Envista Current Deferred Revenue vs Net Working Capital Analysis

NVST Stock

USD 22.18 0.70 3.26%

Envista Holdings financial indicator trend analysis is much more than just examining Envista Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Envista Holdings Corp is a good investment. Please check the relationship between Envista Holdings Current Deferred Revenue and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Envista Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Current Deferred Revenue vs Net Working Capital

Current Deferred Revenue vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Envista Holdings Corp Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Envista Holdings' Current Deferred Revenue and Net Working Capital is 0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Envista Holdings Corp, assuming nothing else is changed. The correlation between historical values of Envista Holdings' Current Deferred Revenue and Net 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 Current Deferred Revenue of Envista Holdings Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Envista Holdings' Current Deferred Revenue and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Net Working Capital

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

At this time, Envista Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 29.02 in 2024, whereas Tax Provision is likely to drop slightly above 38.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.5B	1.4B	1.2B
Total Revenue	2.5B	2.6B	2.6B	2.1B

Gross Profit Total Revenue

Envista Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Short Term Debt
Common Stock Shares Outstanding		0.75	0.41	0.66	-0.39	-0.69	0.68	0.38	0.54	-0.53	-0.6	0.84	0.55	-0.73	-0.42	0.29	-0.36	0.73	-0.54	0.47	0.85	0.39	0.75	0.49	0.51	0.51
Total Assets	0.75		0.83	0.85	-0.85	-0.54	0.57	0.82	0.52	-0.78	-0.63	0.82	0.24	-0.95	-0.53	0.76	-0.57	0.91	-0.9	0.87	0.94	0.74	0.89	0.59	0.56	0.53
Other Current Liab	0.41	0.83		0.86	-0.91	-0.24	0.12	0.93	0.23	-0.61	-0.34	0.64	0.08	-0.87	-0.29	0.9	-0.3	0.87	-0.91	0.97	0.63	0.68	0.82	0.75	0.29	0.57
Total Current Liabilities	0.66	0.85	0.86		-0.7	-0.27	0.19	0.73	0.18	-0.45	-0.26	0.67	-0.02	-0.92	-0.17	0.62	-0.21	0.91	-0.74	0.83	0.72	0.48	0.79	0.9	0.09	0.87
Total Stockholder Equity	-0.39	-0.85	-0.91	-0.7		0.33	-0.34	-0.95	-0.38	0.76	0.59	-0.6	-0.13	0.82	0.55	-0.93	0.51	-0.74	0.97	-0.93	-0.68	-0.76	-0.76	-0.46	-0.52	-0.29
Other Liab	-0.69	-0.54	-0.24	-0.27	0.33		-0.9	-0.45	-0.94	0.42	0.43	-0.81	-0.83	0.33	0.19	-0.44	0.12	-0.47	0.53	-0.41	-0.75	-0.67	-0.63	-0.02	-0.65	-0.07
Net Tangible Assets	0.68	0.57	0.12	0.19	-0.34	-0.9		0.35	0.86	-0.51	-0.64	0.66	0.63	-0.34	-0.46	0.31	-0.41	0.34	-0.48	0.29	0.77	0.58	0.48	-0.18	0.73	-0.07
Property Plant And Equipment Net	0.38	0.82	0.93	0.73	-0.95	-0.45	0.35		0.49	-0.65	-0.4	0.68	0.23	-0.76	-0.31	0.98	-0.29	0.79	-0.97	0.98	0.69	0.86	0.81	0.52	0.44	0.38
