 Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of EverGen Infrastructure Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., EverGen Infrastructure's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

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EverGen Retained Earnings vs Net Invested Capital Analysis

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Invested Capital

EverGen Infrastructure fundamental ratios Correlations

EverGen Infrastructure Account Relationship Matchups

High Positive Relationship

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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