EVI Non Operating Income Net Other vs Income Tax Expense 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 Non Operating Income Net Other and its Income Tax Expense 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.
Non Operating Income Net Other vs Income Tax Expense
Non Operating Income Net Other vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVI Industries Non Operating Income Net Other account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between EVI Industries' Non Operating Income Net Other and Income Tax Expense is 0.7. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Tax Expense 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' Non Operating Income Net Other and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of EVI Industries are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Non Operating Income Net Other i.e., EVI Industries' Non Operating Income Net Other and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Operating Income Net Other
Income Tax Expense
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 |
EVI Industries fundamental ratios Correlations
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EVI Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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: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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.