Current Deferred Revenue	0.54	0.52	0.23	0.18	-0.38	-0.94	0.86	0.49		-0.55	-0.46	0.78	0.75	-0.3	-0.24	0.51	-0.25	0.45	-0.53	0.43	0.71	0.81	0.63	-0.07	0.74	-0.05
Accounts Payable	-0.53	-0.78	-0.61	-0.45	0.76	0.42	-0.51	-0.65	-0.55		0.86	-0.69	-0.36	0.74	0.81	-0.69	0.86	-0.67	0.76	-0.66	-0.73	-0.74	-0.76	-0.24	-0.87	-0.04
Non Current Assets Total	-0.6	-0.63	-0.34	-0.26	0.59	0.43	-0.64	-0.4	-0.46	0.86		-0.52	-0.41	0.58	0.96	-0.4	0.86	-0.4	0.6	-0.38	-0.63	-0.44	-0.51	0.03	-0.87	0.16
Non Currrent Assets Other	0.84	0.82	0.64	0.67	-0.6	-0.81	0.66	0.68	0.78	-0.69	-0.52		0.67	-0.75	-0.32	0.67	-0.33	0.87	-0.75	0.74	0.9	0.78	0.95	0.52	0.65	0.44
Other Assets	0.55	0.24	0.08	-0.02	-0.13	-0.83	0.63	0.23	0.75	-0.36	-0.41	0.67		-0.12	-0.22	0.28	-0.05	0.26	-0.32	0.19	0.43	0.44	0.49	-0.1	0.68	-0.2
Net Receivables	-0.73	-0.95	-0.87	-0.92	0.82	0.33	-0.34	-0.76	-0.3	0.74	0.58	-0.75	-0.12		0.51	-0.69	0.54	-0.94	0.84	-0.85	-0.82	-0.59	-0.87	-0.76	-0.42	-0.66
Good Will	-0.42	-0.53	-0.29	-0.17	0.55	0.19	-0.46	-0.31	-0.24	0.81	0.96	-0.32	-0.22	0.51		-0.32	0.91	-0.28	0.5	-0.29	-0.47	-0.3	-0.36	0.08	-0.78	0.24
Non Current Liabilities Total	0.29	0.76	0.9	0.62	-0.93	-0.44	0.31	0.98	0.51	-0.69	-0.4	0.67	0.28	-0.69	-0.32		-0.32	0.75	-0.94	0.95	0.63	0.89	0.8	0.45	0.51	0.25
Inventory	-0.36	-0.57	-0.3	-0.21	0.51	0.12	-0.41	-0.29	-0.25	0.86	0.86	-0.33	-0.05	0.54	0.91	-0.32		-0.36	0.45	-0.31	-0.52	-0.38	-0.39	0.01	-0.74	0.14
Other Current Assets	0.73	0.91	0.87	0.91	-0.74	-0.47	0.34	0.79	0.45	-0.67	-0.4	0.87	0.26	-0.94	-0.28	0.75	-0.36		-0.82	0.89	0.84	0.71	0.96	0.82	0.4	0.72
Other Stockholder Equity	-0.54	-0.9	-0.91	-0.74	0.97	0.53	-0.48	-0.97	-0.53	0.76	0.6	-0.75	-0.32	0.84	0.5	-0.94	0.45	-0.82		-0.95	-0.79	-0.83	-0.86	-0.49	-0.59	-0.34
Total Liab	0.47	0.87	0.97	0.83	-0.93	-0.41	0.29	0.98	0.43	-0.66	-0.38	0.74	0.19	-0.85	-0.29	0.95	-0.31	0.89	-0.95		0.73	0.82	0.88	0.67	0.4	0.52
Net Invested Capital	0.85	0.94	0.63	0.72	-0.68	-0.75	0.77	0.69	0.71	-0.73	-0.63	0.9	0.43	-0.82	-0.47	0.63	-0.52	0.84	-0.79	0.73		0.75	0.87	0.44	0.64	0.45
Property Plant And Equipment Gross	0.39	0.74	0.68	0.48	-0.76	-0.67	0.58	0.86	0.81	-0.74	-0.44	0.78	0.44	-0.59	-0.3	0.89	-0.38	0.71	-0.83	0.82	0.75		0.81	0.26	0.67	0.16
Total Current Assets	0.75	0.89	0.82	0.79	-0.76	-0.63	0.48	0.81	0.63	-0.76	-0.51	0.95	0.49	-0.87	-0.36	0.8	-0.39	0.96	-0.86	0.88	0.87	0.81		0.66	0.6	0.53
Non Current Liabilities Other	0.49	0.59	0.75	0.9	-0.46	-0.02	-0.18	0.52	-0.07	-0.24	0.03	0.52	-0.1	-0.76	0.08	0.45	0.01	0.82	-0.49	0.67	0.44	0.26	0.66		-0.15	0.92
Net Working Capital	0.51	0.56	0.29	0.09	-0.52	-0.65	0.73	0.44	0.74	-0.87	-0.87	0.65	0.68	-0.42	-0.78	0.51	-0.74	0.4	-0.59	0.4	0.64	0.67	0.6	-0.15		-0.31
Short Term Debt	0.51	0.53	0.57	0.87	-0.29	-0.07	-0.07	0.38	-0.05	-0.04	0.16	0.44	-0.2	-0.66	0.24	0.25	0.14	0.72	-0.34	0.52	0.45	0.16	0.53	0.92	-0.31

