Evolv Total Liab vs Short Term Investments Analysis

EVLVW Stock  USD 0.24  0.04  20.00%   
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 Liab and its Short Term Investments 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 Liab vs Short Term Investments

Total Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Total Liab account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Evolv Technologies' Total Liab and Short Term Investments is 0.78. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Term Investments 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 Liab and Short Term Investments 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 Liab of Evolv Technologies Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Liab i.e., Evolv Technologies' Total Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Evolv Technologies balance sheet. It contains any investments Evolv Technologies Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Evolv Technologies can easily liquidate in the marketplace.
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
0.950.420.80.620.990.510.48-0.97-0.550.670.960.550.880.7-0.22-0.830.490.770.810.570.310.990.480.450.99
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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