Evoke Free Cash Flow vs Change In Working Capital Analysis

EVOK Stock

USD 4.43 0.06 1.37%

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

For more information on how to buy Evoke Stock please use our How to buy in Evoke Stock guide.

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evoke Pharma Free Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between Evoke Pharma's Free Cash Flow and Change In Working Capital is 0.29. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Evoke Pharma, assuming nothing else is changed. The correlation between historical values of Evoke Pharma's Free Cash Flow and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Evoke Pharma are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Free Cash Flow i.e., Evoke Pharma's Free Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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

For more information on how to buy Evoke Stock please use our How to buy in Evoke Stock guide.Selling General Administrative is expected to rise to about 11.6 M this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.

Evoke Pharma fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Long Term Debt	Other Liab	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Retained Earnings Total Equity	Long Term Debt Total
Total Assets		0.08	0.29	0.9	-0.83	-0.11	0.38	0.99	0.99	0.16	-0.06	-0.65	0.17	0.32	-0.62	1.0	0.11	0.45	0.17	0.24	-0.14	-0.19	-0.2	-0.16	-0.08	0.14
Other Current Liab	0.08		0.45	0.14	-0.29	0.23	0.07	0.16	0.16	-0.22	0.25	-0.18	-0.03	-0.05	-0.05	0.08	0.52	-0.13	-0.03	0.08	-0.21	-0.26	-0.33	-0.12	0.03	0.07
Total Current Liabilities	0.29	0.45		0.24	-0.04	-0.47	0.4	0.24	0.24	0.52	-0.03	-0.41	0.54	0.5	-0.15	0.29	0.45	0.48	0.43	-0.06	-0.59	-0.27	-0.35	-0.31	-0.52	0.44
Total Stockholder Equity	0.9	0.14	0.24		-0.82	-0.24	0.6	0.9	0.9	0.27	0.35	-0.88	0.21	0.51	-0.88	0.9	0.32	0.26	0.3	0.33	-0.38	-0.49	-0.48	-0.47	-0.26	0.42
Net Debt	-0.83	-0.29	-0.04	-0.82		-0.28	-0.24	-0.9	-0.9	0.23	-0.19	0.54	0.26	-0.01	0.57	-0.83	-0.11	0.07	0.19	-0.23	-0.11	0.08	0.05	0.01	-0.24	0.08
Retained Earnings	-0.11	0.23	-0.47	-0.24	-0.28		-0.47	0.01	0.01	-0.98	-0.17	0.51	-0.78	-0.93	0.42	-0.11	-0.43	-0.49	-0.67	0.04	0.8	0.56	0.64	0.63	0.97	-0.82
Accounts Payable	0.38	0.07	0.4	0.6	-0.24	-0.47		0.34	0.34	0.43	0.49	-0.78	0.28	0.58	-0.73	0.38	0.29	0.19	0.33	0.66	-0.77	-0.8	-0.69	-0.86	-0.47	0.78
Cash	0.99	0.16	0.24	0.9	-0.9	0.01	0.34		1.0	0.04	-0.02	-0.62	0.07	0.24	-0.6	0.99	0.12	0.35	0.08	0.25	-0.07	-0.17	-0.17	-0.11	0.02	0.07
Cash And Short Term Investments	0.99	0.16	0.24	0.9	-0.9	0.01	0.34	1.0		0.04	-0.02	-0.62	0.07	0.24	-0.6	0.99	0.12	0.35	0.08	0.25	-0.07	-0.17	-0.17	-0.11	0.02	0.07