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Envista Holdings Account Relationship Matchups

Envista Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.2B	6.9B	6.6B	6.6B	6.6B	7.0B
Other Current Liab	418M	515.5M	434.4M	323.4M	279.1M	350.4M
Total Current Liabilities	709.2M	1.7B	1.2B	1.2B	780.8M	1.1B
Total Stockholder Equity	3.5B	3.7B	4.1B	4.2B	4.2B	3.4B
Other Liab	399.3M	408.8M	304.6M	151.3M	136.2M	267.8M
Net Tangible Assets	(1.1B)	(815.5M)	(120.8M)	3.2B	3.7B	3.9B
Property Plant And Equipment Net	490.4M	468.3M	392.2M	425.4M	434.7M	424.9M
Current Deferred Revenue	52.6M	48.6M	60.1M	78.9M	106.4M	71.8M
Retained Earnings	93.1M	126.4M	466.9M	731.4M	631.2M	322.0M
Accounts Payable	208M	202.5M	185.8M	228.3M	179.5M	165.0M
Cash	211.2M	888.9M	1.1B	606.9M	940M	584.7M
Non Current Assets Total	5.2B	5.3B	4.7B	5.2B	4.9B	4.1B
Non Currrent Assets Other	74.4M	127.3M	167.8M	153.7M	180.5M	135.5M
Other Assets	74.4M	70K	167.8M	153.7M	176.8M	101.7M
Long Term Debt	1.3B	907.7M	883.4M	870.7M	1.4B	845.6M
Cash And Short Term Investments	211.2M	888.9M	1.1B	606.9M	940M	584.7M
Net Receivables	443.6M	301.7M	331.9M	393.5M	407.5M	320.1M
Good Will	3.3B	3.4B	3.1B	3.5B	3.3B	2.7B
Long Term Debt Total	1.3B	907.7M	883.4M	870.7M	1.0B	730.2M
Liabilities And Stockholders Equity	6.2B	6.9B	6.6B	6.6B	6.6B	7.0B
Non Current Liabilities Total	1.9B	1.5B	1.3B	1.1B	1.7B	1.3B
Capital Surpluse	3.6B	3.7B	3.7B	3.7B	4.3B	2.7B
Capital Lease Obligations	212.7M	186.3M	144.1M	148.4M	140.2M	130.7M
Inventory	277.9M	266.9M	263.8M	300.8M	258.8M	219.7M
Other Current Assets	69.2M	184M	166.5M	123.4M	137.4M	123.3M
Other Stockholder Equity	3.6B	3.7B	3.7B	3.7B	3.8B	3.2B
Total Liab	2.6B	3.2B	2.5B	2.4B	2.4B	2.4B
Net Invested Capital	4.9B	5.5B	5.4B	5.6B	5.7B	5.8B
Property Plant And Equipment Gross	490.4M	468.3M	392.2M	425.4M	775.7M	478.5M
Short Long Term Debt	3.9M	886.8M	432.4M	510M	115.3M	109.5M
Total Current Assets	1.0B	1.6B	1.8B	1.4B	1.7B	1.4B
Accumulated Other Comprehensive Income	(144.2M)	(91.8M)	(143.5M)	(225.1M)	(217.2M)	(206.3M)
Non Current Liabilities Other	13.5M	408.8M	304.6M	151.3M	7.8M	7.4M
Net Working Capital	292.7M	(94.2M)	628M	187.9M	962.9M	1.0B
Short Term Debt	30.6M	917.9M	479.8M	564M	175.9M	167.1M
Intangible Assets	1.3B	1.3B	1.0B	1.1B	954M	975.8M
Property Plant Equipment	490.4M	303M	392.2M	293.6M	337.6M	361.5M

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