Enviri Total Stockholder Equity vs Good Will Analysis

NVRI Stock   7.40  0.07  0.95%   
Enviri financial indicator trend analysis is much more than just examining Enviri latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enviri is a good investment. Please check the relationship between Enviri Total Stockholder Equity and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enviri. 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 Enviri Stock please use our How to Invest in Enviri guide.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enviri Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enviri's Total Stockholder Equity and Good Will is 0.58. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of Enviri, assuming nothing else is changed. The correlation between historical values of Enviri's Total Stockholder Equity and Good Will 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 Stockholder Equity of Enviri are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., Enviri's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Enviri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enviri 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enviri. 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 Enviri Stock please use our How to Invest in Enviri guide.As of now, Enviri's Selling General Administrative is decreasing as compared to previous years. The Enviri's current Discontinued Operations is estimated to increase to about 7 M, while Tax Provision is projected to decrease to under 17.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit357.8M335.7M435.6M549.2M
Total Revenue1.8B1.9B2.1B2.3B

Enviri fundamental ratios Correlations

0.750.810.90.720.840.740.910.610.990.680.610.65-0.620.89-0.190.61-0.630.930.480.880.50.60.860.640.63
0.750.60.640.410.471.00.630.410.780.540.410.2-0.650.77-0.540.93-0.620.770.650.530.670.780.570.630.58
0.810.60.840.630.760.580.60.820.750.790.820.59-0.40.66-0.210.51-0.390.730.660.840.330.330.840.510.4
0.90.640.840.590.850.630.810.690.860.670.690.71-0.720.79-0.090.45-0.70.880.550.880.530.30.840.710.7
0.720.410.630.590.780.390.650.580.650.60.570.72-0.130.340.090.39-0.130.420.470.820.290.390.870.050.06
0.840.470.760.850.780.450.740.680.750.650.670.9-0.460.610.230.32-0.440.70.540.970.280.180.90.390.41
0.741.00.580.630.390.450.630.370.780.530.370.18-0.650.78-0.560.93-0.630.770.620.50.660.790.550.640.6
0.910.630.60.810.650.740.630.370.920.410.370.65-0.740.82-0.180.44-0.770.850.320.750.340.60.770.720.77
0.610.410.820.690.580.680.370.370.530.581.00.48-0.140.410.020.4-0.120.50.660.750.440.130.710.30.13
0.990.780.750.860.650.750.780.920.530.640.530.54-0.650.93-0.280.64-0.660.950.420.790.520.690.80.680.68
0.680.540.790.670.60.650.530.410.580.640.580.44-0.170.52-0.230.5-0.150.580.530.670.380.30.740.230.15
0.610.410.820.690.570.670.370.371.00.530.580.47-0.140.410.010.4-0.120.50.660.750.440.130.710.310.14
0.650.20.590.710.720.90.180.650.480.540.440.47-0.420.370.40.02-0.410.470.40.880.07-0.060.770.260.35
-0.62-0.65-0.4-0.72-0.13-0.46-0.65-0.74-0.14-0.65-0.17-0.14-0.42-0.720.23-0.370.99-0.75-0.38-0.45-0.39-0.34-0.42-0.89-0.96
0.890.770.660.790.340.610.780.820.410.930.520.410.37-0.72-0.350.61-0.740.990.310.630.490.640.590.80.79
-0.19-0.54-0.21-0.090.090.23-0.56-0.180.02-0.28-0.230.010.40.23-0.35-0.610.26-0.29-0.10.13-0.18-0.67-0.09-0.41-0.31
0.610.930.510.450.390.320.930.440.40.640.50.40.02-0.370.61-0.61-0.340.60.570.40.660.820.460.390.32
-0.63-0.62-0.39-0.7-0.13-0.44-0.63-0.77-0.12-0.66-0.15-0.12-0.410.99-0.740.26-0.34-0.76-0.32-0.44-0.34-0.37-0.42-0.91-0.98
0.930.770.730.880.420.70.770.850.50.950.580.50.47-0.750.99-0.290.6-0.760.390.720.520.580.680.810.8
0.480.650.660.550.470.540.620.320.660.420.530.660.4-0.380.31-0.10.57-0.320.390.570.430.260.590.390.24
0.880.530.840.880.820.970.50.750.750.790.670.750.88-0.450.630.130.4-0.440.720.570.370.250.920.40.41
0.50.670.330.530.290.280.660.340.440.520.380.440.07-0.390.49-0.180.66-0.340.520.430.370.390.330.330.3
0.60.780.330.30.390.180.790.60.130.690.30.13-0.06-0.340.64-0.670.82-0.370.580.260.250.390.380.430.38
0.860.570.840.840.870.90.550.770.710.80.740.710.77-0.420.59-0.090.46-0.420.680.590.920.330.380.420.4
0.640.630.510.710.050.390.640.720.30.680.230.310.26-0.890.8-0.410.39-0.910.810.390.40.330.430.420.95
0.630.580.40.70.060.410.60.770.130.680.150.140.35-0.960.79-0.310.32-0.980.80.240.410.30.380.40.95
Click cells to compare fundamentals

