Evolv Total Assets vs Long Term Debt Total 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 Total Assets and its Long Term Debt Total 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.
Total Assets vs Long Term Debt Total
Total Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Evolv Technologies' Total Assets and Long Term Debt Total is -0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total 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' Total Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Evolv Technologies Holdings are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Evolv Technologies' Total Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Evolv Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Evolv Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt Total
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 |
Evolv Technologies fundamental ratios Correlations
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Evolv Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Evolv Stock Analysis
When running Evolv Technologies' price analysis, check to measure Evolv Technologies' 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 Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.