EVI Gross Profit vs Operating Income Analysis

EVI Stock

USD 20.08 1.08 5.68%

EVI Industries financial indicator trend analysis is much more than just examining EVI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVI Industries is a good investment. Please check the relationship between EVI Industries Gross Profit and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVI Industries Gross Profit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between EVI Industries' Gross Profit and Operating Income is 0.73. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of EVI Industries, assuming nothing else is changed. The correlation between historical values of EVI Industries' Gross Profit and Operating 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 Gross Profit of EVI Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., EVI Industries' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EVI Industries minus its cost of goods sold. It is profit before EVI Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from EVI Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of EVI Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from EVI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVI Industries 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 EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.As of now, EVI Industries' Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Gross Profit	73.7M	103.7M	105.3M	110.5M
Total Revenue	267.3M	354.2M	353.6M	371.2M

Gross Profit Total Revenue

EVI Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.79	0.77	0.98	0.99	0.96	0.88	0.92	0.08	0.99	0.08	0.99	0.82	0.88	0.98	0.92	0.99	0.99	0.91	0.99	0.9	0.96	0.87	0.96	0.99	0.79
Short Long Term Debt Total	0.79		0.73	0.73	0.74	0.68	0.95	0.57	0.31	0.77	0.31	0.81	0.82	0.97	0.77	0.76	0.77	0.85	0.56	0.81	0.56	0.83	0.56	0.78	0.77	0.74
Other Current Liab	0.77	0.73		0.8	0.72	0.76	0.75	0.71	0.03	0.73	0.03	0.79	0.65	0.76	0.82	0.85	0.7	0.82	0.66	0.81	0.7	0.7	0.54	0.78	0.71	0.58
Total Current Liabilities	0.98	0.73	0.8		0.98	0.97	0.82	0.94	0.05	0.97	0.05	0.98	0.78	0.82	0.98	0.93	0.97	0.98	0.93	0.98	0.93	0.92	0.85	0.97	0.96	0.76
Total Stockholder Equity	0.99	0.74	0.72	0.98		0.97	0.84	0.93	0.06	1.0	0.06	0.98	0.8	0.83	0.96	0.9	1.0	0.97	0.93	0.97	0.91	0.96	0.9	0.94	0.99	0.78
Property Plant And Equipment Net	0.96	0.68	0.76	0.97	0.97		0.76	0.95	0.13	0.95	0.13	0.94	0.71	0.78	0.95	0.93	0.95	0.94	0.96	0.96	0.97	0.88	0.88	0.95	0.94	0.68
Net Debt	0.88	0.95	0.75	0.82	0.84	0.76		0.68	0.06	0.87	0.06	0.9	0.83	0.96	0.86	0.8	0.87	0.92	0.67	0.88	0.63	0.91	0.66	0.83	0.88	0.72
Retained Earnings	0.92	0.57	0.71	0.94	0.93	0.95	0.68		0.02	0.9	0.02	0.92	0.61	0.7	0.95	0.92	0.89	0.89	0.99	0.94	0.94	0.79	0.91	0.85	0.89	0.63