Common Stock Total Equity	0.16	-0.22	0.52	0.27	0.23	-0.98	0.43	0.04	0.04		0.18	-0.53	0.75	0.91	-0.44	0.16	0.47	0.46	0.66	-0.12	-0.77	-0.49	-0.58	-0.59	-0.96	0.77
Common Stock Shares Outstanding	-0.06	0.25	-0.03	0.35	-0.19	-0.17	0.49	-0.02	-0.02	0.18		-0.6	-0.09	0.28	-0.66	-0.06	0.45	-0.55	0.12	0.2	-0.41	-0.53	-0.51	-0.62	-0.28	0.48
Non Current Liabilities Total	-0.65	-0.18	-0.41	-0.88	0.54	0.51	-0.78	-0.62	-0.62	-0.53	-0.6		-0.35	-0.69	0.96	-0.65	-0.52	-0.17	-0.46	-0.32	0.69	0.72	0.7	0.76	0.56	-0.7
Other Current Assets	0.17	-0.03	0.54	0.21	0.26	-0.78	0.28	0.07	0.07	0.75	-0.09	-0.35		0.78	-0.22	0.17	0.39	0.75	0.8	-0.12	-0.64	-0.4	-0.53	-0.4	-0.76	0.6
Other Stockholder Equity	0.32	-0.05	0.5	0.51	-0.01	-0.93	0.58	0.24	0.24	0.91	0.28	-0.69	0.78		-0.61	0.33	0.54	0.49	0.71	0.05	-0.83	-0.67	-0.76	-0.69	-0.93	0.88
Total Liab	-0.62	-0.05	-0.15	-0.88	0.57	0.42	-0.73	-0.6	-0.6	-0.44	-0.66	0.96	-0.22	-0.61		-0.62	-0.43	-0.05	-0.38	-0.36	0.58	0.69	0.65	0.74	0.46	-0.63
Total Current Assets	1.0	0.08	0.29	0.9	-0.83	-0.11	0.38	0.99	0.99	0.16	-0.06	-0.65	0.17	0.33	-0.62		0.11	0.45	0.17	0.25	-0.15	-0.21	-0.21	-0.17	-0.08	0.14
Common Stock	0.11	0.52	0.45	0.32	-0.11	-0.43	0.29	0.12	0.12	0.47	0.45	-0.52	0.39	0.54	-0.43	0.11		0.04	0.38	-0.08	-0.6	-0.57	-0.59	-0.48	-0.59	0.55
Short Long Term Debt Total	0.45	-0.13	0.48	0.26	0.07	-0.49	0.19	0.35	0.35	0.46	-0.55	-0.17	0.75	0.49	-0.05	0.45	0.04		0.64	0.05	-0.35	-0.19	-0.26	-0.15	-0.4	0.3
Long Term Debt	0.17	-0.03	0.43	0.3	0.19	-0.67	0.33	0.08	0.08	0.66	0.12	-0.46	0.8	0.71	-0.38	0.17	0.38	0.64		-0.17	-0.57	-0.44	-0.53	-0.48	-0.66	0.6
Other Liab	0.24	0.08	-0.06	0.33	-0.23	0.04	0.66	0.25	0.25	-0.12	0.2	-0.32	-0.12	0.05	-0.36	0.25	-0.08	0.05	-0.17		-0.38	-0.61	-0.48	-0.59	0.04	0.38
Net Tangible Assets	-0.14	-0.21	-0.59	-0.38	-0.11	0.8	-0.77	-0.07	-0.07	-0.77	-0.41	0.69	-0.64	-0.83	0.58	-0.15	-0.6	-0.35	-0.57	-0.38		0.88	0.9	0.91	0.87	-0.95
Non Current Assets Total	-0.19	-0.26	-0.27	-0.49	0.08	0.56	-0.8	-0.17	-0.17	-0.49	-0.53	0.72	-0.4	-0.67	0.69	-0.21	-0.57	-0.19	-0.44	-0.61	0.88		0.95	0.95	0.64	-0.89
Non Currrent Assets Other	-0.2	-0.33	-0.35	-0.48	0.05	0.64	-0.69	-0.17	-0.17	-0.58	-0.51	0.7	-0.53	-0.76	0.65	-0.21	-0.59	-0.26	-0.53	-0.48	0.9	0.95		0.91	0.74	-0.9
Other Assets	-0.16	-0.12	-0.31	-0.47	0.01	0.63	-0.86	-0.11	-0.11	-0.59	-0.62	0.76	-0.4	-0.69	0.74	-0.17	-0.48	-0.15	-0.48	-0.59	0.91	0.95	0.91		0.68	-0.92
Retained Earnings Total Equity	-0.08	0.03	-0.52	-0.26	-0.24	0.97	-0.47	0.02	0.02	-0.96	-0.28	0.56	-0.76	-0.93	0.46	-0.08	-0.59	-0.4	-0.66	0.04	0.87	0.64	0.74	0.68		-0.85
Long Term Debt Total	0.14	0.07	0.44	0.42	0.08	-0.82	0.78	0.07	0.07	0.77	0.48	-0.7	0.6	0.88	-0.63	0.14	0.55	0.3	0.6	0.38	-0.95	-0.89	-0.9	-0.92	-0.85

