Evergy, Cash vs Accounts Payable Analysis

EVRG Stock  USD 64.56  0.19  0.30%   
Evergy, financial indicator trend analysis is much more than just examining Evergy, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evergy, is a good investment. Please check the relationship between Evergy, Cash and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evergy, Cash account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evergy,'s Cash and Accounts Payable is 0.52. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Evergy,, assuming nothing else is changed. The correlation between historical values of Evergy,'s Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Evergy, are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Evergy,'s Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Evergy,, which is listed under current asset account on Evergy, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Evergy, customers. The amounts must be unrestricted with restricted cash listed in a different Evergy, account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents Evergy, obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Evergy, are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Evergy,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evergy, 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 Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.The current Selling General Administrative is estimated to decrease to about 276 M. The current Tax Provision is estimated to decrease to about 14.8 M
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.6B1.7B1.6B
Total Revenue5.6B5.9B5.5B5.8B

Evergy, fundamental ratios Correlations

0.950.930.760.890.950.950.930.880.930.50.950.350.490.710.950.890.78-0.720.940.860.850.910.390.940.94
0.950.990.920.980.991.00.990.950.980.511.00.460.50.820.990.970.78-0.871.00.870.960.960.290.980.99
0.930.990.930.980.960.991.00.970.980.430.990.480.420.861.00.980.77-0.861.00.840.950.930.270.960.99
0.760.920.930.960.890.910.930.90.890.450.920.570.450.860.90.940.68-0.880.920.750.960.880.00.860.91
0.890.980.980.960.970.980.980.940.950.460.980.490.460.870.960.970.74-0.880.980.850.990.950.140.930.97
0.950.990.960.890.970.980.960.90.960.60.980.420.60.750.970.930.78-0.870.970.90.950.990.280.970.98
0.951.00.990.910.980.980.990.960.980.51.00.460.490.830.990.970.78-0.861.00.870.950.960.290.980.99
0.930.991.00.930.980.960.990.970.980.420.990.480.410.871.00.980.77-0.851.00.830.950.930.270.960.99
0.880.950.970.90.940.90.960.970.930.30.950.490.290.930.960.980.71-0.750.960.770.920.850.230.940.94
0.930.980.980.890.950.960.980.980.930.520.980.340.510.80.980.920.87-0.880.980.870.910.940.420.950.98
0.50.510.430.450.460.60.50.420.30.520.50.151.00.040.450.370.6-0.570.460.590.450.650.210.530.51
0.951.00.990.920.980.981.00.990.950.980.50.460.50.821.00.970.78-0.871.00.860.950.960.290.980.99
0.350.460.480.570.490.420.460.480.490.340.150.460.160.430.470.60.02-0.270.480.140.510.37-0.420.410.45
0.490.50.420.450.460.60.490.410.290.511.00.50.160.040.450.370.6-0.570.450.580.450.650.20.520.51
0.710.820.860.860.870.750.830.870.930.80.040.820.430.040.840.890.62-0.640.850.640.860.690.050.770.8
0.950.991.00.90.960.970.991.00.960.980.451.00.470.450.840.970.78-0.841.00.840.930.930.320.970.99
0.890.970.980.940.970.930.970.980.980.920.370.970.60.370.890.970.68-0.780.980.770.960.890.110.940.96
0.780.780.770.680.740.780.780.770.710.870.60.780.020.60.620.780.68-0.720.780.860.710.780.510.780.8
-0.72-0.87-0.86-0.88-0.88-0.87-0.86-0.85-0.75-0.88-0.57-0.87-0.27-0.57-0.64-0.84-0.78-0.72-0.86-0.8-0.87-0.93-0.29-0.82-0.88
0.941.01.00.920.980.971.01.00.960.980.461.00.480.450.851.00.980.78-0.860.840.950.940.290.970.99
0.860.870.840.750.850.90.870.830.770.870.590.860.140.580.640.840.770.86-0.80.840.830.90.310.850.86
0.850.960.950.960.990.950.950.950.920.910.450.950.510.450.860.930.960.71-0.870.950.830.930.070.910.94
0.910.960.930.880.950.990.960.930.850.940.650.960.370.650.690.930.890.78-0.930.940.90.930.290.940.96
0.390.290.270.00.140.280.290.270.230.420.210.29-0.420.20.050.320.110.51-0.290.290.310.070.290.360.33
0.940.980.960.860.930.970.980.960.940.950.530.980.410.520.770.970.940.78-0.820.970.850.910.940.360.98
0.940.990.990.910.970.980.990.990.940.980.510.990.450.510.80.990.960.8-0.880.990.860.940.960.330.98
Click cells to compare fundamentals

