Evolv Total Assets vs Total Liab Analysis

EVLVW Stock  USD 0.20  0.04  25.00%   
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 Total Liab 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.

Total Assets vs Total Liab

Total Assets vs Total Liab 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 Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evolv Technologies' Total Assets and Total Liab is 0.57. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Liab 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 Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Evolv Technologies' Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
0.820.280.930.740.860.85-0.47-0.920.970.480.880.480.620.940.07-0.40.880.960.960.920.910.740.850.880.71
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
0.850.460.910.970.770.810.8-0.53-0.890.550.830.610.670.990.02-0.410.940.990.950.930.890.770.790.870.75
0.870.520.670.480.930.280.24-1.0-0.340.550.320.940.960.6-0.23-0.760.390.650.690.380.140.930.240.240.94
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
0.950.420.80.620.990.510.48-0.97-0.550.670.960.550.880.7-0.22-0.830.490.770.810.580.310.990.480.450.99
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
0.760.250.840.920.670.930.93-0.39-0.970.930.380.940.410.580.910.09-0.460.880.910.880.880.680.920.980.66
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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