Evertec Income Tax Expense vs Non Operating Income Net Other Analysis
| EVTC Stock | USD 36.06 1.22 3.50% |
Evertec financial indicator trend analysis is much more than just examining Evertec latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evertec is a good investment. Please check the relationship between Evertec Income Tax Expense and its Non Operating Income Net Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.
Income Tax Expense vs Non Operating Income Net Other
Income Tax Expense vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evertec Income Tax Expense account and Non Operating Income Net Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Evertec's Income Tax Expense and Non Operating Income Net Other is 0.56. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Evertec, assuming nothing else is changed. The correlation between historical values of Evertec's Income Tax Expense and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Evertec are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Tax Expense i.e., Evertec's Income Tax Expense and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Income Tax Expense
Non Operating Income Net Other
Most indicators from Evertec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evertec 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 Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.At present, Evertec's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.93, whereas Selling General Administrative is forecasted to decline to about 62.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.8M | 24.8M | 32.3M | 25.3M | Depreciation And Amortization | 80.9M | 84.7M | 93.6M | 79.7M |
Evertec fundamental ratios Correlations
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Evertec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Evertec fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.0B | 1.1B | 1.1B | 1.1B | 2.1B | 1.2B | |
| Short Long Term Debt Total | 555.6M | 523.5M | 486.6M | 447.0M | 986.4M | 503.3M | |
| Other Current Liab | 64.5M | 52.9M | 70.5M | 90.3M | 170.1M | 178.6M | |
| Total Current Liabilities | 144.3M | 153.0M | 152.9M | 208.4M | 298.3M | 158.7M | |
| Total Stockholder Equity | 267.2M | 337.7M | 466.2M | 471.5M | 594.3M | 624.0M | |
| Other Liab | 45.6M | 73.7M | 47.0M | 48.3M | 55.5M | 37.4M | |
| Property Plant And Equipment Net | 73.8M | 71.1M | 69.8M | 72.3M | 77.2M | 54.8M | |
| Current Deferred Revenue | 20.7M | 25.0M | 17.4M | 15.2M | 21.1M | 13.0M | |
| Net Debt | 444.6M | 320.9M | 220.2M | 249.7M | 690.8M | 416.5M | |
| Retained Earnings | 296.5M | 379.9M | 506.1M | 487.3M | 538.9M | 565.8M | |
| Accounts Payable | 39.2M | 43.3M | 28.5M | 46.8M | 66.5M | 39.6M | |
| Cash | 111.0M | 202.6M | 266.4M | 197.2M | 295.6M | 310.4M | |
| Non Current Assets Total | 735.7M | 713.5M | 708.4M | 742.6M | 1.5B | 897.6M | |
| Non Currrent Assets Other | 5.3M | 6.0M | 9.9M | 24.0M | 27.0M | 28.4M | |
| Other Assets | 4.3M | 52.4M | 16.9M | 15.5M | 17.8M | 16.6M | |
| Long Term Debt | 510.9M | 481.0M | 458.2M | 389.5M | 946.8M | 994.2M | |
| Cash And Short Term Investments | 111.0M | 202.6M | 266.4M | 197.2M | 295.6M | 310.4M | |
| Net Receivables | 106.8M | 87.4M | 103.5M | 114.5M | 135.5M | 99.7M | |
| Good Will | 399.5M | 397.7M | 393.3M | 423.4M | 791.7M | 458.9M | |
| Common Stock Total Equity | 720K | 721K | 719K | 648K | 583.2K | 583.1K | |
| Common Stock Shares Outstanding | 73.5M | 73.1M | 72.9M | 69.3M | 65.8M | 59.4M | |
| Liabilities And Stockholders Equity | 1.0B | 1.1B | 1.1B | 1.1B | 2.1B | 1.2B | |
| Non Current Liabilities Total | 595.7M | 577.2M | 521.6M | 448.6M | 1.1B | 717.3M | |
| Inventory | 39.2M | 43.7M | 38.0M | 18.4M | 30.8M | 27.7M | |
| Other Current Assets | 19.0M | 69.0M | 66.5M | 89.4M | 130.3M | 136.8M | |
| Other Stockholder Equity | 296.5M | 5.3M | 7.6M | 487.3M | 36.5M | 34.7M | |
| Total Liab | 740.1M | 730.2M | 674.5M | 657.0M | 1.4B | 876.1M | |
| Property Plant And Equipment Gross | 73.8M | 71.1M | 69.8M | 72.3M | 221.4M | 232.4M | |
| Total Current Assets | 276.0M | 359.0M | 436.4M | 389.1M | 561.4M | 589.4M | |
| Accumulated Other Comprehensive Income | (30.0M) | (48.3M) | (48.1M) | (16.5M) | 18.2M | 19.1M | |
| Short Term Debt | 20.0M | 25.9M | 30.9M | 46.7M | 37.3M | 28.9M | |
| Intangible Assets | 241.9M | 219.9M | 213.3M | 200.3M | 518.1M | 544.0M | |
| Common Stock | 720K | 721K | 719K | 648K | 654K | 578.5K | |
| Property Plant Equipment | 43.8M | 43.5M | 48.5M | 56.4M | 64.8M | 43.7M | |
| Noncontrolling Interest In Consolidated Entity | 4.4M | 4.7M | 4.1M | 3.2M | 3.7M | 3.1M | |
| Retained Earnings Total Equity | 296.5M | 379.9M | 506.1M | 487.3M | 560.5M | 588.5M | |
| Deferred Long Term Liab | 4.3M | 2.7M | 2.4M | 10.1M | 9.1M | 11.2M | |
| Net Tangible Assets | (374.2M) | (279.8M) | (140.4M) | (152.2M) | (175.0M) | (183.8M) | |
| Long Term Investments | 12.3M | 12.8M | 12.1M | 22.1M | 32.7M | 16.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Evertec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evertec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evertec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evertec Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evertec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Evertec Stock refer to our How to Trade Evertec Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Transaction & Payment Processing Services 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 Evertec. If investors know Evertec 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 Evertec 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 1.533 | Dividend Share 0.2 | Earnings Share 1.25 | Revenue Per Share 12.741 | Quarterly Revenue Growth 0.223 |
The market value of Evertec is measured differently than its book value, which is the value of Evertec that is recorded on the company's balance sheet. Investors also form their own opinion of Evertec's value that differs from its market value or its book value, called intrinsic value, which is Evertec'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 Evertec's market value can be influenced by many factors that don't directly affect Evertec'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 Evertec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evertec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evertec'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.