Cash	0.08	0.31	0.03	0.05	0.06	0.13	0.06	0.02		0.07	1.0	0.03	0.08	0.28	0.05	0.16	0.07	0.11	0.06	0.1	0.17	0.07	0.07	0.2	0.05	0.2
Non Current Assets Total	0.99	0.77	0.73	0.97	1.0	0.95	0.87	0.9	0.07		0.07	0.98	0.84	0.85	0.95	0.89	1.0	0.98	0.89	0.97	0.88	0.98	0.88	0.95	1.0	0.8
Cash And Short Term Investments	0.08	0.31	0.03	0.05	0.06	0.13	0.06	0.02	1.0	0.07		0.03	0.08	0.28	0.05	0.16	0.07	0.11	0.06	0.1	0.17	0.07	0.07	0.2	0.05	0.2
Net Receivables	0.99	0.81	0.79	0.98	0.98	0.94	0.9	0.92	0.03	0.98	0.03		0.81	0.89	0.98	0.92	0.98	0.99	0.9	0.99	0.86	0.95	0.84	0.94	0.98	0.78
Common Stock Shares Outstanding	0.82	0.82	0.65	0.78	0.8	0.71	0.83	0.61	0.08	0.84	0.08	0.81		0.78	0.73	0.68	0.84	0.82	0.58	0.77	0.61	0.89	0.63	0.8	0.85	0.93
Non Current Liabilities Total	0.88	0.97	0.76	0.82	0.83	0.78	0.96	0.7	0.28	0.85	0.28	0.89	0.78		0.86	0.83	0.85	0.92	0.69	0.89	0.66	0.88	0.67	0.85	0.85	0.72
Inventory	0.98	0.77	0.82	0.98	0.96	0.95	0.86	0.95	0.05	0.95	0.05	0.98	0.73	0.86		0.96	0.94	0.98	0.94	0.99	0.9	0.89	0.85	0.93	0.94	0.71
Other Current Assets	0.92	0.76	0.85	0.93	0.9	0.93	0.8	0.92	0.16	0.89	0.16	0.92	0.68	0.83	0.96		0.88	0.93	0.92	0.95	0.91	0.82	0.85	0.89	0.87	0.65
Other Stockholder Equity	0.99	0.77	0.7	0.97	1.0	0.95	0.87	0.89	0.07	1.0	0.07	0.98	0.84	0.85	0.94	0.88		0.97	0.89	0.96	0.87	0.98	0.88	0.95	1.0	0.8
Total Liab	0.99	0.85	0.82	0.98	0.97	0.94	0.92	0.89	0.11	0.98	0.11	0.99	0.82	0.92	0.98	0.93	0.97		0.88	0.99	0.87	0.95	0.82	0.96	0.97	0.78
Property Plant And Equipment Gross	0.91	0.56	0.66	0.93	0.93	0.96	0.67	0.99	0.06	0.89	0.06	0.9	0.58	0.69	0.94	0.92	0.89	0.88		0.92	0.96	0.78	0.92	0.86	0.88	0.59
Total Current Assets	0.99	0.81	0.81	0.98	0.97	0.96	0.88	0.94	0.1	0.97	0.1	0.99	0.77	0.89	0.99	0.95	0.96	0.99	0.92		0.9	0.92	0.85	0.95	0.96	0.75
Short Term Debt	0.9	0.56	0.7	0.93	0.91	0.97	0.63	0.94	0.17	0.88	0.17	0.86	0.61	0.66	0.9	0.91	0.87	0.87	0.96	0.9		0.78	0.85	0.92	0.86	0.62
Intangible Assets	0.96	0.83	0.7	0.92	0.96	0.88	0.91	0.79	0.07	0.98	0.07	0.95	0.89	0.88	0.89	0.82	0.98	0.95	0.78	0.92	0.78		0.8	0.92	0.98	0.82
Non Currrent Assets Other	0.87	0.56	0.54	0.85	0.9	0.88	0.66	0.91	0.07	0.88	0.07	0.84	0.63	0.67	0.85	0.85	0.88	0.82	0.92	0.85	0.85	0.8		0.77	0.87	0.61
Accounts Payable	0.96	0.78	0.78	0.97	0.94	0.95	0.83	0.85	0.2	0.95	0.2	0.94	0.8	0.85	0.93	0.89	0.95	0.96	0.86	0.95	0.92	0.92	0.77		0.94	0.77
Good Will	0.99	0.77	0.71	0.96	0.99	0.94	0.88	0.89	0.05	1.0	0.05	0.98	0.85	0.85	0.94	0.87	1.0	0.97	0.88	0.96	0.86	0.98	0.87	0.94		0.81
Common Stock Total Equity	0.79	0.74	0.58	0.76	0.78	0.68	0.72	0.63	0.2	0.8	0.2	0.78	0.93	0.72	0.71	0.65	0.8	0.78	0.59	0.75	0.62	0.82	0.61	0.77	0.81

Click cells to compare fundamentals

EVI Industries Account Relationship Matchups

High Positive Relationship

Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Non Current Assets Total
Good Will	+ 1.0	Other Stockholder Equity

