Evolv Retained Earnings vs Capital Surpluse Analysis

EVLV Stock

USD 3.09 0.10 3.34%

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

Retained Earnings vs Capital Surpluse

Retained Earnings vs Capital Surpluse Correlation Analysis

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

The correlation between Evolv Technologies' Retained Earnings and Capital Surpluse is -0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Evolv Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Evolv Technologies' Retained Earnings and Capital Surpluse 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 Evolv Technologies Holdings are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Retained Earnings i.e., Evolv Technologies' Retained Earnings and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.84

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.

Capital Surpluse

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

Sales General And Administrative To Revenue is likely to climb to 0.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 23.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	712K	654K	621.3K
Depreciation And Amortization	2.9M	6.3M	9.9M	10.4M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.4	0.93	0.82	0.99	0.95	0.92	0.7	0.67	-0.88	-0.75	0.85	0.87	0.73	0.81	0.95	0.95	0.85	-0.14	-0.75	0.67	0.91	0.95	0.76	0.57	0.99
Short Long Term Debt Total	0.4		0.31	0.28	0.39	0.26	0.5	-0.01	-0.03	-0.44	-0.12	0.46	0.52	0.03	0.76	0.3	0.42	0.51	-0.45	0.04	0.52	0.49	0.35	0.25	0.27	0.43
Other Current Liab	0.93	0.31		0.93	0.88	0.95	0.94	0.84	0.82	-0.67	-0.88	0.91	0.67	0.86	0.62	0.96	0.8	0.87	-0.19	-0.54	0.72	0.95	0.98	0.84	0.79	0.88
Total Current Liabilities	0.82	0.28	0.93		0.74	0.88	0.79	0.86	0.85	-0.47	-0.92	0.97	0.48	0.88	0.48	0.87	0.62	0.94	0.07	-0.4	0.88	0.96	0.96	0.92	0.91	0.74
Total Stockholder Equity	0.99	0.39	0.88	0.74		0.91	0.89	0.61	0.58	-0.94	-0.66	0.77	0.93	0.65	0.85	0.91	0.99	0.78	-0.15	-0.81	0.59	0.85	0.9	0.67	0.45	1.0
Other Liab	0.95	0.26	0.95	0.88	0.91		0.9	0.88	0.86	-0.72	-0.9	0.87	0.7	0.9	0.63	1.0	0.86	0.86	-0.12	-0.71	0.7	0.92	0.95	0.89	0.7	0.91
Net Tangible Assets	0.92	0.5	0.94	0.79	0.89	0.9		0.7	0.67	-0.76	-0.75	0.81	0.76	0.73	0.74	0.92	0.85	0.77	-0.47	-0.49	0.59	0.88	0.89	0.7	0.66	0.89
Property Plant And Equipment Net	0.7	-0.01	0.84	0.86	0.61	0.88	0.7		1.0	-0.3	-0.99	0.81	0.28	1.0	0.21	0.87	0.51	0.75	-0.01	-0.45	0.68	0.81	0.82	0.93	0.85	0.6
Current Deferred Revenue	0.67	-0.03	0.82	0.85	0.58	0.86	0.67	1.0		-0.27	-0.99	0.8	0.24	1.0	0.18	0.85	0.48	0.74	0.01	-0.42	0.67	0.79	0.8	0.93	0.86	0.57
Net Debt	-0.88	-0.44	-0.67	-0.47	-0.94	-0.72	-0.76	-0.3	-0.27		0.35	-0.53	-1.0	-0.35	-0.91	-0.72	-0.97	-0.58	0.21	0.81	-0.36	-0.64	-0.7	-0.39	-0.13	-0.94
Retained Earnings	-0.75	-0.12	-0.88	-0.92	-0.66	-0.9	-0.75	-0.99	-0.99	0.35		-0.89	-0.34	-0.99	-0.31	-0.9	-0.55	-0.83	0.03	0.43	-0.77	-0.88	-0.88	-0.97	-0.9	-0.66