Evergy, Account Relationship Matchups

Evergy, fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding239.9M227.5M229.6M230.3M230.5M242.0M
Total Assets26.0B27.1B28.5B29.5B32.2B33.9B
Short Long Term Debt Total10.0B10.3B11.2B12.0B13.3B13.9B
Other Current Liab284.1M407.3M422.7M577.8M619.9M650.9M
Total Current Liabilities2.3B2.4B3.1B3.5B3.5B3.7B
Total Stockholder Equity8.6B8.7B9.2B9.5B9.7B10.1B
Property Plant And Equipment Net19.3B20.1B21.2B22.3B23.8B25.0B
Net Debt9.9B10.2B11.1B12.0B13.2B13.9B
Retained Earnings1.6B1.7B2.1B2.3B2.5B2.6B
Accounts Payable528.8M654M639.7M600.8M616.9M647.7M
Cash23.2M144.9M26.2M25.2M27.7M35.9M
Non Current Assets Total24.5B25.5B26.8B27.6B30.5B32.0B
Non Currrent Assets Other511.5M527.7M563.4M384.2M3.5B3.7B
Cash And Short Term Investments23.2M144.9M26.2M25.2M27.7M37.9M
Net Receivables314M336.8M568.6M683.6M610.4M640.9M
Liabilities And Stockholders Equity26.0B27.1B28.5B29.5B32.2B33.9B
Non Current Liabilities Total15.1B16.0B16.2B16.5B19.0B20.0B
Inventory481.6M504.5M566.7M672.9M776.2M815.0M
Other Current Assets231.7M638.1M548.8M460.3M374.8M262.1M
Other Stockholder Equity(50M)(49.4M)(44M)(34.5M)(31.1M)(29.5M)
Total Liab17.4B18.4B19.3B20.0B22.6B23.7B
Total Current Assets1.5B1.6B1.7B1.8B1.8B916.1M
Short Term Debt1.2B1.2B1.9B2.2B2.1B2.2B
Common Stock7.1B7.1B7.2B7.2B7.2B7.6B
Current Deferred Revenue338.7M362.9M340.3M156.7M141.0M195.5M
Accumulated Other Comprehensive Income(50M)(49.4M)(44M)(34.5M)(29.6M)(31.1M)
Other Liab6.3B6.8B6.9B6.5B7.5B7.8B
Other Assets3.0B3.2B3.3B3.1B3.6B3.8B
Long Term Debt8.8B9.2B9.3B9.9B11.1B11.6B
Property Plant Equipment19.2B20.0B21.0B22.1B25.5B26.7B
Common Stock Total Equity8.7B7.1B7.1B7.2B8.3B8.7B
Property Plant And Equipment Gross19.3B20.1B32.9B34.8B37.0B38.9B
Net Tangible Assets6.2B8.7B9.2B9.5B10.9B6.9B
Deferred Long Term Liab1.7B1.9B2.0B2.2B2.5B1.5B
Short Long Term Debt1.2B1.1B1.9B2.1B2.1B1.2B
Long Term Debt Total8.8B9.2B9.3B9.9B11.4B7.5B

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When determining whether Evergy, is a strong investment it is important to analyze Evergy,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evergy,'s future performance. For an informed investment choice regarding Evergy, Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evergy,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electric Utilities 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 Evergy,. If investors know Evergy, 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 Evergy, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.322
Dividend Share
2.57
Earnings Share
3.7
Revenue Per Share
25.096
Quarterly Revenue Growth
0.085
The market value of Evergy, is measured differently than its book value, which is the value of Evergy, that is recorded on the company's balance sheet. Investors also form their own opinion of Evergy,'s value that differs from its market value or its book value, called intrinsic value, which is Evergy,'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 Evergy,'s market value can be influenced by many factors that don't directly affect Evergy,'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 Evergy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergy,'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.