High Negative Relationship

Not Found

EVI Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	160.7M	177.9M	230.8M	253.8M	230.7M	242.2M
Short Long Term Debt Total	33.0M	19.6M	36.1M	44.5M	21.9M	12.0M
Other Current Liab	4.8M	33.9M	64.8M	73.4M	19.0M	19.9M
Total Current Liabilities	42.5M	49.5M	74.8M	76.4M	69.8M	73.3M
Total Stockholder Equity	87.8M	106.7M	117.7M	131.0M	136.6M	143.4M
Property Plant And Equipment Net	13.3M	17.7M	20.5M	21.7M	22.0M	23.1M
Net Debt	23.3M	13.5M	32.1M	38.5M	17.3M	18.2M
Retained Earnings	10.4M	18.8M	22.9M	32.6M	34.2M	35.9M
Cash	9.8M	6.1M	4.0M	5.9M	4.6M	3.1M
Non Current Assets Total	96.1M	112.6M	125.2M	128.3M	128.7M	135.2M
Cash And Short Term Investments	9.8M	6.1M	4.0M	5.9M	4.6M	3.1M
Net Receivables	26.5M	30.7M	47.7M	51.9M	44.6M	46.9M
Common Stock Shares Outstanding	12.2M	12.6M	12.7M	12.8M	13.2M	8.4M
Liabilities And Stockholders Equity	160.7M	177.9M	230.8M	253.8M	230.7M	242.2M
Non Current Liabilities Total	30.4M	21.6M	38.2M	46.4M	24.3M	25.5M
Inventory	24.1M	25.1M	49.4M	59.2M	47.9M	50.3M
Other Current Assets	3.0M	3.3M	4.6M	8.5M	4.9M	5.1M
Other Stockholder Equity	77.1M	87.6M	94.5M	98.0M	102.1M	107.2M
Total Liab	72.9M	71.1M	113.1M	122.9M	94.1M	98.8M
Property Plant And Equipment Gross	13.3M	17.7M	20.5M	33.8M	37.4M	39.3M
Total Current Assets	64.7M	65.2M	105.6M	125.5M	101.9M	107.0M
Short Term Debt	4.4M	4.3M	5.0M	6.1M	6.2M	6.5M
Intangible Assets	21.8M	23.7M	26.2M	24.1M	22.0M	23.1M
Non Currrent Assets Other	4.3M	7.4M	1.8M	9.2M	9.6M	10.0M
Accounts Payable	24.3M	20.7M	30.8M	26.7M	23.1M	24.3M
Good Will	56.7M	63.9M	71.0M	73.4M	75.1M	78.9M
Common Stock Total Equity	296K	301K	310K	316K	363.4K	214.6K
Common Stock	301K	310K	316K	318K	322K	218.4K
Other Assets	4.3M	7.4M	7.4M	9.2M	10.5M	11.1M
Long Term Debt	25.0M	11.9M	27.8M	34.9M	12.9M	12.3M
Property Plant Equipment	13.3M	17.7M	13.0M	21.7M	24.9M	26.2M
Treasury Stock	(1.4M)	(2.0M)	(2.9M)	(3.1M)	(2.8M)	(2.6M)
Current Deferred Revenue	9.1M	13.6M	21.8M	24.0M	24.4M	25.6M
Net Tangible Assets	9.4M	19.2M	20.4M	33.4M	38.5M	40.4M
Retained Earnings Total Equity	9.6M	10.4M	18.8M	22.9M	26.3M	27.6M
Capital Surpluse	79.1M	90.5M	97.5M	101.2M	116.4M	122.2M
Deferred Long Term Liab	1.7M	1.7M	4.2M	4.7M	5.4M	5.6M

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When determining whether EVI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EVI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evi Industries Stock:

How To Invest In EVI

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Is EVI Stock a good investment?

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What is EVI Industries' Net Worth?

Details

Largest Trading Companies & Distributors Companies

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Largest Industrial Distribution Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EVI Industries. If investors know EVI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EVI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.34

Earnings Share

0.49

Revenue Per Share

28.33

Quarterly Revenue Growth

0.063

Return On Assets

0.0354

The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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EVI Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

EVI Industries fundamental ratios Correlations

EVI Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EVI Industries fundamental ratios Accounts

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