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Evoke Pharma Account Relationship Matchups

Evoke Pharma fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4M	9.4M	10.6M	11.9M	7.1M	10.1M
Other Current Liab	1.9M	6.0M	506.9K	528.1K	(3.7M)	(3.5M)
Total Current Liabilities	2.0M	7.5M	1.4M	1.7M	3.0M	2.3M
Total Stockholder Equity	4.4M	(3.2M)	3.6M	4.1M	(2.6M)	(2.5M)
Net Debt	(5.5M)	(2.8M)	(4.1M)	(4.7M)	260.6K	273.6K
Retained Earnings	(85.7M)	(98.9M)	(107.4M)	(115.6M)	(123.4M)	(117.3M)
Accounts Payable	1.0M	1.3M	874.0K	868.3K	1.7M	1.3M
Cash	5.7M	8.1M	9.1M	9.8M	4.7M	6.6M
Cash And Short Term Investments	5.7M	8.1M	9.1M	9.8M	4.7M	6.6M
Common Stock Total Equity	1.5K	1.7K	2.4K	2.7K	3.1K	3.2K
Common Stock Shares Outstanding	1.9M	177.0K	223.5K	262.0K	278.6K	264.7K
Liabilities And Stockholders Equity	6.4M	9.4M	10.6M	11.9M	7.1M	10.1M
Non Current Liabilities Total	138.5K	5.1M	5.6M	6.1M	6.6M	4.8M
Other Current Assets	581.7K	952.1K	935.3K	964.5K	932.6K	570.4K
Other Stockholder Equity	90.1M	95.7M	111.0M	119.7M	120.9M	75.9M
Total Liab	2.0M	12.6M	7.0M	7.8M	9.6M	6.5M
Total Current Assets	6.2M	9.3M	10.6M	11.7M	6.8M	10.0M
Common Stock	2.4K	2.7K	3.3K	334.0	384.1	364.89
Net Tangible Assets	4.4M	(3.2M)	3.6M	4.1M	3.7M	4.2M
Non Current Assets Total	150.1K	153.3K	12.4K	129.1K	241.6K	253.7K
Retained Earnings Total Equity	(71.0M)	(78.6M)	(85.7M)	(98.9M)	(89.0M)	(93.4M)
Capital Surpluse	73.2M	82.6M	90.1M	95.7M	110.0M	74.9M
Net Invested Capital	4.4M	1.9M	8.6M	9.1M	2.4M	2.3M
Net Working Capital	4.2M	1.7M	9.2M	10.1M	3.8M	6.1M
Capital Stock	2.4K	2.7K	3.3K	334.0	300.6	285.57

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When determining whether Evoke Pharma is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Evoke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Evoke Pharma Stock. Highlighted below are key reports to facilitate an investment decision about Evoke Pharma Stock:

How To Invest In Evoke

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Is Evoke Stock a good investment?

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What is Evoke Pharma's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evoke Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Evoke Stock please use our How to buy in Evoke Stock guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evoke Pharma. If investors know Evoke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evoke Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(10.13)

Revenue Per Share

7.792

Quarterly Revenue Growth

0.698

Return On Assets

(0.34)

Return On Equity

(3.50)

The market value of Evoke Pharma is measured differently than its book value, which is the value of Evoke that is recorded on the company's balance sheet. Investors also form their own opinion of Evoke Pharma's value that differs from its market value or its book value, called intrinsic value, which is Evoke Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evoke Pharma's market value can be influenced by many factors that don't directly affect Evoke Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Evoke Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evoke Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evoke Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Evoke Free Cash Flow vs Change In Working Capital Analysis

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Working Capital

Evoke Pharma fundamental ratios Correlations

Evoke Pharma Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Evoke Pharma fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Cash	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments

Common Stock Total Equity	- 0.98	Retained Earnings
Retained Earnings Total Equity	- 0.96	Common Stock Total Equity
Long Term Debt Total	- 0.95	Net Tangible Assets
Retained Earnings Total Equity	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Retained Earnings
Long Term Debt Total	- 0.92	Other Assets