Evergy, Inventory vs Current Deferred Revenue 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, Inventory and its Current Deferred Revenue 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.

Inventory vs Current Deferred Revenue

Inventory vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evergy, Inventory account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Evergy,'s Inventory and Current Deferred Revenue is 0.11. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Evergy,, assuming nothing else is changed. The correlation between historical values of Evergy,'s Inventory and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Evergy, are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Inventory i.e., Evergy,'s Inventory and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.