Evolv Issuance Of Capital Stock vs Change To Inventory Analysis

EVLVW Stock  USD 0.33  0  0.64%   
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 Issuance Of Capital Stock and its Change To Inventory 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 real.

Issuance Of Capital Stock vs Change To Inventory

Issuance Of Capital Stock vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Issuance Of Capital Stock account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Evolv Technologies' Issuance Of Capital Stock and Change To Inventory is -0.85. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Change To Inventory 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' Issuance Of Capital Stock and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Evolv Technologies Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Issuance Of Capital Stock i.e., Evolv Technologies' Issuance Of Capital Stock and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Issuance Of Capital Stock

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 real.
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 Expense6.7M712K654K621.3K
Depreciation And Amortization2.9M6.3M9.9M10.4M

Evolv Technologies fundamental ratios Correlations

0.40.930.820.990.70.67-0.88-0.750.850.870.730.810.950.85-0.14-0.750.670.910.950.760.570.990.670.650.98
0.40.310.280.39-0.01-0.03-0.44-0.120.460.520.030.760.420.51-0.450.040.520.490.350.250.270.43-0.050.120.45
0.930.310.930.880.840.82-0.67-0.880.910.670.860.620.80.87-0.19-0.540.720.950.980.840.790.880.820.750.86
0.820.280.930.740.860.85-0.47-0.920.970.470.880.480.620.940.07-0.40.880.960.960.920.910.740.850.880.71
0.990.390.880.740.610.58-0.94-0.660.770.930.650.850.990.78-0.15-0.810.590.850.90.670.451.00.580.561.0
0.7-0.010.840.860.611.0-0.3-0.990.810.281.00.210.510.75-0.01-0.450.680.810.820.930.850.61.00.930.58
0.67-0.030.820.850.581.0-0.27-0.990.80.241.00.180.480.740.01-0.420.670.790.80.930.860.571.00.930.55
-0.88-0.44-0.67-0.47-0.94-0.3-0.270.35-0.53-1.0-0.35-0.91-0.97-0.580.210.81-0.36-0.64-0.7-0.39-0.13-0.94-0.26-0.25-0.95
-0.75-0.12-0.88-0.92-0.66-0.99-0.990.35-0.89-0.34-0.99-0.31-0.55-0.830.030.43-0.77-0.88-0.88-0.97-0.9-0.66-0.98-0.94-0.63
0.850.460.910.970.770.810.8-0.53-0.890.540.830.610.670.990.02-0.410.940.990.950.930.890.770.790.870.75
0.870.520.670.470.930.280.24-1.0-0.340.540.320.940.960.6-0.23-0.760.390.650.690.380.140.930.240.240.94
0.730.030.860.880.651.01.0-0.35-0.990.830.320.260.550.77-0.02-0.470.690.830.840.940.850.641.00.930.62
0.810.760.620.480.850.210.18-0.91-0.310.610.940.260.880.67-0.27-0.580.530.690.660.410.220.870.170.260.88
0.950.420.80.620.990.510.48-0.97-0.550.670.960.550.880.7-0.22-0.830.490.770.810.570.310.990.480.450.99
0.850.510.870.940.780.750.74-0.58-0.830.990.60.770.670.70.08-0.460.960.980.940.910.820.80.720.850.78
-0.14-0.45-0.190.07-0.15-0.010.010.210.030.02-0.23-0.02-0.27-0.220.08-0.180.2-0.07-0.040.09-0.04-0.170.00.23-0.18
-0.750.04-0.54-0.4-0.81-0.45-0.420.810.43-0.41-0.76-0.47-0.58-0.83-0.46-0.18-0.27-0.49-0.59-0.46-0.05-0.79-0.42-0.41-0.8
0.670.520.720.880.590.680.67-0.36-0.770.940.390.690.530.490.960.2-0.270.890.810.880.830.610.650.860.59
0.910.490.950.960.850.810.79-0.64-0.880.990.650.830.690.770.98-0.07-0.490.890.980.910.830.860.780.830.84
0.950.350.980.960.90.820.8-0.7-0.880.950.690.840.660.810.94-0.04-0.590.810.980.880.790.890.80.80.87
0.760.250.840.920.670.930.93-0.39-0.970.930.380.940.410.570.910.09-0.460.880.910.880.880.680.920.980.66
0.570.270.790.910.450.850.86-0.13-0.90.890.140.850.220.310.82-0.04-0.050.830.830.790.880.450.850.870.42
0.990.430.880.741.00.60.57-0.94-0.660.770.930.640.870.990.8-0.17-0.790.610.860.890.680.450.570.561.0
0.67-0.050.820.850.581.01.0-0.26-0.980.790.241.00.170.480.720.0-0.420.650.780.80.920.850.570.920.55
0.650.120.750.880.560.930.93-0.25-0.940.870.240.930.260.450.850.23-0.410.860.830.80.980.870.560.920.54
0.980.450.860.711.00.580.55-0.95-0.630.750.940.620.880.990.78-0.18-0.80.590.840.870.660.421.00.550.54
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Evolv Technologies Account Relationship Matchups

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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.