Enviri Account Relationship Matchups

Enviri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B3.0B3.1B2.8B2.9B2.3B
Short Long Term Debt Total831.3M1.4B1.5B1.5B1.5B1.6B
Other Current Liab215.4M286.3M306.6M295.6M404.7M290.6M
Total Current Liabilities464.9M538.0M601.4M597.3M655.2M555.6M
Total Stockholder Equity741.6M657.2M748.2M569.4M523.2M755.2M
Property Plant And Equipment Net613.9M765.1M755.5M758.1M759.1M796.2M
Net Debt774.1M1.3B1.4B1.4B1.4B1.5B
Retained Earnings1.8B1.8B1.8B1.6B1.5B1.3B
Cash57.3M76.5M82.9M81.3M121.2M83.4M
Non Current Assets Total1.7B2.2B2.2B2.0B2.0B1.5B
Non Currrent Assets Other49.1M56.5M119.7M136.1M144.5M105.1M
Cash And Short Term Investments57.3M76.5M82.9M81.3M122.7M83.5M
Net Receivables362.4M357.8M381.0M269.7M289.3M428.1M
Common Stock Shares Outstanding79.6M78.9M79.2M79.5M79.8M75.0M
Liabilities And Stockholders Equity2.4B3.0B3.1B2.8B2.9B2.3B
Non Current Liabilities Total1.1B1.7B1.6B1.6B1.6B955.8M
Inventory157.0M173.0M70.5M81.4M86.3M160.9M
Other Current Assets51.6M320.6M340.6M335.3M329.1M345.6M
Other Stockholder Equity(638.3M)(639.2M)(631.1M)(622.8M)(611.6M)(642.2M)
Total Liab1.6B2.3B2.2B2.2B2.3B1.5B
Property Plant And Equipment Gross613.9M765.1M653.9M656.9M2.1B2.2B
Total Current Assets652.8M815.8M875.0M767.7M827.4M835.5M
Accumulated Other Comprehensive Income(587.6M)(645.7M)(560.1M)(567.6M)(539.7M)(566.7M)
Short Term Debt18.9M44.1M47.7M45.3M45.8M53.7M
Intangible Assets299.1M438.6M402.8M352.2M324.9M205.1M
Accounts Payable176.8M164.1M186.1M205.6M198.6M189.6M
Common Stock Total Equity143.4M144.3M144.9M145.4M167.3M134.4M
Common Stock143.4M144.3M144.9M145.4M146.1M135.4M
Other Liab296.2M397.2M212.7M158.3M182.0M338.7M
Other Assets63.4M168.6M137.5M153.6M138.2M96.5M
Long Term Debt775.5M1.3B1.4B1.3B1.4B958.4M
Good Will738.4M902.1M883.1M759.3M768.0M616.9M
Treasury Stock(838.9M)(843.2M)(846.6M)(848.6M)(763.7M)(801.9M)
Property Plant Equipment561.8M668.2M653.9M758.1M682.3M739.6M
Current Deferred Revenue53.9M39.9M54.5M47.2M9.7M9.2M
Net Tangible Assets(295.9M)657.2M748.2M569.4M654.9M687.6M
Noncontrolling Interest In Consolidated Entity48.1M56.2M57.6M53.6M61.6M51.0M
Retained Earnings Total Equity1.8B1.8B1.8B1.6B1.5B1.2B

Currently Active Assets on Macroaxis

When determining whether Enviri offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enviri'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 Enviri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enviri Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Enviri. 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 Enviri Stock please use our How to Invest in Enviri guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Industrial Machinery & Supplies & Components 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 Enviri. If investors know Enviri 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 Enviri 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
(0.71)
Earnings Share
(0.73)
Revenue Per Share
26.07
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0227
The market value of Enviri is measured differently than its book value, which is the value of Enviri that is recorded on the company's balance sheet. Investors also form their own opinion of Enviri's value that differs from its market value or its book value, called intrinsic value, which is Enviri'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 Enviri's market value can be influenced by many factors that don't directly affect Enviri'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 Enviri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enviri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enviri'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.