Accounts Payable	0.85	0.46	0.91	0.97	0.77	0.87	0.81	0.81	0.8	-0.53	-0.89		0.55	0.83	0.61	0.87	0.67	0.99	0.02	-0.41	0.94	0.99	0.95	0.93	0.89	0.77
Cash	0.87	0.52	0.67	0.48	0.93	0.7	0.76	0.28	0.24	-1.0	-0.34	0.55		0.32	0.94	0.7	0.96	0.6	-0.23	-0.76	0.39	0.65	0.69	0.38	0.14	0.93
Non Current Assets Total	0.73	0.03	0.86	0.88	0.65	0.9	0.73	1.0	1.0	-0.35	-0.99	0.83	0.32		0.26	0.9	0.55	0.77	-0.02	-0.47	0.69	0.83	0.84	0.94	0.85	0.64
Non Currrent Assets Other	0.81	0.76	0.62	0.48	0.85	0.63	0.74	0.21	0.18	-0.91	-0.31	0.61	0.94	0.26		0.64	0.88	0.67	-0.27	-0.58	0.53	0.69	0.66	0.41	0.22	0.87
Other Assets	0.95	0.3	0.96	0.87	0.91	1.0	0.92	0.87	0.85	-0.72	-0.9	0.87	0.7	0.9	0.64		0.86	0.85	-0.2	-0.67	0.69	0.92	0.95	0.87	0.71	0.91
Cash And Short Term Investments	0.95	0.42	0.8	0.62	0.99	0.86	0.85	0.51	0.48	-0.97	-0.55	0.67	0.96	0.55	0.88	0.86		0.7	-0.22	-0.83	0.49	0.77	0.81	0.58	0.31	0.99
Net Receivables	0.85	0.51	0.87	0.94	0.78	0.86	0.77	0.75	0.74	-0.58	-0.83	0.99	0.6	0.77	0.67	0.85	0.7		0.08	-0.46	0.96	0.98	0.94	0.91	0.82	0.8
Common Stock Shares Outstanding	-0.14	-0.45	-0.19	0.07	-0.15	-0.12	-0.47	-0.01	0.01	0.21	0.03	0.02	-0.23	-0.02	-0.27	-0.2	-0.22	0.08		-0.18	0.2	-0.07	-0.04	0.09	-0.04	-0.17
Non Current Liabilities Total	-0.75	0.04	-0.54	-0.4	-0.81	-0.71	-0.49	-0.45	-0.42	0.81	0.43	-0.41	-0.76	-0.47	-0.58	-0.67	-0.83	-0.46	-0.18		-0.27	-0.49	-0.59	-0.46	-0.05	-0.79
Capital Lease Obligations	0.67	0.52	0.72	0.88	0.59	0.7	0.59	0.68	0.67	-0.36	-0.77	0.94	0.39	0.69	0.53	0.69	0.49	0.96	0.2	-0.27		0.89	0.81	0.88	0.83	0.61
Inventory	0.91	0.49	0.95	0.96	0.85	0.92	0.88	0.81	0.79	-0.64	-0.88	0.99	0.65	0.83	0.69	0.92	0.77	0.98	-0.07	-0.49	0.89		0.98	0.91	0.83	0.86
Other Current Assets	0.95	0.35	0.98	0.96	0.9	0.95	0.89	0.82	0.8	-0.7	-0.88	0.95	0.69	0.84	0.66	0.95	0.81	0.94	-0.04	-0.59	0.81	0.98		0.88	0.79	0.89
Other Stockholder Equity	0.76	0.25	0.84	0.92	0.67	0.89	0.7	0.93	0.93	-0.39	-0.97	0.93	0.38	0.94	0.41	0.87	0.58	0.91	0.09	-0.46	0.88	0.91	0.88		0.88	0.68
Total Liab	0.57	0.27	0.79	0.91	0.45	0.7	0.66	0.85	0.86	-0.13	-0.9	0.89	0.14	0.85	0.22	0.71	0.31	0.82	-0.04	-0.05	0.83	0.83	0.79	0.88		0.45
Net Invested Capital	0.99	0.43	0.88	0.74	1.0	0.91	0.89	0.6	0.57	-0.94	-0.66	0.77	0.93	0.64	0.87	0.91	0.99	0.8	-0.17	-0.79	0.61	0.86	0.89	0.68	0.45

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Evolv Retained Earnings vs Capital Surpluse Analysis

Retained Earnings vs Capital Surpluse

Retained Earnings vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Retained Earnings

Capital Surpluse

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Evolv Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Current Deferred Revenue
Total Stockholder Equity	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Current Deferred Revenue
Retained Earnings	- 0.99	Property Plant And Equipment Net
Other Stockholder Equity	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt